Demographics, education, life expectancy, rule of law and other elements of underlying “economic infrastructure” were the main variables that featured in … The country’s economy is forecast to grow from $4.2 trillion to $6.9 trillion. Getty Images. 383. A Capital Economics forecast says China's economy may still be behind the U.S. in 2050. ... World Population - Projecting the population of Earth in 2050 and beyond. Growth averaged 2.5% from 1990 to 2019. Total population by 2050: 107.4 million. Debt as a share of gross domestic product is forecast to hit 195% by 2050, 45 percentage points higher than the CBO projected in June 2019. The figures are given or expressed in Millions of International Dollars at current prices. The indicators cover the education cycle from pre-primary to tertiary education. Key trends to 2050 © The Economist Intelligence Unit Limited 2015 3 C hina is expected to overtake the United States in 2026 in nominal GDP in US dollar terms and maintain its position as the largest economy to 2050. While China is expected to recover strongly, the rest of EAP is only expected to return to a level around 7.5 percent below pre-pandemic projections in 2022, with significant cross-country differences. Starting with projections of slower population growth and an increasing share of the population that is non-white, Harry Holzer of Georgetown University looks ahead to 2050 and sees a more slowly growing labor force that is likely to be no better educated than today’s. World in 2050, 4 Jan 2011, we established a framework for longer-term forecasting and ultimately used it to make GDP projections for 100 countries in 2050. A1. 11 Canada - $2.29 trillion Canada is the only country on this list projected to stay put, currently ranked as the tenth richest country in the world and projected to remain tenth in 2050. Annual projections to 2050 Annual Energy Outlook (released: January 29, 2020) -- See complete table listing for reference case and side cases . Rising Interest Payments. GDP in PPP terms by 2050: $6.8 trillion. ), equity data from household surveys, and projection data to 2050. ,Education, The pandemic is expected to leave lasting economic scars on … The query also holds learning outcome data from international learning assessments (PISA, TIMSS, etc. Overall, Japan, which is today’s third-largest economy, is forecast to fall out of the top 5 by 2050 … CBO projects a substantial increase in interest costs over the next 30 … India is expected to move up the rankings to third place, with … trending in finance. As a result, GDP would be 5.0 percent higher in 2050 than it is in the extended baseline projections, and GDP per person in 2050 would be about $4,600 higher (in 2019 dollars). This is an alphabetical list of countries by past and projected Gross Domestic Product, based on the Purchasing Power Parity (PPP) methodology, not on market exchange rates.These figures have been taken from the International Monetary Fund's World Economic Outlook (WEO) Database, October 2020 Edition. Japan is in a comparable position to Germany in the sense that it’s not so much that the strength of its economy will diminish but, rather, other nations, such as Brazil and Mexico, are expected to accelerate by 2050. Projections for 2015 are that Italy will experience the second slowest growth in the E.U., behind only Cyprus, expanding its GDP by 0.6%. Annual average growth rate by 2050: 1%.