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India expected to overtake Japan as world's 4th largest economy in 2027: IMF

BANGKOK: India is expected to become the world's fourth-largest economy by 2027, overtaking Japan, according to International Monetary Fund projections that on Thursday (Oct 15) laid out the Asian nations' contrasting trajectories.

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国际货币基金组织预测,印度将在2027年超越日本,成为世界第四大经济体。

Releasing the IMF's regional economic outlook for Asia-Pacific on Oct 15, Asia Director Krishna Srinivasan said India entered the current energy price shock caused by the US-Israel war on Iran from a strong position. - Reuters

BANGKOK: India is expected to become the world's fourth-largest economy by 2027, overtaking Japan, according to International Monetary Fund projections that on Thursday (Oct 15) laid out the Asian nations' contrasting trajectories.

The IMF said Japan would remain the fourth-largest country by nominal gross domestic product this year, but in 2027 India is set to take its place, with a GDP reaching US$4.52 trillion.

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