International economic projections reveal that two Latin American nations will occupy a privileged position among the largest global powers by 2030. Their sustained growth and strategic value make them key players in trade relations with China and the United States.
While the focus is often on Asia and North America, a recent global study shines a spotlight on Latin America, where two countries in particular are making solid strides toward the global economic summit. With forecasts backed by prestigious consulting firms, these regional giants will not only gain commercial influence but could also alter the economic balance of traditional powers.
According to reports from PricewaterhouseCoopers (PwC) and Standard Chartered, Brazil and Mexico are destined to play a leading role in the global economy in the next five years. Both countries, currently led by Lula da Silva and Claudia Sheinbaum respectively, are set to rank eighth and ninth among the largest economies on the planet by 2030.
The study The long view: how will the global economic order change by 2050? evaluated Gross Domestic Product (GDP) and Purchasing Power Parity (PPP) of various nations, positioning Brazil with an estimated GDP of USD 4.439 trillion, and Mexico with USD 3.661 trillion. These figures reflect sustained growth that surpasses that of other regional economies.
This economic leap not only puts them on the radar of major powers but also makes them key players in establishing strategic trade relations, particularly with China and the United States, the two giants competing for global influence.
According to the study's projections, by 2030 the global economic map will undergo substantial redesign. China will lead with a GDP of USD 38.008 trillion, followed by the United States with USD 23.475 trillion, while India will consolidate as an emerging superpower, reaching USD 19.511 trillion.
Despite the growth of these nations, the fact that Brazil and Mexico are entering the global top 10 represents a historic milestone for Latin America. Although other countries in the region will also grow, none will match the pace and strategic impact of these two nations.
This new scenario is measured not only in numbers, but also in decision-making power, market access, and capacity for influence. In an increasingly interconnected world, Brazil's and Mexico's positions could be decisive in trade conflicts, environmental agreements, and technological transformations.