Global investment bank Goldman Sachs said in a report that Turkey would grow to become a nearly 6 trillion dollar economy by 2050, the 9th largest economy in the world, moving ahead of G7 countries such as Japan, Germany, Italy, Canada and France.
Turkey to be number nine economy in the world by 2050
The report said that Turkey would become a part of the global balance of power if it maintains its policies, and the country’s national income per capita would be around $20,000-$25,000 in 2024 and exceed $30,000 in 2033. Turkey’s national income per capita would reach $60,000-65,000 by the year 2050, according to the report.
The report also revealed that China would be the largest economy in 2050 with a nominal gross domestic product close to $70 trillion ahead of the United States, India, Brazil, Russia, Indonesia, Mexico, Britain and Turkey.
Photo: AFP
Source: Hurriyet, July 29, 2008