What will the World’s Most Powerfull Economies in 2050!

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PriceWaterhouseCoopers published estimates of what will the most powerful economies in the world in 2050.

What will the World s Most Powerfull Economies in 2050

The report “The Long view: How will the global economic order change by 2050?” Is based on GDP according to the purchasing power parity of 32 countries.

What is the Purchasing Power Parity (PPP)?

The purchasing power parity (PPP) is used by economists to determine the economic efficiency and living standards of the countries within a certain period of time.

According to the findings of PwC, in 2050 some countries will maintain their usual places since past, on the other hand some countries will rise, others will fall.

Emerging Economies Will Be More Powerfull Than Growth Economies!

Especially the report indicates that, in 1995 the economic power of seven emerging countires (E7) was half the size of the most growth seven ecenomies of the World (G7). By 2015, the economic power of E7 and G7 were around the same size. According the projection of PwC, in year 2050, The economic power of E7 could be the double size of the G7.

Greatest moves from Vietnam, the Philippines and Nigeria

According to the report, the countries which will make the greatest rise are Vietnam, the Philippines and Nigeria. Currently, Vietnam is 32nd powerfull economy in the World, the expectation of this country is to increase its ranking to 20th place. The Philippines is in 28th place now and expected to rise 9 places to 19th ranking. Finally Nigeria is 22nd at the present time and predicted to seat in 14th place.

Here are the countries listed:

  1. Netherlands

The Netherlands has 866 $bn GDP at PPP in 2016 and is in 26th place in the World’s most powerful economies. According to the Report, the GDP at PP of the Netherlands will rise to 1496 $bn, however the ranking will decrease to 32nd.

netherlands gdp 2050
  1. Colombia

Colombia is ranked in 30th place with 690$bn GDP at PPP, and expected to decrease to 31st ranking although its GDP will rise to 2074$bn.

colombia gdp 2050
  1. Poland

Current ranking of Poland is 23th with 1052$bn GDP, but in 2050 it is expected to have 30th rank with 2103 $bn GDP.

poland gdp 2050
  1. Argentina

The Argentina has 879 $bn GDP, and in 25th place now. The GDP is expected to be 2365 $bn, however the ranking will decrease to 29th.

argentina gdp 2050
  1. Australia

Australia is ranked in 19th place with 1189$bn GDP at this time, and expected to decrease to 28th rank although its GDP will rise to 2365$bn.

australia gdp 2050
  1. South Africa

GDP is expected to rise from 736 to 2570 $bn and the ranking is also expected to  rise from 29 to 27.

south africa gdp 2050
  1. Spain

GDP is expected to rise from 1690 to 2732 $bn and the ranking is also expected to fall from 16 to 26.

spain gdp 2050
  1. Thailand

GDP is expected to rise from 1161 to 2782$bn and the ranking is also expected to fall from 20 to 25.

thailand gdp 2050
  1. Malaysia

GDP is expected to rise from 864 to 2815$bn and the ranking is also expected to rise from 27 to 24.

malaysia gdp 2050
  1. Bangladesh

GDP is expected to rise from 628 to 3064$bn and the ranking is also expected to rise from 31 to 23.

bangladesh gdp 2050
  1. Canada

GDP is expected to rise from 1674 to 3100$bn and the ranking is also expected to fall from 17 to 22.

canada gdp 2050
  1. Italy

GDP is expected to rise from 2221 to 3115$bn and the ranking is also expected to fall from 12 to 21.

italy gdp 2050
  1. Vietnam

GDP is expected to rise from 595 to 3176$bn and the ranking is also expected to rise from 32 to 20.

vietnam gdp 2050
  1. Philippines

GDP is expected to rise from 802 to 3334$bn and the ranking is also expected to rise from 28 to 19.

philippines gdp 2050
  1. South Korea

GDP is expected to rise from 1929 to 3539$bn and the ranking is also expected to fall from 13 to 18.

south korea gdp 2050
  1. Iran

GDP is expected to rise from 1459 to 3900$bn and the ranking is also expected to rise from 18 to 17.

iran gdp 2050
  1. Pakistan

GDP is expected to rise from 988 to 4236$bn and the ranking is also expected to rise from 24 to 16.

pakistan gdp 2050
  1. Egypt

GDP is expected to rise from 1105 to 4333$bn and the ranking is also expected to rise from 21 to 15.

egypt gdp 2050
  1. Nigeria

GDP is expected to rise from 1089 to 4348$bn and the ranking is also expected to rise from 22 to 14.

nigeria gdp 2050
  1. Saudi Arabia

GDP is expected to rise from 1731 to 4694$bn and the ranking is also expected to rise from 15 to 13.

saudi arabia gdp 2050
  1. France

GDP is expected to rise from 2737 to 4705$bn and the ranking is also expected to fall from 10 to 12.

france gdp 2050
  1. Turkey

GDP is expected to rise from 1906 to 5184$bn and the ranking is also expected to rise from 14 to 11.

turkey gdp 2050
  1. United Kingdom

GDP is expected to rise from 2788 to 5369$bn and the ranking is also expected to fall from 9 to 10.

united kingdom gdp 2050
  1. Germany

GDP is expected to rise from 3979 to 6138$bn and the ranking is also expected to fall from 5 to 9.

germany gdp 2050
  1. Japan

GDP is expected to rise from 4932 to 6779$bn and the ranking is also expected to fall from 4 to 8.

japan gdp 2050
  1. Mexico

GDP is expected to rise from 2307 to 6863$bn and the ranking is also expected to rise from 11 to 7.

mexico gdp 2050
  1. Russia

GDP is expected to rise from 3745 to 7131$bn and the ranking is also expected to be the same at 6.

russia gdp 2050
  1. Brazil

GDP is expected to rise from 3135 to 7540$bn and the ranking is also expected to rise from 7 to 5.

brasil gdp 2050
  1. Indonesia

GDP is expected to rise from 3028 to 10502$bn and the ranking is also expected to rise from 8 to 4.

indonesia gdp 2050
  1. United States

GDP is expected to rise from 18562 to 34102$bn and the ranking is also expected to fall from 2 to 3.

india gdp 2050
  1. India

GDP is expected to rise from 8721 to 44128$bn and the ranking is also expected to rise from 3 to 2.

china gdp 2050

1.China

GDP is expected to rise from 21269 to 58499$bn and the ranking is also expected to be the same at 1st.

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