The Centre for Economics and Business Research (CEBR) has said that Brazil has surpassed the UK as the World's 6th largest economy. The Brazilian GDP for 2011 is estimated to be $2.52 trillion.
The CEBR is projecting that Russia will become the World's 4th largest economy and India the World's 5th largest economy by 2020. It projects that European countries will continue to decline in World economic rankings.
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