EUROPEAN COUNTRIES FALLING BACK AMONG LARGEST WORLD'S ECONOMIES BY 2020

According to the U.K- based CEBR's (Center for Economics and Business Research) Global Prospects Report, the ranking of the top 30 world countries by 2020 (according to GDP growth compared to 2010 data base) will be the following

  1. United States of America
  2. China
  3. Japan
  4. Russia (Russia moves up from the 11th largest economy in 2010 to become the world's N° 4 economy by 2020)
  5. India (India moves up from the 9th largest economy to become the 5th largest by 2020)
  6. Brazil (Brazil becomes the 6th largest economy)
  7. Germany (Germany falls back from N° 4 to N° 7)
  8. United Kingdom (The United Kingdom falls back from N°6 to N° 8)
  9. France (Frances falls back from N°5 to N° 9)
  10. Italy
  11. Canada
  12. Korea (Korea moves up from N° 15 to N° 12)
  13. Australia
  14. Indonesia
  15. Spain
  16. Mexico
  17. Turkey
  18. Taiwan (Taiwan moves up from N° 24 to N° 18)
  19. Netherlands
  20. Sweden
  21. Saudi Arabia
  22. Poland
  23. Switzerland
  24. Iran
  25. Thailand (Thailand moves up from N° 32 to N° 25)
  26. Belgium
  27. Argentina
  28. South Africa
  29. Norway
  30. United Arab Emirates

 

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