India, Britain to pass Japan 2027 GDP rankings, IMF says

WASHINGTON/BANGKOK – Japan’s nominal gross domestic product will be overtaken by India’s and Britain’s in 2027, thereby slipping to sixth place, according to projections by the International Monetary Fund. The latest estimates were announced Monday. In the IMF’s April report, Britain’s GDP was expected to surpass Japan’s in 2029, but now it is likely to [...]