Jan 28 (Reuters) - The International Monetary Fund on Wednesday issued the following economic growth forecasts as part of its World Economic Outlook, updating projections released in November 2008.
Forecasts are annual inflation-adjusted percentage changes unless otherwise noted.
Changes from November
Latest projections (percentage
projections point changes) ---------------------------------------------------------------------
2007 2008 2009 2010 2009 2010 --------------------------------------------------------------------- World output 5.2 3.4 0.5 3.0 -1.7 -0.8 Advanced economies 2.7 1.0 -2.0 1.1 -1.7 -0.5 United States 2.0 1.1 -1.6 1.6 -0.9 0.1 Euro area 2.6 1.0 -2.0 0.2 -1.5 -0.7 Germany 2.5 1.3 -2.5 0.1 -1.7 -0.4 France 2.2 0.8 -1.9 0.7 -1.4 -0.8 Italy 1.5 -0.6 -2.1 -0.1 -1.5 -0.1 Spain 3.7 1.2 -1.7 -0.1 -1.0 -0.9 Japan 2.4 -0.3 -2.6 0.6 -2.4 -0.5 United Kingdom 3.0 0.7 -2.8 0.2 -1.5 -0.9 Canada 2.7 0.6 -1.2 1.6 -1.5 -1.4 Other advanced economies 4.6 1.9 -2.4 2.2 -3.9 -1.0 Newly industralized Asian economies 5.6 2.1 -3.9 3.1 -6.0 -1.1 Emerging market and developing economies 8.3 6.3 3.3 5.0 -1.8 -1.2 Africa 6.2 5.2 3.4 4.9 -1.4 -0.5
Sub-Sahara 6.9 5.4 3.5 5.0 -1.6 -0.7 Central and eastern Europe 5.4 3.2 -0.4 2.5 -2.6 -1.3 Commonwealth of Independent States 8.6 6.0 -0.4 2.2 -3.6 -2.3
Russia 8.1 6.2 -0.7 1.3 -4.2 -3.2
Excluding Russia 9.7 5.4 0.3 4.4 -1.3 -0.3 Developing Asia 10.6 7.8 5.5 6.9 -1.6 -1.1
China 13.0 9.0 6.7 8.0 -1.8 -1.5
India 9.3 7.3 5.1 6.5 -1.2 -0.3
ASEAN-5 6.3 5.4 2.7 4.1 -1.5 -1.3 Middle East 6.4 6.1 3.9 4.7 -1.5 -0.6 Western Hemisphere 5.7 4.6 1.1 3.0 -1.4 -1.0
Brazil 5.7 5.8 1.8 3.5 -1.2 -1.0
Mexico 3.2 1.8 -0.3 2.1 -1.2 -1.4