Japan has slipped from the third to the fourth position in the list of top 10 countries by GDP.
According to data from the International Monetary Fund (IMF), the current GDP of Japan stands at USD 4.29 trillion.
List of top 10 countries by GDP
The list is led by the United States, with a GDP of USD 27.97 trillion. India, with a GDP of USD 4.11 trillion according to the IMF, holds the fifth position.
Following are the top 10 countries by GDP, as per the IMF
Country name | GDP (in USD) |
United States | 27.97 thousand billion |
China | 18.56 thousand billion |
Germany | 4.7 thousand billion |
Japan | 4.29 thousand billion |
India | 4.11 thousand billion |
United Kingdom | 3.59 thousand billion |
France | 3.18 thousand billion |
Italy | 2.28 thousand billion |
Brazil | 2.27 thousand billion |
Canada | 2.24 thousand billion |
India’s GDP per capita
Despite India’s substantial GDP, its GDP per capita remains relatively low at USD 2.85 thousand.
As the banking giant Goldman Sachs has predicted that India will become the second-largest economy in the world, surpassing the United States by 2075, GDP per capita is also expected to increase in the coming years.