[Economic Report of the President (2007)]
[Administration of George W. Bush]
[Online through the Government Printing Office, www.gpo.gov]


 
Table B-112.--Growth rates in real gross domestic product, 1988-2006
[Percent change]
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1988-97                                                                            2006
Area and country                          annual    1998     1999     2000     2001     2002     2003     2004     2005     \1\
average
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World........................................................       3.4      2.8      3.7      4.9      2.6      3.1      4.1      5.3      4.9      5.1

Advanced economies...........................................       2.9      2.6      3.5      3.9      1.2      1.5      1.9      3.2      2.6      3.1

Of which:
United States..............................................       3.0      4.2      4.5      3.7       .8      1.6      2.5      3.9      3.2      3.4
Japan......................................................       2.9     -1.8      -.2      2.9       .4       .1      1.8      2.3      2.6      2.7
United Kingdom.............................................       2.2      3.3      3.0      3.8      2.4      2.1      2.7      3.3      1.9      2.7
Canada.....................................................       2.2      4.1      5.5      5.2      1.8      2.9      1.8      3.3      2.9      3.1

Euro area..................................................  ........      2.8      3.0      3.9      1.9       .9       .8      2.1      1.3      2.4
Germany................................................       2.7      2.0      1.9      3.1      1.2        *      -.2      1.2       .9      2.0
France.................................................       1.9      3.3      3.0      4.0      1.8      1.1      1.1      2.0      1.2      2.4
Italy..................................................       1.9      1.4      1.9      3.6      1.8       .3        *      1.1        *      1.5
Spain..................................................       2.9      4.5      4.7      5.0      3.5      2.7      3.0      3.1      3.4      3.4
Netherlands............................................       2.9      4.3      4.0      3.5      1.4       .1       .3      2.0      1.5      2.9
Belgium................................................       2.6      1.9      3.1      3.7      1.2      1.5       .9      2.4      1.5      2.7
Austria................................................       2.5      3.6      3.3      3.4       .8       .9      1.1      2.4      2.0      2.8
Finland................................................       1.6      5.2      3.9      5.0      2.6      1.6      1.8      3.5      2.9      3.5
Greece.................................................       2.0      3.4      3.4      4.5      5.1      3.8      4.8      4.7      3.7      3.7
Portugal...............................................       3.7      4.8      3.9      3.9      2.0       .8     -1.1      1.2       .4      1.2
Ireland................................................       5.9      8.5     10.7      9.2      5.7      6.0      4.3      4.3      5.5      5.8
Luxembourg.............................................       5.1      6.5      8.4      8.4      2.5      3.6      2.0      4.2      4.0      4.0

Memorandum:
Major advanced economies \2\...............................       2.7      2.6      3.1      3.6      1.1      1.2      1.8      3.0      2.4      2.9
Newly industrialized Asian economies \3\...................       7.3     -2.4      7.4      7.9      1.1      5.3      3.2      5.9      4.5      4.9

Other emerging market and developing countries...............       4.1      3.0      4.1      6.1      4.4      5.1      6.7      7.7      7.4      7.3

Regional groups:
Africa.....................................................       2.3      2.8      2.7      3.1      4.2      3.6      4.6      5.5      5.4      5.4
Central and eastern Europe.................................        .9      2.9       .7      5.1       .3      4.5      4.7      6.5      5.4      5.3
Commonwealth of
Independent States \4\...................................  ........     -3.4      5.2      9.0      6.3      5.3      7.9      8.4      6.5      6.8
Russia.................................................  ........     -5.3      6.4     10.0      5.1      4.7      7.3      7.2      6.4      6.5
Developing Asia............................................       7.9      4.2      6.2      7.0      6.1      7.0      8.4      8.8      9.0      8.7
China..................................................       9.9      7.8      7.1      8.4      8.3      9.1     10.0     10.1     10.2     10.0
India..................................................       6.0      5.9      6.9      5.3      4.1      4.3      7.2      8.0      8.5      8.3
Middle East................................................       4.0      3.7      1.8      5.3      3.0      4.1      6.4      5.5      5.7      5.8
Western Hemisphere.........................................       2.9      2.3       .5      3.9       .5       .1      2.2      5.7      4.3      4.8
Brazil.................................................       2.0       .1       .8      4.4      1.3      1.9       .5      4.9      2.3      3.6
Mexico.................................................       3.0      5.0      3.8      6.6        *       .8      1.4      4.2      3.0      4.0
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\1\ All figures are forecasts as published by the International Monetary Fund.
\2\ Includes Canada, France, Germany, Italy, Japan, United Kingdom, and United States.
\3\ Includes Hong Kong SAR (Special Administrative Region of China), Korea, Singapore, and Taiwan Province of China.
\4\ Includes Mongolia, which is not a member of the Commonwealth of Independent States, but is included for reasons of geography and similarities in
economic structure.
* Figure is zero or negligible.

Note.--For details on data shown in this table, see World Economic Outlook published semiannually by the International Monetary Fund.

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