Top 10 Fastest Growing Economies in the World (2025 Update)

The global economy is constantly evolving, with several nations showing impressive progress driven by innovation, infrastructure, and strong governance. As of 2025, these are the Top 10 fastest-growing economies in the world, based on GDP growth, foreign investment, and industrial performance.

1. India 🇮🇳

India continues to dominate as one of the world’s fastest-growing economies, with strong growth in IT, manufacturing, and services. Its digital revolution, booming startups, and infrastructure projects keep driving economic momentum.
GDP Growth (2025 est.): 6.8%

2. Bangladesh 🇧🇩

Bangladesh’s textile and manufacturing industries are fueling rapid growth. With a young workforce and expanding exports, it’s emerging as a South Asian economic powerhouse.
GDP Growth (2025 est.): 6.2%

3. Rwanda 🇷🇼

Often referred to as “the Singapore of Africa,” Rwanda is seeing fast growth through tourism, technology, and agriculture modernization.
GDP Growth (2025 est.): 6.0%

4. 

Vietnam 🇻🇳

Vietnam remains a top performer in Asia, with major global tech and manufacturing companies investing heavily. Its stable governance and trade diversification fuel continuous progress.
GDP Growth (2025 est.): 5.9%

5. Philippines 🇵🇭

The Philippines benefits from a strong service sector, remittances, and rapid digital transformation. Infrastructure projects under the “Build Better More” program are also boosting development.
GDP Growth (2025 est.): 5.8%

6. Ethiopia 🇪🇹

Ethiopia continues to focus on industrial parks, agriculture, and renewable energy. Despite challenges, it remains one of Africa’s fastest-expanding economies.
GDP Growth (2025 est.): 5.6%

7. Indonesia 🇮🇩

Southeast Asia’s largest economy, Indonesia, is thriving due to industrial diversification, digitalization, and infrastructure development.
GDP Growth (2025 est.): 5.5%

8. Kenya 🇰🇪

Kenya’s tech-driven economy—especially its mobile banking and fintech sectors—is transforming East Africa.
GDP Growth (2025 est.): 5.3%

9. Uzbekistan 🇺🇿

With ongoing economic reforms, improved trade ties, and foreign investments, Uzbekistan is quickly becoming Central Asia’s rising star.
GDP Growth (2025 est.): 5.1%

10. Ivory Coast 🇨🇮

Ivory Coast remains one of West Africa’s most stable and business-friendly economies, led by cocoa production, infrastructure, and energy investment.
GDP Growth (2025 est.): 5.0%