Goldman Sachs has made a bold prediction: by 2075, Pakistan could be the world’s sixth-largest economy. In its report, the global investment bank highlights Pakistan’s rapidly growing population and steady development as key factors driving this potential boom over the next fifty years.
The report goes on to say that China, India, and the United States are likely to hold their spots as the top three economies for decades to come. Other countries expected to join the ranks of the world’s major economies include Indonesia, Nigeria, Egypt, Brazil, Germany, Mexico, and the United Kingdom.
This forecast puts a spotlight on Pakistan’s economic prospects and hints at a future where the country plays a much bigger role on the world stage. According to Goldman Sachs, areas like industrial development, job creation, investment, and trade could present major opportunities if supported by stable government policies, improvements in infrastructure, and investment in human capital.
With the right kind of support and planning, Pakistan could be well on its way to becoming an economic powerhouse.
Disclaimer: This information is shared for informational purposes only.
The post originally appeared on Startup Pakistan.
