List of countries by GDP growth 1980–2010
Fifteen largest countries by incremental GDP (Nominal)
This is a list of fifteen largest countries by incremental nominal GDP based on data from the International Monetary Fund and the United Nations.[1]
Fifteen largest countries by incremental GDP (PPP)
This is a list of fifteen largest countries by incremental GDP (PPP) based on data from the International Monetary Fund.[1]
Lists of economies by incremental GDP from 1980 to 2010
1980 – 1990 – The European Economic Community, the United States and Japan lead expansion
At exchange rates, the global economic output expanded by US$11.5 trillion from 1980 to 1990. The five largest contributors to global output contraction are Argentina, Saudi Arabia, Nigeria, the Democratic Republic of the Congo, and Venezuela. At purchasing power parity, the global economic output expanded by US$13.7 trillion from 1980 to 1990. The following two tables are lists of the 20 largest contributors to global economic growth from 1980 to 1990 by International Monetary Fund.
List of the 20 Economies with the Largest Contribution to Global Economic Growth in nominal GDP from 1980 to 1990[1] |
List of the 20 Economies with the Largest Contribution to Global Economic Growth in GDP (PPP) from 1980 to 1990[1] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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1990 – 2000 – United States dominates expansion
At exchange rates, the global economic output expanded by US$10.4 trillion from 1990 to 2000. At purchasing power parity, the global economic output expanded by US$22.0 trillion from 1990 to 2000.
List of the 20 Economies with the Largest Contribution to Global Economic Growth in nominal GDP from 1990 to 2000[1] |
List of the 20 Economies with the Largest Contribution to Global Economic Growth in GDP (PPP) from 1990 to 2000[1] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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2000 – 2010 – Rise of Developing and Emerging Economies
At exchange rates, the global economic output expanded by US$32.0 trillion from 2000 to 2010. At purchasing power parity, the global economic output expanded by US$39.1 trillion from 2000 to 2010.
IMF's economic outlook for 2010 noted that banks faced a "wall" of maturing debt, which presents important risks for the normalization of credit conditions. There has been little progress in lengthening the maturity of their funding and, as a result, over $4 trillion in debt is due to be refinanced in the next 2 years.[2]`
While there have been some encouraging signs of economic recovery, especially in the United States, the global economic growth seems to be losing momentum. According to the IMF's World Economic Outlook report published in April 2012, "global growth is projected to drop from about 4 percent in 2011 to about 3½ percent in 2012 because of weak activity during the second half of 2011 and the first half of 2012."[3]
The following two tables are lists of the 20 largest contributors to global economic growth from 2000 to 2010 by International Monetary Fund.
List of the 20 Economies with the Largest Contribution to Global Economic Growth in nominal GDP from 2000 to 2010[1] |
List of the 20 Economies with the Largest Contribution to Global Economic Growth in GDP (PPP) from 2000 to 2010[1] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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The two maps and the table below them are for the years 1990–2007, and are based on the data obtained from the United Nations
Statistics Division. 1990 was chosen as a starting year as several new states appeared at that time.
GDP per capita annualized growth rates 1990-2015
Country or Area | GDP 1990 (Billion USD) | GDP 2015 (Billion USD) | GDP growth annualized | Population 1990 (Million) | Population 2015 (Million) | GDP per capita growth annualized | Rank |
---|---|---|---|---|---|---|---|
Equatorial Guinea | 0.13 | 13.18 | 20.2% | 0.34 | 1.18 | 14.3% | 1 |
China | 398.62 | 11,226.19 | 14.3% | 1,128.67 | 1,397.03 | 13.3% | 2 |
Vietnam | 6.47 | 191.29 | 14.5% | 66.17 | 93.57 | 12.9% | 3 |
Nicaragua | 0.52 | 12.61 | 13.6% | 4.14 | 6.08 | 11.9% | 4 |
Timor-Leste | 0.15 | 3.10 | 13.0% | 0.74 | 1.24 | 10.7% | 5 |
Cambodia | 0.90 | 18.08 | 12.8% | 9.70 | 15.52 | 10.7% | 6 |
Lebanon | 2.80 | 49.91 | 12.2% | 2.97 | 5.85 | 9.2% | 7 |
Maldives | 0.23 | 4.00 | 12.1% | 0.22 | 0.42 | 9.1% | 8 |
Myanmar | 5.18 | 59.49 | 10.3% | 40.15 | 52.40 | 9.1% | 9 |
Turkmenistan | 3.07 | 35.80 | 10.3% | 3.67 | 5.57 | 8.5% | 10 |
Poland | 62.08 | 477.35 | 8.5% | 38.11 | 38.27 | 8.5% | 11 |
Sri Lanka | 9.47 | 80.41 | 8.9% | 17.11 | 20.71 | 8.1% | 12 |
Suriname | 0.54 | 4.83 | 9.2% | 0.40 | 0.55 | 7.8% | 13 |
Costa Rica | 5.72 | 55.41 | 9.5% | 3.08 | 4.81 | 7.6% | 14 |
Tanzania | 3.43 | 45.63 | 10.9% | 24.81 | 53.88 | 7.5% | 15 |
Dominican Republic | 8.00 | 68.90 | 9.0% | 7.29 | 10.53 | 7.4% | 16 |
Armenia | 2.16 | 10.55 | 6.6% | 3.54 | 2.92 | 7.4% | 17 |
Panama | 5.63 | 54.32 | 9.5% | 2.41 | 3.97 | 7.3% | 18 |
Azerbaijan | 6.51 | 50.84 | 8.6% | 7.21 | 9.62 | 7.3% | 19 |
Haiti | 0.99 | 8.67 | 9.1% | 7.11 | 10.71 | 7.3% | 20 |
Kazakhstan | 29.66 | 184.39 | 7.6% | 16.53 | 17.75 | 7.3% | 21 |
Albania | 2.22 | 11.39 | 6.8% | 3.29 | 2.92 | 7.3% | 22 |
Chile | 33.00 | 243.96 | 8.3% | 13.18 | 17.76 | 7.0% | 23 |
Romania | 38.76 | 177.90 | 6.3% | 23.21 | 19.88 | 6.9% | 24 |
Iraq | 17.17 | 177.72 | 9.8% | 18.51 | 36.12 | 6.9% | 25 |
Lithuania | 9.92 | 41.53 | 5.9% | 3.70 | 2.93 | 6.9% | 26 |
Ecuador | 12.24 | 99.29 | 8.7% | 10.27 | 16.14 | 6.8% | 27 |
Slovakia | 16.57 | 87.55 | 6.9% | 5.26 | 5.44 | 6.7% | 28 |
Laos | 1.74 | 14.36 | 8.8% | 4.08 | 6.66 | 6.7% | 29 |
Bhutan | 0.28 | 2.03 | 8.2% | 0.55 | 0.79 | 6.6% | 30 |
Guatemala | 7.11 | 63.77 | 9.2% | 8.91 | 16.25 | 6.6% | 31 |
Czech Republic | 37.04 | 186.83 | 6.7% | 10.30 | 10.60 | 6.6% | 32 |
Paraguay | 4.90 | 36.16 | 8.3% | 4.25 | 6.64 | 6.4% | 33 |
Estonia | 5.68 | 22.58 | 5.7% | 1.57 | 1.32 | 6.4% | 34 |
Uruguay | 10.27 | 53.28 | 6.8% | 3.11 | 3.43 | 6.4% | 35 |
Peru | 28.32 | 191.60 | 7.9% | 21.76 | 31.38 | 6.4% | 36 |
Guyana | 0.65 | 3.20 | 6.6% | 0.73 | 0.77 | 6.3% | 37 |
Ireland | 48.18 | 290.83 | 7.5% | 3.51 | 4.70 | 6.2% | 38 |
Kyrgyzstan | 1.11 | 6.68 | 7.4% | 4.39 | 5.87 | 6.2% | 39 |
Indonesia | 138.26 | 860.74 | 7.6% | 183.59 | 258.16 | 6.1% | 40 |
Singapore | 38.90 | 304.09 | 8.6% | 3.02 | 5.54 | 6.0% | 41 |
Bolivia | 4.87 | 33.24 | 8.0% | 6.67 | 10.72 | 6.0% | 42 |
Trinidad and Tobago | 5.16 | 24.26 | 6.4% | 1.22 | 1.36 | 5.9% | 43 |
India | 326.61 | 2,102.39 | 7.7% | 860.20 | 1,309.05 | 5.9% | 44 |
South Korea | 279.35 | 1,382.76 | 6.6% | 42.87 | 50.59 | 5.9% | 45 |
Qatar | 7.36 | 161.74 | 13.2% | 0.47 | 2.48 | 5.8% | 46 |
Nigeria | 62.17 | 493.84 | 8.6% | 94.45 | 181.18 | 5.8% | 47 |
Bangladesh | 35.38 | 208.32 | 7.3% | 113.05 | 161.20 | 5.8% | 48 |
Latvia | 8.86 | 26.99 | 4.6% | 2.66 | 1.99 | 5.8% | 49 |
Liberia | 0.38 | 3.16 | 8.8% | 2.14 | 4.50 | 5.6% | 50 |
El Salvador | 4.82 | 23.17 | 6.5% | 5.11 | 6.31 | 5.6% | 51 |
Samoa | 0.18 | 0.80 | 6.2% | 0.16 | 0.19 | 5.5% | 52 |
Eritrea | 0.76 | 4.44 | 7.3% | 3.16 | 4.85 | 5.5% | 53 |
Malaysia | 46.58 | 301.79 | 7.8% | 18.10 | 30.72 | 5.5% | 54 |
Colombia | 55.88 | 293.49 | 6.9% | 34.87 | 48.23 | 5.5% | 55 |
Hungary | 34.36 | 122.82 | 5.2% | 10.36 | 9.78 | 5.5% | 56 |
Saint Kitts and Nevis | 0.20 | 0.94 | 6.3% | 0.04 | 0.05 | 5.4% | 57 |
Nepal | 3.89 | 21.41 | 7.1% | 19.11 | 28.66 | 5.3% | 58 |
Mauritius | 2.71 | 11.69 | 6.0% | 1.06 | 1.26 | 5.3% | 59 |
Philippines | 49.10 | 292.77 | 7.4% | 61.23 | 101.72 | 5.2% | 60 |
Thailand | 88.47 | 401.37 | 6.2% | 54.29 | 68.66 | 5.2% | 61 |
Malta | 2.55 | 10.57 | 5.9% | 0.36 | 0.43 | 5.1% | 62 |
Kuwait | 18.29 | 114.61 | 7.6% | 2.14 | 3.94 | 5.0% | 63 |
Belarus | 18.83 | 56.33 | 4.5% | 10.26 | 9.49 | 4.8% | 64 |
Jordan | 4.16 | 37.57 | 9.2% | 3.25 | 9.16 | 4.8% | 65 |
Angola | 13.74 | 116.19 | 8.9% | 10.53 | 27.86 | 4.8% | 66 |
Venezuela | 48.39 | 242.60 | 6.7% | 19.73 | 31.16 | 4.7% | 67 |
Hong Kong | 76.93 | 309.36 | 5.7% | 5.70 | 7.25 | 4.7% | 68 |
Cape Verde | 0.34 | 1.60 | 6.4% | 0.36 | 0.53 | 4.7% | 69 |
Argentina | 153.21 | 642.46 | 5.9% | 32.58 | 43.42 | 4.7% | 70 |
Grenada | 0.28 | 1.00 | 5.2% | 0.10 | 0.11 | 4.7% | 71 |
Bulgaria | 19.77 | 50.20 | 3.8% | 8.82 | 7.18 | 4.7% | 72 |
Pakistan | 52.43 | 270.56 | 6.8% | 112.99 | 189.38 | 4.6% | 73 |
Luxembourg | 12.68 | 57.81 | 6.3% | 0.38 | 0.57 | 4.6% | 74 |
Turkey | 207.38 | 859.45 | 5.9% | 57.34 | 78.27 | 4.5% | 75 |
Uzbekistan | 14.71 | 66.49 | 6.2% | 20.52 | 30.98 | 4.5% | 76 |
Seychelles | 0.37 | 1.38 | 5.4% | 0.07 | 0.09 | 4.5% | 77 |
Solomon Islands | 0.21 | 1.16 | 7.1% | 0.31 | 0.59 | 4.4% | 78 |
Israel | 58.08 | 299.09 | 6.8% | 4.51 | 8.06 | 4.3% | 79 |
Brazil | 455.17 | 1,800.02 | 5.7% | 149.52 | 205.96 | 4.3% | 80 |
Saudi Arabia | 117.47 | 654.27 | 7.1% | 16.26 | 31.56 | 4.3% | 81 |
Palau | 0.08 | 0.29 | 5.5% | 0.01 | 0.02 | 4.3% | 82 |
New Zealand | 45.77 | 175.77 | 5.5% | 3.41 | 4.61 | 4.3% | 83 |
Mongolia | 3.13 | 11.75 | 5.4% | 2.22 | 2.98 | 4.2% | 84 |
Honduras | 4.17 | 20.98 | 6.7% | 4.89 | 8.96 | 4.1% | 85 |
Taiwan | 166.85 | 525.60 | 4.7% | 20.31 | 23.49 | 4.1% | 86 |
Australia | 323.43 | 1,232.91 | 5.5% | 16.87 | 23.80 | 4.1% | 87 |
Mexico | 290.40 | 1,170.57 | 5.7% | 84.00 | 125.89 | 4.0% | 88 |
Fiji | 1.34 | 4.34 | 4.8% | 0.72 | 0.89 | 4.0% | 89 |
Norway | 119.79 | 386.66 | 4.8% | 4.24 | 5.20 | 3.9% | 90 |
Vanuatu | 0.17 | 0.77 | 6.3% | 0.15 | 0.26 | 3.9% | 91 |
Ethiopia | 12.60 | 64.68 | 6.8% | 51.15 | 99.87 | 3.9% | 92 |
Zambia | 4.09 | 21.24 | 6.8% | 8.12 | 16.10 | 3.9% | 93 |
Kenya | 12.18 | 64.24 | 6.9% | 23.45 | 47.24 | 3.9% | 94 |
Dominica | 0.20 | 0.54 | 4.0% | 0.07 | 0.07 | 3.9% | 95 |
Chad | 1.83 | 10.95 | 7.4% | 6.11 | 14.01 | 3.9% | 96 |
Lesotho | 0.67 | 2.35 | 5.2% | 1.60 | 2.17 | 3.9% | 97 |
Oman | 11.69 | 68.92 | 7.4% | 1.84 | 4.20 | 3.9% | 98 |
Kiribati | 0.04 | 0.17 | 5.6% | 0.07 | 0.11 | 3.8% | 99 |
Bosnia and Herzegovina | 7.75 | 16.21 | 3.0% | 4.31 | 3.54 | 3.8% | 100 |
Sierra Leone | 0.95 | 4.25 | 6.2% | 4.09 | 7.24 | 3.8% | 101 |
Jamaica | 4.66 | 14.15 | 4.5% | 2.37 | 2.87 | 3.7% | 102 |
Russia | 569.71 | 1,368.40 | 3.6% | 148.61 | 143.89 | 3.7% | 103 |
United States | 5,963.13 | 18,219.30 | 4.6% | 256.10 | 319.93 | 3.6% | 104 |
Namibia | 2.84 | 11.78 | 5.9% | 1.42 | 2.43 | 3.6% | 105 |
Morocco | 30.18 | 101.18 | 5.0% | 25.03 | 34.80 | 3.6% | 106 |
Portugal | 79.45 | 199.52 | 3.8% | 9.98 | 10.42 | 3.6% | 107 |
Saint Lucia | 0.52 | 1.62 | 4.7% | 0.14 | 0.18 | 3.6% | 108 |
Tonga | 0.15 | 0.41 | 4.1% | 0.09 | 0.11 | 3.5% | 109 |
Botswana | 3.80 | 14.45 | 5.5% | 1.37 | 2.21 | 3.5% | 110 |
Tunisia | 13.47 | 43.15 | 4.8% | 8.22 | 11.27 | 3.5% | 111 |
Djibouti | 0.46 | 1.73 | 5.5% | 0.56 | 0.93 | 3.3% | 112 |
Georgia | 8.53 | 14.00 | 2.0% | 5.46 | 3.95 | 3.3% | 113 |
Barbados | 2.02 | 4.73 | 3.4% | 0.27 | 0.28 | 3.3% | 114 |
Bahrain | 4.97 | 31.13 | 7.6% | 0.49 | 1.37 | 3.3% | 115 |
Slovenia | 17.85 | 43.09 | 3.6% | 1.93 | 2.07 | 3.3% | 116 |
Belize | 0.41 | 1.78 | 6.0% | 0.19 | 0.36 | 3.3% | 117 |
Papua New Guinea | 4.84 | 20.64 | 6.0% | 4.13 | 7.92 | 3.2% | 118 |
San Marino | 0.56 | 1.52 | 4.1% | 0.02 | 0.03 | 3.2% | 119 |
Switzerland | 258.02 | 679.72 | 4.0% | 6.83 | 8.32 | 3.1% | 120 |
Croatia | 24.78 | 49.52 | 2.8% | 4.52 | 4.24 | 3.1% | 121 |
United Kingdom | 1,191.02 | 2,897.06 | 3.6% | 57.24 | 65.40 | 3.1% | 122 |
Netherlands | 320.84 | 765.65 | 3.5% | 14.95 | 16.94 | 3.0% | 123 |
Rwanda | 2.49 | 8.29 | 4.9% | 7.29 | 11.63 | 3.0% | 124 |
Ghana | 9.99 | 36.89 | 5.4% | 15.58 | 27.58 | 3.0% | 125 |
Syria | 12.30 | 37.50 | 4.6% | 12.72 | 18.74 | 3.0% | 126 |
Moldova | 3.97 | 7.61 | 2.6% | 4.39 | 4.07 | 3.0% | 127 |
Iceland | 6.48 | 17.34 | 4.0% | 0.25 | 0.33 | 2.9% | 128 |
Germany | 1,592.59 | 3,383.09 | 3.1% | 79.43 | 81.71 | 2.9% | 129 |
Austria | 166.87 | 382.26 | 3.4% | 7.73 | 8.68 | 2.9% | 130 |
Egypt | 96.09 | 332.08 | 5.1% | 55.14 | 93.78 | 2.9% | 131 |
Brunei | 3.91 | 12.93 | 4.9% | 0.26 | 0.42 | 2.9% | 132 |
Canada | 593.94 | 1,559.62 | 3.9% | 27.70 | 35.95 | 2.9% | 133 |
Belgium | 201.22 | 455.27 | 3.3% | 9.93 | 11.29 | 2.8% | 134 |
Denmark | 138.25 | 301.30 | 3.2% | 5.14 | 5.69 | 2.7% | 135 |
Benin | 2.11 | 8.30 | 5.6% | 5.18 | 10.58 | 2.6% | 136 |
Spain | 533.92 | 1,198.39 | 3.3% | 38.85 | 46.40 | 2.6% | 137 |
Guinea-Bissau | 0.32 | 1.05 | 4.8% | 1.02 | 1.77 | 2.5% | 138 |
Mauritania | 1.21 | 4.83 | 5.7% | 1.95 | 4.18 | 2.5% | 139 |
Antigua and Barbuda | 0.46 | 1.37 | 4.5% | 0.06 | 0.10 | 2.5% | 140 |
South Africa | 115.53 | 317.70 | 4.1% | 36.58 | 55.29 | 2.4% | 141 |
Uganda | 5.74 | 23.50 | 5.8% | 17.84 | 40.14 | 2.4% | 142 |
Greece | 97.96 | 195.64 | 2.8% | 10.16 | 11.22 | 2.4% | 143 |
Mali | 3.22 | 13.11 | 5.8% | 7.67 | 17.47 | 2.3% | 144 |
Montenegro | 2.15 | 4.06 | 2.6% | 0.59 | 0.63 | 2.3% | 145 |
Mozambique | 4.13 | 14.80 | 5.2% | 13.54 | 28.01 | 2.2% | 146 |
France | 1,272.43 | 2,439.44 | 2.6% | 58.21 | 64.46 | 2.2% | 147 |
Sweden | 255.94 | 498.12 | 2.7% | 8.56 | 9.76 | 2.2% | 148 |
Algeria | 61.89 | 165.98 | 4.0% | 25.28 | 39.87 | 2.1% | 149 |
Tajikistan | 2.87 | 7.86 | 4.1% | 5.30 | 8.55 | 2.1% | 150 |
Ivory Coast | 10.80 | 33.13 | 4.6% | 12.78 | 23.11 | 2.1% | 151 |
Yemen | 12.64 | 45.59 | 5.3% | 12.31 | 26.92 | 2.0% | 152 |
Burkina Faso | 3.10 | 10.43 | 5.0% | 8.87 | 18.11 | 2.0% | 153 |
Cyprus | 6.00 | 19.69 | 4.9% | 0.58 | 1.16 | 2.0% | 154 |
Comoros | 0.25 | 0.59 | 3.5% | 0.53 | 0.78 | 1.9% | 155 |
Madagascar | 3.08 | 9.74 | 4.7% | 12.03 | 24.23 | 1.8% | 156 |
São Tomé and Príncipe | 0.12 | 0.32 | 3.9% | 0.12 | 0.20 | 1.7% | 157 |
Italy | 1,170.29 | 1,833.79 | 1.8% | 56.72 | 59.50 | 1.6% | 158 |
Finland | 141.80 | 232.58 | 2.0% | 4.99 | 5.48 | 1.6% | 159 |
United Arab Emirates | 49.09 | 358.14 | 8.3% | 1.87 | 9.15 | 1.6% | 160 |
Burundi | 1.13 | 3.01 | 4.0% | 5.69 | 10.20 | 1.6% | 161 |
Republic of the Congo | 2.80 | 8.55 | 4.6% | 2.42 | 5.00 | 1.6% | 162 |
Senegal | 7.24 | 17.78 | 3.7% | 7.90 | 14.98 | 1.0% | 163 |
Cameroon | 13.55 | 30.93 | 3.4% | 12.24 | 22.83 | 0.8% | 164 |
Zimbabwe | 8.78 | 16.07 | 2.4% | 10.49 | 15.78 | 0.8% | 165 |
Guinea | 3.71 | 8.79 | 3.5% | 6.03 | 12.09 | 0.7% | 166 |
Ukraine | 90.21 | 90.94 | 0.0% | 51.54 | 44.66 | 0.6% | 167 |
Malawi | 3.00 | 6.40 | 3.1% | 9.45 | 17.57 | 0.6% | 168 |
Niger | 2.48 | 7.22 | 4.4% | 7.82 | 19.90 | 0.5% | 169 |
Togo | 2.06 | 4.18 | 2.9% | 3.96 | 7.42 | 0.3% | 170 |
Gabon | 6.34 | 14.39 | 3.3% | 0.92 | 1.93 | 0.3% | 171 |
Serbia | 33.86 | 37.16 | 0.4% | 7.90 | 8.85 | -0.1% | 172 |
Gambia | 0.75 | 1.37 | 2.4% | 0.96 | 1.98 | -0.5% | 173 |
Iran | 575.27 | 375.40 | -1.7% | 56.67 | 79.36 | -3.0% | 174 |
Democratic Republic of the Congo | 41.45 | 38.40 | -0.3% | 37.94 | 76.20 | -3.0% | 175 |
North Macedonia | 4.27 | 10.07 | 3.5% | 176 | |||
Libya | 30.64 | 17.19 | -2.3% | 4.36 | 6.24 | -3.7% | 178 |
Cuba | 30.90 | 10.60 | 11.46 | 179 | |||
Liechtenstein | 1.42 | 0.03 | 0.04 | 180 |
Long term GDP estimates (Nominal)
This is a list of countries by estimated future GDP (nominal) based on data from PricewaterhouseCoopers for the years at peak level as of every 5 years from 2015 to 2060 .[4]
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Long term GDP estimates (PPP)
This is a list of countries by estimated future GDP (PPP) based on data from the PwC for the year 2015.[5]
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References
- "Gross domestic product". IMF World Economic Outlook. October 2020. Retrieved 24 October 2020.
- "p.11" (PDF). Retrieved 2012-07-17.
- http://www.imf.org/external/pubs/ft/weo/2012/01/pdf/text.pdf
- "GDP projections from PwC: how China, India and Brazil will overtake the West by 2050" – PwC forecasts of GDP (PPP), January, 2011.
- "GDP projections from PwC: how China, India and Brazil will overtake the West by 2050" – PwC forecasts of GDP (PPP), January, 2011.