5 Fastest Growing Developing Countries in 2020

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In this article we are going to list the 5 fastest growing developing countries in 2020. For a detailed coverage of this topic and a more comprehensive list please take a look at the 15 fastest growing developing countries in 2020.

5. Mongolia

Average real growth rate of the country over the past decade (2011 – 2020): 6.83%

Mongolia makes our list of the fastest growing developing countries in 2020, with the country’s economy mostly based on livestock and agriculture rather than industrialization like most other countries in our list. It also has extensive deposits of various minerals including tin, gold, tungsten, copper and coal which form the bases of its industrial impact.

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