China and the US produce 23.2 trillion and 19.4 trillion respectively; unchallenged powerhouses now. That being said, the global balance of power and population is shifting; and many developing countries (like India) are growing quickly.
It seems likely that with their population growth and maturation as global economies, we'll see a relatively different landscape in 10 years. Will it look like this? Maybe? But Egypt's projected growth of 583% seems a bit beyond normal expectations ... Time will tell!
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10 Largest Economies in 2030
Emerging markets have taken recent hits due to the trade war ... but that doesn't mean their long-term potential isn't monumental.
China and the US produce 23.2 trillion and 19.4 trillion respectively; unchallenged powerhouses now. That being said, the global balance of power and population is shifting; and many developing countries (like India) are growing quickly.
It seems likely that with their population growth and maturation as global economies, we'll see a relatively different landscape in 10 years. Will it look like this? Maybe? But Egypt's projected growth of 583% seems a bit beyond normal expectations ... Time will tell!
10 Largest Economies in 2030
Emerging markets have taken recent hits due to the trade war ... but that doesn't mean their long-term potential isn't monumental.
According to Standard Chartered, by 2030, 7 of the 10 largest economies will be in emerging markets with India, Indonesia, Turkey, Brazil, and Egypt seeing exponential growth. Click to see the infographic and here's a video:
via Visual Capitalist
China and the US produce 23.2 trillion and 19.4 trillion respectively; unchallenged powerhouses now. That being said, the global balance of power and population is shifting; and many developing countries (like India) are growing quickly.
via Visual Capitalist
It seems likely that with their population growth and maturation as global economies, we'll see a relatively different landscape in 10 years. Will it look like this? Maybe? But Egypt's projected growth of 583% seems a bit beyond normal expectations ... Time will tell!
Posted at 06:13 PM in Business, Current Affairs, Ideas, Market Commentary, Science, Trading Tools, Travel | Permalink
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