Economy

Ranked: The World’s Fastest Growing Economies in 2025

Published

1 month ago

March 19, 2025

Marcus Lu

Graphics/Design:

Amy Kuo

See this visualization first on the Voronoi app.

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Ranked: The World’s Fastest Growing Economies in 2025

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Key Takeaways

12 of these countries are located in Africa, and six are in Asia
The oil industry plays a major role in many of these economies

Which economies are set to grow the fastest?

Using the latest IMF projections, this infographic ranks the fastest growing economies in 2025, highlighting Africa and Asia as the top regions.

See below for the raw data behind this graphic.

Country	Region	Real GDP Growth 2025 (%)
🇸🇸 South Sudan	Africa	27.2
🇬🇾 Guyana	South America	14.4
🇱🇾 Libya	Africa	13.7
🇸🇳 Senegal	Africa	9.3
🇵🇼 Palau	Oceania	8.5
🇸🇩 Sudan	Africa	8.3
🇺🇬 Uganda	Africa	7.5
🇳🇪 Niger	Africa	7.3
🇲🇴 Macao SAR	Asia	7.3
🇧🇹 Bhutan	Asia	7.2
🇲🇳 Mongolia	Asia	7.0
🇿🇲 Zambia	Africa	6.6
🇧🇯 Benin	Africa	6.5
🇪🇹 Ethiopia	Africa	6.5
🇷🇼 Rwanda	Africa	6.5
🇮🇳 India	Asia	6.5
🇨🇮 Côte d'Ivoire	Africa	6.4
🇵🇭 Philippines	Asia	6.1
🇻🇳 Vietnam	Asia	6.1
🇩🇯 Djibouti	Africa	6.0
World Avg	--	3.2

Oil Powering Economic Growth

The top economies in this ranking are heavily tied to the oil sector, meaning fluctuations in production can have a drastic effect on GDP.

Let’s take a closer look at the top two.

South Sudan (+27.2%)

South Sudan’s GDP has fluctuated up and down in recent years due to an ongoing civil war that has thrown its population into extreme poverty.

As a landlocked country, South Sudan also relies on pipelines that run through its northern neighbor, Sudan, to transport its oil to the Red Sea.

In 2024, South Sudan’s most important pipeline ruptured, putting massive strain on government revenue. Repairing the pipeline is difficult because parts of it lie in active conflict zones.

According to Bloomberg, South Sudan has been seeking alternative routes to export its oil, as well as cash bailouts from Qatar and the United Arab Emirates to stay afloat.

Guyana (+14.4%)

Guyana is the only South American country featured in this ranking. It was once one of the poorest countries in the region until major oil deposits were discovered off its coasts in May 2015.

According to a 2023 article from the Associated Press, oil production in Guyana began in December 2019 and has generated over a billion dollars in revenue.

The Guyanese government is using this money to fund a massive infrastructure boom which includes new hospitals, schools, highways, and its first deep-water port.

Analysts expect the country’s total oil revenues will reach $157 billion by 2040.