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The Rise of Motorcycles: A Driver of Global Economic Growth

31/01/2017 19:19 WIB

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Economic Growth of Emerging Market and Developing Economies, Developed Economies, and the World 2014-2019

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Economic Growth of Emerging Market and Developing Economies, Developed Economies, and the World 2014-2019

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Emerging market and developing economies (EMDEs) remained the engine of global growth in 2017. The World Bank, in its January 2017 release, projected that EMDE economic growth would reach 4.2 percent, higher than the previous year's 3.4 percent. This projection was only 0.1 percent lower than the previous prediction.

Meanwhile, the economies of developed countries were predicted to grow only 1.8 percent in 2017, and the global economy 2.7 percent. In 2018, emerging market economies were expected to grow again by 4.6 percent. This is higher than the projected growth of developed economies, which was predicted to remain at 1.8 percent in 2018, while the global economy was projected to grow by 2.9 percent.

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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The Rise of Motorcycles: A Driver of Global Economic Growth

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The Rise of Motorcycles: A Driver of Global Economic Growth

Tags

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China's Economic Growth Under Xi Jinping's Leadership

Venezuela's Economic Growth Under Maduro's Leadership

IMF and World Bank Predict Indonesian Economy Stable in 2026

World Bank Projects Indonesia's Economy to Grow Around 5% Until 2027

History of Indonesia's Forestry Sector Contribution to GDP 2015-2024

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Latest Data Stories

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