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The world in 2050 – two scenarios

The world in 2050 – two scenarios. Share of world GDP. GDP per capita. Note: Shares of world GDP were calculated using market exchange rates. Purchasing parity adjusted GDP per capita ($US 2010 prices) Source: Centennial Group (2011). Terms of trade Ratio of export/import prices.

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The world in 2050 – two scenarios

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  1. The world in 2050 – two scenarios Share of world GDP GDP per capita Note: Shares of world GDP were calculated using market exchange rates. Purchasing parity adjusted GDP per capita ($US 2010 prices) Source: Centennial Group (2011).

  2. Terms of tradeRatio of export/import prices Source: ABS Catalogue Number 5206.0, RBA and Treasury

  3. Australia’s historical exchange rate Note: The TWI (Trade Weighted Index) is the value of the Australian dollar relative to currencies of Australia’stradingpartners Source: RBA (2012), ABS (2012)

  4. Three speed economy (Employment share by industry) Per cent Per cent 20 85 Projections 15 80 Manufacturing (LHS) Services (RHS) 10 75 Mining and Construction (LHS) 5 70 Agriculture (LHS) 0 65 1985-86 2002-03 2019-20 • Note: Assumes global mitigation of 550ppm for reference scenario • Source: ABS Catalogue Number 6291.0.55.003 and Treasury estimates from MMRF

  5. Projections of the global middle class by region Source: Kharas, H and Gertz G, 2010, ‘The New Global Middle Class: A Cross-Over from West to East’ in C Li (ed), China’s Emerging Middle Class: Beyond Economic Transformation, Washington, DC, Brookings Institution Press.

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