By Anamati Inyang | November 7; 2025
The International Monetary Fund (IMF) has projected that South Sudan; Libya; and Guyana will lead the world’s fastest-growing economies in 2025, according to its October 2025 World Economic Outlook.
The report shows that South Sudan is expected to post an impressive 24.3% real GDP growth, making it the fastest-growing economy globally. The surge is attributed to improved oil production and gradual political stability following years of conflict and disruption.
Libya ranks second with a projected growth rate of 15.6%, driven by recovery in oil output, reconstruction efforts, and relative political calm that continues to support economic revival.
Guyana, one of the world’s emerging oil powerhouses, is forecast to grow by 10.3%, maintaining its streak as a top performer on the global growth chart. The South American country has continued to benefit from strong investments in offshore oil and gas projects.
In Europe, Ireland ranks fourth with 9.1%, sustained by foreign direct investment, robust exports, and the strong performance of multinational technology and pharmaceutical firms operating within the country.
The Kyrgyz Republic follows with 8.0%, reflecting improved trade and remittances, while Tajikistan is expected to expand by 7.5%, supported by energy exports and infrastructural development.
Several African economies also make the list, highlighting the continent’s resilience and potential for sustained growth. Guinea (7.2%), Ethiopia (7.2%), and Rwanda (7.1%) are all projected to experience strong economic expansion fueled by investments in infrastructure, agriculture, and industrial reforms. Georgia also joins the list with a 7.2% growth forecast.
Top 10 Fastest-Growing Economies in 2025 (IMF Projection)
- South Sudan – 24.3%
- Libya – 15.6%
- Guyana – 10.3%
- Ireland – 9.1%
- Kyrgyz Republic – 8.0%
- Tajikistan – 7.5%
- Guinea – 7.2%
- Georgia – 7.2%
- Ethiopia – 7.2%
- Rwanda – 7.1%
The IMF said the data underscores a continued shift in global growth momentum toward resource-rich and reform-driven frontier markets, particularly in Africa and emerging Asia, as nations leverage new investments and structural reforms to strengthen their economic resilience.
