GDP Growth 1974

Report year 1974·Data year 1974

GDP growth (annual %)·Higher is better — rank 1 leads·Published by World Bank Group

65 reference years (1961–2025), covering 107 to 211 countries — the longest and widest series on the site — pulled from the World Bank’s indicator API (NY.GDP.MKTP.KD.ZG). The annual percentage change in real GDP, measured at constant local prices so inflation is out of it. ⚠ A RATE, NOT A LEVEL, and this is the thing to hold on to when reading the table: the top of any year’s list is usually a small economy rebounding from a bad year or opening an oil field, not a rich country. Equatorial Guinea’s 150% in 1997 and Iraq’s −64% in 1991 are both real, and both say more about the year before than about the country. ⚠ A statistic, not an index, and left out of the Country Index: one year of growth is not a verdict on a country. ⚠ These are not 65 published reports — see `restatedByReport`. No rank is published, so none is stored; the POSITION shown on the statistics page is derived here by ordering the score, and labelled as ours.

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