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Follow Business Insider: The lineup of global economic powerhouses is going to see some changes by 2050. China is expected to surpass the US in terms of nominal GDP by 2026 â aka in 11 years, according to The Economist Intelligence Unit. India, the strongest emerging market, is expected jump to third place, with real growth averaging around 5% by 2050. Plus, Indonesia and Mexico will vault up into the top 10.
Although growth is slowing, the delayed recovery in advanced economies from the global economic downturn means China will overtake the USA as the worldâs biggest economy in 2017, and account for 19.0% of global GDP in PPP terms by 2020.