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In 2011 the current membership of the OECD made up 65 per cent of global output, compared with a combined 24 per cent for China and India. By 2060 the two Asian giants will have a 46 per cent share of world GDP, the OECD members a shrunken 42 per cent. India's economy will be a bit bigger than America's, China's a lot, according to The Economist.
Even so the Chinese and Indians will still be much less well-off than Americans, it says.
Let's take a look at GDP per person in 2011 and 2060 around the world, including India.
Source: The Economist
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Canada
GDP per person (2011): 88 per cent (of United States)
GDP per person (2060): 84 per cent (of United States)
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Germany
GDP per person (2011): 79 per cent (of United States)
GDP per person (2060): 79 per cent (of United States)
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The United Kingdom
GDP per person (2011): 76 per cent (of United States)
GDP per person (2060): 78 per cent (of United States)
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Japan
GDP per person (2011): 75 per cent (of United States)
GDP per person (2060): 79 per cent (of United States)
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France
GDP per person (2011): 70 per cent (of United States)
GDP per person (2060): 64 per cent (of United States)
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Spain
GDP per person (2011): 64 per cent (of United States)
GDP per person (2060): 62 per cent (of United States)
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South Korea
GDP per person (2011): 78 per cent (of United States)
GDP per person (2060): 64 per cent (of United States)
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Italy
GDP per person (2011): 64 per cent (of United States)
GDP per person (2060): 58 per cent (of United States)
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Greece
GDP per person (2011): 57 per cent (of United States)
GDP per person (2060): 56 per cent (of United States)
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Czech Republic
GDP per person (2011): 58 per cent (of United States)
GDP per person (2060): 78 per cent (of United States)
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Portugal
GDP per person (2011): 50 per cent (of United States)
GDP per person (2060): 50 per cent (of United States)
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Russia
GDP per person (2011): 36 per cent (of United States)
GDP per person (2060): 46 per cent (of United States)
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Turkey
GDP per person (2011): 30 per cent (of United States)
GDP per person (2060): 44 per cent (of United States)
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Mexico
GDP per person (2011): 29 per cent (of United States)
GDP per person (2060): 44 per cent (of United States)
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Brazil
GDP per person (2011): 22 per cent (of United States)
GDP per person (2060): 39 per cent (of United States)
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South Africa
GDP per person (2011): 21 per cent (of United States)
GDP per person (2060): 40 per cent (of United States)
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China
GDP per person (2011): 18 per cent (of United States)
GDP per person (2060): 39 per cent (of United States)
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India
GDP per person (2011): 04 per cent (of United States)
GDP per person (2060): 28 per cent (of United States)