Publications | Economic Analysis and Policy Division

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08 February 2015

World Economic Situation and Prospects 2015

Global economic growth is forecast to increase marginally over the next two years at 3.1 per cent in 2015 and 3.3 per cent in 2016, compared with an estimated growth of 2.6 per cent for 2014. An expected US interest rate increase, remaining euro area fragility, a further slowdown in developing economies and geopolitical conflicts pose major concerns for the global economic outlook. Executive Summary: عربي, 汉语, English, Français, Русский, Español Infographic Table of Contents Chapter I Chapter II Chapter III Chapter IV Download full report Statistical Annex World Economic Situation and Prospects 2015

21 May 2014

World Economic Situation and Prospects 2014

The World Economic Situation and Prospects 2014 reports that the global economy is improving but remains vulnerable to new and old headwinds. Global economic growth is forecast to accelerate from a sluggish 2.1 per cent in 2013 to 3.0 per cent in 2014 and 3.3 per cent in 2015. The report warns of the risks associated with the upcoming unwinding of quantitative easing programs in major developed economies. Download Full report Sales No. E.14.II.C.2
ISBN: 978-92-1-109168-7 Executive Summary:
عربي, 汉语, English, Français, Русский, Español Table of Contents Chapter I Chapter II Chapter III Chapter IV Statistical Annex Buy copy from UN Publications World Economic Situation and Prospects 2014

18 December 2013

World Economic Situation and Prospects 2013

The World Economic Situation and Prospects 2013 presents a post-crisis world economy still struggling with continued weakening growth of 2.2 per cent in 2012. It projects disappointing global growth of 2.4 per cent in 2013 and 3.2 per cent in 2014 in the face of major uncertainties and downside risks. A much slower pace of poverty reduction is predicted in many developing countries and narrowing fiscal space for investments in the many critical areas needed for achieving the Millennium Development Goals. The World Economic Situation and Prospects 2013 calls for more forceful and concerted policy action at the global level, identifying fiscal and employment policies, financial market… World Economic Situation and Prospects 2013

14 January 2012

World Economic Situation and Prospects 2012

The World Economic Situation and Prospects 2012 cautions that the world economy is on the brink of another major downturn. Global economic growth started to decelerate on a broad front in mid-2011 and is estimated to have averaged 2.8 per cent over the last year. This economic slowdown is expected to continue into 2012 and 2013. The United Nations baseline forecast for the growth of world gross product (WGP) is 2.6 per cent for 2012 and 3.2 per cent for 2013, which is below the pre-crisis pace of global growth. Sales No. E.12.II.C.2
ISBN: 978-92-1-109164-9 Executive Summary:
عربي, 汉语, English, Français, Русский, Español Download Full report in English Table of Contents Chapter I… World Economic Situation and Prospects 2012

05 January 2011

World Economic Situation and Prospects 2011

After a year of fragile and uneven recovery, global economic growth started to decelerate on a broad front in mid-2010 and this slower growth is expected to continue into 2011 and 2012. The United Nations baseline forecast for the growth of world gross product (WGP) is 3.1 per cent for 2011 and 3.5 per cent for 2012, which is below the 3.6 per cent estimated for 2010 and the pre-crisis pace of global growth. Weaknesses in major developed economies continue to drag the global recovery and pose risks for world economic stability in the coming years. Sales No. E.11.II.C.2
ISBN 978-92-1-109162-5 Download Full report in English Table of Contents Chapter I Chapter II Chapter III Chapter IV… World Economic Situation and Prospects 2011

14 January 2010

World Economic Situation and Prospects 2010

The World Economic Situation and Prospects 2010 cautions that although the world economy is on the mend, the recovery is uneven and conditions for sustained growth remain fragile. The risk of a double-dip recession remains. The report also highlights a number of risks and uncertainties to the outlook, including a premature exit from the stimulus measures and a hard landing of the dollar due to the renewed widening of the global imbalances. In terms of policy measures, the report recommends continued fiscal stimulus measures in the short run, a continued focus on the rebalancing of economic growth in a number of respects, better policy coordination, strengthened global governance and more… World Economic Situation and Prospects 2010

01 December 2009

World Economic Situation and Prospects 2009

The World Economic Situation and Prospects 2009 discusses the root causes of the financial and economic crisis that is rapidly deepening and spreading around the world and labels this as "a story foretold" since previous issues of the World Economic Situation and Prospects warned for the mounting risks of a global crisis well ahead of its occurrence. The report discusses how developing countries are being affected through trade and financial channels. By end-2008, the crisis intensified. To put an end to the ensuing fire sale in asset markets, free fall in global trade and fallout in global aggregate demand, the report calls for massive, globally-coordinated monetary and fiscal stimuli and… World Economic Situation and Prospects 2009

14 January 2008

World Economic Situation and Prospects 2008

The World Economic Situation and Prospects 2008 highlights the risk of a recession in the United States and a hard landing of the global economy as a whole. The combination of a deep housing slump in the United States, continuous devaluation of the United States dollar and related increased financial turmoil could trigger an abrupt adjustment of the global imbalances, which would not only send the economy of the United States into a recession, but would also lead to a hard landing for the global economy as a whole. Lessons need to be learned from the recent financial turmoil to reduce vulnerabilities to future financial stress. Responses by the central banks of the major economies have… World Economic Situation and Prospects 2008

01 August 2007

World Economic Situation and Prospects 2007

The World Economic Situation and Prospects 2007 singles out the possibility of a more severe downturn in the United States' housing markets as the key risk for the global economy. A number of economies have witnessed substantial appreciation of house prices over the past decade, and the associated wealth effects have contributed to relatively strong economic growth rates. A reversal of the process may thus lead to significant negative fallout for world economic growth. The risks associated with the housing sector are serious also because of the inextricable linkage between the increase in house prices and global imbalances. The housing booms in countries running large external deficits are… World Economic Situation and Prospects 2007

14 January 2006

World Economic Situation and Prospects 2006

The world economy is expected to continue to grow at a rate of 3 per cent during 2006. The United States economy remains the main engine of global economic growth, but the growth of China, India and a few other large developing economies is becoming increasingly important. On average, developing economies are expected to expand at a rate of 5.6 per cent and the economies in transition at 5.9 per cent, despite the fact that these economies may face larger challenges during 2006. Driven by higher oil prices, inflation rates have edged up worldwide. Core inflation rates, which exclude the prices of energy and food, have been more stable, indicating that the pass-through of higher oil prices to… World Economic Situation and Prospects 2006