Top 10 Countries by GDP (PPP) Projections for July 2025

The latest GDP (PPP) projections for July 2025, based on the International Monetary Fund’s World Economic Outlook (April 2025 edition) and other sources, rank the top 10 countries by their estimated GDP based on purchasing power parity (PPP) in trillions of international dollars. These figures account for price level differences across countries and reflect the real value of goods and services produced. Note that some sources provide slightly different estimates due to variations in methodologies or updates.

1. China: $40.72 trillion

2. United States: $30.51 trillion

3. India: $17.65 trillion

4. Russia: $7.19 trillion

5. Japan: $6.74 trillion

6. Germany: $6.16 trillion

7. Indonesia: $5.01 trillion

8. Brazil: $4.96 trillion

9. France: $4.50 trillion

10. United Kingdom: $4.45 trillion

Key Observations:

• China maintains its lead as the largest economy on a PPP basis, significantly ahead of the United States, with the gap widening due to China’s higher growth rate (projected at 4.0–4.6% for 2025) compared to the U.S. (1.8–2.7%).

• India solidifies its position as the third-largest economy, with a projected growth rate of 6.2–6.5%, the fastest among major economies.

• Indonesia overtakes Brazil to claim the 7th spot, reflecting the rising influence of Southeast Asian economies.

• Emerging markets like India, Indonesia, and Brazil continue to grow rapidly, narrowing the gap with developed economies.

• Europe and North America retain significant shares, but their global GDP (PPP) percentage is declining as Asia’s dominance grows.