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According to the latest statistics released by the World Bank in 2024, among the European countries in 1998, Germany ranked first in terms of gross domestic product(GDP), with a total economic volume of $2238.99 billion; United Kingdom ranked second in terms of GDP, with a total economic volume of $1653.39 billion; France ranked third in terms of GDP, with a total economic volume of $1503.11 billion; Italy ranked fourth in terms of GDP, with a total economy of $1270.05 billion; and Spain, with a total economy of $619.22 billion, ranked fifth in GDP.