Discussion Paper

India and the Global Economy

Abstract: With a population of 1.4 billion, India is the world's most populous country. It is also now the world's fastest growing economy and is currently the 5th largest economy measured at current exchange rates, poised to overtake Japan and Germany in coming years (Figure 1). Yet its share in the world economy is nowhere near its 20 percent share of the world's population.

https://doi.org/10.17016/2380-7172.4033

Bibliographic Information

Provider: Board of Governors of the Federal Reserve System (U.S.)

Part of Series: FEDS Notes

Publication Date: 2026-04-08

Number: 2026-04-08-1