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25 Largest Economies in the World by 2100

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In this article, we will look into the 25 largest economies in the world by 2100. If you want to skip our detailed analysis, you can go directly to 5 Largest Economies in the World by 2100.

Global Economic Prospects

The global economy presents sluggish near-term progress, with the ongoing geopolitical crises and enduring effects of the pandemic. Climate change is another major factor, leading to resource and economic losses due to significant changes in its trajectory. However, the future predictions paint a rather hopeful picture for the global economy. In 2024, the global economy is expected to grow at 3.1% and is expected to grow at 3.2% in 2025, according to the latest economic outlook by the IMF. The recent forecasts are slightly higher than the previously estimated GDP growth in the October 2023 economic outlook. This can be attributed to the strong performance depicted by several countries such as the United States, and policy interventions such as fiscal support in China. The forecast, however, is still below the historical growth average of 3.8%. Inflation is expected to decrease faster than expected and reach 5.8% in 2024, and 4.4% in 2025. This downtrend in inflation, coupled with steady growth, minimizes the risk of a severe economic downturn. The declining inflation presents an opportunity for countries to shift their focus toward fiscal consolidation and targeted policies to improve productivity and long-term growth. Despite the resilient growth projections, several challenges can affect this trajectory, such as a declining population growth rate. The projected population represents a substantial slowdown, compared to previous decades. This shift is expected to impact economic growth, along with factors such as weakened productivity, as predicted by economists.

On the contrary, the long-term outlook paints a rather stable picture, especially for Asian economies. According to the forecast by Fathom Consulting, Asian economies such as China and India are expected to lead the global economy with the highest GDP share. The report forecasts China to have a share of 22.68% and reach $101 trillion by 2100. Moreover, Asian countries such as Indonesia, Japan, and the Philippines are some other nations, that are expected to emerge as global leaders, in terms of GDP. These countries are also ranked among the largest economies in the world by 2050.

Role of Companies in Driving Economy

The long-term economic landscape presents the potential supremacy of Asian nations such as China and India, along with the established influence of the US. While these macroeconomic trends provide us with a broader picture of the economy, it is pertinent to acknowledge the crucial role that major corporations play in these countries and around the world. Among other factors, businesses across major economic regions are a driver of growth globally. Leading companies such as Tencent Holdings Limited (OTC:TCEHY), Alphabet Inc. (NASDAQ:GOOG), and Reliance Industries Ltd (NSE:RELIANCE) are some of the most valuable companies from the biggest countries in the world.