Goldman Sachs' projection of the 20 largest economies in 2050

ASEAN_PRIDE · Newbie

Goldman Sachs' projection of the 20 largest economies in 2050

Kate · Member

I'm not surprise that Thailand and Singapore are not on the list.

Thailand has political issue, too many bad politicians.
The major problem for Singapore is its' size, too small.

It won't surprise me if Laos surpass Thailand one day.

Date: Jul 14, 2010

It is just prediction, who know what the future will, what he predicted just based on some previous data....

Date: Jul 14, 2010

ASEAN_PRIDE wrote:

Estimated GDP in 2050
GDPs in trillions (US)
1. China $70.710
2. USA $38.514
3. India $37.688
4. Brazil $11.366
5. Mexico $9.340
6. Russia $8.580
7. Indonesia $7.010
8. Japan $6.677
9. UK $5.133
10. Germany $5.024
11. Nigeria $4.640
12. France $4.592
13. South Korea $4.083
14. Turkey $3.943
15. Vietnam $3.607
16. Canada $3.149
17. Philippines $3.010
18. Italy $2.950
19. Iran $2.663
20. Egypt $2.602

Estimated GDP per capita in 2050
Rank Country GDP per capita (in USD)
1 United States 91,683
2 South Korea 90,294
3 United Kingdom 80,234
4 Russia 78,576
5 Canada 76,002
6 France 75,253
7 Germany 68,253
8 Japan 66,846
9 Mexico 63,149
10 Italy 58,545
11 Brazil 49,759
12 China 49,650
13 Turkey 45,595
14 Vietnam 33,472
15 Iran 32,676
16 Indonesia 22,395
17 India 20,836
18 Egypt 20,500
19 Philippines 20,388
20 Nigeria 13,014

http://www2.goldmansachs.com/ideas/brics/book/99-dreaming.pdf
http://www2.goldmansachs.com/ideas/global-economic-outlook/n-11-acronym-doc.pdf

BRIC - Brazil, Russia, India, and China

The Next Eleven (or N-11) are eleven countries — Bangladesh, Egypt, Indonesia, Iran, Mexico, Nigeria, Pakistan, Philippines, South Korea, Turkey, and Vietnam

I found these stats and I just wanted to know what you guys think of these predictions?

I'm surprised Thailand, Singapore and Malaysia are not on the list

Ha Ha, i really don't buy it at all. especially this prediction came from the Goldman(Chit) Sachs. i should call them Goldman( Sack) has lost their credibility ever sine they got Bail-Out by the American taxes monie, and some Investors don't really trust them any more. and by the way, GoldmanSack is expecting to ask for more time to response to the law suit filed by the Security and Exchange Commission(SEC) accusing the Wall Street power house of fraud, the gold- plated investment Bank run by CEO Lloyd Blankfein, which has already filed for one extension tied to the fraud case, So anyway let get back to the topics. In my personal opinion, i don't see how the China over take the U.S. in year 2050 when their GDP only 4.5 trillion a year, for U.S.'s GDP 14.4 trillion almost double Chinese GDP. and i'm not an expert on the economy. but, China got a long way to go. Bro.