IMF backs India's revised GDP methodology, projects overtaking Japan as 4th-largest economy by 2027

The International Monetary Fund has endorsed India's revised GDP methodology and projected that India will overtake Japan to become the world's fourth-largest economy by 2027, with a nominal GDP of $4.52 trillion.

The IMF raised its growth forecast for India in 2026 to 7 per cent, reflecting strong economic momentum. In contrast, Japan is projected to grow at just 0.7 per cent during the same period, widening the gap between the two economies.

This projection underscores India's accelerating economic expansion and its rising position in the global economy. The IMF's endorsement of India's revised GDP calculation methodology adds credibility to the country's economic data and growth trajectory.