GDP Growth Rate by Country
Quarter-on-quarter change in real (inflation-adjusted) GDP, seasonally adjusted. Latest values for 48 economies.
Among 46 countries, Ireland has the highest gdp growth rate at 10.18% and Saudi Arabia the lowest at -4.81% (latest available readings).
GDP Growth Rate by Region
Latest available reading (periods may differ by country). Choose a region or “All countries”.
GDP Growth Rate — All Countries
Sorted by latest value. Click headers to re-sort.
| # | Country | Last | Previous | Period |
|---|---|---|---|---|
| 1 |  Ireland | 10.18% | -7.81% | Q2 2026 |
| 2 | Israel | 3.53% | -0.43% | Q2 2026 |
| 3 | Slovenia | 1.90% | 0.87% | Q2 2026 |
| 4 | Switzerland | 1.88% | 0.63% | Q2 2026 |
| 5 | India | 1.79% | 2.12% | Q2 2026 |
| 6 | Lithuania | 1.68% | -0.09% | Q2 2026 |
| 7 | Sweden | 1.56% | -0.08% | Q2 2026 |
| 8 | Mexico | 1.42% | -0.34% | Q2 2026 |
| 9 | Colombia | 1.29% | 0.64% | Q2 2026 |
| 10 | Indonesia | 1.28% | 1.33% | Q2 2026 |
| 11 | Turkey | 1.12% | 0.31% | Q2 2026 |
| 12 | Poland | 0.96% | 0.61% | Q2 2026 |
| 13 | Costa Rica | 0.95% | 0.42% | Q2 2026 |
| 14 | Portugal | 0.94% | 0.25% | Q2 2026 |
| 15 | China | 0.90% | 1.30% | Q2 2026 |
| 16 | Denmark | 0.89% | 1.75% | Q2 2026 |
| 17 | Latvia | 0.86% | 0.70% | Q2 2026 |
| 18 | Canada | 0.82% | 0.08% | Q2 2026 |
| 19 | Spain | 0.68% | 0.63% | Q2 2026 |
| 20 | Norway | 0.67% | 0.35% | Q2 2026 |
| 21 | European Union | 0.65% | 0.07% | Q2 2026 |
| 22 | South Korea | 0.63% | 1.83% | Q2 2026 |
| 23 | Netherlands | 0.63% | 0.27% | Q2 2026 |
| 24 | Euro Area | 0.63% | -0.01% | Q2 2026 |
| 25 | Hungary | 0.60% | 0.65% | Q2 2026 |
| 26 | United States | 0.55% | 0.62% | Q2 2026 |
| 27 | United Kingdom | 0.53% | 0.64% | Q2 2026 |
| 28 | Brazil | 0.48% | 1.07% | Q2 2026 |
| 29 | Australia | 0.42% | 0.29% | Q2 2026 |
| 30 | Japan | 0.36% | 0.48% | Q2 2026 |
| 31 | Estonia | 0.35% | 0.98% | Q2 2026 |
| 32 | Greece | 0.34% | 0.22% | Q2 2026 |
| 33 | Germany | 0.33% | 0.45% | Q2 2026 |
| 34 | Finland | 0.31% | 0.72% | Q2 2026 |
| 35 | Czech Republic | 0.28% | 0.10% | Q2 2026 |
| 36 | New Zealand | 0.25% | 0.92% | Q2 2026 |
| 37 | Slovakia | 0.21% | 0.19% | Q2 2026 |
| 38 | Italy | 0.16% | 0.32% | Q2 2026 |
| 39 | France | 0.04% | -0.18% | Q2 2026 |
| 40 | Belgium | 0.03% | 0.22% | Q2 2026 |
| 41 | Chile | -0.02% | -0.25% | Q2 2026 |
| 42 | Austria | -0.13% | 0.28% | Q2 2026 |
| 43 | South Africa | -0.24% | 0.42% | Q2 2026 |
| 44 | Argentina | -0.59% | 0.67% | Q2 2026 |
| 45 | Russia | -0.79% | 3.19% | Q3 2021 |
| 46 | Luxembourg | -0.85% | 0.29% | Q2 2026 |
| 47 | Iceland | -2.98% | 3.66% | Q2 2026 |
| 48 | Saudi Arabia | -4.81% | -1.38% | Q2 2026 |
GDP Growth Rate around the world — in simple words
Overview
GDP Growth Rate is available for 45 economies with recent data. The median value is 0.60% and the simple average is 0.71%.
Highest: Ireland (10.18%), Israel (3.53%), Slovenia (1.90%), Switzerland (1.88%), India (1.79%).
Lowest: Saudi Arabia (-4.81%), Iceland (-2.98%), Luxembourg (-0.85%), Argentina (-0.59%), South Africa (-0.24%).
Major economies
Among the 18 major economies tracked here, Switzerland (1.88%) has the highest reading and Saudi Arabia (-4.81%) the lowest. Their median is 0.54%.
GDP Growth Rate — Regional Medians
Median of the latest readings of countries in each World Bank region. The median is the middle value — half the countries are above it and half below.
| Region | Countries | Median |
|---|---|---|
| East Asia & Pacific | 6 | 0.53% |
| Europe & Central Asia | 27 | 0.60% |
| Latin America & Caribbean | 6 | 0.71% |
| Middle East, North Africa, Afghanistan & Pakistan | 2 | -0.64% |
| North America | 2 | 0.69% |
| South Asia | 1 | 1.79% |
| Sub-Saharan Africa | 1 | -0.24% |
Understanding GDP Growth Rate — a simple guide
What it measures
The percentage change in real (inflation-adjusted) GDP compared with the previous quarter, after removing normal seasonal patterns.
How it is calculated
(Real GDP this quarter ÷ real GDP last quarter − 1) × 100, using seasonally adjusted data.
If seasonally adjusted real GDP was 100 last quarter and 101.5 this quarter, quarterly growth is 1.5%.
Strong quarterly growth means the economy is expanding quickly right now.
Negative growth means output fell from the previous quarter; two such quarters in a row are often called a recession.
Why it matters for the economy and markets
Quarterly growth is the earliest official reading of how fast an economy is expanding or shrinking. Markets react strongly when it differs from expectations, because it changes the outlook for company profits, jobs and interest rates.
How to read it
Quarterly rates are small numbers — 0.5% in one quarter is roughly 2% a year. Two quarters of negative growth in a row is a common (informal) definition of a recession. First estimates are often revised.
What to look at alongside it
Annual GDP growth, industrial production, retail sales and the leading indicator.
Key terms
- QoQ
- Quarter-on-quarter: compared with the previous quarter.
- Seasonally adjusted
- Data corrected for regular seasonal patterns so quarters can be compared.
How to use the chart
Use the 5Y / 10Y / 25Y / Max buttons to change the time range, or drag the slider under the chart. Hover (or tap) on the line to see the exact value for any period. Dashed lines and hatched bars are IMF projections, not actual data. The “Download CSV” button gives you the full data series.
Frequently asked questions
What does gdp growth rate measure?
Which country has the highest gdp growth rate?
Data are sourced from official international organisations (IMF, World Bank, BIS) and national authorities, and are shown for educational and informational purposes only. They are not investment advice and no recommendation is made. Figures may be revised by the source; IMF figures for the current and future years are projections. This page was last updated on Saturday, October 17, 2026.