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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