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 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.

Since the beginning of the 21st century, the BRICS countries have been considered the five foremost developing economies in the world. Originally, the term BRIC was used by economists when talking about the emerging economies of Brazil, Russia, India, and China, however these countries have held annual summits since 2009, and the group has expanded to include South Africa since 2010. China has the largest GDP of the BRICS country, at 16.86 trillion U.S. dollars in 2021, while the others are all below three trillion. Combined, the BRICS bloc has a GDP over 25.85 trillion U.S. dollars in 2022, which is slightly more than the United States. BRICS economic development China has consistently been the largest economy of this bloc, and its rapid growth has seen it become the second largest economy in the world, behind the U.S.. China's growth has also been much faster than the other BRICS countries; for example, when compared with the second largest BRICS economy, its GDP was less than double the size of Brazil's in 2000, but is almost six times larger than India's in 2021. Since 2000, the country with the second largest GDP has fluctuated between Brazil, Russia, and India, due to a variety of factors, although India has held this position since 2015 (when the other two experienced recession), and it's growth rate is on track to surpass China's in the coming decade. South Africa has consistently had the smallest economy of the BRICS bloc, and it has just the third largest economy in Africa; its inclusion in this group is due to the fact that it is the most advanced and stable major economy in Africa, and it holds strategic importance due to the financial potential of the continent in the coming decades. Future developments It is predicted that China's GDP will overtake that of the U.S. by the end of the 2020s, to become the largest economy in the world, while some also estimate that India will also overtake the U.S. around the middle of the century. Additionally, the BRICS group is more than just an economic or trading bloc, and its New Development Bank was established in 2014 to invest in sustainable infrastructure and renewable energy across the globe. While relations between its members were often strained or of less significance in the 20th century, their current initiatives have given them a much greater international influence. The traditional great powers represented in the Group of Seven (G7) have seen their international power wane in recent decades, while BRICS countries have seen theirs grow, especially on a regional level. Today, the original BRIC countries combine with the Group of Seven (G7), to make up 11 of the world's 12 largest economies, but it is predicted that they will move further up on this list in the coming decades.

Under current climate policies, Sudan would face a GDP loss of ** percent by 2050 and a shrinkage of over ** percent by 2100 due to climate change. According to the source's estimates, this would be the most significant loss among all assessed countries in Africa. Even in a scenario of limiting temperatures to *** degrees Celsius, the damage to Sudan's economy would stand at a GDP reduction of ** percent by 2050 and ** percent by 2100. Eight out of 10 countries estimated to record the largest GDP reduction because of climate change globally were located in Africa. The estimates did not consider potential adaptation measures to alleviate the economic loss.

In 2024, the total gross domestic product (GDP) of all ASEAN states amounted to approximately 3.95 trillion U.S. dollars, a significant increase from the previous years. In fact, the GDP of the ASEAN region has been skyrocketing for a few years now, reflecting the region’s thriving economy. Power in the EastThe Association of Southeast Asian Nations (ASEAN) comprises Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. It was established in 1967 among five of these countries (Indonesia, Malaysia, Thailand, Singapore, and the Philippines) to facilitate trade and economic growth, as well as promote cultural development and social structures in the region. To date, they have been joined by another five nations. The ASEAN marketThe founding of the ASEAN organization provides the collaborating nations with more autonomy and influence on the global economy than they would have had by themselves. Additionally, struggling participating countries, such as Laos, are given an opportunity to grow on an ASEAN single market.

By 2050, the United States is expected to have the largest economic loss due to water risk than any other country across the globe. China follows in second, but by a wide margin, with an estimated GDP loss of ***** billion U.S. dollars between 2022 and 2050.

The real gross domestic product (GDP) of Malta is estimated to have grown by *** percent in 2023 and is projected to grow a further **** percent in 2024, which are the highest growth rates across all European countries for each year. In comparison, Estonia, Austria, Finland, and Ireland all had *************** rates in 2023.

The statistic shows GDP in India from 1987 to 2024, with projections up until 2030. In 2024, GDP in India was at around 3.91 trillion U.S. dollars, and it is expected to reach six trillion by the end of the decade. See figures on India's economic growth here, and the Russian GDP for comparison. Historical development of the Indian economy In the 1950s and 1960s, the decision of the newly independent Indian government to adopt a mixed economy, adopting both elements of both capitalist and socialist systems, resulted in huge inefficiencies borne out of the culture of interventionism that was a direct result of the lackluster implementation of policy and failings within the system itself. The desire to move towards a Soviet style mass planning system failed to gain much momentum in the Indian case due to a number of hindrances, an unskilled workforce being one of many.When the government of the early 90’s saw the creation of small-scale industry in large numbers due to the removal of price controls, the economy started to bounce back, but with the collapse of the Soviet Union - India’s main trading partner - the hampering effects of socialist policy on the economy were exposed and it underwent a large-scale liberalization. By the turn of the 21st century, India was rapidly progressing towards a free-market economy. India’s development has continued and it now belongs to the BRICS group of fast developing economic powers, and the incumbent Modi administration has seen India's GDP double during its first decade in power.

From 2020 to 2050, the largest economic loss due to chronic obstructive pulmonary disease (COPD) is expected to occur in high-income countries, estimated at 1,885 billion 2017 international dollars. This is followed by upper-middle income countries, with a predicted economic loss of 1,633 billion 2017 international dollars due to COPD.

In 2023, London had a gross domestic product of over 569 billion British pounds, by far the most of any region of the United Kingdom. The region of South East England which surrounds London had the second-highest GDP in this year, at over 360 billion pounds. North West England, which includes the major cities of Manchester and Liverpool, had the third-largest GDP among UK regions, at almost 250 billion pounds. Levelling Up the UK London’s economic dominance of the UK can clearly be seen when compared to the other regions of the country. In terms of GDP per capita, the gap between London and the rest of the country is striking, standing at over 63,600 pounds per person in the UK capital, compared with just over 37,100 pounds in the rest of the country. To address the economic imbalance, successive UK governments have tried to implement "levelling-up policies", which aim to boost investment and productivity in neglected areas of the country. The success of these programs going forward may depend on their scale, as it will likely take high levels of investment to reverse economic neglect regions have faced in the recent past. Overall UK GDP The gross domestic product for the whole of the United Kingdom amounted to 2.56 trillion British pounds in 2024. During this year, GDP grew by 0.9 percent, following a growth rate of 0.4 percent in 2023. Due to the overall population of the UK growing faster than the economy, however, GDP per capita in the UK fell in both 2023 and 2024. Nevertheless, the UK remains one of the world’s biggest economies, with just five countries (the United States, China, Japan, Germany, and India) having larger economies. It is it likely that several other countries will overtake the UK economy in the coming years, with Indonesia, Brazil, Russia, and Mexico all expected to have larger economies than Britain by 2050.

The economic losses due to water risk across the globe are projected to increase in the following decades. By 2050, the cumulative gross domestic product (GDP) loss worldwide is estimated to reach *** trillion U.S. dollars. Furthermore, the country that is expected to have the largest GDP loss as a result of water hazard between 2022 and 2050 is the United States, with an estimated economic impact of some *** trillion U.S. dollars.

In 2024, the gross domestic product (GDP) of the United Kingdom grew by *** percent and is expected to grow by *** percent in 2025 and by *** percent in 2026. Between 2027 and 2030, the economy is forecast to grow by ****percent every year. The sudden emergence of COVID-19 in 2020 and subsequent closure of large parts of the economy were the cause of the huge *** percent contraction in 2020, with the economy recovering somewhat in 2021, when the economy grew by *** percent. Long-term growth downgraded Although the UK economy will grow faster than expected in 2025, long-term economic growth is predicted to be slower. Increased geopolitical uncertainty as well as lower than expected productivity growth were some of the main reasons cited for this downgrade. In addition, the UK's inflation rate for 2025 was also revised, with an annual rate of *** percent predicated, up from *** percent in the last forecast. Unemployment has also been higher than initially thought, with the annual unemployment rate likely to be *** percent instead of *** percent. Long-term growth problems In the last two quarters of 2023, the UK economy shrank by *** percent in Q3 and by *** percent in Q4, plunging the UK into recession for the first time since the COVID-19 pandemic. Even before that last recession, however, the UK economy has been struggling with weak growth. Although growth since the pandemic has been noticeably sluggish, there has been a clear long-term trend of declining growth rates. The economy has consistently been seen as one of the most important issues to people in Britain, ahead of health, immigration and the environment. Achieving strong levels of economic growth is one of the main aims of the current government elected, although after one and a half years in power it has so far proven elusive.

The statistic shows the gross domestic product (GDP) per capita in Canada from 1987 to 2024, with projections up until 2030. In 2024, the gross domestic product per capita in Canada was around 54,473.19 U.S. dollars. Canada's economy GDP per capita is a measurement often used to determine economic growth and potential increases in productivity and is calculated by taking the GDP and dividing it by the total population in the country. In 2014, Canada had one of the largest GDP per capita values in the world, a value that has grown continuously since 2010 after experiencing a slight downturn due to the financial crisis of 2008. Canada is seen as one of the premier countries in the world, particularly due to its strong economy and healthy international relations, most notably with the United States. Canada and the United States have political, social and economical similarities that further strengthen their relationship. The United States was and continues to be Canada’s primary and most important trade partner and vice versa. Canada’s economy is partly supported by its exports, most notably crude oil, which was the country’s largest export category. Canada was also one of the world’s leading oil exporters in 2013, exporting more than the United States. Additionally, Canada was also a major exporter of goods such as motor vehicles and mechanical appliances, which subsequently ranked the country as one of the world’s top export countries in 2013.

As of 2020, Russia had the highest energy intensity when compared to all other regions and countries worldwide. The energy intensity value in Russia is ***** British thermal units per 2015 dollar of GDP (PPP) and the forecasted value for 2050 is ***** British thermal units per 2015 dollar of GDP (PPP). Russia was followed by Canada.

In 2024, Germany was the leading EU country in terms of population, with around 85 million inhabitants. In 2050, approximately 89.2 million people will live in Germany, according to the forecast. See the total EU population figures for more information. The global population The global population is rapidly increasing. Between 1990 and 2015, it increased by around 2 billion people. Furthermore, it is estimated that the global population will have increased by another 1 billion by 2030. Asia is the continent with the largest population, followed by Africa and Europe. In Asia,the two most populous nations worldwide are located, China and India. In 2014, the combined population in China and India alone amounted to more than 2.6 billion people. for comparison, the total population in the whole continent of Europe is at around 741 million people. As of 2014, about 60 percent of the global population was living in Asia, with only approximately 10 percent in Europe and even less in the United States. Europe is the continent with the second-highest life expectancy at birth in the world, only barely surpassed by Northern America. In 2013, the life expectancy at birth in Europe was around 78 years. Stable economies and developing and emerging markets in European countries provide for good living conditions. Seven of the top twenty countries in the world with the largest gross domestic product in 2015 are located in Europe.

Estimates of lost GDP due to five leading NCDs and due to all NCDs in the United States, 2015–2050 (in trillions of 2010 USD).

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The bone cement market is expected to grow at a CAGR of 5% during the forecast period. Increasing rate of adoption of minimally invasive techniques, drivers.2, and drivers.3 are some of the significant factors fueling bone cement market growth.

Increasing rate of adoption of minimally invasive techniques

Technavio categorizes the global bone cement market as a part of the global healthcare supplies market that primarily covers manufacturers of medical products, including all categories of supplies such as consumables and disposables like safety needles, syringes, and catheters. The parent, global healthcare supplies market, covers products and companies engaged in R&D of a variety of product categories spanned across medical consumables that are used for the diagnosis and treatment of various diseases. The global healthcare market was valued at $1.72 trillion in 2019 and is expected to grow at a moderate pace. The global healthcare supplies market, which is a part of the global healthcare market, was valued at $27.31 bn in the same year. Technavio calculates the global healthcare supplies market size based on the combined revenue generated by manufacturers of medical supplies such as syringes, drapes, gloves, and gowns. Growth in the global healthcare supplies market will be driven by the following factors: Increasing life expectancy: The proportion of the global population over the age of 60 years is forecast to increase significantly. By 2050, nearly one-fourth of the US population is projected to be over 60 years, while Europe is likely to reach a similar proportion by 2030. Moreover, some large economies in Asia, such as Japan, already has one-third of its population above 60 years of age. China is expected to have almost half of its population above 60 years by around 2050. This geriatric population requires more medical attention leading to higher spending on healthcare. Expanding access to improved healthcare in emerging economies: With good economic growth across emerging markets in Asia and Africa, since 2000, leading to higher income levels, access to healthcare has also improved. The governments are also spending more on healthcare with a focus on improving the quality of care. Most of this growth has come from emerging countries and low-income regions. Sedentary lifestyle gaining pace: Sedentary lifestyle is the consequence of urbanization, an unhealthy diet, and decreasing levels of physical activity. It is a significant global health concern, with about one-fourth of the population in large economies like the US and China leading a physically inactive lifestyle. A sedentary lifestyle is anticipated to influence and change the nature of healthcare spending. Technavio expects healthcare spending to increase and move away from communicable diseases to chronic care. Increase in cases of chronic conditions: The number of chronic disease cases has been rising globally. The majority of the US population currently lives with at least one chronic condition. In 2018, China reached a “tipping point” by recording the highest number of early deaths due to chronic diseases. Going forward, the incidence of chronic cases is expected to be much higher than that of infectious diseases. Increasing number of surgical procedures: The increase in the number of surgical procedures due to the growing prevalence of various disorders requiring surgical interventions, and the rise in chronic conditions, apart from increasing cases of accidents and injuries, is leading to a rise in demand for medical supplies. Growing focus on infection control: Globally, hospital-acquired infections are major sources of concern among people receiving healthcare. For middle- and low-income economies, the rate of infection is much higher compared with patients in developed economies who receive healthcare of better quality. One way of countering this is to improve the conditions of healthcare facilities and provide healthcare supplies of better quality. Demand for better healthcare will push sales: Rapid urbanization in developing economies in Asia has created a demand for a high standard of healthcare and is expected to drive volume sales of healthcare supplies. Growth generated by emerging segments in healthcare: Growing adoption of healthcare supplies for home-based healthcare, home medical devices, and other advanced application areas such as robotic surgery will aid in the growth of this market. Increased healthcare spend is driving healthcare budgets. It is pushing governments to create cost pressure in the sector, which is a challenge. Some of the key cost and other pressures faced by the healthcare sector are listed below. Pricing pressure by governments: To reduce per capita healthcare spending, governments are increasingly trying to reduce costs related to the various stakeholders that include insurers, healthcare institutions, and manufacturers. Reimbursement reforms: To make healthcare more affordable for

The primary energy demand in the Asia-Pacific region was forecasted to reach about *** quadrillion British thermal units (BTUs) by 2050, reflecting a substantial increase driven by rapid economic and population growth. Coal demand was forecasted to steadily decrease from around *** quadrillion BTUs in 2025 to approximately ** quadrillion BTUs in 2050, indicating the region’s shift towards cleaner energy. While coal consumption was projected to decline, demand for oil and natural gas was projected to rise, reflecting the complex energy transition facing the region. Rising energy demand and economic efficiency The Asia-Pacific region's primary energy demand is projected to rise by a quarter from 2023 to 2050. This projected increase highlights the region's continued significant role as the largest consumer of primary energy in the global energy market. Notably, the region is becoming more energy-efficient, with projections indicating a significant decrease in energy intensity by 2050, showing improvements in economic productivity relative to energy use. Environmental implications and energy transition efforts The increasing energy demand in the Asia-Pacific region has significant environmental implications. As the largest global emitter of energy-related CO2, the region faces mounting pressure to address climate change concerns. The forecasted growth in renewable energy sources, particularly wind and solar, offers a promising path toward reducing emissions. Some countries in the region are increasing their efforts to transition away from fossil fuel dependency, particularly coal, with the aim of gradual decarbonizing the energy sector. For example, China and India, the two largest coal consumers in APAC, have raised a larger share of investments in renewable energy and clean technologies. However, the fossil fuel sector in the region continued to receive a substantial portion of funding. The Asia-Pacific region relies on their governments for more determined efforts to realize their climate ambitions.

Between 2022 and 2050, storms are estimated to cause a direct economic loss of approximately *** trillion U.S. dollars across the globe, becoming the weather event with the largest economic impact. This would represent nearly half of the direct economic losses due to water hazard estimated for this period of time. Meanwhile, floods and droughts are expected to result in an economic impact of some *** and *** billion U.S. dollars, respectively.

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The bone cement market is expected to grow at a CAGR of 5% during the forecast period. Increasing rate of adoption of minimally invasive techniques, drivers.2, and drivers.3 are some of the significant factors fueling bone cement market growth.

Increasing rate of adoption of minimally invasive techniques

Technavio categorizes the global bone cement market as a part of the global healthcare supplies market that primarily covers manufacturers of medical products, including all categories of supplies such as consumables and disposables like safety needles, syringes, and catheters. The parent, global healthcare supplies market, covers products and companies engaged in R&D of a variety of product categories spanned across medical consumables that are used for the diagnosis and treatment of various diseases. The global healthcare market was valued at $1.72 trillion in 2019 and is expected to grow at a moderate pace. The global healthcare supplies market, which is a part of the global healthcare market, was valued at $27.31 bn in the same year. Technavio calculates the global healthcare supplies market size based on the combined revenue generated by manufacturers of medical supplies such as syringes, drapes, gloves, and gowns. Growth in the global healthcare supplies market will be driven by the following factors: Increasing life expectancy: The proportion of the global population over the age of 60 years is forecast to increase significantly. By 2050, nearly one-fourth of the US population is projected to be over 60 years, while Europe is likely to reach a similar proportion by 2030. Moreover, some large economies in Asia, such as Japan, already has one-third of its population above 60 years of age. China is expected to have almost half of its population above 60 years by around 2050. This geriatric population requires more medical attention leading to higher spending on healthcare. Expanding access to improved healthcare in emerging economies: With good economic growth across emerging markets in Asia and Africa, since 2000, leading to higher income levels, access to healthcare has also improved. The governments are also spending more on healthcare with a focus on improving the quality of care. Most of this growth has come from emerging countries and low-income regions. Sedentary lifestyle gaining pace: Sedentary lifestyle is the consequence of urbanization, an unhealthy diet, and decreasing levels of physical activity. It is a significant global health concern, with about one-fourth of the population in large economies like the US and China leading a physically inactive lifestyle. A sedentary lifestyle is anticipated to influence and change the nature of healthcare spending. Technavio expects healthcare spending to increase and move away from communicable diseases to chronic care. Increase in cases of chronic conditions: The number of chronic disease cases has been rising globally. The majority of the US population currently lives with at least one chronic condition. In 2018, China reached a “tipping point” by recording the highest number of early deaths due to chronic diseases. Going forward, the incidence of chronic cases is expected to be much higher than that of infectious diseases. Increasing number of surgical procedures: The increase in the number of surgical procedures due to the growing prevalence of various disorders requiring surgical interventions, and the rise in chronic conditions, apart from increasing cases of accidents and injuries, is leading to a rise in demand for medical supplies. Growing focus on infection control: Globally, hospital-acquired infections are major sources of concern among people receiving healthcare. For middle- and low-income economies, the rate of infection is much higher compared with patients in developed economies who receive healthcare of better quality. One way of countering this is to improve the conditions of healthcare facilities and provide healthcare supplies of better quality. Demand for better healthcare will push sales: Rapid urbanization in developing economies in Asia has created a demand for a high standard of healthcare and is expected to drive volume sales of healthcare supplies. Growth generated by emerging segments in healthcare: Growing adoption of healthcare supplies for home-based healthcare, home medical devices, and other advanced application areas such as robotic surgery will aid in the growth of this market. Increased healthcare spend is driving healthcare budgets. It is pushing governments to create cost pressure in the sector, which is a challenge. Some of the key cost and other pressures faced by the healthcare sector are listed below. Pricing pressure by governments: To reduce per capita healthcare spending, governments are increasingly trying to reduce costs related to the various stakeholders that include insurers, healthcare institutions, and manufacturers. Reimbursement reforms: To make healthcare more affordable for