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The world's fastest-shrinking and fastest-growing economies

The world's economic winners and losers
The world's fastest-shrinking economies
12. New Zealand, real GDP growth: 0%
=9. Germany, real GDP growth: -0.2%
=9. Finland, real GDP growth: -0.2%
=9. Ireland, real GDP growth: -0.2%
8. Austria, real GDP growth: -0.6%
7. Estonia, real GDP growth: -0.9%
6. Yemen, real GDP growth: -1%
5. Kuwait, real GDP growth: -2.7%
4. Argentina, real GDP growth: -3.5%
3. Haiti, real GDP growth: -4%
2. Sudan, real GDP growth: -20.3%
1. South Sudan, real GDP growth: -26.4%
The world's fastest growing economies
=17. Armenia, real GDP growth: 6%
=17. Senegal, real GDP growth: 6%
=14. Ethiopia, real GDP growth: 6.1%
=14. Mauritius, real GDP growth: 6.1%
=14. Vietnam, real GDP growth: 6.1%
=9. Benin, real GDP growth: 6.5%
=9. Côte d'Ivoire, real GDP growth: 6.5%
=9. Djibouti, real GDP growth: 6.5%
=9. Kyrgyzstan, real GDP growth: 6.5%
=9. India, real GDP growth: 6.5%
8. Tajikistan, real GDP growth: 6.8%
7. Rwanda, real GDP growth: 7%
6. Georgia, real GDP growth: 7.6%
5. Palau, real GDP growth: 8.1%
4. Samoa, real GDP growth: 9.7%
3. Niger, real GDP growth: 9.9%
2. Macao, real GDP growth: 10.6%
1. Guyana, real GDP growth: 43.8%
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f11photo/Shutterstock

The world's economic winners and losers

According to the latest projections from the International Monetary Fund (IMF), global growth remains steady yet lacklustre compared to the pre-pandemic average. But while some nations and territories are keeping pace with this worldwide trend, others are floundering. Meanwhile, the most dynamic countries are recording staggering levels of growth, with one very lucky economy expected to mushroom by almost 44%.

Curious to see who's winning and who's losing? Read on as we reveal the fastest-growing and fastest-shrinking economies in the world based on the latest IMF data.

All dollar amounts in US dollars.

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Daniel Coughlin

28 January 2025

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