January 18, 2012—Developing countries should prepare for further downside risks, as Euro Area debt problems and weakening growth in several big emerging economies are dimming global growth prospects, says the World Bank in the newly-released Global Economic Prospects (GEP) 2012.

The Bank has lowered its growth forecast for 2012 to 5.4 percent for developing countries and 1.4 percent for high-income countries (-0.3 percent for the Euro Area), down from its June estimates of 6.2 and 2.7 percent (1.9 percent for the Euro Area), respectively. Global growth is now projected at 2.5 and 3.1 [1] percent for 2012 and 2013, respectively. More Report Highlights »

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Executive Summary

English | 中文 | Español | Français | Русский

Topical Appendices

Industrial Production | Financial Markets | Trade | Commodity Markets | Inflation

Regional Appendices

East Asia and Pacific:
Summary: (EN, 中文) | Full Text (EN) | Video

Europe and Central Asia:
Summary: EN | Full Text (EN) | Video

Latin American and the Caribbean:
Summary: (En, Español) | Full Text (EN) | Video

Middle East and North Africa:
Summary: (EN, عربي, Français) | Full Text (EN) | Video

South Asia:
Summary: EN | Full Text (EN) | Video

Sub-Saharan Africa:
Summary: (EN, Français) | Full Text (EN) | Video