G20 economy, but its clout is certainly growing. India will account for nearly 5% of G20 GDP in 2027, as it becomes the third largest and a $5-trillion economy.
Its share had doubled to 3.9% in 2022 from the inception of G20 in 1999. The share in G20 trade is also expected to rise and the country will account for over a third of the G20 working population aged 15-49.