[Economic Report of the President (2003)]
[Administration of George W. Bush]
[Online through the Government Printing Office, www.gpo.gov]


 
Table B-112.--Growth rates in real gross domestic product, 1984-2002
[Percent change at annual rate]
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Area and country                          1984-93   1994     1995     1996     1997     1998     1999     2000     2001    2002\1\

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World........................................................       3.3      3.7      3.7      4.0      4.2      2.8      3.6      4.7      2.2      2.8

Advanced economies.........................................       3.2      3.4      2.7      3.0      3.4      2.7      3.4      3.8       .8      1.7

Major advanced economies.................................       3.0      3.1      2.4      2.8      3.2      2.8      3.0      3.4       .6      1.4

United States..........................................       3.2      4.0      2.7      3.6      4.4      4.3      4.1      3.8       .3      2.2
Japan..................................................       3.7       .9      1.7      3.6      1.8     -1.2       .8      2.4      -.3      -.5
Germany................................................       2.8      2.3      1.7       .8      1.4      2.0      2.0      2.9       .6       .5
France.................................................       2.0      1.9      1.8      1.1      1.9      3.5      3.2      4.2      1.8      1.2
Italy..................................................       2.1      2.2      2.9      1.1      2.0      1.8      1.6      2.9      1.8       .7
United Kingdom.........................................       2.4      4.7      2.9      2.6      3.4      2.9      2.4      3.1      1.9      1.7
Canada.................................................       2.6      4.8      2.8      1.6      4.2      4.1      5.4      4.5      1.5      3.4

Other advanced economies.................................       3.8      4.6      4.3      3.8      4.3      2.2      5.0      5.3      1.6      2.6

Memorandum:
European Union...........................................       2.4      2.8      2.4      1.7      2.6      2.9      2.8      3.5      1.6      1.1
Euro area..............................................       2.4      2.4      2.2      1.4      2.3      2.9      2.8      3.5      1.5       .9
Newly industrialized Asian economies.....................       8.0      7.7      7.5      6.3      5.8     -2.4      8.0      8.5       .8      4.7

Developing countries.......................................       5.1      6.7      6.2      6.5      5.9      3.5      4.0      5.7      3.9      4.2

Africa...................................................       2.0      2.3      3.0      5.6      3.1      3.4      2.8      3.0      3.5      3.1
Developing Asia..........................................       7.6      9.7      9.0      8.3      6.6      4.0      6.1      6.7      5.6      6.1
Middle East and Turkey \2\...............................       3.5       .5      4.4      4.7      6.2      3.6      1.2      6.1      1.5      3.6
Western Hemisphere.......................................       2.9      5.0      1.8      3.6      5.2      2.3       .2      4.0       .6      -.6

Countries in transition....................................      -1.4     -8.5     -1.6      -.5      1.6      -.7      3.7      6.6      5.0      3.9

Central and eastern Europe...............................  ........      3.2      5.2      4.1      2.6      2.4      2.2      3.8      3.0      2.7
CIS and Mongolia \3\.....................................  ........    -14.5     -5.5     -3.3      1.1     -2.8      4.6      8.4      6.3      4.6
Russia.................................................  ........    -13.5     -4.2     -3.4       .9     -4.9      5.4      9.0      5.0      4.4
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\1\ All figures are forecasts as published by the International Monetary Fund.
\2\ Includes Malta.
\3\ CIS--Commonwealth of Independent States.

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