As per International Monetary Fund (IMF) 2019 estimates, the GDP (nominal) of India is USD 2,935,570 million. This GDP (nominal) is around 3.36% of Entire World’s GDP. Currently (2019), the world rank of India is 5 in terms of GDP Nominal.
However, as per 2018 estimates by World Bank, the GDP (Nominal) of India is USD 2,726,323 million. As per World Bank Estimates, the global rank of India is 7.
On the other hand, as per 2019 estimates by International Monetary Fund, the GDP (PPP) of India is USD 11,325,669 Million. This is 7.98% of World. India on this basis has a global rank of 3.