Coming Soon: Big Change in Global Economic Rankings
China projected to overtake US as No. 1 in 2032
By Newser Editors,  Newser Staff
Posted Dec 26, 2017 2:42 PM CST
A shopper looks at the latest iPhone at a retail store in Beijing.   (AP Photo/Ng Han Guan)

(Newser) – America can still boast of having the world's biggest economy—but only for about 15 more years. A report by the Centre for Economics and Business Research in London predicts that China will overtake the US for the top spot in 2032, reports Bloomberg. In fact, the report illustrates how not just China but Asian nations in general will continue to climb the economic ranks. Witness the projected shift:

  • 2017: The top five economies, in order are the US, China, Japan, Germany, and India.
  • 2032: The new order will be China, the US, India, Japan, and Germany.

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