WASHINGTON: The International Monetary Fund on Tuesday released its latest World Economic Outlook, and below are the main economic forecasts for 2019 and 2020. Figures in parentheses show the change from January:
2019 2020
World 3.3% (-0.2) 3.6% (0.0)
Advanced economies 1.8% (-0.2) 1.7% (0.0)
United States 2.3% (-0.2) 1.9% (+0.1)
Euro Area 1.3% (-0.3) 1.5% (-0.2)
Germany 0.8% (-0.5) 1.4% (-0.2)
France 1.3% (-0.2) 1.4% (-0.2)
Italy 0.1% (-0.5) 0.9% (0.0)
Spain 2.1% (-0.1) 1.9% (0.0)
Japan 1.0% (-0.1) 0.5% (0.0)
Britain 1.2% (-0.3) 1.4% (-0.2)
Canada 1.5% (-0.4) 1.9% (0.0)
Emerging market and developing economies4.4% (-0.1) 4.8% (-0.1)
Russia 1.6% (0.0) 1.7% (0.0)
China 6.3% (+0.1) 6.1% (-0.1)
India 7.3% (-0.2) 7.5% (-0.2)
Emerging and developing Europe0.8% (+0.1) 2.8% (+0.4)
Latin America and the Caribbean1.4% (-0.6) 2.4% (-0.1)
Brazil 2.1% (-0.4) 2.5% (+0.3)
Mexico 1.6% (-0.5) 1.9% (-0.3)
Middle East, North Africa, Afghanistan and Pakistan1.5% (-0.9) 3.2% (+0.2)
Sub-Saharan Africa 3.5% (0.0) 3.7% (+0.1)
Nigeria 2.1% (+0.1) 2.5% (+0.3)
South Africa 1.2% (-0.2) 1.5% (-0.2)
Global trade volume
20192020
World3.4% (-0.6)3.9% (-0.1)
Consumer prices
Advanced economies1.6% (-0.1)2.1% (+0.1)
Emerging market and developing economies4.9% (-0.2)4.7% (+0.1)
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