Projected GDP Ranking

Source International Monetary Fund World Economic Outlook (October - 2025)
Date24 Oct 2025

As of 2025, the United States and China will occupy the first two places in both methods' GDP rankings. The US and China's margins are coming down in nominal rankings as China's GDP growth rate in 2025 (4.80%) is higher than the US's 2.02%. On a nominal basis, the US will be ahead of China by $11.2 trillion in 2025. On a PPP basis, China is ahead of the US by Int. $10.4 trillion, and the gap is increasing. China will remain the world's largest economy on a PPP basis over the next few decades, as the second-ranked US is growing slowly and third-ranked India is way behind.

Germany overtook Japan in 2023 to claim the third spot. India is projected to surpass Japan to become the 4th largest economy globally in 2026.

In the PPP list, the rankings of the top three economies will remain unchanged, as the margins between these three are much wider.

In the nominal GDP list, Russia will enter the top 10 list, overtaking Canada and Brazil. Another change in the top 20 would be Spain overtaking Australia, South Korea, and Mexico. Türkiye, the Netherlands, and Poland will overtake Indonesia, Saudi Arabia, and Switzerland, respectively. Among the top 50, the economic ranks of Spain would move up by three positions, and Russia, Israel, Romania, Pakistan, and the Czech Republic by two spots. In contrast, Iran would lose five places, followed by Egypt by three spots.

In the PPP ranking, there would be only one change in the top 10 list, as Indonesia would overtake Brazil. Among the top 50, Kazakhstan will move up by two spots.

On the list of the top 50, Ireland is the fastest-growing economy with 9.11%, followed by India (6.65%) and Vietnam (6.46%). Germany has the lowest growth rate in 2025.

The United States (1,8) is present in both lists of the top ten GDP and GDP per capita rankings in nominal terms. Germany (3,19), Australia (15,13), and the Netherlands (18,11) are in the top twenty lists of GDP and GDP per capita. In PPP, the United States (2,11) is present in the top 20.

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GDP (Nominal) Ranking

Code Country/Economy GDP (Nominal) (billions of $) Growth (%) GDP per capita (Nominal) ($) Continent
2024Rank2025RankSharediff 20252025Rank
USAUnited States29,298.03130,615.74126.1-2.0289,5998North America
CHNChina, People's Republic of18,749.76219,398.58216.611,2174.8013,80678Asia
DEUGermany4,684.1835,013.5734.2814,3850.1959,92519Europe
JPNJapan4,019.3844,279.8343.657341.0834,71340Asia
INDIndia3,909.8954,125.2153.521556.652,818146Asia
GBRUnited Kingdom3,644.6463,958.7863.381661.3156,66121Europe
FRAFrance3,160.9073,361.5672.875970.6748,98228Europe
ITAItaly2,372.0682,543.6882.178180.5543,16129Europe
RUSRussian Federation2,173.23112,540.6692.173.020.6117,44668Europe
CANCanada2,243.6492,283.60101.952571.1554,93523North America
BRABrazil2,179.41102,256.91111.9326.72.4010,57885South America
ESPSpain1,725.15151,891.37121.613662.9138,04034Europe
MEXMexico1,856.37131,862.74131.5928.60.9913,96776North America
KORKorea, Republic of1,875.39121,858.57141.594.170.9035,96237Asia
AUSAustralia1,795.49141,829.51151.5629.11.8165,94613Oceania
TURTürkiye, Republic of1,358.25171,565.47161.342643.4918,19866Europe
IDNIndonesia1,396.30161,443.26171.231224.865,074122Asia
NLDNetherlands, The1,214.56191,320.64181.131231.4373,17411Europe
SAUSaudi Arabia1,239.81181,268.54191.0852.14.0235,23138Asia
POLPoland, Republic of914.55211,039.62200.8872293.2428,48549Europe
CHESwitzerland938.15201,002.67210.85637.00.95111,0474Europe
TWNTaiwan Province of China797.0022884.39220.7551183.6737,82735Asia
BELBelgium664.3723716.98230.6121671.0760,41817Europe
IRLIreland608.9725708.77240.6058.219.11129,1323Europe
ARGArgentina637.2324683.37250.58325.44.4714,35974South America
SWESweden603.7226662.32260.56521.10.7562,03615Europe
ISRIsrael542.2929610.75270.52151.62.5060,00918Asia
SGPSingapore547.3928574.19280.49036.62.2394,4816Asia
AREUnited Arab Emirates552.3327569.10290.4865.094.7751,34824Asia
AUTAustria523.9631566.46300.4832.640.2761,69416Europe
THAThailand526.5230558.57310.4777.882.007,942100Asia
NORNorway483.5932517.10320.44141.51.1891,8847Europe
PHLPhilippines461.6233494.16330.42222.95.444,321131Asia
VNMVietnam459.4734484.73340.4149.436.464,745127Asia
BGDBangladesh450.4635475.01350.4059.713.762,734149Asia
MYSMalaysia422.2337470.57360.4024.444.5013,90177Asia
DNKDenmark424.5336459.61370.39211.01.8476,5819Europe
COLColombia418.8238438.12380.37421.52.528,24996South America
HKGHong Kong Special Administrative Region, People's Republic of China406.8640428.23390.3659.892.4456,84420Asia
ZAFSouth Africa401.0841426.38400.3641.851.156,667110Africa
ROURomania382.8543422.51410.3613.880.9622,43656Europe
PAKPakistan371.4144410.50420.35012.02.681,707162Asia
CZECzech Republic347.0345383.38430.32727.12.3035,16139Europe
IRNIran, Islamic Republic of416.6839356.51440.30426.90.654,074134Asia
EGYEgypt, Arab Republic of383.1142349.26450.2987.254.273,191139Africa
CHLChile330.2146347.17460.2962.092.5217,18169South America
PRTPortugal308.5847337.94470.2889.241.8731,41544Europe
PERPeru294.6849318.48480.27219.52.939,25692South America
FINFinland298.6148314.72490.2693.760.5156,08422Europe
KAZKazakhstan, Republic of291.4850300.05500.25614.75.8514,72372Asia
World 111,113 117,165 3.1614,554
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GDP (PPP) Ranking

Code Country/Economy GDP (PPP) (billions of Int. $) Growth (%) GDP per capita (PPP) (Int. $) Continent
2024Rank2025RankShare (%)diff 20252025Rank
CHNChina, People's Republic of38,209.55141,015.82119.6 %-4.8029,19179Asia
USAUnited States29,298.03230,615.74214.7 %10,4002.0289,59911North America
INDIndia16,215.93317,714.1938.48 %12,9026.6512,101127Asia
RUSRussian Federation6,931.3047,143.0943.42 %10,5710.6149,04949Europe
JPNJapan6,527.5456,758.2353.23 %3851.0854,81542Asia
DEUGermany5,996.2066,153.7462.94 %6040.1973,55323Europe
IDNIndonesia4,669.6685,015.7672.40 %1,1384.8617,634110Asia
BRABrazil4,741.5274,973.3982.38 %42.42.4023,31086South America
FRAFrance4,396.4794,533.6392.17 %4400.6766,06129Europe
GBRUnited Kingdom4,292.79104,454.72102.13 %78.91.3163,75933Europe
TURTürkiye, Republic of3,553.20123,766.77111.80 %6883.4943,78656Europe
ITAItaly3,612.23113,720.27121.78 %46.50.5563,12634Europe
MEXMexico3,322.45133,436.93131.64 %2830.9925,77082North America
KORKorea, Republic of3,254.39143,363.42141.61 %73.50.9065,08032Asia
ESPSpain2,683.33152,828.51151.35 %5352.9156,88838Europe
CANCanada2,627.86162,722.80161.30 %1061.1565,50030North America
SAUSaudi Arabia2,523.23172,688.52171.29 %34.34.0274,66822Asia
EGYEgypt, Arab Republic of2,229.75182,381.51181.14 %3074.2721,75992Africa
NGANigeria2,117.41192,254.17191.08 %1273.939,488135Africa
POLPoland, Republic of1,909.89202,019.78200.967 %2343.2455,34041Europe
TWNTaiwan Province of China1,874.15221,990.27210.952 %29.53.6785,12712Asia
AUSAustralia1,900.24211,981.67220.948 %8.601.8171,43126Oceania
IRNIran, Islamic Republic of1,822.45231,878.89230.899 %1030.6521,47393Asia
THAThailand1,774.27241,853.77240.887 %25.12.0026,35980Asia
VNMVietnam1,657.14261,807.05250.865 %46.76.4617,688109Asia
BGDBangladesh1,676.75251,782.11260.853 %24.93.7610,258132Asia
PAKPakistan1,589.18271,671.38270.800 %1112.686,950150Asia
NLDNetherlands, The1,459.74281,516.66280.726 %1551.4384,03515Europe
ARGArgentina1,392.61291,490.16290.713 %26.54.4731,31174South America
MYSMalaysia1,380.90301,478.14300.707 %12.04.5043,66557Asia
PHLPhilippines1,368.26311,477.71310.707 %0.435.4412,920122Asia
COLColombia1,132.65321,189.47320.569 %2882.5222,39690South America
ZAFSouth Africa990.74331,026.50330.491 %1631.1516,050113Africa
SGPSingapore911.0134953.94340.457 %72.62.23156,9692Asia
AREUnited Arab Emirates871.7036935.45350.448 %18.54.7784,40314Asia
ROURomania889.5035919.88360.440 %15.60.9648,84750Europe
KAZKazakhstan, Republic of841.6739912.59370.437 %7.295.8544,77854Asia
BELBelgium869.8537900.50380.431 %12.11.0775,88220Europe
CHESwitzerland852.7838881.79390.422 %18.70.9597,6598Europe
DZAAlgeria826.1040874.60400.419 %7.193.3618,509106Africa
IRLIreland726.2142811.67410.388 %62.99.11147,8784Europe
SWESweden755.9241780.12420.373 %31.60.7573,07024Europe
CHLChile679.0344713.03430.341 %67.12.5235,28666South America
IRQIraq680.8743700.59440.335 %12.40.4515,391114Asia
AUTAustria669.1545687.27450.329 %13.30.2774,85221Europe
UKRUkraine657.4846686.94460.329 %0.332.0020,90496Europe
PERPeru619.4348653.09470.313 %33.92.9318,980104South America
CZECzech Republic622.8047652.61480.312 %0.482.3059,85335Europe
NORNorway579.3549600.45490.287 %52.21.18106,6947Europe
HKGHong Kong Special Administrative Region, People's Republic of China566.6050594.53500.285 %5.922.4478,91918Asia
World 197,912 208,956 3.1625,955