India’s GDP doubles in a decade, poised to overtake Japan in 2025

According to inflation-adjusted data from the International Monetary Fund (IMF), India recorded a 77% GDP growth over the decade

March 22, 2025

BJP leader Amit Malviya tweeted: “This extraordinary achievement is a testament to the decisive leadership of Prime Minister Narendra Modi and the relentless efforts of his government."

China posted an impressive 74% GDP growth over the same period,

United States retained its status as the world’s largest economy, with its GDP expanding from US$23.7 trillion in 2015 to US$30.3 trillion in 2025

Though slower than Asian economies, the U.S. remains a dominant force in global economic stability

India has achieved a significant economic milestone by doubling its Gross Domestic Product (GDP) from US$2.1 trillion in 2015 to US$4.3 trillion in 2025, marking a 105% increase—an unprecedented growth rate among major global economies.

According to inflation-adjusted data from the International Monetary Fund (IMF), India recorded a 77% GDP growth over the decade, rising from US$2.4 trillion in 2015 to US$4.3 trillion in 2025. This rapid expansion has propelled India into the ranks of the world’s top five economies, positioning it to surpass Japan in 2025 and potentially overtake Germany by 2027.

Commenting on this milestone, BJP leader Amit Malviya tweeted: “This extraordinary achievement is a testament to the decisive leadership of Prime Minister Narendra Modi and the relentless efforts of his government. Through proactive economic policies, bold structural reforms, and a sustained focus on ease of doing business, the Modi government has propelled India to the position of the world’s fastest-growing major economy—an accolade no previous government had secured since independence. Today, these transformative initiatives are not only driving India’s economic expansion but also positioning it ahead of traditional global powerhouses, signalling a significant shift in the global economic landscape.”

Meanwhile, China posted an impressive 74% GDP growth over the same period, increasing from US$11.2 trillion in 2015 to US$19.5 trillion in 2025. However, earlier projections that China would overtake the United States as the world’s largest economy have not materialized, with economic headwinds stemming from the pandemic and ongoing property sector challenges.

The United States retained its status as the world’s largest economy, with its GDP expanding from US$23.7 trillion in 2015 to US$30.3 trillion in 2025, representing a 28% growth rate. Though slower than Asian economies, the U.S. remains a dominant force in global economic stability.

Source: MoneyControl

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