India overtakes Japan as 4th largest economy
THE former Labour Party presidential candidate, Peter Obi, has reacted to the announcement that India has overtaken Japan to become the world’s fourth-largest economy by nominal GDP, using the milestone to question Nigeria’s worsening economic fortunes.
According to estimates by the International Monetary Fund (IMF) for 2025, India’s nominal GDP is projected at about $4.187 trillion, narrowly surpassing Japan’s $4.186 trillion. India is now setting its sights on overtaking Germany, whose economy stands at approximately $4.74 trillion, to become the world’s third-largest economy
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