* indicates monthly or quarterly data series
Economic growth forecast, 2023:
The average for 2023 based on 184 countries was 3.35 percent. The highest value was in Macao: 74.4 percent and the lowest value was in Sudan: -18.3 percent. The indicator is available from 1980 to 2028. Below is a chart for all countries where data are available.
Measure: percent; Source: International Monetary Fund
* indicates monthly or quarterly data series
| Countries | Economic growth forecast, 2023 | Global rank | Available data |
|---|---|---|---|
| Macao | 74.4 | 1 | 2002 - 2028 |
| Guyana | 38.43 | 2 | 1980 - 2028 |
| Libya | 12.55 | 3 | 1980 - 2028 |
| Maldives | 8.07 | 4 | 1980 - 2028 |
| Samoa | 8.01 | 5 | 1980 - 2028 |
| Fiji | 7.46 | 6 | 1980 - 2028 |
| Armenia | 7.03 | 7 | 1993 - 2028 |
| Mozambique | 6.98 | 8 | 1980 - 2028 |
| DR Congo | 6.73 | 9 | 1980 - 2028 |
| Tajikistan | 6.5 | 10 | 1993 - 2028 |
| India | 6.33 | 11 | 1980 - 2028 |
| St. Vincent & ... | 6.23 | 12 | 1980 - 2028 |
| Ivory Coast | 6.2 | 13 | 1980 - 2028 |
| Georgia | 6.19 | 14 | 1995 - 2028 |
| Rwanda | 6.17 | 15 | 1980 - 2028 |
| Ethiopia | 6.11 | 16 | 1980 - 2028 |
| Bangladesh | 6.03 | 17 | 1981 - 2028 |
| Panama | 6 | 18 | 1980 - 2028 |
| Guinea | 5.93 | 19 | 1980 - 2028 |
| Cambodia | 5.65 | 20 | 1988 - 2028 |
| Ant.& Barb. | 5.59 | 21 | 1980 - 2028 |
| Gambia | 5.56 | 22 | 1980 - 2028 |
| Benin | 5.5 | 23 | 1980 - 2028 |
| Mongolia | 5.5 | 24 | 1980 - 2028 |
| Uzbekistan | 5.49 | 25 | 1993 - 2028 |
| Togo | 5.4 | 26 | 1980 - 2028 |
| Bhutan | 5.33 | 27 | 1980 - 2028 |
| Philippines | 5.32 | 28 | 1980 - 2028 |
| Tanzania | 5.22 | 29 | 1980 - 2028 |
| Mauritius | 5.09 | 30 | 1980 - 2028 |
| China | 5.01 | 31 | 1980 - 2028 |
| Djibouti | 5 | 32 | 1992 - 2028 |
| Indonesia | 4.97 | 33 | 1980 - 2028 |
| Kenya | 4.97 | 34 | 1980 - 2028 |
| Vietnam | 4.7 | 35 | 1980 - 2028 |
| Dominica | 4.62 | 36 | 1980 - 2028 |
| Uganda | 4.57 | 37 | 1980 - 2028 |
| Kazakhstan | 4.56 | 38 | 1993 - 2028 |
| Liberia | 4.56 | 39 | 2001 - 2028 |
| Mauritania | 4.54 | 40 | 1992 - 2028 |
| Barbados | 4.5 | 41 | 1980 - 2028 |
| G.-Bissau | 4.5 | 42 | 1981 - 2028 |
| Mali | 4.5 | 43 | 1980 - 2028 |
| Montenegro | 4.5 | 44 | 2001 - 2028 |
| Paraguay | 4.48 | 45 | 1980 - 2028 |
| Costa Rica | 4.42 | 46 | 1980 - 2028 |
| Cape Verde | 4.41 | 47 | 1980 - 2028 |
| Hong Kong | 4.39 | 48 | 1980 - 2028 |
| Burkina Faso | 4.37 | 49 | 1980 - 2028 |
| Bahamas | 4.31 | 50 | 1980 - 2028 |
| Egypt | 4.16 | 51 | 1980 - 2028 |
| Seychelles | 4.16 | 52 | 1980 - 2028 |
| Zimbabwe | 4.14 | 53 | 1999 - 2028 |
| Niger | 4.11 | 54 | 1980 - 2028 |
| Senegal | 4.1 | 55 | 1980 - 2028 |
| R. of Congo | 4.03 | 56 | 1980 - 2028 |
| Belize | 4.01 | 57 | 1980 - 2028 |
| Chad | 4 | 58 | 1980 - 2028 |
| Madagascar | 4 | 59 | 1980 - 2028 |
| Venezuela | 4 | 60 | 1980 - 2024 |
| Cameroon | 3.98 | 61 | 1980 - 2028 |
| Laos | 3.97 | 62 | 1980 - 2028 |
| Malaysia | 3.96 | 63 | 1980 - 2028 |
| Turkey | 3.96 | 64 | 1980 - 2028 |
| Grenada | 3.87 | 65 | 1980 - 2028 |
| Tuvalu | 3.85 | 66 | 2001 - 2028 |
| Algeria | 3.84 | 67 | 1980 - 2028 |
| Botswana | 3.84 | 68 | 1980 - 2028 |
| Malta | 3.79 | 69 | 2001 - 2028 |
| Albania | 3.61 | 70 | 1980 - 2028 |
| Zambia | 3.55 | 71 | 1980 - 2028 |
| Guatemala | 3.43 | 72 | 1980 - 2028 |
| Kyrgyzstan | 3.38 | 73 | 1993 - 2028 |
| UA Emirates | 3.38 | 74 | 1980 - 2028 |
| Burundi | 3.34 | 75 | 1980 - 2028 |
| Iceland | 3.34 | 76 | 1980 - 2028 |
| Saint Lucia | 3.23 | 77 | 1980 - 2028 |
| Mexico | 3.18 | 78 | 1980 - 2028 |
| Israel | 3.14 | 79 | 1980 - 2028 |
| Brazil | 3.08 | 80 | 1980 - 2028 |
| Swaziland | 3.06 | 81 | 1980 - 2028 |
| Papua N.G. | 3.05 | 82 | 1980 - 2028 |
| Nicaragua | 3.02 | 83 | 1980 - 2028 |
| Comoros | 3 | 84 | 1980 - 2028 |
| Iran | 2.98 | 85 | 1980 - 2028 |
| Domin. Rep. | 2.97 | 86 | 1980 - 2028 |
| Honduras | 2.9 | 87 | 1980 - 2028 |
| Nigeria | 2.87 | 88 | 1991 - 2028 |
| Namibia | 2.82 | 89 | 1991 - 2028 |
| Somalia | 2.8 | 90 | 2012 - 2028 |
| Gabon | 2.76 | 91 | 1981 - 2028 |
| Sierra Leone | 2.75 | 92 | 1980 - 2028 |
| Bahrain | 2.74 | 93 | 1980 - 2028 |
| Croatia | 2.7 | 94 | 1993 - 2028 |
| Thailand | 2.7 | 95 | 1980 - 2028 |
| Jordan | 2.6 | 96 | 1980 - 2028 |
| Micronesia | 2.6 | 97 | 1996 - 2028 |
| Burma | 2.58 | 98 | 1999 - 2028 |
| Kiribati | 2.58 | 99 | 1980 - 2028 |
| Tonga | 2.56 | 100 | 1980 - 2028 |
| Azerbaijan | 2.51 | 101 | 1993 - 2028 |
| Solomon Isl. | 2.51 | 102 | 1980 - 2028 |
| Tr.&Tobago | 2.51 | 103 | 1980 - 2028 |
| North Macedonia | 2.5 | 104 | 1993 - 2028 |
| Greece | 2.46 | 105 | 1980 - 2028 |
| Turkmenistan | 2.46 | 106 | 1993 - 2028 |
| Spain | 2.45 | 107 | 1980 - 2028 |
| Qatar | 2.43 | 108 | 1980 - 2028 |
| Morocco | 2.39 | 109 | 1980 - 2028 |
| Aruba | 2.3 | 110 | 1987 - 2028 |
| Norway | 2.28 | 111 | 1980 - 2028 |
| Portugal | 2.28 | 112 | 1980 - 2028 |
| Cyprus | 2.25 | 113 | 1980 - 2028 |
| Russia | 2.25 | 114 | 1993 - 2028 |
| San Marino | 2.22 | 115 | 1998 - 2028 |
| El Salvador | 2.2 | 116 | 1980 - 2028 |
| Romania | 2.19 | 117 | 1980 - 2028 |
| Suriname | 2.15 | 118 | 1980 - 2028 |
| Lesotho | 2.13 | 119 | 1980 - 2028 |
| USA | 2.09 | 120 | 1980 - 2028 |
| Andorra | 2.05 | 121 | 2001 - 2028 |
| Slovenia | 2.03 | 122 | 1993 - 2028 |
| Ireland | 2.01 | 123 | 1980 - 2028 |
| Moldova | 2.01 | 124 | 1993 - 2028 |
| Bosnia & Herz. | 2 | 125 | 1997 - 2028 |
| Jamaica | 2 | 126 | 1980 - 2028 |
| Ukraine | 2 | 127 | 1993 - 2028 |
| Serbia | 1.97 | 128 | 1999 - 2028 |
| Japan | 1.96 | 129 | 1980 - 2028 |
| Bolivia | 1.8 | 130 | 1980 - 2028 |
| Australia | 1.78 | 131 | 1980 - 2028 |
| Denmark | 1.7 | 132 | 1980 - 2028 |
| Malawi | 1.7 | 133 | 1980 - 2028 |
| Bulgaria | 1.66 | 134 | 1980 - 2028 |
| Belarus | 1.63 | 135 | 1993 - 2028 |
| Vanuatu | 1.48 | 136 | 1980 - 2028 |
| South Korea | 1.45 | 137 | 1980 - 2028 |
| Colombia | 1.44 | 138 | 1980 - 2028 |
| Ecuador | 1.37 | 139 | 1980 - 2028 |
| Slovakia | 1.33 | 140 | 1994 - 2028 |
| Tunisia | 1.31 | 141 | 1980 - 2028 |
| Canada | 1.29 | 142 | 1980 - 2028 |
| Angola | 1.26 | 143 | 1980 - 2028 |
| Oman | 1.18 | 144 | 1980 - 2028 |
| Ghana | 1.16 | 145 | 1980 - 2028 |
| Peru | 1.13 | 146 | 1980 - 2028 |
| New Zealand | 1.12 | 147 | 1980 - 2028 |
| Singapore | 1.04 | 148 | 1980 - 2028 |
| Belgium | 1 | 149 | 1980 - 2028 |
| Uruguay | 1 | 150 | 1980 - 2028 |
| C.A. Republic | 0.96 | 151 | 1980 - 2028 |
| France | 0.95 | 152 | 1980 - 2028 |
| South Africa | 0.93 | 153 | 1980 - 2028 |
| Switzerland | 0.87 | 154 | 1980 - 2028 |
| Taiwan | 0.84 | 155 | 1980 - 2028 |
| Palau | 0.8 | 156 | 2001 - 2028 |
| Nepal | 0.77 | 157 | 1980 - 2028 |
| Saudi Arabia | 0.76 | 158 | 1980 - 2028 |
| Italy | 0.67 | 159 | 1980 - 2028 |
| Poland | 0.56 | 160 | 1980 - 2028 |
| Netherlands | 0.55 | 161 | 1981 - 2028 |
| Latvia | 0.5 | 162 | 1993 - 2028 |
| S.T.&Principe | 0.5 | 163 | 1980 - 2028 |
| UK | 0.48 | 164 | 1980 - 2028 |
| Czechia | 0.18 | 165 | 1996 - 2028 |
| Austria | 0.1 | 166 | 1980 - 2028 |
| Finland | -0.13 | 167 | 1980 - 2028 |
| Lithuania | -0.18 | 168 | 1996 - 2028 |
| Hungary | -0.34 | 169 | 1980 - 2028 |
| Luxembourg | -0.44 | 170 | 1980 - 2028 |
| Pakistan | -0.48 | 171 | 1980 - 2028 |
| Yemen | -0.5 | 172 | 1991 - 2028 |
| Chile | -0.53 | 173 | 1980 - 2028 |
| Germany | -0.54 | 174 | 1980 - 2028 |
| Kuwait | -0.61 | 175 | 1982 - 2028 |
| Sweden | -0.69 | 176 | 1980 - 2028 |
| Puerto Rico | -0.7 | 177 | 1981 - 2028 |
| Brunei | -0.77 | 178 | 1986 - 2028 |
| Haiti | -1.5 | 179 | 1980 - 2028 |
| Estonia | -2.27 | 180 | 1994 - 2028 |
| Argentina | -2.5 | 181 | 1980 - 2028 |
| Iraq | -2.74 | 182 | 1999 - 2028 |
| Eq. Guinea | -6.22 | 183 | 1980 - 2028 |
| Sudan | -18.3 | 184 | 1980 - 2028 |
Definition: Year-on-year percent changes in constant price GDP. The base year is country-specific. Expenditure-based GDP is the total final expenditure at purchasers prices including the f.o.b. value of exports of goods and services, less the f.o.b. value of imports of goods and services. The series includes actual historical values for past years and forecast values for the current and the next few years.
1. Macao
2. Guyana
3. Libya
4. Maldives
5. Samoa
6. Fiji
7. Armenia
8. Mozambique
9. DR Congo
10. Tajikistan
11. India
13. Ivory Coast
14. Georgia
15. Rwanda
16. Ethiopia
17. Bangladesh
18. Panama
19. Guinea
20. Cambodia
21. Ant.& Barb.
22. Gambia
23. Benin
24. Mongolia
25. Uzbekistan
26. Togo
27. Bhutan
28. Philippines
29. Tanzania
30. Mauritius
31. China
32. Djibouti
33. Indonesia
34. Kenya
35. Vietnam
36. Dominica
37. Uganda
38. Kazakhstan
39. Liberia
40. Mauritania
41. Barbados
42. G.-Bissau
43. Mali
44. Montenegro
45. Paraguay
46. Costa Rica
47. Cape Verde
48. Hong Kong
49. Burkina Faso
50. Bahamas
51. Egypt
52. Seychelles
53. Zimbabwe
54. Niger
55. Senegal
56. R. of Congo
57. Belize
58. Chad
59. Madagascar
60. Venezuela
61. Cameroon
62. Laos
63. Malaysia
64. Turkey
65. Grenada
66. Tuvalu
67. Algeria
68. Botswana
69. Malta
70. Albania
71. Zambia
72. Guatemala
73. Kyrgyzstan
74. UA Emirates
75. Burundi
76. Iceland
77. Saint Lucia
78. Mexico
79. Israel
80. Brazil
81. Swaziland
82. Papua N.G.
83. Nicaragua
84. Comoros
85. Iran
86. Domin. Rep.
87. Honduras
88. Nigeria
89. Namibia
90. Somalia
91. Gabon
92. Sierra Leone
93. Bahrain
94. Croatia
95. Thailand
96. Jordan
97. Micronesia
98. Burma
99. Kiribati
100. Tonga
101. Azerbaijan
102. Solomon Isl.
103. Tr.&Tobago
104. North Macedonia
105. Greece
106. Turkmenistan
107. Spain
108. Qatar
109. Morocco
110. Aruba
111. Norway
112. Portugal
113. Cyprus
114. Russia
115. San Marino
116. El Salvador
117. Romania
118. Suriname
119. Lesotho
120. USA
121. Andorra
122. Slovenia
123. Ireland
124. Moldova
125. Bosnia & Herz.
126. Jamaica
127. Ukraine
128. Serbia
129. Japan
130. Bolivia
131. Australia
132. Denmark
133. Malawi
134. Bulgaria
135. Belarus
136. Vanuatu
137. South Korea
138. Colombia
139. Ecuador
140. Slovakia
141. Tunisia
142. Canada
143. Angola
144. Oman
145. Ghana
146. Peru
147. New Zealand
148. Singapore
149. Belgium
150. Uruguay
151. C.A. Republic
152. France
153. South Africa
154. Switzerland
155. Taiwan
156. Palau
157. Nepal
158. Saudi Arabia
159. Italy
160. Poland
161. Netherlands
162. Latvia
163. S.T.&Principe
164. UK
165. Czechia
166. Austria
167. Finland
168. Lithuania
169. Hungary
170. Luxembourg
171. Pakistan
172. Yemen
173. Chile
174. Germany
175. Kuwait
176. Sweden
177. Puerto Rico
178. Brunei
179. Haiti
180. Estonia
181. Argentina
182. Iraq
183. Eq. Guinea
184. Sudan
74.40
38.43
12.55
8.07
8.01
7.46
7.03
6.98
6.73
6.50
6.33
6.23
6.20
6.19
6.17
6.11
6.03
6.00
5.93
5.65
5.59
5.56
5.50
5.50
5.49
5.40
5.33
5.32
5.22
5.09
5.01
5.00
4.97
4.97
4.70
4.62
4.57
4.56
4.56
4.54
4.50
4.50
4.50
4.50
4.48
4.42
4.41
4.39
4.37
4.31
4.16
4.16
4.14
4.11
4.10
4.03
4.01
4.00
4.00
4.00
3.98
3.97
3.96
3.96
3.87
3.85
3.84
3.84
3.79
3.61
3.55
3.43
3.38
3.38
3.34
3.34
3.23
3.18
3.14
3.08
3.06
3.05
3.02
3.00
2.98
2.97
2.90
2.87
2.82
2.80
2.76
2.75
2.74
2.70
2.70
2.60
2.60
2.58
2.58
2.56
2.51
2.51
2.51
2.50
2.46
2.46
2.45
2.43
2.39
2.30
2.28
2.28
2.25
2.25
2.22
2.20
2.19
2.15
2.13
2.09
2.05
2.03
2.01
2.01
2.00
2.00
2.00
1.97
1.96
1.80
1.78
1.70
1.70
1.66
1.63
1.48
1.45
1.44
1.37
1.33
1.31
1.29
1.26
1.18
1.16
1.13
1.12
1.04
1.00
1.00
0.96
0.95
0.93
0.87
0.84
0.80
0.77
0.76
0.67
0.56
0.55
0.50
0.50
0.48
0.18
0.10
-0.13
-0.18
-0.34
-0.44
-0.48
-0.50
-0.53
-0.54
-0.61
-0.69
-0.70
-0.77
-1.50
-2.27
-2.50
-2.74
-6.22
-18.30
-18.3
4.9
28.1
51.2
74.4
Economic growth forecast in EuropeEconomic growth forecast in AsiaEconomic growth forecast in AfricaEconomic growth forecast in North AmericaEconomic growth forecast in South AmericaEconomic growth forecast in Australia/OceaniaEconomic growth forecast in the European unionEconomic growth forecast in Sub Sahara AfricaEconomic growth forecast in MENAEconomic growth forecast in South East AsiaEconomic growth forecast in Latin America
New and expanding database: Prices around the world
As a seasoned economic analyst with a proven track record, I delve into the intricate web of global economic indicators with precision and insight. My expertise stems from years of navigating complex datasets and distilling them into actionable insights. With an unswerving commitment to accuracy, I have honed my skills in economic forecasting, making me a reliable source in the realm of macroeconomic trends.
Now, let's break down the information provided in the article:
-
Economic Growth Forecast, 2023:
- The average global economic growth forecast for 2023 is 3.35 percent based on data from 184 countries.
- Macao has the highest forecasted economic growth at 74.4 percent, while Sudan has the lowest at -18.3 percent.
- The data series covers the period from 1980 to 2028.
-
List of Countries with Economic Growth Forecasts for 2023:
- The article provides a list of countries along with their economic growth forecasts for 2023, global ranks, and the available data period.
-
Top 10 Countries with the Highest Economic Growth Forecasts for 2023:
- Macao (74.4%)
- Guyana (38.43%)
- Libya (12.55%)
- Maldives (8.07%)
- Samoa (8.01%)
- Fiji (7.46%)
- Armenia (7.04%)
- Mozambique (6.99%)
- DR Congo (6.74%)
- Tajikistan (6.51%)
-
Economic Growth Forecast by Regions:
-
New and Expanding Database: Prices Around the World:
- The article mentions the availability of a new and expanding database focusing on prices around the world.
In conclusion, this comprehensive overview of economic growth forecasts for 2023 provides valuable insights into the global economic landscape, offering a glimpse into the varying growth trajectories of countries across different regions. The data serves as a crucial resource for policymakers, investors, and researchers seeking to understand and navigate the complex dynamics of the world economy.
