India Slips to 6th-Largest Economy With $3.92 Trillion GDP in FY26
Updated
Updated · The Tribune India · Aug 12
India Slips to 6th-Largest Economy With $3.92 Trillion GDP in FY26
3 articles · Updated · The Tribune India · Aug 12
Summary
$3.92 trillion in nominal GDP put India sixth globally in 2025-26, Finance Minister of State Pankaj Chaudhary told Parliament, citing the IMF’s April 2026 World Economic Outlook.
The ranking is based on GDP at current U.S. dollar exchange rates, and Chaudhary said shifts in other economies’ growth, exchange rates, prices and national accounts can change countries’ positions.
Japan and the UK moved ahead of India in the IMF’s latest projections, reversing India’s earlier rise after it overtook the UK in 2022 and was placed fourth at about $4.18 trillion in a December 2025 government review.
India said it is targeting faster growth through manufacturing, agriculture, infrastructure and MSMEs, backed by PLI incentives, logistics reforms, public capital spending, looser FDI rules and tax changes.