However, its status as a potential superpower has eroded since the 1990s due to an aging population and economic stagnation. Japan was formerly considered a potential superpower due to its high economic growth. ![]() Since the 1990s, China, India, the European Union and Russia were most commonly described as being potential superpowers. military, culture, economy, technology, diplomatic). However, the United States no longer dominates in every domain (i.e. ![]() A potential superpower is a state or a political and economic entity that is speculated to be-or to have the potential to soon become-a superpower.Ĭurrently, only the United States fulfills the criteria to be considered a superpower.
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