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India moves past Japan in global GDP rankings during 2025

India became the world’s fourth largest economy in 2025, with GDP near $4.18 trillion, while the rupee remained under pressure in currency markets.
Economic data released toward year end showed India surpassing Japan to become the world’s fourth largest economy. Gross domestic product was estimated at approximately $4.18 trillion. Policymakers continue to target further expansion toward Germany’s economy by 2030. Meanwhile, the rupee traded near 89.78 per dollar amid ongoing trade and currency market developments.