A report issued by the British consulting firm Saber showed that global economic output will exceed $100 trillion for the first time next year, expecting that it will take a little longer for China to surpass the United States as the world's first economy than previously thought.
It forecast China to become the world's largest economy in dollar terms in 2030, or two years more than projected in last year's World Economic Association calendar report. Saber stated that it appears that India is on the verge of overtaking France next year and then Britain in 2023 to regain its position as the sixth largest economy in the world.
The report showed that Germany is on track to overtake Japan in terms of economic output in 2033. Russia could become among the top ten economies by 2036 and Indonesia appears to be on track to occupy the ninth place in 2034.
Source (Al-Rai Kuwaiti Newspaper, Edited)
