According to the survey conducted by the International Monetary Fund, a good economic forecast is approaching for 185 countries. However, there are 20 potential countries that will have a progressive economic status, due to their highest projected growth rate (CAGR) today that will last in 2017.
"But what surprise me is that, none of this are Western Hemisphere", but rather all of those comes from African and Asian countries.
Surprisingly, Rwanda place as the first, with an estimated GDP CAGR of +8.23% for this year that would last up until 2017. Almost 90% of the working force here engages in agricultural farming.
The Gambia placed second according to International Monetary Fund, with an estimated GDP CAGR of +8.35 for this year, up until 2017.
Another unexpected country that is expected to have a dramatic progress in the economy is Cambodia, with GDP CAGR of +8.46 percent for this year up to 2017.
Côte d'Ivoire is another unexpected country that will have a fast economy starting this year, up to 2017. The said country has a GDP CAGR of +8.63% this year up to 2017.
On the fifth is Ghana, which previously have a GDP of +8.18 percent, with +7.83% for this year. This country engages in oil and mineral industry such as gold. They also produce cocoa products for export.
Turkmenistan is also expected to have a booming economy this year, having an estimated GDP of +7.97% last year, and +7.69% GDP this year. Its GDP for this year up to 2017 will range up to +9.18%. Turkmenistan is an agricultural country that exports products such as rice and other wooden crops.
And last on the list is Laos. Almost 75% of the population engage in agricultural farm, which increases their GDP CAGR to + 9.19%.
