Which Economy Grows the Most?

GDP Growth (%), 2020
Economy | February 8, 2021
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Based on a comparison of 172 countries in 2020, Guyana ranked the highest in GDP growth with 26.2% followed by Togo and South Sudan. On the other end of the scale was Libya with -66.7%, Macao with -52.3% and Venezuela with -25.0%.

Average GDP growth reached -4.36% in 2020 in the World according to the National Statistical Office. This is 3.16 % less than in the previous year and 15.2 % more than the average we have seen in the last 10 years.

Historically, average GDP growth reached an all time high of 6.59% in 1964 and an all time low of -4.36% in 2020. The average annual growth amounted to -0.328 % since 1930.

Data for more countries are available at GDP Growth indicator page.

GDP Growth Unit 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Bangladesh % 6.06% 6.55% 7.11% 7.28% 7.86%
Benin % 6.36% 1.78% 3.34% 5.67% 6.70%
China % 7.30% 6.90% 6.85% 6.95% 6.75%
Egypt % 2.92% 4.37% 4.35% 4.08% 5.31%
Ethiopia % 10.3% 10.4% 8.00% 10.2% 7.70%
Guyana % 1.69% 0.687% 3.81% 3.73% 4.44%
Ivory Coast % 8.79% 8.84% 7.18% 7.36% 6.79%
Kosovo % ... 1.22% 4.10% 4.06% 3.74% 4.00%
Myanmar % 8.20% 7.47% 6.41% 5.75% 6.41%
Rwanda % 7.80% 8.87% 5.97% 3.99% 8.58%
South Sudan % ... ... ... ... ... ... ... ... ... 2.92% -0.173% -13.5% -5.77% -1.93%
Tanzania % 6.73% 6.16% 6.87% 6.77% 6.96%
Togo % 5.92% 5.74% 5.56% 4.36% 4.91%
Turkmenistan % 10.3% 6.45% 6.20% 6.47% 6.15%
Vietnam % 6.42% 6.99% 6.69% 6.94% 7.08%