• OECD revised the forecast for world economic growth in 2017

Market news

28 November 2016

OECD revised the forecast for world economic growth in 2017

  • OECD has improved the outlook for global GDP growth for 2017 from 3.2% to 3.3%

  • The forecast for global GDP growth for 2016 remained unchanged at 2.9%

  • The forecast for US GDP growth in 2016 increased to 1.5% from 1.4%, and in 2017 - to 2.3% from 2.1%

  • The forecast for GDP growth in the euro area improved to 1.7% in 2016 from 1.5% and in 2017 - to 1.6% from 1.4%

  • The forecast for GDP growth in Japan for 2016 increased to 0.8% from 0.6%, and in 2017 - to 1.0% from 0.7%

  • The forecast for GDP growth in the UK increased to 2.0% in 2016 to 1.8% and in 2017 - to 1.2% from 1.0%

  • The forecast for China's GDP growth improved to 6.7% in 2016 to 6.5% and in 2017 - to 6.4% from 6.2%

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