Size of British Economy - are we really 4th or 5th largest in World ?

It always seemed a bit unlikely to me that we could be competing with such large countries as China and US when it comes to the size of our economy in Britain.

And yes it seems I am sort of right - if you look at the chart on this reference then you will see that China and US are WAY ahead - then India - and then the rest of us sort of competing closer -
http://www.telegraph.co.uk/finance/economics/12068319/Booming-Britain-to-become-worlds-fourth-largest-economy-as-France-and-Italy-face-G8-exclusion.html

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