Forecast of the world's 10 largest economic powers in 2025

(CLO) Below is a list of the 10 largest economies in the world according to the International Monetary Fund (IMF) forecast for 2025, ranked based on nominal GDP.

The size of an economy is often measured by GDP (gross domestic product), which is the total value of all goods and services produced within a country. This provides a clear, often very large number that makes it easy to compare between countries.

1. United States ($30.34 trillion)

The United States continues to lead the world with the largest economy, playing an important role in global GDP since World War II. Thanks to the dollar as the international reserve currency, the United States is not only an economic power but also attracts a lot of foreign investment.

However, factors such as declining public investment, especially in infrastructure, along with rising health care costs, could make America's leadership less secure in the future.

2. China ($19.53 trillion)

China has risen to become the world's second largest economy over the past 25 years.

In 2000, the country was not yet in the top 10, but thanks to a policy of targeted privatization and heavy investment in infrastructure, China has achieved an important position on the international stage.

However, the country faces major challenges such as maintaining growth, addressing inequality and dealing with environmental problems caused by rapid industrialization.

3. Germany ($4.92 trillion)

As the largest economy in Europe and the third largest in the world, Germany is known for its high-quality manufacturing. Key sectors include automobiles, chemicals, telecommunications, as well as services such as tourism and healthcare.

4. Japan ($4.39 trillion)

Japan was one of the world's fastest growing economies for decades, on par with Europe and the United States. However, the country suffered a "lost decade" in the 1990s when growth slowed dramatically.

Although Japan's economy has recovered thanks to the growth of its export industries, the country still faces challenges such as an aging population, affecting its long-term growth potential.

5. India ($4.27 trillion)

As the world's fifth largest economy, India is growing rapidly but also faces many challenges such as social inequality and inadequate infrastructure.

The Indian government has implemented many economic reforms to attract foreign investment and promote domestic development. However, the majority of the population still faces many economic and social challenges, such as income inequality, inadequate infrastructure, and environmental problems.

Rapid urbanisation has brought opportunities but also widened the gap between rich and poor. However, with a large population and a young workforce, India has great potential to continue to grow strongly in the future.

6. United Kingdom ($3.73 trillion)

Although no longer the global power it once was under the British Empire, the UK still maintains its sixth place in the list of leading economies.

The service sector plays a major role in the UK economy, with London being one of the world's largest international financial centres. The finance, insurance and international business services sectors account for a large proportion of the UK's GDP.

However, the impact of Brexit remains a significant factor affecting the UK economy. Leaving the European Union has caused a lot of uncertainty and made the country's future position in the rankings difficult to predict.

7. France ($3.28 trillion)

France is not only the world's seventh largest economy but also a top global tourist destination. Tourism plays a major role in the country's GDP.

Additionally, France has strong labor unions and large government spending, leading to high labor costs.

The French economy has also seen slower growth than some other European countries amid political and economic tensions between the country's urban and rural areas.

8. Italy ($2.46 trillion)

Italy's economy is the world's eighth largest, with tourism and exports of luxury consumer goods being two important pillars.

However, the economic situation is uneven between regions. Northern Italy is more industrially developed, while the south has strengths in tourism and agriculture but is less developed.

9. Canada ($2.33 trillion)

Canada has the world's ninth largest economy, with much of its trade tied to the United States.

Strong trade agreements in the past have helped ensure that the majority of Canada's exports go to the United States. Canada's economy is also fueled by its abundance of natural resources, including agricultural products and fossil fuels such as natural gas.

10. Brazil ($2.31 trillion)

Brazil is the largest economy in South America, with rich natural resources.

Brazil has an abundance of natural resources, but it often faces the challenge of balancing exploitation and conservation. The destruction of the Amazon rainforest is a stark example of the risks of pursuing GDP growth without ensuring ecological sustainability.

In addition, Brazil also faces many difficulties due to political instability and corruption, factors that not only affect the economy but also impact the distribution of wealth in society.

Other ways to measure the economy

GDP doesn't always accurately reflect the quality of life in an economy. Here are some alternative methods used by the World Bank, IMF, and academic institutions to get a more comprehensive picture:

GDP per capita : Divides GDP by population, helping to estimate the average economic contribution of each individual.

Real GDP (PPP): Adjusted for price differences between countries, more accurately reflects real living standards.

Human Development Index (HDI): Combines GDP with factors such as health, education and living standards to assess quality of life.

Ha Trang (according to IMF, Howstuffworks)

Source: https://www.congluan.vn/du-bao-10-cuong-quoc-kinh-te-lon-nhat-the-gioi-2025-post334640.html