202601.08
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No Major Economy Grew Faster than China in 2025. Germany Remains the Largest Economy in Europe

With a GDP of $30.6 trillion, the United States remains the undisputed global economic leader and is expected to maintain this leadership for years to come.

However, while US GDP is growing at an average annual rate of 2.1%, the closest competitor, China, is growing at an average annual rate of 8%.

Overall, no major economy has grown faster than China. In 2000, China’s economy grew from $1.2 trillion to $19.4 trillion today, increasing its influence on global production and trade.

Germany remains in third place and Europe’s largest economy, with a GDP of $5 trillion and an average annual growth rate of 1%.

Japan is in fourth place with a GDP of $4.28 trillion and an average annual GDP growth rate of 0.6%. India has overtaken the United Kingdom to become the world’s fifth largest economy, with a GDP of $4.1 trillion.

India’s average growth rate over the past 25 years has been 6.4%. For example, India’s projected growth rate in 2026 is 6.3%, compared to just 4% for China.

The United Kingdom is in sixth place with a GDP of $3.96 trillion and an average annual GDP growth rate of 1.5%.