India will become the world's third largest economy by 2050, says Lancet study

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 India will become the world's third largest economy by 2050, says Lancet study

India is likely to overtake Japan as the third largest economy in the world by 2050 and continue in that position till 2100, according to a study published in the medical journal Lancet. The study constructed scenarios for GDP using the working age population of countries. It also assessed potential economic and geopolitical effects of future demographic shifts.

By 2100, India was forecasted to still have the largest working-age population in the world, followed by Nigeria, China, and the USA. The study showed that China would rise to the top in 2035 in the reference scenario for GDP, but would be superseded by the USA again in 2098 as population decline curtailed economic growth.



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