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===South and East Asia===
===South and East Asia===
Overall in the 20th century, [[Asia]] was seen as the area with most growth. The trend is expected to continue into the 21st century, with the majority of economic growth in the region being powered by the rapidly expanding economies of [[China]] and [[India]], coupled with significant growth occurring in certain parts of South,South-East and especially [[East Asia]]. Out of the 10 fastest growing countries in the world, half of that number are located in [[Asia]]<ref name="cia.gov"/>.
Overall in the 20th century, [[Asia]] was seen as the area with most growth. The trend is expected to continue into the 21st century, with the majority of economic growth in the region being powered by the rapidly expanding economies of [[China]] and [[India]], coupled with significant growth occurring in certain parts of South,South-East and especially [[East Asia]]. Out of the [[10 fastest growing countries in the world]], half of that number are located in [[Asia]]<ref name="cia.gov"/>.


{| class="wikitable"
{| class="wikitable"

Revision as of 12:39, 14 May 2010

World map showing the CIA estimate of GDP growth rates for 2009.

The list of countries of the world sorted by their gross domestic product (real) growth rate shows 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 inflation.

List

All figures are from the CIA World Factbook unless otherwise specified.

G-20 major economies are marked in bold.

Rank Country Rate Year
1  China 12.2 2010 est.
2  Qatar 9.5 2009 est
3  Azerbaijan 9.3 2009 est.
4  India 8.5 2010 est.
6  Congo, Republic of the 7.5 2009 est.
7  Timor-Leste 7.4 2009 est.
8  Gibraltar 7 2005 est.
9  Lebanon 7 2009 est.
10  West Bank 7 2009 est.
11  Ethiopia 6.8 2009 est.
12  Uzbekistan 6.7 2009 est.
13  Djibouti 6.5 2009 est.
14  Laos 6.4 2009 est.
15  Niue 6.2 2003 est.
16  Turkmenistan 6.1 2009 est.
17  Malawi 5.9 2009 est.
18  Bangladesh 5.7 2009 est.
19  Rwanda 5.5 2009 est.
20  Vietnam 5.3 2009 est.
21  Isle of Man 5.2 2005
22  Burkina Faso 5.2 2009 est.
23  Morocco 5.1 2009 est.
24  Senegal 5.1 2009 est.
25  Bhutan 5 2009 est.
26  Liberia 5 2009 est.
27  Turks and Caicos Islands 4.9 2000 est.
28  Ghana 4.7 2009 est.
29    Nepal 4.7 2009 est.
30  Bermuda 4.6 2004 est.
31  Egypt 4.5 2009 est.
32  Zambia 4.5 2009 est.
33  Tanzania 4.5 2009 est.
34  Indonesia 4.4 2009 est.
35  Iraq 4.3 2009 est.
36  Mozambique 4.3 2009 est.
37  San Marino 4.3 2007 est.
38  Sao Tome and Principe 4.3 2009 est.
39  Libya 4 2009 est.
40  Uganda 4 2009 est.
41  Burundi 3.8 2009 est.
42  Yemen 3.8 2009 est.
43  Sudan 3.8 2009 est.
44  Nigeria 3.8 2009 est.
45  Vanuatu 3.8 2009 est.
46  Korea, North 3.7 2008 est.
47  Zimbabwe 3.7 2009 est.
48  Sri Lanka 3.5 2009 est.
49  Guinea-Bissau 3.5 2009 est.
50  Gambia, The 3.5 2009 est.
51  Afghanistan 3.4 2009 est.
52  Tajikistan 3.4 2009 est.
53  Algeria 3.4 2009 est.
54  Benin 3.2 2009 est.
55  Niger 3.2 2009 est.
56  Cote d'Ivoire 3.2 2009 est.
57  Jordan 3.1 2009 est.
58  Liechtenstein 3.1 2007 est.
59  American Samoa 3 2003
60  Congo, Democratic Republic of the 3 2009 est.
61  Mali 3 2009 est.
62  Tuvalu 3 2006 est.
63  Guernsey 3 2005 est.
64  Bahrain 2.9 2009 est.
65  Bolivia 2.8 2009 est.
66  French Polynesia 2.7 2005
67  Pakistan 2.7 2009 est.
68  Andorra 2.6 2008 est.
69  Somalia 2.6 2009 est.
70  Oman 2.6 2009 est.
71  Iran 2.6 2009 est.
72  Eritrea 2.5 2009 est.
73  Aruba 2.4 2005 est.
74  Central African Republic 2.4 2009 est.
75  Panama 2.4 2009 est.
76  Syria 2.2 2009 est.
77  Albania 2.1 2009 est.
78  Mauritius 2.1 2009 est.
79  Sierra Leone 2 2009 est.
80  United States Virgin Islands 2 2002 est.
81  Cape Verde 1.8 2009 est.
82  Kenya 1.8 2009 est.
83  Togo 1.8 2009 est.
84  Greenland 1.5 2008 est.
85  Kiribati 1.5 2009 est.
86  Mauritania 1.5 2009 est.
87  Dominica 1.1 2009 est.
88  Poland 1.1 2009 est.
89  Burma 1 2009 est.
90  Cuba 1 2009 est.
91  Netherlands Antilles 1 2004 est.
92  Macau 1.0 2009 est.
92  Peru 1 2009 est.
93  Comoros 1 2009 est.
94  Cayman Islands 0.9 2004 est.
95  Philippines 0.9 2009 est.
96  Australia 0.8 2009 est.
97  Papua New Guinea 0.7 2009 est.
98  Namibia 0.7 2009 est.
99  Uruguay 0.6 2009 est.
100  Faroe Islands 0.5 2008 est.
101  Israel 0.5 2009 est.
102  Madagascar 0.4 2009 est.
103  Tunisia 0.3 2009 est.
104  Brazil 0.1 2009 est.
105  Cook Islands 0.1 2005 est.
106  Solomon Islands 0 2009 est.
107  Colombia -0.1 2009 est.
108  Angola -0.2 2009 est.
109  Dominican Republic -0.3 2009 est.
110  Marshall Islands -0.3 2008 est.
111  Swaziland -0.4 2009 est.
112  Guatemala -0.5 2009 est.
113  Tonga -0.5 2009 est.
114  Haiti -0.5 2009 est.
115  Saudi Arabia -0.6 2009 est.
116  British Virgin Islands -0.6 2008 est.
117  Cyprus -0.8 2009 est.
118  Samoa -0.8 2009 est.
119  Korea, South -0.8 2009 est.
120  Lesotho -0.9 2009 est.
121  Chad -1 2009 est.
122  Ecuador -1 2009 est.
123  Montserrat -1 2002 est.
124  Guinea -1 2009 est.
125  World -1 2009 est.
126  Kyrgyzstan -1 2009 est.
127  Fiji -1 2009 est.
128  Norway -1.1 2009 est.
129  Guyana -1.2 2009 est.
130  New Zealand -1.3 2009 est.
131  Belize -1.5 2009 est.
132  Cambodia -1.5 2009 est.
133  Chile -1.5 2009 est.
134  Venezuela -1.5 2009 est.
135  Macedonia -1.5 2009 est.
136  Cameroon -1.5 2009 est.
137  Mongolia -1.6 2009 est.
138  Kuwait -1.7 2009 est.
139  Equatorial Guinea -1.8 2009 est.
140  Kazakhstan -1.8 2009 est.
141   Switzerland -1.8 2009 est.
142  Brunei -1.9 2009 est.
143  South Africa -1.9 2009 est.
144  Saint Kitts and Nevis -2 2009 est.
145  France -2.1 2009 est.
146  Singapore -2.1 2009 est.
147  Malta -2.2 2009 est.
148  Suriname -2.2 2009 est.
149  El Salvador -2.3 2009 est.
150  Canada -2.4 2009 est.
151  United States -2.4 2009 est.
152  Argentina -2.5 2009 est.
153  Costa Rica -2.5 2009 est.
154  Taiwan -2.5 2009 est.
155  Saint Lucia -2.5 2009 est.
156  Greece -2.5 2009 est.
157  Trinidad and Tobago -2.7 2009 est.
158  Barbados -2.8 2009 est.
159  Malaysia -2.8 2009 est.
160  Thailand -2.8 2009 est.
161  Gabon -2.8 2009 est.
162  Bosnia and Herzegovina -2.9 2009 est.
163  Nicaragua -2.9 2009 est.
164  Serbia -3 2009 est.
165  Hong Kong -3.1 2009 est.
166  Honduras -3.1 2009 est.
167  Belarus -3.3 2009 est.
168  Portugal -3.3 2009 est.
169  Belgium -3.4 2009 est.
170  Austria -3.5 2009 est.
171  Paraguay -3.5 2009 est.
172  Spain -3.6 2009 est.
173  United Arab Emirates -4 2009 est.
174  European Union -4 2009 est.
175  Bahamas, The -4 2009 est.
176  Jamaica -4 2009 est.
177  Montenegro -4 2009 est.
178  Maldives -4 2009 est.
179  Grenada -4 2009 est.
180  Czech Republic -4.2 2009 est.
181  Denmark -4.3 2009 est.
182  Netherlands -4.3 2009 est.
183  United Kingdom -4.3 2009 est.
184  Luxembourg -4.5 2009 est.
185  Puerto Rico -4.5 2009 est.
186  Sweden -4.6 2009 est.
187  Bulgaria -4.9 2009 est.
188  Georgia -4.9 2009 est.
189  Slovakia -4.9 2009 est.
190  Germany -5 2009 est.
191  Italy -5 2009 est.
192  Croatia -5.2 2009 est.
193  Japan -5.7 2009 est.
194  Turkey -6 2009 est.
195  Slovenia -6.2 2009 est.
196  Iceland -6.3 2009 est.
197  Antigua and Barbuda -6.5 2009 est.
198  Saint Vincent and the Grenadines -6.5 2009 est.
199  Mexico -6.5 2009 est.
200  Moldova -6.6 2009 est.
201  Hungary -6.7 2009 est.
202  Romania -6.9 2009 est.
203  Ireland -7.5 2009 est.
204  Finland -7.6 2009 est.
205  Russia -7.9 2009 est.
206  Anguilla -8.5 2009 est.
207  Seychelles -8.7 2009 est.
208  Botswana -12 2009 est.
209  Estonia -13.7 2009 est.
210  Ukraine -14.1 2009 est.
211  Armenia -15 2009 est.
212  Lithuania -16.8 2009 est.
213  Latvia -17.8 2009 est.

Five fastest growing in each region

South and East Asia

Overall in the 20th century, Asia was seen as the area with most growth. The trend is expected to continue into the 21st century, with the majority of economic growth in the region being powered by the rapidly expanding economies of China and India, coupled with significant growth occurring in certain parts of South,South-East and especially East Asia. Out of the 10 fastest growing countries in the world, half of that number are located in Asia[1].

Country % Growth Date of information World Rank Continent Rank
 Bhutan 22.40% 2007 est. 2 1
 Timor-Leste (East Timor) 19.80% 2007 est. 3 2
 China 11.90% 2007 est. 8 3
 India 9.80% 2007 est. 22 5
 Vietnam 6.20% 2007 est. 55 6

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 10.2% 2004 est. 6 1
 Panama 8.3% 2008 est. 18 2
 Dominican Republic 5.3% 2008 est. 77 3
 Turks and Caicos Islands 4.9% 2008 est. 86 4
 Cuba 4.3% 2000 est. 99 5

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
 Peru 9.2% 2008 est. 14 1
 Uruguay 8.5% 2008 est. 17 2
 Argentina 6.6% 2008 est. 22 3
 Ecuador 6.5% 2008 est. 69 4
 Bolivia 6.1% 2008 est. 57 5

Africa

Africa has seen some of the fastest growing economies in the world, but also some of the slowest, including several in decline. Angola, bolstered by oil fields, is the 3rd fastest-growing economy in the world. This contrasts with Zimbabwe, which is experiencing a precipitous decline. Oil in Africa has created "wealth spots" where a few countries have exceeded their neighbors in wealth. Three of the world's ten fastest-growing economies were African, with some having been at time the fastest-growing in the world. Equatorial Guinea, for example, reached 75% growth in 2004 because of oil production.

Country % Growth Date of information World Rank Continent Rank
 Angola 13.2% 2008 est. 4 1
 Ethiopia 11.2% 2008 est. 6 2
 Rwanda 11.6% 2008 est. 7 3
 Equatorial Guinea 10.6% 2008 est. 9 4
 Niger 9.5% 2008 est. 14 5

Europe

Europe has had one of the most stable growth rates in the world. The east, in particular, has seen an increase in GDP in recent years. Most countries are growing at a medium speed; however, many smaller countries exceed 7% and grow much faster than their neighbors. Out of the 10 fastest growing countries in the world, one is in Europe.[1]

Country % Growth Date of information World Rank Continent Rank
 Belarus 9.1% 2008 est. 20 1
 Romania 8% 2008 est. 22 2
 Montenegro 7.5% 2008 est. 25 3
 Slovakia 7.3% 2008 est. 28 4
 Gibraltar 7% 2008 est. 34 5

Caucasus and Central Asia

Country % Growth Date of information World Rank Continent Rank
 Azerbaijan 15.6% 2008 est. 8 1
 Armenia 9.4% 2008 est. 12 2
 Uzbekistan 8.3% 2008 est. 19 3
 Turkmenistan 7.5% 2008 est. 26 4
 Georgia 6.7% 2008 est. 40 5

Middle East / West Asia

Country % Growth Date of information World Rank Continent Rank
 Qatar 13.4% 2008 est. 3 1
 Iraq 9.8% 2008 est. 11 2
 United Arab Emirates 8.5% 2008 est. 15 3
 Kuwait 8.1% 2008 est. 21 4
 Lebanon 8% 2008 est. 24 5

Oceania

Country % Growth Date of information World Rank Continent Rank
 Vanuatu 6.80% 2007 est. 52 1
 Niue 6.50% 2007 est. 65 2
 Palau 5.50% 2007 est. 94 4
 Samoa 5.50% 2007 est. 94 4
 French Polynesia 5.10% 2007 est. 103 5

See also

Sources

References