Economy plays a very important role in helping the country’s progress at international level. A strong and a stable economy helps creating more job opportunities and the standard of living is further improved. Here, in this article we’re going to be discussing ten fastest growing economies in the world. Most of the nations here in the list are mostly developing nations. The speed at which they’re growing certainly guarantees the fact that they won’t be developing nations soon enough. Without wasting any more time, let’s find out the top ten fastest growing economies in the world 2012.
10. South Korea
At the 10th spot we have South Korea with a GDP per capita of 17,380 and growth rate of 4.7%.
9. Myanmar
At the 9th spot we have Myanmar with a GDP per capita of 1,500and growth rate of 4.8%.
8. Guyana
At the 8th spot we have Guyana with a GDP per capita of 3,963and growth rate of 5.0%.
7. Chile
At the 7th spot we have Chile with a GDP per capita of 9,417and growth rate of 5.2%.
6. Maldives
At the 6thspot we have Maldives with a GDP per capita of 4,485and growth rate of 5.2%.
5. Sudan
At the 5th spot we have Sudan with a GDP per capita of 1,797and growth rate of 5.6%.
4. Vietnam
At the 4th spot we have Vietnam with a GDP per capita of 1,996and growth rate of 6.0%.
3. Ireland
At the 3rd spot we have Ireland with a GDP per capita of 29,866and growth rate of 6.5%.
2. China
At the 2nd spot we have China with a GDP per capita of 3,976 and growth rate of 9.2%.
1. Equatorial Guinea
At the 1st spot we have Equatorial Guinea with a GDP per capita of 15,073and growth rate of 18.9%.
Haiti should be in there as well. They are expected to grow 8.8% and Iraq is expected to grow 10.0% and should also be in there.
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