16/04/2026
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16/04/2026
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NEW DELHI, Apr 16: India has slipped to the world’s sixth-largest economy in 2025, despite remaining the fastest-growing major economy, according to the latest data from the International Monetary Fund cited in reports.
The Indian economy is estimated at $3.92 trillion, placing it behind the United Kingdom, which stands at $4 trillion. Japan holds the fourth position with a GDP of $4.44 trillion, while Germany ranks third at $4.7 trillion.
At the top, the United States continues to lead with a GDP of $30.8 trillion, followed by China at $19.6 trillion.
India had ranked fifth globally in 2024 with a GDP of $3.5 trillion, ahead of the UK, but has since dropped a position largely due to currency depreciation. Global economic rankings are calculated in US dollars, making them sensitive to exchange rate movements.
The Indian Rupee has remained under pressure over the past year amid a strong US dollar, rising interest rates in the United States, and global economic uncertainties. Analysts say these factors have weighed on emerging market currencies, including the rupee, impacting India’s relative global ranking.
Despite the setback, India continues to target becoming the world’s third-largest economy by 2028, although the latest developments suggest potential challenges ahead.