IMF July 2017 forecasts for global growth
WASHINGTON - The IMF's World Economic Outlook released Sunday maintained the forecast for global growth at 3.5 percent in 2017, as improved growth in Europe, China and Japan offset downward revisions to the United States and Britain.
Here are the IMF's new forecasts for GDP growth, with the change from January's forecast in parentheses:
Country/region 2017 2018
World 3.5 (0.0) 3.6 (0.0)
Advanced economies 2.0 (0.0) 1.9 (-0.1)
United States 2.1 (-0.2) 2.1 (-0.4)
Eurozone 1.9 (0.2) 1.7 (0.1)
Germany 1.8 (0.2) 1.6 (0.1)
France 1.5 (0.1) 1.7 (0.1)
Italy 1.3 (0.5) 1.0 (0.2)
Spain 3.1 (0.5) 2.4 (0.3)
Japan 1.3 (0.1) 0.6 (0.0)
Britain 1.7 (-0.3) 1.5 (0.0)
Canada 2.5 (0.6) 1.9 (-0.1)
Russia 1.4 (0.0) 1.4 (0.0)
China 6.7 (0.1) 6.4 (0.2)
India 7.2 (0.0) 7.7 (0.0)
ASEAN-5* 5.1 (0.1) 5.2 (0.0)
Latin America &
Caribbean 1.0 (-0.1) 1.9 (-0.1)
Brazil 0.3 (0.1) 1.3 (-0.4)
Mexico 1.9 (0.2) 2.0 (0.0)
Sub-Saharan Africa 2.7 (0.1) 3.5 (0.0)
Nigeria 0.8 (0.0) 1.9 (0.0)
South Africa 1.0 (0.2) 1.2 (-0.4)
*Indonesia, Malaysia, Thailand, Philippines, Vietnam
