India Will Surpass Japan And Germany As The World’s Third Largest Economy

U.S. Vice President Kamala Harris hosts a roundtable discussion with Japanese business executives from companies in the semiconductor industry, at the Chief Mission Residence in Tokyo Wednesday, Sept. 28, 2022. (Leah Millis/Pool Photo via AP)

At a glance

  • India is also slated to eclipse longtime geopolitical rival China as the world’s most populous country next year.
  • The former nation presently maintains a fertility rate of 2.2 children per woman, while the latter has a fertility rate of 1.7 children per woman, according to data from the Organization for Economic Cooperation and Development.
  • India currently boasts a trade surplus with the United States and a trade deficit with China, the latter of which is viewed as a vulnerability among Indian officials.

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