India's Ascension as the Fourth Largest Economy

China has recently surpassed Japan as the second largest economy of the world. Also, India, with its burgeoning middle class and a proven record of being low-cost innovation hub, leaped forward to the fourth position. However, the U.S.A., hit hard by the Great Recession (2007-2009), still remains the strongest economy.The recent International Monetary Fund and the U.S. Chamber of Commerce statistics show the following GDP numbers adjusted for purchasing power as of 2009:

U.S.-------------------------------------------$14.2 Trillion

China------------------------------------------$8.7 Trillion

Japan------------------------------------------$4.1 Trillion

India-------------------------------------------$3.5 Triliion

Germany---------------------------------------$2.8 Trillion

Source: IMF, The US Chamber of Commerce and The Dallas Morning News