Nigeria to become the 9th largest economy in the world by 2050 overtaking most of Europe

  1. By 2050, India will have overtaken the US as the world’s second largest economy

106 23 Nigeria to become the 9th largest economy in the world by 2050 overtaking most of EuropeIt’s also projected that the gap between the three biggest economies, China, India and the US, and the rest of the world will widen over the next few decades.

  1. The UK will no longer be among the top ten economies in the world

Britain will be in 11th place by 2050.

Top 10 countries by GDP

GDP (PPP)

Rank 2014 2050
1 China China
2 US India
3 India US
4 Japan Indonesia
5 Germany Brazil
6 Russia Mexico
7 Brazil Japan
8 France Russia
9 Indonesia Nigeria
10 United Kingdom Germany

Both Indonesia and Nigeria will rise through the world rankings, the latter from 20th to 9th.

  1. Countries with emerging economies today will overtake G7 countries in terms of GDP106 25 300x159 Nigeria to become the 9th largest economy in the world by 2050 overtaking most of Europe

E7 economies, China, India, Brazil, Mexico, Russia, Indonesia and Turkey, will, combined, dwarf the G7 economies, Canada, France, Germany, Italy, Japan, the UK and the US, by 2050.

  1. Christianity will still be the dominant religion106 26 300x159 Nigeria to become the 9th largest economy in the world by 2050 overtaking most of Europe

However, Islam will be the fastest-growing religion.

  1. Atheism will rise, but not in the West106 27 300x159 Nigeria to become the 9th largest economy in the world by 2050 overtaking most of Europe106 28 300x159 Nigeria to become the 9th largest economy in the world by 2050 overtaking most of Europe

Mainly due to ageing populations and low fertility rates in countries such as Japan and China.

  1. The world population will reach 9.6 billion106 29 300x159 Nigeria to become the 9th largest economy in the world by 2050 overtaking most of Europe

An increasingly large population may result in issues such as food shortages, according to the UN Food and Agriculture Organisation.

  1. Humans are expected to live longer106 30 300x159 Nigeria to become the 9th largest economy in the world by 2050 overtaking most of Europe

The average life expectancy will be 76 by 2050.

  1. Global CO2 emissions will steadily increase106 31 300x159 Nigeria to become the 9th largest economy in the world by 2050 overtaking most of Europe

In 2010, the world produced around 33 gigatonnes of CO2 – by 2050 its predicted to be 55.87 gigatonnes which could have truly disastrous effects.

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By 9jatravel / Administrator, bbp_keymaster

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on May 04, 2015

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