Economy

Ranked: The World’s Top 20 Economies by GDP Growth (2015-2025)

Published

3 weeks ago

March 3, 2025

Pallavi Rao

Graphics/Design:

Anna Diederichs

See this visualization first on the Voronoi app.

Use This Visualization

Ranked: How the Top 20 Economies Have Grown Since 2015

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

Midway through the 2020s, it’s time for a quick look back at how the world’s top 20 economies have performed since 2015.

This graphic ranks countries by their forecasted gross domestic product (GDP) in 2025, and visualizes their inflation-adjusted growth since 2015.

The 2015 figure was calculated by reversing the effects of real GDP growth for every intervening year. All figures are in 2025 dollars.

Data for this chart is sourced from the International Monetary Fund.

China, the Champion of the 2010s

While both Asian giants grew their GDPs around 70% in the last decade, China did so off a much larger $11 trillion base.

Rank	Country Name	2015 GDP	2025 GDP	Inflation-Adjusted Growth
1	🇺🇸 U.S.	$23.7T	$30.3T	28%
2	🇨🇳 China	$11.2T	$19.5T	74%
3	🇩🇪 Germany	$4.5T	$4.9T	10%
4	🇯🇵 Japan	$4.1T	$4.4T	6%
5	🇮🇳 India	$2.4T	$4.3T	77%
6	🇬🇧 UK	$3.3T	$3.7T	14%
7	🇫🇷 France	$2.9T	$3.3T	12%
8	🇮🇹 Italy	$2.2T	$2.5T	11%
9	🇨🇦 Canada	$2.0T	$2.3T	17%
10	🇧🇷 Brazil	$2.1T	$2.3T	8%
11	🇷🇺 Russia	$1.9T	$2.1T	15%
12	🇰🇷 South Korea	$1.5T	$2.0T	29%
13	🇦🇺 Australia	$1.5T	$1.9T	25%
14	🇪🇸 Spain	$1.5T	$1.8T	23%
15	🇲🇽 Mexico	$1.6T	$1.8T	14%
16	🇮🇩 Indonesia	990B	$1.5T	51%
17	🇹🇷 Türkiye	918B	$1.5T	59%
18	🇳🇱 Netherlands	1.1T	$1.3T	21%
19	🇸🇦 Saudi Arabia	925B	$1.1T	23%
20	🇨🇭 Switzerland	841B	$1.0T	19%
N/A	🌏 World	$85.2T	115.3T	35%

Back then economists forecasted China overtaking the U.S. as the world’s top economy, however a pandemic slowdown and malaise in the real estate sector has since changed projections.

Meanwhile, India’s impressive growth has pushed it into a top five ranking, a spot the UK held back in 2015.

The IMF projects India will overtake Japan this year and Germany by 2027.

Other developing countries, Indonesia and Türkiye also saw impressive growth. For Türkiye, this is despite persistently high inflation since 2018 and a steadily depreciating lira.

If there had to be a laggard of this big 20 group, it would be Brazil. At 8% inflation-adjusted GDP growth, it’s the only country with a single-digit figure.

As a commodity exporter, the 2014 commodity price collapse affected the country, sending it into a recession. While recovery began, the pandemic had an impact as well, though now trade and investment are back at pre-pandemic levels.

Learn More on the Voronoi App

Curious to see how all these countries show up as a share of the global economy? Check out: The $115 Trillion World Economy in One Chart for a breakdown.