As we all are very well aware about which were those countries ruling on whole world or considered as most powerful nations in the world today but do you have idea about that which are those country who will be ruling in this world in year 2050. Here we are going to tell you about five such countries knowing about which you will surprise.
Know which five countries will rule the world by 2050
These countries will rule the world in 2050:
1. China: This country is expected to hold on to the number one spot but it is not expected to have the same economic growth as it did during the 2000’s. The average annual GDP growth is expected to be at 4.4%. The world’s economy is expected to grow at an average of just over 3% per year. The majority of the growth is expected in the period 2014 – 2050. However, a slowdown of overall global growth is expected after 2020 as China and other emerging economies adapt to more sustainable long-term growth.
2. India: The world’s largest democratic country India steps into America’s spot by 2050, up from the third to the second largest economy in the world. At 7.7% a year, the country is projected to have the highest GDP growth rate in dollar terms of all 32 countries covered in the report.
3. United States: With companies like Amazon, Google, Microsoft, Facebook and IBM investing heavily in AI, the United States has every resource necessary to become a global leader in automation.
4. Indonesia: This Muslim dominated nation Indonesia is expected to the among the top 5 of the largest economies by 2050, moving up 4 places.
5. Brazil: Brazil’s economy is growing steadily but it lacks the explosive growth of other E7 economies such as Mexico and Indonesia. For this reason, Brazil is only expected to rise two places in the rankings, from the world’s seventh largest economy in 2016 to the fifth biggest by 2050.
