[Economic Report of the President (1997)]
[Administration of William J. Clinton]
[Online through the Government Printing Office, www.gpo.gov]

[DOCID: f:erp_b110._]
Economic Report of the President - - - - - - - - - - - - H. Doc. 105-002
[From the online service of the U.S. Government Printing Office]
[wais.access.gpo.gov]



Table B-110.--Growth rates in real gross domestic product, 1978-96
[Percent change at annual rate]
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Area and country                         1978-87   1988     1989     1990     1991     1992     1993      1994     1995   1996\1\

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World........................................................       3.3      4.7      3.7      2.6      1.5      2.4      2.4      3.7      3.5      3.8

Industrial countries.......................................       2.7      4.3      3.6      2.5       .8      1.7       .9      2.8      2.1      2.3

United States............................................       2.8      3.8      3.4      1.3     -1.0      2.7      2.3      3.5      2.0      2.4
Canada...................................................       3.2      5.0      2.4      -.2     -1.8       .8      2.2      4.1      2.3      1.4
Japan....................................................       3.7      6.2      4.8      5.1      4.0      1.1       .1       .5       .9      3.5

European Union...........................................       2.1      4.2      3.5      3.0      1.6      1.0      -.5      2.8      2.5      1.6

France.................................................       2.1      4.4      4.3      2.5       .8      1.2     -1.3      2.8      2.2      1.3
Germany\2\.............................................       1.8      3.7      3.6      5.7      5.0      2.2     -1.1      2.9      1.9      1.3
Italy..................................................       2.7      4.1      2.9      2.1      1.2       .7     -1.2      2.2      3.0      1.1
United Kingdom\3\......................................       2.3      5.0      2.2       .4     -2.0      -.5      2.1      3.9      2.5      2.2

Developing countries.......................................       4.5      5.4      4.3      4.3      5.1      6.4      6.3      6.6      5.9      6.3

Africa...................................................       2.1      4.1      3.4      1.8      1.8       .8       .9      2.9      3.0      5.0
Asia.....................................................       6.8      9.1      6.2      5.9      6.9      8.8      8.7      9.1      8.6      8.0
Middle East and Europe...................................       2.5       .4      2.7      5.3      3.5      6.2      4.2       .5      3.6      3.9
Western Hemisphere.......................................       3.1      1.1      1.6      1.1      3.3      2.8      3.2      4.7       .9      3.0

Countries in transition....................................       3.0      4.2      2.1     -3.7    -11.5    -14.7     -8.5     -8.8     -1.3       .4

Central and eastern Europe...............................  ........  .......  .......  .......    -10.8     -9.9     -4.9     -2.9      1.2      1.6
Russia, Transcaucasus, and central Asia..................  ........  .......  .......  .......    -12.0    -18.7    -11.7    -14.8     -4.1     -.9
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\1\All figures are forecasts as published by the International Monetary Fund.
\2\Through 1991 data are for West Germany only.
\3\Average of expenditure, income, and output estimates of GDP at market prices.

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