List of countries by GDP (real) growth rate

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World map showing GDP real growth rates for 2007.
World map showing GDP real growth rates for 2007.

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 Flag of Azerbaijan Azerbaijan 31.00 2007 est.
2 Flag of East Timor Timor-Leste 24.00 2007 est.
3 Flag of Macau Macau 16.60 2005
4 Flag of Angola Angola 16.30 2007 est.
5 Flag of Armenia Armenia 13.70 2007 est.
6 Flag of Sudan Sudan 12.80 2007 est.
7 Flag of Equatorial Guinea Equatorial Guinea 12.70 2007 est.
8 Flag of Georgia (country) Georgia 12.00 2007 est.
9 Flag of the People's Republic of China People's Republic of China 11.40 2007 est.
10 Flag of Liechtenstein Liechtenstein 11.00 1999 est.
11 Flag of Cyprus Cyprus 10.60 2007 est.
12 Flag of Latvia Latvia 10.30 2007
13 Flag of Anguilla Anguilla 10.20 2004 est.
14 Flag of Ethiopia Ethiopia 9.80 2007 est.
15 Flag of India India 9.60 [1] 2007 est.
16 Flag of Kazakhstan Kazakhstan 9.50 2007 est.
17 Flag of Cambodia Cambodia 9.10 2007 est.
18 Flag of Slovakia Slovakia 9.00 [2] 2007
19 Flag of Bhutan Bhutan 8.80 2005 est.
20 Flag of Argentina Argentina 8.70 [3] 2007
21 Flag of Liberia Liberia 8.50 2007 est.
22 Flag of Vietnam Vietnam 8.50 2007 est.
23 Flag of the United Arab Emirates United Arab Emirates 8.50 2007 est
24 Flag of Mongolia Mongolia 8.40 2006 est.
25 Flag of Venezuela Venezuela 8.30 2007 est.
26 Flag of Russia Russia 8.10 2007 est.
27 Flag of Uzbekistan Uzbekistan 8.10 2007 est.
28 Flag of Lithuania Lithuania 8.00 2007 est.
29 Flag of Panama Panama 7.80 2007 est.
30 Flag of Qatar Qatar 7.80 2007 est.
31 Flag of Afghanistan Afghanistan 7.50 2007 est.
32 Flag of Mozambique Mozambique 7.50 2007 est
33 Flag of Peru Peru 7.50 2007 est.
34 Flag of Singapore Singapore 7.40 2007 est.
35 Flag of Estonia Estonia 7.30 2007 est.
36 Flag of the Philippines Philippines 7.30 2007 est.
37 Flag of the Dominican Republic Dominican Republic 7.20 2007 est.
38 Flag of Egypt Egypt 7.20 2007 est.
39 Flag of Tajikistan Tajikistan 7.20 2007 est.
40 Flag of Uruguay Uruguay 7.20 2007 est.
41 Flag of Ukraine Ukraine 7.10 [4] 2007
42 Flag of Cape Verde Cape Verde 7.00 2007 est.
43 Flag of the Democratic Republic of the Congo Democratic Republic of the Congo 7.00 2007 est.
44 Flag of The Gambia Gambia 7.00 2007 est.
45 Flag of Gibraltar Gibraltar 7.00 2007 est.
46 Flag of Laos Laos 7.00 2007 est.
47 Flag of Turkmenistan Turkmenistan 7.00 2007 est.
48 Flag of Belarus Belarus 6.90 2007 est.
49 Flag of Tanzania Tanzania 6.90 2007 est.
50 Flag of Sierra Leone Sierra Leone 6.80 2007 est.
51 Flag of Vanuatu Vanuatu 6.80 2005 est.
52 Flag of Bahrain Bahrain 6.60 2007 est.
53 Flag of Colombia Colombia 6.50 2007 est.
54 Flag of Cuba Cuba 6.50 [5] 2007
55 Flag of Poland Poland 6.50 2007 est.
56 Flag of Kyrgyzstan Kyrgyzstan 6.50 2007 est.
57 Flag of São Tomé and Príncipe São Tomé and Príncipe 6.50 2007 est.
58 Flag of Sri Lanka Sri Lanka 6.50 [6] 2007
59 Flag of Kenya Kenya 6.30 2007 est.
60 Flag of Madagascar Madagascar 6.30 2007 est.
61 Flag of Pakistan Pakistan 6.30 2007 est.
62 Flag of Tunisia Tunisia 6.30 2007 est.
63 Flag of Niue Niue 6.20 2003 est.
64 Flag of Bulgaria Bulgaria 6.10 2007 est.
65 Flag of Costa Rica Costa Rica 6.10 2007 est.
66 Flag of Indonesia Indonesia 6.10 2007 est.
67 Flag of Nigeria Nigeria 6.10 2007 est.
68 Flag of Bangladesh Bangladesh 6.00 2007 est.
69 Flag of the Czech Republic Czech Republic 6.00 [7] 2007
70 Flag of Honduras Honduras 6.00 2007 est.
71 Flag of Moldova Moldova 6.00 2007 est.
72 Flag of Montenegro Montenegro 6.00 2007 est.
73 Flag of Rwanda Rwanda 6.00 2007 est.
74 Flag of Saint Kitts and Nevis Saint Kitts and Nevis 6.00 2007 est.
75 Flag of Uganda Uganda 6.00 2007 est.
76 Flag of Romania Romania 5.90 2007 est.
77 Flag of Serbia Serbia 5.90 2007 est.
78 Flag of Ghana Ghana 5.80 2007 est.
79 Flag of Hong Kong Hong Kong 5.80 2007 est.
80 Flag of the Seychelles Seychelles 5.80 2007 est.
81 Flag of Trinidad and Tobago Trinidad and Tobago 5.80 2007 est.
82 Flag of Jordan Jordan 5.70 2007 est.
83 Flag of Malaysia Malaysia 5.70 2007 est.
84 Flag of Malawi Malawi 5.70 2007 est.
85 Flag of Croatia Croatia 5.60 2007 est.
86 Flag of Guatemala Guatemala 5.60 2007 est.
87 Flag of Kuwait Kuwait 5.60 2007 est.
88 Flag of Slovenia Slovenia 5.60 2007 est.
89 Flag of Bosnia and Herzegovina Bosnia and Herzegovina 5.50 2007 est.
90 Flag of Burundi Burundi 5.50 2007 est.
91 Flag of the Maldives Maldives 5.50 2007 est.
92 Flag of Mauritius Mauritius 5.50 2007 est.
93 Flag of Palau Palau 5.50 2005 est.
94 Flag of Samoa Samoa 5.50 2005 est.
95 Flag of Brazil Brazil 5.40 [8] 2007 est.
96 Flag of Iran Iran 5.40 [9] 2007 est.
97 Flag of Libya Libya 5.40 2007 est.
98 Flag of Oman Oman 5.30 2007 est.
99 Flag of Ireland Ireland 5.30 2007 est.
100 Flag of Zambia Zambia 5.30 2007 est.
101 Flag of Chile Chile 5.20 2007 est.
102 Flag of the Isle of Man Isle of Man 5.20 2005
103 Flag of French Polynesia French Polynesia 5.10 2002
104 Flag of Israel Israel 5.10 2007 est.
105 Flag of Saint Lucia Saint Lucia 5.10 2005 est.
106 Flag of Suriname Suriname 5.10 2007 est.
107 Flag of Turkey Turkey 5.10 2007 est.
108 Flag of Albania Albania 5.00 2007 est.
109 Flag of Iraq Iraq 5.00 2007 est.
110 Flag of Luxembourg Luxembourg 5.00 2007 est.
111 Flag of South Africa South Africa 5.00 2007 est.
112 Flag of the Turks and Caicos Islands Turks and Caicos Islands 4.90 2000 est.
113 Flag of Lesotho Lesotho 4.80 2007 est.
114 Flag of South Korea South Korea 4.80 2007 est.
115 Flag of Botswana Botswana 4.70 2007 est.
116 Flag of Algeria Algeria 4.60 2007 est.
117 Flag of Bermuda Bermuda 4.60 2004 est.
118 Flag of the Republic of Macedonia Macedonia 5.10 [10] 2007 est.
119 Flag of San Marino San Marino 4.60 2004 est.
120 Flag of Senegal Senegal 4.60 2007 est.
121 Flag of the Republic of China Taiwan 4.60 2007 est.
122 Flag of Benin Benin 4.50 2007 est.
123 Flag of Gabon Gabon 4.50 2007 est.
124 Flag of Guyana Guyana 4.50 2007 est.
125 Flag of Namibia Namibia 4.50 2007 est.
126 Flag of Niger Niger 4.50 2007 est.
127 Flag of Saint Vincent and the Grenadines Saint Vincent and the Grenadines 4.40 2007 est.
128 Flag of the Solomon Islands Solomon Islands 4.40 2005 est.
129 Flag of Mali Mali 4.30 2007 est.
130 Flag of Thailand Thailand 4.30 2007 est.
131 Flag of Burkina Faso Burkina Faso 4.20 2007 est.
132 Flag of Australia Australia 4.00 2007 est.
133 Flag of Barbados Barbados 4.00 2007 est.
134 Flag of Bolivia Bolivia 4.00 2007 est.
135 Flag of the Central African Republic Central African Republic 4.00 2007 est.
136 Flag of Paraguay Paraguay 4.00 2007 est.
137 Flag of Papua New Guinea Papua New Guinea 4.00 2007 est.
138 Flag of Finland Finland 3.90 2007 est.
139 Flag of Antigua and Barbuda Antigua and Barbuda 3.80 2007 est.
140 Flag of Spain Spain 3.80 2007 est.
141 Flag of Greece Greece 3.70 2007 est.
142 Flag of Guinea-Bissau Guinea-Bissau 3.70 2007 est.
143 Flag of Andorra Andorra 3.50 2007 est.
144 Flag of Burma Burma 3.50 2007 est.
145 Flag of Haiti Haiti 3.50 2007 est.
146 Flag of the Marshall Islands Marshall Islands 3.50 2007 est.
147 Flag of the Netherlands Netherlands 3.50 [11] 2007
148 Flag of Saudi Arabia Saudi Arabia 3.50 [12] 2007
149 Flag of Syria Syria 3.50 2007 est.
150 Flag of El Salvador El Salvador 3.40 2007 est.
151 Flag of Malta Malta 3.40 2007 est.
152 Flag of Sweden Sweden 3.40 2007 est.
153 Flag of Austria Austria 3.30 2007 est.
154 Flag of Cameroon Cameroon 3.20 2007 est.
155 Flag of Djibouti Djibouti 3.20 2005 est.
156 Flag of Dominica Dominica 3.20 2007 est.
157 Flag of Yemen Yemen 3.20 2007 est.
158 Flag of Norway Norway 3.10 [13] 2007 est.
159 Flag of American Samoa American Samoa 3.00 2003
160 Flag of Belize Belize 3.00 2007 est.
161 Flag of Europe European Union 3.00 2007 est.
162 Flag of Guernsey Guernsey 3.00 2005 est.
163 Flag of Mexico Mexico 3.00 2007 est.
164 Flag of New Zealand New Zealand 3.00 2007 est.
165 Flag of Nicaragua Nicaragua 2.90 2007 est.
166 Flag of the United Kingdom United Kingdom 2.90 2007
167 Flag of the Bahamas Bahamas 2.80 2007 est.
168 Flag of the Republic of the Congo Republic of the Congo 2.80 2007 est.
169 Flag of Belgium Belgium 2.70 2007 est.
170 Flag of Canada Canada 2.70 2007 est.
171 Flag of Germany Germany 2.60 2007 est.
172 Flag of Somalia Somalia 2.60 2007 est.
173 Flag of Switzerland Switzerland 2.60 2007 est.
174 Flag of Nepal Nepal 2.50 2007 est.
175 Flag of Togo Togo 2.50 2007 est.
176 Flag of Aruba Aruba 2.40 2005 est.
177 Flag of the Faroe Islands Faroe Islands 2.40 2005 est..
178 Flag of Tonga Tonga 2.40 2005 est.
179 Flag of the United States United States 2.20 2007 est.
180 Flag of Morocco Morocco 2.10 2007 est.
181 Flag of Eritrea Eritrea 2.00 2007 est.
182 Flag of Greenland Greenland 2.00 2005 est.
183 Flag of the United States Virgin Islands United States Virgin Islands 2.00 2002 est.
184 Flag of Italy Italy 1.90 2007 est.
185 Flag of Japan Japan 1.90 2007 est.
186 Flag of Ecuador Ecuador 1.80 2007 est.
187 Flag of France France 1.80 2007 est.
188 Flag of Iceland Iceland 1.80 2007 est.
189 Flag of Denmark Denmark 1.70 2007 est.
190 Flag of Hungary Hungary 1.70 [14] 2007 est.
191 Flag of Portugal Portugal 1.70 2007 est.
192 Flag of North Korea North Korea 1.60 2006 est.
193 Flag of Swaziland Swaziland 1.60 2007 est.
194 Flag of Guinea Guinea 1.50 2007 est.
195 Flag of Jamaica Jamaica 1.50 2007 est.
196 Flag of Mauritania Mauritania 1.50 2007 est.
197 Flag of Côte d'Ivoire Côte d'Ivoire 1.40 2007 est.
198 Flag of Tuvalu Tuvalu 1.20 2002 est.
199 Flag of the British Virgin Islands British Virgin Islands 1.00 2002 est.
200 Flag of the Netherlands Antilles Netherlands Antilles 1.00 2004 est.
201 Flag of Cayman Islands Cayman Islands 0.90 2004 est.
202 Flag of Grenada Grenada 0.90 2005 est.
203 Flag of Monaco Monaco 0.90 2000 est.
204 Flag of Brunei Brunei 0.40 2005 est.
205 Flag of the Federated States of Micronesia Federated States of Micronesia 0.30 2005 est.
206 Flag of Kiribati Kiribati 0.30 2005
207 Flag of Lebanon Lebanon 0.30 2007 est.
208 Flag of the Cook Islands Cook Islands 0.10 2005 est.
209 Flag of the Comoros Comoros -1.00 2007 est.
210 Flag of Montserrat Montserrat -1.00 2002 est.
211 Flag of Puerto Rico Puerto Rico -1.20 2007 est.
212 Flag of Chad Chad -1.30 2007 est.
213 Flag of Fiji Fiji -3.10 2007 est.
214 Flag of Zimbabwe Zimbabwe -6.00 2007 est.
215 Palestinian flag West Bank -8.00 2006 est.
216 Palestinian flag Gaza Strip -8.00 2006 est.

Contents

[edit] 5 Fastest Growing On each Continent

[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
Flag of Anguilla Anguilla 10.20% 2004 est. 13 1
Flag of Panama Panama 7.80% 2007 est. 29 2
Flag of the Dominican Republic Dominican Republic 7.20% 2007 est. 37 3
Flag of Honduras Honduras 6.00% 2007 est. 70 4
Flag of Saint Kitts and Nevis 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
Flag of Argentina Argentina 8.70% 2007 est. 20 1
Flag of Venezuela Venezuela 8.30% 2007 est. 25 2
Flag of Peru Peru 7.50% 2007 est. 33 3
Flag of Uruguay Uruguay 7.20% 2007 est. 40 4
Flag of Colombia 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
Flag of Angola Angola 16.30% 2007 est. 4 1
Flag of Sudan Sudan 12.80% 2007 est. 6 2
Flag of Equatorial Guinea Equatorial Guinea 12.70% 2007 est. 7 3
Flag of Ethiopia Ethiopia 9.80% 2007 est. 14 4
Flag of Liberia 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
Flag of Liechtenstein Liechtenstein 11.00% 2007 est. 10 1
Flag of Cyprus Cyprus (if considered part of Europe: part of EU) 10.60% 2007 est. 11 2
Flag of Latvia Latvia 10.30% 2007 est. 12 3
Flag of Russia Russia 8.10% 2007 est. 26 4
Flag of Lithuania 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
Flag of Azerbaijan Azerbaijan 31.00% 2007 est. 1 1
Flag of East Timor Timor-Leste (East Timor) 24.00% 2007 est. 2 2
Flag of Armenia Armenia 13.70% 2007 est. 5 3
Flag of Georgia (country) Georgia 12.00% 2007 est. 8 4
Flag of the People's Republic of China 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 flag Palestinian territories -8.0% 2007 est. 215 Palestinian Terrorism, Hamas, Iranian influence, sanctions and migration of skilled labour
Flag of Zimbabwe Zimbabwe -6.0% 2007 est. 214 Irresponsible leadership, land reforms and extreme hyperinflation (160,000%)
Flag of Fiji Fiji -3.1% 2007 est. 213 Coups, unstable government
Flag of Chad Chad -1.3% 2007 est. 212 Ongoing conflicts in east of Chad/Darfur
Flag of Puerto Rico 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.
Flag of Montserrat Montserrat -1.0% 2002 est. 210 Volcanic eruption since the 1990s caused southern 2/3 of island to be uninhabitable and unsafe.
Flag of the Comoros Comoros -1.0% 2007 est. 209 Disputes with France and unstable government.

[edit] See also

[edit] Lists of countries by their GDP

[edit] Sources

[edit] External links

[edit] References

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