Notably,Indonesiawill become the fourth biggest economy by 2050, surpassingBrazilandRussiaas the largest emerging market. Indonesia is the world’s largest archipelagic state, and currently has thefourth largest populationat 277 million. The Top Economies in the World in 2075 ...
A more accurate way to determine the richest nations in the world GDP-wise is to look at the average contribution to the economy per person. This is referred to as GDP per capita. The US and China may lead regarding overall GDP, but European countries rule for GDP per capita, with a ...
Both cities perform best in the Economics and Human Capital categories, unsurprising given their roles as global hubs for finance, business, and education. New York has the largest metro economy in the world, and London has the fourth largest. Similarly, both cities hav...
Singapore is a very well developed economy; some of the key sectors include aviation, financial services, maritime and shipping, as well as hospitality. Singapore has one of the biggest real estate markets in the world- evidence of a rapidly developing society that is attractive to people from ...
According to the IMF's latest forecasts, China's economy is projected to grow 4.6 percent this year, compared with 5.2 percent in 2023. The world economy is expected to grow 3.1 percent in 2024, unchanged from last year. In 2023, US' nominal GDP growth outpaced China, sparking discussions...
Scholars and entrepreneurs said the latest Central Economic Work Conference has sent a strong positive signal to the Chinese economy in 2024, heralding a number of policies aimed to spur the world's second largest economic powerhouse. The two-day meeting, held from Monday to Tuesday, mapped out...
$1.6T in Combined Wealth The wealth of the top 10 wealthiest people ($1.6 trillion) is almost equivalent to Mexico’s GDP, the 14th largest economy in the world. At the top of the list, Elon Musk’s wealth derives primarily from his stake in Tesla, his holdings in SpaceX, and the ...
The converging roles of men and women are among the grandest advances in society and the economy in the last century. These aspects of the grand gender convergence are figurative chapters in a history of gender roles. But what must the "last" chapter contain for there to be equality in the...
The Biden administration has also subsidized more construction of manufacturing plants and infrastructure through additional legislation passed in 2021 and 2022 that was still having an impact last year. About one quarter of the U.S. economy’s solid 2.5% growth in 2023 was made up of government...
The Chinese economy expanded 5.2 percent year on year in 2023, and the growth target this year is about 5 percent, which continues to take the lead among major economies in the world, said Zhao Leji, chairman of the National People's Congress Standing Committee. ...