Fastest-growing economies globally

Bangladesh stands out in this ranking due to its impressive trajectory of sustained economic growth, driven by a strong manufacturing base, particularly in the textile sector, and increasing investment in infrastructure and technology. Its ability to maintain high expansion rates, despite global challenges, demonstrates significant resilience and economic potential.

• It is one of the fastest-growing economies in Asia

• Rapid pace of economic growth driven by its exports

• South Asia's fastest-growing economy

• Fast-growing domestic market exceeding 164 million people

Rwanda stands out in this ranking due to its impressive trajectory of sustained economic growth, driven by government policies focused on economic diversification, investment in technology, and improving the business climate. Its commitment to innovation and stability has attracted foreign investment, consolidating its position as one of the most dynamic emerging economies.

• GDP per capita multiplied by four in 25 years

• Annual GDP growth averaged 7.50 percent from 2000 to 2024

• GDP growth in 2024 has grown by 8.9% compared to 2023

Ethiopia stands out in this ranking due to its impressive sustained economic growth, driven by significant investments in infrastructure and the agricultural sector. Its focus on industrialization and economic diversification has laid the groundwork for continuous and robust expansion.

• GDP growth of 7.3% in 2023

• Economy with an average growth of 11% in the last five years

Uzbekistan is experiencing notable economic growth driven by its market-oriented reforms and economic liberalization. The diversification of its industry, particularly in sectors like manufacturing and agriculture, coupled with an increase in foreign investment, fuels its rapid expansion.

• Growth in the volume of services provided

Vietnam stands out for its impressive trajectory of sustained economic growth, driven by a strong manufacturing base and a steady increase in exports. Its economic diversification strategy and attraction of foreign direct investment position it as a leader in the landscape of emerging economies.

• Reduction in poverty rate

• GDP growth higher than the previous year

• Manufacturing sector as a driver of economic growth

• Aspiration to become an Asian tiger economy