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  • Table 1. Real GDP Growth: (Percent Change)

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    IMF has issued a declaration of censure and called on Argentina to adopt remedial measures to address the quality of the official GDP data. Alternative data sources have shown significantly lower real growth than the official data since 2008.

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    IMF table

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    IMF has issued a declaration of censure and called on Argentina to adopt remedial measures to address the quality of the official GDP data. Alternative data sources have shown significantly lower real growth than the official data since 2008.

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    13 views1 page

    Table 1. Real GDP Growth: (Percent Change)

    Uploaded by

    Antonio
    IMF has issued a declaration of censure and called on Argentina to adopt remedial measures to address the quality of the official GDP data. Alternative data sources have shown significantly lower real growth than the official data since 2008.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Table 1.

    Real GDP Growth


    (Percent change) Year over Year Projections (as of Jan. 2014) 2012 World 1/ Advanced economies Euro area Emerging market and developing countries 2/ Advanced G-20 Emerging G-20 G-20 3/ Argentina 4/ Australia Brazil Canada China France Germany India 5/ Indonesia Italy Japan Korea Mexico Russia Saudi Arabia South Africa T urkey United Kingdom United States European Union 3.1 1.4 -0.7 4.9 1.7 5.1 3.3 1.9 3.6 1.0 1.7 7.7 0.0 0.9 3.2 6.2 -2.5 1.4 2.0 3.7 3.4 5.8 2.5 2.2 0.3 2.8 -0.3 2013 3.0 1.3 -0.4 4.7 1.5 5.2 3.2 3.5 2.5 2.3 1.7 7.7 0.3 0.5 4.4 5.6 -1.8 1.7 2.8 1.2 1.5 3.8 1.8 4.1 1.7 1.9 0.1 2014 3.7 2.2 1.0 5.1 2.3 5.5 3.8 2.8 2.6 2.3 2.2 7.5 0.9 1.6 5.4 5.3 0.6 1.7 3.7 3.0 2.0 4.4 2.8 3.5 2.4 2.8 1.4 2015 3.9 2.3 1.4 5.4 2.3 5.7 3.9 2.8 2.7 2.8 2.4 7.3 1.5 1.4 6.4 5.8 1.1 1.0 3.8 3.5 2.5 4.2 3.3 3.7 2.2 3.0 1.7 Deviations (from Oct. 2013) 2014 0.1 0.2 0.1 0.0 0.2 0.1 0.1 0.1 -0.2 -0.2 0.1 0.3 0.0 0.2 0.2 -0.2 -0.1 0.4 0.0 0.0 -1.0 0.0 -0.1 0.0 0.6 0.2 0.2 2015 0.0 -0.2 0.1 0.1 -0.2 0.0 -0.1 0.1 -0.3 -0.4 -0.1 0.2 0.0 0.1 0.1 -0.2 0.1 -0.2 -0.2 0.0 -1.0 -0.1 0.0 -0.6 0.2 -0.4 0.1

    Source: IMF, World Economic Outlook January 2014. 1/ The quarterly estimates and projections account for 90 percent of the world purchasing-power-parity weights. 2/ The quarterly estimates and projections account for approximately 80 percent of the emerging market and developing countries. 3/ G-20 aggregations exclude European Union. 4/ The data for Argentina are officially reported data. The IMF has, however, issued a declaration of censure and called on Argentina to adopt remedial measures to address the quality of the official GDP data. Alternative data sources have shown significantly lower real growth than the official data since 2008. In this context, the IMF is also using alternative estimates of GDP growth for the surveillance of macroeconomic developments in Argentina. 5/ Real GDP growth numbers are presented on a fiscal year basis and based on GDP at market prices. Corresponding growth forecasts for GDP at factor cost are 5.0, 4.6, 5.4, and 6.4 percent for 2012, 2013, 2014, and 2015, respectively.

    10

    INTERNATIONAL MONETARY FUND

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