According to a YouTube presentation , PriceWaterhouseCoopers predicts that by 2050, the world's top 10 largest economies by GDP in nominal terms (denominated in trillion US dollars) will be as follows -
- No. 1 - China (50)
- No. 2 - USA (34)
- No. 3 - India (28)
- No. 4 - Indonesia (7.3)
- No. 5 - Japan (6.8)
- No. 6 - Brazil (6.5)
- No. 7 - Germany (6.1)
- No. 8 - Mexico (5.6)
- No. 9 - United Kingdom (5.4)
- No.10 - Russia (5.1)
This forecast means that by 2050,
- China's economy will be almost 1.5 times larger than the United States as number 2 and almost 10 times the UK as number 9.
- China plus India's will be larger than the rest of the top ten economies combined.
- The size of Indonesia's economy will leapfrog from the 16th position today to the 4th, while Mexico will jump from the 15th to the 8th.
- China with the rest of the developing top ten will be 86% larger than the Western top ten combined (excluding Russia).
These numbers suggest that dynamics are already set in motion shaping a tectonic shift of world power by mid-century.
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