The fastest growing tree in the world is the Eucalyptus. One tree in New Guinea grew 10.5 m (35 ft) in one year. This is almost 3 cm (over 1 in) a day. In contrast, a Sika Spruce inside the Arctic Circle, takes some 98 years to grow 28cm (11 in ); some 4,000 times slower.

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Source: https://www.pitara.com/non-fiction-for-kids/did-you-know-for-kids/the-fastest-growing-tree-in-the-world-is/

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