Year 2050: World's top 10 economies
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While there is little doubt that the emerging economies present the best chances for economic growth, not all countries will prosper at the same rate, says the Wealth Report 2012 by Knight Frank & Citi Private Bank
The International Monetary Fund predicts emerging economies will expand by 5.4 per cent this year and 5.9 per cent next year.
While this certainly marks a significant downgrade from previous forecasts, it still outpaces the average GDP growth of 1.2 per cent and 1.9 per cent expected this year and next year in advanced economies.
Citi research shows that while China and India are likely to grow rapidly over the next 40 years, there are other key countries with promising chances for growth.
Take a look at the top ten nations in terms of GDP (PPP) in 2050...
1. India
GDP (PPP): $85.97 trillion
GDP by purchasing power parity (PPP)
Image: People sit inside a restaurant at the Emporio mall in New Delhi.
Photographs: Adnan Abidi/Reuters.
Year 2050: World's top 10 economies
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2. China
GDP (PPP): $80.02 trillion
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Image: A man takes a photo for his daughter in front of a Christmas tree at a shopping mall in Shenyang.
Photographs: Sheng Li/Reuters.
Year 2050: World's top 10 economies
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3. United States
GDP (PPP): $39.07 trillion
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Image: US President Barack Obama buys a bone for his dog Bo (R) in Alexandria, Virginia.
Photographs: Kevin Lamarque/Reuters.
Year 2050: World's top 10 economies
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4. Indonesia
GDP (PPP): $13.93 trillion
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Image: Men look at a Lamborghini on display at a shopping mall in Jakarta.
Photographs: Enny Nuraheni/Reuters.
Year 2050: World's top 10 economies
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5. Brazil
GDP (PPP): $11.58 trillion
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Image: Shoppers walk in a mall in Refice, northeast Brazil.
Photographs: Bruno Domingos/Reuters.
Year 2050: World's top 10 economies
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6. Nigeria
GDP (PPP): $9.51 trillion
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Image: A Nigerian man looks at a vehicle by German carmaker Porsche in Lagos.
Photographs: Monica Mark/Reuters.
Year 2050: World's top 10 economies
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7. Russia
GDP (PPP): $7.77 trillion
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Image: Cars drive past sightseers on a bridge over the Moskva river near a Stalin era skyscraper in central Moscow.
Photographs: Anton Golubev/Reuters.
Year 2050: World's top 10 economies
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8. Mexico
GDP (PPP): $6.57 trillion
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Image: An aerial view of the Basilica of the Virgin of Guadalupe in Mexico.
Photographs: Reuters.
Year 2050: World's top 10 economies
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9. Japan
GDP (PPP): $6.48 trillion
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Image: Pedestrians cross a street in front of the Bank of Japan (BOJ) headquarters building in Tokyo.
Photographs: Yuriko Nakao/Reuters.
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