Tuesday, February 02, 2010

When will India and China overtake US in GDP (nominal terms)?

Here are some charts from Goldman Sachs research. China is expected to overtake US around 2035 and India is expected to overtake US in 2040 and then it will be the race between the two Asian giants.

India-growth

World in 2025 according to Goldman Sachs estimates – China closing on US and India closing on Japan, but the world order is not significantly different from today. However, when you go a little further, world order dramatically changes as India and China become the top economies US comes in a close 2 – 3 and there is a vast gap afterwards.

world-2025 

World-2050

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