In this article, we look at the top 20 largest economies in the world by 2050.
Global Economic Forecast: Emerging Markets Set to Dominate by 2050
According to a report by the Organisation for Economic Co-operation and Development (OECD) by 2050, the global population is anticipated to grow to over 9 billion, which is likely to increase pressure on natural resources essential for energy and food production. You can also take a look at the 25 Biggest Food Companies in the World by Revenue. Despite the recent recession, the world GDP is expected to almost quadruple by 2050. However, GDP growth rates in China and India are predicted to decelerate over the coming decades, whereas the African continent is forecasted to achieve the highest economic growth rate globally between 2030 and 2050. The global energy demand is also forecasted to increase by 80% however, the global energy mix is…