Top 5 Fastest Growing Economies in the World Right Now

A country of 800,000 people. 11 billion barrels of oil discovered in 2015. Now growing at 14–20% per year. It's not a major power. You might not even find it on a map. But right now it is the fastest growing economy on Earth. We rank the 5 fastest growing economies by IMF GDP growth projections. Here's the ranking: #5 — Philippines — ~6.2% growth — Median age 25. 10M overseas workers. The world's second-fastest growing business process outsourcing market. English fluency at scale. #4 — Bangladesh — ~6.5% growth — Poverty fell from 74% to 18% in 30 years. World's #2 garment exporter. One of history's fastest development transformations. #3 — Vietnam — ~6.8% growth — Samsung makes 50% of its phones here. Apple is moving factories in. Vietnam is becoming the next factory of the world. #2 — India — ~7.1% growth — The world's fastest growing major economy. €3.8T / $4T base. 10 billion UPI transactions per month. On track to be #3 in the world by 2027. #1 — Guyana — 14–20% growth — Oil discovered in 2015. ExxonMobil moved in. Output doubling every two years. A country of 800,000 is becoming one of the wealthiest per capita in the hemisphere. The gap between India at #2 and Guyana at #1 is almost 10 percentage points of growth. On paper — Guyana is growing twice as fast as the fastest growing major economy. Which country do you think has the brightest long-term future? Drop it in the comments and subscribe. #Economy #GDP #India #Guyana #FastestGrowingEconomy