Indian Economy Slips To Seventh Place In Global GDP Rankings Of 2018

Indian economy slipped to the seventh place in the global GDP rankings of 2018, according to the latest data compiled by the World Bank. Indian economy, with a Gross Domestic Product (GDP) of $2.7 trillion in 2018, trailed behind the UK and France which were at $2.8 trillion. As per the data compiled by the World Bank, in 2017, India was the fifth-largest economy. The bank noted that in 2018, the US continued to top the global list with a GDP of $20.5 trillion, while China was second at $13.6 trillion and while Japan third with $5 trillion.

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