5 Fastest Growing Regions in the World

2. South Asia 

Annual Real GDP Growth: 5.4%

South Asia ranks as one of the 10 fastest growing regions globally. As of 2023, the real GDP growth rate in the region is 5.4%. India accounts for a major portion of the South Asian economy since it has been rapidly growing as a result of rising urbanization and a booming tech sector. Countries such as Maldives and Nepal are also expected to grow.