According to projections by Goldman Sachs, China and India are poised to lead the global economy, surpassing the United States, while countries such as Indonesia, Nigeria, and Pakistan are set to make substantial gains.
China and India to dominate the global economy
China is projected to maintain its position as the world’s largest economy with an estimated GDP of $57.0 trillion. India follows closely behind with $52.5 trillion, reflecting the rapid economic growth anticipated in the South Asian nation.
The United States, which has long been a dominant economic force, is expected to fall to third place with a GDP of $51.5 trillion, as emerging markets continue to expand at a faster pace.
Emerging markets on the rise
Southeast Asia and Africa are expected to play crucial roles in reshaping the global economic order. Indonesia is forecasted to become the fourth-largest economy with $13.7 trillion, while Nigeria, Africa’s most populous nation, is set to reach $13.1 trillion, making it the continent’s largest economy.
Pakistan and Egypt are also projected to experience significant economic expansion, ranking sixth and seventh, respectively.
Developed economies experience a relative decline
While Germany, the United Kingdom, and Brazil are still among the top ten economies, their rankings are lower compared to emerging nations. Germany is expected to hold the ninth position with a GDP of $8.1 trillion, and the UK is forecasted to be tenth with $7.6 trillion.
Projected top 10 largest economies in 2075
| Rank | Country | Projected GDP ($ Trillion) |
|---|---|---|
|
1 |
China |
57.0 |
|
2 |
India |
52.5 |
|
3 |
USA |
51.5 |
|
4 |
Indonesia |
13.7 |
|
5 |
Nigeria |
13.1 |
|
6 |
Pakistan |
12.3 |
|
7 |
Egypt |
10.4 |
|
8 |
Brazil |
8.7 |
|
9 |
Germany |
8.1 |
|
10 |
UK |
7.6 |
The global economy is set for a dramatic shift by 2075, with emerging economies from Asia and Africa outpacing traditional powerhouses.
Countries such as Indonesia, Nigeria, Pakistan, and Egypt are expected to see remarkable growth, reshaping the future of global economic influence.
As developing nations continue to expand, the balance of economic power will increasingly shift towards these high-growth regions, challenging the long-standing dominance of Western economies.
