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World map showing
GDP real growth rates for 2007.
The list of countries of the world sorted by their gross domestic product (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 and taking into account inflation. It is a measure of economic development.
List
All figures are from the CIA World Factbook unless otherwise specified.
The G20 major economies are listed in bold. Data are not available for Nauru and Vatican City.
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.
South America
South America has a Boom and Bust growth with high followed by recession growth, most notable in Brazil, however growth has been stabilizing and the whole continent is growing.
| Country |
% Growth |
Date of information |
World Rank |
Continent Rank |
 Argentina |
8.70% |
2007 est. |
20 |
1 |
 Venezuela |
8.30% |
2007 est. |
25 |
2 |
 Peru |
7.50% |
2007 est. |
33 |
3 |
 Uruguay |
7.20% |
2007 est. |
40 |
4 |
 Colombia |
6.50% |
2007 est. |
53 |
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, bolstered by oil fields, is the 3rd fastest-growing economy in the world. This contrasts with Zimbabwe, 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 |
 Angola |
16.30% |
2007 est. |
4 |
1 |
 Sudan |
12.80% |
2007 est. |
6 |
2 |
 Equatorial Guinea |
12.70% |
2007 est. |
7 |
3 |
 Ethiopia |
11.4% |
2007 est. |
10 |
4 |
 Liberia |
8.50% |
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 [1]. Most countries are growing at a medium speed however many smaller countries exceed 7% and grow exceptionally faster than their neighbors. Out of the 10 fastest growing countries in the world, one is in Europe[2].
| Country |
% Growth |
Date of information |
World Rank |
Continent Rank |
 Liechtenstein |
11.00% |
2007 est. |
10 |
1 |
 Cyprus (if considered part of Europe: part of EU) |
10.60% |
2007 est. |
11 |
2 |
 Slovakia |
10.40% |
2007 est. |
15 |
3 |
 Russia |
8.10% |
2007 est. |
26 |
4 |
 Lithuania |
8.00% |
2007 est. |
28 |
5 |
Eurasia
Middle East
Oceania
The only exceptional growth in Oceania has been on Vanuatu. Out of the 10 fastest growing countries in the world, half of that number are located in Asia[3]. [4].
| Country |
% Growth |
Date of information |
World Rank |
Continent Rank |
 Vanuatu |
6.80% |
2007 est. |
52 |
1 |
 Niue |
6.50% |
2007 est. |
65 |
2 |
 Palau |
5.50% |
2007 est. |
94 |
4 |
 Samoa |
5.50% |
2007 est. |
94 |
4 |
 French Polynesia |
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 and
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