G20: Confronting the crisis
World leaders will convene in London on April 2 to discuss how to prevent another global economic crisis from happening again. Here is a snapshot of 10 key economies and the challenges they face.
Gallery: 10 economies in decline
*Projected 2009 GDP
**China only reports urban unemployment rates
Sources: IMF, national statistics offices, central banks, stock exchanges, AIRINC
Country |
GDP growth* |
Inflation |
Unemployment |
Stock market decline |
Gallon of gas |
Interest Rates |
---|---|---|---|---|---|---|
Brazil | 1.80% | 5.90% | 8.20% | 6.90% | $4.17 | 11.25% |
China | 6.70% | -1.60% | 9%** | 22.10% | $3.01 | 5.31% |
Germany | -2.50% | 1.00% | 7.90% | -11.90% | $5.97 | 1.50% |
Iceland | -10.00% | 17.60% | 6.60% | -9.00% | $8.20 | 18.00% |
India | 5.10% | 10.40% | 6.80% | -7.00% | $4.06 | 5.50% |
Japan | -2.60% | 0.00% | 4.10% | -4.20% | $4.09 | 0.10% |
Mexico | 0.30% | 6.20% | 5.00% | 9.30% | $2.19 | 6.75% |
Russia | -0.70% | 12.00% | 8.10% | 16.20% | $2.81 | 13.00% |
United Kingdom | -1.20% | 0.10% | 6.30% | -11.20% | $4.85 | 0.50% |
United States | -1.60% | 0.20% | 8.10% | -10.70% | $1.99 | 0% to 0.25% |
*Projected 2009 GDP
**China only reports urban unemployment rates
Sources: IMF, national statistics offices, central banks, stock exchanges, AIRINC