List of countries by past GDP growth
This is a list of countries by past GDP growth. The list is split into the following decades: 1980s, 1990s, and 2000s. Each decade lists 20 countries with the largest share of contribution to global economic growth in GDP, both nominal and PPP.
1980s
In the 1980s, the European Economic Community and the United States lead expansion. At exchange rates, the global economic output expanded by US$11.5 trillion from 1980 to 1990. The five largest contributors to global output contraction are Argentina, Saudi Arabia, Nigeria, the Democratic Republic of the Congo, and Venezuela. At purchasing power parity, the global economic output expanded by US$13.7 trillion from 1980 to 1990. The following two tables are lists of the 20 largest contributors to global economic growth from 1980 to 1990 by International Monetary Fund.
|
|
1990s
In the 1990s, the United States dominates expansion. At exchange rates, the global economic output expanded by US$10.4 trillion from 1990 to 2000. At purchasing power parity, the global economic output expanded by US$22.0 trillion from 1990 to 2000.
|
|
2000s
In the 2000s, there is a rise of developing and emerging economies. At exchange rates, the global economic output expanded by US$32.0 trillion from 2000 to 2010. At purchasing power parity, the global economic output expanded by US$39.1 trillion from 2000 to 2010. IMF's economic outlook for 2010 noted that banks faced a "wall" of maturing debt, which presents important risks for the normalization of credit conditions. There has been little progress in lengthening the maturity of their funding and, as a result, over $4 trillion in debt is due to be refinanced in the next 2 years.[2]`
While there have been some encouraging signs of economic recovery, especially in the United States, the global economic growth seems to be losing momentum. According to the IMF's World Economic Outlook report published in April 2012, "global growth is projected to drop from about 4 percent in 2011 to about 3½ percent in 2012 because of weak activity during the second half of 2011 and the first half of 2012."[3] The following two tables are lists of the 20 largest contributors to global economic growth from 2000 to 2010 by International Monetary Fund.
|
|
Other
The two maps and the table below are for the years 1990–2015, and are based on the data obtained from the United Nations Statistics Division. 1990 was chosen as a starting year as several new states appeared at that time.
| Country / territory | GDP (billions USD) | Annual GDP growth |
Population (millions) | Annual GDP per capita growth | ||
|---|---|---|---|---|---|---|
| 1990 | 2015 | 1990 | 2015 | |||
| Equatorial Guinea | 0.13 | 13.18 | 20.2% | 0.34 | 1.18 | 14.3% |
| China | 398.62 | 11,226.19 | 14.3% | 1,128.67 | 1,397.03 | 13.3% |
| Vietnam | 6.47 | 191.29 | 14.5% | 66.17 | 93.57 | 12.9% |
| Nicaragua | 0.52 | 12.61 | 13.6% | 4.14 | 6.08 | 11.9% |
| Timor-Leste | 0.15 | 3.10 | 13.0% | 0.74 | 1.24 | 10.7% |
| Cambodia | 0.90 | 18.08 | 12.8% | 9.70 | 15.52 | 10.7% |
| Lebanon | 2.80 | 49.91 | 12.2% | 2.97 | 5.85 | 9.2% |
| Maldives | 0.23 | 4.00 | 12.1% | 0.22 | 0.42 | 9.1% |
| Myanmar | 5.18 | 59.49 | 10.3% | 40.15 | 52.40 | 9.1% |
| Turkmenistan | 3.07 | 35.80 | 10.3% | 3.67 | 5.57 | 8.5% |
| Poland | 62.08 | 477.35 | 8.5% | 38.11 | 38.27 | 8.5% |
| Sri Lanka | 9.47 | 80.41 | 8.9% | 17.11 | 20.71 | 8.1% |
| Suriname | 0.54 | 4.83 | 9.2% | 0.40 | 0.55 | 7.8% |
| Costa Rica | 5.72 | 55.41 | 9.5% | 3.08 | 4.81 | 7.6% |
| Tanzania | 3.43 | 45.63 | 10.9% | 24.81 | 53.88 | 7.5% |
| Dominican Republic | 8.00 | 68.90 | 9.0% | 7.29 | 10.53 | 7.4% |
| Armenia | 2.16 | 10.55 | 6.6% | 3.54 | 2.92 | 7.4% |
| Panama | 5.63 | 54.32 | 9.5% | 2.41 | 3.97 | 7.3% |
| Azerbaijan | 6.51 | 50.84 | 8.6% | 7.21 | 9.62 | 7.3% |
| Haiti | 0.99 | 8.67 | 9.1% | 7.11 | 10.71 | 7.3% |
| Kazakhstan | 29.66 | 184.39 | 7.6% | 16.53 | 17.75 | 7.3% |
| Albania | 2.22 | 11.39 | 6.8% | 3.29 | 2.92 | 7.3% |
| Chile | 33.00 | 243.96 | 8.3% | 13.18 | 17.76 | 7.0% |
| Romania | 38.76 | 177.90 | 6.3% | 23.21 | 19.88 | 6.9% |
| Iraq | 17.17 | 177.72 | 9.8% | 18.51 | 36.12 | 6.9% |
| Lithuania | 9.92 | 41.53 | 5.9% | 3.70 | 2.93 | 6.9% |
| Ecuador | 12.24 | 99.29 | 8.7% | 10.27 | 16.14 | 6.8% |
| Slovakia | 16.57 | 87.55 | 6.9% | 5.26 | 5.44 | 6.7% |
| Laos | 1.74 | 14.36 | 8.8% | 4.08 | 6.66 | 6.7% |
| Bhutan | 0.28 | 2.03 | 8.2% | 0.55 | 0.79 | 6.6% |
| Guatemala | 7.11 | 63.77 | 9.2% | 8.91 | 16.25 | 6.6% |
| Czech Republic | 37.04 | 186.83 | 6.7% | 10.30 | 10.60 | 6.6% |
| Paraguay | 4.90 | 36.16 | 8.3% | 4.25 | 6.64 | 6.4% |
| Estonia | 5.68 | 22.58 | 5.7% | 1.57 | 1.32 | 6.4% |
| Uruguay | 10.27 | 53.28 | 6.8% | 3.11 | 3.43 | 6.4% |
| Peru | 28.32 | 191.60 | 7.9% | 21.76 | 31.38 | 6.4% |
| Guyana | 0.65 | 3.20 | 6.6% | 0.73 | 0.77 | 6.3% |
| Ireland | 48.18 | 290.83 | 7.5% | 3.51 | 4.70 | 6.2% |
| Kyrgyzstan | 1.11 | 6.68 | 7.4% | 4.39 | 5.87 | 6.2% |
| Indonesia | 138.26 | 860.74 | 7.6% | 183.59 | 258.16 | 6.1% |
| Singapore | 38.90 | 304.09 | 8.6% | 3.02 | 5.54 | 6.0% |
| Bolivia | 4.87 | 33.24 | 8.0% | 6.67 | 10.72 | 6.0% |
| Trinidad and Tobago | 5.16 | 24.26 | 6.4% | 1.22 | 1.36 | 5.9% |
| India | 326.61 | 2,102.39 | 7.7% | 860.20 | 1,309.05 | 5.9% |
| South Korea | 279.35 | 1,382.76 | 6.6% | 42.87 | 50.59 | 5.9% |
| Qatar | 7.36 | 161.74 | 13.2% | 0.47 | 2.48 | 5.8% |
| Nigeria | 62.17 | 493.84 | 8.6% | 94.45 | 181.18 | 5.8% |
| Bangladesh | 35.38 | 208.32 | 7.3% | 113.05 | 161.20 | 5.8% |
| Latvia | 8.86 | 26.99 | 4.6% | 2.66 | 1.99 | 5.8% |
| Liberia | 0.38 | 3.16 | 8.8% | 2.14 | 4.50 | 5.6% |
| El Salvador | 4.82 | 23.17 | 6.5% | 5.11 | 6.31 | 5.6% |
| Samoa | 0.18 | 0.80 | 6.2% | 0.16 | 0.19 | 5.5% |
| Eritrea | 0.76 | 4.44 | 7.3% | 3.16 | 4.85 | 5.5% |
| Malaysia | 46.58 | 301.79 | 7.8% | 18.10 | 30.72 | 5.5% |
| Colombia | 55.88 | 293.49 | 6.9% | 34.87 | 48.23 | 5.5% |
| Hungary | 34.36 | 122.82 | 5.2% | 10.36 | 9.78 | 5.5% |
| Saint Kitts and Nevis | 0.20 | 0.94 | 6.3% | 0.04 | 0.05 | 5.4% |
| Nepal | 3.89 | 21.41 | 7.1% | 19.11 | 28.66 | 5.3% |
| Mauritius | 2.71 | 11.69 | 6.0% | 1.06 | 1.26 | 5.3% |
| Philippines | 49.10 | 292.77 | 7.4% | 61.23 | 101.72 | 5.2% |
| Thailand | 88.47 | 401.37 | 6.2% | 54.29 | 68.66 | 5.2% |
| Malta | 2.55 | 10.57 | 5.9% | 0.36 | 0.43 | 5.1% |
| Kuwait | 18.29 | 114.61 | 7.6% | 2.14 | 3.94 | 5.0% |
| Belarus | 18.83 | 56.33 | 4.5% | 10.26 | 9.49 | 4.8% |
| Jordan | 4.16 | 37.57 | 9.2% | 3.25 | 9.16 | 4.8% |
| Angola | 13.74 | 116.19 | 8.9% | 10.53 | 27.86 | 4.8% |
| Venezuela | 48.39 | 242.60 | 6.7% | 19.73 | 31.16 | 4.7% |
| Hong Kong | 76.93 | 309.36 | 5.7% | 5.70 | 7.25 | 4.7% |
| Cape Verde | 0.34 | 1.60 | 6.4% | 0.36 | 0.53 | 4.7% |
| Argentina | 153.21 | 642.46 | 5.9% | 32.58 | 43.42 | 4.7% |
| Grenada | 0.28 | 1.00 | 5.2% | 0.10 | 0.11 | 4.7% |
| Bulgaria | 19.77 | 50.20 | 3.8% | 8.82 | 7.18 | 4.7% |
| Pakistan | 52.43 | 270.56 | 6.8% | 112.99 | 189.38 | 4.6% |
| Luxembourg | 12.68 | 57.81 | 6.3% | 0.38 | 0.57 | 4.6% |
| Turkey | 207.38 | 859.45 | 5.9% | 57.34 | 78.27 | 4.5% |
| Uzbekistan | 14.71 | 66.49 | 6.2% | 20.52 | 30.98 | 4.5% |
| Seychelles | 0.37 | 1.38 | 5.4% | 0.07 | 0.09 | 4.5% |
| Solomon Islands | 0.21 | 1.16 | 7.1% | 0.31 | 0.59 | 4.4% |
| Israel | 58.08 | 299.09 | 6.8% | 4.51 | 8.06 | 4.3% |
| Brazil | 455.17 | 1,800.02 | 5.7% | 149.52 | 205.96 | 4.3% |
| Saudi Arabia | 117.47 | 654.27 | 7.1% | 16.26 | 31.56 | 4.3% |
| Palau | 0.08 | 0.29 | 5.5% | 0.01 | 0.02 | 4.3% |
| New Zealand | 45.77 | 175.77 | 5.5% | 3.41 | 4.61 | 4.3% |
| Mongolia | 3.13 | 11.75 | 5.4% | 2.22 | 2.98 | 4.2% |
| Honduras | 4.17 | 20.98 | 6.7% | 4.89 | 8.96 | 4.1% |
| Taiwan | 166.85 | 525.60 | 4.7% | 20.31 | 23.49 | 4.1% |
| Australia | 323.43 | 1,232.91 | 5.5% | 16.87 | 23.80 | 4.1% |
| Mexico | 290.40 | 1,170.57 | 5.7% | 84.00 | 125.89 | 4.0% |
| Fiji | 1.34 | 4.34 | 4.8% | 0.72 | 0.89 | 4.0% |
| Norway | 119.79 | 386.66 | 4.8% | 4.24 | 5.20 | 3.9% |
| Vanuatu | 0.17 | 0.77 | 6.3% | 0.15 | 0.26 | 3.9% |
| Ethiopia | 12.60 | 64.68 | 6.8% | 51.15 | 99.87 | 3.9% |
| Zambia | 4.09 | 21.24 | 6.8% | 8.12 | 16.10 | 3.9% |
| Kenya | 12.18 | 64.24 | 6.9% | 23.45 | 47.24 | 3.9% |
| Dominica | 0.20 | 0.54 | 4.0% | 0.07 | 0.07 | 3.9% |
| Chad | 1.83 | 10.95 | 7.4% | 6.11 | 14.01 | 3.9% |
| Lesotho | 0.67 | 2.35 | 5.2% | 1.60 | 2.17 | 3.9% |
| Oman | 11.69 | 68.92 | 7.4% | 1.84 | 4.20 | 3.9% |
| Kiribati | 0.04 | 0.17 | 5.6% | 0.07 | 0.11 | 3.8% |
| Bosnia and Herzegovina | 7.75 | 16.21 | 3.0% | 4.31 | 3.54 | 3.8% |
| Sierra Leone | 0.95 | 4.25 | 6.2% | 4.09 | 7.24 | 3.8% |
| Jamaica | 4.66 | 14.15 | 4.5% | 2.37 | 2.87 | 3.7% |
| Russia | 569.71 | 1,368.40 | 3.6% | 148.61 | 143.89 | 3.7% |
| United States | 5,963.13 | 18,219.30 | 4.6% | 256.10 | 319.93 | 3.6% |
| Namibia | 2.84 | 11.78 | 5.9% | 1.42 | 2.43 | 3.6% |
| Morocco | 30.18 | 101.18 | 5.0% | 25.03 | 34.80 | 3.6% |
| Portugal | 79.45 | 199.52 | 3.8% | 9.98 | 10.42 | 3.6% |
| Saint Lucia | 0.52 | 1.62 | 4.7% | 0.14 | 0.18 | 3.6% |
| Tonga | 0.15 | 0.41 | 4.1% | 0.09 | 0.11 | 3.5% |
| Botswana | 3.80 | 14.45 | 5.5% | 1.37 | 2.21 | 3.5% |
| Tunisia | 13.47 | 43.15 | 4.8% | 8.22 | 11.27 | 3.5% |
| Djibouti | 0.46 | 1.73 | 5.5% | 0.56 | 0.93 | 3.3% |
| Georgia | 8.53 | 14.00 | 2.0% | 5.46 | 3.95 | 3.3% |
| Barbados | 2.02 | 4.73 | 3.4% | 0.27 | 0.28 | 3.3% |
| Bahrain | 4.97 | 31.13 | 7.6% | 0.49 | 1.37 | 3.3% |
| Slovenia | 17.85 | 43.09 | 3.6% | 1.93 | 2.07 | 3.3% |
| Belize | 0.41 | 1.78 | 6.0% | 0.19 | 0.36 | 3.3% |
| Papua New Guinea | 4.84 | 20.64 | 6.0% | 4.13 | 7.92 | 3.2% |
| San Marino | 0.56 | 1.52 | 4.1% | 0.02 | 0.03 | 3.2% |
| Switzerland | 258.02 | 679.72 | 4.0% | 6.83 | 8.32 | 3.1% |
| Croatia | 24.78 | 49.52 | 2.8% | 4.52 | 4.24 | 3.1% |
| United Kingdom | 1,191.02 | 2,897.06 | 3.6% | 57.24 | 65.40 | 3.1% |
| Netherlands | 320.84 | 765.65 | 3.5% | 14.95 | 16.94 | 3.0% |
| Rwanda | 2.49 | 8.29 | 4.9% | 7.29 | 11.63 | 3.0% |
| Ghana | 9.99 | 36.89 | 5.4% | 15.58 | 27.58 | 3.0% |
| Syria | 12.30 | 37.50 | 4.6% | 12.72 | 18.74 | 3.0% |
| Moldova | 3.97 | 7.61 | 2.6% | 4.39 | 4.07 | 3.0% |
| Iceland | 6.48 | 17.34 | 4.0% | 0.25 | 0.33 | 2.9% |
| Germany | 1,592.59 | 3,383.09 | 3.1% | 79.43 | 81.71 | 2.9% |
| Austria | 166.87 | 382.26 | 3.4% | 7.73 | 8.68 | 2.9% |
| Egypt | 96.09 | 332.08 | 5.1% | 55.14 | 93.78 | 2.9% |
| Brunei | 3.91 | 12.93 | 4.9% | 0.26 | 0.42 | 2.9% |
| Canada | 593.94 | 1,559.62 | 3.9% | 27.70 | 35.95 | 2.9% |
| Belgium | 201.22 | 455.27 | 3.3% | 9.93 | 11.29 | 2.8% |
| Denmark | 138.25 | 301.30 | 3.2% | 5.14 | 5.69 | 2.7% |
| Benin | 2.11 | 8.30 | 5.6% | 5.18 | 10.58 | 2.6% |
| Spain | 533.92 | 1,198.39 | 3.3% | 38.85 | 46.40 | 2.6% |
| Guinea-Bissau | 0.32 | 1.05 | 4.8% | 1.02 | 1.77 | 2.5% |
| Mauritania | 1.21 | 4.83 | 5.7% | 1.95 | 4.18 | 2.5% |
| Antigua and Barbuda | 0.46 | 1.37 | 4.5% | 0.06 | 0.10 | 2.5% |
| South Africa | 115.53 | 317.70 | 4.1% | 36.58 | 55.29 | 2.4% |
| Uganda | 5.74 | 23.50 | 5.8% | 17.84 | 40.14 | 2.4% |
| Greece | 97.96 | 195.64 | 2.8% | 10.16 | 11.22 | 2.4% |
| Mali | 3.22 | 13.11 | 5.8% | 7.67 | 17.47 | 2.3% |
| Montenegro | 2.15 | 4.06 | 2.6% | 0.59 | 0.63 | 2.3% |
| Mozambique | 4.13 | 14.80 | 5.2% | 13.54 | 28.01 | 2.2% |
| France | 1,272.43 | 2,439.44 | 2.6% | 58.21 | 64.46 | 2.2% |
| Sweden | 255.94 | 498.12 | 2.7% | 8.56 | 9.76 | 2.2% |
| Algeria | 61.89 | 165.98 | 4.0% | 25.28 | 39.87 | 2.1% |
| Tajikistan | 2.87 | 7.86 | 4.1% | 5.30 | 8.55 | 2.1% |
| Ivory Coast | 10.80 | 33.13 | 4.6% | 12.78 | 23.11 | 2.1% |
| Yemen | 12.64 | 45.59 | 5.3% | 12.31 | 26.92 | 2.0% |
| Burkina Faso | 3.10 | 10.43 | 5.0% | 8.87 | 18.11 | 2.0% |
| Cyprus | 6.00 | 19.69 | 4.9% | 0.58 | 1.16 | 2.0% |
| Comoros | 0.25 | 0.59 | 3.5% | 0.53 | 0.78 | 1.9% |
| Madagascar | 3.08 | 9.74 | 4.7% | 12.03 | 24.23 | 1.8% |
| São Tomé and Príncipe | 0.12 | 0.32 | 3.9% | 0.12 | 0.20 | 1.7% |
| Italy | 1,170.29 | 1,833.79 | 1.8% | 56.72 | 59.50 | 1.6% |
| Finland | 141.80 | 232.58 | 2.0% | 4.99 | 5.48 | 1.6% |
| United Arab Emirates | 49.09 | 358.14 | 8.3% | 1.87 | 9.15 | 1.6% |
| Burundi | 1.13 | 3.01 | 4.0% | 5.69 | 10.20 | 1.6% |
| Republic of the Congo | 2.80 | 8.55 | 4.6% | 2.42 | 5.00 | 1.6% |
| Senegal | 7.24 | 17.78 | 3.7% | 7.90 | 14.98 | 1.0% |
| Cameroon | 13.55 | 30.93 | 3.4% | 12.24 | 22.83 | 0.8% |
| Zimbabwe | 8.78 | 16.07 | 2.4% | 10.49 | 15.78 | 0.8% |
| Guinea | 3.71 | 8.79 | 3.5% | 6.03 | 12.09 | 0.7% |
| Ukraine | 90.21 | 90.94 | 0.0% | 51.54 | 44.66 | 0.6% |
| Malawi | 3.00 | 6.40 | 3.1% | 9.45 | 17.57 | 0.6% |
| Niger | 2.48 | 7.22 | 4.4% | 7.82 | 19.90 | 0.5% |
| Togo | 2.06 | 4.18 | 2.9% | 3.96 | 7.42 | 0.3% |
| Gabon | 6.34 | 14.39 | 3.3% | 0.92 | 1.93 | 0.3% |
| Serbia | 33.86 | 37.16 | 0.4% | 7.90 | 8.85 | –0.1% |
| Gambia | 0.75 | 1.37 | 2.4% | 0.96 | 1.98 | –0.5% |
| Iran | 575.27 | 375.40 | –1.7% | 56.67 | 79.36 | –3.0% |
| DR Congo | 41.45 | 38.40 | –0.3% | 37.94 | 76.20 | –3.0% |
| North Macedonia | 4.27 | 10.07 | 3.5% | |||
| Libya | 30.64 | 17.19 | –2.3% | 4.36 | 6.24 | –3.7% |
| Cuba | 30.90 | 10.60 | 11.46 | |||
| Liechtenstein | 1.42 | 0.03 | 0.04 | |||
References
- ^ a b c "Gross domestic product". IMF World Economic Outlook. October 2020. Retrieved 24 October 2020.
- ^ "p.11" (PDF). Retrieved 2012-07-17.
- ^ World Economic Outlook Report IMF January 2012