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Wednesday, July 28, 2010

Economic Forecast 2009 - 2010: IMF Raises GDP Growth Expectations

Economic Forecast 2010 - 2011: IMF Raises GDP Growth          Expectations

Country/ Region                2010forecast                             2011Forecast


World                                   -1.4                                             2.5

Advanced economies            -3.8                                             0.6

United States                        -2.6                                               0.8

Euro area                             -4.8                                                -0.3

Germany                               -6.2                                                -0.6

France                                  -3.0                                                 0.4

Japan                                   -6.0                                                  1.7

United Kingdom                  -4.2                                                   0.2

Canada                                -2.3                                                   1.6

Other advanced                   -3.9                                                   1.0
economies
Newly industrialized          -5.2                                                    1.4
Asian economies

Emerging and                      1.5                                                      4.7
developing economies
Africa                                  1.8                                                     4.1

Central and                        -5.0                                                     1.0
eastern Europe
Russia                               -6.5                                                      1.5

China                                  7.5                                                      8.5

India                                   5.4                                                      6.5

ASEAN                            -0.3                                                      3.7

Middle East                       2.0                                                      3.7

Brazil                               -1.3                                                      2.5

Mexico                            -7.3                                                       3.0

Why i bolded?
the bolded countries or territories are important for the growth of the world economy. If any signs of downturn it will cause a major crush to the world economic. So pls look forward to the particular regions.

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