Japan drops to fifth-largest economy, falls behind India and Germany in two years

According to the International Monetary Fund, Japan will drop to the world’s fifth-largest economy in 2026, falling behind India and marking another decline in the Asian nation’s economic standing. The anticipated shift comes as Tokyo grapples with a shrinking population and puts added pressure on Prime Minister Sanae Takaichi to deliver results from her upcoming growth plan, scheduled for release this summer. Economic experts say the country needs to boost productivity and focus on sectors with strong growth prospects. Recent government figures showed Japan’s economy contracted during the three months from July through September, the first such decline in six quarters. The downturn came partly from reduced exports as President Donald Trump implemented higher tariffs on Japanese goods. Looking ahead to 2026, economists predict the Japanese economy will get back on track with modest growth once uncertainty around US trade policies settles following a bilateral agreement between the two nations....

https://www.cryptopolitan.com/japan-economic-crisis-imf-confirms-drop/