Skip to main content

RANKED: These will be the 32 most powerful economies in the world by 2050.

china fire dragon

Photo from Business Insider

By 2050, the world is likely to have changed drastically from what we know now, and the planet's economic and financial landscape will be no exception.
A report from professional services giant PwC looks at which economies around the world will be the biggest and most powerful in 33 years time.
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.
Check out the ranking below (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):

32. Netherlands — $1.496 trillion.

32. Netherlands — $1.496 trillion.REUTERS/Michael Kooren

31. Colombia — $2.074 trillion.

31. Colombia — $2.074 trillion.Flickr/mariusz kluzniak

30. Poland — $2.103 trillion.

30. Poland — $2.103 trillion.Business Insider/Charles Clark

29. Argentina — $2.365 trillion.

29. Argentina — $2.365 trillion. Reuters/Reuters Photographer

28. Australia — $2.564 trillion.

28. Australia — $2.564 trillion.REUTERS/Philip Brown

27. South Africa — $2.570 trillion.

27. South Africa — $2.570 trillion.AP Photo/Eugene Hoshiko)

26. Spain — $2.732 trillion.

26. Spain — $2.732 trillion.Reuters/Jon Nazca

25. Thailand — $2.782 trillion.

25. Thailand — $2.782 trillion.Sorin Colac / Shutterstock.com

24. Malaysia — $2.815 trillion.

24. Malaysia — $2.815 trillion.gracethang2/Shutterstock

23. Bangladesh — $3.064 trillion.

23. Bangladesh — $3.064 trillion.Reuters/Eduardo Munoz

22. Canada — $3.1 trillion.

22. Canada — $3.1 trillion.Getty

21. Italy — $3.115 trillion.

21. Italy — $3.115 trillion.ANSA-PERI/DI MEO/ZENNARO

20. Vietnam — $3.176 trillion.

20. Vietnam — $3.176 trillion.AP

19. Philippines — $3.334 trillion.

19. Philippines — $3.334 trillion.REUTERS/Romeo Ranoco

18. South Korea — $3.539 trillion.

18. South Korea — $3.539 trillion.REUTERS/Kim Hong-Ji

17. Iran — $3.900 trillion.

17. Iran — $3.900 trillion.REUTERS/Fadi Al-Assaad

16. Pakistan — $4.236 trillion.

16. Pakistan — $4.236 trillion.Flickr/manalkhan

15. Egypt — $4.333 trillion.

15. Egypt — $4.333 trillion.REUTERS/Mohamed Abd El Ghany

14. Nigeria — $4.348 trillion.

14. Nigeria — $4.348 trillion.Marcos Brindicci/REUTERS

13. Saudi Arabia — $4.694 trillion.

13. Saudi Arabia — $4.694 trillion.Reuters

12. France — $4.705 trillion.

12. France — $4.705 trillion.Harry Engels/Getty Images

11. Turkey — $5.184 trillion.

11. Turkey — $5.184 trillion.Osman Orsal/Reuters

10. United Kingdom — $5.369 trillion.

10. United Kingdom — $5.369 trillion.Getty

9. Germany — $6.138 trillion.

9. Germany — $6.138 trillion.Pixabay

8. Japan — $6.779 trillion.

8. Japan — $6.779 trillion.Shige.H / Shutterstock

7. Mexico — $6.863 trillion.

7. Mexico — $6.863 trillion.Flickr/LWY

6. Russia — $7.131 trillion.

6. Russia — $7.131 trillion.Shutterstock

5. Brazil — $7.540 trillion.

5. Brazil — $7.540 trillion.Getty

4. Indonesia — $10.502 trillion.

4. Indonesia — $10.502 trillion.Tatan Syuflana/AP

3. United States — $34.102 trillion.

3. United States — $34.102 trillion.Ian Walton/Getty Images

2. India — $44.128 trillion.

2. India — $44.128 trillion.euters/Shailesh Andrade

1. China — $58.499 trillion.

1. China — $58.499 trillion.REUTERS/Stringer
Source and Original Article from: >>> Business Insider

Comments

Post a Comment
Related Posts Plugin for WordPress, Blogger...

Popular posts from this blog

‘Worst yet to come’

Malacañang on Wednesday agreed with the assessment of the World Health Organization (WHO) that the worst of the coronavirus disease 2019 (Covid-19) pandemic “is yet to come.” Palace spokesman Harry Roque Jr. said Duterte consulted with health experts because he believed that the threats posed by the Covid-19 pandemic were far from over. “We take seriously the remarks of World Health Organization Director General Tedros Adhanom Ghebreyesus that the ‘worst of the coronavirus 2019 is yet to come.’ We further agree with the WHO chief’s assertion that ‘it’s a virus that many people still don’t understand,’” Roque said. “It is for this reason that President Duterte has been in consultation with experts across different sectors on how to best address the Covid-19 situation in the country,” he added. On Monday, Duterte consulted with different health experts in Malacañang to help him decide if the Luzon-wide enhanced community quarantine (ECQ) sh...
Post a Comment
Read more

DOST-ITDI develops 3D printed respirators and ventilator parts

The Department of Science and Technology-Industrial Technology Development Institute (DOST-ITDI) has developed a 3D printed respirator venturi valves for the use in treatment of coronavirus disease 2019 (COVID-19) patients. In a Facebook post on Wednesday, the DOST-ITDI said it has delivered last April 14 the two prototypes of 3D printed respirator venturi valves to the National Children’s Hospital in Quezon City. The department said there are 3D printed prototypes of parts of the Multiple Patient Ventilator Splitter and Mechanic Ventilator-Mini-War-Zone that were also made. Currently, there are five hospitals in Metro Manila that are waiting for their prototypes of ventilator parts, it added. This project is an initiative of DOST-ITDI Director Dr. Annabelle V. Briones and Materials Science Division Chief Dr. Blessie A. Basilia who is also Multiple Materials Platform for Additive Manufacturing Project (MATDEV) Team Leader. The MATDEV Team, using Fused Deposition Mod...
Post a Comment
Read more

Sunlight destroys coronavirus quickly, says US agency

© MANDEL NGAN  US President Donald Trump listens to Department of Homeland Security Under Secretary for Science and Technology William Bryan speak during the daily briefing on the novel coronavirus The new coronavirus is quickly destroyed by sunlight, according to a new study announced by a senior US official on Thursday, offering hope that its spread may ease over the summer. William Bryan, science and technology advisor to the secretary of the Department of Homeland Security, told reporters at the White House that government scientists had found ultraviolet rays had a potent impact. "Our most striking observation to date is the powerful effect that solar light appears to have on killing the virus, both surfaces and in the air," he said. "We've seen a similar effect with both temperature and humidity as well, where increasing the temperature and humidity or both is generally less favorable to the virus." He then showed a slide summarizing...
Post a Comment
Read more