Miscellaneous News
- Thread starter bd popeye
- Start date
India’s GDP Revisions Mean It Will Take Longer to Overtake Japan
Major revisions to India’s gross domestic product data Friday showed it will take longer than expected to surpass Japan as the world’s fourth-largest economy.
The government published GDP using a new base year, estimating the size of the economy at 345.47 trillion rupees, in nominal terms, in the fiscal year ending in March. That was lower than 357.14 trillion rupees forecast under the previous data series.
Using an average exchange rate for the period, GDP is estimated at about $4 trillion for the fiscal year. Japan’s GDP reached $4.4 trillion in 2025.
“Based on the nominal GDP size under the new series, which is lower than expected and also lower than the last series, it is unlikely that India’s economic size will surpass Japan this year, or possibly even next year,” said Sakshi Gupta, an economist at HDFC Bank Ltd.
Prime Minister Narendra Modi and several senior government officials have already referred to India as the world’s fourth-largest economy. The International Monetary Fund had previously forecast that India would reach that milestone in the current fiscal year.
That’s now unlikely, partly because India’s currency depreciated nearly 5% against the dollar last year — reducing the value of GDP in dollar terms — while the yen strengthened.
Even so, the trajectory is clear, given India’s economy is expanding more than 7% and its mostly young population of 1.4 billion is growing. Japan’s economy, meanwhile is to grow 1% in the current fiscal year, and its population is .
Surpassing Japan would be more of a reflection of scale than prosperity for India. Per capita income in the country remains just above $3,000, a fraction of Japan’s $36,390, according to IMF estimates for 2026.
Whoops. Look like the jai hinds are gonna have to push back the supapowa date again!
I don't really believe in nominal anyway but since they wouldn't shut up about it, I expect them to take this on the chin too.
supercat
Colonel
This may be an indication that the US-Israel air strikes are not going as well as planned.
What Mao said here matches Iran's recent experience exactly.
What Mao said here matches Iran's recent experience exactly.
I’m probably gonna be unemployed soon. But if a few of those shit head tech bros who has been terrorizing the workforce with layoffs decides to take free diving lessons off the Golden Gate Bridge then I won’t feel too bad.
unemployment might be least of issues...
also qwen3.5 9b can run on any commodity gpu, native vision.... this itself will cause lot of white collar jobs to go bye bye
They have to blame the Trump administration for that. Ever since Mango took over again in 25 the valuation of BS has declined exponentially due to overcapacity from the Oval Office.
These people seems to have this weird idea that only they can do shitty things to other people and other people can't do it back to them.
Yeah, exactly, that is what I believed in.
We must ask the most basic question, with the current weaponry, is anything survivable inside the first island chain?
The answer is clearly no.
Then, after that, people will make their own calculations.