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Global growth: Nations that lead the race

Last updated on: January 24, 2013 07:56 IST

A view of Indonesia's Central Bank building in Jakarta.

China and India are still at the top among the fastest growing economies in the world. But growth for both is slowing down when comparing their projected growth to the historical three-year average, says a PricewaterhouseCoopers study.

India is struggling with domestic reforms and China's exports have been hit by slower demand from global trade partners.
The 2.4% annual growth rate in the US, the biggest economy, is accelerating but susceptible to disruption.

Here's a look the centres of opportunity in 2013, according to PricewaterhouseCoopers.

Three countries fall in the category of 'Growing and Accelerating'.

Indonesia

Average growth rate (2013-2015): 6.2%

Advanced economies projected to be smaller than emerging economies in 2013 for first time since reliable records began.

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Global growth: Nations that lead the race

Last updated on: January 24, 2013 07:56 IST

An image is projected on the towers of the National Congress during Culture Week in Brasilia.

Brazil

Average growth rate (2013-2015): 4%

Emerging economies will be in the 'driving seat' of global growth in 2013.

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Global growth: Nations that lead the race

Last updated on: January 24, 2013 07:56 IST

A man walks past the Johannesburg Stock Exchange building in Sandton.

South Africa

Average growth rate (2013-2015): 3.6%

South Africa is accelerating when compared to its historical three-year average growth rates.

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Global growth: Nations that lead the race

Last updated on: January 24, 2013 07:56 IST

China

Average growth rate (2013-2015): 7.3%

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Global growth: Nations that lead the race

Last updated on: January 24, 2013 07:56 IST

People ride their bicycles under overhead power cables, against the backdrop of multi-story residential apartments at Gurgaon.

India

Average growth rate (2013-2015): 6.6%

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Global growth: Nations that lead the race

Last updated on: January 24, 2013 07:56 IST

Saudi Arabia

Average growth rate (2013-2015): 4.2%

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Global growth: Nations that lead the race

Last updated on: January 24, 2013 07:56 IST

A general view of Levent financial district which comprises leading Turkish company headquarters and popular shopping malls, is seen from a highway in Istanbul.

Turkey

Average growth rate (2013-2015): 5.1%

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Global growth: Nations that lead the race

Last updated on: January 24, 2013 07:56 IST

People walk past a Lotte Shopping mall in Seoul.

South Korea

Average growth rate (2013-2015): 3.6%

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Global growth: Nations that lead the race

Last updated on: January 24, 2013 07:56 IST

Mexico

Average growth rate (2013-2015): 3.7%

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Global growth: Nations that lead the race

Last updated on: January 24, 2013 07:56 IST

A pedestrian walks past a window display at a shopping mall in central Moscow.

Russia

Average growth rate (2013-2015): 3.8%

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Global growth: Nations that lead the race

Last updated on: January 24, 2013 07:56 IST

Poland

Average growth rate (2013-2015): 3.4%

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Global growth: Nations that lead the race

Last updated on: January 24, 2013 07:56 IST

Australia

Average growth rate (2013-2015): 3.1%

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Global growth: Nations that lead the race

Last updated on: January 24, 2013 07:56 IST

Canada

Average growth rate (2013-2015): 2.3%

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Global growth: Nations that lead the race

Last updated on: January 24, 2013 07:56 IST

United States

Average growth rate (2013-2015): 2.4%

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Global growth: Nations that lead the race

Last updated on: January 24, 2013 07:56 IST

Germany

Average growth rate (2013-2015): 1.3%

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Global growth: Nations that lead the race

Last updated on: January 24, 2013 07:56 IST

France

Average growth rate (2013-2015): 1.2%

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Global growth: Nations that lead the race

Last updated on: January 24, 2013 07:56 IST

Japan

Average growth rate (2013-2015): 0.9%

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Global growth: Nations that lead the race

Last updated on: January 24, 2013 07:56 IST

United Kingdom

Average growth rate (2013-2015): 2.1%

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Global growth: Nations that lead the race

Last updated on: January 24, 2013 07:56 IST

The Netherlands

Average growth rate (2013-2015): 1.1%

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Global growth: Nations that lead the race

Last updated on: January 24, 2013 07:56 IST

Ireland

Average growth rate (2013-2015): 2.2%