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.

Rank Country GDP Growth GDP Cap Growth
1Guyana57.8056.99
2Cabo Verde17.7116.68
3Fiji16.1215.48
4St. Lucia15.4015.27
5The Bahamas14.3713.79
6Armenia12.6013.03
7Maldives12.3011.80
8Belize12.1310.68
9Ireland11.9710.78
10Niger11.507.44
11Panama10.819.37
12Georgia10.119.99
13Barbados10.009.83
14Sint Maarten (Dutch part)9.708.33
15St. Kitts and Nevis9.008.88
16Democratic Republic of the Congo8.925.50
17Andorra8.817.73
18Seychelles8.807.93
19Saudi Arabia8.747.37
20Mauritius8.699.02
21Malaysia8.697.53
22Antigua and Barbuda8.467.83
23Kuwait8.187.70
24Rwanda8.165.69
25Vietnam8.027.23
26Tajikistan8.005.80
27Philippines7.576.01
28Colombia7.506.76
29United Arab Emirates7.416.55
30Bangladesh7.105.95
31Kyrgyz Republic7.025.27
32Iraq7.014.69
33India7.006.28
34Malta6.855.85
35Cote dIvoire6.744.16
36Portugal6.696.13
37Egypt6.594.93
38Israel6.464.39
39Iceland6.443.83
40Croatia6.337.02
41Benin6.253.42
42Pakistan6.194.20
43Montenegro6.096.62
44Dominica5.945.47
45Greece5.916.66
46Togo5.813.37
47Grenada5.805.10
48Botswana5.784.10
49Uzbekistan5.673.50
50Nepal5.613.84
51Turkiye5.574.87
52Spain5.455.01
53Slovenia5.375.34
54Ethiopia5.322.67
55Indonesia5.314.64
56Argentina5.244.27
57Mauritania5.202.51
58Cambodia5.164.04
59Austria5.003.99
60St. Vincent and the Grenadines4.955.34
61The Gambia4.922.36
62Uruguay4.925.03
63Poland4.875.39
64Bahrain4.864.22
65Dominican Republic4.863.82
66Kenya4.852.86
67Mongolia4.853.29
68Albania4.846.21
69Qatar4.834.56
70Liberia4.812.65
71Somalia4.801.63
72Romania4.795.69
73Zambia4.741.90
74Guinea4.702.23
75Uganda4.651.56
76Azerbaijan4.624.23
77Papua New Guinea4.602.61
78Hungary4.584.86
79Namibia4.563.06
80Netherlands4.483.47
81Costa Rica4.313.76
82Oman4.313.04
83Jamaica4.204.21
84Senegal4.151.51
85Mozambique4.151.33
86Guatemala4.122.63
87United Kingdom4.104.19
88Honduras4.002.46
89West Bank and Gaza3.931.44
90Eswatini3.913.10
91Bosnia and Herzegovina3.905.10
92Denmark3.823.00
93Madagascar3.801.36
94Nicaragua3.752.29
95Mali3.690.53
96Italy3.674.12
97Singapore3.650.27
98Australia3.622.46
99Cameroon3.540.89
100Kosovo3.514.92
101Sierra Leone3.501.27
102Guinea-Bissau3.501.30
103Zimbabwe3.401.33
104Canada3.401.53
105Puerto Rico3.364.67
106Bulgaria3.369.96
107Norway3.282.36
108Nigeria3.250.82
109Belgium3.252.57
110Ghana3.241.26
111Kazakhstan3.20-0.07
112Equatorial Guinea3.150.66
113Algeria3.101.43
114Bolivia3.071.85
115Mexico3.062.42
116Angola3.05-0.10
117Gabon3.040.97
118Myanmar3.002.28
119Djibouti3.001.59
120China2.993.00
121Ecuador2.951.79
122Bermuda2.933.30
123Brazil2.902.43
124Islamic Republic of Iran2.752.02
125Lao P.D.R.2.711.28
126Peru2.681.68
127Sweden2.641.95
128El Salvador2.602.24
129Thailand2.592.46
130France2.562.28
131Korea2.562.79
132Tunisia2.521.75
133Jordan2.501.25
134Trinidad and Tobago2.482.12
135Czech Republic2.462.26
136Chile2.441.86
137Comoros2.390.53
138Nauru2.361.09
139Serbia2.253.37
140Chad2.24-0.90
141New Zealand2.161.90
142North Macedonia2.152.51
143Finland2.081.79
144Switzerland2.061.29
145United States2.061.68
146South Africa2.041.19
147Latvia1.982.04
148Lithuania1.890.73
149Suriname1.891.05
150Burundi1.85-0.82
151Vanuatu1.85-0.52
152Germany1.790.72
153Slovak Republic1.671.96
154Kiribati1.56-0.26
155Republic of Congo1.55-0.74
156Luxembourg1.55-0.12
157Marshall Islands1.502.67
158Burkina Faso1.48-1.09
159Japan1.031.48
160Sao Tome and Principe0.93-0.97
161Malawi0.92-1.63
162Tuvalu0.68-0.28
163Lesotho0.59-0.47
164Paraguay0.08-1.06
165Turks and Caicos Islands-0.50-1.78
166Micronesia-0.62-1.52
167Libya-1.24-2.35
168Estonia-1.29-2.30
169Brunei Darussalam-1.63-2.42
170Haiti-1.68-2.85
171Hong Kong SAR-3.48-2.60
172Solomon Islands-4.06-6.24
173Belarus-4.70-3.73
174Moldova-5.95-5.12
175Samoa-6.02-7.55
176Sri Lanka-7.82-7.93
177Timor-Leste-17.49-18.74
178Macao SAR-26.76-27.66