Japan's projected slide in the global rankings
Japan's nominal gross domestic product is expected to fall to sixth place in the world in 2027, overtaken by both India and Britain, based on the International Monetary Fund's newest World Economic Outlook. The projection places Japan two rungs below its 2025 position, when it stood fourth behind the United States, China and Germany.[S1][S2][S3]
According to the IMF figures cited in the report, Japan's nominal GDP would come to 4,341.9 billion dollars in 2026 and rise to 4,467.6 billion dollars in 2027. India, meanwhile, is projected to reach 4,521.1 billion dollars in 2027, a level that would make it the fourth-largest economy globally.[S1]
Why the dollar figure is shrinking
The report attributes the decline in Japan's GDP measured in dollars chiefly to the depreciation of the yen. It also notes that the effect of the country's slowing economic growth should not be overlooked, meaning the projected drop stems from more than exchange-rate movement alone.[S1]
