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Feb 20, 2019 / Richard Hall


It was a revelation when I discovered some years ago that the world’s third most populous country in 2050 would be … Nigeria.

This week, the Financial Times published an IMF league table of the world’s leading economies from 2000 to 2023 in purchasing power parity. It did not surprise me at all that Asian economies are rising fast up the rankings, but it did surprise me that by 2023:

• Indonesia may push past Russia, Brazil, the United Kingdom and France to 6th.

• Bangladesh may beat South Africa, Sweden, Switzerland and Belgium to 30th.

• Portugal and Greece may slip behind Kuwait and Sri Lanka below 50th.

The full top 10 are:

Source: IMF

Nigeria is expected to reach 26th.

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