Projected GDP Ranking

Source	International Monetary Fund World Economic Outlook (April - 2025)
Date	05 Jun 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 (3.95%) is higher than the US's 1.83%. On a nominal basis, the US will be ahead of China by $11.3 trillion in 2025. On a PPP basis, China is ahead of the US by Int. $10.2 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 and now in 2025, India is projected to surpass Japan to become the 4th largest economy globally by a thin margin of $590 million.

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, there would be one change in the top 10 list with India overtaking Japan. Another change in the top 20 would be Spain overtaking Australia, South Korea and Mexico. Australia, Türkiye and Poland will overtake Mexico, Indonesia and Switzerland, respectively. Among the top 50, the economic ranks of Spain would move up by three positions and Pakistan and Czech Republic by two spots. In contrast, Iran would lose six places, followed by Mexico by one spot.

In the PPP ranking, there would be only one change in the top 10 list as Indonesia would overtake Brazil. Among the top 50, the United Arab Emirates and Vietnam will move up by two spots. In contrast, Belgium, Switzerland and Iran would lose two places.

On the list of the top 50, India is the fastest-growing economy with 6.20%, followed by the Argentina (5.50%) and Philippines (5.48%). Mexico, Austria and Germany have a negative growth rate in 2025.

The United States (1,7) is present in both lists of the top ten GDP and GDP per capita rankings in nominal terms. Germany (3,19), United Kingdom (6,20), Australia (14,12), and the Netherlands (18,11) are in the top twenty lists of GDP and GDP per capita. In PPP, the United States (2,10) is present in the top ten.

GDP (Nominal) Ranking

Code	Country/Economy	GDP (Nominal) (billions of $)						Growth (%)	GDP per capita (Nominal) ($)		Continent
Code	Country/Economy	2024	Rank	2025	Rank	Share	diff	2025	2025	Rank	Continent
PAK	Pakistan	373.08	44	399.10	42	0.351	4.29	2.65	1,659	161	Asia
USA	United States	29,184.90	1	30,507.22	1	26.8	-	1.83	89,105	7	North America
CHN	China	18,748.01	2	19,231.71	2	16.9	11,276	3.95	13,687	73	Asia
DEU	Germany	4,658.53	3	4,744.80	3	4.17	14,487	-0.05	55,911	19	Europe
IND	India	3,909.10	5	4,187.02	4	3.68	558	6.20	2,878	142	Asia
JPN	Japan	4,026.21	4	4,186.43	5	3.68	0.59	0.55	33,956	38	Asia
GBR	United Kingdom	3,644.64	6	3,839.18	6	3.37	347	1.08	54,949	20	Europe
FRA	France	3,162.02	7	3,211.29	7	2.82	628	0.64	46,792	24	Europe
ITA	Italy	2,372.06	8	2,422.86	8	2.13	788	0.44	41,091	29	Europe
CAN	Canada	2,241.25	9	2,225.34	9	1.96	198	1.38	53,558	22	North America
BRA	Brazil	2,171.34	10	2,125.96	10	1.87	99.4	2.01	9,964	84	South America
RUS	Russia	2,161.21	11	2,076.40	11	1.82	49.6	1.46	14,258	71	Europe
ESP	Spain	1,722.23	15	1,799.51	12	1.58	277	2.50	36,192	33	Europe
KOR	Korea	1,869.71	12	1,790.32	13	1.57	9.19	1.03	34,642	36	Asia
AUS	Australia	1,796.81	14	1,771.68	14	1.56	18.6	1.63	64,547	12	Oceania
MEX	Mexico	1,852.72	13	1,692.64	15	1.49	79.0	-0.26	12,692	78	North America
TUR	Türkiye	1,322.41	17	1,437.41	16	1.26	255	2.71	16,709	67	Europe
IDN	Indonesia	1,396.30	16	1,429.74	17	1.26	7.66	4.65	5,027	121	Asia
NLD	Netherlands	1,227.17	18	1,272.01	18	1.12	158	1.41	70,480	11	Europe
SAU	Saudi Arabia	1,085.36	19	1,083.75	19	0.952	188	2.99	30,099	43	Asia
POL	Poland	908.58	21	979.96	20	0.861	104	3.24	26,805	48	Europe
CHE	Switzerland	936.74	20	947.13	21	0.832	32.8	0.88	104,896	3	Europe
TWN	Taiwan Province of China	782.44	22	804.89	22	0.707	142	2.85	34,426	37	Asia
BEL	Belgium	664.97	23	684.86	23	0.602	120	0.84	57,772	16	Europe
ARG	Argentina	632.15	24	683.53	24	0.601	1.33	5.50	14,362	70	South America
SWE	Sweden	610.12	25	620.30	25	0.545	63.2	1.86	58,100	15	Europe
IRL	Ireland	577.22	26	598.84	26	0.526	21.5	2.26	108,919	2	Europe
ISR	Israel	540.38	28	583.36	27	0.513	15.5	3.25	57,760	17	Asia
SGP	Singapore	547.39	27	564.77	28	0.496	18.6	2.01	92,932	4	Asia
ARE	United Arab Emirates	537.08	29	548.60	29	0.482	16.2	3.99	49,498	23	Asia
THA	Thailand	526.41	30	546.22	30	0.480	2.37	1.80	7,767	98	Asia
AUT	Austria	521.27	31	534.30	31	0.470	11.9	-0.26	58,192	14	Europe
NOR	Norway	483.73	32	504.28	32	0.443	30.0	2.14	89,694	6	Europe
PHL	Philippines	461.62	33	497.50	33	0.437	6.78	5.48	4,350	130	Asia
VNM	Vietnam	459.47	34	490.97	34	0.431	6.52	5.15	4,806	123	Asia
BGD	Bangladesh	451.10	35	467.22	35	0.411	23.8	3.76	2,689	146	Asia
DNK	Denmark	429.46	36	449.94	36	0.395	17.3	2.90	74,969	9	Europe
MYS	Malaysia	419.62	37	444.98	37	0.391	4.96	4.10	13,145	76	Asia
COL	Colombia	418.54	38	427.77	38	0.376	17.2	2.42	8,054	95	South America
HKG	Hong Kong SAR	407.11	39	424.00	39	0.373	3.77	1.52	56,031	18	Asia
ZAF	South Africa	400.19	41	410.34	40	0.361	13.7	0.98	6,397	111	Africa
ROU	Romania	384.15	42	403.40	41	0.354	6.94	1.60	21,421	58	Europe
CZE	Czech Republic	344.93	45	360.24	43	0.317	38.9	1.62	33,039	39	Europe
EGY	Egypt	383.11	43	347.34	44	0.305	12.9	3.76	3,174	139	Africa
CHL	Chile	330.21	46	343.82	45	0.302	3.52	2.03	17,015	66	South America
IRN	Islamic Republic of Iran	401.36	40	341.01	46	0.300	2.81	0.31	3,897	134	Asia
PRT	Portugal	308.59	47	321.44	47	0.282	19.6	1.96	30,002	44	Europe
FIN	Finland	298.83	48	303.95	48	0.267	17.5	0.96	54,163	21	Europe
PER	Peru	289.07	49	303.29	49	0.267	0.65	2.84	8,814	90	South America
KAZ	Kazakhstan	284.81	50	300.54	50	0.264	2.76	4.88	14,768	68	Asia
	World	110,549		113,796				2.79	14,160

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GDP (PPP) Ranking

Code	Country/Economy	GDP (PPP) (billions of Int. $)						Growth (%)	GDP per capita (PPP) (Int. $)		Continent
Code	Country/Economy	2024	Rank	2025	Rank	Share (%)	diff	2025	2025	Rank	Continent
CHN	China	38,154.22	1	40,716.45	1	19.7 %	-	3.95	28,978	77	Asia
USA	United States	29,184.90	2	30,507.22	2	14.7 %	10,209	1.83	89,105	10	North America
IND	India	16,187.18	3	17,647.05	3	8.53 %	12,860	6.20	12,132	125	Asia
RUS	Russia	6,905.07	4	7,191.72	4	3.48 %	10,455	1.46	49,383	48	Europe
JPN	Japan	6,530.59	5	6,741.19	5	3.26 %	451	0.55	54,677	41	Asia
DEU	Germany	6,004.55	6	6,161.00	6	2.98 %	580	-0.05	72,599	22	Europe
IDN	Indonesia	4,662.89	8	5,009.48	7	2.42 %	1,152	4.65	17,612	108	Asia
BRA	Brazil	4,734.65	7	4,958.12	8	2.40 %	51.4	2.01	23,238	87	South America
FRA	France	4,359.30	9	4,503.78	9	2.18 %	454	0.64	65,626	28	Europe
GBR	United Kingdom	4,286.57	10	4,447.84	10	2.15 %	55.9	1.08	63,661	31	Europe
ITA	Italy	3,607.00	11	3,719.11	11	1.80 %	729	0.44	63,076	32	Europe
TUR	Türkiye	3,463.65	12	3,651.87	12	1.77 %	67.2	2.71	42,451	57	Europe
MEX	Mexico	3,316.68	13	3,395.92	13	1.64 %	256	-0.26	25,463	82	North America
KOR	Korea	3,244.64	14	3,365.05	14	1.63 %	30.9	1.03	65,112	29	Asia
ESP	Spain	2,672.35	15	2,811.95	15	1.36 %	553	2.50	56,555	37	Europe
CAN	Canada	2,623.36	16	2,730.11	16	1.32 %	81.8	1.38	65,707	27	North America
EGY	Egypt	2,226.52	17	2,371.53	17	1.15 %	359	3.76	21,668	92	Africa
SAU	Saudi Arabia	2,108.88	18	2,229.61	18	1.08 %	142	2.99	61,923	33	Asia
POL	Poland	1,903.68	19	2,017.51	19	0.975 %	212	3.24	55,186	40	Europe
AUS	Australia	1,897.77	20	1,980.02	20	0.957 %	37.5	1.63	72,138	23	Oceania
TWN	Taiwan Province of China	1,861.84	21	1,965.84	21	0.950 %	14.2	2.85	84,082	13	Asia
THA	Thailand	1,771.47	22	1,851.26	22	0.895 %	115	1.80	26,323	80	Asia
VNM	Vietnam	1,654.74	25	1,786.20	23	0.863 %	65.1	5.15	17,484	109	Asia
BGD	Bangladesh	1,674.32	24	1,783.42	24	0.862 %	2.78	3.76	10,265	131	Asia
IRN	Islamic Republic of Iran	1,695.84	23	1,746.27	25	0.844 %	37.2	0.31	19,957	98	Asia
PAK	Pakistan	1,586.58	26	1,671.87	26	0.808 %	74.4	2.65	6,951	148	Asia
NGA	Nigeria	1,498.41	27	1,584.96	27	0.766 %	86.9	3.04	6,792	149	Africa
NLD	Netherlands	1,466.03	28	1,526.24	28	0.738 %	58.7	1.41	84,566	12	Europe
ARG	Argentina	1,378.91	29	1,493.42	29	0.722 %	32.8	5.50	31,379	73	South America
PHL	Philippines	1,366.28	31	1,479.38	30	0.715 %	14.0	5.48	12,935	120	Asia
MYS	Malaysia	1,377.11	30	1,471.66	31	0.711 %	7.73	4.10	43,473	56	Asia
COL	Colombia	1,132.63	32	1,190.80	32	0.576 %	281	2.42	22,421	90	South America
ZAF	South Africa	989.39	33	1,025.62	33	0.496 %	165	0.98	15,989	112	Africa
SGP	Singapore	909.69	34	952.64	34	0.460 %	73.0	2.01	156,755	1	Asia
ROU	Romania	888.59	35	926.76	35	0.448 %	25.9	1.60	49,213	49	Europe
ARE	United Arab Emirates	847.96	38	905.23	36	0.438 %	21.5	3.99	81,676	15	Asia
KAZ	Kazakhstan	840.09	39	904.50	37	0.437 %	0.73	4.88	44,446	54	Asia
BEL	Belgium	868.56	36	899.11	38	0.435 %	5.38	0.84	75,846	19	Europe
CHE	Switzerland	850.83	37	881.08	39	0.426 %	18.0	0.88	97,581	7	Europe
DZA	Algeria	823.88	40	875.33	40	0.423 %	5.75	3.50	18,525	104	Africa
SWE	Sweden	764.78	41	799.68	41	0.387 %	75.7	1.86	74,902	20	Europe
IRL	Ireland	701.80	42	736.73	42	0.356 %	62.9	2.26	134,000	4	Europe
CHL	Chile	678.04	44	710.20	43	0.343 %	26.5	2.03	35,146	65	South America
IRQ	Iraq	683.30	43	690.90	44	0.334 %	19.3	-1.50	15,178	115	Asia
UKR	Ukraine	659.02	46	690.06	45	0.334 %	0.84	2.00	20,999	94	Europe
AUT	Austria	666.93	45	682.86	46	0.330 %	7.20	-0.26	74,372	21	Europe
CZE	Czech Republic	620.52	47	647.32	47	0.313 %	35.5	1.62	59,368	34	Europe
PER	Peru	609.11	48	643.05	48	0.311 %	4.27	2.84	18,689	103	South America
NOR	Norway	578.53	49	606.59	49	0.293 %	36.5	2.14	107,892	6	Europe
HKG	Hong Kong SAR	565.93	50	589.81	50	0.285 %	16.8	1.52	77,942	17	Asia
	World	196,126		206,878				2.79	25,743