Possible meanings are 1) "he will cause you to become greater than any other nation that he has established, and he will enable you to praise him and honor him" or 2) "he will have people praise you more than they praise every other nation that he has made; people will say that you are better than any other nation, and they will honor you."
Yahweh choosing the people of Israel to belong to him in a special way is spoken of as if Yahweh set them apart from all other nations. This can be stated in active form. AT: "Yahweh your God will set you apart from other nations" (See: [[rc://en/ta/man/translate/figs-metaphor]] and [[rc://en/ta/man/translate/figs-activepassive]])