Specifically, in 2023, Ugnada is a country in Central Africa that is forecast to have the highest GDP growth in the world with a growth rate of about 25.2%. Ranked second after Ugnada is Libya with a GDP growth rate of about 17.9%.

Top 10 countries forecasted to have the fastest GDP growth in the world in 2023. Source: IMF.

According to the report, global economic growth will slow, from 3.4% in 2022 to 2.9% in 2023, before accelerating to 3.1% in 2024.

However, global economic growth in 2023 is still 0.2% higher than the forecast in the WEO publication published in October 2022. The growth was driven by an unexpected rebound in demand in the US and Europe, falling energy costs and the reopening of China’s economy after Beijing waived strict Covid-19 restrictions.

The IMF report also said that global inflation is expected to fall from 8.8% in 2022 to 6.6% in 2023 and 4.3% in 2024, but still higher than before the pandemic. Covid-19 (3.5%).

For some major economies in the world, in its GDP forecast for 2023, the IMF thinks that the GDP growth rate of the US is 1.4%, up from 1% forecast in October 2022. consumption and investment are stronger. The IMF has revised China’s growth outlook higher for 2023, to 5.2%, from the 4.4% forecast in October 2022.

The reopening of China will increase the pressure on commodity prices, but "on balance, I think we see China’s reopening as beneficial to the global economy" because of this. That helps to reduce the obstacles in production.

Britain is the only major economy the IMF forecasts will be in recession this year, with GDP shrinking 0.6 percent as households grapple with rising living costs, including energy costs. .

Besides, some Asian economies will have the fastest GDP growth in the world in 2023, led by Vietnam, Cambodia and India.

Among countries in Southeast Asia, only Cambodia and Vietnam are among the top 15 countries forecasted to have the fastest GDP growth in 2023 in the world.

Specifically, Vietnam and Cambodia have GDP growth of 6.2%, ranked 13 and 14 respectively in the world.

Considering the scale of Southeast Asia, Vietnam’s average GDP growth rate in 2022 is among the highest in Southeast Asia.

Forecast of GDP growth of countries in Southeast Asia in 2023. Source: IMF.

Specifically, the GDP growth rates of Vietnam and Cambodia are both 6.2%, ranking first and second respectively among countries in Southeast Asia. In third place in Southeast Asia is Indonesia, GDP growth is about 5%, ranked 38th in the world in 2023.

The Philippines has a similar growth rate to Indonesia, reaching about 5%, ranking 4th in Southeast Asia and 41st in the world in 2023. Malaysia has a growth rate of about 4.4%, ranking 5th in the East region. South Asia and 55th in the world in 2023.

East Timor has a growth rate of about 4.2%, ranking 6th in Southeast Asia and 59th in the world. Thailand has a growth rate of about 3.7%, ranking 7th in Southeast Asia and 74th in the world. Myanmar has a growth rate of about 3.3%, ranking 8th in Southeast Asia and 86th in the world.

Brunei has a growth rate of about 3.3%, ranking 9th in Southeast Asia and 88th in the world. Laos has a growth rate of about 3.1%, ranking 10th in Southeast Asia and 95th in the world. Finally, Singapore has a growth rate of about 2.3%, ranking 11th in Southeast Asia and 131st in the world.

Thereby, Vietnam is forecasted to have a GDP growth rate in 2023 ranked first in Southeast Asia and 13th in the world.