Over the past ten years, the global economy has changed significantly, not only in terms of GDP, but also in terms of the growth rates of the largest countries. Visual Capitalist reports that from 2015 to 2025, the GDP growth rates of the leading countries varied significantly, and it was precisely this growth dynamics that became the key factor in their new distribution in the global economy.
Growth Leaders
India has become the undisputed leader of the decade. According to estimates, its economy will grow by 77% between 2015 and 2025. In absolute terms, this means an increase in GDP from $2.4 trillion to $4.3 trillion.
This result will allow India to enter the top five largest economies in the world and consolidate its status as one of the main drivers of global growth.
China ranks second in terms of GDP growth, at 74% over the decade. However, scale is important here: in 2015, the Chinese economy was already estimated at $11.2 trillion, and by 2025, this figure will reach $19.4 trillion. Despite the slowdown compared to previous periods, China remains the world’s second largest economy.
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In third place is Turkey with a 59% increase in GDP growth. It is followed by Indonesia, whose economy will grow by 51% over ten years. The US is also in the top 5, with US GDP set to increase by 28% over this period.
The ten countries with the fastest-growing economies also include South Korea (27% growth), Egypt (71%), Bangladesh (71%), and Vietnam (65%). This confirms the global trend of growth in the developing markets of Asia and the Middle East.
Less impressive development indicators were demonstrated by developed countries facing problems of stagnation or structural reforms.
In Japan, growth over ten years was only 6%, one of the lowest figures among the world’s largest economies.
In Brazil, growth was 8%, which was affected by the aftermath of the economic crisis of the mid-2010s and instability during the pandemic.
Russia’s GDP increased by 9% over ten years. At the same time, France reported an increase of 14%, the UK 16%, and Germany is expected to see 19%.
Outlook for 2025-2026
According to the International Monetary Fund (IMF) forecast, global economic GDP growth will remain at 3.3% in 2025 and 2026. This is below the historical average of 3.7% for the period 2000-2019.
The IMF notes that despite the resilience of the global economy, risks remain related to geopolitical instability, rising debt burdens, and inflation.
At the same time, the World Bank forecasts more modest growth rates for the global economy. According to its estimates, global growth will be 2.7% in 2025–2026. Particularly high growth rates are expected in Africa and Asia. In 2025, South Sudan could increase its GDP by 27.2%, Libya by 13.7%, and Senegal by 9.3%. These figures are largely explained by the low base effect, recovery from crises, and dependence on raw material exports. Vietnam, India, Bangladesh, Rwanda, and Ethiopia are also among the countries with steady growth rates. They are united by a young population structure, growing domestic demand, and inflows of investment in infrastructure and manufacturing.
Developed economies, on the other hand, are showing subdued growth. The US will grow by 2.3% in 2025, and the eurozone countries by an average of 1%. China, despite its higher base, will face a slowdown to 4.5%, partly due to demographic and structural constraints.
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