World Top 10 - Fastest Growing Economies (2015)
|rank||Name of the Country||Gross domestic product, constant prices (Percent change)|
|1||Papua New Guinea||12.3|
|5||Democratic Republic of the Congo||8.441|
Source: IMF, World Economic Outlook Database, October 2015
Map of fastest growing economies in the world, has a list of world top ten countries sorted on the basis of their gross domestic product (real) growth rate.
GDP (real) is calculated on the basis of the value of final products and goods purchased in a given year by a nation. Inflation is taken into consideration and PPP i.e. purchasing power parity is not taken into consideration while calculating GDP (real).
All the countries listed in this top ten list have the growth rate of more that 8%. South Sudan is the world's fastest growing economy with a growth rate of 32.059%. Second and third position is taken by Libya and Sierra Leone in the chart of the world top ten fastest growing economies of the world.
Mongolia with 14.039% growth rate in GDP (real) is on the 4th position in this list of fastest growing economies. Similarly Paraguay with 11% of growth rate is on fifth in the list. Timor-Leste with growth rate of 10% is the sixth fastest growing economy in the world followed by Iraq, Panama, The Gambia, Mozambique which complete the list of the top ten fastest growing economies countries.
Top 10 Fastest Growing Economies video