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India’s GDP doubles in a decade, poised to overtake Japan in 2025, Germany by 2027

According to inflation-adjusted data from the International Monetary Fund (IMF), India recorded a 77 percent GDP growth over the decade, rising from $2.4 trillion in 2015 to $4.3 trillion in 2025.

March 22, 2025 / 11:56 IST
This rapid expansion has propelled India into the ranks of the world’s top five economies, positioning it to surpass Japan in 2025 and potentially overtake Germany by 2027.

India has achieved a significant economic milestone by doubling its Gross Domestic Product (GDP) from $2.1 trillion in 2015 to $4.3 trillion in 2025, marking a 105% increase—an unprecedented growth rate among major global economies.

According to inflation-adjusted data from the International Monetary Fund (IMF), India recorded a 77 percent GDP growth over the decade, rising from $2.4 trillion in 2015 to $4.3 trillion in 2025. This rapid expansion has propelled India into the ranks of the world’s top five economies, positioning it to surpass Japan in 2025 and potentially overtake Germany by 2027.

Commenting on this milestone, BJP leader Amit Malviya tweeted: “This extraordinary achievement is a testament to the decisive leadership of Prime Minister Narendra Modi and the relentless efforts of his government. Through proactive economic policies, bold structural reforms, and a sustained focus on ease of doing business, the Modi government has propelled India to the position of the world’s fastest-growing major economy—an accolade no previous government had secured since independence. Today, these transformative initiatives are not only driving India’s economic expansion but also positioning it ahead of traditional global powerhouses, signaling a significant shift in the global economic landscape.”

Meanwhile, China posted an impressive 74 percent GDP growth over the same period, increasing from $11.2 trillion in 2015 to $19.5 trillion in 2025. However, earlier projections that China would overtake the United States as the world’s largest economy have not materialized, with economic headwinds stemming from the pandemic and ongoing property sector challenges.

The United States retained its status as the world’s largest economy, with its GDP expanding from $23.7 trillion in 2015 to $30.3 trillion in 2025, representing a 28 percent growth rate. Though slower than Asian economies, the U.S. remains a dominant force in global economic stability.

Other major economies, including the UK, France, Germany, and Japan, reported moderate GDP growth, ranging from 6% to 14% over the decade. Despite their relatively slower expansion, these nations continue to hold significant influence in global trade and finance.

Brazil recorded the lowest GDP growth among the top ten economies, with only an 8 percent increase from $2.1 trillion in 2015 to $2.3 trillion in 2025. The country’s economic struggles were exacerbated by the 2014 commodity crash, leading to a prolonged recession, further compounded by disruptions caused by the COVID-19 pandemic.

Moneycontrol News
first published: Mar 22, 2025 11:56 am

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