Economic growth is defined as an increase in the amount of goods and services produced per head of the population over a period of time, most of the time this period of time is either a year or a quarter. Nowadays, there is great diversity of economic growth in the world. Different countries have different economic growth.
A key question is to determine in what kind of countries economic growth tend to be higher. Experience has shown that countries that encourage the rapid spread of technology tend to have stronger economic growth. Developing countries also have the potential to grow at faster rate than developed countries. So let’s think for one minute about developing countries that encourage the rapid spread of technology.. Of course, there will be a couple of countries that would fall under this definition, but what is interesting is that Vietnam is obviously one of them. With an expected economic growth of 6.5% in 2019, Vietnam is simply among the countries with the highest economic growth of the world. A couple of countries are expected to do better this year, this is notably the case of Rwanda 7.8% Dominica 9.4% , Ivory coast Ghana and Ethiopia are all three expected to grow at 7.5%. Does it mean that you should rather invest in these countries? Of course no. Economic growth is only one of the factors that you need to take into account before investing in a country. A country can have a great-expected growth but the country’s stocks might already be taking this into account.