IMF Report 2025: USA Retains as Largest economies in the world; India at 4th

Current Context: The IMF World Economic Outlook (April 2025), released on April 30, 2025, analyzes global economic trends, growth projections, and financial stability.

• It highlights how major economies are performing, with the United States retaining the top position at $30.34 trillion GDP, followed by China ($19.53 trillion), Germany ($4.92 trillion), and India ($4.39 trillion) at fourth place.

Key Insights from the Report:

• India's Growth: India maintains its position as the fastest-growing major economy, driven by strong domestic demand, digital expansion, and manufacturing growth.
• Global Challenges: The report outlines concerns like trade tensions, policy uncertainties, and tighter financial conditions, affecting overall growth forecasts.
• Emerging Markets & Funding Risks: Developing economies face higher real financing costs, making debt refinancing and fiscal management more difficult.
• Financial Market Volatility: Risks from leveraged financial institutions and sovereign debt sustainability have increased globally.

Question:

Q.1 What is India's global GDP ranking as per the IMF’s April 2025 World Economic Outlook report?
a) 2nd
b) 3rd
c) 4th
d) 5th

Answer: c) India ranked 4th globally with a GDP of $4.39 trillion, behind the US, China, and Germany.