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I just saw some interesting projections from Goldman Sachs about what the global economic landscape will look like in 2075. The 15 largest economies in the world are going to change quite a bit according to these calculations.
What caught my attention the most is that China and India will completely dominate the ranking, with projected GDP of 57 and 52.5 trillion respectively. The United States would remain third but quite close. The curious thing is to see how countries like Indonesia, Nigeria, and Pakistan will grow in a way that today seems almost unthinkable, entering the top 10.
Africa will have a much greater weight in the global economy. Nigeria and Egypt would be among the 15 largest economies in the world by then. Brazil would also maintain its strong position in Latin America, although Mexico would be catching up quickly.
Traditional powers like Germany, the United Kingdom, Japan, and France would still be relevant but with less prominence than today. It’s interesting to see how demography and growth will completely reshape the global economic map over the next 50 years. Definitely, a very different world awaits us.