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15 economies that will rule the world by 2050

Last updated on: January 23, 2013 07:36 IST
Skaters enjoy the ice on a giant rink at the Grand Palais exhibition hall in Paris.

Many of the world's top economic powers are now in a state of permanent decline, due to rising amounts of retirees, declining amounts of workers, and population disadvantages, according to Business Insider.

And by 2050, they'll be replaced by fast rising emerging markets primed for growth due to high working age populations, it says. But which countries will be the major players?

Let's take a look at some of the economic powerhouses by 2050.

Source: Business Insider

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15 economies that will rule the world by 2050

Last updated on: January 23, 2013 07:36 IST
Deshengmen Embrasure Watchtower is lit by coloured lights in Beijing.

China

Size of Economy (Year 2000 dollars): $24.62 trillion

Income per capita (Year 2000 dollars): $17.372

Global rank: 1

NOTE: The estimate of the size of the economy and per capita income here and subsequently is based on the dollar's exchange rate in year 2000

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15 economies that will rule the world by 2050

Last updated on: January 23, 2013 07:36 IST
South view of New York City.

The United States

Size of Economy (Year 2000 dollars): $22.27 trillion

Income per capita (Year 2000 dollars): $55,134

Global rank: 2

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15 economies that will rule the world by 2050

Last updated on: January 23, 2013 07:36 IST
Shoppers leave a retail store inside a mall in Mumbai.

India

Size of Economy (Year 2000 dollars): $8.17 trillion

Income per capita (Year 2000 dollars): $5,060

Global rank: 3

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15 economies that will rule the world by 2050

Last updated on: January 23, 2013 07:36 IST
Japan's Mt Fuji, covered with snow, is seen through Shinjuku skyscrapers in Tokyo.

Japan

Size of Economy (Year 2000 dollars): $6.43 trillion

Income per capita (Year 2000 dollars): $63,244

Global rank: 4

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15 economies that will rule the world by 2050

Last updated on: January 23, 2013 07:36 IST
Kurfuerstendamm boulevard in Berlin.

Germany

Size of Economy (Year 2000 dollars): $3.71 trillion

Income per capita (Year 2000 dollars): $52,683

Global rank: 5

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15 economies that will rule the world by 2050

Last updated on: January 23, 2013 07:36 IST
Pedestrians walk along Oxford Street in central London.

The United Kingdom

Size of Economy (Year 2000 dollars): $3.58 trillion

Income per capita (Year 2000 dollars): $49,412

Global rank: 6

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15 economies that will rule the world by 2050

Last updated on: January 23, 2013 07:36 IST
A view of Refice, northeast Brazil.

Brazil

Size of Economy (Year 2000 dollars): $2.96 trillion

Income per capita (Year 2000 dollars): $13,547

Global rank: 7

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15 economies that will rule the world by 2050

Last updated on: January 23, 2013 07:36 IST
Ice skaters are seen on a skating rink in Mexico City's historic Zocalo square.

Mexico

Size of Economy (Year 2000 dollars): $2.81 trillion

Income per capita (Year 2000 dollars): $21,793

Global rank: 8

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15 economies that will rule the world by 2050

Last updated on: January 23, 2013 07:36 IST
A view of Champs Elysees Avenue and the Arc de Triomphe monument in Paris.

France

Size of Economy (Year 2000 dollars): $2.75 trillion

Income per capita (Year 2000 dollars): $40,643

Global rank: 9

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15 economies that will rule the world by 2050

Last updated on: January 23, 2013 07:36 IST
A worker cleans away snow around the Centennial Flame on Parliament Hill in Ottawa.

Canada

Size of Economy (Year 2000 dollars): $2.29 trillion

Income per capita (Year 2000 dollars): $51,485

Global rank: 10

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15 economies that will rule the world by 2050

Last updated on: January 23, 2013 07:36 IST
Women use smartphones in front of the Trevi Fountain in Rome.

Italy

Size of Economy (Year 2000 dollars): $2.19 trillion

Income per capita (Year 2000 dollars): $38,445

Global rank: 11

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15 economies that will rule the world by 2050

Last updated on: January 23, 2013 07:36 IST
Istanbul's financial district.

Turkey

Size of Economy (Year 2000 dollars): $2.15 trillion

Income per capita (Year 2000 dollars): $22,063

Global rank: 12

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15 economies that will rule the world by 2050

Last updated on: January 23, 2013 07:36 IST
Part of Gangnam area is seen down the Han River in Seoul.

South Korea

Size of Economy (Year 2000 dollars): $2.06 trillion

Income per capita (Year 2000 dollars): $46,657

Global rank: 13

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15 economies that will rule the world by 2050

Last updated on: January 23, 2013 07:36 IST
Tourists stroll along Barcelona's harbour.

Spain

Size of Economy (Year 2000 dollars): $1.95 trillion

Income per capita (Year 2000 dollars): $38,111

Global rank: 14

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15 economies that will rule the world by 2050

Last updated on: January 23, 2013 07:36 IST
A view of Moscow's Kremlin, Ministry of Foreign Affairs and Moscow City business district.

Russia

Size of Economy (Year 2000 dollars): $1.88 trillion

Income per capita (Year 2000 dollars): $16,174

Global rank: 15