Top 10 countries by GDP growth percentage in the world 2021

Top 10 countries by GDP growth percentage in the world 2021

2021 GDPs TOP 10 TOP 10 COUNTRIES TOP GDPs

Let’s take a look at the Top 10 countries by GDP growth percentage in the world in 2021:-

1. Libya

GDP Growth % : 31.4%  – 1st Of Top 10 Countries by GDP growth percentage in the world 2021

Libya is a country located in North Africa. It has a population of approximately 6.4 million people and an area of about 1.8 million square kilometers. The capital of Libya is Tripoli.

The Libyan economy is primarily driven by the oil and gas industry, which accounts for about 95% of the country’s exports. Other important industries in Libya include agriculture, manufacturing, and tourism.

 

2. Maldives

GDP Growth % : 31% – 2nd Of Top 10 Countries by GDP growth percentage in the world 2021

Maldives is a small island nation located in the Indian Ocean. It has a population of about 516,000 people. Maldives has a tropical climate and is a popular tourist destination. The economy of Maldives is based on tourism and fishing.

Maldives has experienced strong economic growth in recent years. In 2019, its GDP growth rate was 7.4%, making it the fastest-growing economy in the world. This was due to strong growth in the tourism and fishing sectors. Maldives is expected to continue to experience strong economic growth in the coming years.

 

3. Guyana

GDP Growth % : 19.9 %

Guyana is a country located on the northern coast of South America. It is bordered by Venezuela to the west, Brazil to the southwest, and Suriname to the east. Guyana has a population of about 775,000 people.

Guyana’s economy is based on agriculture and mining. The main crops grown in Guyana are sugarcane, rice, and wheat. The country also has large deposits of gold and bauxite.

 

4. Macao

GPD Growth % : 18%

Macao is a small country with a population of just over 600,000 people.

Despite its small size, Macao has a very strong economy. It has the highest GDP per capita in the world and is one of the top 10 countries in the world for GDP growth.

 

5. Panama

GDP Growth % : 15.3%

Panama is a country located in Central America. The Panamanian economy is the fastest-growing economy in Latin America, with an annual growth rate of 7.4% in 2019. The Panamanian government has been investing heavily in infrastructure projects, which has helped to boost economic growth.

 

6. Moldova

GDP Growth % : 13.9%

Moldova is a small country located in Eastern Europe. Despite its small size, Moldova has a very strong economy. In fact, it has the highest GDP growth percentage in the world.

Moldova’s economy is largely based on agriculture. However, the country has been working to diversify its economy in recent years. Moldova has been investing in different sectors, such as manufacturing, tourism, and information technology.

 

7. Bahamas

GDP Growth % : 13.7%

The Bahamas is an island country located in the Atlantic Ocean. The Bahamas has a population of about 400,000 people and a GDP of $12.3 billion. The Bahamas has an economy that is heavily dependent on tourism. Tourism accounts for about 60% of the Bahamas’ GDP. The Bahamas is also a popular destination for offshore banking and investment.

 

8. Ireland

GDP Growth % : 13.5%

Ireland’s export sector is driven by a number of large multinational companies that have their European headquarters in the country. These companies benefit from Ireland’s low corporate tax rate of just 12.5%. This helps to attract investment and creates jobs.

In addition to its strong export sector, Ireland also has a thriving tourism industry. This contributes to the country’s GDP growth as well. Ireland is a popular destination for tourists from all over the world, due to its stunning scenery and friendly people.

 

9. Peru

GDP Growth % : 13.3%

Peru’s economy is largely driven by its exports. The country is rich in mineral resources, and its main exports are gold, copper, and zinc. Peru is also a major producer of agricultural products such as coffee, cocoa, and fish.

Peru has a population of over 31 million people. The majority of the population lives in urban areas, with Lima being the largest city. Spanish is the official language of Peru, but many indigenous languages are also spoken.

 

10. Honduras

GDP Growth % : 12.5%

Honduras is a country located in Central America. The official name of the country is the Republic of Honduras. Honduras is bordered by Guatemala, El Salvador, and Nicaragua. The capital of Honduras is Tegucigalpa.

Honduras has a population of about 9 million people. The official language of Honduras is Spanish. The currency of Honduras is the Honduran lempira.

 

Must Read: Top 10 Poorest Country by GDP in 2021

Must Read: Top 10 Country by GDP in the world in 2021

 

Data Source: World Bank

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