IMF projects India to overtake Japan as fourth-largest economy in 2027
In short
The IMF said India may become the world’s fourth-largest economy in 2027, with GDP at $4.52 trillion. It also raised India’s 2026 growth forecast to 7%, while Japan’s is 0.7%.
This matters for India’s economy and global ranking. The report does not explain in detail how the revised GDP method changes the numbers.
What the reporting says
The IMF projected that India will overtake Japan as the world’s fourth-largest economy in 2027, with nominal GDP reaching $4.52 trillion. It also raised India’s 2026 growth forecast to 7%, while Japan is projected to grow 0.7%. The immediate consequence is a stronger growth outlook for India, but the reporting does not say how the revised GDP methodology itself changed the forecast.
Why it matters
The IMF projected that India will overtake Japan as the fourth-largest economy in 2027 and put India’s nominal GDP at $4.52 trillion, while raising the 2026 growth forecast to 7%. Japan was projected to grow 0.7%. The reporting frames this as support for India’s revised GDP methodology, but the exact methodological change is not described. The main impact is on India’s macro outlook and global economic ranking.