It is no wonder that India, the 2nd largest populated country in the world, will be having the largest economy by 2050.United States, which currently is the largest economy of GDP (PPP) $14.66 trillion will come down to the 3rd position with $39.07 trillion. On the other hand, India will see a rapid growth in the future ahead. From being the 4th largest economy of $4.06 trillion, it will become the power center of world by 2050.
Not far behind is China with the estimated GDP of $80.02 trillion in 2050. It is a fact that China has the 2nd largest economy with GDP of $10.09 trillion and will keep the same position in 2050 as well.
It has been predicted by IMF that developing economies will expand by 5.4% this year and 5.9% next year. And it can be seen from this list that other countries like Egypt, Nigeria, Mexico will have a promising growth in the next 40 years.