India Overtakes Japan to Become the World’s Fourth-Largest Economy
India has officially surpassed Japan to become the fourth-largest economy in the world, in terms of nominal GDP. This is a significant change in the global economic landscape. The April edition of the World Economic Outlook report by IMF stated that the nominal GDP for fiscal 2026 is estimated to reach $4,187.017 billion which is marginally higher than the GDP of Japan at $4,186.431 billion. India now stands behind only the United States, China, and Germany.