• 16 Jul, 2024

TOP 25 WORLD'S BIGGEST ECONOMIES - 2050 PROJECTED GDP

TOP 25 WORLD'S BIGGEST ECONOMIES - 2050 PROJECTED GDP

TOP 25 WORLD'S BIGGEST ECONOMIES - 2050 PROJECTED GDP

 

In this Video We have presented Top 25 Largest Economies in the world in 2050 as per PWC report. Currently China is the Largest Economy of the world in terms of GDP PPP followed by United States and India. The world economy could more than double in size by 2050, far outstripping population growth, due to continued technology-driven productivity improvements Emerging markets (E7) could grow around twice as fast as advanced economies (G7) on average As a result, six of the seven largest economies in the world are projected to be emerging economies in 2050 led by China (1st), India (2nd) and Indonesia (4th) The US could be down to third place in the global GDP rankings while the EU27’s share of world GDP could fall below 10% by 2050 UK could be down to 10th place by 2050, France out of the top 10 and Italy out of the top 20 as they are overtaken by faster growing emerging economies like Mexico, Turkey and Vietnam respectively But emerging economies need to enhance their institutions and their infrastructure significantly if they are to realise their long-term growth potential. 

................................................................................ The Ranking Is As Follows: 25. Thailand 24. Malaysia 23. Bangladesh 22. Canada 21. Italy 20. Vietnam 19. Philippines 18. South Korea 17. Iran 16. Pakistan 15. Egypt 14. Nigeria 13. Saudi Arabia 12. France 11. Turkey 10. United Kingdom 9. Germany 8. Japan 7. Mexico 6. Russia 5. Brazil 4. Indonesia 3. United States Of America (USA) 2. INDIA 1. China

 

"TOP 25 WORLD'S BIGGEST ECONOMIES - 2050 PROJECTED GDP," the speaker discusses the findings of a report by PwC (PricewaterhouseCoopers) regarding the projected size of the world's economies by 2050. According to the report, China is expected to maintain its position as the largest economy, with a projected Gross Domestic Product (GDP) of $114 trillion. The United States is projected to come in second place with a GDP of $89 trillion. India is predicted to surpass Japan and become the third-largest economy, with a GDP of $61 trillion. Other notable economies in the top 25 include Germany, the United Kingdom, and Brazil. The speaker emphasizes that these projections are subject to change due to various factors such as political instability, technological advancements, and demographic shifts.