Indian economy ranking:
Fastest growing economy?
By Srikanto Mandal 11 December, 2022
Do you know the current ranking of Indian economy in terms of GDP?
India beat UK in GDP, yes we beat the country that ruled us for 200 years.
No doubt this is a big achievement for India, but we still need to increase our GDP growth rate so that we can overtake Germany.
According to the recently published report GDP Growth by the country 2022, India's GDP is the fifth largest GDP in the world.
Earlier India was at 6th position but in recent times we have moved up one position overtaking UK.
In terms of GDP, the United States ranks first in the ranking list.
United States followed by China, Japan and Germany
Morgan Stanley, an American multinational financial services firm, has said that India's economy will become the third largest economy by 2027.