According to gross domestic product (GDP) figures from the International Monetary Fund (IMF), the former British colony recorded an advance in the first quarter.
If calculated in dollars, the Indian economy in March reached US$854.7 billion. During the same period, the UK recorded US$816 billion.
Calculations are made using the IMF database and historical exchange rates of Bloomberg.
India’s economy is expected to grow by more than 7% this year. Meanwhile, UK GDP rose just 1% in cash in the second quarter and, after adjusting for inflation, fell 0.1%.
The pound has also underperformed against the dollar against the Indian rupee, with the pound falling 8% against the Indian currency this year.
IMF forecasts suggest India will overtake Britain in annual economic records. Thus, India’s position will be behind the United States, China, Japan and Germany.
Ten years ago, India was ranked 11th among the largest economies, while the UK was fifth.
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