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FACTBOX-Goldman Sachs' BRIC scenarios and forecasts
June 9, 2009 / 11:39 AM / in 8 years

FACTBOX-Goldman Sachs' BRIC scenarios and forecasts

 June 9 (Reuters) - The global crisis means China and other
emerging market powers will overtake developed world economies
even more quickly, the Goldman Sachs economist who coined the
BRIC concept told Reuters.
 For the main story see: [ID:nL9420511]
 The following are Goldman's views on how the BRIC countries
could develop:
 
 AVERAGE ANNUAL GROWTH FORECASTS
       2009   2010
 China    8.3   10.9
 India    5.8    6.6
 Brazil  -1.5    3.7
 Russia  -7.5    3.0
 BRIC     4.8    8.0
 World   -1.1    3.3
 
 
 ANNUAL GROWTH SCENARIOS FOR 2011-2050
       Pct
 Brazil   4.3
 Russia   2.8
 India    6.3
 China    5.2
 
 
 WORLD'S LARGEST ECONOMIES IN 2027
 (trillions $)
 China  22.25
 U.S.   21.61
 EU-5   16.48
 India   5.54
 Japan   5.39
 Germany 4.16
 Russia  4.02
 UK      3.98
 Brazil  3.87
 France  3.75
 Italy   2.71
 Canada  2.15
 
 
 WORLD'S LARGEST ECONOMIES IN 2050
 (trillion $)
 China   70.80
 U.S.    39.38
 India   33.68
 EU-5    23.07
 Brazil  12.15
 Russia   7.58
 UK       5.95
 Japan    5.87
 France   5.80
 Germany  5.70
 Canada   3.50
 Italy    3.40
 
 
 Source: Goldman Sachs
 (Reporting by Guy Faulconbridge, editing by Tim Pearce)

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