- By Sarju Saran Tiwari
- Tue, 11 Nov 2025 08:00 AM (IST)
- Source:JND
The World's Largest Economies: As of November 2025, the United States remains the world's largest economy based on nominal GDP, with a GDP of $30.615 trillion. The United States has topped this list since the 20th century. However, experts predict that China will surpass the United States to become the world's largest economy in the coming years.
Today we will discuss the world's largest economies based on nominal GDP (gross domestic product at current prices). This data is based on the World Economic Outlook report released by the International Monetary Fund (IMF). The IMF releases this report twice a year, in April and October.
This ranking is based on the latest IMF report, released in October 2025. Please note that the world's largest economies are ranked based on nominal GDP or GDP at current prices.
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Top 10 Countries by Nominal GDP As of November 2025:
Country | Nominal GDP (in trillions) | PPP Adjusted GDP (in trillions) | Annual Growth (%) | GDP Per Capita (in thousands) |
| United States | $30.62 | $30.62 | 2.0 | $89.60 |
| China | $19.40 | $41.02 | 4.8 | $37.83 |
| Germany | $5.01 | $6.15 | 0.2 | $59.93 |
| Japan | $4.28 | $6.76 | 1.1 | $34.71 |
| India | $4.13 | $17.71 | 6.6 | $2.82 |
| United Kingdom | $3.96 | $4.45 | 1.3 | $56.66 |
| France | $3.36 | $4.53 | 0.7 | $48.98 |
| Italy | $2.54 | $3.72 | 0.5 | $43.16 |
| Russia | $2.54 | $7.14 | 0.6 | $17.45 |
| Canada | $2.28 | $2.72 | 1.2 | $54.93 |
How Are The Countries Ranked on this List?
According to reports released by the International Monetary Fund (IMF), the world's top 10 economies are ranked based on their nominal gross domestic product (GDP), or gross domestic product at current prices. 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 widely influence global markets and policies.
Key Economic Measuring GDP Indicators:
There are several popular ways to measure GDP (gross domestic product):
Nominal GDP in current U.S. dollars: This is the most basic and common way of measuring and comparing GDP among countries, using local prices and currencies converted into U.S. dollars by using currency market exchange rates. This is the number that was used to determine the countries’ rankings in the top 25 list.
Purchasing power parity (PPP) adjusted GDP in current international dollars:
This is an alternative way of comparing nominal GDP among countries, adjusting currencies based on what basket of goods they could buy in those countries rather than currency exchange rates. This is a way to adjust for the difference in the cost of living among countries.
GDP growth: This is the annual percentage growth rate of nominal GDP in local prices and currencies, which estimates how fast a country’s economy is growing.
GDP per capita in current U.S. dollars: This is nominal GDP divided by the number of people in a country. GDP per capita measures how much a country’s economy produces per person, rather than in total. This can also act as a very rough measure of income or standard of living for individuals living in a country.
