Which country has the highest Real GDP Growth?

Macau has the highest Real GDP Growth in 2023, at 58.9%, followed by Guyana (37.2%) and Libya (17.5%).

Which country has the lowest Real GDP Growth?

Sri Lanka has the lowest Real GDP Growth in 2023, at -3%.

What is the median Real GDP Growth across countries?

The median is 3% across the 189 countries with data in 2023.

Where does this fastest growing economies data come from?

Rankodex compiles it from World Population Review and the primary sources it cites: Real GDP growth - IMF (International Monetary Fund); List of Economies by Real GDP Growth Rate - Wiki.

Country rankings

Fastest Growing Economies

Name: Fastest Growing Economies
Creator: Rankodex

Macau has the highest Real GDP Growth in 2023 (58.9%), followed by Guyana (37.2%) and Libya (17.5%). Sri Lanka has the lowest (-3%).

Economics189 countries · 1 metricUpdated Aug 10, 2023Original page

2 sources

ShowingReal GDP GrowthBetter directionWhether a higher or a lower value is better. A green arrow means higher is better, a red arrow means lower is better, and no arrow means neither.More in the glossary →

Year 2023189 of 235 countries

Compare this metric Add to combined ranking Open full map

Real GDP Growth, 2023

Darker green is better (higher is better). Click a place to highlight it.

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Ranking

Best first: the first 15 and last 5 of 189 countries.

Distribution Median and middle halfThe median is the middle value: half of places are above it, half below. The middle half is the range holding the central 50% of places.More in the glossary →

Each dot is one country; the lines mark the median and the middle half.

Median

Middle half 1.6% – 4.5%

Average

3.5%

189 countries

Highest

58.9%

Macau

Lowest

-3%

Sri Lanka

Data

Click a column to sort, a row to highlight that place on the charts.

189 countries · # = rank by Real GDP Growth

#
1	Macau	58.9%
2	Guyana	37.2%
3	Libya	17.5%
4	Palau	8.7%
5	Senegal	8.3%
6	Maldives	7.2%
7	Fiji	7%
8	DR Congo	6.3%
9	Ivory Coast	6.2%
9	Rwanda	6.2%
11	Ethiopia	6.1%
11	Niger	6.1%
13	Philippines	6%
13	Benin	6%
13	Saint Vincent and the Grenadines	6%
16	India	5.9%
17	Vietnam	5.8%
17	Cambodia	5.8%
19	Uganda	5.7%
20	Guinea	5.6%
20	South Sudan	5.6%
20	Ireland	5.6%
20	Gambia	5.6%
24	Bangladesh	5.5%
24	Togo	5.5%
24	Armenia	5.5%
24	Antigua and Barbuda	5.5%
28	Kenya	5.3%
28	Uzbekistan	5.3%
30	China	5.2%
30	Tanzania	5.2%
32	Indonesia	5%
32	Mozambique	5%
32	Venezuela	5%
32	Mali	5%
32	Tajikistan	5%
32	Panama	5%
32	Samoa	5%
39	Burkina Faso	4.9%
39	Barbados	4.9%
39	Dominica	4.9%
42	Bhutan	4.7%
43	Mauritius	4.6%
44	Malaysia	4.5%
44	Paraguay	4.5%
44	Mongolia	4.5%
44	Guinea-Bissau	4.5%
44	Saint Kitts and Nevis	4.5%
49	Nepal	4.4%
49	Mauritania	4.4%
51	Cameroon	4.3%
51	Kazakhstan	4.3%
51	Liberia	4.3%
51	Bahamas	4.3%
51	Tuvalu	4.3%
56	Madagascar	4.2%
56	Dominican Republic	4.2%
58	Republic of the Congo	4.1%
59	Zambia	4%
59	Laos	4%
59	Georgia	4%
59	Djibouti	4%
63	Seychelles	3.9%
64	Egypt	3.7%
64	Iraq	3.7%
64	Honduras	3.7%
64	Papua New Guinea	3.7%
64	Botswana	3.7%
64	Grenada	3.7%
70	Angola	3.5%
70	Chad	3.5%
70	United Arab Emirates	3.5%
70	Kyrgyzstan	3.5%
70	Hong Kong	3.5%
70	Palestine	3.5%
70	Malta	3.5%
70	Vanuatu	3.5%
78	Thailand	3.4%
78	Guatemala	3.4%
80	Burundi	3.3%
80	Brunei	3.3%
82	Nigeria	3.2%
82	Trinidad and Tobago	3.2%
82	Montenegro	3.2%
85	Saudi Arabia	3.1%
85	Sierra Leone	3.1%
87	Morocco	3%
87	Azerbaijan	3%
87	Nicaragua	3%
87	Gabon	3%
87	Bahrain	3%
87	Comoros	3%
87	Belize	3%
87	Saint Lucia	3%
87	Marshall Islands	3%
96	Ecuador	2.9%
96	Israel	2.9%
98	Somalia	2.8%
98	Eritrea	2.8%
98	Namibia	2.8%
98	Eswatini	2.8%
98	Micronesia	2.8%
103	Turkey	2.7%
103	Jordan	2.7%
103	Costa Rica	2.7%
106	Myanmar	2.6%
106	Algeria	2.6%
106	Greece	2.6%
109	Zimbabwe	2.5%
109	Central African Republic	2.5%
109	Cyprus	2.5%
109	Solomon Islands	2.5%
109	Kiribati	2.5%
109	Tonga	2.5%
115	Peru	2.4%
115	Malawi	2.4%
115	Romania	2.4%
115	El Salvador	2.4%
115	Qatar	2.4%
120	Turkmenistan	2.3%
120	Suriname	2.3%
120	Iceland	2.3%
123	Jamaica	2.2%
123	Albania	2.2%
123	Lesotho	2.2%
123	Timor-Leste	2.2%
127	Taiwan	2.1%
127	Norway	2.1%
129	Iran	2%
129	Serbia	2%
129	Uruguay	2%
129	Bosnia and Herzegovina	2%
129	Moldova	2%
129	Sao Tome and Principe	2%
135	Mexico	1.8%
135	Bolivia	1.8%
137	Oman	1.7%
137	Croatia	1.7%
139	United States	1.6%
139	Ghana	1.6%
139	Australia	1.6%
139	Slovenia	1.6%
139	Aruba	1.6%
144	South Korea	1.5%
144	Spain	1.5%
144	Canada	1.5%
144	Singapore	1.5%
148	Bulgaria	1.4%
148	North Macedonia	1.4%
150	Japan	1.3%
150	Tunisia	1.3%
150	Slovakia	1.3%
150	Andorra	1.3%
154	Sudan	1.2%
154	San Marino	1.2%
156	New Zealand	1.1%
156	Luxembourg	1.1%
158	Colombia	1%
158	Netherlands	1%
158	Portugal	1%
158	Nauru	1%
162	Brazil	0.9%
162	Kuwait	0.9%
164	Switzerland	0.8%
165	Russia	0.7%
165	France	0.7%
165	Italy	0.7%
165	Belgium	0.7%
165	Belarus	0.7%
170	Pakistan	0.5%
170	Hungary	0.5%
172	Austria	0.4%
172	Puerto Rico	0.4%
172	Latvia	0.4%
175	Poland	0.3%
175	Haiti	0.3%
177	Argentina	0.2%
178	South Africa	0.1%
179	Germany	-0.1%
180	United Kingdom	-0.3%
180	Lithuania	-0.3%
182	Yemen	-0.5%
182	Sweden	-0.5%
182	Czechia	-0.5%
185	Chile	-1%
186	Estonia	-1.2%
187	Equatorial Guinea	-1.8%
188	Ukraine	-3%
188	Sri Lanka	-3%

What correlates with Real GDP Growth (2023)?

Pearson r against 1,409 other country metrics sharing at least 114 countries. Ranks are read by standing: a better rank counts as higher, whether rank 1 is the best place on a list or the worst. Correlation is not causation.

Higher together

Places that have a higher Real GDP Growth tend to score higher on these (or rank better)

Real Pct Change ProjectedGovernment Size by Country
r = +0.90 · very strong · n = 178
Plot
GDP Growth WBGDP Growth by Country
r = +0.88 · very strong · n = 178
Plot
Population Density (per km²)
r = +0.68 · strong · n = 189
Plot
RichAds 2024Tier 1 Countries
r = +0.53 · strong · n = 133
Plot
% of Pop. Living on Less Than $10 USD/DayPoverty Rate by Country
r = +0.48 · moderate · n = 155
Plot
GDP Growth IMFGDP Growth by Country
r = +0.46 · moderate · n = 186
Plot

Opposite directions

Places that have a higher Real GDP Growth tend to score lower on these (or rank worse)

Energy Trilemma Index RankEnergy Trilemma Energy Performance IndexA rank: rank 1 is the best
r = −0.62 · strong · n = 123
Plot
Energy Trilemma ScoreEnergy Trilemma Energy Performance Index
r = −0.62 · strong · n = 123
Plot
ICI ScoreAverage IQ by Country
r = −0.57 · strong · n = 124
Plot
Total 15-24Banked Population by Country
r = −0.56 · strong · n = 117
Plot
Global Innovation Index Human Capitol and Research RankMost Innovative CountriesA rank: rank 1 is the best
r = −0.54 · strong · n = 128
Plot
Energy Equity ScoreEnergy Trilemma Energy Performance Index
r = −0.54 · strong · n = 123
Plot

Quick answers

Which country has the highest Real GDP Growth?: Macau has the highest Real GDP Growth in 2023, at 58.9%, followed by Guyana (37.2%) and Libya (17.5%).
Which country has the lowest Real GDP Growth?: Sri Lanka has the lowest Real GDP Growth in 2023, at -3%.
What is the median Real GDP Growth across countries?: The median is 3% across the 189 countries with data in 2023.
Where does this fastest growing economies data come from?: Rankodex compiles it from World Population Review and the primary sources it cites: Real GDP growth - IMF (International Monetary Fund); List of Economies by Real GDP Growth Rate - Wiki.

Higher together

Opposite directions

Quick answers

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