World Real GDP Growth Ranking 2019

In this article, we will share the ranking of 193 countries in the world based on their real Gross Domestic Product (GDP) growth. We have used the publicly available data from International Monetary Fund (IMF) to rank the countries. We have also provided an analysis based on whether the countries are developed or developing. IMF classifies these countries as ‘advanced economies’ and ’emerging market and developing economies’ respectively (Please see the notes at the bottom). Of the 193 countries, 39 countries classified as advanced economies and the remaining are classified as emerging market and developing economies.

This article is part of a series of articles ranking the countries in the world based on their GDP related indicators. In our other articles, we have provided world GDP rankings , world GDP per capita rankings , world GDP PPP (purchasing power parity) rankings , and world GDP PPP per capita rankings.

World Real GDP Growth 1980-2020

The real GDP growth of the world was 3.6% during 2018. IMF estimates that the world real GDP growth would be 3.3% during 2019 and 3.6% during 2020. The chart below shows the world real GDP growth from 1980 to 2020. Of all the years since 1980, the world real GDP growth was maximum during 2007, when it was 5.6%. World real GDP growth was minimum during 2009, when it was -0.1%. Since 2012, the world real GDP growth has remained between 3% and 4%.

World real GDP growth 1980-2020

The real GDP growth of the developed countries (aka advanced economies) was 2.2% during 2018. IMF estimates that the advanced economies real GDP growth would be 1.8% during 2019 and 1.7% during 2020. The chart below shows the advanced economies real GDP growth from 1980 to 2020. Of all the years since 1980, the advanced economies real GDP growth was maximum during 1984, when it was 4.9%. The advanced economies real GDP growth was minimum during 2009, when it was -3.3%.

Advanced economies real GDP growth 1980-2020

The real GDP growth of the developing countries (aka emerging market and developing economies) was 4.5% during 2018. IMF estimates that the advanced economies real GDP growth would be 4.4% during 2019 and 4.8% during 2020. The chart below shows the developing economies real GDP growth from 1980 to 2020. Of all the years since 1980, the developing economies real GDP growth was maximum during 2007, when it was 8.4%. The developing economies real GDP growth was minimum during 1982, when it was 1.1%. Since 2014, the developing economies real GDP growth has remained between 4% and 5%.

Developing economies real GDP growth 1980-2020

World Real GDP Growth Ranking

Most of the African and Asian countries lead the real GDP growth rankings because of their small economy size. Ghana is ranked first with a real GDP growth estimate of 8.8% during 2019. Here are the real GDP growth rankings of the world top-10 economies (based on GDP) along with their real GDP growth estimate for 2019.

  • The United States is ranked 131 with a real GDP growth of 2.3%.
  • China is ranked 20 with a real GDP growth of 6.3%.
  • Japan is ranked 172 with a real GDP growth of 1.0%.
  • Germany is ranked 173 with a real GDP growth of 0.8%.
  • The United Kingdom is ranked 166 with a real GDP growth of 1.2%.
  • France is ranked 163 with a real GDP growth of 1.3%.
  • India is ranked 7 with a real GDP growth of 7.3%.
  • Italy is ranked 179 with a real GDP growth of 0.1%.
  • Brazil is ranked 139 with a real GDP growth of 2.1%.
  • Canada is ranked 160 with a real GDP growth of 1.5%.

The charts below list all the 193 countries as per their real GDP growth rank.

World real GDP growth rankings 2019 - 1 of 3

World real GDP growth rankings 2019 - 2 of 3

World real GDP growth rankings 2019 - 3 of 3

Real GDP Growth Ranking – Developed countries

The chart below lists only the advanced economies as per their real GDP growth rank among the developed world.

Advanced economies real GDP growth rankings 2019

Real GDP Growth Ranking – Developing countries

The chart below lists only the emerging market and developing economies (top-60 only) as per their real GDP growth rank among the developing world.

Developing economies real GDP growth rankings 2019

World Real GDP Growth Ranking Data Table

The data table below lists the 193 countries in the world along with their real GDP growth rank and real GDP growth forecast for 2019.

RankCountry NameReal GDP Growth
1Ghana8.8%
2South Sudan8.8%
3Dominica8.0%
4Rwanda7.8%
5Ethiopia7.7%
6Côte d'Ivoire7.5%
7Bangladesh7.3%
8India7.3%
9Senegal6.9%
10Cambodia6.8%
11Lao P.D.R.6.7%
12Djibouti6.7%
13Nepal6.5%
14Niger6.5%
15Vietnam6.5%
16Philippines6.5%
17Benin6.5%
18Myanmar6.4%
19Mauritania6.4%
20Maldives6.3%
21Uganda6.3%
22Turkmenistan6.3%
23China6.3%
24Mongolia6.3%
25Panama6.0%
26Burkina Faso6.0%
27Guinea5.9%
28Kenya5.8%
29Egypt5.5%
30Republic of Congo5.4%
31Sierra Leone5.4%
32The Gambia5.4%
33Indonesia5.2%
34Madagascar5.2%
35Malta5.2%
36Dominican Republic5.1%
37Togo5.0%
38Central African Republic5.0%
39Cabo Verde5.0%
40Guinea-Bissau5.0%
41Mali5.0%
42Tajikistan5.0%
43Timor-Leste5.0%
44Uzbekistan5.0%
45Bhutan4.8%
46Brunei Darussalam4.8%
47Malaysia4.7%
48Georgia4.6%
49Armenia4.6%
50Tonga4.6%
51Chad4.5%
52Democratic Republic of the Congo4.3%
53Macao SAR4.3%
54Cameroon4.3%
55Libya4.3%
56Grenada4.2%
57Kosovo4.2%
58Ireland4.1%
59Tuvalu4.1%
60Bolivia4.0%
61Malawi4.0%
62Mozambique4.0%
63São Tomé and Príncipe4.0%
64Tanzania4.0%
65Antigua and Barbuda4.0%
66Peru3.9%
67Botswana3.9%
68Lesotho3.9%
69Mauritius3.9%
70Guyana3.8%
71Poland3.8%
72Eritrea3.8%
73Papua New Guinea3.8%
74Kyrgyz Republic3.8%
75Slovak Republic3.7%
76Albania3.7%
77Hungary3.6%
78Colombia3.5%
79Moldova3.5%
80Somalia3.5%
81Sri Lanka3.5%
82St. Kitts and Nevis3.5%
83Serbia3.5%
84Guatemala3.5%
85Paraguay3.5%
86Thailand3.5%
87Cyprus3.5%
88Seychelles3.4%
89Fiji3.4%
90Chile3.4%
91Slovenia3.4%
92Azerbaijan3.4%
93Honduras3.4%
94St. Lucia3.3%
95Bulgaria3.3%
96Israel3.3%
97Samoa3.3%
98Kazakhstan3.2%
99Morocco3.2%
100Latvia3.2%
101Gabon3.1%
102Bosnia and Herzegovina3.1%
103Romania3.1%
104Zambia3.1%
105Afghanistan3.0%
106Estonia3.0%
107North Macedonia3.0%
108Vanuatu3.0%
109Costa Rica2.9%
110Lithuania2.9%
111Pakistan2.9%
112Czech Republic2.9%
113Solomon Islands2.9%
114United Arab Emirates2.8%
115Iraq2.8%
116Comoros2.8%
117Montenegro2.8%
118Tunisia2.7%
119Hong Kong SAR2.7%
120Ukraine2.7%
121Luxembourg2.7%
122Qatar2.6%
123Croatia2.6%
124Korea2.6%
125New Zealand2.5%
126Taiwan Province of China2.5%
127El Salvador2.5%
128Belize2.5%
129Kuwait2.5%
130Greece2.4%
131United States2.3%
132Algeria2.3%
133Singapore2.3%
134Marshall Islands2.3%
135Kiribati2.3%
136St. Vincent and the Grenadines2.3%
137Jordan2.2%
138Suriname2.2%
139Nigeria2.1%
140Spain2.1%
141The Bahamas2.1%
142Australia2.1%
143Yemen2.1%
144Brazil2.1%
145Norway2.0%
146Palau2.0%
147Austria2.0%
148Finland1.9%
149Uruguay1.9%
150Bahrain1.8%
151Netherlands1.8%
152Saudi Arabia1.8%
153Belarus1.8%
154Jamaica1.7%
155Denmark1.7%
156Iceland1.7%
157Portugal1.7%
158Mexico1.6%
159Russia1.6%
160Haiti1.5%
161Canada1.5%
162Namibia1.4%
163Lebanon1.3%
164France1.3%
165Belgium1.3%
166Micronesia1.2%
167South Africa1.2%
168United Kingdom1.2%
169Sweden1.2%
170Oman1.1%
171Switzerland1.1%
172Japan1.0%
173San Marino0.8%
174Germany0.8%
175Aruba0.7%
176Angola0.4%
177Liberia0.4%
178Burundi0.4%
179Italy0.1%
180Trinidad and Tobago0.0%
181Barbados-0.1%
182Eswatini-0.4%
183Ecuador-0.5%
184Nauru-1.0%
185Puerto Rico-1.1%
186Argentina-1.2%
187Sudan-2.3%
188Turkey-2.5%
189Equatorial Guinea-4.0%
190Nicaragua-5.0%
191Zimbabwe-5.2%
192Islamic Republic of Iran-6.0%
193Venezuela-25.0%

Notes

  1. Data Source:  International Monetary Fund (IMF) World Economic Outlook (WEO) database, April 2019 edition.
  2. How does the WEO categorize advanced versus emerging market and developing economies? As per IMF, “The main criteria used by the WEO to classify the world into advanced economies and emerging market and developing economies are (1) per capita income level, (2) export diversification, and (3) degree of integration into the global financial system.  Note, however, that these are not the only factors considered in deciding the classification of countries. This classification has evolved over time. The objective is to facilitate analysis by providing a reasonably meaningful method of organizing data. Reclassification only happens when something marked changes or the case for change in terms of the three criteria above becomes overwhelming.”

 

 

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