Projected GDP Ranking

Source International Monetary Fund World Economic Outlook (October - 2024)
Date28 Jan 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 (4.48%) is higher than the US's 2.15%. On a nominal basis, the US will be ahead of China by $10.8 trillion in 2025. On a PPP basis, China is ahead of the US by Int. $9.1 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 is now ahead by 532 billion USD. Even India is behind by only $117 billion and is projected to surpass Japan 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, there would be no change in the top 10 list. Another change in the top 20 would be Australia and Spain overtaking Mexico. Among the top 50, the economic ranks of Hong Kong and Chile would move up by two positions. In contrast, Egypt would lose three places, followed by Colombia and Mexico by two spots.

In the PPP ranking, there would be only one change in the top 10 list as Indonesia would overtake Brazil. Another change in the top 20 would be Poland overtaking Australia. Among the top 50, the United Arab Emirates and Iraq will move up by two spots. In contrast, Switzerland would lose two places.

On the list of the top 50, India is the fastest-growing economy with 6.46%, followed by the Philippines (6.11%) and Vietnam (6.06%). Italy has the lowest growth rate of 0.76% 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 (3,17), Canada (9,19), Australia (13,12), the Netherlands (18,11), and Switzerland (20,2) 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.

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GDP (Nominal) Ranking

Code Country/Economy GDP (Nominal) (billions of $) Growth (%) GDP per capita (Nominal) ($) Continent
2024Rank2025RankSharediff 20252025Rank
PAKPakistan 374.6044398.00430.3458.203.201,655161Asia
USAUnited States29,167.78130,337.16126.3-2.1589,6787North America
CHNChina18,273.36219,534.89216.910,8024.4813,87373Asia
DEUGermany4,710.0334,921.5634.2614,6130.7957,91417Europe
JPNJapan4,070.0944,389.3343.805321.1435,61137Asia
INDIndia3,889.1354,271.9253.701176.462,937143Asia
GBRUnited Kingdom3,587.5563,730.2663.235421.4854,28022Europe
FRAFrance3,174.1073,283.4372.844471.0649,52724Europe
ITAItaly2,376.5182,459.6082.138240.7641,71428Europe
CANCanada2,214.8092,330.3192.021292.3955,89019North America
BRABrazil2,188.42102,307.16102.0023.12.1610,81683South America
RUSRussia2,184.32112,195.71111.901111.3515,07769Europe
KORKorea1,869.92121,947.13121.692492.1737,67532Asia
AUSAustralia1,802.01141,881.14131.6366.02.1267,97912Oceania
ESPSpain1,731.47151,827.58141.5853.62.1337,36233Europe
MEXMexico1,848.13131,817.82151.579.761.3513,63075North America
IDNIndonesia1,402.59161,492.62161.293255.075,248121Asia
TURTürkiye1,344.32171,455.41171.2637.22.7016,87767Europe
NLDNetherlands1,218.40181,272.96181.101821.6370,60611Europe
SAUSaudi Arabia1,100.71191,136.58190.9841364.5733,28739Asia
CHESwitzerland942.2720999.60200.8661371.34111,7162Europe
POLPoland862.9121915.45210.79384.23.5025,04154Europe
TWNTaiwan Province of China775.0222814.44220.7051012.6734,92438Asia
BELBelgium662.1823689.36230.5971251.1758,24816Europe
SWESweden609.0424638.78240.55350.62.3759,50815Europe
IRLIreland560.5726587.23250.50851.62.25107,2433Europe
ARGArgentina604.3825574.20260.49713.05.0012,05481South America
AREUnited Arab Emirates545.0527568.57270.4925.635.0551,29423Asia
SGPSingapore530.7129561.73280.4866.842.5093,9564Asia
AUTAustria535.8028559.22290.4842.511.0661,08014Europe
ISRIsrael528.0731550.91300.4778.312.6754,37021Asia
THAThailand528.9230545.34310.4725.563.007,75499Asia
PHLPhilippines470.0633507.67320.44037.76.114,439128Asia
NORNorway503.7532506.47330.4391.201.8390,3205Europe
VNMVietnam468.4934506.43340.4380.046.064,986122Asia
MYSMalaysia439.7536488.25350.42318.24.3914,42371Asia
BGDBangladesh451.4735481.86360.4176.394.502,773145Asia
IRNIslamic Republic of Iran434.2437463.75370.40218.13.065,300120Asia
DNKDenmark412.2939431.23380.37332.51.6571,96710Europe
HKGHong Kong SAR401.7541422.06390.3659.172.9855,60820Asia
COLColombia417.2138419.33400.3632.732.487,89596South America
ZAFSouth Africa403.0540418.05410.3621.291.496,517110Africa
ROURomania380.5642406.20420.35211.83.3021,57058Europe
CHLChile328.7246362.24440.31435.82.3817,92766South America
CZECzech Republic342.9945360.23450.3122.012.2833,03841Europe
EGYEgypt380.0443345.87460.29914.44.083,160139Africa
FINFinland306.0847319.99470.27725.92.0357,18318Europe
PRTPortugal303.0348319.93480.2770.052.3530,94743Europe
KAZKazakhstan292.5549306.63490.26513.34.6315,11268Asia
PERPeru283.3150294.90500.25511.72.628,57091South America
World 110,065 115,494 3.2514,401
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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
CHNChina37,072.09139,438.11119.3 %-4.4828,00878Asia
USAUnited States29,167.78230,337.16214.8 %9,1012.1589,67810North America
INDIndia16,019.97317,364.8138.49 %12,9726.4611,938125Asia
RUSRussia6,909.3847,129.6743.49 %10,2351.3548,95750Europe
JPNJapan6,572.2056,767.6653.31 %3621.1454,90740Asia
DEUGermany6,017.2266,174.6963.02 %5930.7972,66022Europe
IDNIndonesia4,658.3284,983.4572.44 %1,1915.0717,520107Asia
BRABrazil4,702.0074,890.9582.39 %92.52.1622,92886South America
FRAFrance4,359.3794,485.4492.19 %4061.0667,65825Europe
GBRUnited Kingdom4,282.17104,424.66102.16 %60.81.4864,38431Europe
ITAItaly3,597.95113,691.25111.81 %7330.7662,60332Europe
TURTürkiye3,456.77123,614.58121.77 %76.72.7041,91459Europe
MEXMexico3,303.07133,408.41131.67 %2061.3525,55781North America
KORKorea3,258.37143,389.43141.66 %19.02.1765,58229Asia
ESPSpain2,665.23152,771.52151.36 %6182.1356,65936Europe
CANCanada2,582.23162,692.05161.32 %79.52.3964,56630North America
EGYEgypt2,231.82172,365.10171.16 %3274.0821,60991Africa
SAUSaudi Arabia2,112.88182,249.61181.10 %1154.5765,88528Asia
POLPoland1,890.70201,992.36190.974 %2573.5054,49841Europe
AUSAustralia1,897.89191,973.28200.965 %19.12.1271,30923Oceania
TWNTaiwan Province of China1,843.02211,926.59210.942 %46.72.6782,61513Asia
THAThailand1,771.53221,857.84220.909 %68.73.0026,41680Asia
BGDBangladesh1,692.74241,801.05230.881 %56.84.5010,367131Asia
IRNIslamic Republic of Iran1,698.46231,782.27240.872 %18.83.0620,36998Asia
VNMVietnam1,631.80251,762.15250.862 %20.16.0617,349109Asia
PAKPakistan1,584.47261,664.89260.814 %97.33.206,922147Asia
NGANigeria1,489.83271,564.86270.765 %1003.166,706149Africa
NLDNetherlands1,460.53281,511.25280.739 %53.61.6383,82312Europe
PHLPhilippines1,367.04301,476.95290.722 %34.36.1112,913120Asia
MYSMalaysia1,372.61291,458.86300.713 %18.14.3943,09555Asia
ARGArgentina1,353.80311,447.25310.708 %11.65.0030,38274South America
COLColombia1,129.64321,178.73320.576 %2692.4822,19489South America
ZAFSouth Africa993.75331,026.90330.502 %1521.4916,009112Africa
ROURomania894.2234940.52340.460 %86.43.3049,94447Europe
SGPSingapore879.9835918.36350.449 %22.22.50153,6092Asia
AREUnited Arab Emirates849.7838908.93360.445 %9.445.0582,00015Asia
BELBelgium863.8436889.83370.435 %19.11.1775,18719Europe
KAZKazakhstan830.6139884.85380.433 %4.984.6343,61054Asia
CHESwitzerland851.1437878.17390.429 %6.681.3498,1457Europe
DZAAlgeria826.1440866.72400.424 %11.53.0418,343103Africa
SWESweden763.5941795.88410.389 %70.82.3774,14321Europe
IRLIreland691.9042720.31420.352 %75.62.25131,5484Europe
CHLChile674.3943702.98430.344 %17.32.3834,78966South America
IRQIraq655.4246694.48440.340 %8.504.0715,256115Asia
AUTAustria667.1544686.44450.336 %8.041.0674,97620Europe
UKRUkraine655.5845684.18460.335 %2.262.5020,75794Europe
CZECzech Republic619.8847645.55470.316 %38.62.2859,20534Europe
PERPeru605.5748632.73480.309 %12.82.6218,389102South America
HKGHong Kong SAR569.8350597.45490.292 %35.32.9878,71717Asia
NORNorway576.2449597.42500.292 %0.021.83106,5406Europe
World 194,569 204,473 3.2525,496