India is projected to be the fastest-growing major economy in the world in 2024, with a GDP growth rate of 7% according to the IMF's World Economic Outlook Update - July 2024, and a projected growth of 6.5% in 2025.
Other fast growth countries
Following India, the next fastest-growing nations based on real GDP growth rates for 2025 are primarily from Africa and Southeast Asia.
South Sudan: Projected to have the highest real GDP growth rate in 2025 at 27.2%, according to the List of countries by real GDP growth rate.
Guyana: Projected to grow at 14.4% in 2025, making it the second-fastest-growing economy globally.
Libya: Projected to grow at 13.7% in 2025, based on data from a ranking of the world's fastest-growing economies.
Senegal: Projected to grow at 9.3% in 2025, one of the highest rates in Africa.
Palau: Projected to grow at 8.5% in 2025, a significant rate for a small island nation.
Sudan: Projected to grow at 8.3% in 2025, reflecting strong economic expansion.
Uganda: Projected to grow at 7.5% in 2025, driven by continued economic development.
Niger: Projected to grow at 7.3% in 2025, a high rate for a developing nation.
Macao SAR: Projected to grow at 7.3% in 2025, benefiting from its unique economic status.
Mongolia: Projected to grow at 7.0% in 2025, supported by its resource-rich economy.
Usa external debt
US has the largest external debt in the world. The total amount of U.S. Treasury securities held by foreign entities in December 2021 was $7.7 trillion, up from $7.1 trillion in December 2020.
Total US federal government debt breached the $30 trillion mark for the first time in history in February 2022.
In December 2023, total federal debt was $33.1 trillion; $26.5 trillion held by the public and $12.1 trillion in intragovernmental debt
The annualized cost of servicing this debt was $726 billion in July 2023, which accounted for 14% of the total federal spending.
Additionally, in recent decades, aging demographics and rising healthcare costs have led to concern about the long-term sustainability of the federal government's fiscal policies.
In February 2024, the total federal government debt rose to $34.4 trillion, after increasing by approximately $1 trillion during each of two separate 100-day periods since the previous June.
In 2024, federal interest payments on the national debt surpassed spending on both Medicare and national defense.
As of August 13, 2025, the federal government debt is $37.00 trillion
Venezeula NOVEL PRIZE
Announcement, Nobel Peace Prize 2025
10 October 2025
The Nobel Peace Prize for 2025 goes to a brave and committed champion of peace – to a woman who keeps the flame of democracy burning amid a growing darkness.
The Norwegian Nobel Committee has decided to award the Nobel Peace Prize for 2025 to Maria Corina Machado.
She is receiving the Nobel Peace Prize for her tireless work promoting democratic rights for the people of Venezuela and for her struggle to achieve a just and peaceful transition from dictatorship to democracy.
As the leader of the democracy movement in Venezuela, Maria Corina Machado is one of the most extraordinary examples of civilian courage in Latin America in recent times
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