World Bank: Top 10 economies in 2017

World Bank released countries' 2017 worldwide gross domestic product rankings in early July. On this year's list, China remains the world's second-largest economy in terms of GDP with $12.24 trillion, compared with $19.39 trillion for the US. The gap of GDP between China and the US has narrowed, however. It previously stood at $11.20 trillion and $18.57 trillion respectively in 2016.

India replaced France as the world's sixth-largest economy, with a GDP amounting to $2.60 trillion, while France's figure was $2.58 trillion in 2017.

In the World Bank's ranking, the largest economy is the United States, followed by China, Japan, Germany and the United Kingdom.

Let's take a look at the top 10 economies based on updated figures from World Bank in 2017.

• No 1 United States GDP: $19.39 trillion
• No 2 China GDP: $12.24 trillion  
• No 3 Japan GDP: $4.87 trillion  
• No 4 Germany GDP: $3.68 trillion  
• No 5 United Kingdom GDP: $2.62 trillion  
• No 6 India GDP: $2.60 trillion  
• No 7 France GDP: $2.58 trillion 
• No 8 Brazil GDP: $2.06 trillion 
• No 9 Italy GDP: $1.93 trillion 
• No 10 Canada -GDP: $1.65 trillion

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