Next Halfcentury

22.03.2018
14:48
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Spain agencies will grow an average of 2% between 2011 and 2030, and 1.4% between 2030 and 2060. The average growth of world GDP for the next 50 years is 3%, compared to 1.7% on average in Spain. Despite the growth of the emerging countries, in 2060 will persist the vast differences between countries in terms of quality of life. The Spanish economy, weighed down particularly by the aging of its population, will grow in the next half century at a rate lower than the OECD average, although the prospects are even worse in other European countries such as Germany, Italy, Portugal, Greece or France. According to a report of long-term prospects published Friday by the Organization for cooperation and development economic (OECD), the gross domestic product (GDP) Spanish, 2%, less than the average of 2.9 per cent between 1995 and 2011 will grow on average in the period between 2011 and 2030. However, this increase in GDP will be even less between 2030 and 2060, When reduced to 1.4%.

In total, the average growth for the period 2011-2060 is 1.7%. Thus, in 2060 horizon, GDP per capita of Spain is 61.8 per cent with respect to the United States, compared to 69.5% which meant in 2011, while China will have risen to 59.3%, compared to 16.6% last year. World GDP is expected that grow around 3% on average in the next 50 years, although is expected wide differences among countries and regions. Fast-growing emerging countries will be the main drivers of long-term prospects, explains the institution in his Studio Looking to 2060: A Global Vision of Long-Term Growth. India and Indonesia to the head between analysed by OECD economies that will grow more in the next 50 years are India (5.1%), Indonesia (4.1%), China (4%) and Saudi Arabia (3.1%). On the contrary, that less will be Germany and Luxembourg (1.1% both), Japan (1.3%), Austria, Greece, Italy and Portugal (1.4% in the four countries) and France, Korea and Poland (1.6%).

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