Of the 192 countries, South Sudan grew at the lowest rate with Libya, San Marino, Yemen, Greece, Venezuela, Ukraine, Central African Republic and Puerto Rico following it in the list of the lowest growing countries.
Author:
Maria Obiols
Of all the 192 countries that the IMF provides data for, South Sudan has been showing the worst average GDP growth in the last years. Now immersed in civil war, South Sudan just declared its independence in 2011. The first data for its GDP growth corresponds to 2012 and its average for the last 6 years amounts to -10.2 percent. South Sudan scores as the second most fragile state in the Fragile States Index 2016 of The Fund for Peace, only after Somalia.
The Gross Domestic Product of a country can be defined as the total monetary value of the goods and services produced within its borders in a year. GDP growth is expressed as a percent. The average growth rate has been calculated using the geometric mean to obtain a ten-year equivalent rate.
Libya, San Marino, Yemen, Greece, Venezuela, Ukraine, Central African Republic and Puerto Rico follow in the list of the lowest growing countries, all of them actually showcasing negative growth of more than one percent. War, political and social unrest and violence seem to play some role in most of these countries: Central African Republic and Yemen top third and fourth places in the Fragile States Index, Lybia is 25th and Venezuela and Ukraine are classified as High and Elevated warning.
The aftermath of the 2008 global financial crisis still keeps many European countries among the slowest growing countries in the world. At different degrees, all of them have been showing signs of recovery, but many of them are still displaying negative averages for the considered ten-year period: Greece, of course, but also San Marino, Italy, Croatia, Portugal or Finland.
The Caribbean region contributes with a number of countries that have, for different reasons, been particularly struck by the crisis too, with Venezuela, Puerto Rico and The Bahamas also ranking among the countries that display a contracting GDP. While the Bahamas is already on the path of recovery, Puerto Rico is deep in a crippling debt crisis and Venezuela’s recession is not expected to take much respite from slightly stronger oil prices.
In Africa, Equatorial Guinea, suffering the effects of low oil prices, joins South Sudan and the Central African Republic as the only African countries to show negative growth in 2017.
From a global perspective, the IMF World Economic Outlook of April 2017 states that “activity is projected to pick up markedly in emerging market and developing economies”. The outlook for advanced economies has also improved for 2017-2018, reflecting a stronger activity in the second half of 2016. As the IMF report states, though, “risks remain skewed to the downside.
GDP Growth By Country
Sorted By Average % GDP Growth with data and geometric mean correspond ingto the last 6 years. Source: International Monetary Fund, World Economic Outlook Database, April 2017
| Country | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | Average (10-year equivalent) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| South Sudan* | n/a | n/a | n/a | n/a | -52.4 | 29.3 | 2.9 | -0.2 | -13.8 | -3.5 | -10.2 |
| Libya | 2.7 | -3.1 | 2.5 | -64.2 | 106.5 | -30.8 | -47.7 | -7.3 | -4.4 | 53.7 | -9.4 |
| San Marino | 1.7 | -12.8 | -4.6 | -9.5 | -7.5 | -3.0 | -0.9 | 0.5 | 1.0 | 1.2 | -3.5 |
| Yemen | 3.6 | 3.9 | 7.7 | -12.7 | 2.4 | 4.8 | -0.2 | -28.1 | -9.8 | 5.0 | -3.0 |
| Greece | -0.3 | -4.3 | -5.5 | -9.1 | -7.3 | -3.2 | 0.4 | -0.2 | 0.0 | 2.2 | -2.8 |
| Venezuela | 5.3 | -3.2 | -1.5 | 4.2 | 5.6 | 1.3 | -3.9 | -6.2 | -18.0 | -7.4 | -2.6 |
| Ukraine | 2.2 | -15.1 | 0.3 | 5.5 | 0.2 | 0.0 | -6.6 | -9.8 | 2.3 | 2.0 | -2.1 |
| Central African Republic | 2.1 | 1.7 | 3.0 | 3.3 | 4.1 | -36.7 | 1.0 | 4.8 | 4.5 | 4.7 | -1.7 |
| Puerto Rico | -1.8 | -2.0 | -0.4 | -0.4 | 0.0 | -0.3 | -1.4 | 0.0 | -1.8 | -3.0 | -1.1 |
| Italy | -1.1 | -5.5 | 1.7 | 0.6 | -2.8 | -1.7 | 0.1 | 0.8 | 0.9 | 0.8 | -0.6 |
| Brunei Darussalam | -2.0 | -1.8 | 2.7 | 3.7 | 0.9 | -2.1 | -2.5 | -0.4 | -3.2 | -1.3 | -0.6 |
| Equatorial Guinea | 17.8 | 1.3 | -8.9 | 6.5 | 8.3 | -4.1 | -0.5 | -7.4 | -10.0 | -5.0 | -0.5 |
| Croatia | 2.1 | -7.4 | -1.7 | -0.3 | -2.2 | -1.1 | -0.5 | 1.6 | 2.9 | 2.9 | -0.4 |
| Portugal | 0.2 | -3.0 | 1.9 | -1.8 | -4.0 | -1.1 | 0.9 | 1.6 | 1.4 | 1.7 | -0.2 |
| Finland | 0.7 | -8.3 | 3.0 | 2.6 | -1.4 | -0.8 | -0.6 | 0.3 | 1.4 | 1.3 | -0.2 |
| The Bahamas | -2.3 | -4.2 | 1.5 | 0.6 | 3.1 | 0.0 | -0.5 | -1.7 | 0.0 | 1.4 | -0.2 |
| Antigua and Barbuda | 1.6 | -10.7 | -8.4 | -1.8 | 3.5 | 1.4 | 4.8 | 3.8 | 3.7 | 2.2 | -0.1 |
| Latvia | -3.6 | -14.3 | -3.8 | 6.4 | 4.0 | 2.6 | 2.1 | 2.7 | 2.0 | 3.0 | -0.1 |
| Trinidad and Tobago | 3.4 | -4.4 | 3.3 | -0.3 | 1.3 | 2.7 | -0.6 | -0.6 | -5.1 | 0.3 | 0.0 |
| Cyprus | 3.9 | -1.8 | 1.3 | 0.3 | -3.2 | -6.0 | -1.5 | 1.7 | 2.8 | 2.5 | 0.0 |
| Jamaica | -0.8 | -3.4 | -1.5 | 1.4 | -0.5 | 0.2 | 0.5 | 1.0 | 1.5 | 2.0 | 0.0 |
| Barbados | 0.4 | -4.0 | 0.3 | 0.8 | 0.3 | -0.1 | 0.1 | 0.9 | 1.6 | 1.7 | 0.2 |
| Spain | 1.1 | -3.6 | 0.0 | -1.0 | -2.9 | -1.7 | 1.4 | 3.2 | 3.2 | 2.6 | 0.2 |
| Estonia | -5.4 | -14.7 | 2.5 | 7.6 | 4.3 | 1.4 | 2.8 | 1.4 | 1.6 | 2.5 | 0.2 |
| Slovenia | 3.3 | -7.8 | 1.2 | 0.6 | -2.7 | -1.1 | 3.1 | 2.3 | 2.5 | 2.5 | 0.3 |
| Micronesia | -2.2 | 1.2 | 3.3 | 1.0 | -1.7 | -3.0 | -2.4 | 3.7 | 2.0 | 2.0 | 0.4 |
| St. Vincent and the Grenadines | -0.5 | -2.0 | -2.3 | 0.2 | 1.3 | 2.5 | 0.2 | 0.6 | 1.8 | 2.5 | 0.4 |
| St. Lucia | 4.2 | -0.4 | -1.7 | 0.2 | -1.4 | 0.1 | 0.4 | 1.8 | 0.8 | 0.5 | 0.4 |
| Japan | -1.1 | -5.4 | 4.2 | -0.1 | 1.5 | 2.0 | 0.3 | 1.2 | 1.0 | 1.2 | 0.5 |
| Denmark | -0.5 | -4.9 | 1.9 | 1.3 | 0.2 | 0.9 | 1.7 | 1.6 | 1.1 | 1.5 | 0.5 |
| France | 0.2 | -2.9 | 2.0 | 2.1 | 0.2 | 0.6 | 0.6 | 1.3 | 1.2 | 1.4 | 0.6 |
| Netherlands | 1.7 | -3.8 | 1.4 | 1.7 | -1.1 | -0.2 | 1.4 | 2.0 | 2.1 | 2.1 | 0.7 |
| Austria | 1.5 | -3.8 | 1.9 | 2.8 | 0.7 | 0.1 | 0.6 | 1.0 | 1.5 | 1.4 | 0.8 |
| Suriname | 4.1 | 3.0 | 5.2 | 5.8 | 2.7 | 2.9 | 0.4 | -2.7 | -10.5 | -1.2 | 0.9 |
| Hungary | 0.9 | -6.6 | 0.7 | 1.7 | -1.6 | 2.1 | 4.0 | 3.1 | 2.0 | 2.9 | 0.9 |
| Belgium | 0.7 | -2.3 | 2.7 | 1.8 | 0.1 | -0.1 | 1.7 | 1.5 | 1.2 | 1.6 | 0.9 |
| Russia | 5.2 | -7.8 | 4.5 | 4.0 | 3.5 | 1.3 | 0.7 | -2.8 | -0.2 | 1.4 | 0.9 |
| Norway | 0.4 | -1.6 | 0.6 | 1.0 | 2.7 | 1.0 | 1.9 | 1.6 | 1.0 | 1.2 | 1.0 |
| Serbia | 5.4 | -3.1 | 0.6 | 1.4 | -1.0 | 2.6 | -1.8 | 0.8 | 2.8 | 3.0 | 1.0 |
| Germany | 0.8 | -5.6 | 4.0 | 3.7 | 0.7 | 0.6 | 1.6 | 1.5 | 1.8 | 1.6 | 1.0 |
| Samoa | 3.6 | -6.1 | -2.0 | 5.6 | 0.4 | -1.9 | 1.2 | 1.6 | 6.6 | 2.1 | 1.0 |
| United Kingdom | -0.6 | -4.3 | 1.9 | 1.5 | 1.3 | 1.9 | 3.1 | 2.2 | 1.8 | 2.0 | 1.1 |
| Palau | -6.1 | -9.3 | 3.2 | 5.4 | 3.5 | -2.5 | 4.4 | 9.3 | 0.1 | 5.0 | 1.1 |
| Lithuania | 2.6 | -14.8 | 1.6 | 6.0 | 3.8 | 3.5 | 3.5 | 1.8 | 2.3 | 2.8 | 1.2 |
| Dominica | 7.1 | -1.2 | 0.7 | -0.2 | -1.1 | 0.8 | 4.2 | -1.8 | 0.6 | 3.0 | 1.2 |
| Czech Republic | 2.7 | -4.8 | 2.3 | 2.0 | -0.8 | -0.5 | 2.7 | 4.5 | 2.4 | 2.8 | 1.3 |
| Switzerland | 2.2 | -2.1 | 2.8 | 1.9 | 1.1 | 1.8 | 2.0 | 0.8 | 1.3 | 1.4 | 1.3 |
| United States | -0.3 | -2.8 | 2.5 | 1.6 | 2.2 | 1.7 | 2.4 | 2.6 | 1.6 | 2.3 | 1.4 |
| El Salvador | 1.3 | -3.1 | 1.4 | 2.2 | 1.9 | 1.8 | 1.4 | 2.5 | 2.4 | 2.3 | 1.4 |
| Brazil | 5.1 | -0.1 | 7.5 | 4.0 | 1.9 | 3.0 | 0.5 | -3.8 | -3.6 | 0.2 | 1.4 |
| Grenada | 0.9 | -6.6 | -0.5 | 0.8 | -1.2 | 2.4 | 7.3 | 6.2 | 3.1 | 2.7 | 1.4 |
| Argentina | 4.1 | -5.9 | 10.1 | 6.0 | -1.0 | 2.4 | -2.5 | 2.6 | -2.3 | 2.2 | 1.5 |
| Canada | 1.0 | -3.0 | 3.1 | 3.1 | 1.7 | 2.5 | 2.6 | 0.9 | 1.4 | 1.9 | 1.5 |
| Kuwait | 2.5 | -7.1 | -2.4 | 10.9 | 7.9 | 0.4 | 0.6 | 2.1 | 2.5 | -0.2 | 1.6 |
| Sweden | -0.6 | -5.2 | 6.0 | 2.7 | -0.3 | 1.2 | 2.6 | 4.1 | 3.3 | 2.7 | 1.6 |
| Islamic Republic of Iran | 0.9 | 2.3 | 6.6 | 3.8 | -6.6 | -1.9 | 4.0 | -1.6 | 6.5 | 3.3 | 1.7 |
| South Africa | 3.2 | -1.5 | 3.0 | 3.3 | 2.2 | 2.5 | 1.7 | 1.3 | 0.3 | 0.8 | 1.7 |
| Iceland | 1.5 | -6.9 | -3.6 | 2.0 | 1.2 | 4.4 | 1.9 | 4.1 | 7.2 | 5.7 | 1.7 |
| Marshall Islands | -1.7 | 6.4 | 1.7 | 3.7 | 2.4 | -1.0 | 0.6 | 1.4 | 1.8 | 1.8 | 1.7 |
| Haiti | 0.8 | 3.1 | -5.5 | 5.5 | 2.9 | 4.2 | 2.8 | 1.2 | 1.4 | 1.0 | 1.7 |
| Bosnia and Herzegovina | 5.6 | -0.8 | 0.8 | 0.9 | -1.1 | 2.4 | 1.1 | 3.1 | 2.5 | 3.0 | 1.7 |
| Bulgaria | 6.0 | -3.6 | 1.3 | 1.9 | 0.0 | 0.9 | 1.3 | 3.6 | 3.4 | 2.9 | 1.8 |
| Montenegro | 6.9 | -5.7 | 2.5 | 3.2 | -2.7 | 3.5 | 1.8 | 3.4 | 2.4 | 3.3 | 1.8 |
| Armenia | 6.9 | -14.2 | 2.2 | 4.7 | 7.1 | 3.3 | 3.6 | 3.0 | 0.2 | 2.9 | 1.8 |
| Belarus | 10.2 | 0.2 | 7.8 | 5.4 | 1.7 | 1.0 | 1.8 | -3.8 | -3.0 | -0.8 | 1.9 |
| Mexico | 1.4 | -4.7 | 5.1 | 4.0 | 4.0 | 1.4 | 2.3 | 2.6 | 2.3 | 1.7 | 2.0 |
| Kiribati | -1.8 | 0.3 | -1.6 | 0.5 | 5.2 | 5.8 | 2.4 | 3.5 | 3.2 | 2.8 | 2.0 |
| Romania | 8.5 | -7.1 | -0.8 | 1.1 | 0.6 | 3.5 | 3.1 | 3.9 | 4.8 | 4.2 | 2.1 |
| Tuvalu | 8.0 | -4.4 | -2.7 | 8.5 | 0.2 | 1.3 | 2.2 | 2.6 | 4.0 | 2.3 | 2.1 |
| Luxembourg | -0.8 | -5.4 | 5.8 | 2.0 | 0.0 | 4.2 | 4.7 | 3.5 | 4.0 | 3.7 | 2.1 |
| Tunisia | 4.5 | 3.1 | 2.6 | -1.9 | 3.9 | 2.4 | 2.3 | 1.1 | 1.0 | 2.5 | 2.1 |
| New Zealand | -0.4 | 0.4 | 2.0 | 1.9 | 2.5 | 2.1 | 2.8 | 3.1 | 4.0 | 3.1 | 2.1 |
| Comoros | 1.0 | 1.8 | 2.1 | 2.2 | 3.0 | 3.5 | 2.0 | 1.0 | 2.2 | 3.3 | 2.2 |
| Cabo Verde | 6.7 | -1.3 | 1.5 | 4.0 | 1.1 | 0.8 | 0.6 | 1.1 | 4.0 | 4.0 | 2.2 |
| Tonga | 2.7 | 3.0 | 3.2 | 1.8 | -1.1 | -0.6 | 2.9 | 3.6 | 3.5 | 3.9 | 2.3 |
| Belize | 3.2 | 0.8 | 3.3 | 2.1 | 3.7 | 0.7 | 4.1 | 2.9 | -1.0 | 3.0 | 2.3 |
| St. Kitts and Nevis | 5.9 | -1.0 | -2.9 | -0.9 | -0.8 | 6.6 | 5.1 | 4.9 | 2.9 | 3.5 | 2.3 |
| Slovak Republic | 5.6 | -5.4 | 5.0 | 2.8 | 1.7 | 1.5 | 2.6 | 3.8 | 3.3 | 3.3 | 2.4 |
| Madagascar | 7.2 | -4.7 | 0.3 | 1.5 | 3.0 | 2.3 | 3.3 | 3.1 | 4.1 | 4.5 | 2.4 |
| Sudan | 3.0 | 4.7 | 2.5 | -1.2 | -3.0 | 5.2 | 1.6 | 4.9 | 3.1 | 3.7 | 2.4 |
| Guinea | 4.9 | -0.3 | 1.9 | 3.3 | 3.2 | 1.5 | 1.1 | 0.1 | 5.2 | 4.3 | 2.5 |
| Taiwan Province of China | 0.7 | -1.6 | 10.6 | 3.8 | 2.1 | 2.2 | 4.0 | 0.7 | 1.4 | 1.7 | 2.5 |
| Hong Kong SAR | 2.1 | -2.5 | 6.8 | 4.8 | 1.7 | 3.1 | 2.8 | 2.4 | 1.9 | 2.4 | 2.5 |
| Swaziland | 2.8 | 4.5 | 3.5 | 2.0 | 3.5 | 4.8 | 3.6 | 1.1 | -0.4 | 0.3 | 2.6 |
| Australia | 2.6 | 1.7 | 2.3 | 2.7 | 3.6 | 2.1 | 2.8 | 2.4 | 2.5 | 3.1 | 2.6 |
| Fiji | 1.0 | -1.4 | 3.0 | 2.7 | 1.4 | 4.7 | 5.6 | 3.6 | 2.0 | 3.7 | 2.6 |
| Vanuatu | 6.5 | 3.3 | 1.6 | 1.2 | 1.8 | 2.0 | 2.3 | -0.8 | 4.0 | 4.5 | 2.6 |
| FYR Macedonia | 5.5 | -0.4 | 3.4 | 2.3 | -0.5 | 2.9 | 3.6 | 3.8 | 2.4 | 3.2 | 2.6 |
| United Arab Emirates | 3.2 | -5.2 | 1.6 | 4.9 | 7.1 | 4.7 | 3.1 | 3.8 | 2.7 | 1.5 | 2.7 |
| Burundi | 4.9 | 3.8 | 5.1 | 4.0 | 4.4 | 5.9 | 4.5 | -4.0 | -1.0 | 0.0 | 2.7 |
| Ecuador | 6.4 | 0.6 | 3.5 | 7.9 | 5.6 | 4.9 | 4.0 | 0.2 | -2.2 | -1.6 | 2.9 |
| Thailand | 1.7 | -0.7 | 7.5 | 0.8 | 7.2 | 2.7 | 0.9 | 2.9 | 3.2 | 3.0 | 2.9 |
| Algeria | 2.4 | 1.6 | 3.6 | 2.8 | 3.3 | 2.8 | 3.8 | 3.8 | 4.2 | 1.4 | 3.0 |
| Honduras | 4.2 | -2.4 | 3.7 | 3.8 | 4.1 | 2.8 | 3.1 | 3.6 | 3.6 | 3.4 | 3.0 |
| Korea | 2.8 | 0.7 | 6.5 | 3.7 | 2.3 | 2.9 | 3.3 | 2.8 | 2.8 | 2.7 | 3.0 |
| Chile | 3.5 | -1.6 | 5.8 | 6.1 | 5.3 | 4.0 | 2.0 | 2.3 | 1.6 | 1.7 | 3.0 |
| Eritrea | -9.8 | 3.9 | 2.2 | 8.7 | 7.0 | 3.1 | 5.0 | 4.8 | 3.7 | 3.3 | 3.1 |
| Albania | 7.5 | 3.4 | 3.7 | 2.5 | 1.4 | 1.0 | 1.8 | 2.6 | 3.4 | 3.7 | 3.1 |
| Azerbaijan | 10.8 | 9.3 | 5.0 | 0.1 | 2.2 | 5.8 | 2.8 | 1.1 | -3.8 | -1.0 | 3.1 |
| Poland | 3.9 | 2.6 | 3.7 | 5.0 | 1.6 | 1.4 | 3.3 | 3.9 | 2.8 | 3.4 | 3.2 |
| Guatemala | 3.3 | 0.5 | 2.9 | 4.2 | 3.0 | 3.7 | 4.2 | 4.1 | 3.0 | 3.3 | 3.2 |
| Jordan | 7.2 | 5.5 | 2.3 | 2.6 | 2.7 | 2.8 | 3.1 | 2.4 | 2.1 | 2.3 | 3.3 |
| Mauritania | 1.1 | -1.0 | 4.8 | 4.7 | 5.8 | 6.1 | 5.6 | 0.9 | 1.5 | 3.8 | 3.3 |
| Ireland | -4.4 | -4.6 | 2.0 | -0.1 | -1.1 | 1.1 | 8.4 | 26.3 | 5.2 | 3.5 | 3.3 |
| Zimbabwe | -16.6 | 7.5 | 11.4 | 11.9 | 10.6 | 4.5 | 3.9 | 1.1 | 0.5 | 2.0 | 3.4 |
| Israel | 3.0 | 1.4 | 5.7 | 5.1 | 2.4 | 4.4 | 3.2 | 2.5 | 4.0 | 2.9 | 3.4 |
| Kosovo | 4.5 | 3.6 | 3.3 | 4.4 | 2.8 | 3.4 | 1.2 | 4.1 | 3.6 | 3.5 | 3.4 |
| Gabon | 1.7 | -2.3 | 6.3 | 7.1 | 5.3 | 5.5 | 4.4 | 3.9 | 2.3 | 1.0 | 3.5 |
| The Gambia | 5.7 | 6.5 | 6.5 | -4.3 | 5.6 | 4.8 | 0.9 | 4.3 | 2.5 | 3.0 | 3.5 |
| Georgia | 2.4 | -3.7 | 6.2 | 7.2 | 6.4 | 3.4 | 4.6 | 2.9 | 2.7 | 3.5 | 3.5 |
| Colombia | 3.5 | 1.7 | 4.0 | 6.6 | 4.0 | 4.9 | 4.4 | 3.1 | 2.0 | 2.3 | 3.6 |
| Moldova | 7.8 | -6.0 | 7.1 | 6.8 | -0.7 | 9.4 | 4.8 | -0.4 | 4.0 | 4.5 | 3.6 |
| Saudi Arabia | 6.3 | -2.1 | 4.8 | 10.3 | 5.4 | 2.7 | 3.7 | 4.1 | 1.4 | 0.4 | 3.6 |
| Bahrain | 6.2 | 2.5 | 4.3 | 2.0 | 3.7 | 5.4 | 4.4 | 2.9 | 2.9 | 2.3 | 3.7 |
| Costa Rica | 4.7 | -1.0 | 5.0 | 4.3 | 4.8 | 2.3 | 3.7 | 4.7 | 4.3 | 4.0 | 3.7 |
| Guinea-Bissau | 3.2 | 3.4 | 4.6 | 8.1 | -1.7 | 3.3 | 1.0 | 5.1 | 5.2 | 5.0 | 3.7 |
| Pakistan | 5.0 | 0.4 | 2.6 | 3.6 | 3.8 | 3.7 | 4.1 | 4.0 | 4.7 | 5.0 | 3.7 |
| Chad | 3.1 | 4.1 | 13.6 | 0.1 | 8.8 | 5.8 | 6.9 | 1.8 | -6.4 | 0.3 | 3.7 |
| Seychelles | -2.1 | -1.1 | 5.9 | 5.4 | 3.7 | 5.0 | 6.2 | 5.7 | 4.4 | 4.1 | 3.7 |
| Botswana | 6.2 | -7.7 | 8.6 | 6.0 | 4.5 | 11.3 | 4.1 | -1.7 | 2.9 | 4.1 | 3.7 |
| Malta | 3.3 | -2.4 | 3.5 | 1.4 | 2.8 | 4.3 | 8.3 | 7.4 | 5.0 | 4.1 | 3.7 |
| Mauritius | 5.5 | 3.0 | 4.1 | 3.9 | 3.2 | 3.2 | 3.6 | 3.5 | 3.6 | 3.9 | 3.8 |
| Nicaragua | 2.9 | -2.8 | 3.2 | 6.2 | 5.6 | 4.5 | 4.6 | 4.9 | 4.7 | 4.5 | 3.8 |
| Guyana | 2.0 | 3.3 | 4.4 | 5.4 | 4.8 | 5.2 | 3.8 | 3.1 | 3.3 | 3.5 | 3.9 |
| Solomon Islands | 7.1 | -4.7 | 6.9 | 12.9 | 4.6 | 3.0 | 2.0 | 1.8 | 3.2 | 3.0 | 3.9 |
| Lebanon | 9.1 | 10.3 | 8.0 | 0.9 | 2.8 | 2.5 | 2.0 | 1.0 | 1.0 | 2.0 | 3.9 |
| Kazakhstan | 3.3 | 1.2 | 7.3 | 7.5 | 5.0 | 6.0 | 4.3 | 1.2 | 1.1 | 2.5 | 3.9 |
| Egypt | 7.2 | 4.7 | 5.1 | 1.8 | 2.2 | 3.3 | 2.9 | 4.4 | 4.3 | 3.5 | 3.9 |
| Republic of Congo | 5.6 | 7.8 | 8.7 | 3.4 | 3.8 | 3.3 | 6.8 | 2.6 | -2.7 | 0.6 | 3.9 |
| Uruguay | 7.2 | 4.2 | 7.8 | 5.2 | 3.5 | 4.6 | 3.2 | 1.0 | 1.4 | 1.6 | 4.0 |
| Morocco | 5.9 | 4.2 | 3.8 | 5.2 | 3.0 | 4.5 | 2.6 | 4.5 | 1.5 | 4.4 | 4.0 |
| Namibia | 2.7 | 0.3 | 6.0 | 5.1 | 5.1 | 5.7 | 6.5 | 5.3 | 0.1 | 3.5 | 4.0 |
| Macao SAR | 3.4 | 1.3 | 25.3 | 21.7 | 9.2 | 11.2 | -1.2 | -21.5 | -4.0 | 2.8 | 4.0 |
| Singapore | 1.8 | -0.6 | 15.2 | 6.2 | 3.9 | 5.0 | 3.6 | 1.9 | 2.0 | 2.2 | 4.0 |
| Lesotho | 5.1 | 4.5 | 6.9 | 4.5 | 5.3 | 3.6 | 3.4 | 2.5 | 2.9 | 2.2 | 4.1 |
| Kyrgyz Republic | 7.6 | 2.9 | -0.5 | 6.0 | -0.1 | 10.9 | 4.0 | 3.5 | 3.8 | 3.4 | 4.1 |
| Oman | 8.2 | 6.1 | 4.8 | -1.1 | 9.3 | 4.4 | 2.5 | 4.2 | 3.1 | 0.4 | 4.1 |
| Benin | 4.9 | 2.3 | 2.1 | 3.0 | 4.8 | 7.2 | 6.4 | 2.1 | 4.0 | 5.4 | 4.2 |
| Cameroon | 2.9 | 1.9 | 3.3 | 4.1 | 4.6 | 5.6 | 5.9 | 5.8 | 4.4 | 3.7 | 4.2 |
| Nepal | 6.1 | 4.5 | 4.8 | 3.4 | 4.8 | 4.1 | 6.0 | 2.7 | 0.6 | 5.5 | 4.2 |
| Mali | 4.8 | 4.7 | 5.4 | 3.2 | -0.8 | 2.3 | 7.0 | 6.0 | 5.4 | 5.2 | 4.3 |
| Liberia | 6.0 | 5.1 | 6.1 | 7.4 | 8.2 | 8.7 | 0.7 | 0.0 | -1.2 | 3.0 | 4.3 |
| Angola | 13.8 | 2.4 | 3.4 | 3.9 | 5.2 | 6.8 | 4.8 | 3.0 | 0.0 | 1.3 | 4.4 |
| Senegal | 3.7 | 2.4 | 4.3 | 1.9 | 4.5 | 3.6 | 4.3 | 6.5 | 6.6 | 6.8 | 4.4 |
| Turkey | 0.8 | -4.7 | 8.5 | 11.1 | 4.8 | 8.5 | 5.2 | 6.1 | 2.9 | 2.5 | 4.5 |
| Sierra Leone | 5.4 | 3.2 | 5.3 | 6.3 | 15.2 | 20.7 | 4.6 | -20.6 | 4.9 | 5.0 | 4.5 |
| Malaysia | 4.8 | -1.5 | 7.5 | 5.3 | 5.5 | 4.7 | 6.0 | 5.0 | 4.2 | 4.5 | 4.6 |
| Maldives | 12.7 | -5.3 | 7.2 | 8.7 | 2.5 | 4.7 | 6.0 | 2.8 | 3.9 | 4.1 | 4.6 |
| Paraguay | 6.4 | -4.0 | 13.1 | 4.3 | -1.2 | 14.0 | 4.7 | 3.0 | 4.1 | 3.3 | 4.6 |
| Sao Tom_ and PrÕncipe | 8.1 | 4.0 | 4.5 | 4.8 | 4.5 | 4.3 | 4.1 | 4.0 | 4.0 | 5.0 | 4.7 |
| Togo | 2.4 | 3.5 | 4.1 | 4.8 | 5.9 | 6.1 | 5.4 | 5.3 | 5.0 | 5.0 | 4.7 |
| Nigeria | 7.2 | 8.4 | 11.3 | 4.9 | 4.3 | 5.4 | 6.3 | 2.7 | -1.5 | 0.8 | 4.9 |
| Bolivia | 6.1 | 3.4 | 4.1 | 5.2 | 5.1 | 6.8 | 5.5 | 4.8 | 4.1 | 4.0 | 4.9 |
| Dominican Republic | 3.2 | 0.9 | 8.3 | 3.1 | 2.8 | 4.7 | 7.6 | 7.0 | 6.6 | 5.3 | 4.9 |
| Peru | 9.1 | 1.0 | 8.5 | 6.5 | 6.0 | 5.8 | 2.4 | 3.3 | 3.9 | 3.5 | 5.0 |
| Malawi | 7.6 | 8.3 | 6.9 | 4.9 | 1.9 | 5.2 | 5.7 | 3.0 | 2.3 | 4.5 | 5.0 |
| Kenya | 0.2 | 3.3 | 8.4 | 6.1 | 4.6 | 5.7 | 5.3 | 5.6 | 6.0 | 5.3 | 5.0 |
| Papua New Guinea | 3.6 | 2.9 | 11.6 | 3.7 | 6.1 | 4.7 | 7.4 | 6.6 | 2.5 | 3.0 | 5.2 |
| Cªte d'Ivoire | 2.5 | 3.3 | 2.0 | -4.2 | 10.1 | 9.3 | 8.8 | 9.0 | 7.5 | 6.9 | 5.4 |
| Djibouti | 5.8 | 1.6 | 4.1 | 7.3 | 4.8 | 5.0 | 6.0 | 6.5 | 6.5 | 7.0 | 5.5 |
| Burkina Faso | 5.8 | 3.0 | 8.4 | 6.6 | 6.5 | 5.7 | 4.2 | 4.0 | 5.4 | 6.1 | 5.6 |
| Philippines | 4.2 | 1.1 | 7.6 | 3.7 | 6.7 | 7.1 | 6.2 | 5.9 | 6.8 | 6.8 | 5.6 |
| Indonesia | 7.4 | 4.7 | 6.4 | 6.2 | 6.0 | 5.6 | 5.0 | 4.9 | 5.0 | 5.1 | 5.6 |
| Niger | 9.7 | -0.7 | 8.4 | 2.2 | 11.9 | 5.3 | 7.1 | 3.5 | 4.6 | 5.2 | 5.6 |
| Sri Lanka | 6.0 | 3.5 | 8.0 | 8.4 | 9.1 | 3.4 | 4.9 | 4.8 | 4.3 | 4.5 | 5.7 |
| Iraq | 8.2 | 3.4 | 6.4 | 7.5 | 13.9 | 7.6 | 0.7 | 4.8 | 10.1 | -3.1 | 5.9 |
| Uganda | 10.4 | 8.1 | 7.7 | 6.8 | 2.6 | 4.0 | 5.2 | 5.0 | 4.7 | 5.0 | 5.9 |
| Zambia | 7.8 | 9.2 | 10.3 | 5.6 | 7.6 | 5.1 | 4.7 | 2.9 | 3.0 | 3.5 | 5.9 |
| Vietnam | 5.7 | 5.4 | 6.4 | 6.2 | 5.2 | 5.4 | 6.0 | 6.7 | 6.2 | 6.5 | 6.0 |
| Democratic Republic of the Congo | 6.2 | 2.9 | 7.1 | 6.9 | 7.1 | 8.5 | 9.5 | 6.9 | 2.4 | 2.8 | 6.0 |
| Cambodia | 6.7 | 2.1 | 3.9 | 7.1 | 7.3 | 7.4 | 7.1 | 7.0 | 7.0 | 6.9 | 6.2 |
| Bangladesh | 5.5 | 5.3 | 6.0 | 6.5 | 6.3 | 6.0 | 6.3 | 6.8 | 6.9 | 6.9 | 6.3 |
| Afghanistan | 3.9 | 20.6 | 8.4 | 6.5 | 14.0 | 3.9 | 1.3 | 0.8 | 2.0 | 3.0 | 6.3 |
| Mozambique | 6.9 | 6.4 | 6.7 | 7.1 | 7.2 | 7.1 | 7.4 | 6.6 | 3.4 | 4.5 | 6.3 |
| Mongolia | 7.8 | -2.1 | 7.3 | 17.3 | 12.3 | 11.6 | 7.9 | 2.4 | 1.0 | -0.2 | 6.4 |
| Myanmar | 3.6 | 5.1 | 5.3 | 5.6 | 7.3 | 8.4 | 8.0 | 7.3 | 6.3 | 7.5 | 6.4 |
| Tajikistan | 7.9 | 3.9 | 6.5 | 7.4 | 7.5 | 7.4 | 6.7 | 6.0 | 6.9 | 4.5 | 6.5 |
| Tanzania | 5.6 | 5.4 | 6.4 | 7.9 | 5.1 | 7.3 | 7.0 | 7.0 | 6.6 | 6.8 | 6.5 |
| Panama | 8.6 | 1.6 | 5.8 | 11.8 | 9.2 | 6.6 | 6.1 | 5.8 | 5.0 | 5.8 | 6.6 |
| Bhutan | 10.8 | 5.7 | 9.3 | 9.7 | 6.4 | 3.6 | 4.0 | 6.1 | 6.2 | 5.9 | 6.7 |
| Ghana | 9.1 | 4.8 | 7.9 | 14.0 | 9.3 | 7.3 | 4.0 | 3.9 | 4.0 | 5.8 | 7.0 |
| India | 3.9 | 8.5 | 10.3 | 6.6 | 5.5 | 6.5 | 7.2 | 7.9 | 6.8 | 7.2 | 7.0 |
| Timor-Leste | 14.2 | 13.0 | 10.2 | 8.3 | 5.8 | 2.9 | 5.9 | 4.3 | 5.0 | 4.0 | 7.3 |
| Rwanda | 11.2 | 6.3 | 7.3 | 7.8 | 8.8 | 4.7 | 7.6 | 8.9 | 5.9 | 6.1 | 7.4 |
| Lao P.D.R. | 7.8 | 7.5 | 8.1 | 8.0 | 7.9 | 8.0 | 8.0 | 7.5 | 6.9 | 6.8 | 7.6 |
| Uzbekistan | 9.0 | 8.1 | 8.5 | 8.3 | 8.2 | 8.0 | 8.1 | 8.0 | 7.8 | 6.0 | 8.0 |
| China | 9.6 | 9.2 | 10.6 | 9.5 | 7.9 | 7.8 | 7.3 | 6.9 | 6.7 | 6.6 | 8.2 |
| Qatar | 17.7 | 12.0 | 18.1 | 13.4 | 4.7 | 4.4 | 4.0 | 3.6 | 2.7 | 3.4 | 8.2 |
| Turkmenistan | 14.7 | 6.1 | 9.2 | 14.7 | 11.1 | 10.2 | 10.3 | 6.5 | 6.2 | 6.5 | 9.5 |
| Ethiopia | 11.2 | 10.0 | 10.6 | 11.4 | 8.7 | 9.9 | 10.3 | 10.4 | 8.0 | 7.5 | 9.8 |
| Nauru | 34.4 | 8.7 | 13.6 | 11.7 | 10.1 | 34.2 | 36.5 | 2.8 | 10.4 | 4.0 | 16.0 |
| Syria | 4.5 | 5.9 | 3.4 | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
Click To View Countries With The Highest GDP Growth
Countries With Lowest GDP Growth in 2015
Of the 189 countries around the world whose GDPs are tracked by the International Monetary Fund (IMF), San Marino, Greece, the Central African Republic and Italy have been posting the worst average growth in the decade between 2006 and 2015, having taken a particularly hard hit in the global downturn that started in earnest in 2007. Newly established South Sudan actually registered the lowest average GDP growth of all, because of the rocky start of this experiment.
The top of the ranking of countries with the lowest average GDP growth largely comprises members of the European Union, especially those in the so-called periphery – not only Greece and Italy, but also Croatia, Portugal, Cyprus, Spain -- as well as many island nations from both the Caribbean, like Jamaica (11th) and Barbados (13th,) and the Pacific Ocean, such as Palau and Micronesia (respectively 9th and 12th).
Countries in Europe continue to suffer the effects of the global financial crisis and the resulting sovereign debt crisis across the Eurozone. Italy has been in a recession for 11 of the past 12 quarters. Greece’s economy started contracting, if slightly, in 2008 and only in 2014 it seems to have stopped its increasingly rapid downward spiral, with a meager but still positive 0.6% growth.
In Africa, the Central African Republic posted a huge economic contraction in 2013 in the midst of continued political instability due to an ongoing civil war.
Overall, “downside risks have increased since the spring,” writes the IMF in its latest World Economic Outlook report from October 2014. “Short term risks include a worsening of geopolitical tensions and a reversal of recent risk spread and volatility compression in financial markets. Medium-term risks include stagnation and low potential growth in advanced economies and a decline in potential growth in emerging markets.”
GDP Growth By Country
Sorted By Average % GDP Growth
Country |
2006 |
2007 |
2008 |
2009 |
2010 |
2011 |
2012 |
2013 |
2014 |
2015 |
Avg. %
|
|---|---|---|---|---|---|---|---|---|---|---|---|
| South Sudan | n/a | n/a | n/a | n/a | n/a | n/a | -47.6 | 27.1 | -12.3 | 19.0 | -3.4 |
| San Marino | 3.8 | 7.1 | 3.4 | -9.5 | -5.0 | -8.5 | -5.1 | -3.2 | 0.0 | 2.2 | -1.5 |
| Greece | 5.5 | 3.5 | -0.2 | -3.1 | -4.9 | -7.1 | -7.0 | -3.9 | 0.6 | 2.9 | -1.4 |
| 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 |
| Italy | 2.2 | 1.7 | -1.2 | -5.5 | 1.7 | 0.5 | -2.4 | -1.9 | -0.2 | 0.9 | -0.4 |
| Grenada | -4.0 | 6.1 | 0.9 | -6.6 | -0.5 | 0.8 | -1.8 | 1.5 | 1.1 | 1.2 | -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 |
| Portugal | 1.4 | 2.4 | 0.0 | -2.9 | 1.9 | -1.3 | -3.2 | -1.4 | 1.0 | 1.5 | -0.1 |
| Palau | -1.4 | 1.7 | -5.5 | -10.7 | 3.2 | 5.2 | 5.5 | -0.2 | 1.8 | 2.2 | 0.2 |
| Cyprus | 4.1 | 5.1 | 3.6 | -1.9 | 1.3 | 0.4 | -2.4 | -5.4 | -3.2 | 0.4 | 0.2 |
| Jamaica | 2.9 | 1.4 | -0.8 | -3.4 | -1.5 | 1.4 | -0.5 | 0.2 | 1.1 | 1.8 | 0.3 |
| Micronesia | -0.2 | -2.1 | -2.6 | 1.0 | 2.5 | 2.1 | 0.4 | 0.6 | 0.6 | 0.6 | 0.3 |
| Barbados | 5.7 | 1.7 | 0.3 | -4.1 | 0.2 | 0.8 | 0.0 | -0.3 | -0.6 | 0.5 | 0.4 |
| Denmark | 3.4 | 1.6 | -0.8 | -5.7 | 1.4 | 1.1 | -0.4 | 0.4 | 1.5 | 1.8 | 0.4 |
| Spain | 4.1 | 3.5 | 0.9 | -3.8 | -0.2 | 0.1 | -1.6 | -1.2 | 1.3 | 1.7 | 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 |
| Hungary | 3.9 | 0.1 | 0.9 | -6.8 | 1.1 | 1.6 | -1.7 | 1.1 | 2.8 | 2.3 | 0.5 |
| Finland | 4.1 | 5.2 | 0.7 | -8.3 | 3.0 | 2.6 | -1.5 | -1.2 | -0.2 | 0.9 | 0.5 |
| Japan | 1.7 | 2.2 | -1.0 | -5.5 | 4.7 | -0.5 | 1.5 | 1.5 | 0.9 | 0.8 | 0.6 |
| Ukraine | 7.3 | 7.9 | 2.3 | -14.8 | 4.1 | 5.2 | 0.3 | 0.0 | -6.5 | 1.0 | 0.7 |
| Samoa | 1.9 | 1.1 | 2.9 | -6.4 | -1.7 | 5.2 | 1.5 | -1.1 | 2.0 | 2.2 | 0.7 |
| France | 2.4 | 2.4 | 0.2 | -2.9 | 2.0 | 2.1 | 0.3 | 0.3 | 0.4 | 1.0 | 0.8 |
| Slovenia | 5.7 | 6.9 | 3.3 | -7.8 | 1.2 | 0.6 | -2.6 | -1.0 | 1.4 | 1.4 | 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 |
| 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 |
| St. Lucia | 8.7 | -0.4 | 3.4 | 0.6 | -0.2 | 1.3 | -1.3 | -2.3 | -1.1 | 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 |
| Belgium | 2.7 | 2.9 | 1.0 | -2.8 | 2.3 | 1.8 | -0.1 | 0.2 | 1.0 | 1.4 | 1.0 |
| Ireland | 5.5 | 4.9 | -2.6 | -6.4 | -0.3 | 2.8 | -0.3 | 0.2 | 3.6 | 3.0 | 1.0 |
| United Kingdom | 2.8 | 3.4 | -0.8 | -5.2 | 1.7 | 1.1 | 0.3 | 1.7 | 3.2 | 2.7 | 1.1 |
| Norway | 2.3 | 2.7 | 0.1 | -1.6 | 0.5 | 1.3 | 2.9 | 0.6 | 1.8 | 1.9 | 1.2 |
| 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 |
| 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 |
| Tonga | -2.8 | -1.4 | 2.6 | 3.3 | 3.1 | 1.8 | 0.5 | 0.8 | 2.4 | 3.0 | 1.3 |
| Serbia | 3.6 | 5.4 | 3.8 | -3.5 | 1.0 | 1.6 | -1.5 | 2.5 | -0.5 | 1.0 | 1.3 |
| Austria | 3.7 | 3.7 | 1.4 | -3.8 | 1.8 | 2.8 | 0.9 | 0.3 | 1.0 | 1.9 | 1.4 |
| Brunei Darussalam | 4.4 | 0.2 | -1.9 | -1.8 | 2.6 | 3.4 | 0.9 | -1.8 | 5.3 | 3.0 | 1.4 |
| Germany | 3.9 | 3.4 | 0.8 | -5.1 | 3.9 | 3.4 | 0.9 | 0.5 | 1.4 | 1.5 | 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 |
| United States | 2.7 | 1.8 | -0.3 | -2.8 | 2.5 | 1.6 | 2.3 | 2.2 | 2.2 | 3.1 | 1.5 |
| El Salvador | 3.9 | 3.8 | 1.3 | -3.1 | 1.4 | 2.2 | 1.9 | 1.7 | 1.7 | 1.8 | 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 |
| Marshall Islands | 1.9 | 3.8 | -2.0 | -1.8 | 5.9 | 0.6 | 3.2 | 0.8 | 3.2 | 1.7 | 1.7 |
| Canada | 2.6 | 2.0 | 1.2 | -2.7 | 3.4 | 2.5 | 1.7 | 2.0 | 2.3 | 2.4 | 1.7 |
| Eritrea | -1.0 | 1.4 | -9.8 | 3.9 | 2.2 | 8.7 | 7.0 | 1.3 | 2.0 | 2.1 | 1.8 |
| Switzerland | 3.8 | 3.8 | 2.2 | -1.9 | 3.0 | 1.8 | 1.0 | 1.9 | 1.3 | 1.6 | 1.8 |
| Czech Republic | 7.0 | 5.7 | 3.1 | -4.5 | 2.5 | 1.8 | -1.0 | -0.9 | 2.5 | 2.5 | 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 |
| Sweden | 4.3 | 3.3 | -0.6 | -5.0 | 6.6 | 2.9 | 0.9 | 1.6 | 2.1 | 2.7 | 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 |
| Fiji | 1.9 | -0.9 | 1.0 | -1.4 | 3.0 | 2.7 | 1.8 | 4.6 | 3.8 | 2.5 | 1.9 |
| Latvia | 11.0 | 10.0 | -2.8 | -17.7 | -1.3 | 5.3 | 5.2 | 4.1 | 2.7 | 3.2 | 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 |
| Swaziland | 3.3 | 3.5 | 2.4 | 1.3 | 1.9 | -0.6 | 1.9 | 2.8 | 2.1 | 2.0 | 2.0 |
| Bulgaria | 6.5 | 6.4 | 6.2 | -5.5 | 0.4 | 1.8 | 0.6 | 0.9 | 1.4 | 2.0 | 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 |
| 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 |
| 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 |
| Malta | 2.6 | 4.1 | 3.9 | -2.8 | 4.3 | 1.4 | 1.1 | 2.9 | 2.2 | 2.2 | 2.2 |
| 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 |
| Yemen | 3.2 | 3.3 | 3.6 | 3.9 | 7.7 | -12.7 | 2.4 | 4.8 | 1.9 | 4.6 | 2.3 |
| Comoros | 1.2 | 0.8 | 0.4 | 1.8 | 2.2 | 2.5 | 3.0 | 3.5 | 3.9 | 3.9 | 2.3 |
| Haiti | 2.2 | 3.3 | 0.8 | 3.1 | -5.5 | 5.5 | 2.9 | 4.3 | 3.8 | 3.7 | 2.4 |
| Belize | 4.7 | 1.2 | 3.8 | 0.3 | 3.1 | 2.1 | 4.0 | 0.7 | 2.0 | 2.5 | 2.4 |
| Tuvalu | 2.9 | 6.4 | 8.0 | -4.4 | -2.7 | 8.5 | 0.2 | 1.3 | 2.2 | 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 |
| Romania | 7.9 | 6.3 | 7.3 | -6.6 | -1.1 | 2.3 | 0.6 | 3.5 | 2.4 | 2.5 | 2.5 |
| Venezuela | 9.9 | 8.8 | 5.3 | -3.2 | -1.5 | 4.2 | 5.6 | 1.3 | -3.0 | -1.0 | 2.6 |
| Lithuania | 7.8 | 9.8 | 2.9 | -14.8 | 1.6 | 6.0 | 3.7 | 3.3 | 3.0 | 3.3 | 2.7 |
| Guinea | 2.5 | 1.8 | 4.9 | -0.3 | 1.9 | 3.9 | 3.8 | 2.3 | 2.5 | 4.1 | 2.7 |
| Kuwait | 7.5 | 6.0 | 2.5 | -7.1 | -2.4 | 10.2 | 8.3 | -0.4 | 1.4 | 1.8 | 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 |
| South Africa | 5.6 | 5.5 | 3.6 | -1.5 | 3.1 | 3.6 | 2.5 | 1.9 | 1.4 | 2.3 | 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 |
| Russia | 8.2 | 8.5 | 5.2 | -7.8 | 4.5 | 4.3 | 3.4 | 1.3 | 0.2 | 0.5 | 2.8 |
| Madagascar | 5.4 | 6.5 | 7.2 | -3.5 | 0.1 | 1.5 | 2.5 | 2.4 | 3.0 | 4.0 | 2.9 |
| Algeria | 1.7 | 3.4 | 2.4 | 1.6 | 3.6 | 2.8 | 3.3 | 2.8 | 3.8 | 4.0 | 2.9 |
| Guinea-Bissau | 2.3 | 3.2 | 3.2 | 3.3 | 4.4 | 9.0 | -2.2 | 0.3 | 2.6 | 4.0 | 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 |
| FYR Macedonia | 5.0 | 6.1 | 5.0 | -0.9 | 2.9 | 2.8 | -0.4 | 2.9 | 3.4 | 3.6 | 3.0 |
| Tunisia | 5.7 | 6.3 | 4.5 | 3.1 | 2.6 | -1.9 | 3.7 | 2.3 | 2.8 | 3.7 | 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 |
| Thailand | 5.1 | 5.0 | 2.5 | -2.3 | 7.8 | 0.1 | 6.5 | 2.9 | 1.0 | 4.6 | 3.3 |
| Sudan | 8.9 | 8.5 | 3.0 | 4.7 | 3.0 | -1.2 | -2.7 | 3.3 | 3.0 | 3.7 | 3.4 |
| Honduras | 6.6 | 6.2 | 4.2 | -2.4 | 3.7 | 3.8 | 3.9 | 2.6 | 3.0 | 3.1 | 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 |
| Cabo Verde | 9.1 | 9.2 | 6.7 | -1.3 | 1.5 | 4.0 | 1.2 | 0.5 | 1.0 | 3.0 | 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 |
| Senegal | 2.5 | 4.9 | 3.7 | 2.4 | 4.2 | 1.7 | 3.4 | 3.5 | 4.5 | 4.6 | 3.5 |
| 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 |
| Nicaragua | 4.2 | 5.3 | 2.9 | -2.8 | 3.3 | 5.7 | 5.0 | 4.6 | 4.0 | 4.0 | 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 |
| Taiwan | 5.4 | 6.0 | 0.7 | -1.8 | 10.8 | 4.2 | 1.5 | 2.1 | 3.5 | 3.8 | 3.6 |
| Guatemala | 5.4 | 6.3 | 3.3 | 0.5 | 2.9 | 4.2 | 3.0 | 3.7 | 3.4 | 3.7 | 3.6 |
| Moldova | 4.8 | 3.0 | 7.8 | -6.0 | 7.1 | 6.8 | -0.7 | 8.9 | 1.8 | 3.5 | 3.7 |
| Korea | 5.2 | 5.5 | 2.8 | 0.7 | 6.5 | 3.7 | 2.3 | 3.0 | 3.7 | 4.0 | 3.7 |
| Turkey | 6.9 | 4.7 | 0.7 | -4.8 | 9.2 | 8.8 | 2.1 | 4.1 | 3.0 | 3.0 | 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 |
| Argentina | 8.4 | 8.0 | 3.1 | 0.1 | 9.1 | 8.6 | 0.9 | 2.9 | -1.7 | -1.5 | 3.8 |
| Poland | 6.2 | 6.8 | 5.1 | 1.6 | 3.9 | 4.5 | 2.0 | 1.6 | 3.2 | 3.3 | 3.8 |
| Gabon | -1.9 | 6.3 | 1.7 | -2.3 | 6.3 | 6.9 | 5.5 | 5.6 | 5.1 | 5.4 | 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 |
| Israel | 5.8 | 6.3 | 3.5 | 1.9 | 5.8 | 4.2 | 3.0 | 3.2 | 2.5 | 2.8 | 3.9 |
| Cameroon | 3.2 | 3.3 | 2.9 | 1.9 | 3.3 | 4.1 | 4.6 | 5.5 | 5.1 | 5.2 | 3.9 |
| Chile | 5.8 | 5.2 | 3.2 | -1.0 | 5.7 | 5.8 | 5.5 | 4.2 | 2.0 | 3.3 | 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 |
| Mali | 5.3 | 4.3 | 5.0 | 4.5 | 5.8 | 2.7 | 0.0 | 1.7 | 5.9 | 4.8 | 4.0 |
| Mauritius | 4.5 | 5.9 | 5.5 | 3.0 | 4.1 | 3.9 | 3.2 | 3.2 | 3.3 | 3.9 | 4.1 |
| Solomon Islands | 4.0 | 6.4 | 7.1 | -4.7 | 7.8 | 10.7 | 3.8 | 3.0 | 0.1 | 3.5 | 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 |
| 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 |
| Egypt | 6.8 | 7.1 | 7.2 | 4.7 | 5.1 | 1.8 | 2.2 | 2.1 | 2.2 | 3.5 | 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 |
| Suriname | 5.8 | 5.1 | 4.1 | 3.0 | 4.2 | 5.3 | 4.8 | 4.1 | 3.3 | 3.8 | 4.3 |
| Benin | 3.8 | 4.6 | 5.0 | 2.7 | 2.6 | 3.3 | 5.4 | 5.6 | 5.5 | 5.2 | 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 |
| Libya | 6.5 | 6.4 | 2.7 | -0.8 | 5.0 | -62.1 | 104.5 | -13.6 | -19.8 | 15.0 | 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 |
| Seychelles | 9.4 | 10.4 | -2.1 | -1.1 | 5.9 | 7.9 | 2.8 | 3.5 | 3.7 | 3.8 | 4.4 |
| Guyana | 5.1 | 7.0 | 2.0 | 3.3 | 4.4 | 5.4 | 4.8 | 5.2 | 3.3 | 3.8 | 4.4 |
| Morocco | 7.8 | 2.7 | 5.6 | 4.8 | 3.6 | 5.0 | 2.7 | 4.4 | 3.5 | 4.7 | 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 |
| Namibia | 7.1 | 5.4 | 3.4 | -1.1 | 6.3 | 5.7 | 5.0 | 4.3 | 4.3 | 4.5 | 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 |
| The Gambia | 1.1 | 3.6 | 5.7 | 6.5 | 6.5 | -4.3 | 5.3 | 6.3 | 7.4 | 7.0 | 4.5 |
| Bahrain | 6.5 | 8.3 | 6.2 | 2.5 | 4.3 | 2.1 | 3.4 | 5.3 | 3.9 | 2.9 | 4.5 |
| Botswana | 8.0 | 8.7 | 3.9 | -7.8 | 8.6 | 6.2 | 4.3 | 5.9 | 4.4 | 4.2 | 4.6 |
| Kyrgyz Republic | 3.1 | 8.5 | 7.6 | 2.9 | -0.5 | 6.0 | -0.9 | 10.5 | 4.1 | 4.9 | 4.6 |
| Jordan | 8.1 | 8.2 | 7.2 | 5.5 | 2.3 | 2.6 | 2.7 | 2.9 | 3.5 | 4.0 | 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 |
| Belarus | 10.0 | 8.7 | 10.3 | 0.1 | 7.7 | 5.5 | 1.7 | 0.9 | 0.9 | 1.5 | 4.7 |
| Lebanon | 1.6 | 9.4 | 9.1 | 10.3 | 8.0 | 2.0 | 2.5 | 1.5 | 1.8 | 2.5 | 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 |
| Syria | 5.0 | 5.7 | 4.5 | 5.9 | 3.4 | n/a | n/a | n/a | n/a | n/a | 4.9 |
| Malaysia | 5.6 | 6.3 | 4.8 | -1.5 | 7.4 | 5.2 | 5.6 | 4.7 | 5.9 | 5.2 | 4.9 |
| Djibouti | 4.8 | 5.1 | 5.8 | 5.0 | 3.5 | 4.5 | 4.8 | 5.0 | 5.5 | 5.5 | 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 |
| Mauritania | 11.4 | 1.0 | 3.5 | -1.2 | 4.3 | 4.0 | 7.0 | 6.7 | 6.8 | 6.8 | 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 |
| Oman | 5.4 | 4.5 | 8.2 | 6.1 | 4.8 | 4.1 | 5.8 | 4.8 | 3.4 | 3.4 | 5.0 |
| 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 |
| Paraguay | 4.8 | 5.4 | 6.4 | -4.0 | 13.1 | 4.3 | -1.2 | 13.6 | 4.0 | 4.5 | 5.1 |
| Dominican Republic | 10.7 | 8.5 | 3.1 | 0.9 | 8.3 | 2.9 | 2.7 | 4.6 | 5.3 | 4.2 | 5.1 |
| Kenya | 5.6 | 8.0 | -0.4 | 2.6 | 8.6 | 7.6 | 4.6 | 4.6 | 5.3 | 6.2 | 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 |
| Iraq | 10.2 | 1.4 | 6.6 | 5.8 | 5.5 | 10.2 | 10.3 | 4.2 | -2.7 | 1.5 | 5.3 |
| Georgia | 9.4 | 12.3 | 2.3 | -3.8 | 6.3 | 7.2 | 6.2 | 3.2 | 5.0 | 5.0 | 5.3 |
| Chad | 0.6 | 3.3 | 3.1 | 4.2 | 13.6 | 0.1 | 8.9 | 3.9 | 9.6 | 6.7 | 5.4 |
| Niger | 5.8 | 3.2 | 9.7 | -0.7 | 8.4 | 2.3 | 11.1 | 4.1 | 6.3 | 4.9 | 5.5 |
| Philippines | 5.2 | 6.6 | 4.2 | 1.1 | 7.6 | 3.7 | 6.8 | 7.2 | 6.2 | 6.3 | 5.5 |
| 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 |
| Saudi Arabia | 5.6 | 6.0 | 8.4 | 1.8 | 7.4 | 8.6 | 5.8 | 4.0 | 4.6 | 4.5 | 5.7 |
| Indonesia | 5.5 | 6.3 | 6.0 | 4.6 | 6.2 | 6.5 | 6.3 | 5.8 | 5.2 | 5.5 | 5.8 |
| Malawi | 2.1 | 9.5 | 8.3 | 9.0 | 6.5 | 4.3 | 1.9 | 5.2 | 5.7 | 6.0 | 5.9 |
| Kazakhstan | 10.7 | 8.9 | 3.3 | 1.2 | 7.3 | 7.5 | 5.0 | 6.0 | 4.6 | 4.7 | 5.9 |
| Vietnam | 7.0 | 7.1 | 5.7 | 5.4 | 6.4 | 6.2 | 5.2 | 5.4 | 5.5 | 5.6 | 6.0 |
| Peru | 7.5 | 8.5 | 9.1 | 1.0 | 8.5 | 6.5 | 6.0 | 5.8 | 3.6 | 5.1 | 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 |
| Bangladesh | 6.5 | 6.3 | 6.0 | 5.7 | 6.0 | 6.5 | 6.3 | 6.1 | 6.2 | 6.4 | 6.2 |
| Uganda | 7.0 | 8.1 | 10.4 | 4.1 | 6.2 | 6.2 | 2.8 | 5.8 | 5.9 | 6.3 | 6.3 |
| Sri Lanka | 7.7 | 6.8 | 6.0 | 3.5 | 8.0 | 8.2 | 6.3 | 7.3 | 7.0 | 6.5 | 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 |
| 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 |
| Tanzania | 6.7 | 7.1 | 7.4 | 6.0 | 7.0 | 6.4 | 6.9 | 7.0 | 7.2 | 7.0 | 6.9 |
| Liberia | 8.2 | 12.7 | 6.0 | 5.1 | 6.1 | 7.5 | 8.3 | 8.7 | 2.5 | 4.5 | 6.9 |
| India | 9.3 | 9.8 | 3.9 | 8.5 | 10.3 | 6.6 | 4.7 | 5.0 | 5.6 | 6.4 | 7.0 |
| Cambodia | 10.8 | 10.2 | 6.7 | 0.1 | 6.1 | 7.1 | 7.3 | 7.4 | 7.2 | 7.3 | 7.0 |
| Maldives | 19.6 | 10.2 | 10.9 | 4.5 | 7.1 | 6.5 | 0.9 | 3.7 | 4.5 | 4.3 | 7.2 |
| Ghana | 6.1 | 6.5 | 8.4 | 4.0 | 8.0 | 15.0 | 8.8 | 7.1 | 4.5 | 4.7 | 7.3 |
| Rwanda | 9.2 | 7.6 | 11.2 | 6.2 | 6.3 | 7.5 | 8.8 | 4.7 | 6.0 | 6.7 | 7.4 |
| Mozambique | 8.7 | 7.3 | 6.8 | 6.3 | 7.1 | 7.3 | 7.2 | 7.1 | 8.3 | 8.2 | 7.4 |
| Nigeria | 8.8 | 9.6 | 8.6 | 9.6 | 10.6 | 4.9 | 4.3 | 5.4 | 7.0 | 7.3 | 7.6 |
| Zambia | 7.9 | 8.4 | 7.8 | 9.2 | 10.3 | 6.4 | 6.8 | 6.7 | 6.5 | 7.2 | 7.7 |
| Myanmar | 13.1 | 12.0 | 3.6 | 5.1 | 5.3 | 5.9 | 7.3 | 8.3 | 8.5 | 8.5 | 7.8 |
| 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 |
| 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 |
| Uzbekistan | 7.5 | 9.5 | 9.0 | 8.1 | 8.5 | 8.3 | 8.2 | 8.0 | 7.0 | 6.5 | 8.1 |
| Bhutan | 7.0 | 12.6 | 10.8 | 5.7 | 9.3 | 10.1 | 6.5 | 5.0 | 6.4 | 7.6 | 8.1 |
| Afghanistan | 5.4 | 13.3 | 3.9 | 20.6 | 8.4 | 6.5 | 14.0 | 3.6 | 3.2 | 4.5 | 8.3 |
| Timor-Leste | -5.7 | 11.4 | 14.2 | 13.0 | 9.4 | 14.7 | 7.8 | 5.4 | 6.6 | 6.8 | 8.4 |
| Panama | 8.5 | 12.1 | 10.1 | 3.9 | 7.5 | 10.9 | 10.8 | 8.4 | 6.6 | 6.4 | 8.5 |
| Sierra Leone | 4.2 | 8.0 | 5.2 | 3.2 | 5.3 | 6.0 | 15.2 | 20.1 | 8.0 | 9.9 | 8.5 |
| Angola | 20.7 | 22.6 | 13.8 | 2.4 | 3.4 | 3.9 | 5.2 | 6.8 | 3.9 | 5.9 | 8.9 |
| Mongolia | 8.6 | 10.2 | 8.9 | -1.3 | 6.4 | 17.5 | 12.4 | 11.7 | 9.1 | 8.4 | 9.2 |
| China | 12.7 | 14.2 | 9.6 | 9.2 | 10.4 | 9.3 | 7.7 | 7.7 | 7.4 | 7.1 | 9.5 |
| Azerbaijan | 34.5 | 25.0 | 10.8 | 9.3 | 5.0 | 0.1 | 2.2 | 5.8 | 4.5 | 4.3 | 10.1 |
| Ethiopia | 11.5 | 11.8 | 11.2 | 10.0 | 10.6 | 11.4 | 8.8 | 9.7 | 8.2 | 8.5 | 10.2 |
| Turkmenistan | 11.0 | 11.1 | 14.7 | 6.1 | 9.2 | 14.7 | 11.1 | 10.2 | 10.1 | 11.5 | 11.0 |
| Qatar | 26.2 | 18.0 | 17.7 | 12.0 | 16.7 | 13.0 | 6.1 | 6.5 | 6.5 | 7.7 | 13.0 |
Click To View Countries With The Lowest GDP Growth
Sources
- Beyond GDP Project
- Beyond GDP - Report by the Commission on the Measurement of Economic Performance and Social Progress
- Definition of GDP-OECD
- GDP-Investopedia
- GDP-Wikipedia
- 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)
- IMF Homepage
- 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)
- Principles of Economics, by N. Gregory Mankiw (South-Western, Div. of Thomson Learning, 2003)
- The Economist – Focus: World GDP 2013
- WEO Database October 2014-IMF
- Wikipedia – Definition of GDP
- World Bank – Comparing Levels of Development
- World Economic Outlook (WEO) database, October 2012
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