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. Wallaces 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 (19031987)
“Every child has an inner timetable for growtha pattern unique to him. . . . Growth is not steady, forward, upward progression. It is instead a switchback trail; three steps forward, two back, one around the bushes, and a few simply standing, before another forward leap.”
—Dorothy Corkville Briggs (20th century)