Top 10 Countries by Nominal GDP as of October 2025
Throughout this list and article, the term GDP refers to nominal GDP in current U.S. dollars reported by the International Monetary Fund (IMF) for 2025. GDP is calculated by adding together the total consumption, government spending, investments, and net exports.
"1. United States Nominal GDP in Current U.S. Dollars: $30.62 trillion
GDP Growth: 2.0% Nominal GDP Per Capita in Current U.S. Dollars: $89.60 thousand The U.S. economy is at the forefront of technology in many industries, but it faces rising threats in the form of economic inequality, rising healthcare and social safety net costs, and deteriorating infrastructure."
"2. China Nominal GDP in Current U.S. Dollars: $19.40 trillion GDP Growth: 4.8% Nominal GDP Per Capita in Current U.S. Dollars: $37.83 thousand
China has the world’s second-largest Despite these advantages, China faces some significant challenges, such as a rapidly aging population and severe environmental degradation, which have slowed its growth."
"3. Germany Nominal GDP in Current U.S. Dollars: $5.01 trillion
PPP Adjusted GDP in Current International Dollars: $6.15 trillionGDP Growth: 0.2%Nominal GDP Per Capita in Current U.S. Dollars: $59.93 thousand Germany is a top exporter of vehicles, machinery, chemicals, and other manufactured goods and has a highly skilled workforce. However, the country faces some demographic challenges to its economic growth. Its low fertility rate makes replacing its aging workforce more difficult, and its high levels of net immigration."
"4. Japan Nominal GDP in Current U.S. Dollars: $4.28 trillion
PPP Adjusted GDP in Current International Dollars: $6.76 trillion
GDP Growth: 1.1%
Nominal GDP Per Capita in Current U.S. Dollars: $34.71 thousand
Japan has seen an uptick in growth in recent years under the policies of former Prime Minister Shinzo Abe; however, Japan is poor in natural resources and dependent on energy imports, especially after the general shutdown of its nuclear power industry following the 2011 Fukushima disaster. Japan has also struggled with a rapidly aging population."
"5. India
Nominal GDP in Current U.S. Dollars: $4.13 trillion
PPP Adjusted GDP in Current International Dollars: $17.71 trillion
GDP Growth: 6.6%
Nominal GDP Per Capita in Current U.S. Dollars: $2.82 thousand
Liberalization of India’s economy since the 1990s has boosted economic growth, but inflexible business regulation, geopolitical shifts, and persistent poverty pose challenges to ongoing expansion."
"6. The United Kingdom
Nominal GDP in Current U.S. Dollars: $3.96 trillion
PPP Adjusted GDP in Current International Dollars: $4.45 trillion
GDP Growth: 1.3%
Nominal GDP Per Capita in Current U.S. Dollars: $56.66 thousand
The nation’s extensive trading relationship with continental Europe has been greatly complicated by the resolution of Brexit after the 2016 vote to leave the European Union (EU). As of Jan. 31, 2020, the U.K. is officially not a member of the EU."
"7. France
Nominal GDP in Current U.S. Dollars: $3.36 trillion
PPP Adjusted GDP in Current International Dollars: $4.53 trillion
GDP Growth: 0.7%
Nominal GDP Per Capita in Current U.S. Dollars: $48.98 thousand
The French government’s commitment to economic intervention in favor of social equality also creates some challenges for the economy, such as a rigid labor market with high unemployment and a large public debt relative to other advanced economies."
"8. Italy
Nominal GDP in Current U.S. Dollars: $2.54 trillion
PPP Adjusted GDP in Current International Dollars: $3.72 trillion
GDP Growth: 0.5%
Italy faces persistently sluggish economic growth due to a very high public debt, high inflation, uncertain investment developments, an inefficient labor market with chronically high youth unemployment, and a large underground economy."
"9. Russia
Nominal GDP in Current U.S. Dollars: $2.54 trillion
PPP Adjusted GDP in Current International Dollars: $7.14 trillion
GDP Growth: 0.6% Russia has moved toward a more market-based economy over the 30 years since the collapse of the Soviet Union, In 2022, Russia launched an invasion against its neighbor, Ukraine. As a result of its actions, the country was hit by many sanctions and other economic punishments, which greatly hurt its economy."
"10. Canada
Nominal GDP in Current U.S. Dollars: $2.28 trillion
PPP Adjusted GDP in Current International Dollars: $2.72 trillion
GDP Growth: 1.2%
Nominal GDP Per Capita in Current U.S. Dollars: $54.93 thousand
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