New Delhi | Jagran Business Desk: The UK and France have toppled India from the fifth position in the 2018 global GDP rankings, pushing it to the seventh spot, according to the data compiled by the World Bank.
The US remains the top economy with a GDP of $20.5 trillion in 2018. China was the second largest economy with $13.6 trillion, while Japan stood at the third spot with $5 trillion. India’s GDP was at $2.7 trillion in 2018, while UK and France were at $2.8 trillion.
Earlier, the WB data had shown that India had become the sixth largest economy in 2017, pushing France to the seventh place. However, the latest data revealed that India had in fact become the fifth-largest economy that year, ahead of even the UK.
In 2017, India’s economic size stood at $2.65 trillion, followed by the UK at $2.64 trillion and France at $2.59 trillion.