Summary of World Output

By: EconomyWatch   Date: 6 December 2010

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Summary of World Output (Annual Percent Change)

Ten-Year Averages
- 1987-96 1997-2006 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006
World 3.3 3.9 4.2 2.8 3.7 4.6 2.5 3.0 4.0 5.1 4.3 4.4
Advanced economies 3.0 2.7 3.4 2.6 3.5 3.8 1.2 1.6 2.0 3.4 2.3 3.0
United States 2.9 3.4 4.5 4.5 4.4 3.7 0.8 1.9 3.0 4.4 3.6 3.6
Euro area … 2.0 2.4 2.8 2.8 3.6 1.6 0.9 0.5 2.0 1.6 2.3
Japan 3.2 0.9 1.7 -1.1 …. 2.4 0.2 -0.3 1.4 2.6 0.8 1.9
Other Advanced economics 3.8 3.3 4.1 1.8 4.7 5.2 1.8 3.2 2.3 3.8 3.1 3.4
Other emerging market and
developing countries		 3.9 5.3 5.3 3.0 4.0 5.8 4.2 4.7 6.4 7.2 6.3 6.0
Regional group
Africa 2.2 4.0 3.2 3.0 2.8 3.2 4.0 3.6 4.6 5.1 5.0 5.4
Central and eastern Europe 0.9 3.6 4.2 2.8 0.4 4.9 0.2 44.4 4.6 6.1 4.5 4.5
Commonwealth of Independent States … 5.2 1.1 -3.5 5.1 9.1 6.4 5.4 7.9 8.2 6.5 6.0
Developing Asia 7.8 6.6 6.5 4.1 6.2 6.5 5.8 6.5 8.1 8.2 7.4 7.0
Middle East 3.4 4.5 4.8 4.0 2.1 5.4 3.3 4.1 5.8 5.5 5.0 4.9
Western Hemisphere 2.8 2.8 5.2 2.3 0.4 3.9 0.5 -0.1 2.2 5.7 4.1 3.7
Memorandum
European Union		 2.2 2.4 2.8 3.0 2.9 3.7 1.8 1.2 1.2 2.5 2.1 2.5
Analytical groups
By source of export earning
Fuel 2.6 4.5 4.2 3.2 0.9 4.9 3.7 3.6 6.1 6.9 5.8 6.2
Nonfuel 4.0 5.3 5.3 3.0 4.3 5.9 4.2 4.8 6.4 7.2 6.3 6.0
of which primary products 3.2 3.4 3.7 2.8 1.3 1.9 2.9 2.9 3.1 5.4 4.8 5.3
By exernal financing source
Net debtor countries 3.5 4.1 4.6 2.1 2.9 4.4 2.6 3.2 4.9 6.0 5.3 5.2
of which, official financing 4.4 3.4 5.0 -0.5 1.0 3.2 2.2 1.5 5.2 5.9 4.5 5.2
Net debtor countries by debt-
servicing experience
Countries with arrears and/or
rescheduling during 1999-2003		 4.0 3.9 5.3 -0.5 1.7 3.6 2.9 2.1 5.8 6.3 5.8 5.8
Memorandom
Median growth rate
Advanced economies 3.1 3.0 3.8 3.6 3.8 4.2 1.7 1.9 1.9 3.2 2.8 2.8
other emerging market and
developing countries		 3.2 4.2 4.6 3.7 3.4 4.2 3.5 3.5 4.8 5.1 4.4 4.5
Output per capital 2.3 2.1 2.8 2.0 2.9 3.2 0.6 1.0 1.5 2.9 2.1 2.5
World growth based on market
exchange rates 		2.6 2.9 3.5 2.2 3.1 4.0 1.4 1.8 2.7 4.0 3.2 3.4
Value of world output in billions
of U.S. dollars
At market exchange rates 23,744 35,274 29,768 29,529 30,638 31,455 31,410 32,410 36,327 40,671 44,168 46,573
At purchaseing power parties 28,778 49,104 38,351 39,790 41,827 44,729 46,866 49,015 51,824 55,655 59,560 63,420

Source: World Development Indicators

  1. Real GDP.
  2. In this table,"other advanced economies" means advanced economies excluding the United States, euro area countries, and japan.
  3. Mongolia, which is not a member of the Commonwealth of Independent States, is included in this group for reasons of geography and similarities in economics structure.

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