Here’s our update of last November’s post of the world’s fastest and slowest growing economies ranked by 2013 GDP growth.  The growth estimates and nominal GDP data are from the April IMF World Economic Outlook database.

We still note, the law of small numbers in the growth economies.  Excluding China from the Top 40, for example,  the 39 fastest growing economies in 2013 have an average size of $78 billion.  This contrasts to the slowest growth economies with an average nominal GDP in dollar of $470.   Note Germany’s rank as the 23rd slowest growth economy.  Furthermore,  5 of top 11 slowest economies are eurozone countries.

Similar to stocks, growth is, generally, in the  “small cap” countries.

 

May2_FastGrowth

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May2_SlowGrowth
(click here if table is not observable)

Category: Economy

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2 Responses to “World’s Fastest & Slowest Growing Economies”

  1. constantnormal says:

    I interpret this as nothing more (or less) than the “hollowing out” of the capitalist labor pyramid, ultimately leading to its collapse, and by extension, the collapse of capitalism.

    Whether classical capitalism adapts to this (in ways I cannot imagine), or simply wallows in denial that anything is amiss until the roof falls in, or begins serious efforts to figure out new ways for capital to migrate throughout an economy is the question of our times.

    Economic inequality is (I believe) a symptom of this problem, not a cause. I’m confident that when the collapse occurs, it will not be pretty.

    May the Odds be Ever in your Favor

  2. MarcG says:

    It would be sweet to have these rankings weighed and totaled by population as well as GDP…