Global Economic projections March 1999

Global economic projections
Rank			Average performance	Economic performance		Expected change	GNP growth
Mar 99	Sept 98		1999-2000	1999	2000	1999-2000	1999	2000
1	5	Ireland	82.68	82.64	82.73	0.09	6.4	6.5
2	6	Netherlands	82.25	81.64	82.86	1.21	2.6	2.8
3	7	Finland	82.21	82.08	82.33	0.25	3.3	3.1
4	16	Canada	81.31	81.85	80.77	-1.08	2.4	2.4
5	1	Luxembourg	81.29	81.71	80.86	-0.86	3.4	3.2
6	20	Australia	81.05	80.55	81.55	1.00	2.6	3.0
7	3	United States	80.90	81.71	80.10	-1.62	2.5	2.1
8	11	France	79.44	78.12	80.76	2.65	2.3	2.6
9	12	Sweden	79.00	78.82	79.18	0.36	2.3	2.4
10	10	Denmark	78.81	77.69	79.92	2.23	1.7	2.1
11	2	Norway	78.49	78.18	78.80	0.62	1.5	1.8
12	–	Brunei	78.00	78.00	78.00	0.00	–	–
13	8	Germany	77.56	75.50	79.63	4.13	2.0	2.4
14	22	New Zealand	77.17	76.33	78.00	1.67	2.0	3.0
15	15	Spain	77.03	76.53	77.53	1.00	3.3	3.3
16	4	Austria	76.88	74.38	79.38	5.00	2.4	2.6
17	13	Switzerland	76.42	75.85	77.00	1.15	1.5	1.8
18	18	Belgium	76.00	74.86	77.14	2.29	2.2	2.5
19	14	Portugal	75.24	75.33	75.15	-0.18	3.4	3.1
20	19	Italy	73.53	72.13	74.94	2.81	2.0	2.4
21	21	United Kingdom	72.34	70.63	74.06	3.44	1.3	1.9
22	23	Taiwan	71.42	68.08	74.75	6.67	4.0	4.7
23	28	Greece	70.90	69.90	71.90	2.00	3.2	3.1
24	30	United Arab Emirates	70.50	72.00	69.00	-3.00	0.4	2.3
25	–	Bermuda	67.50	75.00	60.00	-15.00	–	–
26	38	Bahrain	66.25	65.00	67.50	2.50	0.4	1.6
27	17	Iceland	66.00	66.00	66.00	0.00	4.1	3.2
28	40	Panama	65.67	67.33	64.00	-3.33	3.7	3.5
29	26	Poland	65.51	64.58	66.44	1.86	4.4	4.6
30	29	Hungary	65.37	63.36	67.38	4.01	4.0	4.2
31	24	Singapore	65.03	62.50	67.56	5.06	0.7	3.0
32	78	Bahamas	65.00	70.00	60.00	-10.00	4.0	3.0
33	34	Slovenia	64.60	64.00	65.20	1.20	3.4	3.5
34	9	Malta	63.88	63.25	64.50	1.25	3.8	5.0
35	41	China	63.71	64.50	62.93	-1.57	6.6	6.3
36	60	South Korea	62.99	58.14	67.85	9.70	0.5	3.3
37	121	Syria	62.25	55.50	69.00	13.50	1.2	2.6
38	27	Cyprus	62.03	61.80	62.25	0.45	3.5	4.0
39	73	Fiji	61.00	60.00	62.00	2.00	-1.5	2.0
40	42	Hong Kong	60.87	57.27	64.47	7.20	-1.0	1.8
41	–	Antigua & Barbuda	60.00	70.00	50.00	-20.00	–	–
42	133	Barbados	60.00	70.00	50.00	-20.00	4.0	4.0
43	36	Czech Republic	59.82	58.64	61.00	2.36	0.3	1.9
44	47	Jordan	59.25	56.00	62.50	6.50	2.2	2.8
45	43	Israel	59.12	58.83	59.40	0.57	1.7	2.9
46	35	Chile	58.96	56.42	61.50	5.08	1.9	3.9
47	53	Qatar	58.83	57.67	60.00	2.33	3.1	5.4
48	45	Japan	58.81	59.69	57.93	-1.75	-0.6	0.6
49	49	Mexico	58.25	57.42	59.09	1.67	2.6	3.5
50	52	Philippines	58.18	55.91	60.45	4.55	1.8	3.5
51	25	Botswana	58.13	60.50	55.75	-4.75	5.5	6.3
52	94	Guyana	58.00	58.00	58.00	0.00	3.4	3.8
53	48	Saudi Arabia	57.83	56.67	59.00	2.33	0.1	1.7
54	44	Estonia	57.83	57.22	58.43	1.21	3.4	4.4
55	69	Croatia	57.65	56.80	58.50	1.70	4.3	4.1
56	138	FYR Macedonia	56.25	52.50	60.00	7.50	4.0	4.0
57	62	Latvia	56.10	55.63	56.57	0.95	3.9	4.0
58	87	Surinam	56.00	56.00	56.00	0.00	1.8	2.0
59	56	Dominican Republic	55.75	57.83	53.67	-4.17	7.0	6.2
60	83	Thailand	55.75	53.00	58.50	5.50	-0.1	2.7
61	39	Trinidad & Tobago	55.75	59.50	52.00	-7.50	3.8	4.1
62	85	Gambia	55.00	55.00	55.00	0.00	2.0	2.0
63	57	Oman	55.00	55.00	55.00	0.00	0.9	2.9
64	58	Lithuania	54.79	53.88	55.71	1.84	4.1	4.5
65	51	Egypt	54.27	53.88	54.67	0.79	5.1	5.3
66	74	Slovak Republic	53.96	52.75	55.17	2.42	2.8	3.1
67	31	Kuwait	53.50	54.00	53.00	-1.00	-0.8	1.5
68	113	Yemen	53.00	47.00	59.00	12.00	2.2	3.5
69	33	Uruguay	52.92	49.33	56.50	7.17	1.7	3.6
70	88	Mali	52.75	50.50	55.00	4.50	3.5	2.0
71	96	Togo	52.75	48.50	57.00	8.50	3.5	3.0
72	46	Argentina	52.71	48.75	56.67	7.92	0.2	3.2
73	65	India	52.56	52.13	53.00	0.88	4.3	4.7
74	81	Malaysia	52.36	51.00	53.71	2.71	-0.8	1.2
75	55	Peru	52.01	49.88	54.14	4.27	2.6	4.7
76	37	Costa Rica	52.00	52.00	52.00	0.00	4.2	4.7
77	84	Papua New Guinea	52.00	51.67	52.33	0.67	3.1	3.8
78	67	Turkey	51.43	49.67	53.20	3.53	3.0	4.2
79	77	Bolivia	51.33	49.00	53.67	4.67	4.5	4.8
80	50	Tunisia	51.33	51.50	51.17	-0.33	4.7	5.5
81	91	Kyrghystan	51.25	47.50	55.00	7.50	6.0	8.0
82	101	Guinea	50.75	46.50	55.00	8.50	3.6	3.8
83	61	Morocco	50.60	51.38	49.83	-1.54	4.5	5.0
84	102	Burkina Faso	50.25	49.50	51.00	1.50	4.0	3.0
85	79	Sri Lanka	49.58	49.67	49.50	-0.17	2.9	4.5
86	63	Guatemala	49.50	49.50	49.50	0.00	4.2	4.4
87	72	South Africa	48.85	46.75	50.94	4.19	1.2	2.7
88	116	Libya	48.75	47.50	50.00	2.50	0.7	1.8
89	104	Uzhbekistan	48.75	47.50	50.00	2.50	1.8	2.5
90	32	Namibia	48.13	47.50	48.75	1.25	2.5	3.5
91	114	Haiti	47.75	51.50	44.00	-7.50	2.0	3.0
92	59	Uganda	47.63	49.50	45.75	-3.75	5.8	6.3
93	109	Azerbaijan	47.58	44.67	50.50	5.83	6.0	5.0
94	92	Côte d’Ivoire	47.25	46.00	48.50	2.50	5.9	6.4
95	90	Bangladesh	46.75	45.50	48.00	2.50	4.8	5.8
96	118	Iran	46.75	39.50	54.00	14.50	0.4	1.6
97	112	Algeria	46.50	45.33	47.67	2.33	2.2	3.1
98	54	El Salvador	46.50	49.00	44.00	-5.00	3.0	3.7
99	71	Senegal	46.42	46.83	46.00	-0.83	4.8	4.5
100	103	Lebanon	46.33	46.67	46.00	-0.67	3.0	3.7
101	68	Colombia	46.31	43.69	48.92	5.23	1.3	2.7
102	66	Gabon	46.25	44.50	48.00	3.50	2.4	3.3
103	111	Bulgaria	45.58	45.00	46.17	1.17	2.5	2.9
104	122	Niger	45.25	39.50	51.00	11.50	2.0	1.0
105	86	Kazakhstan	45.00	45.00	45.00	0.00	0.5	2.0
106	145	Sudan	44.50	33.00	56.00	23.00	1.0	3.0
107	106	Georgia	43.75	41.50	46.00	4.50	2.5	4.0
108	110	Mongolia	43.00	43.00	43.00	0.00	–	–
109	142	Congo	42.75	35.50	50.00	14.50	3.5	3.8
110	98	Vietnam	42.58	40.33	44.83	4.50	4.6	4.7
111	135	Turkmenistan	42.50	40.00	45.00	5.00	1.3	3.5
112	124	Indonesia	42.30	38.93	45.67	6.74	-3.9	1.6
113	100	Honduras	41.50	41.50	41.50	0.00	2.4	3.9
114	107	Cameroon	41.46	37.67	45.25	7.58	3.5	4.0
115	75	Paraguay	41.33	39.67	43.00	3.33	1.6	2.0
116	128	Mozambique	41.04	38.83	43.25	4.42	7.7	6.0
117	97	Tanzania	40.75	39.50	42.00	2.50	4.0	4.3
118	134	Nepal	40.00	40.00	40.00	0.00	3.9	4.0
119	132	Pakistan	39.93	39.43	40.43	1.00	1.1	3.2
120	89	Venezuela	39.88	36.35	43.42	7.07	-1.8	1.8
121	108	Kenya	39.54	38.33	40.75	2.42	2.3	3.7
122	115	Nigeria	38.83	37.40	40.25	2.85	2.5	3.0
123	76	Brazil	38.08	32.83	43.33	10.50	-3.4	1.5
124	95	Ghana	37.96	37.75	38.17	0.42	4.7	4.9
125	80	Jamaica	37.75	40.17	35.33	-4.83	-1.5	-0.2
126	105	Zambia	37.25	36.50	38.00	1.50	2.6	4.0
127	119	Romania	36.99	36.14	37.83	1.69	-1.8	1.6
128	64	Ethiopia	36.88	36.25	37.50	1.25	5.3	6.3
129	120	Myanmar	36.50	36.50	36.50	0.00	2.0	2.5
130	123	Madagascar	36.17	35.33	37.00	1.67	3.7	3.5
131	140	Guinea-Bissau	36.00	36.00	36.00	0.00	1.0	1.0
132	82	Ecuador	35.98	33.17	38.80	5.63	0.7	2.5
133	130	Cuba	35.88	35.25	36.50	1.25	2.5	3.0
134	147	Angola	35.00	30.00	40.00	10.00	4.4	4.8
135	–	Cambodia	35.00	30.00	40.00	10.00	2.0	4.0
136	131	Albania	33.83	35.67	32.00	-3.67	7.0	8.0
137	129	Ukraine	33.11	32.71	33.50	0.79	-1.0	0.9
138	127	Malawi	32.38	31.75	33.00	1.25	3.5	4.3
139	139	Moldova	32.00	33.00	31.00	-2.00	-5.0	-2.0
140	117	Zimbabwe	31.71	32.67	30.75	-1.92	1.8	3.7
141	–	Mauritius	31.25	30.00	32.50	2.50	4.8	5.0
142	151	Tajikistan	31.25	32.50	30.00	-2.50	2.9	4.0
143	141	Yugoslavia	31.08	33.67	28.50	-5.17	3.7	2.9
144	144	Iraq	30.25	23.50	37.00	13.50	7.6	7.1
145	137	Belarus	30.13	30.25	30.00	-0.25	3.7	1.6
146	149	Somalia	29.00	29.00	29.00	0.00	1.0	1.0
147	125	Russia	28.32	26.75	29.89	3.14	-6.5	-2.1
148	150	Nicaragua	25.50	25.50	25.50	0.00	3.7	4.7
149	152	Liberia	21.00	21.00	21.00	0.00	2.0	3.0
150	–	Mauritania	18.75	17.50	20.00	2.50	2.4	2.5

If you have any comments about the country risk survey, please e-mail Rebecca Cicolecchia at rcicolecchia@euromoneyplc.com

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