Key Points
- The US maintains its position as the world's largest economy with a GDP of $30.507 trillion.
- China follows closely with a GDP of $19.231 trillion.
- India surpasses Japan to become the fourth-largest economy with a GDP of $4.187 trillion.
Largest Economies in the World: The largest economy in the world, in terms of Nominal GDP as of October 2025, is the United States, with a GDP of $ 30.615 trillion. The US has stayed at the top of the list since the 20th century. However, experts predict that China will surpass the US as the world's largest economy in the coming years.
In this article, we will cover the world's largest economies by nominal GDP (GDP at current prices). This data is based on the World Economic Outlook report released by the International Monetary Fund (IMF). IMF releases the report twice a year, in April and October.
The rankings are based on the IMF's latest report, released in October 2025. Please note that the world's largest economies are ranked by nominal GDP, or GDP at current prices.
List of Countries and Currencies of the World – Check the full list here
What are the 10 largest economies in the world?
The 10 largest economies in the world as of October 2025 are the USA, China, Germany, Japan, India, the UK, France, Italy, Russia, and Canada. The rankings are based on the World Economic Outlook report published by the IMF. Check out the complete list of the world's largest economies in 2025 based on nominal GDP below.
Largest Economies in the World (Updated 2025)
The following are the world’s largest economies, as per the latest data released by the IMF World Economic Outlook as of October 2025:
| Rank | Country | Nominal GDP (USD) in trillions |
| 1 | United States (U.S) | $30.615 |
| 2 | China | $19.398 |
| 3 | Germany | $5.013 |
| 4 | Japan | $4.279 |
| 5 | India | $4.125 |
| 6 | United Kingdom (U.K.) | $3.958 |
| 7 | France | $3.361 |
| 8 | Italy | $2.543 |
| 9 | Russia | $2.540 |
| 10 | Canada | $2.283 |
Source: IMF
Top 10 Richest Countries in the World 2025
How are the countries ranked on this list?
The top 10 economies in the world are ranked on their nominal GDP or GDP current prices, as per the reports released by the IMF (International Monetary Fund). These rankings are based on the total value of goods and services produced within each country's borders in a given year.
GDP is a key indicator of a country's economic strength and can greatly influence global markets and policies.
What is GDP and how is it calculated?
GDP, or gross domestic product, is a measure of the total value of all goods and services produced within a country's borders in a specific time period, typically a financial year.
It is calculated by adding up the value of consumption, investment, government spending, and net exports (exports minus imports). This calculation provides an overall picture of a country's economic activity and helps economists and policymakers analyse economic growth and development.
Before you leave, check out the difference between GDP and GNP below.
Differences between GDP and GNP
World's Largest Economies (Updated October 2025)
The ranking of the world's largest economies is based on the IMF World Economic Outlook, October 2025 edition. The values shown below are based on Nominal GDP, also referred to as GDP, current prices.
1. The United States
Source: Wikipedia
The US is the world's largest economy. Its current GDP stands at a staggering $30.615 trillion. The US GDP per capita is $89,598.
2. China
Source: Canva
China is the second-largest economy in the world, with a GDP of $19.398 trillion. China's GDP per capita is $13,806.
3. Germany
Source: Pexels
Germany is the third-largest economy in the world, with a GDP of $5.013 trillion. The GDP per capita is $59,925.
4. Japan
Source: Getyourguide
Japan is the fourth-largest economy in the world, with a GDP of $4.279 trillion. The GDP per capita is $34,713.
5. India
Source: Flickr
India is the world’s fifth-largest economy. Its GDP estimate stands at $4.125 trillion, and its GDP per capita at $2,818.
6. United Kingdom
Source: Unsplash
The UK is the sixth-largest economy in the world, with a GDP of $3.958 trillion. The GDP per capita of the UK is $56,660.
7. France
The seventh-largest economy in the world has a GDP of $3.361 trillion and a GDP per capita of $48,981.
8. Italy
Source: Wikipedia
Italy is the eighth-largest economy in the world, with a GDP of $2.543 trillion. Its GDP per capita stands at $43,161.
9. Russia
Source: Shutterstock
Russia is the largest country by area and also the ninth-largest economy. Its GDP stands at $2.540 trillion, and its GDP per capita is $17,445.
10. Canada
Source: Facebook
The tenth-largest economy in the world is Canada, with a GDP of $2.283 trillion. Canada's GDP per capita is $54,934.
The 10 countries listed above are all trillion-dollar economies. As of October 2025, there are 21 trillion-dollar economies worldwide.
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