The gross domestic product (GDP) of a country can be defined as the value of the total final output of all goods and services produced in a single year within a country's boundaries. The growth is expressed as a percent.
Author:
Valentina Pasquali
Project Coordinator:
S.J. Yun
According to the IMF, in the decade between 2006 and 2015, the economies of Qatar, Turkmenistan, Ethiopia, Azerbaijan and China dominated the top-20 of countries by average GDP growth.
Overall, it is Developing Asia and Africa that comprise the lion’s share of the IMF list, with Panama, coming in at position 9, the highest-ranked country from the rest of the world beside Qatar.
Nevertheless, growth there is no longer what it once was. “Output growth has slowed in several emerging markets since 2011—a remarkable feature for a non-crisis period in EMs. Such synchronized slowdowns were largely unanticipated by scholars and forecasters alike,” says a report by the IMF published in September of 2014.
The CNN Debate on the Global Economy (2014 IMF meetings in Washington D.C.)
IMF data shows that Qatar, which had strong, sustained, double-digit growth from 2006 all the way through 2011, slowed down to between 6% and 6.5% in 2012, 2013 and 2014, though it is expected to pick up pace in 2015, with growth above 7%. With the exception of the 2009 and 2010, when it dipped to around 9%, growth in Turkmenistan has remained steadily above 10% and is predicted to stay strong next year, at 11.5%. After rapidly expanding between 2006 and 20011, the economy in Ethiopia has settled on still very high levels of between 8% and 9%. In 2015, it should grow another 8.5%. Azerbaijan, which had the second-highest GDP growth throughout the 2000s, almost came to a halt in 2011 -- barely expanding at all at a 0.1% pace -- and has been struggling since, with a projected 4.3% in 2015.
The economies of China and India, which many hoped would be the engine of global growth for decades to come, also slowed down in the last few years. After expanding, on average, more than 10% a year for a decade, China’s economy has been growing a rate of less than 8% since 2012. It is projected to stay on a similar course in 2015, with growth in the range of 7%, considered by many economists the absolute minimum the country needs to remain sustainable. Even more worryingly, India’s growth, which reached a high of 10.3% in 2010, dropped to 4.7% in 2012 and is estimated to expand only 5.6% this year, though things appear to be looking up for 2015, with growth expected at around 6.4%.
GDP Growth By Country
Sorted By Average % GDP Growth
Country |
2006 |
2007 |
2008 |
2009 |
2010 |
2011 |
2012 |
2013 |
2014 |
2015 |
Avg. %
|
|---|---|---|---|---|---|---|---|---|---|---|---|
| Qatar | 26.2 | 18.0 | 17.7 | 12.0 | 16.7 | 13.0 | 6.1 | 6.5 | 6.5 | 7.7 | 13.0 |
| Turkmenistan | 11.0 | 11.1 | 14.7 | 6.1 | 9.2 | 14.7 | 11.1 | 10.2 | 10.1 | 11.5 | 11.0 |
| Ethiopia | 11.5 | 11.8 | 11.2 | 10.0 | 10.6 | 11.4 | 8.8 | 9.7 | 8.2 | 8.5 | 10.2 |
| Azerbaijan | 34.5 | 25.0 | 10.8 | 9.3 | 5.0 | 0.1 | 2.2 | 5.8 | 4.5 | 4.3 | 10.1 |
| China | 12.7 | 14.2 | 9.6 | 9.2 | 10.4 | 9.3 | 7.7 | 7.7 | 7.4 | 7.1 | 9.5 |
| Mongolia | 8.6 | 10.2 | 8.9 | -1.3 | 6.4 | 17.5 | 12.4 | 11.7 | 9.1 | 8.4 | 9.2 |
| Angola | 20.7 | 22.6 | 13.8 | 2.4 | 3.4 | 3.9 | 5.2 | 6.8 | 3.9 | 5.9 | 8.9 |
| Sierra Leone | 4.2 | 8.0 | 5.2 | 3.2 | 5.3 | 6.0 | 15.2 | 20.1 | 8.0 | 9.9 | 8.5 |
| Panama | 8.5 | 12.1 | 10.1 | 3.9 | 7.5 | 10.9 | 10.8 | 8.4 | 6.6 | 6.4 | 8.5 |
| Timor-Leste | -5.7 | 11.4 | 14.2 | 13.0 | 9.4 | 14.7 | 7.8 | 5.4 | 6.6 | 6.8 | 8.4 |
| Afghanistan | 5.4 | 13.3 | 3.9 | 20.6 | 8.4 | 6.5 | 14.0 | 3.6 | 3.2 | 4.5 | 8.3 |
| Bhutan | 7.0 | 12.6 | 10.8 | 5.7 | 9.3 | 10.1 | 6.5 | 5.0 | 6.4 | 7.6 | 8.1 |
| Uzbekistan | 7.5 | 9.5 | 9.0 | 8.1 | 8.5 | 8.3 | 8.2 | 8.0 | 7.0 | 6.5 | 8.1 |
| Papua New Guinea | 2.3 | 7.2 | 6.6 | 6.1 | 7.7 | 10.7 | 8.1 | 5.5 | 5.8 | 19.6 | 8.0 |
| Lao P.D.R. | 8.6 | 7.8 | 7.8 | 7.5 | 8.1 | 8.0 | 7.9 | 8.0 | 7.4 | 7.2 | 7.8 |
| Myanmar | 13.1 | 12.0 | 3.6 | 5.1 | 5.3 | 5.9 | 7.3 | 8.3 | 8.5 | 8.5 | 7.8 |
| Zambia | 7.9 | 8.4 | 7.8 | 9.2 | 10.3 | 6.4 | 6.8 | 6.7 | 6.5 | 7.2 | 7.7 |
| Nigeria | 8.8 | 9.6 | 8.6 | 9.6 | 10.6 | 4.9 | 4.3 | 5.4 | 7.0 | 7.3 | 7.6 |
| Mozambique | 8.7 | 7.3 | 6.8 | 6.3 | 7.1 | 7.3 | 7.2 | 7.1 | 8.3 | 8.2 | 7.4 |
| Rwanda | 9.2 | 7.6 | 11.2 | 6.2 | 6.3 | 7.5 | 8.8 | 4.7 | 6.0 | 6.7 | 7.4 |
| Ghana | 6.1 | 6.5 | 8.4 | 4.0 | 8.0 | 15.0 | 8.8 | 7.1 | 4.5 | 4.7 | 7.3 |
| Maldives | 19.6 | 10.2 | 10.9 | 4.5 | 7.1 | 6.5 | 0.9 | 3.7 | 4.5 | 4.3 | 7.2 |
| Cambodia | 10.8 | 10.2 | 6.7 | 0.1 | 6.1 | 7.1 | 7.3 | 7.4 | 7.2 | 7.3 | 7.0 |
| India | 9.3 | 9.8 | 3.9 | 8.5 | 10.3 | 6.6 | 4.7 | 5.0 | 5.6 | 6.4 | 7.0 |
| Liberia | 8.2 | 12.7 | 6.0 | 5.1 | 6.1 | 7.5 | 8.3 | 8.7 | 2.5 | 4.5 | 6.9 |
| Tanzania | 6.7 | 7.1 | 7.4 | 6.0 | 7.0 | 6.4 | 6.9 | 7.0 | 7.2 | 7.0 | 6.9 |
| Democratic Republic of the Congo | 5.3 | 6.3 | 6.2 | 2.9 | 7.1 | 6.9 | 7.2 | 8.5 | 8.6 | 8.5 | 6.7 |
| Tajikistan | 7.0 | 7.8 | 7.9 | 3.9 | 6.5 | 7.4 | 7.5 | 7.4 | 6.0 | 6.0 | 6.7 |
| Sri Lanka | 7.7 | 6.8 | 6.0 | 3.5 | 8.0 | 8.2 | 6.3 | 7.3 | 7.0 | 6.5 | 6.7 |
| Uganda | 7.0 | 8.1 | 10.4 | 4.1 | 6.2 | 6.2 | 2.8 | 5.8 | 5.9 | 6.3 | 6.3 |
| Bangladesh | 6.5 | 6.3 | 6.0 | 5.7 | 6.0 | 6.5 | 6.3 | 6.1 | 6.2 | 6.4 | 6.2 |
| Burkina Faso | 6.3 | 4.1 | 5.8 | 3.0 | 8.4 | 5.0 | 9.0 | 6.6 | 6.7 | 6.8 | 6.2 |
| Peru | 7.5 | 8.5 | 9.1 | 1.0 | 8.5 | 6.5 | 6.0 | 5.8 | 3.6 | 5.1 | 6.2 |
| Vietnam | 7.0 | 7.1 | 5.7 | 5.4 | 6.4 | 6.2 | 5.2 | 5.4 | 5.5 | 5.6 | 6.0 |
| Kazakhstan | 10.7 | 8.9 | 3.3 | 1.2 | 7.3 | 7.5 | 5.0 | 6.0 | 4.6 | 4.7 | 5.9 |
| Malawi | 2.1 | 9.5 | 8.3 | 9.0 | 6.5 | 4.3 | 1.9 | 5.2 | 5.7 | 6.0 | 5.9 |
| Indonesia | 5.5 | 6.3 | 6.0 | 4.6 | 6.2 | 6.5 | 6.3 | 5.8 | 5.2 | 5.5 | 5.8 |
| Saudi Arabia | 5.6 | 6.0 | 8.4 | 1.8 | 7.4 | 8.6 | 5.8 | 4.0 | 4.6 | 4.5 | 5.7 |
| S„o TomÈ and PrÌncipe | 12.6 | 2.0 | 9.1 | 4.0 | 4.5 | 4.9 | 4.0 | 4.0 | 5.0 | 5.5 | 5.6 |
| Philippines | 5.2 | 6.6 | 4.2 | 1.1 | 7.6 | 3.7 | 6.8 | 7.2 | 6.2 | 6.3 | 5.5 |
| Niger | 5.8 | 3.2 | 9.7 | -0.7 | 8.4 | 2.3 | 11.1 | 4.1 | 6.3 | 4.9 | 5.5 |
| Chad | 0.6 | 3.3 | 3.1 | 4.2 | 13.6 | 0.1 | 8.9 | 3.9 | 9.6 | 6.7 | 5.4 |
| Georgia | 9.4 | 12.3 | 2.3 | -3.8 | 6.3 | 7.2 | 6.2 | 3.2 | 5.0 | 5.0 | 5.3 |
| Iraq | 10.2 | 1.4 | 6.6 | 5.8 | 5.5 | 10.2 | 10.3 | 4.2 | -2.7 | 1.5 | 5.3 |
| Singapore | 8.9 | 9.1 | 1.8 | -0.6 | 15.2 | 6.1 | 2.5 | 3.9 | 3.0 | 3.0 | 5.3 |
| Kenya | 5.6 | 8.0 | -0.4 | 2.6 | 8.6 | 7.6 | 4.6 | 4.6 | 5.3 | 6.2 | 5.3 |
| Dominican Republic | 10.7 | 8.5 | 3.1 | 0.9 | 8.3 | 2.9 | 2.7 | 4.6 | 5.3 | 4.2 | 5.1 |
| Paraguay | 4.8 | 5.4 | 6.4 | -4.0 | 13.1 | 4.3 | -1.2 | 13.6 | 4.0 | 4.5 | 5.1 |
| Republic of Congo | 6.2 | -1.6 | 5.6 | 7.5 | 8.7 | 3.4 | 3.8 | 3.3 | 6.0 | 7.5 | 5.0 |
| Oman | 5.4 | 4.5 | 8.2 | 6.1 | 4.8 | 4.1 | 5.8 | 4.8 | 3.4 | 3.4 | 5.0 |
| Bolivia | 4.8 | 4.6 | 6.1 | 3.4 | 4.1 | 5.2 | 5.2 | 6.8 | 5.2 | 5.0 | 5.0 |
| Mauritania | 11.4 | 1.0 | 3.5 | -1.2 | 4.3 | 4.0 | 7.0 | 6.7 | 6.8 | 6.8 | 5.0 |
| Uruguay | 4.1 | 6.5 | 7.2 | 2.4 | 8.4 | 7.3 | 3.7 | 4.4 | 2.8 | 2.8 | 5.0 |
| Djibouti | 4.8 | 5.1 | 5.8 | 5.0 | 3.5 | 4.5 | 4.8 | 5.0 | 5.5 | 5.5 | 5.0 |
| Malaysia | 5.6 | 6.3 | 4.8 | -1.5 | 7.4 | 5.2 | 5.6 | 4.7 | 5.9 | 5.2 | 4.9 |
| Syria | 5.0 | 5.7 | 4.5 | 5.9 | 3.4 | n/a | n/a | n/a | n/a | n/a | 4.9 |
| Lesotho | 4.1 | 4.9 | 5.1 | 4.5 | 5.6 | 4.3 | 6.0 | 5.7 | 4.3 | 4.7 | 4.9 |
| Lebanon | 1.6 | 9.4 | 9.1 | 10.3 | 8.0 | 2.0 | 2.5 | 1.5 | 1.8 | 2.5 | 4.9 |
| Belarus | 10.0 | 8.7 | 10.3 | 0.1 | 7.7 | 5.5 | 1.7 | 0.9 | 0.9 | 1.5 | 4.7 |
| Colombia | 6.7 | 6.9 | 3.5 | 1.7 | 4.0 | 6.6 | 4.0 | 4.7 | 4.8 | 4.5 | 4.7 |
| Jordan | 8.1 | 8.2 | 7.2 | 5.5 | 2.3 | 2.6 | 2.7 | 2.9 | 3.5 | 4.0 | 4.7 |
| Kyrgyz Republic | 3.1 | 8.5 | 7.6 | 2.9 | -0.5 | 6.0 | -0.9 | 10.5 | 4.1 | 4.9 | 4.6 |
| Botswana | 8.0 | 8.7 | 3.9 | -7.8 | 8.6 | 6.2 | 4.3 | 5.9 | 4.4 | 4.2 | 4.6 |
| Bahrain | 6.5 | 8.3 | 6.2 | 2.5 | 4.3 | 2.1 | 3.4 | 5.3 | 3.9 | 2.9 | 4.5 |
| The Gambia | 1.1 | 3.6 | 5.7 | 6.5 | 6.5 | -4.3 | 5.3 | 6.3 | 7.4 | 7.0 | 4.5 |
| Burundi | 5.4 | 3.4 | 4.9 | 3.8 | 5.1 | 4.2 | 4.0 | 4.5 | 4.7 | 4.8 | 4.5 |
| Namibia | 7.1 | 5.4 | 3.4 | -1.1 | 6.3 | 5.7 | 5.0 | 4.3 | 4.3 | 4.5 | 4.5 |
| Nepal | 3.4 | 3.4 | 6.1 | 4.5 | 4.8 | 3.4 | 4.8 | 3.9 | 5.5 | 5.0 | 4.5 |
| Morocco | 7.8 | 2.7 | 5.6 | 4.8 | 3.6 | 5.0 | 2.7 | 4.4 | 3.5 | 4.7 | 4.5 |
| Guyana | 5.1 | 7.0 | 2.0 | 3.3 | 4.4 | 5.4 | 4.8 | 5.2 | 3.3 | 3.8 | 4.4 |
| Seychelles | 9.4 | 10.4 | -2.1 | -1.1 | 5.9 | 7.9 | 2.8 | 3.5 | 3.7 | 3.8 | 4.4 |
| Armenia | 13.2 | 13.7 | 6.9 | -14.2 | 2.2 | 4.7 | 7.1 | 3.5 | 3.2 | 3.5 | 4.4 |
| Libya | 6.5 | 6.4 | 2.7 | -0.8 | 5.0 | -62.1 | 104.5 | -13.6 | -19.8 | 15.0 | 4.4 |
| Costa Rica | 8.8 | 7.9 | 2.7 | -1.0 | 5.0 | 4.5 | 5.1 | 3.5 | 3.6 | 3.6 | 4.4 |
| Benin | 3.8 | 4.6 | 5.0 | 2.7 | 2.6 | 3.3 | 5.4 | 5.6 | 5.5 | 5.2 | 4.4 |
| Suriname | 5.8 | 5.1 | 4.1 | 3.0 | 4.2 | 5.3 | 4.8 | 4.1 | 3.3 | 3.8 | 4.3 |
| Togo | 4.1 | 2.3 | 2.4 | 3.5 | 4.1 | 4.8 | 5.9 | 5.1 | 5.6 | 5.7 | 4.3 |
| Egypt | 6.8 | 7.1 | 7.2 | 4.7 | 5.1 | 1.8 | 2.2 | 2.1 | 2.2 | 3.5 | 4.3 |
| CÙte d'Ivoire | 1.5 | 1.8 | 2.5 | 3.3 | 2.0 | -4.4 | 10.7 | 8.7 | 8.5 | 7.9 | 4.2 |
| Ecuador | 4.4 | 2.2 | 6.4 | 0.6 | 3.5 | 7.8 | 5.1 | 4.5 | 4.0 | 4.0 | 4.2 |
| Solomon Islands | 4.0 | 6.4 | 7.1 | -4.7 | 7.8 | 10.7 | 3.8 | 3.0 | 0.1 | 3.5 | 4.2 |
| Mauritius | 4.5 | 5.9 | 5.5 | 3.0 | 4.1 | 3.9 | 3.2 | 3.2 | 3.3 | 3.9 | 4.1 |
| Mali | 5.3 | 4.3 | 5.0 | 4.5 | 5.8 | 2.7 | 0.0 | 1.7 | 5.9 | 4.8 | 4.0 |
| Kosovo | 3.4 | 8.3 | 4.5 | 3.6 | 3.3 | 4.4 | 2.8 | 3.4 | 2.7 | 3.3 | 4.0 |
| Chile | 5.8 | 5.2 | 3.2 | -1.0 | 5.7 | 5.8 | 5.5 | 4.2 | 2.0 | 3.3 | 4.0 |
| Cameroon | 3.2 | 3.3 | 2.9 | 1.9 | 3.3 | 4.1 | 4.6 | 5.5 | 5.1 | 5.2 | 3.9 |
| Israel | 5.8 | 6.3 | 3.5 | 1.9 | 5.8 | 4.2 | 3.0 | 3.2 | 2.5 | 2.8 | 3.9 |
| Pakistan | 5.8 | 5.5 | 5.0 | 0.4 | 2.6 | 3.6 | 3.8 | 3.7 | 4.1 | 4.3 | 3.9 |
| Gabon | -1.9 | 6.3 | 1.7 | -2.3 | 6.3 | 6.9 | 5.5 | 5.6 | 5.1 | 5.4 | 3.9 |
| Poland | 6.2 | 6.8 | 5.1 | 1.6 | 3.9 | 4.5 | 2.0 | 1.6 | 3.2 | 3.3 | 3.8 |
| Argentina | 8.4 | 8.0 | 3.1 | 0.1 | 9.1 | 8.6 | 0.9 | 2.9 | -1.7 | -1.5 | 3.8 |
| Vanuatu | 8.5 | 5.2 | 6.5 | 3.3 | 1.6 | 1.2 | 1.8 | 2.2 | 3.5 | 4.0 | 3.8 |
| Turkey | 6.9 | 4.7 | 0.7 | -4.8 | 9.2 | 8.8 | 2.1 | 4.1 | 3.0 | 3.0 | 3.8 |
| Korea | 5.2 | 5.5 | 2.8 | 0.7 | 6.5 | 3.7 | 2.3 | 3.0 | 3.7 | 4.0 | 3.7 |
| Moldova | 4.8 | 3.0 | 7.8 | -6.0 | 7.1 | 6.8 | -0.7 | 8.9 | 1.8 | 3.5 | 3.7 |
| Guatemala | 5.4 | 6.3 | 3.3 | 0.5 | 2.9 | 4.2 | 3.0 | 3.7 | 3.4 | 3.7 | 3.6 |
| Taiwan | 5.4 | 6.0 | 0.7 | -1.8 | 10.8 | 4.2 | 1.5 | 2.1 | 3.5 | 3.8 | 3.6 |
| United Arab Emirates | 9.8 | 3.2 | 3.2 | -5.2 | 1.6 | 4.9 | 4.7 | 5.2 | 4.3 | 4.5 | 3.6 |
| Nicaragua | 4.2 | 5.3 | 2.9 | -2.8 | 3.3 | 5.7 | 5.0 | 4.6 | 4.0 | 4.0 | 3.6 |
| Hong Kong SAR | 7.0 | 6.5 | 2.1 | -2.5 | 6.8 | 4.8 | 1.6 | 2.9 | 3.0 | 3.3 | 3.5 |
| Senegal | 2.5 | 4.9 | 3.7 | 2.4 | 4.2 | 1.7 | 3.4 | 3.5 | 4.5 | 4.6 | 3.5 |
| Albania | 5.4 | 5.9 | 7.5 | 3.4 | 3.5 | 2.3 | 1.1 | 0.4 | 2.1 | 3.3 | 3.5 |
| Cabo Verde | 9.1 | 9.2 | 6.7 | -1.3 | 1.5 | 4.0 | 1.2 | 0.5 | 1.0 | 3.0 | 3.5 |
| Slovak Republic | 8.3 | 10.5 | 5.8 | -4.9 | 4.4 | 3.0 | 1.8 | 0.9 | 2.4 | 2.7 | 3.5 |
| Honduras | 6.6 | 6.2 | 4.2 | -2.4 | 3.7 | 3.8 | 3.9 | 2.6 | 3.0 | 3.1 | 3.5 |
| Sudan | 8.9 | 8.5 | 3.0 | 4.7 | 3.0 | -1.2 | -2.7 | 3.3 | 3.0 | 3.7 | 3.4 |
| Thailand | 5.1 | 5.0 | 2.5 | -2.3 | 7.8 | 0.1 | 6.5 | 2.9 | 1.0 | 4.6 | 3.3 |
| Montenegro | 8.6 | 10.7 | 6.9 | -5.7 | 2.5 | 3.2 | -2.5 | 3.5 | 2.3 | 3.4 | 3.3 |
| Tunisia | 5.7 | 6.3 | 4.5 | 3.1 | 2.6 | -1.9 | 3.7 | 2.3 | 2.8 | 3.7 | 3.3 |
| FYR Macedonia | 5.0 | 6.1 | 5.0 | -0.9 | 2.9 | 2.8 | -0.4 | 2.9 | 3.4 | 3.6 | 3.0 |
| Brazil | 4.0 | 6.1 | 5.2 | -0.3 | 7.5 | 2.7 | 1.0 | 2.5 | 0.3 | 1.4 | 3.0 |
| Guinea-Bissau | 2.3 | 3.2 | 3.2 | 3.3 | 4.4 | 9.0 | -2.2 | 0.3 | 2.6 | 4.0 | 3.0 |
| Algeria | 1.7 | 3.4 | 2.4 | 1.6 | 3.6 | 2.8 | 3.3 | 2.8 | 3.8 | 4.0 | 2.9 |
| Madagascar | 5.4 | 6.5 | 7.2 | -3.5 | 0.1 | 1.5 | 2.5 | 2.4 | 3.0 | 4.0 | 2.9 |
| Russia | 8.2 | 8.5 | 5.2 | -7.8 | 4.5 | 4.3 | 3.4 | 1.3 | 0.2 | 0.5 | 2.8 |
| Zimbabwe | -3.6 | -3.3 | -16.4 | 8.2 | 11.4 | 11.9 | 10.6 | 3.3 | 3.1 | 3.2 | 2.8 |
| South Africa | 5.6 | 5.5 | 3.6 | -1.5 | 3.1 | 3.6 | 2.5 | 1.9 | 1.4 | 2.3 | 2.8 |
| Australia | 2.7 | 4.5 | 2.7 | 1.5 | 2.2 | 2.6 | 3.6 | 2.3 | 2.8 | 2.9 | 2.8 |
| Kuwait | 7.5 | 6.0 | 2.5 | -7.1 | -2.4 | 10.2 | 8.3 | -0.4 | 1.4 | 1.8 | 2.8 |
| Guinea | 2.5 | 1.8 | 4.9 | -0.3 | 1.9 | 3.9 | 3.8 | 2.3 | 2.5 | 4.1 | 2.7 |
| Lithuania | 7.8 | 9.8 | 2.9 | -14.8 | 1.6 | 6.0 | 3.7 | 3.3 | 3.0 | 3.3 | 2.7 |
| Venezuela | 9.9 | 8.8 | 5.3 | -3.2 | -1.5 | 4.2 | 5.6 | 1.3 | -3.0 | -1.0 | 2.6 |
| Romania | 7.9 | 6.3 | 7.3 | -6.6 | -1.1 | 2.3 | 0.6 | 3.5 | 2.4 | 2.5 | 2.5 |
| Mexico | 5.0 | 3.1 | 1.4 | -4.7 | 5.1 | 4.0 | 4.0 | 1.1 | 2.4 | 3.5 | 2.5 |
| Tuvalu | 2.9 | 6.4 | 8.0 | -4.4 | -2.7 | 8.5 | 0.2 | 1.3 | 2.2 | 2.5 | 2.5 |
| Belize | 4.7 | 1.2 | 3.8 | 0.3 | 3.1 | 2.1 | 4.0 | 0.7 | 2.0 | 2.5 | 2.4 |
| Haiti | 2.2 | 3.3 | 0.8 | 3.1 | -5.5 | 5.5 | 2.9 | 4.3 | 3.8 | 3.7 | 2.4 |
| Comoros | 1.2 | 0.8 | 0.4 | 1.8 | 2.2 | 2.5 | 3.0 | 3.5 | 3.9 | 3.9 | 2.3 |
| Yemen | 3.2 | 3.3 | 3.6 | 3.9 | 7.7 | -12.7 | 2.4 | 4.8 | 1.9 | 4.6 | 2.3 |
| Trinidad and Tobago | 13.2 | 4.8 | 3.4 | -4.4 | 0.2 | -2.6 | 1.2 | 1.6 | 2.3 | 2.1 | 2.2 |
| Malta | 2.6 | 4.1 | 3.9 | -2.8 | 4.3 | 1.4 | 1.1 | 2.9 | 2.2 | 2.2 | 2.2 |
| Islamic Republic of Iran | 5.7 | 6.4 | 1.5 | 2.3 | 6.6 | 3.9 | -6.6 | -1.9 | 1.5 | 2.2 | 2.2 |
| Bosnia and Herzegovina | 5.7 | 6.0 | 5.6 | -2.7 | 0.8 | 1.0 | -1.2 | 2.1 | 0.7 | 3.5 | 2.1 |
| Dominica | 4.6 | 6.0 | 7.8 | -1.1 | 1.2 | 0.2 | -1.1 | 0.8 | 1.4 | 1.2 | 2.1 |
| Bulgaria | 6.5 | 6.4 | 6.2 | -5.5 | 0.4 | 1.8 | 0.6 | 0.9 | 1.4 | 2.0 | 2.1 |
| Swaziland | 3.3 | 3.5 | 2.4 | 1.3 | 1.9 | -0.6 | 1.9 | 2.8 | 2.1 | 2.0 | 2.0 |
| New Zealand | 2.8 | 3.4 | -0.8 | -1.4 | 2.1 | 1.9 | 2.5 | 2.8 | 3.6 | 2.8 | 2.0 |
| Latvia | 11.0 | 10.0 | -2.8 | -17.7 | -1.3 | 5.3 | 5.2 | 4.1 | 2.7 | 3.2 | 2.0 |
| Fiji | 1.9 | -0.9 | 1.0 | -1.4 | 3.0 | 2.7 | 1.8 | 4.6 | 3.8 | 2.5 | 1.9 |
| Estonia | 10.4 | 7.9 | -5.3 | -14.7 | 2.5 | 8.3 | 4.7 | 1.6 | 1.2 | 2.5 | 1.9 |
| Sweden | 4.3 | 3.3 | -0.6 | -5.0 | 6.6 | 2.9 | 0.9 | 1.6 | 2.1 | 2.7 | 1.9 |
| Kiribati | -4.5 | 7.5 | 2.8 | -0.7 | -0.5 | 2.7 | 2.8 | 2.9 | 3.0 | 2.7 | 1.9 |
| Czech Republic | 7.0 | 5.7 | 3.1 | -4.5 | 2.5 | 1.8 | -1.0 | -0.9 | 2.5 | 2.5 | 1.9 |
| Switzerland | 3.8 | 3.8 | 2.2 | -1.9 | 3.0 | 1.8 | 1.0 | 1.9 | 1.3 | 1.6 | 1.8 |
| Eritrea | -1.0 | 1.4 | -9.8 | 3.9 | 2.2 | 8.7 | 7.0 | 1.3 | 2.0 | 2.1 | 1.8 |
| Canada | 2.6 | 2.0 | 1.2 | -2.7 | 3.4 | 2.5 | 1.7 | 2.0 | 2.3 | 2.4 | 1.7 |
| Marshall Islands | 1.9 | 3.8 | -2.0 | -1.8 | 5.9 | 0.6 | 3.2 | 0.8 | 3.2 | 1.7 | 1.7 |
| Luxembourg | 4.9 | 6.6 | -0.7 | -5.6 | 3.1 | 1.9 | -0.2 | 2.1 | 2.7 | 1.9 | 1.7 |
| El Salvador | 3.9 | 3.8 | 1.3 | -3.1 | 1.4 | 2.2 | 1.9 | 1.7 | 1.7 | 1.8 | 1.7 |
| United States | 2.7 | 1.8 | -0.3 | -2.8 | 2.5 | 1.6 | 2.3 | 2.2 | 2.2 | 3.1 | 1.5 |
| Iceland | 4.7 | 6.0 | 1.2 | -6.6 | -4.1 | 2.7 | 1.5 | 3.3 | 2.9 | 3.0 | 1.5 |
| Germany | 3.9 | 3.4 | 0.8 | -5.1 | 3.9 | 3.4 | 0.9 | 0.5 | 1.4 | 1.5 | 1.5 |
| Brunei Darussalam | 4.4 | 0.2 | -1.9 | -1.8 | 2.6 | 3.4 | 0.9 | -1.8 | 5.3 | 3.0 | 1.4 |
| Austria | 3.7 | 3.7 | 1.4 | -3.8 | 1.8 | 2.8 | 0.9 | 0.3 | 1.0 | 1.9 | 1.4 |
| Serbia | 3.6 | 5.4 | 3.8 | -3.5 | 1.0 | 1.6 | -1.5 | 2.5 | -0.5 | 1.0 | 1.3 |
| Tonga | -2.8 | -1.4 | 2.6 | 3.3 | 3.1 | 1.8 | 0.5 | 0.8 | 2.4 | 3.0 | 1.3 |
| St. Kitts and Nevis | 4.6 | 4.8 | 3.4 | -3.8 | -3.8 | -1.9 | -0.9 | 3.8 | 3.5 | 3.2 | 1.3 |
| St. Vincent and the Grenadines | 6.0 | 3.0 | -0.5 | -2.0 | -2.3 | 0.3 | 1.5 | 2.3 | 1.7 | 2.6 | 1.3 |
| Norway | 2.3 | 2.7 | 0.1 | -1.6 | 0.5 | 1.3 | 2.9 | 0.6 | 1.8 | 1.9 | 1.2 |
| United Kingdom | 2.8 | 3.4 | -0.8 | -5.2 | 1.7 | 1.1 | 0.3 | 1.7 | 3.2 | 2.7 | 1.1 |
| Ireland | 5.5 | 4.9 | -2.6 | -6.4 | -0.3 | 2.8 | -0.3 | 0.2 | 3.6 | 3.0 | 1.0 |
| Belgium | 2.7 | 2.9 | 1.0 | -2.8 | 2.3 | 1.8 | -0.1 | 0.2 | 1.0 | 1.4 | 1.0 |
| Equatorial Guinea | 1.3 | 13.1 | 12.3 | -8.1 | -1.3 | 5.0 | 3.2 | -4.8 | -2.5 | -7.9 | 1.0 |
| St. Lucia | 8.7 | -0.4 | 3.4 | 0.6 | -0.2 | 1.3 | -1.3 | -2.3 | -1.1 | 1.4 | 1.0 |
| Antigua and Barbuda | 12.7 | 7.1 | 1.5 | -10.7 | -8.5 | -1.9 | 3.6 | 1.8 | 1.9 | 1.7 | 0.9 |
| Netherlands | 3.8 | 4.2 | 2.1 | -3.3 | 1.1 | 1.7 | -1.6 | -0.7 | 0.6 | 1.4 | 0.9 |
| Slovenia | 5.7 | 6.9 | 3.3 | -7.8 | 1.2 | 0.6 | -2.6 | -1.0 | 1.4 | 1.4 | 0.9 |
| France | 2.4 | 2.4 | 0.2 | -2.9 | 2.0 | 2.1 | 0.3 | 0.3 | 0.4 | 1.0 | 0.8 |
| Samoa | 1.9 | 1.1 | 2.9 | -6.4 | -1.7 | 5.2 | 1.5 | -1.1 | 2.0 | 2.2 | 0.7 |
| Ukraine | 7.3 | 7.9 | 2.3 | -14.8 | 4.1 | 5.2 | 0.3 | 0.0 | -6.5 | 1.0 | 0.7 |
| Japan | 1.7 | 2.2 | -1.0 | -5.5 | 4.7 | -0.5 | 1.5 | 1.5 | 0.9 | 0.8 | 0.6 |
| Finland | 4.1 | 5.2 | 0.7 | -8.3 | 3.0 | 2.6 | -1.5 | -1.2 | -0.2 | 0.9 | 0.5 |
| Hungary | 3.9 | 0.1 | 0.9 | -6.8 | 1.1 | 1.6 | -1.7 | 1.1 | 2.8 | 2.3 | 0.5 |
| The Bahamas | 2.5 | 1.4 | -2.3 | -4.2 | 1.5 | 1.1 | 1.0 | 0.7 | 1.2 | 2.1 | 0.5 |
| Spain | 4.1 | 3.5 | 0.9 | -3.8 | -0.2 | 0.1 | -1.6 | -1.2 | 1.3 | 1.7 | 0.5 |
| Denmark | 3.4 | 1.6 | -0.8 | -5.7 | 1.4 | 1.1 | -0.4 | 0.4 | 1.5 | 1.8 | 0.4 |
| Barbados | 5.7 | 1.7 | 0.3 | -4.1 | 0.2 | 0.8 | 0.0 | -0.3 | -0.6 | 0.5 | 0.4 |
| Micronesia | -0.2 | -2.1 | -2.6 | 1.0 | 2.5 | 2.1 | 0.4 | 0.6 | 0.6 | 0.6 | 0.3 |
| Jamaica | 2.9 | 1.4 | -0.8 | -3.4 | -1.5 | 1.4 | -0.5 | 0.2 | 1.1 | 1.8 | 0.3 |
| Cyprus | 4.1 | 5.1 | 3.6 | -1.9 | 1.3 | 0.4 | -2.4 | -5.4 | -3.2 | 0.4 | 0.2 |
| Palau | -1.4 | 1.7 | -5.5 | -10.7 | 3.2 | 5.2 | 5.5 | -0.2 | 1.8 | 2.2 | 0.2 |
| Portugal | 1.4 | 2.4 | 0.0 | -2.9 | 1.9 | -1.3 | -3.2 | -1.4 | 1.0 | 1.5 | -0.1 |
| Croatia | 4.9 | 5.1 | 2.1 | -6.9 | -2.3 | -0.2 | -2.2 | -0.9 | -0.8 | 0.5 | -0.1 |
| Grenada | -4.0 | 6.1 | 0.9 | -6.6 | -0.5 | 0.8 | -1.8 | 1.5 | 1.1 | 1.2 | -0.1 |
| Italy | 2.2 | 1.7 | -1.2 | -5.5 | 1.7 | 0.5 | -2.4 | -1.9 | -0.2 | 0.9 | -0.4 |
| Central African Republic | 4.8 | 4.6 | 2.1 | 1.7 | 3.0 | 3.3 | 4.1 | -36.0 | 1.0 | 5.3 | -0.6 |
| Greece | 5.5 | 3.5 | -0.2 | -3.1 | -4.9 | -7.1 | -7.0 | -3.9 | 0.6 | 2.9 | -1.4 |
| San Marino | 3.8 | 7.1 | 3.4 | -9.5 | -5.0 | -8.5 | -5.1 | -3.2 | 0.0 | 2.2 | -1.5 |
| South Sudan | n/a | n/a | n/a | n/a | n/a | n/a | -47.6 | 27.1 | -12.3 | 19.0 | -3.4 |
Click To View The Countries With the Lowest Average GDP Growth
Sources
- Beyond GDP-EU
- Beyond GDP Project
- Beyond GDP - Report by the Commission on the Measurement of Economic Performance and Social Progress
- Beyond GDP-Stiglitz, Sen, Fitoussi
- Comparing Levels of Development-World Bank
- Definition of GDP-OECD
- GDP: Definitions and in-depth examinations: Global Edge Business Glossary
- GDP-Global Edge
- GFmag: Comparing the real size of economies: the importance of GDP PPP
- GFmag: Definitions of GDP, GDP PPI, GDP PPP per capita, GNI, GNI per capita, PPP GNI
- GFmag: World's wealth distribution maps (1500, 1900, 2004, 2015)
- Global Finance Magazine Beyond GDP - Report by the Commission on the Measurement of Economic Performance and Social Progress
- IMF Homepage
- IMF Sept 2014: Growth Surprises and Synchronized Slowdowns in Emerging Markets––An Empirical Investigation
- Investopedia – Definition of GDP
- OECD iLibrary: Organisation for Economic Co-operation and Development
- Organization for Economic Co-operation and Development (OECD) – Definition of GDP
- Principles of Economics, by N. Gregory Mankiw (South-Western, Div. of Thomson Learning, 2003) The measurement of Gross domestic product
- Principles of Economics, by N. Gregory Mankiw (South-Western, Div. of Thomson Learning, 2003)
- The Economist – Focus: World GDP 2013
- Wikipedia – Definition of GDP
- World Bank – Comparing Levels of Development
- World Economic Outlook (WEO) database, October 2012
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