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FACTBOX-Goldman Sachs' BRIC scenarios and forecasts

Published 06/09/2009, 07:35 AM
Updated 06/09/2009, 07:57 AM

June 9 (Reuters) - The global crisis means China and other emerging market powers will overtake developed world economies even more quickly, the Goldman Sachs economist who coined the BRIC concept told Reuters.

The following are Goldman's views on how the BRIC countries could develop: AVERAGE ANNUAL GROWTH FORECASTS

2009 2010 China 8.3 10.9 India 5.8 6.6 Brazil -1.5 3.7 Russia -7.5 3.0 BRIC 4.8 8.0 World -1.1 3.3 ANNUAL GROWTH SCENARIOS FOR 2011-2050

Pct Brazil 4.3 Russia 2.8 India 6.3 China 5.2 WORLD'S LARGEST ECONOMIES IN 2027

(trillions $) China 22.25 U.S. 21.61 EU-5 16.48 India 5.54 Japan 5.39 Germany 4.16 Russia 4.02 UK 3.98 Brazil 3.87 France 3.75 Italy 2.71 Canada 2.15 WORLD'S LARGEST ECONOMIES IN 2050 (trillion $) China 70.80 U.S. 39.38 India 33.68 EU-5 23.07 Brazil 12.15 Russia 7.58 UK 5.95 Japan 5.87 France 5.80 Germany 5.70 Canada 3.50 Italy 3.40

Source: Goldman Sachs (Reporting by Guy Faulconbridge, editing by Tim Pearce)

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