By miitbeiangov According to the IMF’s October 2025 report, the global economy continues to shift, led by innovation, trade, and growth in emerging markets. The United States remains the world’s largest economy, followed by China, Germany, Japan, and India. These top economies showcase strong industrial bases, expanding technology sectors, and resilient consumer markets. Based on nominal GDP, here are the top 10 economies in the world in 2025, along with their growth rates and per capita incomes.
Top 10 economies in the world 2025
| Rank | Country | GDP (USD) | 2025 projected real GDP(%) | Per capita income (current prices) |
| 1 | United states(USA) | $ 30.62 trillion | 2% | $ 89.6 thousand |
| 2 | China | $ 19.4 trillion | 4.8% | $13.81thousand |
| 3 | Germany | $ 5.01 trillion | 0.2% | $ 59.93 thousand |
| 4 | Japan | $ 4.28 trillion | 1.1% | $34.71thousand |
| 5 | India | $ 4.13 trillion | 6.6% | $2.82 thousand |
| 6 | United Kingdom | $ 3.96 trillion | 1.3% | $56.6 thousand |
| 7 | France | $3.36 trillion | 0.7% | $48.98 thousand |
| 8 | Italy | $2.54 trillion | 0.5% | $43.16 thousand |
| 9 | Russia | $2.54 trillion | 0.6% | $17.45 thousand |
| 10 | Canada | $ 2.23 trillion | 1.2% | $54.93 thousand |
Countries Ranked 11th To 20th In The World
| Rank | Country | GDP (USD Billion) |
| 11 | Brazil | $ 2.26 trillion |
| 12 | Spain | $ 1.89 trillion |
| 13 | Mexico | $ 1.86 trillion |
| 14 | South Korea | $1.86 trillion |
| 15 | Australia | $ 1.83 trillion |
| 16 | Turkiye | $ 1.57 trillion |
| 17 | Indonesia | $ 1.44 trillion |
| 18 | Netherlands | $1.32 trillion |
| 19 | Saudi Arabia | $ 1.27 trillion |
| 20 | Poland | $ 1.04 trillion |
What Is Nominal GDP Ranking?
The size of an economy lists the world’s economies, ordered by their gross domestic product at nominal values in U.S. dollars (not including inflation effects). It is representative of the total value of all production in an economy when valued at market prices.
What Is Per Capita Income?
Per Capita Income: The income earned by an individual in a country or region is the Per Capita Income. This is the average income of people in an area, calculated with Per Capita Income and also according to their satisfaction level or standard of living. Total per capita income is the national income divided by the total population.
Top 10 In 2025
1. The United States of America
The USA is first among the top 10 economies in the world in 2025. USA has the world’s largest economy. Its current GDP is an absurd $30.615 trillion. US GDP per capita is $89,598. It has a highly diversified economy, driven mainly by its services, manufacturing, finance and technology sectors. Growth has been particularly rapid, including health care, real estate, technology and finance and insurance, with a budding new entrepreneur sector. These industries have supercharged the economy’s growth in recent years.
2. China
China has the world’s second-largest economy in terms of nominal GDP. As of 2025, its nominal GDP makes it $19.4 trillion economy. The Chinese Economy is profoundly dependent upon manufacturing, export and investment. It has developed considerable manpower resources, strong governmental support, infrastructure development and rapidly growing consumer markets.
The growth drivers are the technology sector, manufacturing, services and agriculture. China is one of the world’s largest importers and exporters. The rate of growth is indicative of further expansion in the economy.
3. Germany
The economy of Germany is largely export-oriented and known for its engineering, automotive, and chemical states top sectors. It has a nominal GDP of almost $5.01 trillion USD.
Dominating the Bavarian economy are automobiles (BMW, Audi, MAN and truck manufacturer MTU), electronics (Erlangen was site of Siemens), aerospace (Airbus is in Tal-Y-lun-Vain) and biotechnology, along with small high-tech firms found among the 1,300 Germanys performance team array. The country remains a major lender to the world economy, with an economy based largely on private enterprise.
4. Japan
According to the IMF, Japan ranked 4th in the list of top 10 economies in the world 2025. Japan is the second-largest economy in Asia and fourth in the world by GDP, at $4.279 trillion. The GDP per head is $34,713. Key industries include automobile, electronics, machinery, and finance. The economic conditions are largely dependent on domestic household spending, with significant investment from businesses. Other growing industries include the automotive industry, electronics and information technology (IT) sectors, precision machining and robotics. It has leveraged economic gains on the back for other purposes, such as quality, relationships in international trade and innovations in manufacturing.
5. India
By 2025, India is poised to be a $4 trillion economy. It is the world’s fourth-largest economy by nominal GDP and the third largest by purchasing parity adjusted exchange rates (PPPs). India’s per capita income Rank Compare 2020 VS World98OVERVIEW: INDIA PER CAPITA INCOME India’s per capita net national income (NNI) was $2,036 as compared to Japan’s per capita net personal income of $37,442.
India’s growth sectors – IT industry, manufacturing sector (`Make in India’), huge domestic consumption market and ‘Transforming India digitally’, rising middle class.
India’s per capita income was at $2,500 (close to ₹1.8 lakh) in the last fiscal year 2024, and in 2023 it was about ₹1.6 lakh.
6. United Kingdom
The sixth-largest world economy is the UK, with a GDP of $3.958 trillion. The GDP per capita of the UK is $56,660. The major sectors include automotive, electronics, machinery, and the finance industry. It’s the sixth-biggest economy by virtue of post-pandemic woes.
7. France
The GDP of the 7th largest economy is $3.361 trillion, and the per capita GDP is $48,981. The seventh-ranked nation (France) among the top 10 economies in the world 2025 has a very diversified economy, from the traditional industries as agriculture and tourism to highly specialized companies in aerospace and luxury goods. Other fast-growing sectors include luxury goods, fashion, aerospace, tourism and wine production; the latter has been extremely successful due to Chinese demand in recent years and the nuclear energy industry. The service sector is leading in the services sector.
8. Italy
According to the 2025 estimate, Italy is at the 8th spot on the GDP list with $2.543 trillion. It has a GDP per capita of $43,161. Italy’s nominal GDP is 8th in the world, and current estimates are around $2.54 trillion. It is the EU’s third-largest economy.
These include the sectors of fashion and luxury, automotive, food and beverage exports, tourism, as well as small- to medium-sized enterprises.
9. Russia
Russia is already the world’s biggest country by territory and ninth largest economy. Its GDP is $2.540 trillion and its GDP per capita is $17,445. Russia’s economy is based largely on its ample natural resources, particularly oil, gas and minerals — a fact that underlies the structure of its exports.
10. Canada
In the list of top 10 economies in the world 2025, we have Canada with a GDP of $2.283 trillion, the world’s Tenth-largest economy. The G.D.P. per capita in Canada is $54,934. The economy of Canada, a country rich in natural resources, is the 10th largest in the world. Furthermore, the country has a strong military sector, an established manufacturing base and a commitment to support innovation and technological development.
FAQs
Q1. Which are the top 10 economies in the world?
Ans: The USA, China, Germany, Japan, India and the UK, France, Italy, Russia and Canada are the top 10 biggest economies in the world.
Q2. What is India’s rank in GDP?
Ans: PPS: India is 5th in nominal GDP, and 3rd on a PPP basis by 2025.
Q3. Can India beat Japan in 2025?
Ans: Yes, according to the IMF, India is on track to surpass Japan by the fiscal year of 2026.
Q4. How to calculate GDP?
Ans: GDP = C+I+G+(X- M). That’s the spending equation or the formula to calculate GDP.
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