The economy of South Sudan will grow with 35 per cent in 2014. It is first on the list of Top Growers published by The Economist.

The country depends for more than 90 per cent on oil revenues. The gross domestic product will rapidly grow after the resumption of oil production that stopped in January 2012 over a disagreement with Sudan over Heglig.

Other countries like Mongolia and Macau are also on the list of very fast growing economies. China with a growth of 7.3 per cent is not in the top ten any longer.

Africa’s Gross domestic Product (GDP) is predicted to grow by around 5.5 per cent in 2014, the average rate over the past decade. It is faster than any other region in the world. Chad’s economy is also likely to surge ahead as production expands in its newest oilfields, according to the Economist Intelligence Unit.

Nigeria is Africa’s most populous country, with nearly 180m people. It will soon be established as the continent’s biggest economic power and will overtake South Africa as the continent’s largest economy.

File photo: South Sudan's new currency in 2011 (by The Niles.org)