Professional Documents
Culture Documents
com
Page 1 of 6
razil now has a bigger economy than the United Kingdom, making the world's sixth-largest economic power, according to the Centre for Economics and Business Research. The London-based consultancy forecast the trend was set to continue, with Russia and India expected to overtake Europe's other major economies, France and Germany, by 2020. Let us have a look at world's top 10 projected economies, according to CEBR. Click NEXT to read more...
1. The United States Rank (2011): 1 Forecast rank (2020): 1 ccording to the International Monetary Fund, the US GDP of $15.1 trillion constitutes 22 per cent of the gross world product at market exchange rates and over 19 per cent of the gross world product at purchasing power parity. Though larger than any other nation's, its national GDP is about five per cent smaller than the GDP of the European Union at PPP in 2008. Click NEXT to read more...
China Rank (2011): 2 Forecast rank (2020): 2 It has been the world's fastest-growing major economy, with consistent growth rates of around 10 per cent over the past 30 years. China is also the largest exporter and second-largest importer of goods in the world. The country's per capita GDP (PPP) was $7,544 (International Monetary Fund, 94th in the world) in 2010. The provinces in the coastal regions of China tend to be more industrialized, while regions in the hinterland are less developed. Click NEXT to read more...
Japan Rank (2011): 3 Forecast rank (2020): 3 he economy of Japan, a free market economy, is the third largest in the world after the United States and the People's Republic of China, and ahead of Germany at fourth.
http://www.rediff.com/business/slide-show/slide-show-1-brazil-pips-uk-as-worlds-sixth-l... 12/27/2011
Page 2 of 6
According to the International Monetary Fund, the country's per capita GDP was at $33,805 or the 24th highest in 2010. Click NEXT to read more...
http://www.rediff.com/business/slide-show/slide-show-1-brazil-pips-uk-as-worlds-sixth-l... 12/27/2011
Page 3 of 6
Germany Rank (2011): 4 Forecast rank (2020): 7 ermany is the largest national economy in Europe, the fourth-largest by nominal GDP in the world, and fifth by GDP in 2008. Since the age of industrialisation, the country has been a driver, innovator, and beneficiary of an ever more globalised economy. Click NEXT to read more...
France Rank (2011): 5 Forecast rank (2020): 9 rance is the world's fifth-largest economy by nominal figures and the ninth largest economy by PPP figures. It is the second-largest economy in Europe (behind its main economic partner Germany) in nominal figures and third largest economy in Europe in PPP figures (behind Germany and the United Kingdom). Click NEXT to read more...
Brazil Rank (2011): 6 Forecast rank (2020): 6 razil has moderately free markets and an inward-oriented economy. Its economy is the largest in Latin American nations and the second-largest in the western hemisphere. Brazil is one of the fastest-growing major economies in the world with an average annual GDP growth rate of over five per cent. Click NEXT to read more...
http://www.rediff.com/business/slide-show/slide-show-1-brazil-pips-uk-as-worlds-sixth-l... 12/27/2011
Page 4 of 6
The United Kingdom Rank (2011): 7 Forecast rank (2020): 8 he United Kingdom's GDP per capita is the 20th highest in the world in nominal terms and the 17th highest measured by PPP. The British economy comprises (in descending order of size) the economies of the countries of England, Scotland, Wales and Northern Ireland. Click NEXT to read more...
http://www.rediff.com/business/slide-show/slide-show-1-brazil-pips-uk-as-worlds-sixth-l... 12/27/2011
Page 5 of 6
http://www.rediff.com/business/slide-show/slide-show-1-brazil-pips-uk-as-worlds-sixth-l... 12/27/2011
Page 6 of 6
http://www.rediff.com/business/slide-show/slide-show-1-brazil-pips-uk-as-worlds-sixth-l... 12/27/2011