Slowest Growing and Shrinking Economies (2024)

Source: IMF World Economic Outlook·25 countries·Updated 2024

Not every economy is growing. These 25 countries face the weakest or most negative GDP growth rates in 2024 — many in outright contraction.

Lebanon leads with real gdp growth (%) of -7.5%.

Venezuela, RB ranks #2 at -3.0%.

Haiti ranks #3 at -1.2%.

Puerto Rico (US) ranks #4 at -0.1%.

Yemen, Rep. ranks #5 at 0.0%.

Bottom 25 Countries by Real GDP Growth (%)

#CountryReal GDP Growth (%)Year
1Lebanon-7.5%2024
2Venezuela, RB-3.0%2026
3Haiti-1.2%2026
4Puerto Rico (US)-0.1%2026
5Yemen, Rep.0.0%2026
6Equatorial Guinea0.5%2026
7Japan0.6%2026
8Bolivia0.6%2025
9Italy0.8%2026
10Austria0.8%2026
11France0.9%2026
12Germany0.9%2026
13Belgium1.0%2026
14Russian Federation1.0%2026
15Iran, Islamic Rep.1.1%2026
16Lesotho1.1%2026
17Netherlands1.2%2026
18Trinidad and Tobago1.2%2026
19South Africa1.2%2026
20United Kingdom1.3%2026
21San Marino1.3%2026
22Ireland1.3%2026
23Finland1.3%2026
24Switzerland1.3%2026
25Romania1.4%2026

Data from 192 countries is available. View full rankings →

FAQ

What is the lowest real gdp growth (%) in 2024?

Lebanon has the lowest real gdp growth (%) at -7.5% in 2024.

How many countries are included in this ranking?

This article features the bottom 25 countries out of 192 with available data. Full rankings available on the indicator page.

Where does this data come from?

Data is sourced from the IMF World Economic Outlook. It is updated regularly as new releases become available.