Pakistan could become the world’s 20th largest economy by 2030: report
- By Web Desk -
- May 07, 2017
Pakistan is expected to be among the world’s most powerful economies by 2030, said a report carried by World Economic Forum on its website.
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). It was prepared by PricewaterhouseCoopers, one of the world’s largest professional-services firms.
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.
Below is the list of countries that could face economic boom in next 13 years.
32. Netherlands — $1.08 trillion
31. Colombia — $1.111 trillion
30. South Africa — $1.148 trillion
29. Vietnam — $1.303 trillion
28. Bangladesh — $1.324 trillion
27. Argentina — $1.342 trillion
26. Poland — $1.505 trillion
25. Malaysia — $1.506 trillion
24. Philippines — $1.615 trillion
23. Australia — $1.663 trillion
22. Thailand — $1.732 trillion
21. Nigeria — $1.794 trillion
20. Pakistan — $1.868 trillion
19. Egypt — $2.049 trillion
18. Canada — $2.141 trillion
17. Spain — $2.159 trillion
16. Iran — $2.354 trillion
15. Italy — $2.541 trillion
14. South Korea — $2.651 trillion
13. Saudi Arabia — $2.755 trillion
12. Turkey — $2.996 trillion
11. France — $3.377 trillion
10. United Kingdom — $3.638 trillion
9. Mexico — $3.661 trillion
8. Brazil — $4.439 trillion
7. Germany — $4.707 trillion
6. Russia — $4.736 trillion
5. Indonesia — $5.424 trillion
4. Japan — $5.606 trillion
3. India — $19.511 trillion
2. United States — $23.475 trillion
1. China — $38.008 trillion