Visualizing the Global Economy in 2050 Based on GDP

In the upcoming decades, a significant shift in the balance of economic power is predicted, according to a recent Goldman Sachs analysis.

Analysts predict that Asia will soon overtake the traditional economic giants grouped together in the Developed Markets (DM) category to become the area contributing the most to global GDP.

In the image above, we’ve used a voronoi diagram to illustrate Goldman Sachs’ real GDP projections for the year 2050.

Asia
In Asia, China and India will be mostly responsible for the anticipated GDP in 2050, but China’s growth will have drastically slowed by then. In reality, Goldman Sachs anticipates that until the 2050s, the nation’s real GDP will expand at an average annual rate of 1.1%. This is unexpectedly slower than the 1.4% yearly increase that was anticipated for America throughout the same decade.

By 2050, India (3.1% annually), Bangladesh (3.0% annually), and the Philippines (3.5% annually) would have the fastest-growing economies in Asia. Due to their rapid rates of population expansion and relatively young median ages, which results in a larger labor force, these nations are anticipated to prosper.

Data and Highlights

The following table includes a regional breakdown of expected real GDP in 2050. All figures are based on 2021 USD.