Countries with the Highest GDP Growth Rate 2024

About This Dataset

Countries ranked by their real GDP growth rate in 2024 according to IMF World Economic Outlook data. Emerging economies in South and Southeast Asia led global growth in 2024, with India consistently recording among the fastest growth rates of any major economy.

✨ AI Insight

India's projected GDP growth rate of 6.8% in 2024 underscores its position as a key player in the global economy, significantly outpacing larger economies like the United States, which is forecasted to grow at just 2.8%. Vietnam and the Philippines also demonstrate strong growth at 6.4% and 6.1%, respectively, indicating a trend of rising economic dynamism in Southeast Asia. In contrast, more developed nations such as Germany and Japan are lagging, with growth rates of only 0.2% and 0.9%. This disparity may be attributed to structural challenges in advanced economies, while emerging markets benefit from youthful populations and increasing foreign investments, suggesting a potential shift in global economic power dynamics.

Source: International Monetary Fund

Key Findings

Auto-computed highlights from this dataset

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India leads with 7 in 2024.

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Average value in 2024: 4 · median: 5.

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Gap in 2024: India is 34× larger than Germany.