In the year 2050, Indonesiawhich is included among the so-called emerging economies, will be classified ranked fourth among the 5 strongest economies to the world, making the overtaking Germany and the United Kingdom. Italy, once among the five world powers, will not even be in the rankings.
In general the Emerging Economies E7including Indonesia, they will grow much faster of the G7 economies (Canada, France, Germany, Japan, Italy, the United Kingdom and the United States). This is what emerges from the world economic power map redesigned by the multinational consultancy Pwc –PriceWaterhouseCoopers.
Economic weight shifts to Asia
“Bali, today represents the tip of the iceberg of a country in constant economic growth, tourism and real estate investment opportunities” explains Michele Porinelli, owner of Bali Holiday Properties who since 2021 has decided to invest his ten-year professional experience in the sector in the Indonesian island. The economic weight is therefore shifting towards Asia. Indonesia and its Bali represent considerable long-term growth potential, consequently attracting an ever-increasing interest from tourists and investors.
Indonesia’s development potential
The world economy is changing at such a rapid pace that countries that were once considered second-rate are developing so quickly that they are creating a huge competition to those economies that until now have always been thought of as economic powers.
“Bali with its millions of visitors per year is growing exponentially and it is certainly one of the places in the world where profitability is highest, – explains Porinelli –. In fact, already today there are many locations in the Indonesian archipelago where you can invest at very advantageous prices because they are islands still in development and with great potentialbut which within the next 5-7 years will have a significant explosion and will be at the same level as Bali, such as the island of Sumba, Flores and Lombok”.
In general, the always greater number of tourists inevitably bring with them new international investments and in the next few years there will be many tourist centers also in other islands where you can invest in real estate.
Italy’s position
Italyan undisputed destination on the tourism front and part of the G7, always from what can be deduced from the map drawn by the multinational consultancy Pwc of the world economic power, in the year 2050, will be, together with the majority of European countries, out of the rankings.
Goldman Sachs agrees
The Rise of Indonesia in the top 5 of the world powers had been confirmed last year also by a research by Goldman-Sachswhich however considered a wider range until 2075. Based on that report, Indonesia would have risen to fourth place, after China, India and the United Statesconfirming the Asia-Pacific area’s revenge on the West.
In fifth place is Nigeria, followed by other emerging economies such as Pakistan, Egypt and Brazil. Germany and United Kingdom would only go down to the last places of the Top 10. And not even a shadow of Italy.
