Economic forecasts

GDP | Inflation | Long term interest rates


The table summarises our latest GDP forecasts


 

Country Forecast date 2011 2012 2013 2014 2015 2016 2017-2021
Global (market rates) Mar-12 2.7 2.4 3.0  
Global (PPP rates) Mar-12 3.6 3.2 3.6  
Eurozone* Dec-11 1.5 -0.2 1.0 1.3 1.6 1.8 1.6
Americas
Argentina Dec-11 8.9 4.0 4.1 4.0 3.9 4.1 4.0
Brazil Feb-12 2.9 3.3 4.9 4.4 4.3 4.3 4.2
Canada Dec-11 2.3 2.0 2.3 2.6 2.5 2.4 2.3
Mexico Dec-11 3.9 3.2 3.3 3.5 3.4 3.5 3.2
United States Feb-12 1.7 2.0 2.3 2.9 2.9 2.8 2.5
Asia Pacific
Australia Dec-11 2.0 3.4 3.2 3.3 3.1 3.3 3.1
China Feb-12 9.2 8.6 8.7 9.1 9.0 8.9 8.5
India Feb-12 7.0 7.5 8.1 8.2 8.3 8.5 8.2
Japan Dec-11 -0.9 2.1 1.3 1.2 1.5 1.3 1.1
South Korea Dec-11 3.6 3.5 3.7 4.2 4.3 4.0 3.8
Western Europe
Austria* Dec-11 3.2 0.2 0.5  
Belgium* Dec-11 1.9 -0.3 0.7  
Denmark Dec-11 1.1 1.1 1.7  
Finland* Dec-11 2.9 0.6 1.9  
France* Dec-11 1.7 -0.4 1.0 1.1 1.6 1.6 1.7
Germany* Dec-11 3.1 0.9 1.5 1.6 1.5 1.4 1.4
Greece* Dec-11 -6.8 -4.9 -1.6  
Ireland* Dec-11 0.8 -1.1 -0.3  
Italy* Dec-11 0.4 -1.4 -0.6 0.4 0.9 1.1 1.0
Netherlands* Dec-11 1.5 0.3 1.3 1.6 1.6 1.8 1.8
Norway Dec-11 2.5 2.0 2.2 2.3 2.3 2.6 2.5
Portugal* Dec-11 -1.5 -3.4 -1.0  
Spain* Dec-11 0.7 -0.7 0.2 0.9 1.5 2.0 2.3
Sweden Dec-11 4.3 1.1 1.7 2.4 2.3 2.3 2.3
Switzerland Dec-11 1.7 0.6 1.6 1.8 1.6 1.7 1.8
UK Mar-12 0.9 0.6 1.8 2.2 2.4 2.3 2.1
Eastern Europe
Bulgaria Dec-11 1.6 1.4 2.4 3.9 3.7 3.5 3.9
Czech Republic Dec-11 1.7 0.7 2.0 2.4 2.7 3.0 3.0
Estonia* Dec-11 7.5 2.4 2.3 3.9 3.7 3.8 3.9
Hungary Dec-11 1.7 0.3 1.2 1.9 2.5 3.3 3.1
Latvia Dec-11 5.2 2.0 3.5 4.0 4.0 4.1 4.0
Lithuania Dec-11 5.8 2.5 3.7 3.9 4.1 4.2 4.1
Poland Dec-11 4.3 2.5 3.2 3.4 3.6 3.5 3.8
Romania Dec-11 2.5 1.5 2.4 3.9 4.0 3.5 3.3
Russia Feb-12 4.3 3.7 4.0 4.1 4.2 4.1 3.9
Slovakia* Dec-11 3.3 1.4 1.9 2.5 3.8 4.3 4.1
Slovenia* Dec-11 -0.2 0.0 1.4 2.2 2.4 2.4 2.5
Turkey Dec-11 8.3 1.9 3.2 3.8 4.1 4.2 4.2
Africa
South Africa Dec-11 3.2 3.3 3.7  

* Projections are derived from a probability-weighted outlook for the four different scenarios described in this report