“It is embarrassing”: Japanese economists and analysts in shock after IMF predicted that India will overtake Japan by 2025 to become 4th largest economy
In late April 2024, the International Monetary Fund (IMF) estimates revealed that India’s Gross Domestic Product (GDP) in Nominal terms will reach $4.34 trillion in 2025 while Japan’s GDP will be at $4.31 trillion. With this, India will overtake Japan to become the World’s 4th largest economy by next year. Incidentally, New Delhi’s jump to fourth place … Read more