[Economic Report of the President (1996)]
[Administration of William J. Clinton]
[Online through the Government Publishing Office, www.gpo.gov]

[DOCID: f:erp_b108._]
Economic Report of the President - - - - - - - - - - - - H. Doc. 104-161
[From the online service of the U.S. Government Printing Office]
[wais.access.gpo.gov]


Table B-108.--Growth rates in real gross domestic product, 1977-95
[Percent change at annual rate]
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Area and country                         1977-86    1987     1988     1989     1990     1991     1992     1993     1994   1995\1\
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World........................................................       3.3      4.0      4.6      3.5      2.4      1.3      2.0      2.5      3.6      3.7

Industrial countries.......................................       2.7      3.2      4.4      3.3      2.4       .8      1.5      1.1      3.1      2.5

United States\2\.........................................       2.7      3.1      3.9      2.5      1.2      -.6      2.3      3.1      4.1      2.9
Canada...................................................       3.1      4.2      5.0      2.4      -.2     -1.8       .8      2.2      4.6      2.2
Japan....................................................       4.0      4.1      6.2      4.7      4.8      4.3      1.1      -.2       .5       .5

European Union...........................................       2.1      2.9      4.2      3.5      3.0      1.1      1.0      -.6      2.8      2.9

France.................................................       2.2      2.3      4.4      4.3      2.5       .8      1.3     -1.5      2.9      2.9
Germany\3\.............................................       1.9      1.5      3.7      3.6      5.7      2.8      2.2     -1.2      2.9      2.6
Italy..................................................       2.7      3.1      4.1      2.9      2.1      1.2       .7     -1.2      2.2      3.0
United Kingdom\4\......................................       2.1      4.8      5.0      2.2       .4     -2.0      -.5      2.2      3.8      2.7

Developing countries.......................................       4.5      5.7      5.2      4.2      4.0      4.9      5.9      6.1      6.2      6.0

Africa...................................................       2.1      1.6      3.6      3.4      2.1      1.7       .7       .8      2.6      3.0
Asia.....................................................       6.7      8.1      9.1      6.0      5.7      6.4      8.2      8.7      8.5      8.7
Middle East and Europe...................................       2.6      5.0      -.5      2.7      4.8      3.2      5.5      3.6       .3      2.4
Western Hemisphere.......................................       3.2      3.4      1.1      1.6       .6      3.5      2.7      3.3      4.6      1.8

Countries in transition\5\.................................       3.3      2.5      4.0      2.0     -3.9    -11.6    -15.2     -9.1     -9.5     -2.1

Central and eastern Europe...............................  ........  .......  .......  .......  .......    -11.1    -11.3     -6.1     -3.8       .2
Russia, Transcaucasus, and central Asia..................  ........  .......  .......  .......  .......    -12.0    -18.7    -11.8    -15.2     -4.6
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\1\ All figures are forecasts as published by the International Monetary Fund.
\2\ U.S. GDP data were revised historically by the Department of Commerce in January 1996; data shown in this table are pre-benchmark estimates. See
Table B-2 for revised GDP data.
\3\ Through 1990 data are for West Germany only.
\4\ Average of expenditure, income, and output estimates of GDP at market prices.
\5\ For most countries included in the group, total output is measured by real net material product (NMP) or by NMP-based estimates of GDP.

Sources: Department of Commerce (Bureau of Economic Analysis) and International Monetary Fund.