Financebyanmol
May 26, 2025 at 03:45 AM
*India Overtakes Japan - What Now?* ✅🇮🇳💪
NITI Aayog CEO BVR Subrahmanyam officially confirmed that _*India is currently a "$4 trillion economy" and is now larger than Japan*_. This places India behind only the US, China, and Germany in terms of nominal GDP. 📊💪
The IMF anticipated India's nominal GDP for FY26 to reach approx $4.187 trillion, _*slightly exceeding Japan's estimated $4.186 trillion*_ for calendar year 2025. 👀
So if it hasn't happened already, it will be true within FY26, and further projections show that India's GDP is expected to reach $4.601 trillion in FY27, widening the gap with Japan. 🇮🇳🚨
This definitely is a moment to be proud about, but it is also true that per capita income still shows a considerable gap. _*India's per capita income is estimated at around $2,880*_, significantly lower than _*Japan's $34,000*_. 💰❌
_For everyone to feel the economic growth, this metric should improve_
Did a fun calculation on how much time it will take India to overtake the remaining countries. 👀💰
- _*For India to surpass Germany, it would take approx 2.2 years from 2025*_ This aligns very closely with the IMF's projections that India would surpass Germany by 2028. 🇩🇪
- _*For India to surpass China, it would take approx 73.6 years from 2025*_. This would mean _*India would surpass China around 2098-2099*_ if these exact growth rates were to hold for over 7 decades. The number is big mainly because China itself grows at 4%, which is big. 🇨🇳
- _*For India to surpass China, it would take approx 47.1 years*_. This would mean India would surpass the US around 2072-2073. 🇺🇸
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