Emerging markets will start to dominate rankings of the world's top economies by 2030, according to a report published earlier this year.
The report, published by PricewaterhouseCoopers, finds that emerging markets such as India and Brazil will increasingly challenge the economic dominance of the USA and China, while others slip behind.
The report ranks countries by their projected global gross domestic product by purchasing power parity (PPP). PPP is a model which describes the purchasing power and therefore value, of a given currency.
PPP is a model which describes the purchasing power and therefore value, of a given currency.
Let's see which countries that hit the rank and on top of all of 21 nations that are listed, you sure wouldn't believe that there is one country from this region is included.
21. Nigeria — $1.794 trillion
![Source Image: World Photo Organisation](https://www.worldphoto.org/sites/default/files/3%2C%20Glenna%20Gordon%2C%20USA%2C%20Shortlist%2C%20Arts%20%26%20Culture%2C%20Professional%202014%20Sony%20World%20Photography%20Awards.jpg)
20. Pakistan — $1.868 trillion
![An ox race in Lahore. Source Image: Rough Guides](http://www.roughguides.com/wp-content/uploads/2014/04/030910_0204.jpg)
19. Egypt — $2.049 trillion
![Source Image: whatwomenwant-mag.com](http://whatwomenwant-mag.com/wp-content/uploads/2016/06/elmoez-2.jpg)
18. Canada — $2.141 trillion
![Toronto Skyline , Ontario, Canada. Source Image: Architectural & interior Design Photography Montreal blog](http://blog.davidgiralphoto.com/wp-content/uploads/2014/03/editorial-travel-toronto-skyline-blue-hour.jpg)
17. Spain — $2.159 trillion
![Barcelona, Spain. Source Image: Dream Wedding](http://www.dreamwedding.com.sg/wp-content/uploads/2015/11/Barcelona-Spain-europe-overseas-destination-singapore-pre-wedding-bridal-photoshoot-wedding-gown-rental-photography-photography-package-1.jpg)
16. Iran — $2.354 trillion
![Slum Houses, Masouleh, Iran. Source Image: Pinterest](http://i.imgur.com/KzPFcaX.jpg)
15. Italy — $2.541 trillion
![Europe's most colourful towns. Source Image: norwegian.com](https://dv5lc0nz60nfv.cloudfront.net/contentFiles/image/may2013/c4g1gx.jpg)
14. South Korea — $2.651 trillion
![Cherry blossoms at night, in South Korea's Busan City. Source Image: 123RF Stock Photo](https://previews.123rf.com/images/cozyta/cozyta1505/cozyta150500034/40321351-cherry-blossoms-at-night-busan-city-in-south-korea-Stock-Photo.jpg)
13. Saudi Arabia — $2.755 trillion
![Light trails from traffic illuminate highways surrounded by residential buildings in Riyadh. Source Image: Bloomberg](https://assets.bwbx.io/images/users/iqjWHBFdfxIU/id8vLUTUVFyc/v3/-1x-1.jpg)
12. Turkey — $2.996 trillion
![Source Image: Maciej Dakowicz](http://www.maciejdakowicz.com/files/posts/5290/turkey_istanbul_sultanahmet_blue_mosque_twilight.jpg)
11. France — $3.377 trillion
![Street of Old Nice, French Riviera. Source Image: Anna Everywhere](http://annaeverywhere.com/wp-content/uploads/2015/08/Nice_date_9.jpg)
10. United Kingdom — $3.638 trillion
![United Kingdom, as photographed by Sean Batten](https://www.worldphoto.org/sites/default/files/%C2%A9%20Sean%20Batten%2C%20United%20Kingdom%2C%20Shortlist%2C%20Open%2C%20Architecture%2C%202014%20Sony%20World%20Photography%20Awards.jpg)
9. Mexico — $3.661 trillion
![Source Image: World Photography Organisation](https://www.worldphoto.org/sites/default/files/Brenda%20Patricia%20Laguna%20Garcia%2C%20Mexico%2C%20Commended%2C%20Youth%2C%20Culture%2C%202015%20Sony%20World%20Photography%20Awards.jpg)
8. Brazil — $4.439 trillion
![Ipanema, an affluent neighbourhood located in the South Zone of the city of Rio de Janeiro. Source Image: Brian Hodges Photography](https://497887c613cfe6ee4843-9788ba01f6a75a13085678c63f151e23.ssl.cf1.rackcdn.com/Brazil09-552-as-Smart-Object-1.jpg)
7. Germany — $4.707 trillion
![In Berlin, Germany. Source Image: Matt Badenoch](http://www.mattbadenoch.com/wp-content/uploads/2017/01/berlin-street-photography-germany-25.jpg)
6. Russia — $4.736 trillion
![In Moscow. Source Image: The Telegraph](http://www.telegraph.co.uk/content/dam/Travel/Destinations/Europe/Russia/Moscow-travel-AP98512768-xlarge.jpg)
5. INDONESIA — $5.424 trillion
According to a professional body ICAS last year, Asia will remain the fastest growing region of the world overall, with Indonesia on course to become the world’s 16th trillion dollar economy, drawing some attention away from the traditional hubs of China and India.
It's not surprising though that this one and only nation in the region could project more towards 2030.
![In Ubud, Bali © PicQuery](http://www.photoburst.net/photo_section/photos/marked1200/ubud-bali-indonesia-temple-anniversary-canon-eos-5d-mark-ii-24-70mm-coucla-refaat.jpg)
4. Japan — $5.606 trillion
![Japan's city at night © Pinterest](https://s-media-cache-ak0.pinimg.com/originals/64/ac/50/64ac50a87a27b87618974ecae7a79455.jpg)
3. India — $19.511 trillion
![Source Image: World Photography Organisation](https://www.worldphoto.org/sites/default/files/India%2C%20Abhijit%20Banerjee%2C%20Winner%2C%20India%20National%20Award%2C%202016%20Sony%20World%20Photography%20Awards.jpg)
2. United States — $23.475 trillion
![Golden Gate Bridge in California United States © Pinterest](https://s-media-cache-ak0.pinimg.com/originals/1f/f5/64/1ff564fac0496fe19815e6a2662030be.jpg)
1. China — $38.008 trillion
![A worker checks on coils of steel at a factory in Dalian, Liaoning province © The Baltimore Sun](http://darkroom.baltimoresun.com/wp-content/uploads/2012/10/REU-CHINA-ECONOMY_.jpg)
Note: All numbers cited above are in US dollars and at constant values (for reference, the US's current PPP is $18.569 trillion)
Source : The Independent UK