There are many countries that will be greater than USA in future, given their vast and growing economies which is hourly rising to meet that of the US in the very closest future.
In fact, by 2050, the global market is projected to double its current size, even as the UN forecasts the world’s population will only grow by a modest 26%. This growth will bring with it plenty of changes. Though it can be challenging to predict exactly how the future will unfold, most economists agree on one thing: today’s developing markets will be tomorrow’s economic superpowers.
List of Countries that will be Greater than USA in Future.
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China
This is the most dependable of all the list of countries that will be greater than USA in future. As measured by GDP by purchasing power parity (PPP), which adjusts for price level differences across countries, China already has the largest economy in the world. The Asian behemoth has seen massive economic gains over the past decade, but economists promise that it is just the tip of the iceberg for what the future holds.
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South Korea
South Korea’s high-tech, service-based economy, is a foreign investment success story, becoming the first recipient of OECD Development Assistance Committee funds to later become a donor of the funds. The nation has seen steady growth and poverty reduction since the 1960s and is now the world’s seventh-largest exporter and 11th-largest economy overall.
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India
India is one of the list of countries that will be greater than USA in future. The world’s second-most-populous country is expected to see massive growth over the next three decades, averaging 5% growth in GDP per year, according to the report – making it one of the fastest-growing economies in the world. By 2050, India is projected to be the world’s second-largest economy (overtaking the United States) and will account for 15% of the world’s total GDP. The positive outcomes of that growth have already started to make an impact for residents.
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Thailand
A substantial agriculture sector and competitive manufacturing industry have kept Thailand strong and growing with low poverty and unemployment rates. It is the world’s largest exporter of rice and a leader in textiles, tin and electronics. Western education and technology have been absorbed into a devout Buddhist society.
This country is one of the world’s most visited countries, though tourism accounts for just 7 percent of gross domestic product. It is one of the list of countries that will be greater than USA in future.
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Saudi Arabia
Saudi Arabia is the giant of the Middle East, with both the vast majority of land and wealth of the Arabian Peninsula falling within its borders. The country is one of the list of countries that will be greater than USA in future.
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Russia
While the U.S. ranks as the world’s largest economy with a GDP of $21 trillion,2 Russia’s nominal GDP comes in at $1.48 trillion. 1 In terms of GDP, Russia trails much smaller countries, such as the United Kingdom, Italy, and France.
However, looking at the growth level of Russia in terms on international relations with countries like China and many more, it can be said to rise to the political shoulders of USA by 2050.
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Brazil
This South American powerhouse is set to be the world’s fifth-largest economy by 2050, overtaking Japan, Germany and Russia in the process. With an abundance of natural resources, Brazil has grown its economy rapidly in the past few decades, but faces challenges as it struggles to control government corruption and inflation that has plagued the country in recent years.
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Mexico
By 2050, Mexico is poised to become the world’s seventh-largest economy, jumping up four spots from its current 11th place in the rankings. A focus on manufacturing and exports have driven much of its growth in recent years, though current economic conditions have hampered potential gains.
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Nigeria
Funnily enough, this is one of the list of countries that will be greater than USA in future. One of Africa’s largest economies, Nigeria is poised to grow by leaps and bounds by 2050, at an average of 4.2% year-on-year, rising eight places from 22nd to 14thin the rankings.
While the government has struggled with corruption, residents have an entrepreneurial attitude that keeps pushing the country forward. According to Global Entrepreneurship Monitor data, more than 30% of Nigerian residents are new entrepreneurs or the owner-manager of a new business, among the highest rate in the world.