Mexico to Overtake Russia by 2050 as U.S. Slides
Local farmers and residents gather in the main plaza to listen to government officials speak about compensation for damage from a mine spill in Baviacora, Mexico.
Photographer: Susana Gonzalez/BloombergMexico and Indonesia will displace Russia and Italy among the top 10 economies in just 35 years' time, with China, the U.S. and India taking the top three slots, according to forecasts by the Economist Intelligence Unit.
The world's most populous nation will overtake the U.S. as early as 2026 in nominal gross domestic product in dollar terms. India and China will each be richer than the next five nations -- Indonesia, Germany, Japan, Brazil, and the U.K. -- combined, representing "a scale of wealth relative to the rest of the top ten that is unique in recorded history," according to the EIU.