Recent Global Growth
The table below gives recent percentage values for overall GWP growth through 2011, and estimates for 2012 and 2013, according to the International Monetary Fund (IMF)'s 2011 World Economic Outlook database. Data is given in terms of constant year-on-year prices, based on purchasing power parity.
| Year | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 (est.) | 2013 (est.) |
|---|---|---|---|---|---|---|---|---|
| World | 5.1 | 5.2 | 3.0 | -0.5 | 5.3 | 3.9 | 3.5 | 3.9 |
| Advanced economies | 3.0 | 2.7 | 0.6 | -3.4 | 3.2 | 1.6 | 1.4 | 1.9 |
| Eurozone | 2.9 | 2.7 | 0.7 | -4.1 | 1.9 | 1.5 | -0.3 | 0.7 |
| USA | 2.7 | 2.1 | 0.4 | -2.6 | 3.0 | 1.7 | 2.0 | 2.3 |
| Developing countries | 7.9 | 8.3 | 6.0 | 2.8 | 7.5 | 6.2 | 5.6 | 5.9 |
Read more about this topic: Gross World Product
Famous quotes containing the words global and/or growth:
“The Sage of Toronto ... spent several decades marveling at the numerous freedoms created by a “global village” instantly and effortlessly accessible to all. Villages, unlike towns, have always been ruled by conformism, isolation, petty surveillance, boredom and repetitive malicious gossip about the same families. Which is a precise enough description of the global spectacle’s present vulgarity.”
—Guy Debord (b. 1931)
“I conceive that the leading characteristic of the nineteenth century has been the rapid growth of the scientific spirit, the consequent application of scientific methods of investigation to all the problems with which the human mind is occupied, and the correlative rejection of traditional beliefs which have proved their incompetence to bear such investigation.”
—Thomas Henry Huxley (1825–95)