IMF forecasts for global growth

The International Monetary Fund sees global growth at a tepid 3.5 percent this year, unchanged from its January forecast, but expects a greater contribution from the rebounding economies of Europe and Japan while emerging market economies sag.

The International Monetary Fund sees global growth at a tepid 3.5 percent this year, unchanged from its January forecast, but expects a greater contribution from the rebounding economies of Europe and Japan while emerging market economies sag. 

Here are the new growth forecasts for selected regions and countries in the IMF`s latest World Economic Outlook report, with the change in percentage points from the January outlook in parentheses.

Country/region 2015 2016

World 3.5 (0.0) 3.8 (0.1)

Advanced economies 2.4 (0.0) 2.4 (0.0)

United States 3.1 (-0.5) 3.1 (-0.2)

Eurozone 1.5 (0.3) 1.6 (0.2)

Germany 1.6 (0.3) 1.7 (0.2)

France 1.2 (0.3) 1.5 (0.2)

Italy 0.5 (0.1) 1.1 (0.3)

Spain 2.5 (0.5) 2.0 (0.2)

Japan 1.0 (0.4) 1.2 (0.4)

Britain 2.7 (0.0) 2.3 (-0.1)

Canada 2.2 (-0.1) 2.0 (-0.1)

Emerging & developing economies

4.3 (0.0) 4.7 (0.0)

Commonwealth of Independent States

-2.6 (-1.2) 0.3 (-0.5)

Russia -3.8 (-0.8) -1.1 (-0.1)

Emerging & developing Asia 6.6 (0.2) 6.4 (0.2)

China 6.8 (0.0) 6.3 (0.0)

India 7.5 (1.2) 7.5 (1.0)

Latin America & Caribbean 0.9 (-0.4) 2.0 (-0.3)

Brazil -1.0 (-1.3) 1.0 (-0.5)

Mexico 3.0 (-0.2) 3.3 (-0.2)

Middle East, North Africa,

Afghanistan, Pakistan 2.9 (-0.4) 3.8 (-0.1)

Sub-Saharan Africa 4.5 (-0.4) 5.1 (-0.1)

South Africa 2.0 (-0.1) 2.1 (-0.4)

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