Pakistan could become the world’s 20th largest economy by 2030: report

  • Posted at: 15 Mar, 2017, in Business

Pakistan is expected to be among the world’s most powerful economies by 2030, said a report carried by World Economic Forum on its website.The report, titled “The long view: how will the global economic order change by 2050?” ranked 32 countries by their projected global gross domestic product by Purchasing Power Parity (PPP). It was prepared by PricewaterhouseCoopers, one of the world’s largest professional-services firms.PPP is used by macroeconomists to determine the economic productivity and standards of living among countries across a certain time period.While PwC’s findings show some of the same countries right near the top of the list in 13 years, they also have numerous economies slipping or rising massively by 2030.Below is the list of countries that could face economic boom in next 13 years. 32. Netherlands — $1.08 trillion31. Colombia — $1.111 trillion30. South Africa — $1.148 trillion29. Vietnam — $1.303 trillion28. Bangladesh — $1.324 trillion27. Argentina — $1.342 trillion26. Poland — $1.505 trillion25. Malaysia — $1.506 trillion24. Philippines — $1.615 trillion23. Australia — $1.663 trillion22. Thailand — $1.732 trillion21. Nigeria — $1.794 trillion20. Pakistan — $1.868 trillion19. Egypt — $2.049 trillion18. Canada — $2.141 trillion17. Spain — $2.159 trillion16. Iran — $2.354 trillion15. Italy — $2.541 trillion14. South Korea — $2.651 trillion13. Saudi Arabia — $2.755 trillion12. Turkey — $2.996 trillion11. France — $3.377 trillion10. United Kingdom — $3.638 trillion9. Mexico — $3.661 trillion8. Brazil — $4.439 trillion7. Germany — $4.707 trillion6. Russia — $4.736 trillion5. Indonesia — $5.424 trillion4. Japan — $5.606 trillion3. India — $19.511 trillion2. United States — $23.475 trillion1. China — $38.008 trillion

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