10 countries with the fastest growing economies

South Sudan, Libya, and Guyana are among countries projected to top the list of the world’s fastest-growing economies in 2025, according to the IMF’s October 2025 World Economic Outlook.

South Sudan is expected to record the world’s fastest real GDP growth at 24.3%, driven largely by improved oil output and easing political instability. Libya follows with 15.6%, reflecting sustained recovery in oil production and reconstruction efforts.

Guyana — continuing its oil-fuelled boom — is forecast to grow by 10.3%, maintaining its status as one of the world’s most dynamic economies.

Ireland ranks fourth with 9.1%, supported by strong investment and the performance of multinational firms operating in the country. The Kyrgyz Republic is next at 8.0%, ahead of Tajikistan at 7.5%.

Several African countries also feature among the fastest-growing economies. Guinea (7.2%), Ethiopia (7.2%), and Rwanda (7.1%) are expected to post strong expansions driven by infrastructure investment, agriculture, and post-pandemic reforms. Georgia also shares a 7.2% projection.

The IMF outlook highlights a continued shift in global growth momentum toward resource-rich and reform-oriented frontier markets.

10 countries with the fastest growing economies

1. South Sudan – 24.3%
2. Libya – 15.6%
3. Guyana – 10.3%
4. Ireland – 9.1%
5. Kyrgyz Republic – 8.0%
6. Tajikistan – 7.5%
7. Guinea – 7.2%
8. Georgia – 7.2%
9. Ethiopia – 7.2%
10. Rwanda – 7.1%

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