Is global economy is growing?
After growing 4.0% in average between 2010-2014 years, world economy is expected to grow by average 3.6% between 2015-2018 years. While USA and Euro Area economies are expected to grow by average 2.7% and 1.6%,respectively, between 2015-2018 years, China’s economy’s growing rate is going to smaller each year.
You can see the growth rates in percentages year by year in the following table.
| 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| World | 5,7 | 3,1 | 0,0 | 5,4 | 4,2 | 3,4 | 3,3 | 3,4 | 3,1 | 3,6 | 3,8 | 3,9 |
| USA | 1,8 | -0,3 | -2,8 | 2,5 | 1,6 | 2,2 | 1,5 | 2,4 | 2,6 | 2,8 | 2,8 | 2,7 |
| Euro Area | 3,0 | 0,5 | -4,6 | 2,0 | 1,6 | -0,8 | -0,3 | 0,9 | 1,5 | 1,6 | 1,7 | 1,6 |
| China | 14,2 | 9,6 | 9,2 | 10,6 | 9,5 | 7,7 | 7,7 | 7,3 | 6,8 | 6,3 | 6,0 | 6,1 |
Source: IMF
