India will overtake Japan 🗾#India#Japan#shorts#explore#fyp#shorts
The International Monetary Fund (IMF) has predicted that India will surpass Japan as the world’s fourth-largest economy in 2025. The IMF’s World Economic Outlook, released on April 21, 2024, projects that India’s GDP will grow by 8.2% in 2023 and 8.1% in 2024, while Japan’s GDP will grow by 2.4% in 2023 and 2.3% in 2024. As a result, India’s GDP is expected to reach $4.3398 trillion in 2025, compared with Japan’s $4.3103 trillion.
The IMF’s projections are based on a number of factors, including India’s strong economic growth, its large population, and its growing middle class. India’s economy has been growing at an average rate of 7.5% per year since 2000, and it is expected to continue to grow at a rapid pace in the coming years. India’s population is also growing rapidly, and it is expected to surpass China’s population by 2025. This large and growing population will provide a strong domestic market for Indian businesses.
India’s middle class is also growing rapidly, and it is expected to reach 500 million people by 2025. This growing middle class will have a strong demand for goods and services, which will boost India’s economy.
The IMF’s projections are a positive sign for India’s economy. They suggest that India is on track to become a major economic power in the coming years
4 Comments
It doesn't happened in last 24 hrs 😂
Theses are just speculations but don't get offended 😅
Great. More money for them to send to Russia.
Japan our well wishers
Smelly money