The Biggest Economies in 2030 – Visualizing the Boom in Emerging Markets

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By 2030, the complexion of the global economy could look very different than it does today.

According to recent projections from Standard Chartered, a multinational bank headquartered in London, the next decade will see emerging markets like India and Turkey ascending the global economic ladder to become tomorrow’s powerhouses.

Visualizing the Boom in Emerging Markets

Today’s animation is based on a previous chart of the week we created that shows how economic growth is expected to unfold in the coming years.

VIDEO: View the projected change in rankings for the biggest economies from 2017 to 2030 below:         

If the projections used in the above video prove to be accurate, the largest economy in 2030 will be China with $64.2 trillion in GDP after adjusting for purchasing power parity (PPP).

That’s nearly $20 trillion more than India, which will be the second largest by that time.

From Good to Great

While the sheer size of the Chinese economy is certainly an exclamation point, perhaps the more interesting story here is the ascent of developing markets in general.

By 2030, it’s projected that seven of the world’s 10 biggest economies will fall into that category:

Rank Country Proj. GDP (2030, PPP) GDP (2017, PPP) % change
#1 China $64.2 trillion $23.2 trillion +177%
#2 India $46.3 trillion $9.5 trillion +387%
#3 United States $31.0 trillion $19.4 trillion +60%
#4 Indonesia $10.1 trillion $3.2 trillion +216%
#5 Turkey $9.1 trillion $2.2 trillion +314%
#6 Brazil $8.6 trillion $3.2 trillion +169%
#7 Egypt $8.2 trillion $1.2 trillion +583%
#8 Russia $7.9 trillion $4.0 trillion +98%
#9 Japan $7.2 trillion $5.4 trillion +33%
#10 Germany $6.9 trillion $4.2 trillion +64%

Over this timeframe, countries like Egypt, China, India, Indonesia, Turkey, and Brazil will all see their economies expand with triple-digit growth in PPP terms.

In particular, India’s economy will be buoyed by rapid population growth in its cities, which are some of the fastest-growing urban areas on the planet. At the same time, Egypt’s economy is expected to grow from $1.2 trillion to $8.2 trillion according to the bank – although we would add that this seems quite optimistic.

Finally, developed economies like the United States, Germany, and Japan will keep growing – but just not at the blistering pace of developing countries. If these projections turn out, the Japanese and German economies will round out the list with the #9 and #10 spots, respectively.

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Comments

  • kamtanblog  On September 8, 2019 at 3:14 am

    Sorry incorrect stats as it shows Germany
    alone …where is EU ??UK ?
    Who/which produced these charts based
    on what info ??
    Absolute hogwash !
    Sorry this one is hard to swallow !

    Fact fake false fiction or fantasy or
    a combination of all.

    Go figure

    Kamtan

  • wally n  On September 8, 2019 at 1:32 pm

    President Trump destroyed the plan of the globalist, he reversed the downfall that was planned for the USA. The charts will need major adjustment to be accurate. The inability to feed, or supply energy to your people, leaves you a slave to Globalists, which was their intention, FIRST to destroy America and a few other major countries.
    Of course like most people we are not aware of all the complex plans of these criminals, only the adverse effects, such as new and improved socialism, the Government will do everything for the people/sheep.
    It would seem, if any country can easily feed, and supply the necessary energy for their people in addition to clean and plenty of fresh water…….not burdened with the threat of over population like the leading two…..GUYANA SHOULD TOP THE NEW LIST…

    • kamtanblog  On September 8, 2019 at 2:25 pm

      No country is an island !
      Of course there are islands that are countries.
      Guyana no exception !
      What happens globally will play its
      part in Guyana’s development.
      How it is addressed by the political jackasses
      will determine its future.
      We shall see

      Kamtan

  • wally n  On September 8, 2019 at 3:18 pm

    It can go two directions….. As it is presently, rich people in backrooms planning your “existence”..or circle the wagons, remember GUYANA went through really tough times, with a lot less, and came through. Set an example, can’t depend on any help from our “friends” in the Caribbean, they are surviving on a thread, maybe we can produce a group of young people not willing to confirm, since it might be the last time we have a little power, and now a re energized U S A having our back.
    OK say it ……..Dreamer?.. YES!

  • Trevor  On September 8, 2019 at 10:02 pm

    China & India have some very large populations. This means that they will increase demand for energy, food, land and fuel.

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