Hottest Growing Economies in the World


#18: Cambodia

Total Est. Growth: 13.5 percent

Est. 2012 GDP: +6.5 percent 

Est. 2013 GDP: +6.8 percent

Est. 2014 GDP: +6.3 percent

 

Economic Status: Cambodia makes 30 percent of GDP from its agricultural sector, while the garment manufacture and tourism industries also major contribute to the country’s economy. The next to concentrate is metals mining which could become a contributor to growth in the future as opportunities in that area are yet to be explored.


#17: Uzbekistan

Total Est. Growth: 13.6 percent

Est. 2012 GDP: +8.0 percent 

Est. 2013 GDP: +6.5 percent

Est. 2014 GDP: +6.7 percent

 

Economic Status: Uzbekistan depends on commodity prices as it derives much of its economic development from high prices for its exports of gold, cotton, and natural gas. It is important to note that the country was one among those who suffered relatively little from the financial crisis and subsequent slowdown in global growth. It is believed to be due to the country’s isolation and lack of connectivity with world financial markets.