May 29, 2022

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Nigeria Ranked 21 Out of 32 on Most Powerful Economies in 2030

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Nigeria is ranked 21 out of 32 countries on the world’s most powerful economies by 2030. China ranked number one. United States of America and India ranked second and third respectively. However,  South Africa ranked 30th. Nigeria, Egypt amend South Africa are the only Africa countries in the list. South Africa rank 30 and Egypt rank 19.

The prediction was done by PricewaterCoopers, one of the largest audit firm in the world. The report was titled “The long view: how will the global economic order change by 2050?”

32 countries was ranked. The rank was based on projected global domestic product by purchasing power parity, PPP.

The list of the 32 countries in decending order and their PPP in USD is shown below.

No. Countries             USD
32.  Netherlands    $1.08 trillion

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31.  Colombia         $1.111 trillion

30.  South Africa     $1.148 trillion

29.  Vietnam             $1.303 trillion

28.  Bangladesh       $1.324 trillion

27.  Argentina           $1.342 trillion

26.  Poland                $1.505 trillion

25.  Malaysia          $1.506 trillion

24.  Philippines      $1.615 trillion

23.  Australia         $1.663 trillion

22.  Thailand          $1.732 trillion

21.  Nigeria             $1.794 trillion

20.  Pakistan          $1.868 trillion

19.  Egypt                $2.049 trillion

18.  Canada             $2.141 trillion

17.  Spain                  $2.159 trillion

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16.  Iran.                    $2.354 trillion

15.  Italy                    $2.541 trillion

14.  South Korea      $2.651 trillion

13.  Saudi Arabia     $2.755 trillion

12.  Turkey                $2.996 trillion

11.  France             $3.377 trillion

10.  UK.                   $3.638 trillion

9.  Mexico                $3.661 trillion

8.  Brazil                  $4.439 trillion

7.  Germany            $4.707 trillion

6.  Russia                $4.736 trillion

5.  Indonesia.          $5.424 trillion

4.  Japan.                 $5.606 trillion

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3.  India                    $19.511 trillion

2.  United States     $23.475 trillion

1.  China                   $38.008 trillion

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