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ARTHA

India Ranks 6th in Global GDP Ranking

2025 2027 2031

United States United States United States
01
US$ 30.8 tn US$ 33.8 tn US$ 39.0 tn

China China China
02
US$ 19.6 tn US$ 21.9 tn US$ 27.5 tn

03 Germany Germany India
US$ 5.0 tn US$ 5.6 tn US$ 6.8 tn

Japan India Germany
04 US$ 4.4 tn US$ 4.6 tn US$ 6.4 tn

United Japan United
05
Kingdom US$ 4.6 tn Kingdom
US$ 4.0 tn US$ 5.4 tn

06 India United Japan
US$ 3.9 tn Kingdom US$ 5.1 tn
US$ 4.5 tn

France France France
07
US$ 3.4 tn US$ 3.7 tn US$ 4.1 tn

08 Russian Italy Brazil
Federation US$ 2.8 tn US$ 3.4 tn
US$ 2.6 tn

09 Italy Brazil Canada
US$ 2.6 tn US$ 2.8 tn US$ 3.1 tn

Canada Canada Italy
10
US$ 2.3 tn US$ 2.6 tn US$ 3.1 tn

Note: 2024 and 2025 are actual. 2026 onwards is projected
Source: IMF World Economic Outlook, April 2026

India’s GDP ranking is at 6th position globally in 2025 despite strong nominal growth in rupee terms at roughly
9 per cent during the year. This could be largely due to the depreciation of the rupee due to the West Asia crisis
(and a stronger dollar) and downward revisions to GDP under the new series, which together moderated the
expansion of India’s GDP in dollar terms. However, the Indian economy is expected to improve its rankings
2027 onwards as India catapults to the 4th position and maintains it through 2030, further climbing to the 3rd
position by 2031.

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