5 Fastest Growing Economies in the World in 2023

3. Libya

GDP Growth Rate (2023): 12.50%

GDP Per Capita (2023): $5,870

Libya is the fastest growing economy in Africa with a projected growth rate of 12.50% in 2023. The country has a real GDP of $40.19 billion and a GDP per capita of $5,870. Libya is placed third among the fastest growing economies in the world in 2023.