Japan's nominal GDP set to fall to sixth place as India and the UK overtake it, yen depreciation a factor

The IMF's latest outlook indicates that Japan's nominal GDP is expected to be overtaken by India and the UK in 2027, causing Japan to fall to sixth place globally. The impact of the weaker yen is also cited as a contributing factor.

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The story

According to the IMF's World Economic Outlook, Japan's nominal GDP is expected to be overtaken by India and the UK in 2027, causing Japan to fall to sixth place globally. The outlook indicates that Japan's economy will become relatively smaller in scale.

The impact of the weaker yen has been cited, and exchange-rate movements may affect comparisons of GDP on a nominal basis.

At a glance

TimingOutlook for 2027

ScaleSet to fall to sixth place globally

PartnersIndia and the UK expected to overtake Japan

FactorsIMF outlook cites impact of weaker yen

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