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Top Ten Countries with Fastest Growing Economies

The Top Ten Fastest Growing Economies map has been prepared on the basis of the GDP growth rate of a country. All the countries marked have a growth rate of more than 9%.



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Map of Top Ten Countries with Fastest Growing Economies Paraguay Map Panama Map Mozambique Map South Sudan Map Map of Sierra Leone The Gambia Map Libya Map Iraq Map Mongolia Map Timor Leste Map
Description:Map shows top ten fastest growing economies in the world. Disclaimer






World Top 10 - Fastest Growing Economies (2015)

rankName of the CountryGross domestic product, constant prices (Percent change)
1Papua New Guinea12.3
2Ethiopia8.667
3Turkmenistan8.522
4Myanmar8.499
5Democratic Republic of the Congo8.441
6Côte d'Ivoire8.234
7Bhutan7.668
8Lao P.D.R.7.538
9India7.259
10Mozambique7
Source : Source: IMF, World Economic Outlook Database, October 2015

Map of the fastest growing economies in the world shows the world top ten countries that rank very high in terms 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. While calculating GDP (real), inflation is taken into consideration and not PPP i.e. purchasing power parity.

All the countries listed in this top ten list have a growth rate of more that 8%. South Sudan is the world's fastest growing economy with a growth rate of 32.06%. The second and third positions are taken by Libya and Sierra Leone.

Mongolia, with 14.039% growth rate in GDP (real), is on the 4th position in this list of top ten fastest growing economies of the world. Similarly, Paraguay, with 11% of growth rate, occupies the fifth position. Timor-Leste, with a growth rate of 10%, is the sixth fastest growing economy in the world followed by Iraq, Panama, The Gambia, and Mozambique.

Last Updated on: May 27, 2016

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