It has been 14 years since China surpassed Japan for the first time in 2010 to rank second in the world in terms of GDP, and we have been the world's second in 14 years. Many people are very concerned about what kind of GDP our country can reach by 2050.
According to the global GDP data for 2023, the United States is the first in the world without exception this year, about 27$37 trillion. China is still the second largest country in the world, at about 17$8.9 billion. From this intuitive data, it can be seen that the gap between our two countries is still relatively large. But in the GDP data for 2023, there is one country that has given everyone a big surprise, and this country is India.
In terms of GDP in 2023, India has actually jumped to become the fifth largest economy, with an economic aggregate of 4$112 trillion. I have to say that India has made considerable progress. This has also given a lot of confidence to India's finance ministry, which has even previously said that by 2027, India will be able to surpass Germany and Japan to become the world's third-largest economy.
However, it is no wonder that the Indian Ministry of Finance has made such bold statements, because India's economic growth rate has indeed been very fast in the past two years. India's Ministry of Finance has made an optimistic estimate of the growth rate in fiscal year 2023 and 2024, which will meet or exceed 7%, and if this target is indeed achieved, then it will be the third consecutive year that India has achieved a high GDP growth of 7%.
Goldman Sachs Investment Bank** India's GDP can reach $22 trillion in 2050, which has already caught up with China's current development level.
In Goldman Sachs' investment bank's 2050 GDP for countries around the world, the United States is naturally indispensable, according to Goldman Sachs, the size of the United States GDP in 2050 will reach 37$2 trillion.
At this time, many people will definitely be curious, so what kind of height will China's GDP level reach by 2050? Goldman Sachs has naturally also made a ** for China, and by 2050, Goldman Sachs expects China's GDP to reach 419 trillion dollars.
At this time, China's GDP has exceeded the United States by more than $4 trillion, and it seems that Goldman Sachs investment banks are still very confident in the development of China's economy. In their **, by 2050, China's total economic output has become the world's first.
So what kind of changes will the world's GDP rankings have in place during this period? I believe it will be completely beyond everyone's expectations. The fourth country after China, the United States and India, you can't guess at all.
It is estimated that many people will think that the fourth place is not Japan, or Germany, and no matter how bad it is, it should be Vietnam after the outbreak of potential, but these answers are wrong, Goldman Sachs Investment Bank predicts that the world's fourth GDP in 2050 is Indonesia, and the GDP scale will reach 6$3 trillion.
Germany and Japan are fifth and sixth, bringing three of the world's top five countries in terms of GDP to Asia. In other words, by 2050, the world's economic center of gravity may have shifted to Asia. The old developed countries in Europe and the United States, such as Britain and France, can only rank eighth and ninth.
However, some people have questioned the ** of Goldman Sachs Investment Bank, believing that its credibility is limited. After all, China's economy has also encountered some problems in the process of development, such as the aging of our increasingly serious population, with the continuous decline in the birth rate in recent years, the proportion of the elderly in our country will be increasing.
Weak exports due to the slowdown in global economic growth have also been a problem encountered in the economic development of the past two years. If the world's economy does not regain its former vitality, it will be very difficult for our country to achieve rapid growth.
But there are also some people who think that there is nothing wrong with this **, after all, economic problems exist in any country. In fact, many countries are now optimistic about China's economic development, and Goldman Sachs Investment Bank has already said that China will surpass the United States in 2035 and become the world's largest economic power as early as 2022.
But no matter what foreign brokers say about our economic development, we need to have a clear understanding of our own, even if our total national GDP reaches 41 by 2050$9 trillion, but China's huge population base is still there. On a per capita basis, it is still not comparable to the per capita GDP of the United States. So even if we become the world's largest country in terms of total volume, we still have a long way to go before we become a truly developed country.
Therefore, we must have a humble attitude, be aware of our current shortcomings, and not be easily complacent about the achievements we have achieved. Down-to-earth, step by step.
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