Germany has slipped one notch to sixth place in the World Bank’s latest ranking of economies measured by gross domestic product at purchasing-power parity, ceding fifth position to Japan. The July update, which covers 2024 data collected under the International Comparison Program, puts Germany’s PPP-adjusted output at roughly $6.04 trillion, behind Japan’s $6.41 trillion. Russia held on to fourth place with an estimated $6.92 trillion in PPP GDP, widening its lead over both Germany and Japan despite sanctions and high inflation. The top three spots remained unchanged, with China at $38.19 trillion, the United States at $29.18 trillion and India at $16.19 trillion. Economists note that Germany’s lower standing reflects the drag from weak real growth, persistent inflation and euro-dollar exchange-rate shifts, which together eroded its relative purchasing power. While the ranking signals competitive pressure on Europe’s largest economy, analysts caution that PPP comparisons do not fully capture living standards or wealth distribution.