Global Outlook for Growth of GDP 2010-2025[td]
| ACTUAL GROWTH 2010-2013 | ACTUAL GROWTH 2014 | FORECAST GROWTH 2015 | PROJECTED GROWTH 2015-2019 | TREND GROWTH 2020-2025 | United States | 2.2 | 2.2 | 2.6 | 2.4 | 1.9 | Europe* | 0.9 | 1.4 | 2.0 | 2.1 | 1.5 | of which: Euro Area | 0.5 | 0.9 | 1.6 | 1.9 | 1.2 | Japan | 1.8 | 0.9 | 1.1 | 1.4 | 1.1 | Other mature** | 3.5 | 3.1 | 3.0 | 2.9 | 2.5 | Mature Economies | 1.8 | 1.9 | 2.3 | 2.3 | 1.8 | | | | | | | China | 8.8 | 7.3 | 6.5 | 5.5 | | India | 6.6 | 5.2 | 5.5 | 5.5 | 5.0 | Other developing Asia | 5.2 | 4.4 | 4.3 | 4.3 | 3.9 | Latin America | 3.6 | 1.5 | 1.8 | 2.8 | 2.9 | of which: Brazil | 3.4 | 0.5 | 1.5 | 3.1 | 3.1 | of which: Mexico | 3.5 | 3.0 | 2.8 | 2.8 | 2.8 | Middle East & North Africa | 3.3 | 3.0 | 3.4 | 3.4 | 3.2 | Sub-Saharan Africa | 4.5 | 4.2 | 5.0 | 5.0 | 5.3 | Russia, Central Asia and Southeast Europe*** | 4.1 | 0.8 | 1.4 | 2.1 | 1.7 | Emerging Market
and Developing Economies | 6.2 | 4.8 | 4.7 | 4.5 | 3.7 | | | | | | | World Total | 3.7 | 3.2 | 3.4 | 3.3 | 2.7 |
Notes: Projections are based on trend growth estimates, which - for the period 2015-2019 - are adjusted for remaining output gaps.
* Europe includes 27 members of the European Union (excluding Croatia) as well as Switzerland and Norway.
** Other advanced economies are Australia, Canada, Iceland, Israel, Hong Kong, South Korea, New Zealand, Singapore, and Taiwan Province of China.
*** Southeast Europe includes Albania, Bosnia and Herzegovina, Croatia, Macedonia, Serbia and Montenegro, and Turkey.
Sources: The Conference Board Global Economic Outlook 2015 and The Conference Board Total Economy Database™,September 2014 update.
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