{"id":45712,"date":"2023-07-16T11:53:07","date_gmt":"2023-07-16T11:53:07","guid":{"rendered":"https:\/\/www.africa-press.net\/malawi\/all-news\/the-fastest-growing-economies-in-2023-malawi-misses-out"},"modified":"2023-07-16T12:06:19","modified_gmt":"2023-07-16T12:06:19","slug":"the-fastest-growing-economies-in-2023-malawi-misses-out","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/malawi\/all-news\/the-fastest-growing-economies-in-2023-malawi-misses-out","title":{"rendered":"The Fastest Growing Economies in 2023: Malawi misses out"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Malawi. <\/strong><\/span><b>Worldwide<\/b><\/p>\n<p>India is expected to emerge as the fastest-growing economy in 2023, surpassing China and the United States. The International Monetary Fund (IMF) recently revised India\u2019s growth rate for 2023 to 5.9%, up from the earlier estimate of 6.1%. The list of the fastest-growing economies in the world includes China, Indonesia, Nigeria, Saudi Arabia, Mexico, Australia, and the United States.<\/p>\n<p>The forecasts in the World Economic Outlook, published twice annually by the IMF staff, have generally been fairly accurate, within a percentage point of the actual outcomes. However, there is an exception during economic downturns, where accuracy tends to suffer in the two to three years leading up to and during such periods.<\/p>\n<p>As per the latest available data from the World Bank, the United States of America currently holds the position of the world\u2019s largest economy, with a GDP of over $23 trillion in 2021.<\/p>\n<p><b>Africa<\/b><\/p>\n<p>Africa\u2019s pre-COVID-19 top five performing economies are projected to grow by more than 5.5% on average in 2023-2024 and reclaim their positions among the world\u2019s 10 fastest-growing economies. These countries are Rwanda (7.9%), Co\u0302te d\u2019Ivoire (7.1%), Benin (6.4%), Ethiopia (6.0%), and Tanzania (5.6%).<\/p>\n<p>Meanwhile, projections indicate that Malawi\u2019s economy will continue to tumble as inflation peaks at an all-time high.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/malawi\">Malawi<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Malawi. Worldwide India is expected to emerge as the fastest-growing economy in 2023, surpassing China and the United States. The International Monetary Fund (IMF) recently revised India\u2019s growth rate for 2023 to 5.9%, up from the earlier estimate of 6.1%. The list of the fastest-growing economies in the world includes China, Indonesia, Nigeria, [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":45711,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[233,371,307,3133,1822,234,608,537],"class_list":["post-45712","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-malawi","tag-economy","tag-finance","tag-imf","tag-malawi","tag-us","tag-world-bank"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>The Fastest Growing Economies in 2023: Malawi misses out - Malawi<\/title>\n<meta name=\"description\" content=\"Worldwide India is expected to emerge as the fastest-growing economy in 2023, surpassing China and the United St ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/malawi\/all-news\/the-fastest-growing-economies-in-2023-malawi-misses-out\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Fastest Growing Economies in 2023: Malawi misses out\" \/>\n<meta property=\"og:description\" content=\"Worldwide India is expected to emerge as the fastest-growing economy in 2023, surpassing China and the United St ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/malawi\/all-news\/the-fastest-growing-economies-in-2023-malawi-misses-out\" \/>\n<meta property=\"og:site_name\" content=\"Malawi\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-16T11:53:07+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-16T12:06:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2023\/07\/sm_1689492901.957014.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/the-fastest-growing-economies-in-2023-malawi-misses-out#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/the-fastest-growing-economies-in-2023-malawi-misses-out\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"The Fastest Growing Economies in 2023: Malawi misses out\",\"datePublished\":\"2023-07-16T11:53:07+00:00\",\"dateModified\":\"2023-07-16T12:06:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/the-fastest-growing-economies-in-2023-malawi-misses-out\"},\"wordCount\":221,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/the-fastest-growing-economies-in-2023-malawi-misses-out#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2023\/07\/sm_1689492901.957014.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Malawi\",\"economy\",\"finance\",\"IMF\",\"Malawi\",\"us\",\"world bank\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/malawi\/all-news\/the-fastest-growing-economies-in-2023-malawi-misses-out#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/the-fastest-growing-economies-in-2023-malawi-misses-out\",\"url\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/the-fastest-growing-economies-in-2023-malawi-misses-out\",\"name\":\"The Fastest Growing Economies in 2023: Malawi misses out - 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