5 Fastest Growing Developing Countries in 2020

3. Turkmenistan

Average real growth rate of the country over the past decade (2011 – 2020): 7.98%

Turkmenistan is the fastest growing developing country in Asia, with an average growth rate of nearly 8% across the past decade. The country’s economy is significantly dependent on its vast oil and gas resources, and is said to have the sixth largest gas reserves in the world. The country is also home to significant agricultural activities, and is among the biggest producers of cotton as well.