32 most powerful economies in the world by 2050

Wednesday 19th April 2017 06:42 EDT
 

A report prepared by PwC looks at which economies around the world will be the biggest and most powerful in 33 years time – by 2050. The report, titled "The long view: how will the global economic order change by 2050?" ranked 32 countries by their projected global gross domestic product by purchasing power parity.

PPP is used by macroeconomists to determine the economic productivity and standards of living among countries across a certain time period. With the exception of the USA, many of the world's current powerhouse economies like Japan and Germany will have slipped down global rankings, replaced by countries such as India and Indonesia, which are currently emerging markets.

According to the report, the rankings are as follows. (All numbers cited in the slides are in US dollars and at constant values (for reference, the US's current PPP is $18.562 trillion):

  1. China — $58.499 trillion
  2. India — $44.128 trillion
  3. United States — $34.102 trillion
  4. Indonesia — $10.502 trillion
  5. Brazil — $7.540 trillion
  6. Russia — $7.131 trillion
  7. Mexico — $6.863 trillion
  8. Japan — $6.779 trillion
  9. Germany — $6.138 trillion
  10. United Kingdom — $5.369 trillion
  11. Turkey — $5.184 trillion
  12.  France — $4.705 trillion
  13.  Saudi Arabia — $4.694 trillion
  14.  Nigeria — $4.348 trillion
  15.  Egypt — $4.333 trillion
  16.  Pakistan — $4.236 trillion
  17.  Iran — $3.900 trillion

 18. South Korea — $3.539 trillion

 19. Philippines — $3.334 trillion

 20. Vietnam — $3.176 trillion

 21 Italy — $3.115 trillion

 22 Canada — $3.1 trillion

 23 Bangladesh — $3.064 trillion

 24 Malaysia — $2.815 trillion

 25 Thailand — $2.782 trillion

 26 Spain — $2.732 trillion

 27 South Africa — $2.570 trillion

 28 Australia — $2.564 trillion

 29 Argentina — $2.365 trillion

 30 Poland — $2.103 trillion

 31 Colombia — $2.074 trillion

 32 Netherlands — $1.496 trillion

  1. 32. Netherlands — $1.496 trillion.

31. Colombia — $2.074 trillion.

30. Poland — $2.103 trillion.

29. Argentina — $2.365 trillion.

28. Australia — $2.564 trillion.

27. South Africa — $2.570 trillion.

26. Spain — $2.732 trillion.

25. Thailand — $2.782 trillion.

24. Malaysia — $2.815 trillion.

23. Bangladesh — $3.064 trillion.

22. Canada — $3.1 trillion.

21. Italy — $3.115 trillion.

20. Vietnam — $3.176 trillion.

19. Philippines — $3.334 trillion.

18. South Korea — $3.539 trillion.

17. Iran — $3.900 trillion.

16. Pakistan — $4.236 trillion.

15. Egypt — $4.333 trillion.

14. Nigeria — $4.348 trillion.

13. Saudi Arabia — $4.694 trillion.

12. France — $4.705 trillion.

11. Turkey — $5.184 trillion.

10. United Kingdom — $5.369 trillion.

9. Germany — $6.138 trillion.

8. Japan — $6.779 trillion.

7. Mexico — $6.863 trillion.

6. Russia — $7.131 trillion.

5. Brazil — $7.540 trillion.

4. Indonesia — $10.502 trillion.

3. United States — $34.102 trillion.

2. India — $44.128 trillion.

1. China — $58.499 trillion.


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