WORLD ECONOMIC OUTLOOK: TENSIONS FROM THE TWO-SPEED RECOVERY
Table A3. Advanced Economies: Components of Real GDP (concluded) Averages
Final Domestic Demand Advanced Economies United States Euro Area1 Germany France Italy Spain Japan United Kingdom Canada Other Advanced Economies2 Memorandum Major Advanced Economies Newly Industrialized Asian Economies
Projections
1993–2002
2003–12
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2.8 3.8 ... 1.2 1.9 1.3 3.2 0.8 3.3 2.8 3.9
1.6 1.7 1.1 0.9 1.7 0.5 1.6 0.6 1.2 3.1 3.1
2.0 2.8 1.3 0.1 2.1 0.7 4.0 0.5 2.8 3.7 2.1
2.9 3.6 1.8 –0.1 2.5 1.4 4.8 1.6 3.4 3.9 3.9
2.8 3.3 2.1 0.4 2.6 1.2 5.2 1.9 2.2 4.4 3.4
2.7 2.5 2.8 2.6 2.7 1.4 4.9 1.1 2.5 4.6 4.0
2.3 1.5 2.4 1.1 3.0 1.2 4.2 1.0 2.9 4.0 4.9
0.0 –0.6 0.6 1.4 0.7 –1.2 –0.7 –1.1 –0.3 2.8 1.2
–2.7 –3.1 –2.6 –1.8 –0.5 –3.4 –6.0 –3.4 –4.3 –1.8 –0.7
1.8 1.8 0.5 1.9 1.0 0.9 –1.2 1.5 1.0 4.4 4.2
2.1 2.5 1.0 1.9 1.2 1.4 –0.1 1.4 0.8 3.1 3.9
2.3 2.6 1.3 1.6 1.5 1.3 1.4 2.0 1.6 2.4 3.8
2.7
1.4
2.0
2.7
2.6
2.3
1.7
–0.3
–2.9
1.7
2.0
2.2
4.8
3.2
1.2
3.7
3.2
3.9
4.7
0.4
0.0
5.7
4.6
4.3
0.0 0.0 ... –0.2 0.1 0.0 –0.1 0.0 0.1 0.1 0.0
0.0 0.0 0.0 0.0 –0.1 0.1 0.0 0.0 0.0 0.0 0.0
0.1 0.1 0.1 0.5 –0.3 0.1 –0.1 0.2 0.2 0.7 –0.1
0.3 0.4 0.2 0.0 0.6 –0.1 0.0 0.3 0.1 0.1 0.6
–0.1 –0.1 –0.2 –0.4 0.2 –0.3 –0.1 –0.1 0.0 0.5 –0.1
0.1 0.1 0.1 –0.2 0.0 0.5 0.3 0.2 0.0 –0.2 0.0
0.0 –0.2 0.2 –0.1 0.4 0.1 –0.1 0.3 0.1 –0.1 –0.2
–0.2 –0.5 –0.2 –0.2 –0.3 –0.2 0.1 –0.2 –0.5 –0.2 0.3
–1.0 –0.7 –0.8 0.1 –1.9 –0.6 0.0 –1.5 –1.2 –0.9 –2.0
1.0 1.4 0.4 0.5 0.1 0.9 0.1 0.6 1.4 0.8 1.3
0.0 –0.1 –0.2 –0.8 0.3 0.0 0.0 0.3 0.3 –0.3 0.3
0.1 0.1 0.0 0.0 0.2 0.0 0.0 0.0 0.0 0.1 0.1
0.0
0.0
0.1
0.3
–0.1
0.1
0.0
–0.4
–0.8
1.0
0.0
0.1
–0.1
0.0
–0.2
0.8
–0.2
0.2
–0.3
1.0
–3.0
1.9
0.2
0.0
–0.1 –0.5 ... 0.5 0.1 0.3 –0.1 0.1 –0.3 0.6 0.3
0.2 0.1 0.1 0.4 –0.4 –0.2 0.0 0.4 0.1 –1.2 0.7
–0.3 –0.5 –0.6 –0.8 –0.7 –0.8 –0.8 0.7 –0.1 –2.3 0.6
–0.1 –0.7 0.3 1.3 –0.8 0.2 –1.7 0.8 –0.7 –0.8 0.4
–0.1 –0.3 –0.2 0.7 –0.8 –0.3 –1.7 0.3 0.0 –1.6 1.0
0.2 –0.1 0.2 1.1 –0.3 0.0 –1.4 0.8 0.2 –1.4 0.9
0.4 0.6 0.3 1.6 –1.0 0.2 –0.8 1.1 –0.5 –1.5 0.8
0.5 1.2 0.1 –0.1 –0.3 0.1 1.5 0.2 0.7 –1.9 0.2
0.4 1.3 –0.7 –3.2 –0.2 –1.3 2.7 –1.5 0.9 0.2 1.7
0.2 –0.4 0.8 1.2 0.4 –0.5 1.0 1.8 –1.0 –2.2 0.5
0.4 0.3 0.8 1.3 0.1 –0.2 0.9 –0.3 0.6 –0.2 0.3
0.3 0.0 0.4 0.6 0.0 0.4 0.2 0.2 0.7 0.0 0.2
–0.2
0.1
–0.4
–0.2
–0.2
0.1
0.4
0.5
0.1
0.0
0.2
0.2
0.4
1.5
2.0
1.3
2.1
1.9
2.2
0.5
2.0
1.5
0.8
0.7
Stock Building3 Advanced Economies United States Euro Area1 Germany France Italy Spain Japan United Kingdom Canada Other Advanced Economies2 Memorandum Major Advanced Economies Newly Industrialized Asian Economies Foreign Balance3 Advanced Economies United States Euro Area1 Germany France Italy Spain Japan United Kingdom Canada Other Advanced Economies2 Memorandum Major Advanced Economies Newly Industrialized Asian Economies 1Excludes
Estonia. 2In this table, Other Advanced Economies means advanced economies excluding the G7 and Euro Area countries but including Estonia. 3Changes expressed as percent of GDP of the preceding period.
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International Monetary Fund | April 2011