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...
Here's how 25 countries are projected to grow
Image: New Delhi, India.Photographs: Courtesy, Wikipedia Commons
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...
Here's how 25 countries are projected to grow
Image: Shanghai, China.Photographs: Courtesy, Wikipedia Commons
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...
Here's how 25 countries are projected to grow
Image: Brasilia, Brazil.Photographs: Courtesy, Wikipedia Commons
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...
Here's how 25 countries are projected to grow
Image: Moscow, Russia.Photographs: Courtesy, Wikipedia Commons
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...
Here's how 25 countries are projected to grow
Image: Jakarta, Indonesia.Photographs: Courtesy, Wikipedia Commons
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...
Here's how 25 countries are projected to grow
Image: Santiago, Chile.Photographs: Courtesy, Wikipedia Commons
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
...
Here's how 25 countries are projected to grow
Image: Istanbul, Turkey.Photographs: Courtesy, Wikipedia Commons
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
...
Here's how 25 countries are projected to grow
Image: Tallinn, Estonia.Photographs: Courtesy, Wikipedia Commons
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
...
Here's how 25 countries are projected to grow
Image: Seoul, South Korea.Photographs: Courtesy, Wikipedia Commons
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
...
Here's how 25 countries are projected to grow
Image: Tel Aviv, Israel.Photographs: Courtesy, Wikipedia Commons
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
...
Here's how 25 countries are projected to grow
Image: Bratislava, Slovakia.Photographs: Courtesy, Wikipedia Commons
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
...
Here's how 25 countries are projected to grow
Image: Mexico City, Mexico.Photographs: Courtesy, Wikipedia Commons
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
...
Here's how 25 countries are projected to grow
Image: Melbourne, Australia.Photographs: Courtesy, Wikipedia Commons
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
...
Here's how 25 countries are projected to grow
Image: Prague, Czech Republic.Photographs: Courtesy, Wikipedia Commons
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
...
Here's how 25 countries are projected to grow
Image: Oslo, Norway.Photographs: Courtesy, Wikipedia Commons
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
...
Here's how 25 countries are projected to grow
Image: New York City, United States.Photographs: Courtesy, Wikipedia Commons
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
...
Here's how 25 countries are projected to grow
Image: Toronto, Canada.Photographs: Courtesy, Wikipedia Commons
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
...
Here's how 25 countries are projected to grow
Image: Warsaw, Poland.Photographs: Courtesy, Wikipedia Commons
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
...
Here's how 25 countries are projected to grow
Image: Dublin, Ireland.Photographs: Courtesy, Wikipedia Commons
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
...
Here's how 25 countries are projected to grow
Image: Stockholm, Sweden.Photographs: Courtesy, Wikipedia Commons
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
...
Here's how 25 countries are projected to grow
Image: Luxembourg, Luxembourg.Photographs: Courtesy, Wikipedia Commons
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
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Here's how 25 countries are projected to grow
Image: Geneva, Switzerland.Photographs: Courtesy, Wikipedia Commons
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
...
Here's how 25 countries are projected to grow
Image: Leipzig, Germany.Photographs: Courtesy, Wikipedia Commons
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
...
Here's how 25 countries are projected to grow
Image: London, United Kingdom.Photographs: Courtesy, Wikipedia Commons
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
...
Here's how 25 countries are projected to grow
Image: Vienna, Austria.Photographs: Courtesy, Wikipedia Commons
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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