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LIST: 32 Most Powerful Economies By 2030 (see Where Nigeria Ranks) by Nobody: 9:33pm On Feb 11, 2017 |
By 2030, Nigeria will have one of 30 most powerful economies in the world. This is according to PricewaterhouseCoopers (PWC). In a report titled: "The long view: how will the global economic order change by 2050?" 32 countries were ranked by how powerful their economies will be by 2030. Using their projected global gross domestic product by purchasing power parity, the 32 countries were ranked in this order: 32. Netherlands — $1.08 trillion 31. Colombia — $1.111 trillion 30. South Africa — $1.148 trillion 29. Vietnam — $1.303 trillion 28. Bangladesh — $1.324 trillion 27. Argentina — $1.342 trillion 26. Poland — $1.505 trillion 25. Malaysia — $1.506 trillion 24. Philippines — $1.615 trillion 23. Australia — $1.663 trillion 22. Thailand — $1.732 trillion 21. Nigeria — $1.794 trillion 20. Pakistan — $1.868 trillion 19. Egypt — $2.049 trillion 18. Canada — $2.141 trillion 17. Spain — $2.159 trillion 16. Iran — $2.354 trillion 15. Italy — $2.541 trillion 14. South Korea — $2.651 trillion 13. Saudi Arabia — $2.755 trillion 12. Turkey — $2.996 trillion 11. France — $3.377 trillion 10. United Kingdom — $3.638 trillion 9. Mexico — $3.661 trillion 8. Brazil — $4.439 trillion 7. Germany — $4.707 trillion 6. Russia — $4.736 trillion 5. Indonesia — $5.424 trillion 4. Japan — $5.606 trillion 3. India — $19.511 trillion 2. United States — $23.475 trillion 1. China — $38.008 trillion At No. 21, it is quite interesting to see Nigeria, besting about 10 countries. Given the current recession, it might be a little hard to believe the prediction. Yet, PWC one of the world's largest professional-services firms used a trusted method, usually employed by macroeconomists to determine the economic productivity and standards of living among countries across a certain time period. While PwC's findings show some of the same countries right near the top of the list in 13 years, they also have numerous economies slipping or rising massively by 2030. All numbers cited in the slides are in US dollars and at constant values (for reference, the US's current PPP is $18.562 trillion
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