[Economic Report of the President (2000)]
[Administration of William J. Clinton]
[Online through the Government Printing Office, www.gpo.gov]



[[Page 432]]

 
Table B-110.--Growth rates in real gross domestic product, 1981-99
[Percent change at annual rate]
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Area and country                          1981-90   1991     1992     1993     1994     1995     1996     1997     1998    1999\1\

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World........................................................       3.4      1.8      2.5      2.7      4.0      3.8      4.3      4.2      2.5      3.0

Advanced economies.........................................       3.1      1.2      2.0      1.3      3.2      2.6      3.2      3.2      2.2      2.8

Major industrial countries...............................       2.9       .8      1.8      1.1      2.8      2.2      3.0      2.9      2.2      2.6

United States\2\.......................................       2.9      -.9      2.7      2.3      3.5      2.3      3.4      3.9      3.9      3.7
Japan..................................................       4.0      3.8      1.0       .3       .6      1.5      5.0      1.4     -2.8      1.0
Germany\3\.............................................       2.3      5.0      2.2     -1.1      2.3      1.7       .8      1.8      2.3      1.4
France.................................................       2.4       .8      1.2     -1.3      2.8      2.1      1.6      2.3      3.2      2.5
Italy..................................................       2.2      1.4       .8      -.9      2.2      2.9       .9      1.5      1.3      1.2
United Kingdom\4\......................................       2.7     -1.5       .1      2.3      4.4      2.8      2.6      3.5      2.2      1.1
Canada.................................................       2.8     -1.9       .9      2.3      4.7      2.8      1.7      4.0      3.1      3.6

Other advanced economies.................................       3.7      2.9      2.5      2.0      4.5      4.3      3.9      4.2      2.1      3.5

Developing countries.......................................       4.2      4.9      6.7      6.5      6.8      6.1      6.6      5.8      3.2      3.5

Africa...................................................       2.5      1.8       .2       .7      2.4      3.0      5.9      3.1      3.4      3.1
Asia.....................................................       6.9      6.6      9.5      9.3      9.6      9.1      8.2      6.6      3.7      5.3
Middle East and Europe...................................       2.8      2.7      7.1      3.9       .7      3.7      4.7      4.5      3.2      1.8
Western Hemisphere.......................................       1.6      3.9      3.3      3.9      4.9      1.5      3.6      5.3      2.2       .1

Countries in transition....................................       2.2     -7.6    -13.8     -7.1     -7.1      -.5      -.3      2.2      -.2       .8

Central and eastern Europe...............................  ........     -9.9     -8.5     -3.7     -2.9      1.6      1.6      3.0      2.2      1.0
Russia...................................................  ........     -5.4    -19.4    -10.4    -11.6     -2.4     -3.4       .9     -4.6  .......
Transcaucasus and central Asia...........................  ........     -7.0    -14.4     -9.6    -10.4     -4.4      1.6      2.5      2.2      2.0
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\1\All figures are forecasts as published by the International Monetary Fund.
\2\Data for United States as published in the National Income and Product Account benchmark revisions released by the Department of Commerce in October
1999 show the following real GDP growth rates: for the 1981-90 period, 3.2 percent (annual rate); for 1991, -.2 percent; for 1992, 3.3 percent; for
1993, 2.4 percent; for 1994, 4.0 percent; for 1995, 2.7 percent; for 1996, 3.7 percent; for 1997, 4.5 percent; and for 1998, 4.3 percent. The
preliminary estimate released by the Department of Commerce for 1999 is 4.0 percent.
\3\Through 1991 data are for West Germany only.
\4\Average of expenditure, income, and output estimates of GDP at market prices.

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