New IMF projections put Taiwan 22nd in the world by 2030, a solid but middling spot that shows how much of global growth is shifting to Asia.

• Taiwan's economy is expected to reach about $1.2 trillion by 2030, sitting between Switzerland and Sweden.
• The top three stay the same: the US far ahead, then China, then Germany.
• India is on Germany's heels and could take third place soon; by purchasing power it is already three times Germany's size.
• Japan keeps slipping — passed by China in 2010 and Germany in 2024, and India is closing in.
• Asia and the Middle East together are set to produce more than a third of the world's output by 2030.

Outlook: The center of gravity in the world economy keeps moving toward Asia, with India the country most likely to change the rankings next.