India topping Japan economy no reason to be smug, per capita GDP still lower: WEF ex-MD Claude Smadja
India is set to overtake Japan to become the world’s fourth-largest economy, but must not become complacent, as the country remains far behind Japan in GDP per capita terms, WEF’s former MD Claude Smadja said. According to IMF data dated April 2025, India’s GDP per capita of $2,878.4 is approximately 8.5 per cent of Japan’s … Read more