Which country will be the richest in 2050?
Here’s a list of the 10 countries that will dominate the world’s economy in 2050 according to PwC’s ‘The World in 2050’ report.
- China. GDP in PPP terms by 2050: $58.5 trillion.
- India. GDP in PPP terms by 2050: $44.1 trillion.
- United States. GDP in PPP terms by 2050: $34.1 trillion.
- Indonesia.
- Brazil.
- Russia.
- Mexico.
- Japan.
How will the global economic order change by 2050?
By 2050, the E7 economies could have increased their share of world GDP from around 35% to almost 50%. China could be the largest economy in the world, accounting for around 20% of world GDP in 2050, with India in second place and Indonesia in fourth place (based on GDP at PPPs).
How will the economy look in 2050?
The global economic balance is expected to change significantly between now and 2050. By 2050, Asia’s share of the global market share of GDP will grow to over 50% (driven largely by China and India). North American and Europe will account for about 20% each, while the rest of the world will account for less than 10%.
Which country will be the most powerful in 2050?
In 2050, China is expected to be the world’s richest, and probably the most powerful, economy, with a GDP of $24.62 trillion and a per capita income of $17,759. China’s income per capita will still only be roughly a third of that in the US, so there is room for considerably more growth.
What would be the population of Earth in 2050?
By the year 2050, there will be some 9.7 billion people living on Earth, says a UN population report. However, the overall growth rate will continue to fall, and more countries will have to adapt to the consequences of an ageing population.
What will happen in the year 2050?
According to this study, 9.075 billion people will inhabit Earth in 2050, against 7 billion today. This increase amounts to adding to the current world population the combined populations of China and India, stresses the population division of the United Nations.