Gross World Product - Recent Global Growth

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.

Economic growth rates (%)
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 risk for a woman who considers her helpless children her “job” is that the children’s growth toward self-sufficiency may be experienced as a refutation of the mother’s indispensability, and she may unconsciously sabotage their growth as a result.
    Letty Cottin Pogrebin (20th century)