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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