2010 Country GDP Growth Estimates
Monday, December 14, 2009 at 05:05AM Below we highlight consensus 2010 GDP growth estimates for 28 countries (+Europe) based on Bloomberg's survey of economists. As shown, all but one country is expected to see GDP growth in 2010. Spain is the lone country expected to see a decline in GDP at -0.40%. China is expected to see the most growth by a wide margin at 9.40%. Indonesia and Singapore rank second and third as 5.55% and 5.50% respectively. The US is tied with Canada for the best GDP growth estimate (+2.6%) of the G-7 countries. European G-7 countries and Japan are expected to see growth in the 1%-1.5% range.
Our research shows that in the four quarters coming out of a recession, the US has averaged GDP growth of 5.4%. With a consensus estimate of +2.6%, economists are clearly expecting a weak recovery in the US. However, does anyone remember a time when economists weren't expecting a weak recovery?
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Reader Comments (6)
Never the less, good information, keep up the good work!
dont ignore us , we r coming to make changes , india is growing just big as china..!!
Hey, I am checking this site from my Blackberry and it looks kinda funky. Thought you’d want to know. It’s a great post though, didn’t mess that up
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