Will Indians be well-off than Americans by 2060?

In 2011 the current membership of the OECD made up 65 per cent of global output, compared with a combined 24 per cent for China and India. By 2060 the two Asian giants will have a 46 per cent share of world GDP, the OECD members a shrunken 42 per cent. India's economy will be a bit bigger than America's, China's a lot, according to The Economist.

Even so the Chinese and Indians will still be much less well-off than Americans, it says.

Let's take a look at GDP per person in 2011 and 2060 around the world, including India.

Canada

GDP per person (2011): 88 per cent (of United States)

GDP per person (2060): 84 per cent (of United States)

Germany

GDP per person (2011): 79 per cent (of United States)

GDP per person (2060): 79 per cent (of United States)

The United Kingdom

GDP per person (2011): 76 per cent (of United States)

GDP per person (2060): 78 per cent (of United States)

Japan

GDP per person (2011): 75 per cent (of United States)

GDP per person (2060): 79 per cent (of United States)

France

GDP per person (2011): 70 per cent (of United States)

GDP per person (2060): 64 per cent (of United States)

China

GDP per person (2011): 18 per cent (of United States)

GDP per person (2060): 39 per cent (of United States)

India

GDP per person (2011): 04 per cent (of United States)

GDP per person (2060): 28 per cent (of United States)