Finance RANKED: These will be the 21 most powerful economies in 2030

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Emerging markets will start to dominate rankings of the world's top economies by 2030, according to a report from PwC.

Men's 4 x 100m Relay Round 1, Rio Olympics, 2016, Brazil, 18/08/2016. Xie Zhenye (CHN) of China and his teammate Su Bingtian (CHN) of China compete with Christian Coleman (USA) of USA and his teammate Tyson Gay (USA) of USA. play

Men's 4 x 100m Relay Round 1, Rio Olympics, 2016, Brazil, 18/08/2016. Xie Zhenye (CHN) of China and his teammate Su Bingtian (CHN) of China compete with Christian Coleman (USA) of USA and his teammate Tyson Gay (USA) of USA.

(Reuters / Alessandro Bianchi)
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LONDON — Emerging markets will start to dominate rankings of the world's top economies by 2030, according to a report published earlier this year.

The report, published by PricewaterhouseCoopers, finds that emerging markets such as India and Brazil will increasingly challenge the economic dominance of the USA and China, while others slip behind.

The report ranks countries by their projected global gross domestic product by purchasing power parity (PPP).

PPP is a model which describes the purchasing power, and therefore value, of a given currency.

See which countries made the list. All numbers cited in the slides are in US dollars and at constant values (for reference, the US's current PPP is $18.569 trillion):

Lianna Brinded contributed to the original version of this report.

21. Nigeria — $1.794 trillion

21. Nigeria — $1.794 trillion play

21. Nigeria — $1.794 trillion

(REUTERS/Akintunde Akinleye)


20. Pakistan — $1.868 trillion

20. Pakistan — $1.868 trillion play

20. Pakistan — $1.868 trillion

(Wikimedia)


19. Egypt — $2.049 trillion

19. Egypt — $2.049 trillion play

19. Egypt — $2.049 trillion

(Daria Volyanskaya / Shutterstock)


18. Canada — $2.141 trillion

18. Canada — $2.141 trillion play

18. Canada — $2.141 trillion

(Flickr/Kenny Louie)


17. Spain — $2.159 trillion

17. Spain — $2.159 trillion play

17. Spain — $2.159 trillion

(Shutterstock/LucVi)


16. Iran — $2.354 trillion

16. Iran — $2.354 trillion play

16. Iran — $2.354 trillion

(Lost With Purpose)


15. Italy — $2.541 trillion

15. Italy — $2.541 trillion play

15. Italy — $2.541 trillion

(Zakhar Mar / Shutterstock)


14. South Korea — $2.651 trillion

14. South Korea — $2.651 trillion play

14. South Korea — $2.651 trillion

(Seoul Metropolitan Government)


13. Saudi Arabia — $2.755 trillion

13. Saudi Arabia — $2.755 trillion play

13. Saudi Arabia — $2.755 trillion

(REUTERS)


12. Turkey — $2.996 trillion

12. Turkey — $2.996 trillion play

12. Turkey — $2.996 trillion

(Wikipedia / CC 3.0)


11. France — $3.377 trillion

11. France — $3.377 trillion play

11. France — $3.377 trillion

(Anthony Delanoix / Unsplash)


10. United Kingdom — $3.638 trillion

10. United Kingdom — $3.638 trillion play

10. United Kingdom — $3.638 trillion

(Shutterstock/Shahid Khan)


9. Mexico — $3.661 trillion

9. Mexico — $3.661 trillion play

9. Mexico — $3.661 trillion

(ChameleonsEye/Shutterstock)


8. Brazil — $4.439 trillion

8. Brazil — $4.439 trillion play

8. Brazil — $4.439 trillion

(Marc Turcan / Shutterstock)


7. Germany — $4.707 trillion

7. Germany — $4.707 trillion play

7. Germany — $4.707 trillion

(CA IMMO)


6. Russia — $4.736 trillion

6. Russia — $4.736 trillion play

6. Russia — $4.736 trillion

(Flickr/Danila Matveev)


5. Indonesia — $5.424 trillion

5. Indonesia — $5.424 trillion play

5. Indonesia — $5.424 trillion

(Muhammad Rasyid Prabowo/Flickr)


4. Japan — $5.606 trillion

4. Japan — $5.606 trillion play

4. Japan — $5.606 trillion

(Shutterstock/Sean Pavone)


3. India — $19.511 trillion

3. India — $19.511 trillion play

3. India — $19.511 trillion

(Shutterstock / Richie Chan)


2. United States — $23.475 trillion

2. United States — $23.475 trillion play

2. United States — $23.475 trillion

(TTstudio/Shutterstock)


1. China — $38.008 trillion

1. China — $38.008 trillion play

1. China — $38.008 trillion

(Wikimedia Commons)