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:
“Much of what Mr. Wallace calls his global thinking is, no matter how you slice it, still “globaloney.” Mr. Wallace’s warp of sense and his woof of nonsense is very tricky cloth out of which to cut the pattern of a post-war world.”
—Clare Boothe Luce (1903–1987)
“The reality is that zero defects in products plus zero pollution plus zero risk on the job is equivalent to maximum growth of government plus zero economic growth plus runaway inflation.”
—Dixie Lee Ray (b. 1924)