This statistic shows the projected top ten largest national economies in 2050. By 2050, China is forecasted to have a gross domestic product of over ** trillion U.S. dollars.
The statistic depicts U.S. health expenditure as a percentage of the GDP from 2007 to 2009, and a forecast for 2050. In 2009, U.S. health expenditure accounted for 18 percent of the GDP.
This statistic shows the top ten countries projected to have the greatest average annual growth in gross domestic product from 2016 to 2050. From 2016 to 2050, Vietnam is projected to have an average annual GDP growth rate of * percent.
Roughly ** percent of the annual GDP of lower income countries worldwide in 2050 could be at risk of loss due to exposure to climate hazards, in a slow transition scenario without adaptation measures. Extreme heat and water stress are forecast to have the biggest impact, at *** and *** percent, respectively. In contrast, in upper income countries, the same hazards would put less than one percent of the annual GDP at risk. Nevertheless, climate hazards would still put almost ***** percent of upper income countries' GDP at risk by 2050, in a no-adaptation scenario.
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Dominican Republic DO: Population Projection: Mid Year data was reported at 12,542,490.000 Person in 2050. This records an increase from the previous number of 12,508,980.000 Person for 2049. Dominican Republic DO: Population Projection: Mid Year data is updated yearly, averaging 8,231,374.000 Person from Jun 1950 (Median) to 2050, with 101 observations. The data reached an all-time high of 12,542,490.000 Person in 2050 and a record low of 2,352,968.000 Person in 1950. Dominican Republic DO: Population Projection: Mid Year data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s Dominican Republic – Table DO.US Census Bureau: Demographic Projection.
The impact of climate change has been forecasted to affect the economies of South-East Asian Nations (ASEAN) the hardest. The maximum projected loss incurred by the ASEAN in the event of a 3.2°C temperature rise is 37.4 percent. This is more than double the forecast loss of the Advanced Asia economies and 10 percent higher than the next largest forecast loss of the Middle East & Africa.
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Portugal PT: Population Projection: Mid Year: Growth data was reported at -0.630 % in 2050. This records a decrease from the previous number of -0.600 % for 2049. Portugal PT: Population Projection: Mid Year: Growth data is updated yearly, averaging -0.030 % from Jun 1991 (Median) to 2050, with 60 observations. The data reached an all-time high of 0.690 % in 1993 and a record low of -0.630 % in 2050. Portugal PT: Population Projection: Mid Year: Growth data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s Portugal – Table PT.US Census Bureau: Demographic Projection.
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United States EIA Projection:(CPI) Consumer Price IndexU: Energy Commodities & Services data was reported at 4.662 1982-1984=1 in 2050. This records an increase from the previous number of 4.534 1982-1984=1 for 2049. United States EIA Projection:(CPI) Consumer Price IndexU: Energy Commodities & Services data is updated yearly, averaging 2.942 1982-1984=1 from Dec 2015 (Median) to 2050, with 36 observations. The data reached an all-time high of 4.662 1982-1984=1 in 2050 and a record low of 1.895 1982-1984=1 in 2016. United States EIA Projection:(CPI) Consumer Price IndexU: Energy Commodities & Services data remains active status in CEIC and is reported by Energy Information Administration. The data is categorized under Global Database’s United States – Table US.I005: Consumer Price Index: Urban: Projection: Energy Information Administration.
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Brazil Forecast: Infrastructure Investments to(GDP) Gross Domestic ProductRatio: Transformation data was reported at 1.805 % in 2050. This records a decrease from the previous number of 1.807 % for 2049. Brazil Forecast: Infrastructure Investments to(GDP) Gross Domestic ProductRatio: Transformation data is updated yearly, averaging 2.504 % from Dec 2021 (Median) to 2050, with 30 observations. The data reached an all-time high of 3.154 % in 2026 and a record low of 1.805 % in 2050. Brazil Forecast: Infrastructure Investments to(GDP) Gross Domestic ProductRatio: Transformation data remains active status in CEIC and is reported by Ministry of Development, Industry, Trade and Services. The data is categorized under Brazil Premium Database’s Investment – Table BR.OG003: Infrastructure Investments: Forecast.
This statistic indicates that range of variation in GDP, based on climate change impacts in 2050, broken down by region. It is predicted that in 2050 climate change impacts in the Middle East will lead to a decrease between * and ** percent of the region's GDP.
https://www.imf.org/external/terms.htmhttps://www.imf.org/external/terms.htm
Potential national income loss from climate risks can be computed using simple damage functions that estimate damages based on the temperature outcomes inferred from the emissions trajectories projected by the transition scenarios. Potential national income benefit from avoided climate damages can be computed by contrasting the damages estimates based on the temperature outcomes from the transition scenarios with the policy, or mitigation, costs from climate action needed to meet a particular temperature outcome.Sources: Network for Greening the Financial System (2023), Scenarios Portal; and International Institute for Applied Systems Analysis (2023), NGFS Phase 4 Scenario Explorer; IMF Staff Calculations.Category: Transition to a Low-Carbon EconomyMetadataThe framework of the Network of Central Banks and Supervisors for Greening the Financial System (NGFS) allows to simulate, in a forward-looking fashion, the dynamics within and between the energy, land-use, economy, and climate systems. Consistent with that framework, the NGFS explores a set of seven climate scenarios, which are characterized by their overall level of physical and transition risk. The scenarios in the current Phase IV (NGFS climate scenarios data set) are Low Demand, Net Zero 2050, Below 2°C, Delayed Transition, Nationally Determined Contributions (NDCs), Current Policies, and Fragmented World. Each NGFS scenario explores a different set of assumptions for how climate policy, emissions, and temperatures evolve. To reflect the uncertainty inherent to modeling climate-related macroeconomic and financial risks, the NGFS scenarios use different models, over and above the range of scenarios. These integrated assessment models (IAMs) are, by their acronyms: GCAM, MESSAGEix-GLOBIOM, and REMIND-MAgPIE. GDP losses and benefits are derived based on the National Institute Global Econometric Model (NiGEM). NiGEM consists of individual country models for the major economies, which are linked together through trade in goods and services and integrated capital markets. Country level data (or country aggregates, whenever country level disaggregation is not present) for GDP, population, primary energy consumption by fuel type, useful energy and carbon taxes from the IAM output is used as an input into the NiGEM scenarios. Climate scenarios within NiGEM can be broadly categorized into physical and transition events. While the effects of physical and transition shocks alongside policy decisions are contemporaneous, the scenarios in NiGEM can be run in a “stacked” manner, where each scenario uses the information provided by the previous scenario as its starting point. This allows for decomposition of shocks and their effects. Results are available for three scenarios: Net Zero 2050, Delayed Transition, and Current Policies. For details please see the NGFS climate scenarios presentation, the Climate scenarios technical documentation, and the User guide for data access.MethodologyThe NGFS climate scenarios database contains information on mitigation policy costs, business confidence losses, chronic climate damages, and acute climate damages. Mitigation policy costs reflect transition risk in a narrow sense and is measured against the Current Policies scenario (for which it is zero). Business confidence losses result from unanticipated policy changes, and only in the Delayed Transition scenario. GDP losses from chronic risks arise from an increase in global mean temperature. Estimates of the macroeconomic impact of acute risks are based on physical risk modelling covering different hazards. Acute risks are modeled independent of the input IAM. Results are available at the original sources for four hazards: droughts impacting on crop yields, tropical cyclones directly damaging assets, heatwaves affecting productivity and demand, and riverine floods directly damaging assets too. Apart from floods acute risks are the result of randomized stochastic output, yielding 60th to 99th percentile GDP impacts. In accordance with the presentation of the scenario results by the NGFS, the 90th percentile has been chosen as the representative confidence bound. That way, the results are focusing on tail risk. While the choice of the percentile will lead to marked differences for the GDP losses indicator, its influence on the GDP benefits indicator is muted due to comparing like-with-like. Further, the sum of the impacts from the four hazards is taken as the acute physical risk measure; see what follows for the methodology in deriving the net benefits. Net benefits can be calculated by comparing the impact of stronger climate action to the reference scenario, the Current Policies scenario: Net Benefit = 100 * (GDP[Policy scenario] / GDP[Current Policies] – 1). GDP in either scenario can be inferred from the hypothetical baseline with no transition nor physical risk and the percentage losses due to mitigation policy (MP), business confidence (BC), chronic climate (CC), and acute climate (AC): GDP = Baseline * (1 + (MP + BC + CC + AC) / 100). Plugging this into the above equation one finds after some algebra: Net Benefit = (MP[Policy scenario] – MP[Current Policies] + BC[Policy scenario] – BC[Current Policies] + CC[Policy scenario] – CC[Current Policies] + AC[Policy scenario] – AC[Current Policies]) / (1 + (MP + BC + CC + AC)[Current Policies] / 100). Obviously, MP[Current Policies] = BC[Current Policies] = BC[Net Zero 2050] = 0. In order to achieve consistency in aggregation of the four components to the total benefit, the denominator is kept fixed, while for the individual contributions only one component at a time, MP, BC, CC, or AC, is used in the numerator. Results are presented for the 49 countries, five geographic regions covering the remainder of countries, and a global and European total. The coverage of the five remainder regions refers to the country classification of emerging market and developing economies in the IMF’s World Economic Outlook.Data series: Potential National Income Loss From Climate RisksPotential National Income Benefit From Avoided Climate Damages
This map shows the forecast increase in jobs by percentage in each municipality from 2020 to 2050.Data from the Delaware Valley Regional Planning Commission, 2021.
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This is a Microsoft Excel spreadsheet containing input data (from H-D) that were used to calibrate the IPAT model for both historical (1980–2010) and projected (2015–2050) data sets. Also shows results of the calibrated model, predicting Tj and Ij thru 2050 (historical calibration) and 2150 (projected calibration). (XLSX)
This map shows the annual average economic damage of floods from watercourses in future climate (with climate projection 2050). The economic risk is calculated as a weighted combination of the 3 economic damage maps with high, medium and low probability, expressed in €/m2/year.
Taking 2000 as the base year, the future population scenario prediction adopted the Logistic model of population, and it not only can better describe the change pattern of population and biomass but also is widely applied in the economic field. The urbanization rate was predicted using the urbanization Logistic model. Based on the existing urbanization horizontal sequence value, the prediction model was established by acquiring the parameters in the parametric equation applying nonlinear regression. The urban population was calculated by multiplying the predicted population by the urbanization rate. The Logistic model was used to predict the future gross national product of each county (or city), and then, according to the economic development level of each county (or city) in each period (in terms of real GDP per capita), the corresponding industrial structure scenarios in each period were set, and the output value of each industry was predicted. The trend of industrial structure changing in China and the research area lagged behind the growth of GDP, so it was adjusted according to the need of the future industrial structure scenarios of the research area.
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This paper examines the co-benefits of a pathway to net zero emissions (NZE) in Ethiopia focusing on the economic, social and environmental impacts of climate change mitigation and adaption. Using a novel, participatory, systems dynamics modeling approach – the Ethiopia Green Economy Model (GEM) – the authors assess a NZE pathway against a business-as-usual (BAU) scenario to 2050. Assumptions, design of the model, and features of the pathways were gathered through a collaborative initiative, working with representatives of the government of Ethiopia and local experts. The assessment compares the costs of implementing BAU versus NZE development pathways to the co-benefits of climate action. A key policy question is: how will climate action impact growth and investment as well as poverty, income inequality, employment, and ecosystem services? This analysis shows that moving onto a NZE pathway could raise Ethiopia’s GDP growth to 8.1 percent compared to 6.7 percent per year under BAU from 2020 to 2050. Implementation of NZE is estimated to raise cumulative investment costs as well compared to BAU by 2050 but yields significantly more in co-benefits and avoided costs combined, with the latter mainly from energy savings. Economic performance under the NZE pathway will bring about economic structural change, with a decline in agricultural GDP offset by growth in industry and the service sector. Beyond economic growth, a NZE pathway is expected to create employment co-benefits, adding green jobs, while also bringing about faster reduction of extreme and moderate poverty and raising average disposable income. Overall, this broad economy-wide analysis shows a benefit to cost ratio (BCR) greater than 1 by 2030, with $1.04 of benefits generated for every dollar invested, rising to nearly triple this by 2050. Implementation challenges include the need for a dedicated financing strategy and complementary policies to ensure a just transition for unskilled workers; not examined in any detail here, these are topics ripe for future work. Investments in climate mitigation and adaptation in Ethiopia can synergize development along a 2050 NZE pathway, delivering net zero GHG emissions as well as tangible co-benefits across economic, social and environmental outcomes.Higher levels of investment in the NZE scenario leads to faster, more sustainable and inclusive growth compared to BAU in the longer term.Early introduction of NZE actions and policies in land use and forestry, and in energy and transport sectors, improve development outcomes but also present trade-offs, between skilled and unskilled workers for example, for a just transition that require complementary policy effort.Delay in shifting to a NZE pathway risks hindering economic progress and poverty reduction in a future increasing shaped by climate change. Investments in climate mitigation and adaptation in Ethiopia can synergize development along a 2050 NZE pathway, delivering net zero GHG emissions as well as tangible co-benefits across economic, social and environmental outcomes. Higher levels of investment in the NZE scenario leads to faster, more sustainable and inclusive growth compared to BAU in the longer term. Early introduction of NZE actions and policies in land use and forestry, and in energy and transport sectors, improve development outcomes but also present trade-offs, between skilled and unskilled workers for example, for a just transition that require complementary policy effort. Delay in shifting to a NZE pathway risks hindering economic progress and poverty reduction in a future increasing shaped by climate change.
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EIA Projection: Real GDP data was reported at 32,006.383 USD bn in 2050. This records an increase from the previous number of 31,460.225 USD bn for 2049. EIA Projection: Real GDP data is updated yearly, averaging 23,236.614 USD bn from Dec 2015 (Median) to 2050, with 36 observations. The data reached an all-time high of 32,006.383 USD bn in 2050 and a record low of 16,397.199 USD bn in 2015. EIA Projection: Real GDP data remains active status in CEIC and is reported by Energy Information Administration. The data is categorized under Global Database’s United States – Table US.A019: NIPA 2018: GDP by Expenditure: Constant Price: Annual: Projection: Energy Information Administration.
This map shows the annual average economic damage of flooding from the sea in future climate (with climate projection 2050). The economic risk is calculated as a weighted combination of the 3 economic damage maps with high, medium and low probability, expressed in €/m²/year.
These data provide decadal estimates of port areas required based on future predictions of trade to 2050 under four climate-related policy scenarios. Also included are projections of relative sea-level rise and cost estimates for (i) adaptation to the anticipated sea-level rise under each scenario, and (ii) construction of any new port area required. The resilience of shipping infrastructure and trade to future climate impacts has implications for shipping globally and locally. As a service to other sectors, it will need to adjust to new patterns of economic growth whilst, at the same time, dealing with its own climate challenges. Key among sector concerns is the provision of suitable port infrastructure capable of handling the transfer of sea-borne trade to land based transport systems.Our vision is to create an enduring, multidisciplinary and independent research community strongly linked to industry and capable of informing the policy making process by developing new knowledge and understanding on the subject of the shipping system, its energy efficiency and emissions, and its transition to a low carbon, more resilient future. Shipping in Changing Climates (SCC) is the embodiment of that vision: a multi-university, multi-disciplinary consortium of leading UK academic institutions focused on addressing the interconnected research questions that arise from considering shipping's possible response over the next few decades due to changes in: - climate (sea level rise, storm frequency) - regulatory climate (mitigation and adaptation policy) - macroeconomic climate (increased trade, differing trade patterns, higher energy prices) Building on RCUK Energy programme's substantial (~2.25m) investment in this area: Low Carbon Shipping and High Seas projects, this research will provide crucial input into long-term strategic planning (commercial and policy) for shipping, in order to enable the sector to transition the next few decades with minimum disruption of the essential global services (trade, transport, economic growth, food and fuel security) that it provides. The methodology used to generate the data is described in Hanson and Nicholls (2020) - see Related Resources.
This statistic shows the projected top ten largest national economies in 2050. By 2050, China is forecasted to have a gross domestic product of over ** trillion U.S. dollars.