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World's best economies

By at least one measure, these economies rank best in the world, according to the International Monetary Fund's estimates.

Mongolia: Best investment

worlds best economies mongolia 2
New high-rise buildings under construction in Ulan Bator.
  • Measure: Total investment as % of GDP
  • 2012 reading: 64%

Sandwiched between China and Russia, Mongolia is in the midst of a bona fide economic boom. Fueled by a surge in mining activity, the country's gross domestic product grew by 17.3% in 2011 and is on track for another big gain in 2012.

Mongolia also leads the world in investment, which registers at 63.6% of its GDP -- by far the highest in the world. Elevated investment does appear to be something of a neighborhood trend however, as China ranks second with 48.4% and Bhutan is fourth at 46.6%.

But Mongolia's economy is still heavily dependent on its neighbors. China receives 90% of the smaller country's exports and Russia provides 95% of its petroleum.

  @CRrileyCNN - Last updated August 13 2012 08:34 AM ET

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