China, in second place, will have a GDP of $ 80.02 trillion and the US $ 39.07 trillion (see chart).
With an estimated population in 2050 of 1.63 billion, India will thus have a per capita income of over $53,000 – in the range of today’s wealthiest countries like Switzerland and Norway.
Sounds too good to be true?
Which country has highest GDP in 2018?
China will remain the world’s largest economy on ppp basis over the next few decades as 2nd ranked US is growing slow and 3rd ranked India is way behind. In nominal ranking, India which is at 7th place in 2018, is projected to surpass United Kingdom and France in 2019 to become 5th largest economy of the world.
Which countries have the highest GDP per capita?
The World’s Top 10 Economies by Per Capita GDP
- Luxembourg. The world’s most competitive economy in terms of per capita GDP is Luxembourg with a value of USD 104,103 in 2017.
- Switzerland. The country with the world’s second highest per capita GDP is Switzerland with a value of USD 80,189.
- Norway.
- Iceland.
- Ireland.
- Qatar.
- United States.
- Singapore.
What is the richest country in the world GDP?
GDP based on PPP share of 2018 world total, in %
- Spain.
- Mexico.
- Indonesia. Nominal GDP: $1.01 trillion.
- Turkey. Nominal GDP: $849.48 billion.
- Netherlands. Nominal GDP: $849.48 billion.
- Saudi Arabia. Nominal GDP: $683.82 billion.
- Switzerland. Nominal GDP: $678.57 billion.
- 5 States with the Highest Real GDP Per Capita. FA Relevant.
Which country has lowest GDP?
Top 10 Countries with the Lowest GDP per Capita
- Democratic Republic of the Congo.
- Liberia.
- Tokelau.
- Malawi.
- Niger.
- Mozambique.
- South Sudan.
- Comoros.
Which country will be the richest in 2050?
- 2 China – $25.33 trillion. The richest country in the world in 2050 is predicted to be China.
- 3 United States – $22.27 trillion.
- 4 India – $8.17 trillion.
- 5 Japan – $6.43 trillion.
- 6 Germany – $3.71 trillion.
- 7 United Kingdom – $3.58 trillion.
- 8 Brazil – $2.96 trillion.
- 9 Mexico – $2.81 trillion.
What’s the richest country in the world 2019?
Richest Countries In The World – Top 15
- Kuwait. Photo: xiquinhosilva.
- Switzerland. Photo: public domain.
- United States. Photo: chensiyuan.
- San Marino. Photo: Max_Ryazanov.
- Netherlands. Photo: Wikimedia Commons.
- Saudi Arabia. Photo: Fahad naji00.
- Iceland. Photo: Public domain.
- Germany. Photo: Richard Bartz. GDP (PPP) per capita: 57 360 Int. $
Why is Norway so rich?
That Norway should be so wealthy is no surprise. It is the world’s fifth-largest oil exporter, with annual oil revenues of around $40 billion, and boasts a vibrant and diversified economy that spreads prosperity widely within the society.
What country is the poorest country in the world?
One of the factors used to determine the richest and poorest countries in the world is by taking a look at each nation’s gross domestic product per capita.
Poorest Countries In Africa 2019
- Somalia.
- Central African Republic.
- Democratic Republic of the Congo.
- Burundi.
- Liberia.
- Niger.
- Malawi.
- Mozambique.
Which is the richest country in the world?
Top 10 Richest Countries in the World
- Kuwait. GDP per capita ($): 71,930.
- Norway. GDP per capita ($): 72,190.
- Ireland. GDP per capita ($): 75,790.
- Brunei Darussalam. GDP per capita ($): 77,700.
- Singapore. GDP per capita ($): 93,680.
- Luxembourg. GDP per capita ($):112,710.
- Macao. GDP per capita ($): 125,170.
- Qatar. GDP per capita ($): 129,360.
Photo in the article by “George W. Bush White House” https://georgewbush-whitehouse.archives.gov/news/releases/2006/07/20060727-9.html