Skyscraper City Forum banner
1 - 20 of 33 Posts

·
Registered
Joined
·
15 Posts
Discussion Starter · #1 · (Edited)
Rank Country Growth(%)
001 Qatar 18.8
002 Mongolia 17.3
003 Turkmenistan 14.7
004 Ghana 13.6
005 East Timor 10.6
006 Panama 10.6
007 IRAQ 9.9
008 Zimbabwe 9.3
009 Solomon Islands 9.3
010 China 9.2
011 Papua New Guinea 8.9
012 Argentina 8.9
013 Rwanda 8.8
014 Eritrea 8.7
015 Turkey 8.5
016 Uzbekistan 8.3
017 Laos 8.3
018 Sri Lanka 8.2
019 Kuwait 8.2
020 Ecuador 7.8
021 Estonia 7.6
022 Ethiopia 7.5
023 Kazakhstan 7.5
024 Maldives 7.4
025 Tajikistan 7.4
026 Nigeria 7.2
027 Mozambique 7.1
027 Equatorial Guinea 7.1
029 Georgia 7.0
030 Congo 6.9
031 Peru 6.9
032 Saudi Arabia 6.8
033 Uganda 6.7
034 Tanzania 6.7
035 Zambia 6.6
036 Indonesia 6.5
037 India 6.5
038 Moldova 6.4
040 Cambodia 6.1
041 Bangladesh 6.1
042 Chile 6
043 Colombia 5.9
044 Bhutan 5.9
045 Lithuania 5.9
046 Vietnam 5.9
047 Gabonaise 5.8
049 Uruguay 5.7
050 Kyrgyzstan 5.7


All from newest data announced by government.
If someone find anything wrong please point out, thanks.
 

·
Oh Gloria Inaccesible
Joined
·
9,228 Posts
#43 :banana:

But only 7 countries that are equally, or more developed grew more.. :colgate:
 

·
Mosher "K"
Joined
·
1,310 Posts
Nice to see Iraq grew by 9.9%, after such long miserable time.
 

·
CANNED
Joined
·
2,335 Posts
So we have a lot of countries benefitting from mineral resources and oil wealth in the top flier.

1 - Qatar - natural gas revenues redirected into services and infrastructure
2 - Mongolia - mineral wealth, expanding services and agriculture
3 - Turkmenistan - oil and nothing else
4 - Ghana - oil and agriculture
5 - East Timor - oil (and recovery)
6 - Panama - services, finance?
7 - Iraq - recovery from conflicts. Used to be quite well developed until the 1970s
8 - Zimbabwe - recovery from lowest level. Used to be quite well developed until the 1990s
9 - Solomon Islands - 2 tourists more in 2011?
10 - China - finally a nation with organic and sustainable growth. Diverse manufacturing, still rather labour intensive though

Where is DR Congo? They should have posted a high growth rate as well.
 

·
Moderator
Joined
·
39,226 Posts
They'll need many years of growth like that to claw back some of what's been lost. Some things like artifacts unfortunately were destroyed and can never be replaced.
 

·
Registered
Joined
·
15 Posts
Discussion Starter · #9 ·
So we have a lot of countries benefitting from mineral resources and oil wealth in the top flier.

1 - Qatar - natural gas revenues redirected into services and infrastructure
2 - Mongolia - mineral wealth, expanding services and agriculture
3 - Turkmenistan - oil and nothing else
4 - Ghana - oil and agriculture
5 - East Timor - oil (and recovery)
6 - Panama - services, finance?
7 - Iraq - recovery from conflicts. Used to be quite well developed until the 1970s
8 - Zimbabwe - recovery from lowest level. Used to be quite well developed until the 1990s
9 - Solomon Islands - 2 tourists more in 2011?
10 - China - finally a nation with organic and sustainable growth. Diverse manufacturing, still rather labour intensive though

Where is DR Congo? They should have posted a high growth rate as well.
Congo rank 30th.
 

·
Registered
Joined
·
932 Posts
DR Congo's still in the midst of multiple civil wars. 5.4 million have died- not from the fighting, but the complete collapse of resources, aid and infrastructure, having starved to death or died from disease. It won't be growing much until the fighting stops.
Completely agree, spliff fairy, as these are the harsh facts of Congo now.
It's unbelievable that Congo has been pegged at a higher growth rate than high-growth countries like Chile, India, Lithuania and Vietnam.
That list in the OP is undoubtedly incorrect.
 

·
Registered
Joined
·
15 Posts
Discussion Starter · #12 ·
Completely agree, spliff fairy, as these are the harsh facts of Congo now.
It's unbelievable that Congo has been pegged at a higher growth rate than high-growth countries like Chile, India, Lithuania and Vietnam.
That list in the OP is undoubtedly incorrect.
Congo GDP growth from 1980

1980 2.405
1981 0.945
1982 -0.454
1983 1.41
1984 4.844
1985 0.464
1986 4.72
1987 2.671
1988 0.465
1989 -1.26
1990 -6.568
1991 -8.445
1992 -10.462
1993 -13.468
1994 -3.867
1995 0.661
1996 -1.114
1997 -5.409
1998 -1.737
1999 -4.27
2000 -6.9
2001 -2.1
2002 3.468
2003 5.791
2004 6.64
2005 7.801
2006 5.581
2007 6.258
2008 6.155
2009 2.834
2010 7.245
2011 6.9

Low economic base, rich in oil\gas\resource, and just return their 1980s level.
As I have said what I post is from the newest data each released by their government , not someone estimate.
Maybe the data has a littlt differences from world bank or the IMF, but only a littlt.

http://www.indexmundi.com/democratic_republic_of_the_congo/gdp_real_growth_rate.html

http://www.congoplanet.com/news/196...ch-an-unprecedented-seven-percent-in-2013.jsp

http://www.tradingeconomics.com/republic-of-the-congo/gdp-growth-annual-percent-wb-data.html

http://af.reuters.com/article/investingNews/idAFJOE71308N20110204
 

·
CANNED
Joined
·
2,335 Posts
is it the DR Congo we are takling about?
Might also be Congo Brazzaville which also had a high growth rate in 2011.

The situation in the East of Congo is unbelievably dire, something beyond our imagination where whole regions with their population and culture got erased.
Two thirds of the country however have been stailized and their are some mining and infrastructure projects (Chinese investment) under way. That alone is enough to result into a high growth rate, albeit starting from lowest level. I remember it being double digit growth in 2011, ranking just behind Mongolia and Ghana
 

·
CANNED
Joined
·
2,335 Posts
Iraq used to be the richest country in the region until the wars and sanctions (has the worlds largest proven oil reserves according to new data). The high rate of growth is recovery for a shattered country, not necessarily new growth.
It even was the worlds richest country, some 5000 years ago. ;)

right, the growth is just recovery from lowest level, unfortunately nothing organic and sustainable. Thats what I wanted to say yesterday...
 

·
Kim Domingo
Joined
·
1,468 Posts
GDP Growth in Q1 2012 (in blue)


^^ those who expanded 5% or more in the first quarter of this year.

can't find the data for Iraq

here's the link
 

·
Registered
Joined
·
5,205 Posts
right, the growth is just recovery from lowest level, unfortunately nothing organic and sustainable. Thats what I wanted to say yesterday...
Not sustainable in what sense?

It does not have to crash again unless new wars break out... but it is recovery to a low level, so no reason not to stabilize at a still low level. Same applies to Congo.
 
1 - 20 of 33 Posts
Top