Over the last 24 years, the world economy has changed a lot. Some countries grew very fast, while others moved slowly. GDP growth shows how much a country’s economy has expanded over time.
Here is a simple look at G20 countries’ GDP growth from 2000 to 2024.
Top Growing Economies
1. China 🇨🇳 – 1432%
China leads the list by a huge margin. Rapid industrial growth, exports, and infrastructure investment helped China become the world’s second-largest economy.
2. Indonesia 🇮🇩 – 746%
Indonesia shows strong long-term growth due to population growth, natural resources, and steady economic reforms.
3. Russia 🇷🇺 – 737%
Russia benefited from energy exports, especially oil and gas, which boosted its economy over the years.
4. India 🇮🇳 – 735%
India’s growth comes from technology, services, manufacturing, and a young population. It remains one of the fastest-growing major economies.
5. Saudi Arabia 🇸🇦 – 553%
Oil revenues and economic diversification programs helped Saudi Arabia grow strongly.
Middle Growth Group
Countries like Türkiye, Australia, Brazil, South Korea, and Canada saw steady and stable growth. These economies expanded through trade, services, and industrial development.
Lower Growth but Stable Economies
The United States, Germany, France, the UK, and Italy show lower percentage growth. This does not mean they are weak — these countries were already large and developed in 2000, so growth appears smaller in percentage terms.
Important Note
🇯🇵 Japan is excluded because its GDP declined over this period, mainly due to long-term economic stagnation and an aging population.
Final Thoughts
GDP growth percentages tell a story of long-term progress, not short-term performance. Emerging economies usually grow faster, while developed economies focus more on stability.
Every country has a different economic journey — and growth is not just about numbers, but sustainability and future potential.
📊 What is your country’s ranking?
