Top 10 richest countries in the world according to the report published by PWC, were determined with the purchasing power parity. Top 10 Richest Countries in the World, 2050 are China, United States, Canada, United Kingdom, Brazil, Germany, France, Mexico, United States, India.
As a result, six of the seven largest economies in the world are projected to be emerging economies in 2050 led by China (1st), India (2nd) and Indonesia (4th) The US could be down to third place in the global GDP rankings while the EU27's share of world GDP could fall below 10% by 2050.
China is set to be the world's largest economy by 2030. China's push towards robotics could mean higher productivity and even faster GDP growth. Bangladesh likely to be the biggest mover in the global GDP rankings (42nd to 26th), followed by Philippines, Pakistan and Vietnam...
Currently, the richest country in the world in terms of GDP per capita is Luxembourg, with a GDP per capita of $135,700. Other wealthy countries include Bermuda, Ireland, and Switzerland, all with GDP per capita above $80,000.
Luxembourg: USD 143,203 per capita in 2025
We forecast Luxembourg to be the world's wealthiest economy in 2025 in nominal GDP terms (at market exchange rates).
China is Asia's largest economy and is projected by PwC to be the largest economy in the world by 2050. Today, 95% of Apple Inc. (NASDAQ:AAPL)'s iPhones, iPads, and Macbooks are manufactured in China. The country was also the source of about 20% of the company's revenue in 2022 ($74 billion).
In the world, the poorest countries are mostly located in Africa and Asia, with Burundi being the poorest country followed by Somalia, Mozambique, Central African Republic, and Madagascar.
A new study published yesterday in The Lancet journal has predicted that India, Nigeria, China and the United States (U.S.) will be dominant global powers by the year 2100. The publication's Editor-in-Chief, Dr. Richard Horton, said: “This research charts a future we need to be planning for urgently.
According to the scenario outlined in this article, China will retain this position until the mid-2060s, at which time its GDP will be surpassed by that of India. By 2100, India's GDP will I$ 294 trillion, 36% larger than that of then-second-placed China (Table 4).
According to statistics, Switzerland has the highest proportion of millionaires as of 2021, closely followed by Luxembourg. Even though the income tax rate in Switzerland is 40%, 16.4% of the world's millionaires reside there as of 2021.
Rajah last year projected that while China would become the world's biggest economy by 2030, “its size advantage over America would be slim and it would remain far less prosperous and productive per person than the United States and other rich countries, even by mid-century.” The Japan Center for Economic Research, ...
China, Vietnam, Uganda, Indonesia, and India are projected to be among the fastest-growing economies to 2030.
Iceland. Iceland stands at the top of countries with the lowest poverty rates with a poverty rate of 4.9% in 2021.
The vast majority of those in extreme poverty reside in South Asia and Sub-Saharan Africa. As of 2018, it is estimated that the country with the most people living in extreme poverty is Nigeria, at 86 million. In the past, the vast majority of the world population lived in conditions of extreme poverty.
United States of America The United States is the world's most powerful country, with a dominant military, economic strength, and cultural influence.
In terms of military power, the United States has the world's most powerful military, with a budget of over $740 billion in 2021. Its military includes more than 1.3 million active-duty personnel, over 8,000 tanks, and over 11,000 aircraft.