Advanced economies are slowing down and the euro area appears to be in a mild recession. Concerns about sovereign debt sustainability in the European monetary union are becoming increasingly widespread.
Meanwhile, emerging economies are still growing at a healthy pace, but their growth rates are also moderating.
In these countries falls in commodity prices and the slower global growth have started to mitigate inflationary pressures.
More recently, international trade growth has weakened significantly.
Contrary to what was expected earlier this year, the global economy is not out of the woods.
Let us take a look at 25 countries, including India, and see what the GDP projections are for 2012 and 2013, based on Organisation for Economic Co-operation and Development forecast.
Click NEXT to see India's projections...
India
Annual real GDP growth (2010): 9.9
Annual real GDP growth (2011): 7.7
Annual real GDP growth (2012): 7.2
Annual real GDP growth (2013): 8.2
Click NEXT to see China's projections...
China
Annual real GDP growth (2010): 10.4
Annual real GDP growth (2011): 9.3
Annual real GDP growth (2012): 8.5
Annual real GDP growth (2013): 9.5
Click NEXT to see Brazil's projections...
Brazil
Annual real GDP growth (2010): 7.5
Annual real GDP growth (2011): 3.4
Annual real GDP growth (2012): 3.2
Annual real GDP growth (2013): 3.9
Click NEXT to see Russia's projections...
Russia
Annual real GDP growth (2010): 4.0
Annual real GDP growth (2011): 4.0
Annual real GDP growth (2012): 4.1
Annual real GDP growth (2013): 4.1
Click NEXT to see Indonesia's projections...
Indonesia
Annual real GDP growth (2010): 6.1
Annual real GDP growth (2011): 6.3
Annual real GDP growth (2012): 6.1
Annual real GDP growth (2013): 6.5
Click NEXT to see rest of the countries...
Chile
Annual real GDP growth (2010): 5.1
Annual real GDP growth (2011): 6.6
Annual real GDP growth (2012): 4.0
Annual real GDP growth (2013): 4.7
...
Turkey
Annual real GDP growth (2010): 9.0
Annual real GDP growth (2011): 7.4
Annual real GDP growth (2012): 3.0
Annual real GDP growth (2013): 4.5
...
Estonia
Annual real GDP growth (2010): 2.3
Annual real GDP growth (2011): 8.0
Annual real GDP growth (2012): 3.2
Annual real GDP growth (2013): 4.4
...
South Korea
Annual real GDP growth (2010): 6.2
Annual real GDP growth (2011): 3.7
Annual real GDP growth (2012): 3.8
Annual real GDP growth (2013): 4.3
...
Israel
Annual real GDP growth (2010): 4.8
Annual real GDP growth (2011): 4.7
Annual real GDP growth (2012): 2.9
Annual real GDP growth (2013): 3.9
...
Slovakia
Annual real GDP growth (2010): 4.2
Annual real GDP growth (2011): 3.0
Annual real GDP growth (2012): 1.8
Annual real GDP growth (2013): 3.6
...
Mexico
Annual real GDP growth (2010): 5.4
Annual real GDP growth (2011): 4.0
Annual real GDP growth (2012): 3.3
Annual real GDP growth (2013): 3.6
...
Australia
Annual real GDP growth (2010): 2.5
Annual real GDP growth (2011): 1.8
Annual real GDP growth (2012): 4.0
Annual real GDP growth (2013): 3.2
...
Czech Republic
Annual real GDP growth (2010): 2.7
Annual real GDP growth (2011): 2.1
Annual real GDP growth (2012): 1.6
Annual real GDP growth (2013): 3.0
...
Norway
Annual real GDP growth (2010): 0.3
Annual real GDP growth (2011): 1.5
Annual real GDP growth (2012): 2.0
Annual real GDP growth (2013): 2.7
...
The United States
Annual real GDP growth (2010): 3.0
Annual real GDP growth (2011): 1.7
Annual real GDP growth (2012): 2.0
Annual real GDP growth (2013): 2.5
...
Canada
Annual real GDP growth (2010): 3.2
Annual real GDP growth (2011): 2.2
Annual real GDP growth (2012): 1.9
Annual real GDP growth (2013): 2.5
...
Poland
Annual real GDP growth (2010): 3.8
Annual real GDP growth (2011): 4.2
Annual real GDP growth (2012): 2.5
Annual real GDP growth (2013): 2.5
...
Ireland
Annual real GDP growth (2010): -0.4
Annual real GDP growth (2011): 1.2
Annual real GDP growth (2012): 1.0
Annual real GDP growth (2013): 2.4
...
Sweden
Annual real GDP growth (2010): 5.4
Annual real GDP growth (2011): 4.1
Annual real GDP growth (2012): 1.3
Annual real GDP growth (2013): 2.3
...
Luxembourg
Annual real GDP growth (2010): 2.7
Annual real GDP growth (2011): 2.0
Annual real GDP growth (2012): 0.4
Annual real GDP growth (2013): 2.2
...
Switzerland
Annual real GDP growth (2010): 2.7
Annual real GDP growth (2011): 1.8
Annual real GDP growth (2012): 0.8
Annual real GDP growth (2013): 1.9
...
Germany
Annual real GDP growth (2010): 3.6
Annual real GDP growth (2011): 3.0
Annual real GDP growth (2012): 0.6
Annual real GDP growth (2013): 1.9
...
The United Kingdom
Annual real GDP growth (2010): 1.8
Annual real GDP growth (2011): 0.9
Annual real GDP growth (2012): 0.5
Annual real GDP growth (2013): 1.8
...
Austria
Annual real GDP growth (2010): 2.4
Annual real GDP growth (2011): 3.2
Annual real GDP growth (2012): 0.6
Annual real GDP growth (2013): 1.8
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