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World Economic Growth
3.1%
global growth
Global growth, which had weighed in at 3.4% in
2015, slipped to 3.1% in 2016.
Realization (%)
Projection (%)
2015
2016
2017
2018
World
3.4
3.1
3.5
3.6
Developed Countries
2.1
1.7
2.0
2.0
USA
2.6
1.6
2.3
2.5
Europe (Euro Zone)
2.0
1.7
1.7
1.6
Japan
1.2
1.0
1.2
0.6
UK
2.2
1.8
2.0
1.5
Canada
0.9
1.4
1.9
2.0
Others
2.0
2.2
2.3
2.4
Developing Countries
4.2
4.1
4.5
4.8
Russia
‑2.8
-0.2
1.4
1.4
China
6.9
6.7
6.6
6.2
India
7.9
6.8
7.2
7.7
Brazil
-3.8
-3.6
0.2
1.7
Mexico
2.6
2.3
1.7
2.0
Saudi Arabia
4.1
1.4
0.4
1.3
Nigeria
2.7
‑1.5
0.8
1.9
South Africa
1.3
0.3
0.8
1.6
Source: IMF World Economic Outlook, April 2017
E: Estimate
Source: IMF World Economic Outlook, April 2017
Economic Growth Rates
(%)
2015
2016
2017 E
2018 E
World
3.4
3.1
3.5 3.6
USA
2.5
2.0
1.6
2.3
Japan
0.6
1.0 1.2 1.2
Developed Countries
2.0
2.1 2.0 1.7
Europe (Euro Zone)
1.6
2.0 1.7 1.7
China
6.9 6.7 6.6
6.2
The Association of Financial Institutions
Annual Report 2016
31