Nigeria will be Africa’s sole representative in the top 20 economies by 2030

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VENTURES – , currently ’s biggest a of $510 billion, will be the only African country amongst the 20 largest economies in the world by 2030. This is indicated in a macro-economic projection by the US Department of Agriculture.

The US will lead this elite group of economies a Gross Domestic Product () of about $24.8 trillion. will follow closely a of $22.2 trillion, while will be third with $6.6 trillion.

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US department of agriculture

Despite narrowly escaping the bottom slot, the World Bank has predicted ’s will rise gradually by 5.1 percent till 2017.

Countries like , the Philippines and have distinguished themselves as “risers” in global GDP rankings . This indicates an average growth rate of 5.5 percent per annum till 2050.