China, India projected to be the world's top economies in 2075
According to projections by Goldman Sachs, the global economic landscape is expected to grow by more than four times, reaching $280 trillion by 2075, with emerging markets, particularly in Asia and Africa, ascending in economic prominence.
Based on real GDP measured in 2021 U.S. dollars, the outfit's analysis anticipates the following rankings for the world's largest economies by 2075:
- China: $57.0 trillion
- India: $52.5 trillion
- United States: $51.5 trillion
- Indonesia: $13.7 trillion
- Nigeria: $13.1 trillion
- Pakistan: $12.3 trillion
- Egypt: $10.4 trillion
- Brazil: $8.7 trillion
- Germany: $8.1 trillion
- Mexico: $7.6 trillion
These projections suggest a notable shift, with emerging economies such as Indonesia, Nigeria, Pakistan, and Egypt rising to prominence alongside established economic powers.
Countries like Nigeria, Pakistan, and Egypt are projected to experience substantial population growth, which will lead to larger workforces and increased economic output.
It's important to note that these projections are based on current data and trends. Unforeseen events, policy changes, and global economic shifts could alter these trajectories.
