Japan Projected to Rank 6th in 2027 GDP, behind India, U.K.

According to the International Monetary Fund's World Economic Outlook, Japan's nominal gross domestic product is projected to fall from fourth to sixth place globally by 2027. Both Nippon.com News and Japan Today report that India and Britain are expected to overtake Japan in the rankings. The Mainichi notes that since 2023, Japan has ranked fourth behind the United States, China, and Germany.

The Mainichi reports that Japan's nominal GDP is projected at $4.3419 trillion in 2026 and $4.4676 trillion in 2027, with calculations appearing to use an exchange rate between 158 yen to the dollar. India's GDP is expected to reach $4.5211 trillion in 2027, moving from sixth to fourth place. British GDP is forecasted at $4.4889 trillion in 2027. While Japan's real economic growth is projected at 0.7 percent for both 2026 and 2027, India's economy is expected to expand by 7 percent on a fiscal year basis in both years.

Nippon.com News states that the primary reason for the decline in Japan's GDP in dollar terms is the depreciation of the yen, though the impact of slowing economic growth cannot be ignored. The Mainichi adds that these projections come amid the yen's continued weakness against the U.S. dollar and sluggish Japanese economic growth.

Brief written by urgent.news from Nippon.com News, Japan Today, The Mainichi — 3 reports on this story. Machine-written — may contain errors; check the original before relying on it.