Let’s explore the fastest growing countries in the world. Below are the top ten fastest growing economies of the world:
Fastest Growing Economies |
||
| Country | Growth Rate | About |
| Turkmenistan | 8.0% | Driven by natural gas exports and government investment in infrastructure and social programs. |
| India | 7.7% | Driven by services, manufacturing, and agriculture, the country is home to a large and growing middle class. |
| Rwanda | 7.0% | Driven by services, agriculture, and mining. The country has also been implementing economic reforms to attract investment, including improving the business environment and investing in infrastructure. |
| Libya | 6.5% | Driven by the rebound of oil production and export, after years of instability and conflict. |
| Bhutan | 6.4% | Driven by hydropower exports, tourism, and agriculture, as well as government investment in infrastructure and public services. |
| Macao SAR | 6.0% | Driven by the gaming and tourism industries, as well as government investment in infrastructure and public services. |
| Dominica | 5.5% | Driven by tourism, agriculture, and construction, as well as foreign aid and investment. |
| Maldives | 5.0% | Driven by tourism, fishing, and construction, as well as government investment in infrastructure and public services. |
| South Sudan | 4.9% | Driven by oil production and agriculture, but also hampered by political instability and conflict. |
| Guyana | 4.5% | Driven by oil production and exports, which began in late 2019. The country also has potential for growth in agriculture and other industries. |
Related Links
- World Economy Maps
- Economic Classification of the World
- Countries with Highest GDP
- Richest Countries in the World