World GDP

In 2022, Guyana emerged as the standout country with the highest GDP growth in the world, boasting an astonishing rate of 57.80%. This impressive economic surge not only solidified Guyana's position as an emerging powerhouse in the global market but also brought tremendous prosperity to its citizens. Simultaneously, the country's GDP per capita witnessed substantial growth at an impressive rate of 56.99%, reflecting a remarkable improvement in the standard of living for its people. Following closely behind, Cabo Verde secured the second-highest spot, achieving a commendable 17.71% GDP growth rate and a notable 16.68% GDP per capita growth rate. These remarkable performances by Guyana and Cabo Verde are indicative of their successful economic policies and development strategies, fueling optimism for a brighter and more prosperous future.

World GDP 2022(Worldbank Estimates)

As of the latest available data, Macao SAR has experienced the unfortunate distinction of holding the title for the world's lowest GDP growth rate at a staggering -26.76%. This economic downturn has posed significant challenges for the region, impacting various sectors and livelihoods. Meanwhile, in 2021, Timor-Leste, another struggling economy, faced its own set of hardships, registering the second-lowest GDP growth rate globally, with a discouraging -17.49%. These figures underscore the need for thoughtful economic policies and international cooperation to uplift and support countries grappling with severe economic setbacks and foster a more stable global financial landscape.