List of countries by GDP (real) growth rate
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This article includes a list of countries of the world sorted by their gross domestic product (real) growth rate, the increase in value of all final goods and services produced within a nation in a given year -- not taking into account Purchasing power parity and taking into account the inflation. It is a measure of economic development.
All figures are from the CIA World Factbook unless otherwise specified.
Top ten economies (PPP) are listed in bold. Data not available for: Nauru and Vatican City.
Rank | Country | GDP (real) growth rate (%) |
Year. |
---|---|---|---|
1 | Azerbaijan | 31.00 | 2007 est. |
2 | Timor-Leste | 24.00 | 2007 est. |
3 | Macau | 16.60 | 2005 |
4 | Angola | 16.30 | 2007 est. |
5 | Armenia | 13.70 | 2007 est. |
6 | Sudan | 12.80 | 2007 est. |
7 | Equatorial Guinea | 12.70 | 2007 est. |
8 | Georgia | 12.00 | 2007 est. |
9 | People's Republic of China | 11.40 | 2007 est. |
10 | Liechtenstein | 11.00 | 1999 est. |
11 | Cyprus | 10.60 | 2007 est. |
12 | Latvia | 10.30 | 2007 |
13 | Anguilla | 10.20 | 2004 est. |
14 | Ethiopia | 9.80 | 2007 est. |
15 | India | 9.60 [1] | 2007 est. |
16 | Kazakhstan | 9.50 | 2007 est. |
17 | Cambodia | 9.10 | 2007 est. |
18 | Slovakia | 9.00 [2] | 2007 |
19 | Bhutan | 8.80 | 2005 est. |
20 | Argentina | 8.70 [3] | 2007 |
21 | Liberia | 8.50 | 2007 est. |
22 | Vietnam | 8.50 | 2007 est. |
23 | United Arab Emirates | 8.50 | 2007 est |
24 | Mongolia | 8.40 | 2006 est. |
25 | Venezuela | 8.30 | 2007 est. |
26 | Russia | 8.10 | 2007 est. |
27 | Uzbekistan | 8.10 | 2007 est. |
28 | Lithuania | 8.00 | 2007 est. |
29 | Panama | 7.80 | 2007 est. |
30 | Qatar | 7.80 | 2007 est. |
31 | Afghanistan | 7.50 | 2007 est. |
32 | Mozambique | 7.50 | 2007 est |
33 | Peru | 7.50 | 2007 est. |
34 | Singapore | 7.40 | 2007 est. |
35 | Estonia | 7.30 | 2007 est. |
36 | Philippines | 7.30 | 2007 est. |
37 | Dominican Republic | 7.20 | 2007 est. |
38 | Egypt | 7.20 | 2007 est. |
39 | Tajikistan | 7.20 | 2007 est. |
40 | Uruguay | 7.20 | 2007 est. |
41 | Ukraine | 7.10 [4] | 2007 |
42 | Cape Verde | 7.00 | 2007 est. |
43 | Democratic Republic of the Congo | 7.00 | 2007 est. |
44 | Gambia | 7.00 | 2007 est. |
45 | Gibraltar | 7.00 | 2007 est. |
46 | Laos | 7.00 | 2007 est. |
47 | Turkmenistan | 7.00 | 2007 est. |
48 | Belarus | 6.90 | 2007 est. |
49 | Tanzania | 6.90 | 2007 est. |
50 | Sierra Leone | 6.80 | 2007 est. |
51 | Vanuatu | 6.80 | 2005 est. |
52 | Bahrain | 6.60 | 2007 est. |
53 | Colombia | 6.50 | 2007 est. |
54 | Cuba | 6.50 [5] | 2007 |
55 | Poland | 6.50 | 2007 est. |
56 | Kyrgyzstan | 6.50 | 2007 est. |
57 | São Tomé and Príncipe | 6.50 | 2007 est. |
58 | Sri Lanka | 6.50 [6] | 2007 |
59 | Kenya | 6.30 | 2007 est. |
60 | Madagascar | 6.30 | 2007 est. |
61 | Pakistan | 6.30 | 2007 est. |
62 | Tunisia | 6.30 | 2007 est. |
63 | Niue | 6.20 | 2003 est. |
64 | Bulgaria | 6.10 | 2007 est. |
65 | Costa Rica | 6.10 | 2007 est. |
66 | Indonesia | 6.10 | 2007 est. |
67 | Nigeria | 6.10 | 2007 est. |
68 | Bangladesh | 6.00 | 2007 est. |
69 | Czech Republic | 6.00 [7] | 2007 |
70 | Honduras | 6.00 | 2007 est. |
71 | Moldova | 6.00 | 2007 est. |
72 | Montenegro | 6.00 | 2007 est. |
73 | Rwanda | 6.00 | 2007 est. |
74 | Saint Kitts and Nevis | 6.00 | 2007 est. |
75 | Uganda | 6.00 | 2007 est. |
76 | Romania | 5.90 | 2007 est. |
77 | Serbia | 5.90 | 2007 est. |
78 | Ghana | 5.80 | 2007 est. |
79 | Hong Kong | 5.80 | 2007 est. |
80 | Seychelles | 5.80 | 2007 est. |
81 | Trinidad and Tobago | 5.80 | 2007 est. |
82 | Jordan | 5.70 | 2007 est. |
83 | Malaysia | 5.70 | 2007 est. |
84 | Malawi | 5.70 | 2007 est. |
85 | Croatia | 5.60 | 2007 est. |
86 | Guatemala | 5.60 | 2007 est. |
87 | Kuwait | 5.60 | 2007 est. |
88 | Slovenia | 5.60 | 2007 est. |
89 | Bosnia and Herzegovina | 5.50 | 2007 est. |
90 | Burundi | 5.50 | 2007 est. |
91 | Maldives | 5.50 | 2007 est. |
92 | Mauritius | 5.50 | 2007 est. |
93 | Palau | 5.50 | 2005 est. |
94 | Samoa | 5.50 | 2005 est. |
95 | Brazil | 5.40 [8] | 2007 est. |
96 | Iran | 5.40 [9] | 2007 est. |
97 | Libya | 5.40 | 2007 est. |
98 | Oman | 5.30 | 2007 est. |
99 | Ireland | 5.30 | 2007 est. |
100 | Zambia | 5.30 | 2007 est. |
101 | Chile | 5.20 | 2007 est. |
102 | Isle of Man | 5.20 | 2005 |
103 | French Polynesia | 5.10 | 2002 |
104 | Israel | 5.10 | 2007 est. |
105 | Saint Lucia | 5.10 | 2005 est. |
106 | Suriname | 5.10 | 2007 est. |
107 | Turkey | 5.10 | 2007 est. |
108 | Albania | 5.00 | 2007 est. |
109 | Iraq | 5.00 | 2007 est. |
110 | Luxembourg | 5.00 | 2007 est. |
111 | South Africa | 5.00 | 2007 est. |
112 | Turks and Caicos Islands | 4.90 | 2000 est. |
113 | Lesotho | 4.80 | 2007 est. |
114 | South Korea | 4.80 | 2007 est. |
115 | Botswana | 4.70 | 2007 est. |
116 | Algeria | 4.60 | 2007 est. |
117 | Bermuda | 4.60 | 2004 est. |
118 | Macedonia | 5.10 [10] | 2007 est. |
119 | San Marino | 4.60 | 2004 est. |
120 | Senegal | 4.60 | 2007 est. |
121 | Taiwan | 4.60 | 2007 est. |
122 | Benin | 4.50 | 2007 est. |
123 | Gabon | 4.50 | 2007 est. |
124 | Guyana | 4.50 | 2007 est. |
125 | Namibia | 4.50 | 2007 est. |
126 | Niger | 4.50 | 2007 est. |
127 | Saint Vincent and the Grenadines | 4.40 | 2007 est. |
128 | Solomon Islands | 4.40 | 2005 est. |
129 | Mali | 4.30 | 2007 est. |
130 | Thailand | 4.30 | 2007 est. |
131 | Burkina Faso | 4.20 | 2007 est. |
132 | Australia | 4.00 | 2007 est. |
133 | Barbados | 4.00 | 2007 est. |
134 | Bolivia | 4.00 | 2007 est. |
135 | Central African Republic | 4.00 | 2007 est. |
136 | Paraguay | 4.00 | 2007 est. |
137 | Papua New Guinea | 4.00 | 2007 est. |
138 | Finland | 3.90 | 2007 est. |
139 | Antigua and Barbuda | 3.80 | 2007 est. |
140 | Spain | 3.80 | 2007 est. |
141 | Greece | 3.70 | 2007 est. |
142 | Guinea-Bissau | 3.70 | 2007 est. |
143 | Andorra | 3.50 | 2007 est. |
144 | Burma | 3.50 | 2007 est. |
145 | Haiti | 3.50 | 2007 est. |
146 | Marshall Islands | 3.50 | 2007 est. |
147 | Netherlands | 3.50 [11] | 2007 |
148 | Saudi Arabia | 3.50 [12] | 2007 |
149 | Syria | 3.50 | 2007 est. |
150 | El Salvador | 3.40 | 2007 est. |
151 | Malta | 3.40 | 2007 est. |
152 | Sweden | 3.40 | 2007 est. |
153 | Austria | 3.30 | 2007 est. |
154 | Cameroon | 3.20 | 2007 est. |
155 | Djibouti | 3.20 | 2005 est. |
156 | Dominica | 3.20 | 2007 est. |
157 | Yemen | 3.20 | 2007 est. |
158 | Norway | 3.10 [13] | 2007 est. |
159 | American Samoa | 3.00 | 2003 |
160 | Belize | 3.00 | 2007 est. |
161 | European Union | 3.00 | 2007 est. |
162 | Guernsey | 3.00 | 2005 est. |
163 | Mexico | 3.00 | 2007 est. |
164 | New Zealand | 3.00 | 2007 est. |
165 | Nicaragua | 2.90 | 2007 est. |
166 | United Kingdom | 2.90 | 2007 |
167 | Bahamas | 2.80 | 2007 est. |
168 | Republic of the Congo | 2.80 | 2007 est. |
169 | Belgium | 2.70 | 2007 est. |
170 | Canada | 2.70 | 2007 est. |
171 | Germany | 2.60 | 2007 est. |
172 | Somalia | 2.60 | 2007 est. |
173 | Switzerland | 2.60 | 2007 est. |
174 | Nepal | 2.50 | 2007 est. |
175 | Togo | 2.50 | 2007 est. |
176 | Aruba | 2.40 | 2005 est. |
177 | Faroe Islands | 2.40 | 2005 est.. |
178 | Tonga | 2.40 | 2005 est. |
179 | United States | 2.20 | 2007 est. |
180 | Morocco | 2.10 | 2007 est. |
181 | Eritrea | 2.00 | 2007 est. |
182 | Greenland | 2.00 | 2005 est. |
183 | United States Virgin Islands | 2.00 | 2002 est. |
184 | Italy | 1.90 | 2007 est. |
185 | Japan | 1.90 | 2007 est. |
186 | Ecuador | 1.80 | 2007 est. |
187 | France | 1.80 | 2007 est. |
188 | Iceland | 1.80 | 2007 est. |
189 | Denmark | 1.70 | 2007 est. |
190 | Hungary | 1.70 [14] | 2007 est. |
191 | Portugal | 1.70 | 2007 est. |
192 | North Korea | 1.60 | 2006 est. |
193 | Swaziland | 1.60 | 2007 est. |
194 | Guinea | 1.50 | 2007 est. |
195 | Jamaica | 1.50 | 2007 est. |
196 | Mauritania | 1.50 | 2007 est. |
197 | Côte d'Ivoire | 1.40 | 2007 est. |
198 | Tuvalu | 1.20 | 2002 est. |
199 | British Virgin Islands | 1.00 | 2002 est. |
200 | Netherlands Antilles | 1.00 | 2004 est. |
201 | Cayman Islands | 0.90 | 2004 est. |
202 | Grenada | 0.90 | 2005 est. |
203 | Monaco | 0.90 | 2000 est. |
204 | Brunei | 0.40 | 2005 est. |
205 | Federated States of Micronesia | 0.30 | 2005 est. |
206 | Kiribati | 0.30 | 2005 |
207 | Lebanon | 0.30 | 2007 est. |
208 | Cook Islands | 0.10 | 2005 est. |
209 | Comoros | -1.00 | 2007 est. |
210 | Montserrat | -1.00 | 2002 est. |
211 | Puerto Rico | -1.20 | 2007 est. |
212 | Chad | -1.30 | 2007 est. |
213 | Fiji | -3.10 | 2007 est. |
214 | Zimbabwe | -6.00 | 2007 est. |
215 | West Bank | -8.00 | 2006 est. |
216 | Gaza Strip | -8.00 | 2006 est. |
Contents |
[edit] 5 Fastest Growing On each Continent
This article or section may contain original research or unverified claims. Please improve the article by adding references. See the talk page for details. (April 2008) |
[edit] North America
North America, even though one of the slowest growing continents, has stable growth. Most of the faster growing economies are in the Caribbean.
Country | % Growth | Date of information | World Rank | Continent Rank |
---|---|---|---|---|
Anguilla | 10.20% | 2004 est. | 13 | 1 |
Panama | 7.80% | 2007 est. | 29 | 2 |
Dominican Republic | 7.20% | 2007 est. | 37 | 3 |
Honduras | 6.00% | 2007 est. | 70 | 4 |
Saint Kitts and Nevis | 6.00% | 2007 est. | 74 | 5 |
[edit] South America
South America has a Boom and Bust growth with high followed by recession growth, most notable in Brazil, however growth has been stabilizing and the whole continent is growing.
Country | % Growth | Date of information | World Rank | Continent Rank |
---|---|---|---|---|
Argentina | 8.70% | 2007 est. | 20 | 1 |
Venezuela | 8.30% | 2007 est. | 25 | 2 |
Peru | 7.50% | 2007 est. | 33 | 3 |
Uruguay | 7.20% | 2007 est. | 40 | 4 |
Colombia | 6.50% | 2007 est. | 53 | 5 |
[edit] Africa
Africa has seen the fastest growing but also the slowest growing/declining. From the oil fields which made Angola the 3nd fastest country in the world, to Zimbabwe the slowest growing and declining country in the world. Oil in Africa has create 'wealth spots' were a few countries have exceeded their neighbors in wealth. Out of the 10 fastest growing countries in the world: 3 were African. Some countries have in the past been the fastest growing in the world. Equatorial Guinea reached 75% growth in 2004 because of oil reserves.
Country | % Growth | Date of information | World Rank | Continent Rank |
---|---|---|---|---|
Angola | 16.30% | 2007 est. | 4 | 1 |
Sudan | 12.80% | 2007 est. | 6 | 2 |
Equatorial Guinea | 12.70% | 2007 est. | 7 | 3 |
Ethiopia | 9.80% | 2007 est. | 14 | 4 |
Liberia | 8.50% | 2007 est. | 21 | 5 |
[edit] Europe
Europe has one of the most stable growth. The east especially has seen an increase in GDP after the fall of Communism. If the Causacus were included, Europe would be one of the fastest growing coninents in the world. Most countries are growing at a medium speed however many smaller countries exceed 7% and grow exceptionally faster than their neighbors. Out of the 10 fastest growing countries in the world, one is in Europe.
Country | % Growth | Date of information | World Rank | Continent Rank |
---|---|---|---|---|
Liechtenstein | 11.00% | 2007 est. | 10 | 1 |
Cyprus (if considered part of Europe: part of EU) | 10.60% | 2007 est. | 11 | 2 |
Latvia | 10.30% | 2007 est. | 12 | 3 |
Russia | 8.10% | 2007 est. | 26 | 4 |
Lithuania | 8.00% | 2007 est. | 28 | 5 |
[edit] Asia and Oceania
Overall in the 20th century, Asia was seen as the area with most growth. However, in the 21st century, most of this has been dominated by China and India, with significant growth occurring in certain parts of South, South-East and especially East Asia. The only exceptional growth in Oceania has been on Vanuatu. Out of the 10 fastest growing countries in the world : Half (5) are in Asia.
Country | % Growth | Date of information | World Rank | Continent Rank |
---|---|---|---|---|
Azerbaijan | 31.00% | 2007 est. | 1 | 1 |
Timor-Leste (East Timor) | 24.00% | 2007 est. | 2 | 2 |
Armenia | 13.70% | 2007 est. | 5 | 3 |
Georgia | 12.00% | 2007 est. | 8 | 4 |
People's Republic of China | 11.40% | 2007 est. | 9 | 5 |
[edit] Declining
Some countries have negative growth, most often due to ongoing wars, political problems or hyperinflation. These countries include Palestinean territories, Zimbabwe, Fiji, Chad and Puerto Rico.
Country | % Decline | Date of information | World Rank | Reason(s) |
---|---|---|---|---|
Palestinian territories | -8.0% | 2007 est. | 215 | Palestinian Terrorism, Hamas, Iranian influence, sanctions and migration of skilled labour |
Zimbabwe | -6.0% | 2007 est. | 214 | Irresponsible leadership, land reforms and extreme hyperinflation (160,000%) |
Fiji | -3.1% | 2007 est. | 213 | Coups, unstable government |
Chad | -1.3% | 2007 est. | 212 | Ongoing conflicts in east of Chad/Darfur |
Puerto Rico (Territory under U.S.A) | -1.2% | 2007 est. | 211 | Problems in economy from lack of investment, shortages in cash flows and migration of skilled labour. |
Montserrat | -1.0% | 2002 est. | 210 | Volcanic eruption since the 1990s caused southern 2/3 of island to be uninhabitable and unsafe. |
Comoros | -1.0% | 2007 est. | 209 | Disputes with France and unstable government. |
[edit] See also
[edit] Lists of countries by their GDP
- List of countries by GDP (nominal), (per capita)
- List of countries by GDP (PPP), (per capita), (per hour)
- List of countries by GDP (real) growth rate per capita
- List of countries by GDP sector composition
- List of countries by future GDP estimates (PPP), (per capita), (nominal)
- List of countries by past GDP (PPP), (nominal)
[edit] Sources
[edit] External links
- Economics focus: Grossly distorted picture From Mar 13th 2008, The Economist print edition. Sub-title "If you look at GDP per head, the world is a different—and, by and large, a better—place"
[edit] References
- ^ India: 2006-07 GDP growth at 9.6 per cent, an 18-year high
- ^ http://www.viewswire.com/index.asp?layout=VWcountryVW3&country_id=940000294
- ^ Por el comercio, la industria y los bancos, la economía creció 8,7%
- ^ http://www.viewswire.com/index.asp?layout=VWcountryVW3&country_id=980000298
- ^ http://www.viewswire.com/index.asp?layout=VWcountryVW3&country_id=1780000178
- ^ http://www.viewswire.com/index.asp?layout=VWcountryVW3&country_id=900000290
- ^ http://www.viewswire.com/index.asp?layout=VWcountryVW3&country_id=1690000169
- ^ Quarterly National Accounts. IBGE (2007-03-12). Retrieved on 2007-03-18.
- ^ http://www.viewswire.com/index.asp?layout=VWcountryVW3&country_id=1120000312
- ^ http://www.nbrm.gov.mk/WBStorage/Files/Economis_Indicators_a_1993_20070.pdf
- ^ http://www.viewswire.com/index.asp?layout=VWcountryVW3&country_id=1400000140
- ^ http://www.viewswire.com/index.asp?layout=VWcountryVW3&country_id=470000047
- ^ http://www.viewswire.com/index.asp?layout=VWcountryVW3&country_id=1410000141
- ^ http://www.viewswire.com/index.asp?layout=VWcountryVW3&country_id=1710000171