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Report shows Nigeria among world’s top economies by 2030

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Amaka Obiefuna.

Nigeria has been listed among thirty two countries that will be world’s most powerful economies by the by 2030.

    PwC
PwC

The release by PricewaterhouseCoopers, one of the world’s largest professional-services firms, in its predictions for the most powerful economies in the world by 2030. The report, titled “The long view: how will the global economic order change by 2050?” ranked 32 countries by their projected global gross domestic product by purchasing power parity.

PPP is used by macroeconomists to determine the economic productivity and standards of living among countries across a certain time period.

While PwC’s findings show some of the same countries right near the top of the list in 13 years, they also have numerous economies slipping or rising massively by 2030.

Check out 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 $18.562 trillion):

  1. China — $38.008 trillion
  2. United States — $23.475 trillion
  3. India — $19.511 trillion
  4. Japan — $5.606 trillion
  5. Indonesia — $5.424 trillion
  6. Russia — $4.736 trillion
  7. Germany — $4.707 trillion
  8. Brazil — $4.439 trillion
  9. Mexico — $3.661 trillion
  10. United Kingdom — $3.638 trillion
  11. France — $3.377 trillion
  12. Turkey — $2.996 trillion
  13. Saudi Arabia — $2.755 trillion
  14. South Korea — $2.651 trillion
  15. Italy — $2.541 trillion
  16. Iran — $2.354 trillion
  17. Spain — $2.159 trillion
  18. Canada — $2.141 trillion
  19. Egypt — $2.049 trillion
  20. Pakistan — $1.868 trillion
  21. Nigeria — $1.794 trillion
  22. Thailand — $1.732 trillion
  23. Australia — $1.663 trillion
  24. Philippines — $1.615 trillion
  25. Malaysia — $1.506 trillion
  26. Poland — $1.505 trillion
  27. Argentina — $1.342 trillion
  28. Bangladesh — $1.324 trillion
  29. Vietnam — $1.303 trillion
  30. South Africa — $1.148 trillion
  31. Colombia — $1.111 trillion
  32. Netherlands — $1.08 trillion

 

 

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