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01 / 05
Africa Will Have Some of 2025’s Fastest-Growing Economies

The Economist | Economic Growth

Africa Will Have Some of 2025’s Fastest-Growing Economies

“In 2025, the IMF says, nine of the world’s 20 fastest-growing economies will be in Africa. Most of these are non-resource-intensive states. Rwanda, Ethiopia, Ivory Coast and Tanzania, for example, are projected to grow by at least 6%. For all the faults of their politicians, it probably helps that, in the absence of a golden (or oily) goose, they have had to learn to find other sources of growth.

This is good news for sub-Saharan Africa. The region faces profound challenges: tight budgets caused by low growth and high debts mean there is little room to invest in the future. Financing for schools, infrastructure and adapting to climate change is hard to raise at home or internationally. A lack of formal jobs for the millions of people entering the labour market every year worries policymakers. Many observers are sceptical that the region can ever catch up with the rest of the world. So if some African states can close the gap they can be exemplars.

The bad news is that the economies of these outliers are not big enough to power the continent, at least not yet. South Africa, Nigeria and Angola alone make up almost 40% of sub-Saharan Africa’s gdp. It is time that these giants got their act together—and started to learn from their nimbler peers.”

From The Economist.

Euronews | Economic Growth

Uzbekistan GDP per Capita Reached €3,220 in 2025

“Uzbekistan’s gross domestic product (GDP) exceeded €133bn in 2025, placing the country among the world’s 60 largest economies, according to estimates from the International Monetary Fund, cited by President Shavkat Mirziyoyev in his year-end address. Nine years ago, Uzbekistan’s economy was valued at around €56bn, showing steady expansion over the past decade.

Economic growth has been accompanied by higher household incomes. According to President, GDP per capita reached €3,220 in 2025, compared with €1,750 in 2017.

President Mirziyoyev said that in 2025, about five million people gained a stable income, while at the same time, 1.5 million people moved above the poverty line.

Rising incomes have increased consumer spending. Five years ago, residents purchased around 210,000 apartments and 600,000 cars per year. In 2025, these figures rose to 270,000 homes and one million vehicles, reflecting stronger demand in the housing and automotive markets.”

From Euronews.

Associated Press | Economic Growth

How Poland Became One of the World’s Largest Economies

“A generation ago, Poland rationed sugar and flour while its citizens were paid one-tenth what West Germans earned. Today, the economy of the country has edged past Switzerland to become the world’s 20th largest with more than $1 trillion in annual output.

It’s a historic leap from the post-Communist ruins of 1989-90 to European growth champion, which economists say has lessons on how to bring prosperity to ordinary people.”

From Associated Press.

China Daily | Economic Growth

China Improves Both Economic Growth and Air Quality

“China has achieved both economic growth and improved air quality during the 14th Five-Year Plan period (2021-25), according to the Ministry of Ecology and Environment.

With GDP expanding by 30 percent, China saw its national average density of PM2.5 particulate matter fall by 20 percent over the past five years, said Li Tianwei, head of the ministry’s department of atmospheric environment, at a news conference on Friday.

During this period, the number of cities meeting national air quality standards increased from 206 to 246, a 20 percent rise, he revealed.”

From China Daily.

The Economist | Economic Growth

India’s Economy Is Growing Faster than Previously Believed

“Indian officials have been in a boastful mood lately. A government report in December argued that judging by real-time economic indicators, India had overtaken Japan as the world’s fourth-biggest economy. This was to become economic fact once the Ministry of Statistics and Programme Implementation updated how it calculates GDP. So in one sense, the new numbers released on February 27th are a disappointment: GDP was 3.3% smaller than previously thought. In other ways, though, they are a cause for celebration.

The methodological update, the first since 2015, reset the ‘base year’—which sets the weights for different parts of the economy—to 2022. It also added new data sources that capture a clearer picture of the Indian economy. The country looks more rural than before. Agriculture, responsible for 18% of GDP, appears bigger, largely thanks to more detail on fisheries and dairy. Finance and business services also produced a bit more output, while commerce, hotels and transport generated 26% less. The net effect is a service sector that looks 8% smaller than it did using the previous methodology, and makes up 41% of the economy. Manufacturing, which accounts for 15%, has also shrunk slightly.

On the bright side, India is growing even faster than previously believed. GDP expanded by 7.1% in the fiscal year 2024-25, up from an earlier figure of 6.5%. Other numbers show it has grown quickly since, despite facing high duties on exports to America.”

From The Economist.