Among the major advanced economies, the
recovery will continue in the United States, which is projected to grow by 2.1%
in 2017 and 2.4% in 2018. The euro area will see steady growth at 1.8% in 2017
and 2018. In Japan, growth is projected at 1.4% in 2017 and 1% in 2018. The
35-country OECD area is projected to grow by 2.1% in both 2017 and 2018,
according to the Outlook.
In China, growth is expected to slow to 6.6% in 2017 and 6.4% in 2018, while India’s growth rates are expected to strengthen to 7.3% this year and 7.7% in 2018. Growth in Brazil is expected to turn positive for 2017 before reaching 1.6% in 2018.
In China, growth is expected to slow to 6.6% in 2017 and 6.4% in 2018, while India’s growth rates are expected to strengthen to 7.3% this year and 7.7% in 2018. Growth in Brazil is expected to turn positive for 2017 before reaching 1.6% in 2018.
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