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Visualizing The World's Largest 10 Economies In 2030
01-13-2019, 07:08 AM,
#1
Visualizing The World's Largest 10 Economies In 2030
Visualizing The World's Largest 10 Economies In 2030

<p><strong>Today’s emerging markets are tomorrow’s powerhouses, </strong>according to a <a href="https://www.businessinsider.com/us-economy-to-fall-behind-china-within-a-year-standard-chartered-says-2019-1">recent forecast</a> from Standard Chartered, a multinational bank headquartered in London.</p>

<p>The bank sees developing economies like Indonesia, Turkey, Brazil, and Egypt all moving up the ladder – and<strong> by 2030, it estimates that seven of the world’s largest 10 economies by GDP (PPP) will be located in emerging markets.</strong></p>

<div style="clear:both"><a href="https://www.visualcapitalist.com/worlds-largest-10-economies-2030/"><img border="0" height="1091" src="https://2oqz471sa19h3vbwa53m33yj-wpengine.netdna-ssl.com/wp-content/uploads/2019/01/gdp-2030-projections.png" width="501" /></a></div>

<p><em>Courtesy of: <a href="https://www.visualcapitalist.com">Visual Capitalist</a></em></p>

<h2><u>COMPARING 2017 VS. 2030</u></h2>

<p>To create some additional context, <a href="https://www.visualcapitalist.com/worlds-largest-10-economies-2030/">Visual Capitalists's Jeff Desjardins</a> has compared these projections to the IMF’s most recent data on GDP (PPP) for 2017. We’ve also added in potential % change for each country, if comparing these two data sets directly.</p>

<p>Here’s how the numbers change:</p>

<p><a data-image-external-href="" data-image-href="/s3/files/inline-images/2019-01-12_11-40-11.jpg?itok=3T4g6IPd" data-link-option="0" href="https://www.zerohedge.com/s3/files/inline-images/2019-01-12_11-40-11.jpg?itok=3T4g6IPd"><img data-entity-type="file" data-entity-uuid="d576341a-ba55-4c75-9b90-a362b8513a43" data-responsive-image-style="inline_images" height="276" width="500" srcset="https://zh-prod-1cc738ca-7d3b-4a72-b792-20bd8d8fa069.storage.googleapis.com/s3fs-public/styles/inline_image_desktop/public/inline-images/2019-01-12_11-40-11.jpg?itok=3T4g6IPd 1x" src="https://zh-prod-1cc738ca-7d3b-4a72-b792-20bd8d8fa069.storage.googleapis.com/s3fs-public/inline-images/2019-01-12_11-40-11.jpg" alt="" typeof="foaf:Image" /></a></p>

<p><strong>Possibly the biggest surprise on the list is Egypt, a country that Standard Chartered sees growing at a torrid pace over this timeframe.</strong></p>

<p>If comparing using the 2017 IMF figures, the difference between the two numbers is an astonishing 583%. This makes such a projection quite ambitious, especially considering that organizations such as the IMF see Egypt averaging closer to 8% in annual GDP growth (PPP) over the next few years.</p>

<h2><u>THE ASCENT OF EMERGING MARKETS</u></h2>

<p>Egypt aside, it’s likely that the ascent of emerging markets will continue to be a theme in future projections by other banks and international organizations.</p>

<p>By 2030, India will be the second largest economy in PPP terms according to many different models – and by then, it will also be the <a href="https://www.visualcapitalist.com/animation-comparing-china-vs-india-population-pyramids/">most populous country</a> in the world as well. (It’s expected to pass China in 2026)</p>

<p><strong>With the divide between emerging and developed economies closing at a seemingly faster rate than ever before, this should be seen as an interesting opportunity for all investors taking a long-term view.</strong></p><img src="http://feeds.feedburner.com/~r/zerohedge/feed/~4/rCQfb89VRN8" height="1" width="1" alt=""/>


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