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These figures have been taken from the International Monetary Fund's World Economic Outlook (WEO) Database (October 2024 edition) and/or other sources. [1] For older GDP trends, see List of regions by past GDP (PPP).
The following three tables are lists of economies by incremental GDP from 2006 to 2050 by Goldman Sachs. They illustrate that the BRICs and N11 nations are replacing G7 nations as the main contributors to the world's economic growth.
For example, GDP estimates for 2050 by Goldman Sachs is based on data from 2006. In that prediction it says that the GDP of Indonesia will surpass 700.000 billion USD mark in 2020, but Indonesia reached that level already in 2010, about one decade ahead.
Our revised projections now cover 104 countries, and we have extended our projection horizon from 2050 to 2075." Here's a quick look at Goldman's economic thinking for the next 53 years.
Goldman sees oil demand reaching its peak after 2029, later than the International Energy Agency currently predicts, and foresees natural gas being used as a “transition fuel” through 2050.
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In October 2003, in its Global Economics Paper No. 99 (Dreaming With BRICs: The Path to 2050), researchers at Goldman Sachs led by Jim O'Neill, Baron O'Neill of Gatley introduced the BRIC concept, identifying the developing countries of Brazil, Russia, India, and China, as rising economic powers. [52]
In a new research note on Sunday, Goldman cited increased immigration when raising its forecast for economic growth year over year in the fourth quarter to 2.4% from 2.1%. For the full year ...