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Start learning 50% faster. Sign in nowAccording to the information provided by the Ministry of Finance, India’s gross domestic product (GDP) reached the $3.75 trillion-mark in 2023, from around $2 trillion in 2014.India has moved from tenth to the fifth-largest economy in the worldFour countries ahead of India in terms of GDP at current prices include China, United States, Germany, and Japan. India has surpassed the United Kingdom, France, Canada, Russia, and Australia in GDP numbers.The provisional estimates released by the National Statistical Office (NSO) recently showed the overall economic growth in FY23 at 7.2 per cent, powered by a higher than expected growth in the fourth quarter.
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