15 Richest countries in the world by 2050
13 South Korea ($2.06 trillion)
The country has boasted economic success ever since the year 1970 making it in the Top 15 Richest Countries in 2015. But the worry comes from its shrinking workforce as the reduction of fertility in South Korea which has existed for over 20 years. The South Korean government has adopted a mechanism that will boost the economic growth through supporting and giving incentives to the family-owned businesses (Chaebol). This move is intended to create a stimulant that will foresee South Korea to make it on the Top 15 riches countries in the world by year 2050.