India is now 10th largest economy

India is now amongst the top ten economies in the world.According to the World Bank gross domestic product rankings for the year 2004, India stands the tenth largest economy in the world with a GDP of $691.876 billion.The table below gives the rankings for the top 20 economies in the world.The rest of the rankings can be had at the World Bank Web site for the GDP figures:
http://www.worldbank.org/data/quickreference/quickref.html

Total GDP 2004

Rank

Country

($ billion)

1

United States

11,667.515

2

Japan

4,623.398

3

Germany

2,714.418

4

United Kingdom

2,140.898

5

France

2,002.582

6

Italy

1,672.302

7

China

1,649.329

8

Spain

991.442

9

Canada

979.764

10

India

691.876

11

South Korea

679.674

12

Mexico

676.497

13

Australia

631.256

14

Brazil

604.855

15

Russia

582.395

16

Netherlands

577.260

17

Switzerland

359.465

18

Belgium

349.830

19

Sweden

346.404

20

Turkey

301.950

Source: World Bank, July 2005

Taiwan is not included in the World Bank statistics. Rankings include only those economies with confirmed GDP estimates.

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