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Article

India Surpasses Japan to Become World Third-Largest Economy

India has officially surpassed Japan to become the world third-largest economy by nominal GDP.

7 min readAugust 7, 2026By The Networth Index
India Surpasses Japan to Become World Third-Largest Economy

India has officially surpassed Japan to become the world third-largest economy by nominal GDP, reaching $4.3 trillion according to the latest IMF data. The milestone reflects decades of economic reforms and accelerating growth.

The Growth Story

India GDP growth has averaged 6.8% annually over the past decade, driven by a young and growing workforce, rapid urbanization, and a digital revolution that has transformed everything from payments to agriculture.

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