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Top 10 Countries By GDP (PPP) 2025: China Beats US In This Ranking! Where Does India Rank & When Will It Become 2nd Largest Economy? Check List

TOI Business Desk
| TIMESOFINDIA.COM | Last updated on - Dec 11, 2024, 08:50 IST
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Top 10 Countries By GDP (PPP) 2025: China Beats US In This Ranking! Where Does India Rank?

Top 10 Countries by GDP (PPP) 2025: Did you know that China is the world’s largest economy in terms of GDP (PPP)? PPP or Purchasing Power Parity is a method that focuses on the purchasing power of the domestic currency within the economy for a basket of goods. Interestingly, India is already the world’s third largest economy in GDP (PPP) terms! As per IMF’s latest October edition of the World Economic Outlook, America’s GDP (PPP) will be approximately 1.75 times that of India’s in 2025! When will India overtake the US to become second largest in this list? Which will be the world’s largest economies by GDP (PPP) in 2025? We take a look at the top 10 countries by GDP (PPP) in 2025 according to IMF data: (AI image)

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China

China tops the list of the top 10 countries with highest GDP (PPP) for 2025. According to the latest IMF estimates, China’s GDP (PPP) will be $39,438 billion in 2025. This will be 1.3 times the GDP (PPP) of the United States of America. By 2029, China’s GDP (PPP) is expected to be $48,836 billion. (AI image)

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United States of America

The United States of America or the US which is the world’s largest economy in terms of nominal GDP ranks second in the list of top 10 countries by GDP (PPP) for 2025. As per the October 2024 edition of IMF’s World Economic Outlook, US GDP (PPP) for 2025 will be $30,337 billion. This is likely to rise to $35,458 billion by 2029. (AI image)

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India

India has been the world’s third largest economy in GDP (PPP) rankings for many years now. In nominal GDP terms India ranks as the 5th largest economy in the world. IMF estimates indicate that India’s GDP (PPP) in 2025 will be $17,365 billion. This is expected to rise to $24,015 billion by 2029. An EY study last year suggested that if India is able to maintain a GDP growth of 6-7%, it will be able to overtake the US as the second largest economy in GDP (PPP) terms in the next few decades. (AI image)

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Russia

Russia is the fourth largest economy in the world in GDP (PPP) terms. IMF’s latest estimates for 2025 peg Russia’s GDP (PPP) at $7,130 billion. This is expected to rise to $8,044 billion by 2029, says IMF. (AI image)

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Japan

Japan, which is the fourth largest economy in the world in nominal GDP terms, ranks 5th on the list of the top 10 countries by GDP (PPP) for 2025. IMF estimates suggest that Japan’s GDP (PPP) for 2025 will be $6,768 billion. This will rise to $7,474 billion by 2029. (AI image)

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Germany

Germany ranks sixth on the list of the world’s top 10 economies with highest GDP (PPP) for 2025. As per the latest IMF estimates, Germany’s GDP (PPP) in 2025 will be $6,175 billion. This will rise to $6,921 billion by 2029. Germany is at present the world’s third largest economy in nominal GDP rankings. (AI image)

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Indonesia

Indonesia will become the 7th largest economy in the world in GDP (PPP) terms by 2025, as per IMF estimates. The latest data suggests that Indonesia’s GDP (PPP) in 2025 will be $4,983 billion. This is likely to rise to $6,531 billion by 2029. (AI image)

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Brazil

Brazil will rank 8th in the list of top 10 largest economies in GDP (PPP) terms in 2025. As per IMF’s October edition of the World Economic Outlook, Brazil’s GDP (PPP) will be $4,891 billion in 2025. This is estimated to rise to $5,780 billion by 2029. (AI image)

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France

France will have a GDP (PPP) of $4,485 billion in 2025, making it the 9th ranked country on the list of top 10 countries with highest GDP (PPP). According to IMF estimates, France’s GDP (PPP) will rise to $5,099 billion by 2029. (AI image)

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United Kingdom

The United Kingdom or the UK is the 10th largest economy in the world in GDP (PPP) by country rankings. In 2025, the UK's GDP (PPP) is estimated to be $4,425 billion. This is likely to rise to $5,037 billion by 2029, as per the latest IMF estimates. (AI image)

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Italy

Italy will be the world’s 11th largest economy in GDP (PPP) terms in 2025, as per the latest IMF data. Italy’s GDP (PPP) for 2025 is estimated to be $3,691 billion. This will likely rise to $4,078 billion by 2029. (AI image)

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