It will be interesting to see how they all fare 10 years from now. As a Premium user you get access to background information and details about the release of this statistic. Latest available data for a fixed period, © Classeditori, World’s Best Digital Banks 2020 Round 1: Covid Raises The Digital Ante, The Most Peaceful Countries In The World 2020, Looking Past The Pandemic: Q&A With Bloomberg Beta's Roy Bahat. Global Finance Magazine. For details, please see your browser’s Help section (by pressing F1). American Samoa is an unincorporated territory of the United States, Puerto Rico is an unincorporated territory of the United States, list of countries by real GDP per capita growth, "World Economic Outlook Database, April 2020", Economics focus: Grossly distorted picture, World Map and Chart of GDP Annual Growth %, List of top international rankings by country, Number of broadband Internet subscriptions, https://en.wikipedia.org/w/index.php?title=List_of_countries_by_real_GDP_growth_rate&oldid=979963555, Lists of countries by GDP-based indicators, Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License, This page was last edited on 23 September 2020, at 20:00. While the economists at the IMF downgraded their 2019 estimates in response to the coronavirus pandemic, what they could not predict is that—days after releasing their revised numbers—the already historically low oil prices would plunge even further. This page presents GDP forecast figures by country for the period from 2020 to 2024 as estimated by the IMF in its latest edition of World Economic Outlook (WEO) as of October 2019. Then the guano supply almost entirely dried up,  and now Nauru survives by virtue of the support it receives from Australia, which has built on the island a detention center for its asylum seekers. Too many times in the past, the mismanagement of revenue from oil extraction has been linked slow economic growth, corruption, authoritarianism and a whole array of social maladies—Venezuela, home of the world's largest oil reserves, comes to mind. GDP growth is expressed as a percent. Developing Asian and African countries lead with fastest GDP growth in the world. Are you interested in testing our corporate solutions? Rwanda, with its extensive economic development and poverty reduction programs, shows what efficient and democratic political institutions can do to a country once ravaged by civil war and genocide: turn it into an economic miracle. The statistics were compiled from the International Monetary Fund World Economic Outlook Database with the vast majority of estimates corresponding to the 2019 calendar year. Chart. Articles with a lock are available only to registered readers. Prices are already stabilizing and rebounding, but one thing is sure: for many Guyanese citizens the dream of becoming super-rich is for now on hold. The reason? Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: Industry-specific and extensively researched technical data (partially from exclusive partnerships). It is not too hard to see which nations have made plans for long and widespread growth, and which ones draw on finite resources and a business as usual-ways of doing things. Aggregates are based on constant 2010 U.S. dollars. In the first quarter of 2020, real GDP decreased 5.0 percent. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. Year-on-year GDP growth for the OECD area was minus 10.9% in the second quarter of 2020, following growth of minus 0.9% in the previous quarter. Not only that, Guyana's near term-growth projections could be a little too optimistic. Then you can access your favorite statistics via the star in the header. You can only download this statistic as a Premium user. This page displays a table with actual values, consensus figures, forecasts, statistics and … Annual percentage growth rate of GDP at market prices based on constant local currency. Available to download in PNG, PDF, XLS format, Access to this and all other statistics on 80,000 topics from, COVID-19 deaths worldwide as of October 7, 2020, by country, COVID-19 cases worldwide as of October 7, 2020, by country, Total number of U.S. coronavirus (COVID-19) cases as of October 7, 2020, by state, COVID-19 death rates in the United States as of October 7, 2020, by state. Real gross domestic product (GDP) is GDP given in constant prices and refers to the volume level of GDP. Organisation for Economic. In the table below, countries are ranked by the gross domestic product measured in purchasing power parities (PPP) at current prices. In your browser settings you can configure or disable this, respectively, and can delete any already placed cookies. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete.

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