World's top economies in 2050!

Acordding to HSBC, a list was made predicting the future ranking for the world economies worldwide in 2050. This ranking was based on a few essential factors, country demography, education, democratic governments, laws and some external factores like wars and climatic changes. Here's the first 15:

1) China (+2)

2) U.S. (-1)

3) India (+5)

4) Japan (-2)

5) Germany (-1)

6) UK (-1)

7) Brazil (+2

)8) Mexico (+5)

9) France (-3)

10) Canada (same)

11) Italy (-4)

12) Turkey (+6)

13) S. Korea (-2)

14) Spain (-2)

15) Russia (+2)

One question remains: Where is PORTUGAL?? How can Portugal not even be on the top 15?? Is it because its uncertain if Portugal is still a country in 2050? Or maybe the government factor was so low in the equation that lowered completelly the score... x)

For more info visit: http://business.blogs.cnn.com/2012/01/12/worlds-top-economies-in-2050-will-be/?hpt=wo_t3