Tuesday, October 9, 2018

Table of IMF economic growth forecasts

© AFP/File | With trade growth set to slow

© AFP/File | With trade growth set to slow sharply amid a trade war between the US and China, the IMF cut its outlook for global GDP by two-tenths to 3.7 percent for 2018 and 2019 

Washington, United States. Here are the International Monetary Fund's latest economic growth projections for 2018 and 2019, published Monday in the quarterly update to the World Economic Outlook.

The table shows the GDP growth forecasts in percentages, with revisions from the July WEO forecast in parentheses.

GDP GROWTH ESTIMATES      2018           2019

World                    3.7 (-0.2)     3.7 (-0.2)

Advanced economies       2.4 (0.0)      2.1 (-0.1)

     United States       2.9 (0.0)      2.5 (-0.2)

     Euro area           2.0 (-0.2)     1.9 (0.0)

      Germany            1.9 (-0.3)     1.9 (-0.2)

      France             1.6 (-0.2)     1.6 (-0.1)

      Italy              1.2 (0.0)      1.0 (0.0)

      Spain              2.7 (-0.1)     2.2 (0.0)

     Japan               1.1 (0.1)      0.9 (0.0)

     Britain             1.4 (0.0)      1.5 (0.0)

     Canada              2.1 (0.0)      2.0 (0.0)

Emerging & developing economies 

                         4.7 (-0.2)     4.7 (-0.4)

Developing Asia          6.5 (0.0)      6.3 (-0.2)

     China               6.6 (0.0)      6.2 (-0.2)

     India               7.3 (0.0)      7.4 (-0.1)

Latin America and the Caribbean 

                         1.2 (-0.4)     2.2 (-0.4)

     Brazil              1.4 (-0.4)     2.4 (-0.1)

     Mexico              2.2 (-0.1)     2.5 (-0.2)

Russia                   1.7 (0.0)      1.8 (0.3)

Middle East and North Africa 

                         2.4 (-1.1)     2.7 (-1.2)

Sub-Saharan Africa       3.1 (-0.3)     3.8 (0.0)

World Trade Volume       4.2 (-0.6)     4.0 (-0.5)

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