This list will tell you about the top 10 countries which have highest growing economy rate according to 2011, You will see most under development countries in this list and will wonder how come their economy is growing rapidly, Let’s have a look at top 10 countries with fastest growing economies.
Iraq(No:1)'s economy is dominated by the petroleum sector, which has traditionally provided about 95% of foreign exchange earnings. In the 1980s, financial problems caused by massive expenditures in the eight-year war with Iran and damage to oil export facilities by Iran led the government to implement austerity measures, borrow heavily, and later reschedule foreign debt payments; Iraq suffered economic losses of at least $80 billion from the war.
Chad's(No:2) economy is still heavily dependent on oil, which was 65.4% of government revenue in 2010 and 90% of export earnings.
Large gold deposit found in Inner Mongolia(Become No:10):Large gold deposit found in Inner Mongolia
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Iraq(No:1)'s economy is dominated by the petroleum sector, which has traditionally provided about 95% of foreign exchange earnings. In the 1980s, financial problems caused by massive expenditures in the eight-year war with Iran and damage to oil export facilities by Iran led the government to implement austerity measures, borrow heavily, and later reschedule foreign debt payments; Iraq suffered economic losses of at least $80 billion from the war.
Chad's(No:2) economy is still heavily dependent on oil, which was 65.4% of government revenue in 2010 and 90% of export earnings.
Large gold deposit found in Inner Mongolia(Become No:10):Large gold deposit found in Inner Mongolia
More
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