India's GDP Hits $4.3 Trillion, Doubling in 10 Years, Leading Global Expansion

India has been the fastest-growing major economy globally for the past 10 years, with the most recent data from the International Monetary Fund (IMF) showing a remarkable 105% growth over the last ten years.

According to the IMF, India’s GDP now stands at $4.3 trillion, up from $2.1 trillion in the year 2015, when Narendra Modi’s 1st term as prime minister was less than a year old. Since then, India has more than doubled its GDP.

India will almost surpass Japan in becoming the world’s fourth-largest economy. Japan’s GDP currently stands at $4.4 trillion, & India is expected to exceed that figure by the third quarter of 2025. If the current growth rate continues, India will overtake Germany—the world’s 3rd-largest economy—by the second quarter of 2027, as Germany’s GDP is $4.9 trillion.

Commerce and Industry Minister Piyush Goyal has called India's 10-year economic performance "outstanding," praising the nation for doubling its GDP in a decade. Mr. Goyal elaborated that India, with its 105 percent growth over the last 10 years, has outpaced other major economies like China (76 percent), the USA (66 percent), Germany (44 percent), France (38 percent), & the UK (28 percent).

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