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Long-Term Macroeconomic Forecasts
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Long-Term Macroeconomic Forecasts

Key Trends to 2050

The Economist Intelligence Unit
EIU, 2015
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The dizzying pace of global economic change will continue in the coming decades. China will surpass the United States for GDP pole position in 2026, the Economist Intelligence Unit forecasts in this intriguing study. That’s no surprise, but it makes a few eye-opening predictions, too, particularly about shifts in demographics and in per capita spending power by 2050. Due to its brevity, the report delivers little analysis of the factors behind the prognostications. Yet getAbstract recommends it to investors, executives and policy makers charged with planning for the future.

Take-Aways

  • By 2050, Asia will produce fully 53% of the globe’s economic output. China will overtake the United States as the world’s largest economy in 2026.
  • India will become the third-largest economy by 2050. Mexico and Indonesia will join the top 10 list.
  • Some African and Middle Eastern countries will see their labor forces double and even triple in size. Meanwhile, Europe and East Asia will have to invite immigrants and invest in technology R&D to bolster their declining workforces.

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The Economist Intelligence Unit is an independent research and analysis organization.

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