The West seems to be stuck in a vicious cycle of joblessness and lower economic growth. Even emerging economies like China and India are showing signs of dramatic slowdown. At such times, it is interesting to know, which economy will spearhead the GDP growth in times to come. As per the International Monetary Fund (IMF), Iraq will top the economies with the fastest GDP growth rate in 4 out of the next 5 years. Worth pointing that the economy of Iraq is expected to grow by as much as 12.6% in 2012 and at an average rate of 9.6% over the next 5 years.

Source: IMF