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

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.

 

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

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.

 

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

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.

 

Workers shape a snow sculpture prior to the annual Vasaloppet

Workers shape a snow sculpture prior to the annual Vasaloppet

China

Average growth rate (2013-2015): 7.3%

Workers shape a snow sculpture prior to the annual Vasaloppet China Ski Festival at Jingyuetan Park in Changchun.

 

People ride their bicycles under overhead power cables

People ride their bicycles under overhead power cables

India

Average growth rate (2013-2015): 6.6%

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

 

Saudi Arabia

Saudi Arabia

Saudi Arabia

Average growth rate (2013-2015): 4.2%

 

A general view of Levent financial district which comprises

A general view of Levent financial district which comprises

Turkey

Average growth rate (2013-2015): 5.1%

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

 

People walk past a Lotte Shopping mall in Seoul.

People walk past a Lotte Shopping mall in Seoul.

South Korea

Average growth rate (2013-2015): 3.6%


The Angel of Independence is seen near a building of HSBC in Mexico City.

The Angel of Independence is seen near a building of HSBC in Mexico City.

Mexico

Average growth rate (2013-2015): 3.7%


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

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

Russia

Average growth rate (2013-2015): 3.8%


Poland

Poland

Poland

Average growth rate (2013-2015): 3.4%


Melbourne

Melbourne

Australia

Average growth rate (2013-2015): 3.1%


Canada

Canada

Canada

Average growth rate (2013-2015): 2.3%


New York

New York

United States

Average growth rate (2013-2015): 2.4%


Germany

Germany

Germany

Average growth rate (2013-2015): 1.3%

 

France

France

France

Average growth rate (2013-2015): 1.2%


Japan

Japan

Japan

Average growth rate (2013-2015): 0.9%


London

London

United Kingdom

Average growth rate (2013-2015): 2.1%


The Netherlands

The Netherlands

The Netherlands

Average growth rate (2013-2015): 1.1%


Ireland

Ireland

Ireland

Average growth rate (2013-2015): 2.2%

    Posted in : International, News

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