Growth Rates In Real Gross Domestic Product

TABLE B–112.—Growth rates in real gross domestic product, 1983–2001 [Percent change at annual rate] Area and country 1983–92 1993 1994 1995 1996 1997 1998 1999 World 3.5 2.3 3.7 3.6 4.0 4.2 2.8 3.6 Advanced economies 3.3 1.4 3.4 2.7 3.0 3.4 2.7 3.3 Major advanced economies 3.2 1.3 3.1 2.3 2.8 3.2 2.8 3.0 United States 3.4 2.7 4.0 2.7 3.6 4.4 4.3 4.1 Japan 3.9 0.5 1.0 1.4 3.6 1.8 -1.0 0.7 Germany 3.1 -1.1 2.3 1.7 0.8 1.4 2.0 1.8 France 2.2 -0.9 1.8 1.9 1.1 1.9 3.5 3.0 Italy 2.3 -0.9 2.2 2.9 1.1 2.0 1.8 1.6 United Kingdom 2.5 2.5 4.7 2.9 2.6 3.4 3.0 2.1 Canada 2.6 2.4 4.7 2.8 1.6 4.3 3.9 5.1 Other advanced economies 3.9 1.9 4.6 4.3 3.8 4.3 2.2 4.9 Memorandum: European Union 2.6 -0.3 2.8 2.5 1.7 2.6 2.9 2.6 Euro area 2.7 -0.8 2.3 2.3 1.4 2.3 2.9 2.6 Newly industrialized Asian economies 8.2 6.5 7.7 7.5 6.3 5.8 -2.4 7.9 Developing countries 4.7 6.4 6.7 6.1 6.5 5.8 3.6 3.9 Africa 2.0 0.4 2.3 3.0 5.5 3.1 3.5 2.5 Developing Asia 7.3 9.4 9.7 9.0 8.3 6.5 4.0 6.2 Middle East, Malta, and Turkey 3.5 3.5 0.3 4.2 5.1 5.1 4.1 1.1 Western Hemisphere 2.3 4.0 5.0 1.8 3.6 5.3 2.3 0.1 Countries in transition 0.2 -8.9 -8.6 -1.4 -0.6 1.6 -0.8 3.6 Central and eastern Europe ...... -0.3 3.0 5.6 3.9 2.6 2.3 2.0 CIS and Mongolia 2 ...... -12.6 -14.6 -5.5 -3.3 1.1 -2.8 4.6 Russia ...... -13.0 -13.5 -4.2 -3.4 0.9 -4.9 5.4 1 All figures are forecasts as published by the International Monetary Fund. 2 CIS—Commonwealth of Independent States. Sources: Department of Commerce (Bureau of Economic Analysis) and International Monetary Fund.2000 2001 1 4.7 2.4 3.9 1.1 3.5 1.0 4.1 1.0 2.2 -0.4 3.0 0.5 3.5 2.1 2.9 1.8 2.9 2.3 4.4 1.4 5.2 1.5 3.4 1.7 3.4 1.5 8.2 0.4 5.8 4.0 2.8 3.5 6.8 5.6 5.9 1.8 4.1 1.0 6.3 4.9 3.8 3.0 7.8 6.1 8.3 5.8