In 2025, the economy of South Sudan grew by approximately percent, making it the fastest growing economy in the world that year, though this was after the economy shrank by over percent in 2024.
GDP around the world
Gross domestic product (GDP) is an indicator of the monetary value of all goods and services produced by a nation in a specific time period. GDP is a strong index of a country’s economic strength - the higher the GDP of a nation, the stronger that country’s economy. The countries in the world with the highest GDP or GDP per capita are mainly developed and emerging countries, with global gross domestic product amounting to nearly trillion U.S. dollars. As of 2016, the United States is the nation in the world with the highest GDP with more than trillion U.S. dollars, which makes up more than percent of the global GDP.
The countries with the lowest gross domestic product per capita in 2014 were mainly African nations. The country in the world with the lowest GDP per capita in 2016 was South Sudan, followed by Malawi, and Burundi. However, several economically struggling African and Asian countries such as Myanmar, Côte d'Ivoire, Bhutan, and India reported the highest growth of the gross domestic product in 2016.
Also in the top 20 nations with the highest growth of the GDP is China. In 2016, the GDP in China was the second highest GDP in the world. It is estimated that by 2019 the GDP in China will grow by percent. Based on this estimate, GDP in China will be at around trillion U.S. dollars by 2019.
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