News and Publications
11/13/2012
Country risk and economic studies

World growth forecasts updated - November 2012

  2002 2003 2004 2005 2006 2007 2008 2009 2010 2011(e) 2012(f)
World production 2.1 2.7 4.1 3.7 4.3 4.2 1.9 -1.8 4.3 3.1 2.6
                       
Industrialised countries 1.4 1.8 2.9 2.4 2.8 2.4 0.0 -3.7 2.5 1.3 1.2
United States 1.8 2.5 3.5 3.1 2.7 1.9 -0.3 -3.1 2.4 1.8 2.0
Japan 0.3 1.4 2.7 1.9 2 2.4 -1.2 -5.5 4.6 -0.7 2.3
Euro zone 1.2 0.8 2.2 1.7 3.1 2.7 0.3 -4.2 2.0 1.7 -0.3
Germany 0 -0.2 1.2 0.8 3.4 2.7 1 -5.1 3.6 3.1 0.9
United Kingdom 2.1 2.8 3 2.2 2.8 2.7 0.1 -4.0 1.8 0.8 -0.5
France 1 1.1 2.5 1.8 2.5 2.3 -0.1 -3.1 1.6 1.7 0.1
Italy 0.5 0 1.7 0.9 2.2 1.5 -1.2 -5.5 1.8 0.5 -2.3
Spain  0.0 0.0  3.3 3.5 4.0 3.5 0.9 -3.7 -0.3 0.4 -1.6
Emerging countries 4.4 5.6 7.4 6.8 7.7 7.9 5.5 1.9 7.2 5.8 4.7
Emerging Asia 6.5 7.1 7.9 8.3 9.2 10.1 6.8 5.7 9.0 7.4 6.1
Latin America 0.6 2.0 5.9 4.5 5.6 5.6 4.2 -1.5 6.2 4.2 3.1
Emerging Europe 4.0 4.6 6.9 6.0 6.6 5.7 3.0 -4.0 4.5 4.8 1.7
Middle East 2.5 6.3 7.4 6.4 6.3 5.0 4.8 2.0 5.3 3.1 3.3
Africa 6.3 6.3 9.7 5.6 6.7 6.8 5.5 2.6 5.0 4.4 4.6
China 9.1 10.0 10.1 11.3 12.7 14.2 9.6 9.2 10.5 9.2 7.7
India 3.8 8.5 7.5 9.5 9.6 9.3 6.7 6.4 8.9 7.5 5.5
Brazil 2.7 1.2 5.7 3.0 4.0 5.7 5.2 -0.3 7.5 2.7 2.2
Russia 4.7 7.3 7.2 6.4 7.4 8.1 5.6 -7.8 4.3 4.3 3.8

(e) Estimate (f) Forecast

Contact


Alexa DANKOWSKI

MARKETING AND COMMUNICATIONS MANAGER
North America
CELL +1 (609) 469-0494
alexa.dankowski@coface.com

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