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World's top 20 economic superpowers by 2030

Last updated on: January 22, 2013 16:39 IST

The world economy is projected to grow at an average rate of just over 3 per cent per annum from 2011 to 2050, doubling in size by 2032 and nearly doubling again by 2050, states a PricewaterhouseCoopers report.

According to the report, 'World in 2050 The BRICs and Beyond: Prospects, Challenges and Opportunities', the global financial crisis has accelerated the shift of the economic centre of gravity and China is expected to surpass the US to become the largest economy in the
world by 2050.

Emerging economies tend to grow at 4% per annum or more, while advanced economies grow at around 2% or less – we will continue to live in a two-speed world economy for some decades to come as a catch up process continues, says the report.

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World's top 20 economic superpowers by 2030

Last updated on: January 22, 2013 16:39 IST

A man films a gold-plated Infiniti G37 at a jewellery store in Nanjing, Jiangsu province.

China (Rank 1)

Projected GDP at PPP (2030): $30,634 bn

Projected GDP at PPP (2050): $53,856 bn

GDP at PPP (2011): $11,347 bn

(GDP at PPPs is a better indicator of average living standards or volumes of outputs or inputs, because it corrects for price differences across countries at different levels of development. In general, price levels are significantly lower in emerging economies so looking at GDP at PPPs narrows the income gap with the advanced economies
compared to using market exchange rates, states PwC).

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World's top 20 economic superpowers by 2030

Last updated on: January 22, 2013 16:39 IST

Brooklyn Bridge and Manhattan Bridge is seen from the 90th storey of One World Trade Center in New York.

United States (Rank 2)

Projected GDP at PPP (2030): $23,376 bn

Projected GDP at PPP (2050): $37,998 bn

GDP at PPP (2011): $15,094 bn

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World's top 20 economic superpowers by 2030

Last updated on: January 22, 2013 16:39 IST

India (Rank 3)

Projected GDP at PPP (2030): $13,716 bn

Projected GDP at PPP (2050): $ 34,704 bn

GDP at PPP (2011): $4,531 bn

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World's top 20 economic superpowers by 2030

Last updated on: January 22, 2013 16:39 IST

Japan's highest mountain, Mt. Fuji, is seen through skyscrapers in Tokyo.

Japan (Rank 4)

Projected GDP at PPP (2030): $5,842 bn

Projected GDP at PPP (2050): $8,825 bn

GDP at PPP (2011): $4,381 bn

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World's top 20 economic superpowers by 2030

Last updated on: January 22, 2013 16:39 IST

People cycle by the Kremlin as they take part in the

Russia (Rank 5)

Russia could overtake Germany to become the largest European economy before 2020 in PPP terms and by around 2035 at market exchange rates.

Projected GDP at PPP (2030): $5,308 bn

Projected GDP at PPP (2050): $8,013 bn

GDP at PPP (2011): $ 3,031 bn

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World's top 20 economic superpowers by 2030

Last updated on: January 22, 2013 16:39 IST

A security walks next to the Planalto Palace designed by Brazilian architect Oscar Niemeyer in Brasilia.

Brazil (Rank 6)

Projected GDP at PPP (2030): $4,685 bn

Projected GDP at PPP (2050): $8,825 bn

GDP at PPP (2011): $2,305 bn

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World's top 20 economic superpowers by 2030

Last updated on: January 22, 2013 16:39 IST

Boats are sen floating above the piers on a flooded street in front of the historic skyline of Dresden, along the banks of the river Elbe.

Germany (Rank 7)

Projected GDP at PPP (2030): $4,118 bn

Projected GDP at PPP (2050): $5,822 bn

GDP at PPP (2011): $3,221 bn

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World's top 20 economic superpowers by 2030

Last updated on: January 22, 2013 16:39 IST

Mexico (Rank 8)

Projected GDP at PPP (2030): $3,662 bn

Projected GDP at PPP (2050): $7,409 bn

GDP at PPP (2011): $1,761 bn

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World's top 20 economic superpowers by 2030

Last updated on: January 22, 2013 16:39 IST

St Paul's cathedral and the financial district are seen at dusk in an aerial photograph from The View gallery at the Shard, western Europe's tallest building, in London.

United Kingdom (Rank 9)

Projected GDP at PPP (2030): $3,499 bn

Projected GDP at PPP (2050): $5,598 bn

GDP at PPP (2011): $2,287 bn

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World's top 20 economic superpowers by 2030

Last updated on: January 22, 2013 16:39 IST

France (Rank 10)

Projected GDP at PPP (2030): $3,427 bn

Projected GDP at PPP (2050): $5,714 bn

GDP at PPP (2011): $2,303 bn

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World's top 20 economic superpowers by 2030

Last updated on: January 22, 2013 16:39 IST

French climber Alain Robert, a rock climber who has become famous for climbing known buildings worldwide, climbs the 215m (705 feet) high, 50 floors Bakrie Tower building in Jakarta.

Indonesia (Rank 11)

Projected GDP at PPP (2030): $2,912 bn

Projected GDP at PPP (2050): $6,346 bn

GDP at PPP (2011): $1,131 bn

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World's top 20 economic superpowers by 2030

Last updated on: January 22, 2013 16:39 IST

Turkey (Rank 12)

Projected GDP at PPP (2030): $2,760 bn

Projected GDP at PPP (2050): $5,032 bn

GDP at PPP (2011): $1,131 bn

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World's top 20 economic superpowers by 2030

Last updated on: January 22, 2013 16:39 IST

Tourists walk in front of Rome's ancient Colosseum.

Italy (Rank 13)

Projected GDP at PPP (2030): $2,629 bn

Projected GDP at PPP (2050): $3,867 bn

GDP at PPP (2011): $1,979 bn

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World's top 20 economic superpowers by 2030

Last updated on: January 22, 2013 16:39 IST

South Korea (Rank 14)

Projected GDP at PPP (2030): $2,454 bn

Projected GDP at PPP (2050): $3,545 bn

GDP at PPP (2011): $1,504 bn

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World's top 20 economic superpowers by 2030

Last updated on: January 22, 2013 16:39 IST

A Spanish flag flutters in the wind in front of the dome of Bank of Spain headquarters in central Madrid.

Spain (Rank 15)

Projected GDP at PPP (2030): $2,327 bn

Projected GDP at PPP (2050): $3,612 bn

GDP at PPP (2011): $1,512 bn

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World's top 20 economic superpowers by 2030

Last updated on: January 22, 2013 16:39 IST

A view of the Peace Tower on Parliament Hill in Ottawa, Canada.

Canada (Rank 16)

Projected GDP at PPP (2030): $2,148 bn

Projected GDP at PPP (2050): $3,549 bn

GDP at PPP (2011): $1,398 bn

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World's top 20 economic superpowers by 2030

Last updated on: January 22, 2013 16:39 IST

Saudi Arabia

Projected GDP at PPP (2030): $1,582 bn

Projected GDP at PPP (2050): 3,090 bn

GDP at PPP (2011): $ 686 bn

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World's top 20 economic superpowers by 2030

Last updated on: January 22, 2013 16:39 IST

Australia

Projected GDP at PPP (2030): $1,535 bn

GDP at PPP (2011): $1,582

(Australia not listed among top 20 in 2050)

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World's top 20 economic superpowers by 2030

Last updated on: January 22, 2013 16:39 IST

Poland

Projected GDP at PPP (2030): $1,415 bn

GDP at PPP (2011): $813

(Poland not listed among top 20 in 2050

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World's top 20 economic superpowers by 2030

Last updated on: January 22, 2013 16:39 IST

Argentina

Projected GDP at PPP (2030): $1,407 bn

Projected GDP at PPP (2050): $2,620 bn

GDP at PPP (2011): $720