Photographs: Charles Platiau/Reuters
Many of the world's top economic powers are now in a state of permanent decline, due to rising amounts of retirees, declining amounts of workers, and population disadvantages, according to Business Insider.
And by 2050, they'll be replaced by fast rising emerging markets primed for growth due to high working age populations, it says. But which countries will be the major players?
Let's take a look at some of the economic powerhouses by 2050.
Source: Business Insider
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15 economies that will rule the world by 2050
Image: Deshengmen Embrasure Watchtower is lit by coloured lights in Beijing.Photographs: Jason Lee/Reuters
China
Size of Economy (Year 2000 dollars): $24.62 trillion
Income per capita (Year 2000 dollars): $17.372
Global rank: 1
NOTE: The estimate of the size of the economy and per capita income here and subsequently is based on the dollar's exchange rate in year 2000
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15 economies that will rule the world by 2050
Image: South view of New York City.Photographs: Seth Wenig/Reuters
The United States
Size of Economy (Year 2000 dollars): $22.27 trillion
Income per capita (Year 2000 dollars): $55,134
Global rank: 2
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15 economies that will rule the world by 2050
Image: Shoppers leave a retail store inside a mall in Mumbai.Photographs: Danish Siddiqui/Reuters
India
Size of Economy (Year 2000 dollars): $8.17 trillion
Income per capita (Year 2000 dollars): $5,060
Global rank: 3
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15 economies that will rule the world by 2050
Image: Japan's Mt Fuji, covered with snow, is seen through Shinjuku skyscrapers in Tokyo.Photographs: Kimimasa Mayama/Reuters
Japan
Size of Economy (Year 2000 dollars): $6.43 trillion
Income per capita (Year 2000 dollars): $63,244
Global rank: 4
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15 economies that will rule the world by 2050
Image: Kurfuerstendamm boulevard in Berlin.Photographs: Fabrizio Bensch/Reuters
Germany
Size of Economy (Year 2000 dollars): $3.71 trillion
Income per capita (Year 2000 dollars): $52,683
Global rank: 5
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15 economies that will rule the world by 2050
Image: Pedestrians walk along Oxford Street in central London.Photographs: Paul Hackett/Reuters
The United Kingdom
Size of Economy (Year 2000 dollars): $3.58 trillion
Income per capita (Year 2000 dollars): $49,412
Global rank: 6
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15 economies that will rule the world by 2050
Image: A view of Refice, northeast Brazil.Photographs: Bruno Domingos/Reuters
Brazil
Size of Economy (Year 2000 dollars): $2.96 trillion
Income per capita (Year 2000 dollars): $13,547
Global rank: 7
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15 economies that will rule the world by 2050
Image: Ice skaters are seen on a skating rink in Mexico City's historic Zocalo square.Photographs: Edgard Garrido/Reuters
Mexico
Size of Economy (Year 2000 dollars): $2.81 trillion
Income per capita (Year 2000 dollars): $21,793
Global rank: 8
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15 economies that will rule the world by 2050
Image: A view of Champs Elysees Avenue and the Arc de Triomphe monument in Paris.Photographs: Gonzalo Fuentes/Reuters
France
Size of Economy (Year 2000 dollars): $2.75 trillion
Income per capita (Year 2000 dollars): $40,643
Global rank: 9
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15 economies that will rule the world by 2050
Image: A worker cleans away snow around the Centennial Flame on Parliament Hill in Ottawa.Photographs: Christopher Pike/Reuters
Canada
Size of Economy (Year 2000 dollars): $2.29 trillion
Income per capita (Year 2000 dollars): $51,485
Global rank: 10
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15 economies that will rule the world by 2050
Image: Women use smartphones in front of the Trevi Fountain in Rome.Photographs: Tony Gentile/Reuters
Italy
Size of Economy (Year 2000 dollars): $2.19 trillion
Income per capita (Year 2000 dollars): $38,445
Global rank: 11
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15 economies that will rule the world by 2050
Image: Istanbul's financial district.Photographs: Murad Sezer/Reuters
Turkey
Size of Economy (Year 2000 dollars): $2.15 trillion
Income per capita (Year 2000 dollars): $22,063
Global rank: 12
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15 economies that will rule the world by 2050
Image: Part of Gangnam area is seen down the Han River in Seoul.Photographs: Lee Jae Won/Reuters
South Korea
Size of Economy (Year 2000 dollars): $2.06 trillion
Income per capita (Year 2000 dollars): $46,657
Global rank: 13
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15 economies that will rule the world by 2050
Image: Tourists stroll along Barcelona's harbour.Photographs: Gustau Nacarino/Reuters
Spain
Size of Economy (Year 2000 dollars): $1.95 trillion
Income per capita (Year 2000 dollars): $38,111
Global rank: 14
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15 economies that will rule the world by 2050
Image: A view of Moscow's Kremlin, Ministry of Foreign Affairs and Moscow City business district.Photographs: Stringer/Reuters
Russia
Size of Economy (Year 2000 dollars): $1.88 trillion
Income per capita (Year 2000 dollars): $16,174
Global rank: 15
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