India becomes 5th largest economy World Population Review report

India becomes 5th largest economy: World Population Review report

India becomes 5th largest economy: World Population Review report

  • As per a report by a US-based think tank World Population Review, India’s economy is the fifth-largest in the world with a GDP of $2.94 trillion, overtaking the UK and France in 2019 to take the fifth spot.

  • The size of the UK economy is $2.83 trillion and that of France is $2.71 trillion.

  • The report further said that in purchasing power parity (PPP) terms, India’s GDP (PPP) is $10.51 trillion, exceeding that of Japan and Germany. Due to India’s high population, India’s GDP per capita is $2,170 (for comparison, the US is $62,794).

Points to remember:

  1. India’s rank in economy as per US-based think tank World Population Review?- 5th
  2. India’s total GDP as per US-based think tank World Population Review?- $2.94 trillion

Source: Financial Express

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