India becomes world’s fourth largest economy, overtaking Japan: NITI Aayog CEO

New Delhi, May 25, 2025.

India has overtaken Japan to become the world’s fourth-largest economy, NITI Aayog Chief Executive Officer (CEO) BVR Subrahmanyam said, citing data by the International Monetary Fund at a press conference of the 10th NITI Aayog Governing Council Meeting on Viksit Rajya for Viksit Bharat 2047.

“We are the fourth largest economy as I speak. We are a USD 4 trillion economy as I speak, and this is not my data. This is IMF data. India today is larger than Japan,” said BVR Subrahmanyam.

He further stated that India may soon surpass Germany and become the third-largest economy in the world.

“It’s only the United States, China, and Germany which are larger, and if we stick to, you know, what is being planned, what is being thought through, it’s a matter of another 2, 2.5 to 3 years; we would become the third largest economy,” Subrahmanyam added.

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