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11th CEBR’s report
January 3 , 2020
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- UK based Centre for Economics and Business Research (CEBR) released its 11th annual report titled ‘World Economic League Table 2020′ (WELT 2020).
- According to the report, India is expected to overtake Germany as the fourth-largest economy in the world by 2026.
- It also estimated that India will overtake Japan as the third-largest economy by 2034.
- The report estimated that India, Japan and Germany will battle for the 3rd position in the next 15 years.
- USA will remain as the world’s largest economy throughout 2020s and may be overtaken by China in 2033.
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