Richest Countries. Predicting the future is a difficult task, especially when it comes to predicting the wealth of countries. And any projections of the new world order in the coming decades involve complex analysis of vital economic systems and infrastructure.
The quality of the education system a nation and democratic institutions, fertility rates, and the rule of law, are all considered. This allows analysts to provide GDP and per capita income in the light of the path that will lead each nation for the year 2050.
HSBC made some pretty scientific predictions, estimating which countries are the richest in 2050, studying the economies of 100 countries.
Richest Countries in 2050
10. Canada – US $ 2.29 trillion
It is expected that Canadians rise 3 points in per capita income, from the fifteenth to twelfth in 2050. The Canadian economy weathered the storm of the economic crisis by strong banking system ranked among the most stable in the world.
This did not save against Canada the recent dip in oil prices. The loony lost ground against the US dollar at a rapid rate because of Canada’s investment in the production of tar sands oil, which is only profitable when oil prices are high.
9. France – US $ 2.75 trillion
Eiffel Tower France among the countries that receive tourists in the world
Not without economic challenges faced by other financial heavyweights of the European Union, France will fall from sixth to ninth richest country in the world in 2050, with Brazil, India and Mexico climbing up France.
Projections indicate that compared to the rest the developed world, France will lag behind in terms of per capita income growth over the coming decades.
8. Mexico – US $ 2.81 trillion
Mexico among the countries hardest working in the world
Currently Mexico is the thirteenth richest country in the world. The average income per capita for Mexicans is expected to fall 5 points, the forty-second in the world for forty-seventh. President Nieto has led political changes that deal with 11 structural issues in the 20 months after he reached the presidency.
Brazil – US $ 2.96 trillion
Brazil among the largest Agribusiness producing countries in the world
Since the period between 1986 and 1994 in which Brazil experienced higher annual inflation to 500%, the country recovered to continue to operate as one of the world’s largest economies. Despite the existential crisis, there is some hope in a few years, with growing prosperity in the foreseeable future, and unfortunately the per capita income for the Brazilian is expected to fall by 9 points fifty-second to position 61 in the world.
UK – US $ 3.58 trillion
United Kingdom among the most expensive countries to buy a car
Currently, Germany is with US $ 346 billion ahead of the British, while in 2050 the difference between the two will be $ 138 billion. The UK was a leader of the Industrial Revolution during the 19th century, setting the table for increased industrialization throughout the 20th century world.
Germany – US $ 3.71 trillion
Germany among the countries with the best education systems in the world
Despite the room fall to fifth per capita income will rise 8 rows German position 18 to 10 in the world, probably due to the reduction of the population of 11 million between 2010 and 2050. The solid financing and a strong economic infrastructure ensure that the country’s economy remains stable.
4. Japan – US $ 6.43 trillion
Japan among the world’s best health systems
With a rapidly aging population, Japan is looking to overcome the worst demographic problems of all the richest countries, with an expected decline in 37% working population.
In addition to the aging population, Japan’s fertility rate is the lowest of all the richest countries, with an average of 1.3 children per person, similar to Germany.
However, as Japan already has experience in dealing with the reduction of the workforce, pay for social aging society services, we can still keep the fourth richest country in the world.
3. India – US $ 8.17 trillion
India among one of the largest producers of coffee in the world. Its number 3 in the richest countries list.
India is an example of the economic benefits of a growing population, ranking among the top 5 in terms of countries that will experience an increase in the active population.
By copying the external economic policies and taking advantage of modern technology, India expects to be one of the engines world economic growth. The country falls into the category of a fast growing economy, expected to enjoy an average annual growth of 5% or more, in part due to low levels of current development.
2. United States – US $ 22.27 trillion
Time square united states one of the most developed countries
All economic infrastructure indicators are strong to the United States as a strong democracy, rule of law and demographics of the population that includes an above average fertility rate. Among the developed world, the United States will experience some of the slower growth in per capita income over the next decades.
1. China – US $ 25.33 trillion
China Modern Dairy among the largest farms in the world
It is expected that the country has already absorbed Hong Kong and Macao in their economic systems in 2049, providing a sufficient momentum in the economy to take the leading position in this selection of 10 world’s richest countries in 2050.
Their population is the second largest the planet in 2050, and citizens will benefit from continued momentum of China to fully modernize its economy. China will achieve the development of the most advanced nations.