The Citi “Global Economic Outlook and Strategy” report is out with forecasts out to 2018
The economists expect the global economy to expand by 3.1% this year and by 3.4% in 2015
US GDP Growth Forecast
2014: 2.8%
2015: 3.1%
2016: 3.2%
2017: 2.7%
2018: 2.2%
China GDP Growth Forecast
2014: 7.3%
2015: 7.0%
2016: 7.5%
2017: 7.3%
2018: 7.0%
India’s GDP Growth Forecast
2014: 5.6%
2015: 6.2%
2016: 6.6%
2017: 6.9%
2018: 7.0%
Indonesia is projected to average about 5.7% growth for each year 2014-2018.
South Korea is projected to average about 3.8% growth for each year 2014-2018.
Japan is projected to average about 1.1% growth for each year 2014-2018.
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