China, Brazil, India, and Russia to drive 40% of global growth by 2028

Posted on July 7, 2023   |  

China, Brazil, India, and Russia are expected to add 40% of the world’s growth through 2028. 

While Japan, Germany, France, and the UK will be among the top 10 contributors, comprising a smaller share.

75% of global growth is expected to be in 20 countries and over half in the top 4 which are the US, China, Indonesia, and India.

China's portion of global GDP is expected to grow by 22.6% of total world growth through 2028.

India is the 2nd with 12.9% and the US will contribute 11.3%. 

South African development is set to be weak in the next 5 years, adding half a percentage point to the world total.