The global economy in 2025 shows signs of stability, steering clear of a recession but experiencing slower-than-expected growth. According to the IMF World Economic Outlook, April 2025, global GDP growth has been revised downward—now projected at 2.8% for 2025 and 3.0% for 2026, reflecting a 0.5 and 0.3 percentage point drop respectively from earlier forecasts.
The United States, holding its position as the world’s largest economy, is expected to experience a slowdown, with GDP growth forecasted at 1.8% in 2025. This represents a decline of 0.9 percentage points from the previous year, largely due to policy uncertainties, persistent trade tensions, and weakening demand.
Top 10 Largest Economies in the World by GDP (Current Prices) – 2025
Gross Domestic Product (GDP) remains a key indicator for measuring the economic performance of a country. Based on current prices and calculated using the expenditure approach (consumer spending, investments, government expenditure, and net exports), the following are the top 10 economies in the world by GDP in 2025, as published in the IMF’s April 2025 report:
| Rank | Country | GDP (USD) | 2025 Projected Real GDP (% Change) | GDP Per Capita (Current Prices) (USD) |
| 1 | United States of America | $30.34 trillion | 2.70% | 30.51 thousand |
| 2 | China | $19.53 trillion | 4.60% | 19.23 thousand |
| 3 | Germany | $4.92 trillion | 0.80% | 4.74 thousand |
| 4 | India | $4.39 trillion | 1.10% | 4.19 thousand |
| 5 | Japan | $4.27 trillion | 6.50% | 4.19 thousand |
| 6 | United Kingdom | $3.73 trillion | 1.60% | 3.84 thousand |
| 7 | France | $3.28 trillion | 0.80% | 3.21 thousand |
| 8 | Italy | $2.46 trillion | 0.70% | 2.42 thousand |
| 9 | Canada | $2.33 trillion | 2.00% | 2.23 thousand |
| 10 | Brazil | $2.31 trillion | 2.20% | 2.13 thousand |
Source: IMF’s World Economic Outlook, April 2025