India poised to replace Japan as 4th-largest economy this year: IMF

New Delhi: India is poised to become the world’s fourth-largest economy in 2025, with the country’s nominal GDP rising to $4,187.017 billion during the year to surpass Japan’s GDP pegged at $4,186.431 billion, according to the IMF’s World Economic Outlook report. According to the report, India continues to remain the world’s fastest-growing major economy and the only country expected to clock over 6 per cent growth in the next two years. Japan, on the other hand, is expected to be hard hit by the global trade war, with its growth stagnating at 0.6 per cent for 2025 and 2026. (IANS)

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