Who will be the world's richest nations in 2030?
Who will be sitting at the top of the world's economic league table in 2030? Here are the US Department of Agriculture's predictions.
Who will be sitting at the top of the world's economic league table in 2030? Here are the US Department of Agriculture's predictions, and there are some surprises in there.
30. Argentina
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Starting off the list, Argentina is set to come in as the world’s thirtieth biggest economy by 2030 after seeing a 1.9% jump from its 2016 valuation. This will bring the country’s GDP up from £359 billion to £420 billion.
29. Belgium
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After the projected 1.5% growth of Belgium’s economy, its value will move from its 2016 figure of £353 billion to £444 billion in 2030.
28. South Africa
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South Africa will have the twenty-eighth largest economy in the world after seeing an 1.6% increase in GDP between 2016 and 2030, bringing its value up to £445 billion from its current £292 billion.
27. Taiwan
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Taiwan’s 2016 GDP of £349 billion will see a surge up to £465 billion thanks to a projected 1.6% increase.
26. Colombia
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According to the forecasted 4% increase in Colombia’s economic worth, the country’s GDP is set to hit a value of £470 billion by 2030, nearly doubling its 2016 worth of £259 billion.
25. Sweden
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After an increase of 1.7% over the next 15 years, Sweden’s economy will be worth £483 billion as of 2030, up from its 2016 value of £376 billion.
24. Belgium-Luxembourg
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Belgium and Luxembourg are positioned to see a 1.5% rise in the valuation of their economies with their GDP hiking up from its 2016 value of £395 billion to £498 billion by 2030.
23. Switzerland
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Switzerland’s economy will be worth £540 billion in 2030 after seeing a 1.5% hike from its 2016 value of £435 billion.
22. Poland
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Following the 2.5% increase it’s meant to experience, Poland’s economical worth will jump from £396 billion to £582 billion by 2030.
21. Iran
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Iran’s economy is set to grow exponentially following a 5% increase between 2016 and 2030 bringing its GDP up from £296 billion to £589 billion.
20. Nigeria
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After a 3.6% increase, Nigeria’s economy will jump from £338 billion in 2016 to £630 billion in worth by 2030.
19. The Netherlands
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The Netherlands will boast an economy worth £749 billion by 2030 thanks to a 1.5% increase from its 2016 value of £597 billion.
18. Saudi Arabia
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Following a projected 3.3% increase to Saudi Arabia’s GDP, its economic value is set to jump from £474 billion in 2016 to £829 billion in 2030.
17. Turkey
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Turkey is set to experience a 4% boom in its economy’s value from its 2016 worth of £635 billion.
16. South Korea
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South Korea’s 2016 GDP of £902 billion is set to see a projected 2.1% increase, bringing its value up to £1,311 billion by 2030.
15. Spain
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Spain is set to have the fifteenth biggest economy in the world by 2030 after a 1.7% jump from £1,016 billion in 2016 to £1,320 billion.
14. Australia
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Australia will boast an economy worth £1,336 billion as of 2030 following a 2.5% growth from its 2016 GDP of £920 billion.
13. Mexico
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With a value of £1,353 billion, Mexico’s economy will have seen a 3.3% increase by 2030 from its 2016 figure of £855 billion.
12. Indonesia
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Coming in ahead of countries such as Spain and Saudi Arabia, Indonesia’s GDP is set to see a 4.4% increase from £712 billion in 2016 to £1,426 billion in 2030.
11. Russia
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Russia’s GDP is set to jump from £1,095 billion in 2016 to £1,524 billion in 2030 after a projected 2.3% increase.
10. Italy
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Italy’s GDP will be £1,614 billion by 2030 following a 0.8% increase from its value of £1,423 billion in 2016.
9. Canada
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Canada is projected to have the ninth biggest economy in the world by 2030 thanks to a 2.1% leap in its GDP. Increasing from a 2016 value of £1,256 billion, its economy will be worth £1,707 billion.
8. Brazil
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A 2.5% growth in Brazil’s economic value will bring the country’s GDP up to £2,172 billion from its 2016 figure of £1,590 billion.
7. France
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Taking a leap from its 2016 value of £1,929 billion, France is set to have an economy worth £2,388 billion by 2030 after a 1.5% increase over the years.
6. United Kingdom
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After a 2.5% boom, the sixth biggest economy in the world in 2030 will belong to the UK. This means its GDP will increase from £1,861 billion to £2,620 billion.
5. Germany
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Germany’s economy will be worth a cool £2,958 billion in 2030 following a projected 0.9% jump from its value of £2,573 billion in 2016.
4. Japan
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Should the projected 0.7% increase in Japan’s economic worth become reality, its 2016 GDP of £3,977 billion will rise to £4,487 billion by 2030.
3. India
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India’s economy is set to soar by a huge 6.9% in the next decade and a half, jumping from a GDP of £1,757 billion in 2016 to £5,004 billion in 2030.
2. China
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Following a 5% increase from its 2016 GDP of £6,390 billion, China is set to boast an economy worth £12,935 billion by 2030.
1. United States of America
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No huge surprise that the United States takes the number one slot with a projected GDP of £16,380 billion in 2030. This is a 2.3% increase from its 2016 value of £11,775 billion.
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