GEOGRAPHICAL NAMES -

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Gross Domestic Product projections from present day through 2050 are made under the assumptions that markets stay open and macroeconomic policies remain sound; additionally, catastrophes�economic, natural, or geopolitical�are assumed not to occur. For these reasons, the projections represent only an educated assessment of the present direction of the international economy.

See explanation in the Notes below the table.

G20 GDP for 2009 and projections for 2030 and 2050
G20 Countries are ranked by 2050 GDP, highest to lowest

NOTES:

As developing countries house an increasingly larger share of people, capital, and technology, their share of global GDP will increase, shifting the economic balance of power. Well before mid-century, the United States and the main European powers, long the leaders of the global economy, will be joined in economic size by several emerging markets in Asia and Latin America.

However, as these countries become the world�s largest economies, as well as the most populous, they will not rise among the world�s richest, breaking the decades-old correlation between economic size and per capita income. This notion of a low- or middle-income country becoming the world�s largest economy, introduced as early as 1993 when China was predicted to rise as a world power, now appears increasingly likely. The recent promotion of the G20 as the world�s principal economic forum will likely mark the end of wealthy countries� dominance over the world economy and usher in a more integrated and complex economic era.