At $4.3 Trillion, India’s GDP Doubles In 10 Years, Outpaces World With 105% Rise

India has been the quickest rising main economic system on this planet for the final ten years, with the newest information from the Worldwide Financial Fund or IMF exhibiting a staggering 105 per cent development within the final decade.

In line with the IMF, India’s GDP at present stands at $4.3 trillion. It was $2.1 trillion in 2015, when Narendra Modi’s first time period as prime minister was lower than a 12 months in workplace. Since then, India has greater than doubled its economic system by way of Gross Home Product or GDP.

India is on the cusp of overtaking Japan because the fourth-largest economic system on this planet. Japan’s GDP at present stand at $4.4 trillion and India is poised to go previous that mark by the third quarter of 2025. Ought to the typical fee of development proceed the best way it’s, India will surpass Germany – the Third-largest economic system globally – by the 2nd quarter of in 2027. Germany’s GDP at present stands at $4.9 trillion.

Commerce and Business Minister Piyush Goyal has referred to as India’s 10-year financial efficiency “excellent”, hailing the nation for doubling its GDP in a decade. Mr Goyal highlighted that India, which has topped the world with a development fee of 105 per cent in 10 years, has outperformed different main economies like China (76 per cent), USA (66 per cent), Germany (44 per cent), France (38 per cent) and UK (28 per cent).

India has outpaced all of the nations within the G7, the G20, and the BRICS by greater than doubling its dimension of economic system.

“The worldwide shift is actual! PM Narendra Modi-ji has led India to double its GDP within the final decade, positioning it to turn into the third-largest economic system globally quickly,” Mr Goyal mentioned.

‘THE BIG TWO’

Whereas India topped the record by way of tempo of development, the highest two spots by way of dimension of economic system remained america ($30.3 trillion) and China ($19.5 trillion). Germany is in third place at $4.9 trillion, Japan in fourth at $4.4 trillion, and India at fifth at $4.3 trillion.

Breaking into the highest two locations will take India little over twenty years at its present fee of development. Although, it’s attention-grabbing to notice that as of March, 2025, US’s nationwide debt stands at $36.22 trillion, whereas China’s nationwide debt as of September, 2024 stands at $2.52 trillion. As compared, India’s general debt as of September, 2024 stands at $712 billion.

INDIA’S GROWTH TRAJECTORY

India took 60 years for its GDP to succeed in the primary trillion-dollar mark (in 2007). From $1 trillion to $2 trillion took 7 years (in 2014), Regardless of COVID-19, India reached the $3 trillion mark in 2021. The journey from $3 trillion to $4 trillion took simply 4 years.

At this tempo, ought to the development proceed the best way it’s, India is poised so as to add a trillion {dollars} to its GDP each 1.5 years, and will probably turn into a $10 trillion economic system by finish of 2032.

(Disclaimer: Information for this text is as per the info obtainable on the IMF website)