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List of countries by GDP (real) growth rate

 

 
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List of countries by GDP (real) growth rate
 
 
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The list of countries of the world sorted by their gross domestic product
Gross domestic product

File:GDP nominal per capita world map IMF 2008.pngThe gross domestic product or gross domestic income is one of the measures of national income and output for a given country's economy....
 (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
Purchasing power parity

The purchasing power parity theory uses the long-term equilibrium exchange rate of two currencies to equalize their purchasing power. Developed by Gustav Cassel in 1920, it is based on the law of one price: the theory states that, in ideally efficient markets, identical goods should have only one price....
 and taking into account inflation
Inflation

In economics, inflation is a rise in the general price level of goods and services in an economy over a period of time. The term "inflation" once referred to increases in the money supply ; however, economic debates about the relationship between money supply and price levels have led to its primary use today in describing price inflatio...
. It is a measure of economic development
Economic development

Economic development is the development of wealth of countries or regions for the well-being of their inhabitants. It is the process by which a nation improves the economic, political, and social well being of its people....
.

figures are from the CIA World Factbook unless otherwise specified.

The G-20 major economies are listed in bold.






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The list of countries of the world sorted by their gross domestic product
Gross domestic product

File:GDP nominal per capita world map IMF 2008.pngThe gross domestic product or gross domestic income is one of the measures of national income and output for a given country's economy....
 (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
Purchasing power parity

The purchasing power parity theory uses the long-term equilibrium exchange rate of two currencies to equalize their purchasing power. Developed by Gustav Cassel in 1920, it is based on the law of one price: the theory states that, in ideally efficient markets, identical goods should have only one price....
 and taking into account inflation
Inflation

In economics, inflation is a rise in the general price level of goods and services in an economy over a period of time. The term "inflation" once referred to increases in the money supply ; however, economic debates about the relationship between money supply and price levels have led to its primary use today in describing price inflatio...
. It is a measure of economic development
Economic development

Economic development is the development of wealth of countries or regions for the well-being of their inhabitants. It is the process by which a nation improves the economic, political, and social well being of its people....
.

List

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

The G-20 major economies are listed in bold. Data are not available for Nauru
Nauru

Nauru , officially the Republic of Nauru and formerly known as Pleasant Island, is an island nation in the Micronesian Pacific Ocean....
 and Vatican City
Vatican City

Vatican City , officially the State of the Vatican City , is a Landlocked country sovereignty city-state whose territory consists of a walled enclave within the city of Rome, the Capital of Italy....
.

Rank Country/Region GDP (real)
growth rate (%) 		Year.
- 28.5 2007
1 15.6 2008 est.
2 15.1 2008 est.
3 11.8 2008 est.
4 11.5 2008 est.
5 10.2 2004 est.
5 10.2 2008 est.
6 10.0 2008 est.
7 9.9 2008 est.
8 9.8 2008 est.
9 9.4 2008 est.
9 9.4 2008 est.
10 9.0 2008 est.
11 8.5 2008 est.
11 8.5 2008 est.
11 8.5 2008 est.
12 8.3 2008 est.
12 8.3 2008 est.
13 8.1 2008 est.
13 8.1 2008 est.
14 8.0 2008 est.
15 7.8 2008 est.
16 7.5 2008 est.
16 7.5 2008 est.
16 7.5 2008 est.
17 7.3 2008 est.
17 7.3 2008 est.
18 7.1 2008 est.
19 7.0 2008 est.
19 7.0 2008 est.
19 7.0 2008 est.
19 7.0 2008 est.
19 7.0 2005 est.
19 7.0 2008 est.
19 7.0 2008 est.
19 7.0 2008 est.
20 6.9 2008 est.
21 6.7 2008 est.
22 6.6 2008 est.
22 6.6 2008 est.
23 6.5 2008 est.
23 6.5 2008 est.
23 6.5 2008 est
24 6.4 2008 est.
24 6.4 2008 est.
25 6.3 2008 est.
25 6.3 2008 est.
25 6.3 2008 est.
26 6.2 2008 est.
26 6.2 2008 est.
26 6.2 2003 est.
26 6.2 2008 est.
26 6.2 2008 est.
27 6.0 2008 est.
27 6.0 2008 est.
27 6.0 2008 est.
27 6.0 2008 est.
27 6.0 2008 est.
27 6.0 2008 est.
27 6.0 2008 est.
27 6.0 2008 est.
27 6.0 2008 est.
28 5.9 2008 est.
28 5.9 2008 est.
28 5.9 2008 est.
29 5.8 2008 est.
29 5.8 2008 est.
30 5.7 2008 est.
30 5.7 2008 est.
31 5.6 2008 est.
32 5.5 2008 est.
32 5.5 2008 est.
32 5.5 2008 est.
32 5.5 2005 est.
32 5.5 2008 est.
33 5.4 2008 est.
33 5.4 2008 est.
34 5.3 2008 est.
34 5.3 2008 est.
34 5.3 2008 est.
34 5.3 2008 est.
34 5.3 2008 est.
35 5.2 2008 est.
35 5.2 2008 est.
35 5.2 2005
36 5.1 2008 est.
36 5.1 2002
36 5.1 2008 est.
37 5.0 2008 est.
37 5.0 2008 est.
37 5.0 2008 est.
38 4.9 2000 est.
39 4.8 2008 est.
39 4.8 2008 est.
39 4.8 2008 est.
39 4.8 2008 est.
39 4.8 2008 est.
40 4.7 2008 est.
40 4.7 2008 est.
40 4.7 2008 est.
41 4.6 2004 est.
41 4.6 2008 est.
41 4.6 2004 est.
42 4.5 2008 est.
42 4.5 2008 est.
42 4.5 2008 est.
42 4.5 2008 est.
42 4.5 2008 est.
42 4.5 2008 est.
42 4.5 2008 est.
42 4.5 2008 est.
42 4.5 2008 est.
43 4.4 2008 est.
43 4.4 2008 est.
44 4.3 2008 est.
45 4.2 2008 est.
45 4.2 2008 est.
46 4.1 2008 est.
47 4.0 2008 est.
47 4.0 2008 est.
47 4.0 2008 est.
47 4.0 2008 est.
47 4.0 2008 est.
47 4.0 2008 est.
47 4.0 2008 est.
48 3.9 2008 est.
48 3.9 2008 est.
48 3.9 2008 est.
49 3.8 2008 est.
- 3.8 2008 est.
50 3.7 2008 est.
50 3.7 2008 est.
50 3.7 2008 est.
51 3.6 2008 est.
52 3.5 2005 est.
52 3.5 2005 est.
52 3.5 2008 est.
53 3.4 2008 est.
53 3.4 2008 est.
53 3.4 2008 est.
54 3.2 2008 est.
54 3.2 2008 est.
55 3.1 2007 est.
55 3.1 2008 est.
56 3.0 2003 est.
56 3.0 2005 est.
56 3.0 2008 est.
56 3.0 2008 est.
56 3.0 2006 est.
57 2.8 2008 est.
57 2.8 2008 est.
57 2.8 2008 est.
57 2.8 2008 est.
57 2.8 2008 est.
58 2.6 2008 est.
58 2.6 2007 est.
58 2.6 2008 est.
59 2.5 2008 est.
59 2.5 2008 est.
59 2.5 2008 est.
60 2.4 2005 est.
60 2.4 2008 est.
60 2.4 2005 est.
60 2.4 2008 est.
60 2.4 2008 est.
61 2.3 2008 est.
61 2.3 2008 est.
61 2.3 2008 est.
62 2.1 2008 est.
62 2.1 2008 est.
62 2.1 2008 est.
63 2.0 2008 est.
63 2.0 2005 est.
63 2.0 2008 est.
63 2.0 2008 est.
63 2.0 2008 est.
63 2.0 2008 est.
63 2.0 2008 est.
63 2.0 2008 est.
63 2.0 2002 est.
64 1.8 2008 est.
65 1.7 2008 est.
65 1.7 2008 est.
65 1.7 2008 est.
66 1.5 2008 est.
- 1.5 2008 est.
67 1.4 2008 est.
68 1.3 2008 est.
69 1.1 2008 est.
70 1.0 2002 est.
70 1.0 2008 est.
70 1.0 2004 est.
71 0.9 2008 est.
71 0.9 2004 est.
71 0.9 2008 est.
71 0.9 2000 est.
71 0.9 2008 est.
71 0.9 2008 est.
72 0.8 2008 est.
72 0.8 2008 est.
72 0.8 2008 est.
73 0.7 2008 est.
73 0.7 2008 est.
74 0.6 2008 est.
74 0.6 2008 est.
75 0.3 2008 est.
75 0.3 2005 est.
76 0.1 2005 est.
77 0.0 2008 est.
78 -0.4 2008 est.
79 -0.7 2008 est.
80 -1.0 2002 est.
81 -1.1 2008 est.
82 -1.5 2008 est.
83 -2.0 2008 est.
84 -3.5 2008 est.
85 -6.2 2008 est.
86 -6.6 2008 est.


5 Fastest Growing On each Continent


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
11.20% 2007 est. 11 1
10.20% 2004 est. 16 2
8.50% 2007 est. 26 3
6.80% 2007 est. 56 4
6.50% 2007 est. 63 5


South America

South America has a boom and bust growth with high followed by recession growth, most notable in Brazil
Brazil

Brazil , officially the Federative Republic of Brazil , is a country in South America. It is the List of countries and outlying territories by total area country by geographical area, occupying nearly half of South America, the List of countries by population country, and the fourth most populous democracy in the world....
, however growth has been stabilizing and the whole continent is growing.

Country % Growth Date of information World Rank Continent Rank
9.00% 2007 est. 23 1
8.70% 2007 est. 25 2
8.40% 2007 est. 30 3
8.20% 2007 est. 33 4
7.40% 2007 est. 42 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
Angola

Angola, officially the Republic of Angola , is a country in south-central Africa bordering Namibia to the south, Democratic Republic of the Congo to the north, and Zambia to the east, and with a west coast along the Atlantic Ocean....
, bolstered by oil fields, is the 3rd fastest-growing economy in the world. This contrasts with Zimbabwe
Zimbabwe

Zimbabwe , is a landlocked country located in the southern part of the continent of Africa, between the Zambezi and Limpopo River rivers. It is bordered by South Africa to the south, Botswana to the southwest, Zambia to the northwest and Mozambique to the east....
, 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
16.30% 2007 est. 4 1
12.40% 2007 est. 6 2
11.10% 2007 est. 12 3
10.20% 2007 est. 17 4
9.40% 2007 est. 21 5


Europe

Europe has had one of the most stable growth rates in the world. The east especially has seen an increase in GDP after the fall of Communism. If the Caucasus were included, Europe would be one of the fastest growing continents in the world.. 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.

Country % Growth Date of information World Rank Continent Rank
11.00% 2007 est. 10 1
(if considered part of Europe: part of EU) 10.60% 2007 est. 11 2
10.40% 2007 est. 15 3
8.10% 2007 est. 26 4
8.00% 2007 est. 28 5


Eurasia


Country % Growth Date of information World Rank Continent Rank
31.00% 2007 est. 1 1
13.70% 2007 est. 5 2
12.00% 2007 est. 8 3
11.50% 2007 est. 10 4
8.50% 2007 est. 21 5


Middle East


Country % Growth Date of information World Rank Continent Rank
8.50% 2007 est. 24 1
7.20% 2007 est. 39 2
6.60% 2007 est. 54 3
5.70% 2007 est. 82 4
5.60% 2007 est. 87 5


Oceania


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


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
China

China is a Culture of China, an ancient civilization, and, depending on perspective, a national or multinational entity extending over a large area in East Asia....
 and India
India

India, officially the Republic of India , is a country in South Asia. It is the List of countries and outlying territories by total area country by geographical area, the List of countries by population country, and the most populous liberal democracy in the world....
, 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
Asia

Asia is the world's largest and most populous continent. It covers 8.6% of the Earth's total surface area and, with over 4 billion people, it contains more than 60% of the world's current human population....
.

Country % Growth Date of information World Rank Continent Rank
22.40% 2007 est. 2 1
(East Timor) 19.80% 2007 est. 3 2
11.90% 2007 est. 8 3
11.50% 2007 est. 9 4
9.00% 2007 est. 22 5


Declining

Some countries have negative growth, most often due to ongoing wars, political problems or hyperinflation
Hyperinflation

File:Bundesarchiv Bild 102-00104, Inflation, Tapezieren mit Geldscheinen.jpgIn economics, hyperinflation is inflation that is very high or "out of control", a condition in which prices increase rapidly as a currency loses its value....
. These countries include Palestinian territories
Palestinian National Authority

The Palestinian National Authority is the administrative organization established to government parts of the Palestinian territories of the West Bank and Gaza Strip....
, Zimbabwe
Zimbabwe

Zimbabwe , is a landlocked country located in the southern part of the continent of Africa, between the Zambezi and Limpopo River rivers. It is bordered by South Africa to the south, Botswana to the southwest, Zambia to the northwest and Mozambique to the east....
, Fiji
Fiji

Fiji , officially the Republic of the Fiji Islands , is an island nation in the South Pacific Ocean east of Vanuatu, west of Tonga and south of Tuvalu....
, Chad
Chad

Chad , officially known as the Republic of Chad, is a landlocked country in central Africa. It is bordered by Libya to the north, Sudan to the east, the Central African Republic to the south, Cameroon and Nigeria to the southwest, and Niger to the west....
 and Puerto Rico
Puerto Rico

Puerto Rico , officially the Commonwealth of Puerto Rico , is a Autonomy Territories of the United States of the United States located in the northeastern Caribbean, east of the Dominican Republic and west of the Virgin Islands....
.

Country % Decline Date of information World Rank Reason(s)
-6.6% 2008 est. 218 Coups, unstable government
-6.2% 2008 est. 217 Widespread human rights abuses and extreme Hyperinflation
Hyperinflation

File:Bundesarchiv Bild 102-00104, Inflation, Tapezieren mit Geldscheinen.jpgIn economics, hyperinflation is inflation that is very high or "out of control", a condition in which prices increase rapidly as a currency loses its value....
 (2,000,000 - 25,000,000%)
-3.5% 2008 est. 216 
(Territory under U.S.A) -2.0% 2008 est. 215 Problems in economy from lack of investment, shortages in cash flows and migration of skilled labour.
-1.5% 2008 est. 214 Late 2000s recession
Late 2000s recession

File:2007-2009 World Financial Crisis.svgFile:800px-The Great Asset Bubble.jpgIn 2008-2009 much of the industrialized world entered into a deep recession....
-1.1% 2008 est. 213 Human rights abuse, problems in economy, Korean War
Korean War

The Korean War refers to a period of military conflict between North Korea and South Korea regimes, with major hostilities lasting from June 25, 1950 until the armistice signed on July 27, 1953....
-1.0% 2002 est. 212 Volcanic erruption
-0.7% 2008 est. 211 Late 2000s recession
Late 2000s recession

File:2007-2009 World Financial Crisis.svgFile:800px-The Great Asset Bubble.jpgIn 2008-2009 much of the industrialized world entered into a deep recession....
-0.6% 2008 est. 210 Late 2000s recession
Late 2000s recession

File:2007-2009 World Financial Crisis.svgFile:800px-The Great Asset Bubble.jpgIn 2008-2009 much of the industrialized world entered into a deep recession....


See also

  • GDP
  • Economic growth
    Economic growth

    Economic growth is the increase in the amount of the goods and services produced by an economics over time. It is conventionally measured as the percent rate of increase in real gross domestic product, or real GDP....


Lists of countries by their GDP

  • List of countries by GDP (nominal)
    List of countries by GDP (nominal)

    This article includes a list of List of countries sorted by their gross domestic product , the market value of all final goods and services from a nation in a given year....
    , (per capita
    List of countries by GDP (nominal) per capita

    File:GDP nominal per capita world map IMF 2008.pngFile:GDP per capita.pngThis article includes three lists of countries of the world sorted by their gross domestic product per capita at nominal values, the value of all final goods and services produced within a nation in a given year, converted at market exchange rates to current U.S....
    )
  • List of countries by GDP growth
    List of countries by GDP growth

    File:GDP growth.pngThis list of GDP growth is based on the data for GDP and population obtained from the United Nations ....
  • List of countries by GDP (PPP)
    List of countries by GDP (PPP)

    There are three lists of countries of the world sorted by their gross domestic product . The GDP dollar estimates given on this page are derived from purchasing power parity calculations....
    , (per capita
    List of countries by GDP (PPP) per capita

    This article includes three lists of countries of the world sorted by their gross domestic product at purchasing power parity per capita, the value of all final goods and services produced within a nation in a given year divided by the average population for the same year....
    ), (per hour)
  • List of countries by GDP (real) growth rate per capita
  • List of countries by GDP sector composition
    List of countries by GDP sector composition

    File:2005gdpIndustrial.pngFile:2005gdpServices.pngThis is a list of countries by GDP sector composition based on nominal GDP estimates and sector composition ratios provided by the at market or government official exchange rates with figures in millions of United States dollars....
  • List of countries by future GDP estimates (PPP), (per capita), (nominal)
  • List of countries by past GDP (PPP)
    List of countries by past GDP (PPP)

    These are lists of regions and countries sorted by their estimated Real versus nominal value gross domestic product in terms of purchasing power parity , the value of all final goods and services produced within a country/region in a given year.....
    , (nominal
    List of countries by past GDP (nominal)

    This is a list of the country of the world in order of Gross domestic product , based on exchange rates, not on purchasing power parity. Values are given in Million USDs....
    )


Sources

  • [https://www.cia.gov/library/publications/the-world-factbook/rankorder/2003rank.html GDP (real) growth rate list] by the CIA
    Central Intelligence Agency

    The Central Intelligence Agency is a civilian intelligence agency of the Federal government of the United States. It is the successor of the Office of Strategic Services formed during World War II to coordinate espionage activities between the branches of the US military services....
     World Factbook
    The World Factbook

    The World Factbook is a reference resource produced by the Central Intelligence Agency of the United States with almanac-style information about the List of countries....


External links

  • From Mar 13th 2008, The Economist print edition. Sub-title "If you look at GDP per head, the world is a different—and, by and large, a better—place"