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The Top Fastest Things Around The World(2015). / 8 Out Of Ten World Fastest Growing Economies Are From Africa!! / Ghana - The World's Fastest Growing Economy (2) (3) (4)

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Ghana - The world's fastest growing economy by 3609ja: 11:03pm On Aug 24, 2010
If you think that China is the world's fastest growing economy, think again.

However, among the major (or large) economies, China does remain the fastest growing economy. But if you take smaller nations too in the list, China slips down the list.


1. Ghana: 20.146%


Many economists believe that Africa is the next boomtown. Several African nations are now growing at a rapid pace, trying to make lives better for their people. None more so than Ghana.

For quite a long time, Ghana received many an unflattering adjectives to describe its economy: 'worst managed', 'disastrous', etc. However, the small African nation has since then come a long way and is the world's fastest growing economy today.

Ghana's economy is growing at a blistering 20.15 per cent, says Economy Watch. It's a $23.4-billion economy.

Blessed with rich reserves of natural resources, Ghana has suddenly turned around and is now speeding along the growth path.

Ghana suffered the most due to the ineffective economic policies of past military governments, says Wikipedia, but the new government has managed to bring the country out of economic doldrums.

Economic reforms, political stability, low crime rate, and an overhaul of earlier policies have made the nation very attractive to foreign investors.

Ghana is oil-rich, has large gold and diamond deposits, and has a booming tourism industry.

Others are:

2. Qatar: 14.337%
3. Turkmenistan: 12.178%
4. China: 9.908%
5. Liberia: 9.003%
6. India: 8.43%
7. Angola: 8.251%
8. Iraq: 7.873%
9. Ethiopia: 7.663%
10. Mozambique: 7.548%
Re: Ghana - The world's fastest growing economy by Dolemite(f): 2:50am On Aug 25, 2010
Wow, Nigeria at 99. grin
Re: Ghana - The world's fastest growing economy by Vindy: 6:43pm On Aug 25, 2010
I'm checkn out.
Re: Ghana - The world's fastest growing economy by Adonike(m): 12:19am On Aug 26, 2010
Nigeria is the 2nd Highest with 99%! Thank God, we are far better than 88 of them. Up Nigeria!
Re: Ghana - The world's fastest growing economy by ebeledi(m): 12:59am On Aug 29, 2010
how is south africa one of the best when it has the highest aids rate, murder rates, and sexual assault cases?
they must be lookin only at infrastructure

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