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This article was first published 12 years ago

World's top 10 richest countries in 2050

Last updated on: August 23, 2012 12:24 IST


Photographs: Issei Kato/Reuters

The London School of Economics professor Danny Quah forecasts that by 2050 the world's economic centre of gravity, a theoretical measure of the focal point of global economic activity based on GDP, will have shifted eastwards, as quoted in the Wealth Report 2012 by Knight Frank & Citi Private Bank.

There are now 18,000 centa-millionaires in the region covering South-East Asia, China and Japan.

While these countries can expect rapid economic growth, much of the wealth already held in developed economies will be maintained, according to Citi.

So, take a look at the top ten richest nations in terms of GDP (PPP) in 2050...

Note: GDP by purchasing power parity (PPP)

...

World's top 10 richest countries in 2050

Image: An aerial view of Marina Bay and central business district skyline in Singapore
Photographs: David Loh/Reuters

Singapore

Ranking: 1

2010: $ 56,532

2050: $137,710

...

Tags: , Singapore

World's top 10 richest countries in 2050

Image: A view of Hong Kong's financial district
Photographs: Tyrone Siu/Reuters

Hong Kong

Ranking: 2

2010: $45,301

2050: $116,639

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Tags: , Hong Kong

World's top 10 richest countries in 2050


Photographs: Alberto Barleycom/Reuters

Taiwan

Ranking: 3

2010: NA

2050: $114, 093

...

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World's top 10 richest countries in 2050


Photographs: Reuters

South Korea

Ranking: 4

2010: NA

2050: $107,752

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World's top 10 richest countries in 2050


Photographs: Reuters

US

Ranking: 5

2010: $45,511

2050: $100,802

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Tags: , US

World's top 10 richest countries in 2050

Image: The Kingdom Tower stands in the night in Riyadh, Saudi Arabia
Photographs: Ali Jarekji/Reuters

Saudi Arabia

Ranking: 6

2010: NA

2050: $98,311

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Tags: , Saudi Arabia

World's top 10 richest countries in 2050


Photographs: Chris Wattie/Reuters

Canada

Ranking: 7

2010: $38,640

2050: $96,375

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World's top 10 richest countries in 2050


Photographs: Reuters

United Kingdom

Ranking: 8

2010: NA

2050: $91,130

...

World's top 10 richest countries in 2050

Image: A general view shows the city of Zurich, Lake Zurich and the eastern Swiss Alps
Photographs: Arnd Wiegmann/Reuters

Switzerland

Ranking: 9

2010: $42,470

2050: $90,956

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Tags: , Switzerland

World's top 10 richest countries in 2050


Photographs: Mike Blake/Reuters

Austria

Ranking: 10

2010: $39,0773

2050: $90,158

Tags: Austria