GDP Growth by Country
What Is GDP Growth by Country?
GDP Growth measures the annual percentage change in a country’s total economic output compared to the previous year. It reflects how quickly a nation’s economy is expanding or contracting in real terms, adjusted for inflation. This indicator shows the pace at which a country produces more goods and services over time.
Why GDP Growth Matters to a Country’s Progress
- Demonstrates economic momentum, indicating whether an economy is accelerating or slowing relative to its own past.
- Signals potential changes in employment and income levels, as faster growth generally creates more job opportunities.
- Attracts or deters investment, since sustained growth rates often draw foreign capital and business confidence.
How to Read the Rankings
- A higher growth rate indicates a faster-expanding economy, while a negative rate means economic contraction.
- “Most Recent Year” shows the latest annual percentage change; “Change” is not used since the value itself is the year-over-year comparison.
- Volatile spikes or dips can result from one-time events (e.g., commodity booms, natural disasters) rather than long-term trends.
Implications for Policy & Society
- Rapid growth can give governments more tax revenue to fund infrastructure, education, and health programs.
- Policymakers may tighten monetary or fiscal policy to cool an overheated economy when growth is excessively high.
- Moderate, stable growth supports job creation without triggering unsustainable asset bubbles or high inflation.
- Sudden downturns often prompt stimulus measures or relief packages to protect vulnerable populations and stabilize markets.
Ranking Highlights
- Ukraine tops the progress rankings in GDP Growth, recording an increase from -28.76% to 5.32%. Libya follows with a gain from -8.25% to 10.16%, while Samoa rounds out the top three, rising from -5.31% to 8.58%.
- Across all 190 countries, the average year-over-year change was -1.63 percentage points% with a median change of -0.88 percentage points%.
- Overall, 67 countries improved in this area while 123 worsened. Click on a country to open the full country scorecard and see how it performs across a range of key indicators.
Rank | Country | Most Recent Year | Previous Year | Change |
---|---|---|---|---|
1 | ![]() | 5.32% (2023) | -28.76% (2022) | +34.08 pp |
2 | ![]() | 10.16% (2023) | -8.25% (2022) | +18.41 pp |
3 | ![]() | 8.58% (2023) | -5.31% (2022) | +13.89 pp |
4 | ![]() | 2.71% (2023) | -6.24% (2022) | +8.95 pp |
5 | ![]() | 3.89% (2023) | -4.66% (2022) | +8.55 pp |
6 | ![]() | -0.62% (2022) | -7.00% (2021) | +6.38 pp |
7 | ![]() | 0.75% (2018) | -5.07% (2017) | +5.82 pp |
8 | ![]() | 0.78% (2023) | -5.02% (2022) | +5.80 pp |
9 | ![]() | 3.60% (2023) | -2.07% (2022) | +5.67 pp |
10 | ![]() | 5.01% (2023) | -0.07% (2022) | +5.08 pp |
11 | ![]() | -2.30% (2023) | -7.35% (2022) | +5.05 pp |
12 | ![]() | 4.71% (2023) | 0.18% (2022) | +4.53 pp |
13 | ![]() | 7.50% (2023) | 4.15% (2022) | +3.35 pp |
14 | ![]() | 1.88% (2023) | -1.32% (2022) | +3.20 pp |
15 | ![]() | 3.85% (2023) | 0.68% (2022) | +3.17 pp |
16 | ![]() | 1.41% (2023) | -1.63% (2022) | +3.04 pp |
17 | ![]() | 6.68% (2023) | 3.73% (2022) | +2.95 pp |
18 | ![]() | 6.74% (2023) | 3.97% (2022) | +2.77 pp |
19 | ![]() | -18.12% (2023) | -20.58% (2022) | +2.46 pp |
20 | ![]() | 7.42% (2023) | 5.03% (2022) | +2.39 pp |
21 | ![]() | 5.25% (2023) | 2.95% (2022) | +2.30 pp |
22 | ![]() | 5.10% (2023) | 3.20% (2022) | +1.90 pp |
23 | ![]() | 3.40% (2023) | 1.53% (2022) | +1.87 pp |
24 | ![]() | 0.78% (2023) | -0.78% (2022) | +1.56 pp |
25 | ![]() | 4.22% (2023) | 2.73% (2022) | +1.49 pp |
26 | ![]() | 2.96% (2023) | 1.50% (2022) | +1.46 pp |
27 | ![]() | 4.12% (2023) | 2.80% (2022) | +1.32 pp |
28 | ![]() | 5.04% (2023) | 3.78% (2022) | +1.26 pp |
29 | ![]() | 3.85% (2023) | 2.63% (2022) | +1.22 pp |
30 | ![]() | 4.66% (2023) | 3.47% (2022) | +1.19 pp |
31 | ![]() | 6.50% (2023) | 5.32% (2022) | +1.18 pp |
32 | ![]() | 8.15% (2023) | 6.99% (2022) | +1.16 pp |
33 | ![]() | 5.44% (2023) | 4.36% (2022) | +1.08 pp |
34 | ![]() | 3.75% (2023) | 2.71% (2022) | +1.04 pp |
35 | ![]() | 1.89% (2023) | 0.92% (2022) | +0.97 pp |
36 | ![]() | 2.50% (2023) | 1.54% (2022) | +0.96 pp |
37 | ![]() | 1.38% (2023) | 0.45% (2022) | +0.93 pp |
38 | ![]() | 2.70% (2023) | 1.85% (2022) | +0.85 pp |
39 | ![]() | 4.57% (2023) | 3.75% (2022) | +0.82 pp |
40 | ![]() | 5.21% (2022) | 4.42% (2021) | +0.79 pp |
41 | ![]() | 4.58% (2023) | 3.83% (2022) | +0.75 pp |
42 | ![]() | 5.34% (2023) | 4.59% (2022) | +0.75 pp |
43 | ![]() | 1.68% (2023) | 0.95% (2022) | +0.73 pp |
44 | ![]() | 3.51% (2023) | 2.80% (2022) | +0.71 pp |
45 | ![]() | 5.56% (2023) | 4.86% (2022) | +0.70 pp |
46 | ![]() | 3.08% (2023) | 2.40% (2022) | +0.68 pp |
47 | ![]() | 6.41% (2023) | 5.76% (2022) | +0.65 pp |
48 | ![]() | 5.20% (2023) | 4.61% (2022) | +0.59 pp |
49 | ![]() | 5.11% (2023) | 4.55% (2022) | +0.56 pp |
50 | ![]() | 5.07% (2023) | 4.57% (2022) | +0.50 pp |
51 | ![]() | 4.10% (2023) | 3.60% (2022) | +0.50 pp |
52 | ![]() | 1.91% (2023) | 1.48% (2022) | +0.43 pp |
53 | ![]() | 5.71% (2023) | 5.31% (2022) | +0.40 pp |
54 | ![]() | 3.00% (2023) | 2.60% (2022) | +0.40 pp |
55 | ![]() | 2.89% (2023) | 2.51% (2022) | +0.38 pp |
56 | ![]() | 0.87% (2023) | 0.50% (2022) | +0.37 pp |
57 | ![]() | 8.30% (2023) | 8.00% (2022) | +0.30 pp |
58 | ![]() | 6.29% (2023) | 6.00% (2022) | +0.29 pp |
59 | ![]() | 2.21% (2023) | 1.92% (2022) | +0.29 pp |
60 | ![]() | 4.12% (2023) | 3.91% (2022) | +0.21 pp |
61 | ![]() | 0.37% (2023) | 0.17% (2022) | +0.20 pp |
62 | ![]() | 5.37% (2023) | 5.21% (2022) | +0.16 pp |
63 | ![]() | 2.54% (2023) | 2.41% (2022) | +0.13 pp |
64 | ![]() | 6.35% (2023) | 6.25% (2022) | +0.10 pp |
65 | ![]() | 6.30% (2023) | 6.20% (2022) | +0.10 pp |
66 | ![]() | 8.24% (2023) | 8.16% (2022) | +0.08 pp |
67 | ![]() | 2.68% (2023) | 2.65% (2022) | +0.03 pp |
68 | ![]() | 6.20% (2023) | 6.22% (2022) | -0.02 pp |
69 | ![]() | 6.34% (2023) | 6.41% (2022) | -0.07 pp |
70 | ![]() | 1.71% (2023) | 1.81% (2022) | -0.10 pp |
71 | ![]() | 2.91% (2023) | 3.02% (2022) | -0.11 pp |
72 | ![]() | 4.68% (2023) | 4.81% (2022) | -0.13 pp |
73 | ![]() | 1.35% (2023) | 1.48% (2022) | -0.13 pp |
74 | ![]() | 4.96% (2023) | 5.10% (2022) | -0.14 pp |
75 | ![]() | -1.86% (2023) | -1.68% (2022) | -0.18 pp |
76 | ![]() | 3.80% (2023) | 4.00% (2022) | -0.20 pp |
77 | ![]() | 5.05% (2023) | 5.31% (2022) | -0.26 pp |
78 | ![]() | 6.51% (2023) | 6.80% (2022) | -0.29 pp |
79 | ![]() | 8.56% (2023) | 8.92% (2022) | -0.36 pp |
80 | ![]() | 2.86% (2023) | 3.25% (2022) | -0.39 pp |
81 | ![]() | 5.11% (2023) | 5.53% (2022) | -0.42 pp |
82 | ![]() | 3.20% (2023) | 3.69% (2022) | -0.49 pp |
83 | ![]() | 3.25% (2023) | 3.74% (2022) | -0.49 pp |
84 | ![]() | 3.08% (2023) | 3.61% (2022) | -0.53 pp |
85 | ![]() | 3.58% (2023) | 4.14% (2022) | -0.56 pp |
86 | ![]() | 1.83% (2023) | 2.39% (2022) | -0.56 pp |
87 | ![]() | 1.89% (2023) | 2.46% (2022) | -0.57 pp |
88 | ![]() | 2.45% (2023) | 3.04% (2022) | -0.59 pp |
89 | ![]() | 2.11% (2023) | 2.70% (2022) | -0.59 pp |
90 | ![]() | 3.53% (2023) | 4.20% (2022) | -0.67 pp |
91 | ![]() | 2.07% (2023) | 2.76% (2022) | -0.69 pp |
92 | ![]() | 4.80% (2023) | 5.49% (2022) | -0.69 pp |
93 | ![]() | 5.34% (2023) | 6.14% (2022) | -0.80 pp |
94 | ![]() | 3.44% (2023) | 4.24% (2022) | -0.80 pp |
95 | ![]() | 4.71% (2023) | 5.58% (2022) | -0.87 pp |
96 | ![]() | 2.94% (2023) | 3.82% (2022) | -0.88 pp |
97 | ![]() | 3.94% (2023) | 4.83% (2022) | -0.89 pp |
98 | ![]() | 0.73% (2022) | 1.85% (2021) | -1.12 pp |
99 | ![]() | 6.02% (2023) | 7.16% (2022) | -1.14 pp |
100 | ![]() | 4.16% (2023) | 5.35% (2022) | -1.19 pp |
101 | ![]() | 0.70% (2023) | 1.91% (2022) | -1.21 pp |
102 | ![]() | 1.36% (2023) | 2.61% (2022) | -1.25 pp |
103 | ![]() | 5.78% (2023) | 7.10% (2022) | -1.32 pp |
104 | ![]() | 2.40% (2023) | 3.97% (2022) | -1.57 pp |
105 | ![]() | 0.94% (2023) | 2.57% (2022) | -1.63 pp |
106 | ![]() | -0.27% (2023) | 1.37% (2022) | -1.64 pp |
107 | ![]() | -0.31% (2023) | 1.46% (2022) | -1.77 pp |
108 | ![]() | 0.22% (2023) | 2.06% (2022) | -1.84 pp |
109 | ![]() | 0.72% (2023) | 2.57% (2022) | -1.85 pp |
110 | ![]() | 6.96% (2023) | 8.88% (2022) | -1.92 pp |
111 | ![]() | 2.21% (2023) | 4.23% (2022) | -2.02 pp |
112 | ![]() | 5.55% (2023) | 7.58% (2022) | -2.03 pp |
113 | ![]() | 1.00% (2023) | 3.04% (2022) | -2.04 pp |
114 | ![]() | 0.73% (2023) | 2.77% (2022) | -2.04 pp |
115 | ![]() | 1.89% (2023) | 4.04% (2022) | -2.15 pp |
116 | ![]() | 0.34% (2023) | 2.54% (2022) | -2.20 pp |
117 | ![]() | 0.59% (2023) | 3.02% (2022) | -2.43 pp |
118 | ![]() | -1.10% (2023) | 1.38% (2022) | -2.48 pp |
119 | ![]() | 2.36% (2023) | 4.86% (2022) | -2.50 pp |
120 | ![]() | 0.48% (2023) | 3.01% (2022) | -2.53 pp |
121 | ![]() | 1.25% (2023) | 3.82% (2022) | -2.57 pp |
122 | ![]() | -1.16% (2023) | 1.45% (2022) | -2.61 pp |
123 | ![]() | 0.04% (2023) | 2.67% (2022) | -2.63 pp |
124 | ![]() | 3.04% (2023) | 5.71% (2022) | -2.67 pp |
125 | ![]() | -2.31% (2022) | 0.36% (2021) | -2.67 pp |
126 | ![]() | 1.08% (2023) | 3.84% (2022) | -2.76 pp |
127 | ![]() | 2.73% (2023) | 5.49% (2022) | -2.76 pp |
128 | ![]() | -3.93% (2023) | -1.12% (2022) | -2.81 pp |
129 | ![]() | 6.15% (2023) | 8.97% (2022) | -2.82 pp |
130 | ![]() | 3.76% (2023) | 6.59% (2022) | -2.83 pp |
131 | ![]() | -0.09% (2023) | 2.85% (2022) | -2.94 pp |
132 | ![]() | 1.25% (2023) | 4.23% (2022) | -2.98 pp |
133 | ![]() | 2.98% (2023) | 5.98% (2022) | -3.00 pp |
134 | ![]() | 1.19% (2023) | 4.19% (2022) | -3.00 pp |
135 | ![]() | 2.20% (2023) | 5.22% (2022) | -3.02 pp |
136 | ![]() | 5.05% (2023) | 8.12% (2022) | -3.07 pp |
137 | ![]() | -3.02% (2023) | 0.06% (2022) | -3.08 pp |
138 | ![]() | 0.96% (2023) | 4.04% (2022) | -3.08 pp |
139 | ![]() | 7.83% (2023) | 10.96% (2022) | -3.13 pp |
140 | ![]() | -0.55% (2023) | 2.73% (2022) | -3.28 pp |
141 | ![]() | 7.40% (2023) | 10.77% (2022) | -3.37 pp |
142 | ![]() | 2.33% (2023) | 5.74% (2022) | -3.41 pp |
143 | ![]() | 2.68% (2023) | 6.18% (2022) | -3.50 pp |
144 | ![]() | 1.12% (2023) | 4.71% (2022) | -3.59 pp |
145 | ![]() | 1.95% (2023) | 5.63% (2022) | -3.68 pp |
146 | ![]() | -1.93% (2023) | 1.77% (2022) | -3.70 pp |
147 | ![]() | 3.57% (2023) | 7.32% (2022) | -3.75 pp |
148 | ![]() | 2.36% (2023) | 6.19% (2022) | -3.83 pp |
149 | ![]() | 3.62% (2023) | 7.51% (2022) | -3.89 pp |
150 | ![]() | 5.04% (2023) | 8.99% (2022) | -3.95 pp |
151 | ![]() | 0.70% (2023) | 4.66% (2022) | -3.96 pp |
152 | ![]() | 3.30% (2023) | 7.29% (2022) | -3.99 pp |
153 | ![]() | 2.42% (2023) | 6.47% (2022) | -4.05 pp |
154 | ![]() | 8.30% (2023) | 12.60% (2022) | -4.30 pp |
155 | ![]() | 0.37% (2023) | 4.71% (2022) | -4.34 pp |
156 | ![]() | 2.53% (2023) | 6.99% (2022) | -4.46 pp |
157 | ![]() | 0.34% (2023) | 4.84% (2022) | -4.50 pp |
158 | ![]() | 2.61% (2023) | 7.37% (2022) | -4.76 pp |
159 | ![]() | -0.04% (2023) | 4.78% (2022) | -4.82 pp |
160 | ![]() | 0.07% (2023) | 5.01% (2022) | -4.94 pp |
161 | ![]() | 0.14% (2023) | 5.26% (2022) | -5.12 pp |
162 | ![]() | -3.89% (2014) | 1.34% (2013) | -5.23 pp |
163 | ![]() | 3.56% (2023) | 8.86% (2022) | -5.30 pp |
164 | ![]() | -0.91% (2023) | 4.58% (2022) | -5.49 pp |
165 | ![]() | 3.86% (2023) | 9.52% (2022) | -5.66 pp |
166 | ![]() | 7.90% (2022) | 13.90% (2021) | -6.00 pp |
167 | ![]() | 5.04% (2023) | 11.05% (2022) | -6.01 pp |
168 | ![]() | -0.95% (2023) | 5.28% (2022) | -6.23 pp |
169 | ![]() | 0.61% (2023) | 7.29% (2022) | -6.68 pp |
170 | ![]() | -1.61% (2023) | 5.27% (2022) | -6.88 pp |
171 | ![]() | 2.58% (2023) | 9.56% (2022) | -6.98 pp |
172 | ![]() | 2.64% (2023) | 10.78% (2022) | -8.14 pp |
173 | ![]() | 2.28% (2023) | 10.52% (2022) | -8.24 pp |
174 | ![]() | -0.75% (2023) | 7.49% (2022) | -8.24 pp |
175 | ![]() | 1.31% (2023) | 9.58% (2022) | -8.27 pp |
176 | ![]() | -5.09% (2023) | 3.22% (2022) | -8.31 pp |
177 | ![]() | 1.15% (2023) | 9.65% (2022) | -8.50 pp |
178 | ![]() | 4.73% (2023) | 13.83% (2022) | -9.10 pp |
179 | ![]() | 2.50% (2023) | 11.90% (2022) | -9.40 pp |
180 | ![]() | -3.64% (2023) | 5.86% (2022) | -9.50 pp |
181 | ![]() | 5.48% (2023) | 15.84% (2022) | -10.36 pp |
182 | ![]() | -2.94% (2023) | 7.64% (2022) | -10.58 pp |
183 | ![]() | 3.16% (2023) | 14.98% (2022) | -11.82 pp |
184 | ![]() | 7.52% (2023) | 19.79% (2022) | -12.27 pp |
185 | ![]() | 4.09% (2023) | 17.83% (2022) | -13.74 pp |
186 | ![]() | -5.53% (2023) | 8.62% (2022) | -14.15 pp |
187 | ![]() | -10.79% (2015) | 3.37% (2014) | -14.16 pp |
188 | ![]() | 2.21% (2023) | 20.39% (2022) | -18.18 pp |
189 | ![]() | -20.11% (2023) | -0.96% (2022) | -19.15 pp |
190 | ![]() | 33.80% (2023) | 63.33% (2022) | -29.53 pp |
Source: World Bank. Only countries with complete data (both points within the past 10 years) are shown.