India has achieved a historic economic milestone by doubling its Gross Domestic Product (GDP) from $2.1 trillion in 2015 to $4.3 trillion in 2025, marking an impressive 105% increase. This unprecedented growth rate places India among the fastest-growing major economies in the world, positioning it to surpass Japan in 2025 and potentially overtake Germany by 2027. According to inflation-adjusted data from the International Monetary Fund (IMF), India recorded a 77% GDP growth over the decade, rising from $2.4 trillion in 2015 to $4.3 trillion in 2025.
This remarkable economic expansion can be attributed to a combination of bold policy reforms, enhanced ease of doing business, and government initiatives aimed at fostering industrial growth and foreign investments. Commenting on this achievement, BJP leader Amit Malviya highlighted the role of Prime Minister Narendra Modi’s leadership, stating, “This extraordinary achievement is a testament to the decisive leadership of Prime Minister Narendra Modi and the relentless efforts of his government. Through proactive economic policies, bold structural reforms, and a sustained focus on ease of doing business, the Modi government has propelled India to the position of the world’s fastest-growing major economy.”
India’s growth trajectory is in stark contrast to other leading global economies. China, despite its strong economic standing, recorded a 74% GDP growth over the same period, rising from $11.2 trillion in 2015 to $19.5 trillion in 2025. However, China’s economic momentum has been hampered by persistent challenges in the property sector and the impact of the COVID-19 pandemic. While China remains a dominant force in global trade, earlier projections that it would overtake the United States as the world’s largest economy have yet to materialize.
The United States maintained its position as the world’s largest economy, with its GDP increasing from $23.7 trillion in 2015 to $30.3 trillion in 2025, reflecting a 28% growth rate. Although this expansion is slower compared to Asian economies, the U.S. continues to be the cornerstone of global financial stability and innovation.
Other leading economies, including the UK, France, Germany, and Japan, reported moderate GDP growth ranging from 6% to 14% over the decade. Despite their slower expansion, these nations continue to wield significant influence in global markets.
Brazil, on the other hand, recorded the lowest GDP growth among the top ten economies, increasing by only 8% from $2.1 trillion in 2015 to $2.3 trillion in 2025. The country’s economic struggles were exacerbated by the 2014 commodity crash and a prolonged recession, further compounded by disruptions caused by the COVID-19 pandemic.