This statistic shows the 20 countries with the highest growth of the gross domestic product (GDP) in 2024. In 2043, 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.

The fastest growing economy in Europe in 2024 was Malta. The small Mediterranean country's gross domestic product grew at five percent in 2024, beating out Montenegro which had a growth rate of almost four percent and the Russian Federation which had a rate of 3.6 percent in the same year. Estonia was the country with the largest negative growth in 2024, as the Baltic country's economy shrank by 0.88 percent compared with 2023, largely as a result of the country's exposure to the economic effects of Russia's invasion of Ukraine and the subsequent economic sanctions placed on Russia. Germany, Europe's largest economy, experience economic stagnation with a growth of 0.1 percent. Overall, the EU (which contains 27 European countries) registered a growth rate of one percent and the Eurozone (which contains 20) grew by 0.8 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.

The average for 2025 based on 184 countries was 3.13 percent. The highest value was in Libya: 17.3 percent and the lowest value was in Equatorial Guinea: -4.2 percent. The indicator is available from 1980 to 2030. Below is a chart for all countries where data are available.

Haiti is expected to experience the worst economic recession in Latin America and the Caribbean in 2024. Haiti's gross domestic product (GDP) in 2024 is forecast to be 3 percent lower than the value registered in 2023, based on constant prices. Aside from Argentina, Haiti, and Puerto Rico, most economies in the region were likely to experience economic growth in 2024, most notably, Guyana.

This dataset provides values for GDP 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) in the United States expanded 3.30 percent in the second quarter of 2025 over the previous quarter. This dataset provides the latest reported value for - United States GDP 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 Utah experienced the most significant GDP growth in 2024, growing by seven percent from 2023. Florida, South Carolina, and North Carolina also experienced high amounts of growth in the same period. North Dakota was the only state that saw a decrease in GDP, falling 0.8 percent.

In 2024, Niger's real GDP is estimated to grow by 10.4 percent compared to the previous year. During 2023, the GDP is estimated to have increased by only 1.4 percent, nevertheless a positive trend. The country's real GDP is forecast to continue growing but at a slower pace. Between 2025 and 2029, it is expected to grow annually by roughly six percent. Furthermore, the GDPs of Senegal, Libya, and Rwanda might increase by around 8.3 percent, 7.8 percent, and 6.9 percent during 2024, respectively. Niger: A dependence on agriculture A large portion of Niger's economy comes from agriculture. In 2022, agriculture accounted for almost 40 percent of the GDP. Niger is not the only country in Africa where agriculture plays a crucial role. For example, agriculture made up nearly 60 percent of Sierra Leone’s GDP in 2022. Such dependence could mean that any disruptions in the agricultural products market could have significant effects on the country's GDP. Sub-Saharan Africa's economy will be among the fastest-growing regions worldwide Three African countries have significantly larger economies, namely, Nigeria, South Africa, and Egypt. As of 2022, these countries' GDP stood at nearly 477.4 billion, 475.2 billion, and 405.7 billion U.S. dollars. Furthermore, it is anticipated that Sub-Saharan Africa's GDP growth in 2026 will rank as the second-fastest growing economic region in the world after the ASEAN-5 countries, with a growth rate of approximately four percent. In contrast, economic areas such as the European Union are forecast to grow at only about 1.5 percent in the same year.

Full Year GDP Growth in World increased to 3.20 percent in 2024 from 2.80 percent in 2023. This dataset includes a chart with historical data for World Full Year GDP Growth.

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

The Gross Domestic Product (GDP) in China expanded 5.20 percent in the second quarter of 2025 over the same quarter of the previous year. This dataset provides - China GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Indonesia expanded 5.12 percent in the second quarter of 2025 over the same quarter of the previous year. This dataset provides - Indonesia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2025, the United States had the largest economy in the world, with a gross domestic product of over 30 trillion U.S. dollars. China had the second largest economy, at around 19.23 trillion U.S. dollars. Recent adjustments in the list have seen Germany's economy overtake Japan's to become the third-largest in the world in 2023, while Brazil's economy moved ahead of Russia's in 2024. Global gross domestic product Global gross domestic product amounts to almost 110 trillion U.S. dollars, with the United States making up more than one-quarter of this figure alone. The 12 largest economies in the world include all Group of Seven (G7) economies, as well as the four largest BRICS economies. The U.S. has consistently had the world's largest economy since the interwar period, and while previous reports estimated it would be overtaken by China in the 2020s, more recent projections estimate the U.S. economy will remain the largest by a considerable margin going into the 2030s.The gross domestic product of a country is calculated by taking spending and trade into account, to show how much the country can produce in a certain amount of time, usually per year. It represents the value of all goods and services produced during that year. Those countries considered to have emerging or developing economies account for almost 60 percent of global gross domestic product, while advanced economies make up over 40 percent.

View economic output, reported as the nominal value of all new goods and services produced by labor and property located in the U.S.

The Gross Domestic Product (GDP) in Macau expanded 5.10 percent in the second quarter of 2025 over the same quarter of the previous year. This dataset provides - Macao GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product per capita in Dominican Republic was last recorded at 9168.29 US dollars in 2024. The GDP per Capita in Dominican Republic is equivalent to 73 percent of the world's average. This dataset provides - Dominican Republic GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar 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.

DIN Rail Mounted Connectors Market Outlook

The global DIN Rail Mounted Connectors market size is projected to grow significantly from 2023 to 2032, with a compound annual growth rate (CAGR) of 6.8%. In 2023, the market was valued at approximately USD 1.5 billion and is expected to reach USD 2.8 billion by 2032. This impressive growth is driven by the increased adoption of automation technologies across various industries, rising investments in infrastructure development, and the need for efficient and reliable electrical connections in industrial environments.

A major growth factor for the DIN Rail Mounted Connectors market is the surge in industrial automation. As industries worldwide are increasingly automating their processes for improved efficiency and productivity, the demand for reliable electrical connections is on the rise. DIN rail mounted connectors, known for their versatility and ease of installation, are becoming indispensable in industrial settings. They facilitate quick and secure connections, which are crucial in automated environments where downtime can be costly. Moreover, the trend toward smart factories and the Industrial Internet of Things (IIoT) is further boosting the need for advanced connectivity solutions, including DIN rail mounted connectors. As companies strive for greater operational efficiency and reduced energy consumption, the integration of these connectors into automated systems is expected to accelerate.

Another critical driver for market growth is the increasing focus on energy management and sustainability. As energy costs rise and regulations become more stringent, organizations are prioritizing energy-efficient solutions. DIN rail mounted connectors play a vital role in energy management systems, enabling the efficient transmission and distribution of electrical power. Their compact design and robust connections help reduce power loss and improve system reliability, making them an attractive choice for energy-conscious industries. Furthermore, the emphasis on renewable energy sources, such as solar and wind, is creating new opportunities for the application of DIN rail mounted connectors in energy storage and distribution systems, contributing to overall market expansion.

The burgeoning infrastructure development across emerging economies is also a significant factor propelling the growth of the DIN Rail Mounted Connectors market. As countries in Asia Pacific, Latin America, and Africa continue to urbanize and modernize their infrastructure, there is a growing need for efficient electrical systems. Infrastructural projects such as smart city initiatives, transportation networks, and industrial facilities are increasingly incorporating advanced electrical components, including DIN rail mounted connectors, to ensure reliable power distribution and connectivity. This trend is anticipated to continue as governments invest in large-scale infrastructure projects to support economic growth and improve quality of life.

Regionally, the market is witnessing diverse trends. The Asia Pacific region, with its rapidly developing economies and fast-paced industrialization, is the largest and fastest-growing market for DIN rail mounted connectors. North America and Europe, with their mature industrial sectors and focus on technological advancements, continue to show steady growth. In contrast, regions like Latin America and the Middle East & Africa are experiencing moderate growth, driven by increasing investments in infrastructure and transportation networks.

Product Type Analysis

The DIN Rail Mounted Connectors market is segmented by product type into spring clamp, screw clamp, push-in, and others. Each of these types offers unique advantages and is preferred in different applications. Spring clamp connectors are gaining popularity due to their ease of use and reliable connection. They provide a secure and maintenance-free connection, which is highly desirable in automated environments where minimizing downtime is crucial. The spring mechanism ensures a constant pressure on the connection, reducing the risk of loosening over time and thereby enhancing the reliability of the system.

Screw clamp connectors, on the other hand, are traditionally preferred for their strong and firm connections. They are widely used in applications where vibration and mechanical stress are prevalent, such as in heavy machinery and transportation systems. The ability to handle large wire sizes and provide a secure connection makes screw clamp connectors an enduring choice in industrial settings. However, their installation can be more time-consuming compared

Amines Market Outlook

The global amines market size was valued at approximately USD 19 billion in 2023 and is projected to reach nearly USD 30 billion by 2032, growing at a compound annual growth rate (CAGR) of about 5.2% during the forecast period. This growth is primarily driven by the increasing demand across various industries such as agriculture, pharmaceuticals, and personal care. The expansive application range of amines, coupled with their utility in a variety of chemical processes, underscores their significance in industrial and consumer applications. The versatility of amines in facilitating chemical reactions and serving as building blocks for numerous compounds enhances their market appeal and helps in driving the market growth over the forecasted period.

A key growth factor in the amines market is the surging demand in the agriculture sector. Amines play a crucial role in the formulation of herbicides and pesticides, essential for modern agricultural practices aimed at maximizing yield and ensuring crop health. As global populations continue to swell, the pressure to increase food production sustainably is escalating, thus propelling the demand for agrochemicals that employ amines. This creates a positive loop where the necessity for higher agricultural productivity directly fuels the expansion of the amines market. Furthermore, governmental support and technological advancements in agriculture are anticipated to further augment the market's growth trajectory.

The pharmaceutical industry is another significant driver of the amines market. Amines are foundational in synthesizing a wide array of pharmaceutical products ranging from over-the-counter medications to prescription drugs. The rise in global health awareness, coupled with the increase in chronic diseases and aging populations, has led to a surge in pharmaceutical production, thereby bolstering the demand for amines. Innovations in drug formulations and the ongoing research and development activities to discover new therapeutic drugs represent substantial growth opportunities for the amines market. The continuous need for medicinal advancements ensures the pharmaceutical sector remains a pivotal end-user of amines.

In the realm of personal care and cleaning products, amines are increasingly sought after due to their surfactant properties. The rising trend in personal grooming and hygiene, particularly in urban areas, has significantly influenced the consumption of personal care products. Amines, being integral to the production of shampoos, conditioners, and detergents, are poised to experience heightened demand. Additionally, the growing consumer awareness regarding health and cleanliness, especially post the global pandemic, has accelerated the usage of cleaning products, further contributing to the demand for amines. This increased consumer inclination towards personal and environmental hygiene is expected to sustain the growth momentum of the amines market.

Regionally, Asia Pacific remains the largest and fastest-growing market for amines, driven by the enormous industrial base, burgeoning middle class, and rapid urbanization. The region is home to some of the fastest-growing economies, such as China and India, where industrialization and modernization are progressing at a vigorous pace. The demand for amines in agriculture, pharmaceuticals, and personal care sectors is particularly high in these countries, thereby making Asia Pacific a key contributor to global market growth. Moreover, favorable governmental policies supporting industrial growth and expansions further stimulate the demand for amines in this region.

Product Type Analysis

The amines market, segmented by product type, includes ethanolamines, fatty amines, alkylamines, ethyleneamines, specialty amines, and others. Ethanolamines hold a significant share in the market, primarily due to their extensive use in a myriad of applications such as detergents, personal care products, and gas treatment processes. The economic growth in emerging markets has amplified the demand for consumer goods and cleaning products, in turn boosting the demand for ethanolamines. Furthermore, their role as intermediates in the production of various chemicals positions them as indispensable components in the chemical industry. As industries continue to innovate and expand, the demand for ethanolamines is anticipated to remain robust.

Fatty amines represent another vital segment within the amines market, driven by their application in fabric softeners, asphalt additives, and oilfield chemicals. The increasing construction activities and infrastructu