So The Gap Closes: China Could Become The World’s Largest Economy By 2030

China is very likely to surpass the U.S. to become the largest economy in the world by 2030, that’s according to a new study released by economists at HSBC, while India will pass Japan and Germany to become the world’s third-biggest economy.

India’s economy will be a size worth $5.9 trillion, the news agency mentioned. Huh?

Experts predict that China’s gross domestic product (GDP) will stand at US$26 trillion in 2030, up from $14.1 trillion today. In contrast, the U.S. meanwhile will see its GDP rise to $25.2 trillion from US$20.4 trillion..

Germany’s will remain the largest in Europe; the United Kingdom will start to pull ahead of France, as numbers 6 and 7 in the world, respectively.

The world’s biggest economies by 2030

1. China
2. US
3. India
4. Japan
5. Germany
6. UK
7. France
8. Brazil
9. Italy
10. South Korea

Estimated GDP: The world’s biggest economies by 2030

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