Economic forecasts
GDP | Inflation | Long-term interest rates
The table summarises our latest inflation forecasts
| Country | Forecast date | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017-2021 | |
| Global | Dec-11 | 3.4 | 2.8 | 2.7 | |||||
| Eurozone* | Dec-11 | 2.6 | 2.2 | 1.9 | 1.9 | 1.6 | 1.4 | 2.1 | |
| Americas | |||||||||
| Argentina | Dec-11 | 9.5 | 11.2 | 10.6 | 11.0 | 9.0 | 8.5 | 8.0 | |
| Brazil | Feb-12 | 6.5 | 6.6 | 5.3 | 4.7 | 4.5 | 4.4 | 4.5 | |
| Canada | Dec-11 | 2.9 | 2.1 | 2.0 | 2.1 | 2.0 | 2.0 | 2.0 | |
| Mexico | Dec-11 | 3.8 | 3.4 | 3.2 | 3.4 | 3.3 | 3.1 | 3.0 | |
| United States | Feb-12 | 3.1 | 2.3 | 2.4 | 2.2 | 2.3 | 2.3 | 2.2 | |
| Asia Pacific | |||||||||
| Australia | Dec-11 | 3.4 | 2.8 | 3.0 | 2.8 | 2.6 | 2.7 | 2.7 | |
| China | Feb-12 | 5.4 | 3.9 | 3.9 | 3.7 | 3.6 | 3.8 | 3.6 | |
| India | Feb-12 | 9.4 | 7.0 | 5.8 | 5.8 | 5.5 | 5.2 | 5.0 | |
| Japan | Dec-11 | -0.3 | -0.1 | 0.2 | 0.5 | 0.6 | 0.8 | 1.0 | |
| South Korea | Dec-11 | 4.0 | 3.2 | 3.0 | 2.9 | 2.9 | 3.0 | 3.0 | |
| Western Europe | |||||||||
| Austria* | Dec-11 | 3.3 | 2.8 | 2.4 | |||||
| Belgium* | Dec-11 | 3.5 | 2.0 | 2.0 | |||||
| Denmark | Dec-11 | 2.7 | 1.7 | 2.3 | |||||
| Finland* | Dec-11 | 3.5 | 3.0 | 2.5 | |||||
| France* | Dec-11 | 2.1 | 1.8 | 1.6 | 1.9 | 1.3 | 1.9 | 1.1 | |
| Germany* | Dec-11 | 2.3 | 2.8 | 2.5 | 2.3 | 1.7 | 1.3 | 1.7 | |
| Greece* | Dec-11 | 3.3 | 1.3 | 1.2 | |||||
| Ireland* | Dec-11 | 2.6 | 2.3 | 2.5 | |||||
| Italy* | Dec-11 | 2.8 | 0.8 | 1.5 | 1.7 | 1.9 | 2.0 | 2.0 | |
| Netherlands* | Dec-11 | 2.3 | 2.6 | 2.2 | 2.1 | 1.4 | 0.7 | 2.0 | |
| Norway | Dec-11 | 1.3 | 2.0 | 2.1 | 2.3 | 2.5 | 2.5 | 2.4 | |
| Portugal* | Dec-11 | 3.7 | 1.3 | 1.4 | |||||
| Spain* | Dec-11 | 3.2 | 2.8 | 2.0 | 1.4 | 1.6 | 1.8 | 2.1 | |
| Sweden | Dec-11 | 2.6 | 1.8 | 1.8 | 2.0 | 1.9 | 2.0 | 2.0 | |
| Switzerland | Dec-11 | 0.2 | 0.1 | 1.3 | 1.3 | 1.3 | 1.7 | 1.6 | |
| UK | Mar-12 | 4.5 | 2.7 | 2.0 | 2.0 | 2.1 | 2.1 | 2.0 | |
| Eastern Europe | |||||||||
| Bulgaria | Dec-11 | 4.2 | 2.7 | 2.8 | 2.9 | 3.0 | 2.9 | 2.9 | |
| Czech Republic | Dec-11 | 1.9 | 3.0 | 2.5 | 2.4 | 2.3 | 2.2 | 2.4 | |
| Estonia* | Dec-11 | 5.0 | 3.7 | 3.3 | 2.9 | 2.6 | 2.5 | 2.4 | |
| Hungary | Dec-11 | 3.9 | 4.8 | 3.4 | 3.2 | 3.3 | 3.0 | 3.0 | |
| Latvia | Dec-11 | 4.4 | 2.7 | 2.4 | 2.6 | 2.5 | 2.5 | 2.5 | |
| Lithuania | Dec-11 | 4.1 | 2.6 | 3.0 | 2.9 | 2.5 | 2.4 | 2.3 | |
| Poland | Dec-11 | 4.3 | 2.7 | 2.6 | 2.5 | 2.6 | 2.6 | 2.5 | |
| Romania | Dec-11 | 5.8 | 3.5 | 3.2 | 3.1 | 3.1 | 3.5 | 3.5 | |
| Russia | Feb-12 | 6.1 | 6.9 | 7.5 | 6.6 | 6.2 | 5.7 | 5.1 | |
| Slovakia* | Dec-11 | 3.9 | 3.8 | 3.4 | 3.5 | 3.3 | 2.6 | 2.9 | |
| Slovenia* | Dec-11 | 1.6 | 1.8 | 3.1 | 3.2 | 3.0 | 2.3 | 2.0 | |
| Turkey | Dec-11 | 6.5 | 8.3 | 5.5 | 5.2 | 4.6 | 4.9 | 4.4 | |
| Africa | |||||||||
| South Africa | Dec-11 | 5.0 | 5.5 | 5.0 | |||||
