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IMF Expects China to Remain Second Largest Economy through 2025


Sun 29 Dec 2024 | 10:38 PM
Taarek Refaat

The International Monetary Fund (IMF)  predicted that by 2025, the global GDP will exceed the $115 trillion mark, and the US economy will continue to top the list, outperforming all other countries by up to $30.3 trillion, according to CNN.

However, expectations indicate that there will be significant changes in the ranking of countries in terms of economic size, as China remains in second place with $19.5 trillion.

According to the GDP of each country, the United States remains the largest economy in the world, and in 2025 it will maintain the lead at $30.3 trillion, followed by China with a GDP of $19.5 trillion, then Germany with $4.9 trillion, and then Japan in fourth place with a GDP of $4.3 trillion.

In fifth place, India comes with a GDP expected to reach $4.2 trillion, followed by the United Kingdom with about $3.7 trillion, then France in seventh place with about $3.2 trillion, followed by Italy with about $2.4 trillion.

Canada is ranked ninth among the world's largest economies by GDP, with an estimated $2.3 trillion, followed by Brazil in tenth place with $2.3 trillion.