Japan to fall to 6th in world GDP rankings behind India, Britain: IMF
BANGKOK (Kyodo) -- The International Monetary Fund projects that Japan's nominal gross domestic product, measured in U.S. dollars, will be overtaken b
The International Monetary Fund forecasts that Japan's nominal gross domestic product will fall to sixth place globally by 2027, behind India and Britain. This marks a decline from Japan's fourth position in the rankings since 2023, which was shared with the United States, China, and Germany. The IMF's projections come amid the yen's ongoing weakness against the U.S. dollar and Japan's modest economic growth.
As of 2026, Japan's nominal GDP is expected to be $4.3419 trillion, rising to $4.4676 trillion in 2027, based on exchange rates around 158 yen per dollar. India's GDP is projected to reach $4.5211 trillion in 2027, moving up from sixth to fourth globally. In April, the IMF had predicted Britain would surpass Japan in 2029, but now anticipates Britain's GDP at $4.4889 trillion in 2027.
Japan's projected real economic growth is 0.7 percent for both 2026 and 2027, while India's economy is anticipated to expand by 7 percent annually in both years. Britain is expected to grow by 1.3 percent in 2026 and 1.2 percent in 2027. Historically, Japan held the second spot globally, but fell to third after China's rapid growth, and was overtaken by Germany in 2023, slipping to fourth place.
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- IMF says Japan to fall to sixth in world GDP rankings behind India, Britain freemalaysiatoday.com
