Year 2050: World's top 10 economies

Image: People sit inside a restaurant at the Emporio mall in New Delhi.
Photographs: Adnan Abidi/Reuters.

While there is little doubt that the emerging economies present the best chances for economic growth, not all countries will prosper at the same rate, says the Wealth Report 2012 by Knight Frank & Citi Private Bank

The International Monetary Fund predicts emerging economies will expand by 5.4 per cent this year and 5.9 per cent next year.

While this certainly marks a significant downgrade from previous forecasts, it still outpaces the average GDP growth of 1.2 per cent and 1.9 per cent expected this year and next year in advanced economies.

Citi research shows that while China and India are likely to grow rapidly over the next 40 years, there are other key countries with promising chances for growth.

Take a look at the top ten nations in terms of GDP (PPP) in 2050...

1. India

GDP (PPP): $85.97 trillion

GDP by purchasing power parity (PPP)

Tags: GDP , PPP , International Monetary Fund , Knight Frank & Citi Private Bank , China

Year 2050: World's top 10 economies

Image: A man takes a photo for his daughter in front of a Christmas tree at a shopping mall in Shenyang.
Photographs: Sheng Li/Reuters.

2. China

GDP (PPP): $80.02 trillion

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Year 2050: World's top 10 economies

Image: US President Barack Obama buys a bone for his dog Bo (R) in Alexandria, Virginia.
Photographs: Kevin Lamarque/Reuters.

3. United States

GDP (PPP): $39.07 trillion

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Year 2050: World's top 10 economies

Image: Men look at a Lamborghini on display at a shopping mall in Jakarta.
Photographs: Enny Nuraheni/Reuters.

4. Indonesia

GDP (PPP): $13.93 trillion

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Year 2050: World's top 10 economies

Image: Shoppers walk in a mall in Refice, northeast Brazil.
Photographs: Bruno Domingos/Reuters.

5. Brazil

GDP (PPP): $11.58 trillion

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Year 2050: World's top 10 economies

Image: A Nigerian man looks at a vehicle by German carmaker Porsche in Lagos.
Photographs: Monica Mark/Reuters.

6. Nigeria

GDP (PPP): $9.51 trillion

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Year 2050: World's top 10 economies

Image: Cars drive past sightseers on a bridge over the Moskva river near a Stalin era skyscraper in central Moscow.
Photographs: Anton Golubev/Reuters.

7. Russia

GDP (PPP): $7.77 trillion

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