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This is a list of countries by industrial production growth rate mostly based on The World Factbook, [1] as of September 2024. A colour-coded map showing countries or territories by industrial production growth rate in 2017 in percentages, based on data from The World Factbook. Countries or territories without data or with data from earlier ...
India has the one of fastest growing service sectors in the world with annual growth rate of above 9% since 2001, which contributed to 57% of GDP in 2012–13. [87] India has capitalized its economy based on its large educated English-speaking population to become a major exporter of IT services, BPO services, and software services with $174.7 ...
For the last 100 years, there has been a substantial shift from the primary and secondary sectors to the tertiary sector in industrialized countries. This shift is called tertiarisation. [2] The tertiary sector is now the largest sector of the economy in the Western world, and is also the fastest-growing sector
The figures are from the International Monetary Fund (IMF) World Economic Outlook Database, unless otherwise specified. [1] This list is not to be confused with the list of countries by real GDP per capita growth, which is the percentage change of GDP per person taking into account the changing population of the country.
The service sector makes up more than 50% of GDP and remains the fastest growing sector, while the industrial sector and the agricultural sector employs a majority of the labor force. [110] The Bombay Stock Exchange and National Stock Exchange are some of the world's largest stock exchanges by market capitalisation. [111]
Ethiopia has one of the fastest-growing economies in the world and is Africa's second most populous country. [29] Many properties owned by the government during the previous regime have now been privatized or are in the process of privatization and the liberalization of its financial sector in the near future. [30]
In 2012, Indonesia was the second fastest-growing G-20 economy, behind China, and the annual growth rate fluctuated around 5% in the following years. [39] [40] Indonesia faced a recession in 2020 when the economic growth collapsed to −2.07% due to the COVID-19 pandemic, its worst economic performance since the 1997 crisis. [41]
In the same vein the World Bank approved $536 million in interest-free loans. [99] The economy saw continuous real GDP growth of at least 6% since 2009. Bangladesh emerged as one of the fastest growing economies. According to economist Syed Akhtar Mahmood, the Bangladeshi government is often seen as the villain in the country's economic story.