The Fastest Growing Economies in 2024

The Fastest Growing Economies in 2024

Explore the fastest growing economies projected for 2024. Macao SAR, Guyana, Palau, Niger, and Senegal are among the top countries with high growth rates. Discover the reasons behind their economic expansion and the potential they hold for the global economy.

Introduction

The global economy is constantly evolving, with some countries experiencing rapid growth and development. In this article, we will explore the fastest growing economies projected for the year 2024, as per the International Monetary Fund (IMF) projections.

The Fastest Growing Economies

CountryGrowth Rate
๐Ÿ‡ฒ๐Ÿ‡ด Macao SAR27.2%
๐Ÿ‡ฌ๐Ÿ‡พ Guyana26.6%
๐Ÿ‡ต๐Ÿ‡ผ Palau12.4%
๐Ÿ‡ณ๐Ÿ‡ช Niger11.1%
๐Ÿ‡ธ๐Ÿ‡ณ Senegal8.8%
๐Ÿ‡ฑ๐Ÿ‡พ Libya7.5%
๐Ÿ‡ท๐Ÿ‡ผ Rwanda7.0%
๐Ÿ‡จ๐Ÿ‡ฎ Cรดte d’Ivoire6.6%
๐Ÿ‡ง๐Ÿ‡ซ Burkina Faso6.4%
๐Ÿ‡ง๐Ÿ‡ฏ Benin6.3%
๐Ÿ‡ฎ๐Ÿ‡ณ India6.3%
๐Ÿ‡ฌ๐Ÿ‡ฒ The Gambia6.2%
๐Ÿ‡ช๐Ÿ‡น Ethiopia6.2%
๐Ÿ‡ฐ๐Ÿ‡ญ Cambodia6.1%
๐Ÿ‡น๐Ÿ‡ฟ Tanzania6.1%
๐Ÿ‡ง๐Ÿ‡ฉ Bangladesh6.0%
๐Ÿ‡ฉ๐Ÿ‡ฏ Djibouti6.0%
๐Ÿ‡ง๐Ÿ‡ฎ Burundi6.0%
๐Ÿ‡ต๐Ÿ‡ญ Philippines5.9%
๐Ÿ‡ป๐Ÿ‡ณ Vietnam5.8%
๐ŸŒ World average2.9%

1. Macao SAR: 27.2%

Macao SAR, a special administrative region of China, is expected to have the highest growth rate of 27.2% in 2024. This growth can be attributed to its thriving tourism and gaming industry.

2. Guyana: 26.6%

Guyana, located in South America, is projected to have a growth rate of 26.6%. This is primarily due to the discovery of significant oil reserves, which has attracted foreign investments and boosted the country’s economy.

See also  Top Economically Stable Countries: A Closer Look
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Abu Sayed

Abu Sayed

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