{"id":86182,"date":"2019-08-02T18:22:46","date_gmt":"2019-08-02T12:52:46","guid":{"rendered":"http:\/\/factly.forumias.com\/?p=8750"},"modified":"2019-08-02T18:22:46","modified_gmt":"2019-08-02T12:52:46","slug":"india-slips-to-7th-largest-economy-in-2018-wb","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/india-slips-to-7th-largest-economy-in-2018-wb\/","title":{"rendered":"India slips to 7th largest economy in 2018: WB"},"content":{"rendered":"\n<ol class=\"wp-block-list\"><li>According to World Bank data, India has slipped\nto the 7th position in the global GDP rankings in 2018. As per earlier data,\nIndia was on the 6th position in 2017. India in 2018 had a GDP of $2.5\ntrillion.<\/li><li>US was the largest economy with a GDP of $20.5\ntrillion in 2018, followed by China, Japan and Germany. UK and France have\nsecured rank 5<sup>th<\/sup> and 6<sup>th<\/sup> respectively. <\/li><li>According to experts, the movement of the Indian\nrupee against the dollar was the reason for India slipping to 7<sup>th<\/sup>\nposition.<\/li><li>Recently, CRISIL has cut India&#8217;s GDP growth forecast\nto 6.9% for the financial year 2019-20.<\/li><li>United Nations (UN) in its World Economic\nSituation and Prospects (WESP) report has also lowered India\u2019s GDP growth in\n2019-20 to 7.1% from its estimate of 7.5%.<\/li><\/ol>\n","protected":false},"excerpt":{"rendered":"<p>According to World Bank data, India has slipped to the 7th position in the global GDP rankings in 2018. As per earlier data, India was on the 6th position in 2017. India in 2018 had a GDP of $2.5 trillion. US was the largest economy with a GDP of $20.5 trillion in 2018, followed by&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/india-slips-to-7th-largest-economy-in-2018-wb\/\">Continue reading <span class=\"screen-reader-text\">India slips to 7th largest economy in 2018: WB<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3127],"tags":[3746],"class_list":["post-86182","post","type-post","status-publish","format-standard","hentry","category-economy","tag-global-gdp-rankings","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1703007037},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/86182","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=86182"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/86182\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=86182"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=86182"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=86182"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}