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:
“Ours is a brand—new world of allatonceness. “Time” has ceased, “space” has vanished. We now live in a global village ... a simultaneous happening.”
—Marshall McLuhan (1911–1980)
“That land is like an Eagle, whose young gaze
Feeds on the noontide beam, whose golden plume
Floats moveless on the storm, and in the blaze
Of sunrise gleams when Earth is wrapped in gloom;
An epitaph of glory for the tomb
Of murdered Europe may thy fame be made,
Great People! as the sands shalt thou become;
Thy growth is swift as morn, when night must fade;
The multitudinous Earth shall sleep beneath thy shade.”
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