India Will Surpass Japan And Germany As The World’s Third Largest Economy

India is projected to surpass Japan and Germany as the world’s third-largest economy in the next decade, according to a forecast from ratings agency S&P Global.

The real gross domestic product of India will average 6.3% yearly growth between fiscal years 2021 and 2030, enabling the country to surpass Japan and Germany in nominal terms. Real GDP per capita will grow at a 5.3% rate as the population of India continues to expand.