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Discover the top 10 richest countries in the world in 2025 based on nominal GDP and GDP per capita. Explore global rankings, economic size, regional insights, and average income.
When we talk about the “richest countries in the world,” we measure them using two key indicators: Gross Domestic Product (GDP) and GDP per capita.
First, let’s discuss what GDP is.
GDP is the total value of all goods and services produced in a country in a year. It indicates how large the country’s economy is.
GDP per capita divides that total by the number of people in the country, which gives a rough idea of the average income per person.
In this blog, we will rank the countries using the nominal GDP. This means we will use the current value of the dollar without adjusting for currency differences.
This method will help us compare the size of the economies, while GDP per capita will help us indicate the wealth of average citizens.
Richest Countries in the World by Total Wealth
According to the GDP, the U.S., China, Germany, Japan, and India are the top five richest economies in the world.
1. United States
The US is the largest economy in the world, with a GDP of $30.5 trillion. Its primary contributor to the GDP is the country’s service sector, which includes financial services, insurance, real estate, healthcare, and professional and business services.
2. China
China is the second-largest economy in the world according to its GDP in current dollars. Over the past two decades, the country has seen historic growth, competing with the US for the top spot.
3. Germany
Germany is the third richest country in the world according to the nominal GDP. It is also the largest economy in Europe.
Germany has a highly skilled workforce and is the biggest exporter of vehicles, chemicals, and machinery.
4. Japan
Japan’s strength lies in its innovative technological advancements. It is the foundation of Japan’s manufacturing and export-orientated economy.
It is the fourth-largest economy in the world, which is due to its robust service industry, rapidly growing technology industry, and manufacturing.
5. India
India falls among the top five largest economies in the world despite its $2,880 GDP per capita, the lowest among the top ten countries.
ts high position on the table is due to its $4.19 trillion GDP, which is at par with Japan. India’s economy is rapidly growing owing to sectors like agriculture, services, technology, and manufacturing.
Check out the list of richest Indian cities in 2025.
6. United Kingdom
The United Kingdom’s economy is an amalgamation of finance, manufacturing, services, and creative sectors.
London is the country’s global financial hub, while sectors like technology, healthcare, and creative industries also play an important role in driving the GDP.
7. France
France has a diversified economy powered by strong sectors like aerospace, luxury goods, tourism, and agriculture.
It is a global leader in fashion and wine, while Paris remains a financial and business sector in the European Union.
8. Italy
Italy’s economy is supported by manufacturing, tourism, fashion, and agriculture. It is known for high-end automotive and luxury goods production.
Regions like Lombardy and Emilia-Romagna serve as Italy’s industrial hub. Its national GDP is also driven by tourism.
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9. Canada
Canada’s economy is highly driven by natural resources, energy exports, manufacturing, and a strong service sector.
It is one of the largest producers of oils and minerals, while finance, real estate, and technology contribute significantly to overall GDP.
10. Brazil
Agriculture, mining, and energy are the driving forces behind Brazil’s $2.13 trillion GDP. It is a leading exporter of soybeans, iron ore, and oil.
Moreover, its large consumer market and growing services sector play a major role in the GDP growth.
Wealthiest Countries in the World (GDP per capita)
Now that we know the richest countries according to the nominal GDP of each country, let’s take a look at the richest countries by GDP per capita.
These countries are those where the average citizen’s wealth is also considered.
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