
India’s GDP Hits $4.3 Trillion, Doubles in a Decade with World-Leading 105% Growth
New Delhi | March 26, 2025 — India’s economic rise continues to defy global trends. According to the latest data released by the International Monetary Fund (IMF), India’s Gross Domestic Product (GDP) now stands at $4.3 trillion, more than doubling in the past decade—a growth rate of 105%.
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In 2015, India’s GDP stood at $2.1 trillion. Today, that figure has more than doubled, making India the fastest-growing major economy over the past 10 years. In comparison, China saw a 76% rise, the US 66%, Germany 44%, France 38%, and the UK just 28% during the same period.
Commerce and Industry Minister Piyush Goyal praised the performance, calling it “outstanding” and a reflection of India’s “unstoppable momentum under Prime Minister Narendra Modi’s leadership.” He noted that India is now ahead of all G7, G20, and BRICS nations in terms of decade-long GDP growth.
India currently ranks fifth in the world in terms of GDP size—just behind Japan ($4.4 trillion) and Germany ($4.9 trillion). If current trends continue, India is expected to overtake Japan by Q3 of 2025, and Germany by Q2 of 2027, positioning itself as the third-largest economy globally.
Interestingly, India’s economic leap comes with a relatively modest debt profile. As of September 2024:
If this trajectory continues, India is expected to add $1 trillion every 1.5 years, aiming to reach $10 trillion by 2032—solidifying its place among the world’s top economies.
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