The Philippines is Included in the List of Top 20 Most Powerful Economies by 2050

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The Philippines will be one of the world’s wealthiest country by year 2050 according to the latest report conducted by professional services giant PwC which was posted in one of the leading news outlet, United Kingdom’s The Independent

According to The Independent by the year 2050, the world is likely to have changed drastically from what we know now, and the planet’s economic and financial landscape will be no exception.

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.

Based upon the reports, the Philippines will be ranked at No. 19 surpassing developing and progressive counties such as The Netherlands, Colombia, Poland, Argentina, Australia, South Africa, Spain, Thailand, Malaysia, Bangladesh, Canada, Italy, and Vietnam.

Here’s the Complete Rankings of the World’s Most Powerful Economies by 2050:

32. Netherlands — $1.496 trillion.

31. Colombia — $2.074 trillion.

30. Poland — $2.103 trillion.

29. Argentina — $2.365 trillion.

28. Australia — $2.564 trillion.

27. South Africa — $2.570 trillion.

26. Spain — $2.732 trillion.

25. Thailand — $2.782 trillion.

24. Malaysia — $2.815 trillion.

23. Bangladesh — $3.064 trillion.

22. Canada — $3.1 trillion.

21. Italy — $3.115 trillion.

20. Vietnam — $3.176 trillion.

19. Philippines — $3.334 trillion.

18. South Korea — $3.539 trillion.

17. Iran — $3.900 trillion.

16. Pakistan — $4.236 trillion.

15. Egypt — $4.333 trillion.

14. Nigeria — $4.348 trillion.

13. Saudi Arabia — $4.694 trillion.

12. France — $4.705 trillion.

11. Turkey — $5.184 trillion.

10. United Kingdom — $5.369 trillion.

9. Germany — $6.138 trillion.

8. Japan — $6.779 trillion.

7. Mexico — $6.863 trillion.

6. Russia — $7.131 trillion.

5. Brazil — $7.540 trillion.

4. Indonesia — $10.502 trillion.

3. United States — $34.102 trillion.

2. India — $44.128 trillion.

1. China — $58.499 trillion.

Source: The Independent
 

Ed Umbao

Founder of PhilNews.xyz | co-Founder of PhilNews.ph

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