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Global Economic Prospects 2011

GEP 2011 June image

Washington, DC, June 7, 2011—The financial crisis for most developing countries is over. Efforts must now focus on tackling country-specific challenges such as achieving balanced growth through structural reforms, coping with inflationary pressures, and dealing with high commodity prices  ...  More 

The financial crisis for most developing countries is over

The global financial crisis is no longer the major force dictating the pace of economic activity in developing countries. Most developing countries have, or are close to having, regained full-capacity activity levels. As a result, country-specific productivity and sectoral factors are now the dominant factors supporting growth ...  More

Strong global growth from 2011 to 2013

Global GDP is expected to grow 3.2 percent in 2011 before edging up to 3.6 percent in 2012. The earthquake and tsunami in Japan and the political turmoil in the Middle-East and North Africa have contributed to a modest slowing in global industrial production ...  More

Global outlook summary table

This table summarizes the forecast. More detailed regional and country information is available here.

Challenges to the global economy

Although solid growth led by developing-countries is the most likely outcome going forward, high food prices, possible additional oil-price spikes, and lingering post-crisis difficulties in high-income countries pose downside risks ...  More 

Concluding remarks

The recovery from the unprecedented global recession that followed the September 2008 financial crisis has gathered strength, and, despite significant tensions and hurdles ahead, appears likely to continue to mature over the coming three years ...  More 

Regional appendix

East Asia and the Pacific
Europe and Central Asia
Latin America and the Caribbean
Middle East and North Africa
South Asia
Sub-Saharan Africa 

Topical appendix

Industrial production
Trade
Financial markets
Global commodity markets
Inflation 

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Permanent URL for this page: http://go.worldbank.org/PF6VWYXS10

Report

Complete report: English
Main analysis: English | 中文 | Español | Français
Topical Appendix (English only)Complete Appendix: Industrial production | Financial markets | Trade | Commodity markets | Inflation

Regional appendix:
East Asia and the Pacific: English | 中文 | Français
Europe and Central Asia: English
Latin America and the Caribbean: English | Español
Middle East and North Africa: English | Français
South Asia: English
Sub-Saharan Africa: English |
Français

Live Q/A on Global Economic Prospects 2011 with Andrew Burns, June 9, 2011, 10:00 am EST

Multimedia

Press release | Author Interview | GEP 2011 blog

Global Economic Prospects 2011

Previous editions of Global Economic Prospects reports

Forecast summary, 2011-2013

Annual percent change, unless indicated otherwise.

Source: World Bank.