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World's top 10 richest countries in 2050

Last updated on: August 23, 2012 12:24 IST

World's top 10 richest countries in 2050

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The London School of Economics professor Danny Quah forecasts that by 2050 the world's economic centre of gravity, a theoretical measure of the focal point of global economic activity based on GDP, will have shifted eastwards, as quoted in the Wealth Report 2012 by Knight Frank & Citi Private Bank.

There are now 18,000 centa-millionaires in the region covering South-East Asia, China and Japan.

While these countries can expect rapid economic growth, much of the wealth already held in developed economies will be maintained, according to Citi.

So, take a look at the top ten richest nations in terms of GDP (PPP) in 2050...

Note: GDP by purchasing power parity (PPP)

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Photographs: Issei Kato/Reuters

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Singapore

Ranking: 1

2010: $ 56,532

2050: $137,710

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Image: An aerial view of Marina Bay and central business district skyline in Singapore
Photographs: David Loh/Reuters
Tags: , Singapore

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World's top 10 richest countries in 2050

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Hong Kong

Ranking: 2

2010: $45,301

2050: $116,639

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Image: A view of Hong Kong's financial district
Photographs: Tyrone Siu/Reuters
Tags: , Hong Kong

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Taiwan

Ranking: 3

2010: NA

2050: $114, 093

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Photographs: Alberto Barleycom/Reuters
Tags: , Taiwan

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South Korea

Ranking: 4

2010: NA

2050: $107,752

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Photographs: Reuters
Tags: , South Korea

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US

Ranking: 5

2010: $45,511

2050: $100,802

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Photographs: Reuters
Tags: , US

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Saudi Arabia

Ranking: 6

2010: NA

2050: $98,311

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Image: The Kingdom Tower stands in the night in Riyadh, Saudi Arabia
Photographs: Ali Jarekji/Reuters
Tags: , Saudi Arabia

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Canada

Ranking: 7

2010: $38,640

2050: $96,375

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Photographs: Chris Wattie/Reuters
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United Kingdom

Ranking: 8

2010: NA

2050: $91,130

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Photographs: Reuters

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Switzerland

Ranking: 9

2010: $42,470

2050: $90,956

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Image: A general view shows the city of Zurich, Lake Zurich and the eastern Swiss Alps
Photographs: Arnd Wiegmann/Reuters
Tags: , Switzerland

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Austria

Ranking: 10

2010: $39,0773

2050: $90,158


Photographs: Mike Blake/Reuters
Tags: Austria

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