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Nairaland Forum / Nairaland / General / Politics / The World In 2050. Nigeria's GDP Projection (12755 Views)
Nigeria's GDP Grew By 1.87% in Q1 2020 Amid Global Challenges / World Bank Predicts Sharp Fall In Nigeria’s GDP / Nigeria’s Population To Reach 543 Million In 2050 — Osinbajo (2) (3) (4)
The World In 2050. Nigeria's GDP Projection by OYO4sure: 7:46am On Sep 08, 2017 |
The long view: how will the global economic order change by 2050? #world2050 130% Cumulative global GDP growth between 2016 and 2050 20% China’s projected share of world GDP at PPPs by 2050 2nd India’s global GDP ranking at PPPs by 2050 (behind China but ahead of the US) 9% EU27’s share of global GDP at PPPs by 2050 (excluding UK) Key findings This report sets out our latest long-term global growth projections to 2050 for 32 of the largest economies in the world, accounting for around 85% of world GDP. Key results of our analysis (as summarized also in the accompanying video) include: The world economy could more than double in size by 2050, far outstripping population growth, due to continued technology-driven productivity improvements Emerging markets (E7) could grow around twice as fast as advanced economies (G7) on average 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 UK could be down to 10th place by 2050, France out of the top 10 and Italy out of the top 20 as they are overtaken by faster growing emerging economies like Mexico, Turkey and Vietnam respectively But emerging economies need to enhance their institutions and their infrastructure significantly if they are to realise their long-term growth potential. Population growth will be a key driver of GDP growth in many emerging markets, such as Nigeria, Pakistan and India. But a key challenge will be to create enough jobs in these economies for their young people. Nigeria, Pakistan and India will experience some of the greatest population growth to 2050, but growth in average GDP per capita are projected to be relatively less strong in these economies. According to Dr.Andrew S. Nevin, Chief Economist, PwC Nigeria: “Nigeria’spotential advantages for future growth include a large consumer market, a strategic geographic location as a hub for Africa, and a young and entrepreneurial population. The first step in harnessing this opportunity requires deliberate efforts to improve value-adding activity in the non-oil economy, particularly in agriculture and services.” https://www.pwc.com/gx/en/world-2050/assets/pwc-world-in-2050-slide-pack-feb-2017.pdf https://www.pwc.com/gx/en/issues/the-economy/assets/world-in-2050-february-2015.pdf https://www.pwc.com/gx/en/issues/economy/the-world-in-2050.html https://www.pwc.com/gx/en/world-2050/assets/pwc-the-world-in-2050-full-report-feb-2017.pdf
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Re: The World In 2050. Nigeria's GDP Projection by haryorbarmie83(m): 7:47am On Sep 08, 2017 |
OK, some one should wake me up if this post finally make front page. 1 Like |
Re: The World In 2050. Nigeria's GDP Projection by Mynd44: 7:52am On Sep 08, 2017 |
Well, Nigeria is already above Egypt Looking at Spain, Italy, Poland, Australia and Netherlands 3 Likes |
Re: The World In 2050. Nigeria's GDP Projection by slyd90(m): 7:54am On Sep 08, 2017 |
Nice one |
Re: The World In 2050. Nigeria's GDP Projection by SlayQueenSlayer(m): 7:55am On Sep 08, 2017 |
Good |
Re: The World In 2050. Nigeria's GDP Projection by siie: 7:55am On Sep 08, 2017 |
I pray it'll be so. 2 Likes |
Re: The World In 2050. Nigeria's GDP Projection by Nutase: 7:55am On Sep 08, 2017 |
If kwarapshun will allow us. 7 Likes 1 Share |
Re: The World In 2050. Nigeria's GDP Projection by maxiuc(m): 7:56am On Sep 08, 2017 |
.. |
Re: The World In 2050. Nigeria's GDP Projection by SlayQueenSlayer(m): 7:56am On Sep 08, 2017 |
. |
Re: The World In 2050. Nigeria's GDP Projection by LoveJesus87(m): 7:56am On Sep 08, 2017 |
J |
Re: The World In 2050. Nigeria's GDP Projection by tens4real(m): 7:56am On Sep 08, 2017 |
that is if there will still be a country call NIGERIA by 2050! 13 Likes |
Re: The World In 2050. Nigeria's GDP Projection by Nobody: 7:57am On Sep 08, 2017 |
Bullocks |
Re: The World In 2050. Nigeria's GDP Projection by okway: 7:57am On Sep 08, 2017 |
Biafra's data nko? 9 Likes 1 Share |
Re: The World In 2050. Nigeria's GDP Projection by makdcash(m): 7:58am On Sep 08, 2017 |
No restructuring no growth for nigerian....alll this na same old story 5 Likes
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Re: The World In 2050. Nigeria's GDP Projection by Nobody: 7:58am On Sep 08, 2017 |
I no dey believe this joreh, if we happen to have 5 of GEJ and the world stops using oil as 2025 has been set as due date for so many countries. Will this still work 2 Likes |
Re: The World In 2050. Nigeria's GDP Projection by dotunbekro06(m): 7:59am On Sep 08, 2017 |
haryorbarmie83:Comment if you want to comment, stop booking space. 8 Likes
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Re: The World In 2050. Nigeria's GDP Projection by Nbote(m): 8:00am On Sep 08, 2017 |
Dats how we have been projecting dat "E go beta" since and we are still not beta off from 10yrs ago. We like projections a lot but hardly want to do anything like putting frameworks in place to achieve d said goals. Ordinary lite we neva dey produce enough, our govt is still wholly dependent on oil and still looking for more. 3 Likes |
Re: The World In 2050. Nigeria's GDP Projection by Royalfurnitures: 8:00am On Sep 08, 2017 |
Let"s wait and see..God has the final say Check out my signature for quality and durable furniture |
Re: The World In 2050. Nigeria's GDP Projection by Ancientboy(m): 8:01am On Sep 08, 2017 |
Nigeria economy be like..... 6 Likes
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Re: The World In 2050. Nigeria's GDP Projection by naturalman: 8:01am On Sep 08, 2017 |
This confused analyst... Nigeria is far above Egypt |
Re: The World In 2050. Nigeria's GDP Projection by abbaapple: 8:02am On Sep 08, 2017 |
Who e help?! Buhari till den! |
Re: The World In 2050. Nigeria's GDP Projection by Mynd44: 8:02am On Sep 08, 2017 |
naturalman:The data is from 2016 |
Re: The World In 2050. Nigeria's GDP Projection by Sweetguy25: 8:02am On Sep 08, 2017 |
India above US? LMAO |
Re: The World In 2050. Nigeria's GDP Projection by Pidginwhisper: 8:04am On Sep 08, 2017 |
tens4real:Abi if person wey dey behind this account go still dey by 2050..Soldier go,soldier come..barracks remain |
Re: The World In 2050. Nigeria's GDP Projection by Mynd44: 8:07am On Sep 08, 2017 |
Sweetguy25:Why is that strange? |
Re: The World In 2050. Nigeria's GDP Projection by trillville(m): 8:07am On Sep 08, 2017 |
Nigeria, Pakistan and India will experience some of the greatest population growth to 2050, but growth in average GDP per capita are projected to be relatively less strong in these economies. This statement summarizes our situation aptly. Increases in GDP would result primarily from increases in population. Poverty will everly remain high. 1 Like |
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