Top 10 Economies By 2030

By SiliconIndia   |   Thursday, 28 March 2013, 12:33 Hrs
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Bangalore: The economy of any country depends on the ‘Gross Domestic Product’ (GDP) or ‘Purchasing Power Parity’ (PPP).

GDP can be defined as the monetary value of all the finished goods and services produced within a country's borders in a specific time period on an annual basis. PPP can be defined as an economic theory that estimates the amount of adjustment needed on the exchange rate between countries in order for the exchange to be equivalent to each currency's purchasing power.

Experts from ‘Rediff’ have listed 10 courtiers that are expected to become the best economy by the end of 2030. India made its way to the third rank in this list.

10. Indonesia
GDP (PPP) 2012: $1,216 billion
GDP (PPP) 2030: $4,568 billion

Indonesia has the largest economy in Southeast Asia. It is one of the emerging markets in the world economy. Indonesian government plays an important role in the growth of its economy.

Indonesian economy rose by 6.2 percent in 2012 in terms of GDP. Its current GDP is $1,216 billion and the expected GDP by the end of 2030 is $4,568 billion.

Once, Indonesia has plenty of issues in its economy. But now, Indonesia’s economy is rising and has become one of the fastest growing economies in the world.

9. France
GDP (PPP) 2012: $2,331 billion
GDP (PPP) 2030: $4,580 billion

At present, France has the ninth largest economy in terms of PPP in the world and the second largest economy in Europe.

France had the best economic growth between January and March, 2011. It had a growth rate 0.9 percent. The economy went down during April and June, 2011 by -0.1 percent. However, the GDP grew fiercely by 1.58 percent in 2011.

France has been one of the wealthiest economies in the world from ages.

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