RANKED: These will be the 21 most powerful economies in 2030

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Men’s 4 x 100m Relay Round 1, Rio Olympics, 2016, Brazil, 18/08/2016. Xie Zhenye (CHN) of China and his teammate Su Bingtian (CHN) of China compete with Christian Coleman (USA) of USA and his teammate Tyson Gay (USA) of USA.
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Reuters / Alessandro Bianchi

LONDON – Emerging markets will start to dominate rankings of the world’s top economies by 2030, according to a report published earlier this year.

The report, published by PricewaterhouseCoopers, finds that emerging markets such as India and Brazil will increasingly challenge the economic dominance of the USA and China, while others slip behind.

The report ranks countries by their projected global gross domestic product by purchasing power parity (PPP).

PPP is a model which describes the purchasing power, and therefore value, of a given currency.

See which countries made the list. All numbers cited in the slides are in US dollars and at constant values (for reference, the US’s current PPP is $18.569 trillion):

Lianna Brinded contributed to the original version of this report.


21. Nigeria — $1.794 trillion

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REUTERS/Akintunde Akinleye

20. Pakistan — $1.868 trillion

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Wikimedia

19. Egypt — $2.049 trillion

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Daria Volyanskaya / Shutterstock

18. Canada — $2.141 trillion

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Flickr/Kenny Louie

17. Spain — $2.159 trillion

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Shutterstock/LucVi

16. Iran — $2.354 trillion

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Lost With Purpose

15. Italy — $2.541 trillion

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Zakhar Mar / Shutterstock

14. South Korea — $2.651 trillion

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Seoul Metropolitan Government

13. Saudi Arabia — $2.755 trillion

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REUTERS

12. Turkey — $2.996 trillion

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Wikipedia / CC 3.0

11. France — $3.377 trillion

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Anthony Delanoix / Unsplash

10. United Kingdom — $3.638 trillion

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Shutterstock/Shahid Khan

9. Mexico — $3.661 trillion

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ChameleonsEye/Shutterstock

8. Brazil — $4.439 trillion

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Marc Turcan / Shutterstock

7. Germany — $4.707 trillion

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CA IMMO

6. Russia — $4.736 trillion

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Flickr/Danila Matveev

5. Indonesia — $5.424 trillion

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Muhammad Rasyid Prabowo/Flickr

4. Japan — $5.606 trillion

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Shutterstock/Sean Pavone

3. India — $19.511 trillion

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Shutterstock / Richie Chan

2. United States — $23.475 trillion

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TTstudio/Shutterstock

1. China — $38.008 trillion

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Wikimedia Commons