This statistic shows the 20 countries with the highest growth of the gross domestic product (GDP) in 2024. In 2024, Guyana ranked 1st with an estimated GDP growth of approximately 43.57 percent compared to the previous year. GDP around the world Gross domestic product (GDP) is an indicator of the monetary value of all goods and services produced by a nation in a specific time period. GDP is a strong index of a country’s economic strength - the higher the GDP of a nation, the stronger that country’s economy. The countries in the world with the highest GDP or GDP per capita are mainly developed and emerging countries, with global gross domestic product amounting to nearly 75 trillion U.S. dollars. As of 2016, the United States is the nation in the world with the highest GDP with more than 18.56 trillion U.S. dollars, which makes up more than 15.7 percent of the global GDP. The countries with the lowest gross domestic product per capita in 2014 were mainly African nations. The country in the world with the lowest GDP per capita in 2016 was South Sudan, followed by Malawi, and Burundi. However, several economically struggling African and Asian countries such as Myanmar, Côte d'Ivoire, Bhutan, and India reported the highest growth of the gross domestic product in 2016. Also in the top 20 nations with the highest growth of the GDP is China. In 2016, the GDP in China was the second highest GDP in the world. It is estimated that by 2019 the GDP in China will grow by 6 percent. Based on this estimate, GDP in China will be at around 14.6 trillion U.S. dollars by 2019.

This dataset provides values for GDP ANNUAL GROWTH RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Out of the world's seven largest economies, the United Kingdom was the most negatively affected by the coronavirus (COVID-19) pandemic. During the third quarter of 2020, the GDP growth rate of the UK stood at minus *** percent compared to the previous year. Furthermore, the GDPs of India and Japan were contracted by minus *** percent. Only China experienced a positive GDP growth rate of *** percent during that same period. However, in 2021, all the largest economies worldwide started to recover, with growth rates varying from *** percent (Japan) to over **** percent (India).

The Gross Domestic Product (GDP) in the United States expanded 2.10 percent in the second quarter of 2025 over the same quarter of the previous year. This dataset provides the latest reported value for - United States GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The state of North Dakota experienced the most significant growth in real GDP in 2023, growing 7.8 percent when compared to 2022. Texas and Oklahoma also experienced growth at or more than seven percent.

The real gross domestic product (GDP) of Malta is estimated to have grown by *** percent in 2023 and is projected to grow a further **** percent in 2024, which are the highest growth rates across all European countries for each year. In comparison, Estonia, Austria, Finland, and Ireland all had *************** rates in 2023.

This dataset provides values for GDP ANNUAL GROWTH RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Key information about India Real GDP Growth

• The Gross Domestic Product (GDP) in India expanded 8.2 % YoY in Sep 2025, following a growth of 7.8 % in the previous quarter.
• Real GDP Growth YoY data in India is updated quarterly, available from Jun 2005 to Sep 2025, with an average rate of 7.6 %.
• The data reached an all-time high of 22.6 % in Jun 2021 and a record low of -23.1 % in Jun 2020.

CEIC calculates Real GDP Growth from quarterly Real GDP. Ministry of Statistics and Programme Implementation provides Real GDP in local currency based on SNA 2008, at 2011-2012 prices. Real GDP prior to Q2 2012 is based on a combination of SNA 2008 and SNA 1993, at 2004-2005 prices.


Related information about India Real GDP Growth

• In the latest reports, Nominal GDP of India reached 975.9 USD bn in Sep 2025.
• Its GDP deflator (implicit price deflator) increased 0.5 % in Sep 2025.
• GDP Per Capita in India reached 2,777.6 USD in Mar 2025.
• Its Gross Savings Rate was measured at 30.7 % in Mar 2024.
• For Nominal GDP contributions, Investment accounted for 34.8 % in Sep 2025.
• Public Consumption accounted for 9.1 % in Sep 2025.
• Private Consumption accounted for 62.5 % in Sep 2025.

This dataset provides values for GDP ANNUAL GROWTH RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

The gross domestic product (GDP) of all G7 countries decreased sharply in 2009 and 2020 due to the financial crisis and COVID-19 pandemic, respectively. The growth decline was heavier after the COVID-19 pandemic than the financial crisis. Moreover, Italy had a negative GDP growth rate in 2012 and 2013 following the euro crisis. In 2023, Germany experienced an economic recession.

Annual Provincial and Territorial Gross Domestic Product (GDP) at basic prices, by North American Industry Classification aggregates, in chained and current dollars, growth rate.

Key information about Iran Real GDP Growth

• The Gross Domestic Product (GDP) in Iran contracted 0.4 % YoY in Jun 2025, following a growth of 2.5 % in the previous quarter.
• Real GDP Growth YoY data in Iran is updated quarterly, available from Jun 1989 to Jun 2025, with an average rate of 8.8 %.
• The data reached an all-time high of 34.1 % in Mar 2012 and a record low of -31.0 % in Jun 2011.

CEIC calculates Real GDP Growth from quarterly Real GDP. The Statistical Center of Iran provides Real GDP in local currency, at 2020-2021 prices. Real GDP Growth prior to Q2 2007 is calculated from Real GDP at 2011-2012 prices sourced from the Central Bank of the Islamic Republic of Iran. Real GDP Growth prior to Q2 2005 is calculated from Real GDP at 1997-1998 prices sourced from the Central Bank of the Islamic Republic of Iran.


Related information about Iran Real GDP Growth

• In the latest reports, Nominal GDP of Iran reached 119.7 USD bn in Jun 2025.
• Its GDP deflator (implicit price deflator) increased 39.2 % in Jun 2025.
• GDP Per Capita in Iran reached 49,404.3 USD in Mar 2024.
• Its Gross Savings Rate was measured at 35.1 % in Jun 2025.
• For Nominal GDP contributions, Investment accounted for 30.7 % in Jun 2025.
• Public Consumption accounted for 9.7 % in Jun 2025.
• Private Consumption accounted for 55.2 % in Jun 2025.

The Gross Domestic Product (GDP) in Pakistan expanded 5.70 percent in the second quarter of 2025 over the same quarter of the previous year. This dataset provides - Pakistan GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Russia Real GDP Growth

• The Gross Domestic Product (GDP) in Russia expanded 1.3 % YoY in Jun 2025, following a growth of 1.5 % in the previous quarter.
• Real GDP Growth YoY data in Russia is updated quarterly, available from Mar 1996 to Jun 2025, with an average rate of 0.8 %.
• The data reached an all-time high of 12.0 % in Dec 1981 and a record low of -0.2 % in Dec 2015.

CEIC calculates quarterly Real GDP Growth from quarterly Real GDP. The Federal State Statistics Service provides Real GDP in local currency at 2021 prices, based on SNA 2008. Real GDP Growth prior to Q1 2012 is calculated from Real GDP at 2008 prices and prior to Q1 2004 from Real GDP at 2003 prices, both based on SNA 1993.


Related information about Russia Real GDP Growth

• In the latest reports, Nominal GDP of Russia reached 612.6 USD bn in Jun 2025.
• Its GDP deflator (implicit price deflator) increased 3.6 % in Jun 2025.
• GDP Per Capita in Russia reached 13,817.0 USD in Dec 2023.
• Its Gross Savings Rate was measured at 26.1 % in Jun 2025.
• For Nominal GDP contributions, Investment accounted for 25.1 % in Jun 2025.
• Public Consumption accounted for 20.1 % in Jun 2025.
• Private Consumption accounted for 53.8 % in Jun 2025.

In 2025, Brazil and Mexico were expected to be the countries with the largest gross domestic product (GDP) in Latin America and the Caribbean. In that year, Brazil's GDP could reach an estimated value of 2.3 trillion U.S. dollars, whereas Mexico's amounted to almost 1.8 trillion U.S. dollars. GDP is the total value of all goods and services produced in a country in a given year. It measures the economic strength of a country and a positive change indicates economic growth.

The Gross Domestic Product (GDP) in Brazil expanded 2.20 percent in the second quarter of 2025 over the same quarter of the previous year. This dataset provides - Brazil GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) In the Euro Area expanded 1.40 percent in the third quarter of 2025 over the same quarter of the previous year. This dataset provides - Euro Area GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in the United States was worth 29184.89 billion US dollars in 2024, according to official data from the World Bank. The GDP value of the United States represents 27.49 percent of the world economy. This dataset provides - United States GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about France Real GDP Growth

• The Gross Domestic Product (GDP) in France expanded 0.9 % YoY in Sep 2025, following a growth of 0.7 % in the previous quarter.
• Real GDP Growth YoY data in France is updated quarterly, available from Mar 1950 to Sep 2025, with an average rate of 3.8 %.
• The data reached an all-time high of 17.1 % in Jun 2021 and a record low of -17.1 % in Jun 2020.

CEIC calculates quarterly Real GDP Growth from quarterly Real GDP. The National Institute of Statistics and Economic Studies provides Real GDP in EUR, at chain linked 2020 prices.


Related information about France Real GDP Growth

• In the latest reports, Nominal GDP of France reached 875.2 USD bn in Sep 2025.
• Its GDP deflator (implicit price deflator) increased 0.9 % in Sep 2025.
• GDP Per Capita in France reached 46,068.9 USD in Dec 2024.
• Its Gross Savings Rate was measured at 14.2 % in Dec 2017.
• For Nominal GDP contributions, Investment accounted for 21.5 % in Sep 2025.
• Public Consumption accounted for 24.3 % in Sep 2025.
• Private Consumption accounted for 54.3 % in Sep 2025.

Key information about Pakistan Real GDP Growth

• The Gross Domestic Product (GDP) in Pakistan expanded 3.7 % YoY in Jun 2025, following a growth of 3.0 % in the previous year.
• Real GDP Growth YoY data in Pakistan is updated yearly, available from Jun 2001 to Jun 2025, with an average rate of 4.4 %.
• The data reached an all-time high of 7.8 % in Jun 2004 and a record low of -1.3 % in Jun 2020.

*This indicator will be no longer available from March 2026, 4th onwards. CEIC has a plan to remove the non-standard frequency indicator after the standard frequency indicator has been added and be available on this table. CEIC calculates annual Real GDP Growth from annual Real GDP. The Pakistan Bureau of Statistics provides Real GDP in local currency, at chain linked 2015-2016 prices. Real GDP Growth is in annual frequency, ending in June of each year.


Related information about Pakistan Real GDP Growth

• In the latest reports, Nominal GDP of Pakistan reached 407.2 USD bn in Jun 2025.
• Its GDP deflator (implicit price deflator) increased 4.3 % in Jun 2025.
• GDP Per Capita in Pakistan reached 1,396.5 USD in Jun 2023.
• Its Gross Savings Rate was measured at 7.1 % in Jun 2025.
• For Nominal GDP contributions, Investment accounted for 14.3 % in Jun 2025.
• Public Consumption accounted for 9.5 % in Jun 2025.
• Private Consumption accounted for 83.4 % in Jun 2025.