Date: 3 months ago   Category: Russia

Russia predicted the European domination


Russia is capable to become the largest economy of Europe by 2030, analysts of Standard Chartered bank specify in the forecast from which excerpts are given by Bloomberg. By their estimates, China will be the largest economy of the world in 2030. Its GDP at par of purchasing power (rather certain set of goods and services) will reach 64.2 trillion dollars. India whose GDP will be 46.3 trillion dollars, on the third — the USA with 31 trillion will be at the second place. Russia, according to the forecast of Standard Chartered, will appear on the eighth place from GDP in 7.9 trillion dollars. It will pass Indonesia (10.1 trillion), Turkey (9.1 trillion), Brazil (8.6 trillion) and Egypt (8.2 trillion) forward, but will overtake Japan (7.2 trillion) and Germany (6.9 trillion). Seven of the ten first places in 2030 will occupy the present developing economies, analysts concluded. Their forecast is based on the basic principle according to which the share of each country in world GDP has to correspond to its share in the world population. Economists predict further rapprochement developed and developing countries on the GDP level per capita. "The film of day" is more than important news in Telegram channel. Subscribe!

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