Which Economy Grows the Most?

GDP Growth (%), 2017
Economy | February 26, 2018
Excel Sheet

Based on a comparison of 172 countries in 2022, Libya ranked the highest in GDP growth with 55.1% followed by Macao and Ethiopia. On the other end of the scale was Venezuela with -12.0%, Equatorial Guinea with -7.39% and South Sudan with -6.26%.

Average GDP growth reached 3.76% in 2022 in the World according to the National Statistical Office. This is 0.213 % less than in the previous year and 4.64 % 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 -0.131% in 2009. The average annual growth amounted to -0.235 % since 1930.

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