World GDP

摘要

The Great Recession is receding, according to our measure of global GDP, based on data from 52 countries. World output fell by 1.2% in the year to the thi rd quarter, around half the rate of decline recorded in the yearto the second quarter. In most of the countries that have published third-quarterfigures,GDP was lower than a year earlier. The exceptions were mostly in Asia: China and India recorded the fastest growth, followed by Indonesia. Only one European country, Poland, reported higher GDP in the third quarter than a year earlier. But some of the world's most troubled economies are in eastern Europe. The three Baltic countries-Estonia, Latvia and Lithuania-suffered the biggest falls in GDP.