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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.
These facts show why America is still the worldâs only superpower, and why that wonât change anytime soon. 1. Economics. Chinaâs economy is growing at an impressive rate. But itâs not just the size of an economy that mattersâitâs also the quality. According to the World Bank, GDP per capita in the US was $53,042 in 2013; in China it was just $6,807.