Top 10 World’s Largest Economies in 2025

The global economy has rebounded to a combined nominal GDP of approximately $115.5 trillion as of 2025. 

Yet a handful of nations continue to dominate this total, according to the International Monetary Fund.

Here are the 10 largest economies in 2025 in terms of nominal GDP, along with key statistics that highlight their economic heft and recent performance.

1. United States – $30.34 Trillion (GDP Growth: 2.2 percent; GDP Per Capita: $89,680)

The United States remains the world’s largest economy by a wide margin. Its service sector,encompassing finance, healthcare, professional services and technology, accounts for roughly 80 percent of GDP.

An open investment climate and the dollar’s status as the world’s primary reserve currency underpin America’s economic leadership, even as it grapples with rising healthcare costs and infrastructure needs.

2. China – $19.53 Trillion (GDP Growth: 4.5 percent; GDP Per Capita: $13,870)

China holds second place in nominal terms and leads globally when measured by purchasing‑power parity. Two decades of rapid industrialisation and export‑oriented policies have taken it from 13th in 2000 to today’s runner‑up spot.

While an ageing population and environmental challenges temper its outlook, a 4.5 percent growth rate in 2025 keeps it on a trajectory that some analysts believe could eventually overtake the U.S.

3. Germany – $4.92 Trillion (GDP Growth: 0.8 percent; GDP Per Capita: $57,910)

Europe’s largest economy, Germany, relies heavily on manufacturing and exports of vehicles, machinery and chemicals.

Its highly skilled workforce and global trade ties fuel a near $5 trillion economy, even as demographic shifts and skills shortages pose long‑term questions.

4. Japan – $4.39 Trillion (GDP Growth: 1.1 percent; GDP Per Capita: $35,610)

Japan ranks fourth with a balance of advanced manufacturing, high‑tech electronics and automotive production.

Recent policy reforms have helped push its growth back above 1 percent, though dependence on energy imports and a rapidly ageing society remain structural constraints.

5. India – $4.27 Trillion (GDP Growth: 6.5 percent; GDP Per Capita: $2,940)

India’s diverse economy combines traditional agriculture with a booming services sector—especially IT and business process outsourcing.

At a robust 6.5 percent growth rate, India is the fastest‑growing economy among the top ten, though its low per‑capita output highlights both its vast opportunity and development challenges.

6. United Kingdom – $3.73 Trillion (GDP Growth: 1.5 percent; GDP Per Capita: $54,280)

The U.K. economy, driven by financial services and insurance, stands seventh globally. Since exiting the European Union in 2020, the country has navigated new trade relationships while preserving London’s role as a key global finance hub.

7. France – $3.28 Trillion (GDP Growth: 1.1 percent; GDP Per Capita: $49,530)

France’s seventh‑largest GDP is supported by luxury goods, aerospace, tourism and a diversified industrial base.

Strong social‑welfare policies and labour regulations contribute to quality of life but can also slow structural reforms and dampen growth.

8. Italy – $2.46 Trillion (GDP Growth: 0.8 percent; GDP Per Capita: $41,710)

Italy occupies the eighth spot, bolstered by strong sectors in fashion, automotive and food exports. Persistent regional disparities, between a prosperous north and less‑developed south, alongside high public debt, remain barriers to faster expansion.

9. Canada – $2.33 Trillion (GDP Growth: 2.4 percent; GDP Per Capita: $55,890)

Canada’s economy benefits from the world’s third‑largest oil reserves, a large service sector and close integration with the U.S. market (which absorbs 77 percent of its exports).

A 2.4 percent growth rate in 2025 underscores its resilience amid commodity‑price swings.

10. Brazil – $2.31 Trillion (GDP Growth: 2.2 percent; GDP Per Capita: $10,820)

Rounding out the top ten, Brazil leads Latin America with a diversified economy spanning aerospace, agriculture, mining and energy.

After emerging from recession and corruption scandals, ongoing reforms in public finance and trade seek to restore sustainable growth.