5 Largest Economies in the World by 2030

2. China

Projected GDP in 2030 (in billions): $31,624.42

While China’s CAGR from 2023 – 2028 has been a healthy 7.5%, it is still not sufficient to overcome the gap between the U.S. In fact, the slowdown means that there’s a chance that China will never overtake the U.S. economy, as economists estimate that growth could slow down to 3.5% by 2030 and just 1% in 2050, much lower than earlier projections.