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In May 2025 , India reached a major economic progress by officially surpassing Japan to become the world's fourth - largest economy . This information was confirmed by government officials and International Monetary Fund (IMF) data in May 2025 . India’s nominal GDP reached approximately $4.19 trillion to $4.3 trillion , narrowly nudging past Japan's $4.18 trillion . This achievement reflects a rapid ascent from the 10th position in 2014 , with the economy more than doubling in size over just 11 years.
1st : United States ($30.50 trillion)
2nd : China ($19.23 trillion)
3rd : Germany ($4.74 trillion)
4th : India ($4.19 trillion)
5th : Japan ($4.18 trillion)
According to International Monetory Fund (IMF) and other resources .These are world's largest economies are now ranked .
