India the Third Largest Economy in the World
December 12, 2035 - India's GDP for last year was greater than Japan's, making India the third largest economy in the world after the US and China.
The growth rate of India's GDP has been exceeding Japan's for many years, mainly due to the higher population growth in India, becoming the world's most populous country 5 years ago, reaching a total of 1.5 billion people earlier this year. This could be compared to Japan where the population has decreased over the last 30 years by about 5 percent. This has given India a young workforce to drive the economy.
China is closing in on the US to become the largest economy in the world, due to a higher GDP growth rate and is projected to surpass in the near future, maybe already within 5-10 years.
Argument: According to the report Brazil, Russia, India and China - A Road in 2050 by Goldman Sachs, India will surpass Japan as the third largest economy in the world by 2032.
Questions: After India has followed China with a high GDP growth rate, what other countries can we expect start to grow rapidly? Will Pakistan, with an estimated population growth of almost 60% until year 2035, be able to gain on the growth rate from their neighbor India?
January 19, 2035 - According to the latest statistics presented this week, 1 million hydrogen-fueled cars have now been sold in the US. The figures for last year show an increase in sales by 50% from 2033.
January 8, 2035 - With a first prize of seven million US dollar and the intriguing plot of trying to fool or outsmart Arnold, the most advanced artificial intelligence in public use, the much hyped live show “Fooling Arnold” became the people’s choice this Saturday.
December 20, 2030 - The launch yesterday of the virtual realistic-looking human newscaster from Simple News gained rave reviews. Others have made several attempts earlier, but this sends the live newscasters in to a pretty shaky future.
December 18, 2020 - This year shows strong growth for wind power when the total global installed capacity added a record 62,000 MW, making the total capacity more than 680,000 MW. Wind power is by far the renewable source with the largest growth in worldwide capacity during the last decade.
December 15, 2030 - There's no doubt what the most popular Christmas present will be this year. Influenced by the launch of the first manned mission to Mars next month, you will most likely get a present with stars, a gift card for a spacetrip.
November 19, 2040 - Today was a historic day for Iceland when their President this morning at a symbolic ceremony officially shut down the last gasoline pump in the country. Iceland is a model country when it comes to the fuel transition from gasoline to hydrogen and became today the first country in the world to complete it.
September 21, 2050 - At a press conference today it was announced that the first tourist heading for Mars will be the 38-year-old US businessman Patrick Clifford. He will leave the earth in the launching window of June 2052 and set his foot on the surface of Mars in November, together with the other 6 astronauts assigned for the mission to further explore the planet.
September 12, 2035 - Are you kidding? Is it possible to beam myself? No, of course not, but you can now make a 3-D projection of yourself anywhere in the world. The first product for real teleimmersion has been released, the Telebeamer.
September 5, 2035 - More than 20,000 quadriplegics around the world have now got a BCI, a Brain Computer Interface. It gives them the ability to control their environment, from driving their own electric wheelchairs outside their house, to make their own dinner.
Comments:
Debunking myths about the "Third World" (Amazing graphics)
http://youtube.com/watch?v=RUwS1uAdUcI
Posted by: Singha
Thanks Singha, it's a fantastic presentation done by Hans Rosling, I recommend it to everyone.
Posted by: Pontus Edenberg
Out of all the countries - Brazil, China, Russia and India. Russia still has the highest living standard and the more developed industry. Russian industry is 10 to 20 years behind the Western.
Russia also has ressources and a lot of nuclear weapons, so I think that Russia has a better chance to become the next superpower. In fact, none know what will happen to China - they seem to make the mistakes the USSR made - that is increase their defense budget while the population is living in poverty. Russias defense budget is pretty low at 4%
Posted by: Andrei
World Economy 300 Trillion
Africa 48 Trillion
China 45 Trillion
India 30 Trillion
United States 27 Trillion
European Union 26 Trillion
Brazil 16 Trillion
Russia 15 Trillion
Japan 12 Trillion
Pakistan 9 Trillion
Bangladesh 8 Trillion
Iran 6 Trillion
Vietnam 6 Trillion
Nepal 2 Trillion
All other 50 Trillion
Posted by: Roy
above is not very accurate- please post source
Posted by: criticizer
I disagree. India is unlikely ever to overtake Japan in the 21st century. Her approach to education is rote.
Posted by: Sadat
Oriental 1,500 Million
Desi 1,500
Black 800
White 700
Asean 600
Hispanic 500
American 400
Arabic 400
Tribal 100
Other 10
Note: There are subraces in each major race.
Christianity 1,500 Million
Hinduism 1,000
Islam 1,000
Daoism 1,000
Buddhism 1,000
Animism 500
Other 500
Note: There are subreligions in each major religion.
GDP as Percentage of World (2000 to 2020)
===========================================
World 100
Africa 18 (9 to 23)
China 16 (8 to 20)
India 10 (3 to 17)
European Union 9 (4 to 15)
USA 9 (5 to 20)
Asean 7 (4 to 11)
Brazil 6 (3 to 7)
Russia 6 (2 to 13)
Middle East 5 (4 to 6)
Pakistan 2 (1 to 4)
Japan 2 (1 to 5)
Bangladesh 1 (1 to 3)
All Other 9 (5 to 15)
Note : These estimates take into account small to medium terrotorial and population changes. The estimates are computed based on population, food production, terroritory sizes and other factors. The world map may look quite different past 2020 based on our research.
India GDP (2000 to 2040)
==========================
Population 15% to 18%
Land 2% to 10%
Food Production 8% to 15%
Electricity 4% to 10%
Tech 4% to 15% (Cell Phones, Computers, etc)
Roads 5% to 15% (Roads, Waterways, Railroads)
Culture 10% to 25% (Movies, Resturants, Events)
Forex 1% to 10% (Euro, Dollar, Yuan, Taka)
Debt -1% to -15% (External, Trade Deficit)
——————————————————
Anticipated GDP 10% of world economy (3% to 17%)
Money Supply
————-
Russia 10 Trillion, 30% yearly growth
United States 8 Trillion, 8% yearly growth
Euro Area 9 Trillion, 9% yearly growth
India 35 Trillion, 18% yearly growth
China 33 Trillion, 19% yearly growth
If you keep printing money at that rate, the same house will cost 50 times more.
Posted by: Joan
USA GDP (2000 to 2100)
==========================
Population 4% to 10%
Land 5% to 12%
Food Production 5% to 15%
Electricity 3% to 25%
Tech 4% to 20% (Cell Phones, Computers, etc)
Roads 7% to 20% (Roads, Waterways, Railroads)
Culture 5% to 20% (Movies, Resturants, Events)
Forex 1% to 10% (Euro, Dollar, Yuan, Taka)
Debt -3% to -25% (External, Trade Deficit)
——————————————————
Anticipated GDP 8% of world economy (2% to 19%)
Posted by: Economy
China GDP (2000 to 2150)
==========
Population 14% to 25%
Land 5% to 20%
Food Production 5% to 25%
Electricity 3% to 20%
Tech 5% to 25%(Cell Phones, Computers, etc)
Roads 3% to 20%(Roads, Waterways, Railroads)
Culture 5% to 20%(Movies, Resturants, Events)
Forex 5% to 25%(Euro, Dollar, Rupee, Yen, Taka)
Debt -1% to -20%(External, Trade Deficit)
——————————
Anticipated GDP 16% of world economy (5% to 25%)
Posted by: Economy
GDP African Union (2000 to 2150)
==========
Population 10% to 25%
Food 5% to 20%
Land 11% to 25%
Electricity 5% to 20%
Tech 3% to 20%(Phones, Computers, Internet)
Roads 2% to 15%(Roads, Waterway, Airports, Railroad)
Culture 3% to 15%(Movies, Resturants, Events)
Forex 1% to 10%(Dollar, Euro, Rupee, Yuan, Peso)
Debt -2% to -20%(External, Public, Trade Deficit)
----------
Anticipated GDP of African Union is 14% of World GDP (3% to 25%)
Posted by: Economy
World of Tomorrow. There have always been rich and poor people. Some things never change...
http://img250.imageshack.us/my.php?image=richaveragepoorcs3.png
Posted by: Rich Poor Average
Possible Map of Asia, the Future.
http://img511.imageshack.us/img511/525/possiblemap201020202050sr2.png
Posted by: Future Map
Exchange rate effects the Volume of trade. See Illustration in the link.
http://img361.imageshack.us/my.php?image=volumeoftradeqy5.jpg
Posted by: Volume of Trade
Reall excellent work on the regional groups.
http://img152.imageshack.us/my.php?image=worldeconomyyw9.png
Posted by: Maps Economy
Total World Economy is usually 100%.
Posted by: Raj Chanani
India 1000 Million People (Hinduism)
Middle East 1000 Million People (Islam)
China 1000 Million People (Taoism)
Asean 1000 Million People (Buddhism)
Europe 1000 Million People (Christianity)
Africa 1000 Million People (Voodoism)
America 1000 Million People (Capatalism)
===========================
World 7000 Million People (Humanism)
Posted by: Human Nation
largest economies 2030
1.United states
2.china
3.india
4.brazil
5.japan
6.russia or pakistan
7.united kingdom or
indonesia
8.france
9.spain or germany
10.phillipeans/ mexico/ bangladesh
Posted by: Anonymous
largest economies 2010
1.china
2.india
3.United states
4.brazil
5.japan
6.russia
7. indonesia
8. pakistan
9.united kingdom or france
10.spain or germany
11.phillipeans/ mexico/ bangladesh Z
Posted by: econman
MORE THAN 3,50,00,00,000 BILLION HANDS MAKE INDIA TO BECOME WORLD SUPER POWER IN 2070.
WHEN MANY OF THE COUNTRYS FALL BY THERE ECONOMY.
WORLD RANKED IN 2070 AS:-
1- INDIA
2- CHINA
3- BRAZIL
4- USA
5- INDONESIA
6- RUSSIA
7- MEXICO
8- MANY EUROPEN COUNTRY IN ROW
9- IRAN
10-MANY AFRICAN COUNTRYS WELL DEVELOPED.
Posted by: Rohit
china-200 trillion
USA-110 trillion
india 90 trillion
world- far behind
Posted by: sss
Agree with article above, India undoubtedly will be the third largest economy in the world by the year 2037. It will also emerge as a global super power that is for sure.
Posted by: Manoj G Tyagi
The largest economies and richest economies are different story:
1. Norway
2. Australia
3. Canada
4. Switzerland
5. US of A
6. Sweden
7. Qatar
8. Oman
9. Kuwait
10. Argentina
Posted by: Anynomyous
European Union
United States
China
India
Other nations
India
United States
China
European Union
Other nations
China
India
United States
European Union
Other nations
United States
China
India
European Union
Other nations
Many possible ways of looking at it. Though you would agree all four countries are very large economies with rich and poor people.
Posted by: Money
at 2023
USA
CHINA
INDIA
JAPAN
GERMANY
BRAZIL
UK
FRENCH
RUSSIA
ITALY/SPAIN
Posted by: deepak k banik
Funny Article,
I think no one is predict about the future 100% correct. So just do your work with honesty.
Thanks
Posted by: Tahir Azeem Alvi
USA -14,000 tri
CHINA 11,200 tri
INDIA 5,000 tri
JAPAN 4,560 tri
Source WIKIPEDIA FUTURE G.D.P
Posted by: John f kennedy
remarkable tricks you've shown in this article. This has been so
Posted by: Bert Ferm
India with a modest growth rate of 7% should have a GDP of approximately 10 trillion $ thus making it the 3rd largest economy from its nominal GDP (1.8 trillion, 2011). Even now it is the 4th largest economy in the world by purchasing power parity (4.057 trillion $).
Posted by: Indian Citizen
Countries with SMALL populations and LARGE raw material reserves will become in the next century the super powers, those with large populations, very well educated will see education being poorly paid. Manufacturing will, on the other hand, continue to require more and more raw materials to generate material for new middle income created people in those large population countries, thus driving up more and more the cost of raw materials. With Brazil having a large population and Australia having a SMALL population, more people per capita will be well off in Australia. Ultimately it wont be about larger populations but about what the basic individual gets out of it. Already Australia is the country where it's citizens enjoy more personal possessions per head of population than any where else on earth. This may or MAY not be a good thing, but is this NOT the measure of success?
Posted by: ian