Nigeria listed among world’s most powerful economies by 2030

Nigerian Economy pic

Nigeria has been listed among thirty two countries that will be world’s most powerful economies by the by 2030.

The release by PricewaterhouseCoopers, one of the world’s largest professional-services firms, in its predictions for the most powerful economies in the world by 2030.

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 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.

Check out which countries made the list. All numbers cited in the slides are in US dollars and at constant values (for reference, the US’s current PPP is $18.562 trillion):

  1. Netherlands — $1.08 trillion
  2. Colombia — $1.111 trillion
  3. South Africa — $1.148 trillion
  4. Vietnam — $1.303 trillion
  5. Bangladesh — $1.324 trillion
  6. Argentina — $1.342 trillion
  7. Poland — $1.505 trillion
  8. Malaysia — $1.506 trillion
  9. Philippines — $1.615 trillion
  10. Australia — $1.663 trillion
  11. Thailand — $1.732 trillion
  12. Nigeria — $1.794 trillion
  13. Pakistan — $1.868 trillion
  14. Egypt — $2.049 trillion
  15. Canada — $2.141 trillion
  16. Spain — $2.159 trillion
  17. Iran — $2.354 trillion
  18. Italy — $2.541 trillion
  19. South Korea — $2.651 trillion
  20. Saudi Arabia — $2.755 trillion
  21. Turkey — $2.996 trillion
  22. France — $3.377 trillion
  23. United Kingdom — $3.638 trillion
  24. Mexico — $3.661 trillion
  25. Brazil — $4.439 trillion
  26. Germany — $4.707 trillion
  27. Russia — $4.736 trillion
  28. Indonesia — $5.424 trillion
  29. Japan — $5.606 trillion
  30. India — $19.511 trillion
  31. United States — $23.475 trillion
  32. China — $38.008 trillion

(http://www.financialwatchngr.com)

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