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Countries by Real GDP Growth Rate in 2023 (Data from IMF WEO Database, April 2024) This article includes a lists of countries and dependent territories sorted by their real gross domestic product growth rate; the rate of growth of the value of all final goods and services produced within a state in a given year.
- Top 10 Countries with The Fastest GDP Growth Rate - World Bank (2021)
- Which Countries Have The Fastest GDP Growth Rate?
- Examining GDP Per Capita Growth
- Factors That Hinder GDP Growth
- Which Country Has The Largest GDP in The World?
- What Contributes to The Growth of GDP?
Note: If list were expanded to include non-sovereign territories as well as countries, China's Special Administrative Region Macau (19.3%) and the Netherlands' territory Aruba(17.2%) would rank fifth and sixth, respectively.
As a general rule, the GDPs of developing countries tend to grow more quickly than those of developed or high-income countries because their economies have more room to improve. Once these underdeveloped countriesbecome better able to access their existing resources—by improving their infrastructure or agricultural practices, for instance—their GDP...
Another way to measure GDP growth is to evaluate the GDP growth per capita. Just as examining GDP per capitacan add extra insight into country-to-country comparisons of GDP, examining GDP growth per capita can help illuminate country-to-country growth comparisons.
Large-scale events can trigger significant shifts in a country's economic production, and by extension, in economic metrics such as GDP, GDP per capita, and GNI per capita. For example, the 2020 COVID-19 pandemic caused a months-long shutdown of most international travel and trade, which had a massive negative impact on the GDPs of countries whose ...
The country with the largest GDP in the world is the United States. Many positive traits enable the US to maintain this position. The United States is a first-world country with a well-developed and innovative infrastructure, for example. It has tremendous natural resources, which enable it to lead the world in both oil production and natural gas p...
There are several factors that could play a role in the growth of GDP. 1. Access to natural resources — Natural resources are among the most important contributors to GDP growth. Countries that have access to more natural resources are more likely to grow rapidly. For example, many Middle East countries have built their economies around their massi...
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Jul 20, 2022 · Countries with positive growth rates are shaded in green; countries with negative growth rates, orange. ... three-fourths of tracker countries saw GDP shrink. By 2016, growth had turned positive ...
All Countries and Economies. Country. Most Recent Year. Most Recent Value. GDP growth (annual %) from The World Bank: Data.
GDP Growth Rate by Country. Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products.
Unemployment rate in people with vs. without disability; Use of interpolation and extrapolation on Maddison GDP per capita data; Value added growth vs. CO₂ emissions growth in China; Value added growth vs. CO₂ emissions growth in Germany; Value added growth vs. CO₂ emissions growth in the USA
Jan 17, 2024 · Jan 17, 2024. The growth of most highly developed economies has tapered off since the turn of the century due to an already high level of economic performance. Yet, two countries that are now ...
