Author Topic: Dominant economies in 2050 according to HSBC (Read 3245 times)

hubag bohol · « **on:** November 30, 2012, 07:52:25 PM »

#50: Portugal

Size of Economy (Year 2000 dollars): $336 billion
Income per capita (Year 2000 dollars): $35,863
Detail: Even as Portugal's economy nearly triples, the country will see the ranking of its economy by size fall 10 places. HSBC forecasts population declines of 18%.

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hubag bohol · « **Reply #1 on:** November 30, 2012, 07:53:16 PM »

#49: Czech Republic

Size of Economy (Year 2000 dollars): $342 billion
Income per capita (Year 2000 dollars): $32,153
Detail: Income per capita in the Czech Republic will largely follow growth rates of the entire Central and Eastern European market, staying above 4% for the next 30 years.

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hubag bohol · « **Reply #2 on:** November 30, 2012, 07:54:08 PM »

#48: Norway

Size of Economy (Year 2000 dollars): $352 billion
Income per capita (Year 2000 dollars): $59,234
Detail: Norway will drop the greatest among the top 50 economies, falling 22 spaces as its economy grows at a slow but steady rate. Still, its income per capita will rank it among the top ten in the world.

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hubag bohol · « **Reply #3 on:** November 30, 2012, 07:54:47 PM »

#47: United Arab Emirates

Size of Economy (Year 2000 dollars): $360 billion
Income per capita (Year 2000 dollars): $29,651
Detail: The United Arab Emirates will see relatively average growth over the coming 40 years, with its population expanding by 4 million and income per capita increasing by about $4,000.

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hubag bohol · « **Reply #4 on:** November 30, 2012, 07:55:27 PM »

#46: Romania

Size of Economy (Year 2000 dollars): $377 billion
Income per capita (Year 2000 dollars): $20,357
Detail: Romania, a large textile producer, will see its economy expand nearly ten-fold, averaging income per capita growth of 5.7% over the 40 years.

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hubag bohol · « **Reply #5 on:** November 30, 2012, 07:56:11 PM »

#45: Ireland

Size of Economy (Year 2000 dollars): $386 billion
Income per capita (Year 2000 dollars): $61,363
Detail: Even as Ireland faces tremendous issues currently, small population growth, coupled with relatively upbeat GDP growth, will translate into a huge gain in income per capita.

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hubag bohol · « **Reply #6 on:** November 30, 2012, 07:56:42 PM »

#44: Israel

Size of Economy (Year 2000 dollars): $402 billion
Income per capita (Year 2000 dollars): $37,731
Detail: The small country will see a population boom of +40% to nearly 11 million by 2050.

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hubag bohol · « **Reply #7 on:** November 30, 2012, 07:57:20 PM »

#43: Greece

Size of Economy (Year 2000 dollars): $424 billion
Income per capita (Year 2000 dollars): $38,756
Detail: After extensive delevering, painful austerity measures, and political strife, HSBC forecasts Greece will see its economy gain speed through 2050.

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hubag bohol · « **Reply #8 on:** November 30, 2012, 07:58:20 PM »

#42: Singapore

Size of Economy (Year 2000 dollars): $441 billion
Income per capita (Year 2000 dollars): $84,405
Detail: Singapore's population will remain stagnant over the next 40 years, as it grapples with little land for expansion. However, its income per capita will swell to the highest among top 50 nations â€” and second overall.

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hubag bohol · « **Reply #9 on:** November 30, 2012, 07:58:56 PM »

#41: Vietnam

Size of Economy (Year 2000 dollars): $451 billion
Income per capita (Year 2000 dollars): $4,335
Detail: Vietnam, like many of its rapid growing neighbors, will see strong economic expansion during the coming 40 years, with GDP growth expected to top 5% per annum.

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hubag bohol · « **Reply #10 on:** November 30, 2012, 08:04:24 PM »

#40: Ukraine

Size of Economy (Year 2000 dollars): $462 billion
Income per capita (Year 2000 dollars): $12,818
Detail: HSBC notes that the Ukraine will see strong growth because of advances in its education system and rule of law, even as its population contracts.

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hubag bohol · « **Reply #11 on:** November 30, 2012, 08:04:58 PM »

#39: Belgium

Size of Economy (Year 2000 dollars): $481 billion
Income per capita (Year 2000 dollars): $41,842
Detail: Belgium, like many European nations, will see its economy fall in relative size, even as it expands at a stable pace. The country's population is expected to remain near 11 million over the time frame.

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hubag bohol · « **Reply #12 on:** November 30, 2012, 08:05:34 PM »

#38: Sweden

Size of Economy (Year 2000 dollars): $507 billion
Income per capita (Year 2000 dollars): $47,941
Detail: Sweden will grow at a slower pace than Belgium, although total GDP in Sweden will still remain larger. The population in the Scandinavian country is expected to grow by two million.

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hubag bohol · « **Reply #13 on:** November 30, 2012, 08:06:07 PM »

#37: Nigeria

Size of Economy (Year 2000 dollars): $515 billion
Income per capita (Year 2000 dollars): $1,323
Detail: Nigeria's swelling population, which will be about 14 million less than the United States' population in 2050, will help contribute to the country's ascension. Income per capita will still remain painfully low, ranking it 98th out of the top 100.

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hubag bohol · « **Reply #14 on:** November 30, 2012, 08:06:58 PM »

#36: Austria

Size of Economy (Year 2000 dollars): $520 billion
Income per capita (Year 2000 dollars): $61,124
Detail: A slightly growing population, coupled with stable GDP growth will boost income per capita by more than $30,000.

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hubag bohol · « **Reply #15 on:** November 30, 2012, 08:07:52 PM »

#35: South Africa

Size of Economy (Year 2000 dollars): $529 billion
Income per capita (Year 2000 dollars): $9,308
Detail: An additional seven million people and a near tripling of income per capita will help the economy expand. Of the nine countries in Africa on the complete list of 100, South Africa will have the smallest increase in the size of its labor pool.

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hubag bohol · « **Reply #16 on:** November 30, 2012, 08:08:29 PM »

#34: Algeria

Size of Economy (Year 2000 dollars): $538 billion
Income per capita (Year 2000 dollars): $11,566
Detail: Algeria's economy is expected to grow to over $525 billion in size, from about $76 billion today. A 34% population increase will help that along.

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hubag bohol · « **Reply #17 on:** November 30, 2012, 08:09:22 PM »

#33: Venezuela

Size of Economy (Year 2000 dollars): $558 billion
Income per capita (Year 2000 dollars): $13,268
Detail: Venezuela will see its population grow by 44%, and jump two spots in this year's list. It's also the first of six Latin American countries to crack the top 50.

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hubag bohol · « **Reply #18 on:** November 30, 2012, 08:10:15 PM »

#32: Chile

Size of Economy (Year 2000 dollars): $592 billion
Income per capita (Year 2000 dollars): $29,513
Detail: Commodity exports will continue to be a boon for Chile, which HSBC has labeled a growth country. However, the country has the second-lowest fertility rate in Latin America (behind Cuba), meaning production per capita will need the fuel to charge higher.

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hubag bohol · « **Reply #19 on:** November 30, 2012, 08:10:48 PM »

#31: Bangladesh

Size of Economy (Year 2000 dollars): $673 billion
Income per capita (Year 2000 dollars): $3,461
Detail: Bangladesh will jump more than 17 spots as its economy expands over the coming 40 years.

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hubag bohol · « **Reply #20 on:** November 30, 2012, 08:13:28 PM »

#31: Pakistan

Size of Economy (Year 2000 dollars): $675 billion
Income per capita (Year 2000 dollars): $2,455
Detail: Though Pakistan has recently been at odds with the U.S., the country remains one of its largest trading partners. Pakistan is a strong textile producer.

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hubag bohol · « **Reply #21 on:** November 30, 2012, 08:14:03 PM »

#29: Switzerland

Size of Economy (Year 2000 dollars): $711 billion
Income per capita (Year 2000 dollars): $83,559
Detail: Switzerland's economic importance will diminish over the coming years, according to HSBC. That said, the country will experience one of the highest incomes per capita.

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hubag bohol · « **Reply #22 on:** November 30, 2012, 08:15:08 PM »

#28: Colombia

Size of Economy (Year 2000 dollars): $725 billion
Income per capita (Year 2000 dollars): $11,530
Detail: Colombia may be hindered by its below average length of schooling, which comes in at about 7.7 years. However, the country will benefit from much lower inflation compared to peer countries in Latin America.

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hubag bohol · « **Reply #23 on:** November 30, 2012, 08:15:37 PM »

#27: Iran

Size of Economy (Year 2000 dollars): $732 billion
Income per capita (Year 2000 dollars): $7,547
Detail: Iran's economy will gain significant traction over the next forty years, but its income per capita will decline 9 spots.

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hubag bohol · « **Reply #24 on:** November 30, 2012, 08:16:14 PM »

#26: Peru

Size of Economy (Year 2000 dollars): $735 billion
Income per capita (Year 2000 dollars): $18,940
Detail: Peru will likely emerge into the spotlight in Latin America, as its annual growth tops nearly all peers in the region. HSBC estimates that income per capita will grow at the second-fastest rate in Central and Southern America, behind only Bolivia.

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hubag bohol · « **Reply #25 on:** November 30, 2012, 08:16:46 PM »

#25: Poland

Size of Economy (Year 2000 dollars): $786 billion
Income per capita (Year 2000 dollars): $24,547
Detail: An average education system along with a moderate fertility rate, will keep Poland in roughly the same rank in 2050 as it was in 2010.

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hubag bohol · « **Reply #26 on:** November 30, 2012, 08:17:28 PM »

#24: Netherlands

Size of Economy (Year 2000 dollars): $798 billion
Income per capita (Year 2000 dollars): $45,839
Detail: With stable growth, the Netherlands will look much like it does today in forty years. HSBC estimates the country's population will remain stagnant and its relative standard of living will rank it in the teens, just as it did in 2010.

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hubag bohol · « **Reply #27 on:** November 30, 2012, 08:18:51 PM »

#23: Thailand

Size of Economy (Year 2000 dollars): $856 billion
Income per capita (Year 2000 dollars): $11,674
Detail: Thailand will suffer slightly from a lower percentage of its population remaining in the workforce, as it ages and its fertility rate remaining below the Asian average

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hubag bohol · « **Reply #28 on:** November 30, 2012, 08:19:37 PM »

#22: Saudi Arabia

Size of Economy (Year 2000 dollars): $1.1 trillion
Income per capita (Year 2000 dollars): $25,845
Detail: The oil-producing nation is the first of 22 countries to top the $1 trillion GDP mark. However, its standard of living is expected to take a hit as its income per capita falls nine spots, from 34 to 43.

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hubag bohol · « **Reply #29 on:** November 30, 2012, 08:20:09 PM »

#21: Malaysia

Size of Economy (Year 2000 dollars): $1.2 trillion
Income per capita (Year 2000 dollars): $29,247
Detail: The electronic equipment, petroleum, and liquefied natural gas producer will see a substantial increase in income per capita. Malaysian life expectancy, relatively high level of schooling, and above average fertility rate will help in its rapid expansion.

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hubag bohol · « **Reply #30 on:** November 30, 2012, 08:20:39 PM »

#20: Egypt

Size of Economy (Year 2000 dollars): $1.2 trillion
Income per capita (Year 2000 dollars): $8,996
Detail: An incredibly growing population which will top 130 million people will propel Egypt 15 spots into the top 20. Egypt will also rank as the largest African economy in 2050.

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hubag bohol · « **Reply #31 on:** November 30, 2012, 08:21:14 PM »

#19: Argentina

Size of Economy (Year 2000 dollars): $1.5 trillion
Income per capita (Year 2000 dollars): $29,001
Detail: Argentina has faced hyper-inflation and closed-off capital markets after it defaulted on debt years ago. However, the country looks like a growth nation to HSBC for its strong natural resource portfolio.

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hubag bohol · « **Reply #32 on:** November 30, 2012, 08:21:46 PM »

#18: Australia

Size of Economy (Year 2000 dollars): $1.5 trillion
Income per capita (Year 2000 dollars): $51,523
Detail: Australia will report relatively tame growth if HSBC is correct. The country's population growth, along with strong education systems and capital markets, will allow it to remain in the top tier of income per capita rankings.

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hubag bohol · « **Reply #33 on:** November 30, 2012, 08:22:29 PM »

#17: Indonesia

Size of Economy (Year 2000 dollars): $1.5 trillion
Income per capita (Year 2000 dollars): $5,215
Detail: Even as Indonesia sees strong economic growth, income per capita will remain in the same 85th place ranking.

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hubag bohol · « **Reply #34 on:** November 30, 2012, 08:23:30 PM »

#16: Philippines

Size of Economy (Year 2000 dollars): $1.7 trillion
Income per capita (Year 2000 dollars): $10,893
Detail: Unlike Indonesia, peer Philippines will make meaningful progress increasing income per capita, advancing more than 10 spots. Add that to a population with 62 million more people, and GDP will increase by a factor of 15.

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hubag bohol · « **Reply #35 on:** November 30, 2012, 08:24:21 PM »

#15: Russia

Size of Economy (Year 2000 dollars): $1.9 trillion
Income per capita (Year 2000 dollars): $16,174
Detail: The first BRIC on the list (expect to see the next three pretty soon), Russia will see its population decline by more than 1% per annum. Nonetheless, it will continue to post high steady growth, HSBC estimates.

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hubag bohol · « **Reply #36 on:** November 30, 2012, 08:25:26 PM »

#14: Spain

Size of Economy (Year 2000 dollars): $2.0 trillion
Income per capita (Year 2000 dollars): $38,111
Detail: Like many European peers, Spain will maintain a strong income per capita, although not advance much further. The country's population will expand by some six million.

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hubag bohol · « **Reply #37 on:** November 30, 2012, 08:26:04 PM »

#13: South Korea

Size of Economy (Year 2000 dollars): $2.1 trillion
Income per capita (Year 2000 dollars): $46,657
Detail: South Korea's total population will decline over the next forty years, but strong increases in individual contributions to GDP will keep the country in the top 20.

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hubag bohol · « **Reply #38 on:** November 30, 2012, 08:26:44 PM »

#12: Turkey

Size of Economy (Year 2000 dollars): $2.1 trillion
Income per capita (Year 2000 dollars): $22,063
Detail: Turkey will advance six spots from 2010 to 2050. However, it will still be hindered by the lowest average male education in central and eastern Europe, at 7 years.

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hubag bohol · « **Reply #39 on:** November 30, 2012, 08:27:24 PM »

#11: Italy

Size of Economy (Year 2000 dollars): $2.2 trillion
Income per capita (Year 2000 dollars): $38,445
Detail: The country, currently under incredible stress as the debt crisis in Europe mounts, will drop out of the top ten largest economies by 2050 as its population declines and personal incomes grow at a lower rate than other expanding nations.

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