Growth of six percent a year. Absolutely incredible.

Although the total value of imports and exports fell year on year, the export data enjoyed growth. This is the fifth consecutive month for export to achieve growth since March this year.

Call me a growth optimist , but Europe looks poised for another good growth year in 2007.

Last year, it achieved an impressive economic growth rate of 20 per cent.

Why, then, has India s GDP growth slowed so much, from nearly 10 year on year in 2010 11 to 5 today? Was annual growth of almost 8 in the decade from 2002 to 2012 an aberration?

From the photosynthetic growth, it would take 500 years of that growth to produce what we use, the 30 billion barrels we use per year.

Undoubtedly, the production costs of Hollywood blockbusters have been surging year by year, and the growth is even far beyond that of the inflation rate.

Forecasts to the year 2020 predict growth in tourism in all regions of the world, with the strongest relative growth occurring in parts of the developing world.

The situation changed this year, however. Online retail sales accelerated again. For the first nine months of this year, growth rate rebounded to 34.2 ,

Due to strong job growth, this trend continued through 2003 and 2004 with year over year declines of 7.9 percent and 7.0 percent respectively.

In terms of service export, the service export continued its rapid growth momentum since this year, and the export growth rate was 5.7 percentage points higher than the import growth rate from January to August.

Exports this year will exceed forty billion dollars, with an estimated growth of about 15 per cent.

Figures from the National Bureau of Statistics revealed that China s GDP grew 6.9 year on year for the first three quarters of 2017, 0.2 percentage points higher than the same period last year. In particular, the growth rates for the first, second and third quarters were 6.9 , 6.9 and 6.8 , respectively. For nine consecutive quarters, GDP growth ranged between 6.7 and 6.9 , maintaining a medium to high rate of growth.

Just as last year when there was unwarranted growth pessimism in Europe, this year there is unwarranted growth euphoria. Many Germans, in particular, are in denial that the cyclical upturn may be coming to an end.

Over the past decade, China has accounted for an average of 1.6 percentage points of world GDP growth per year more than double the combined 0.7 percentage point contribution of the so called advanced economies. Even if its GDP growth slows to 6.8 this year, China would account for slightly more growth than is likely from the advanced world.

While the earthquake and tsunami disaster lowered expected growth in 2005 somewhat in Thailand, Indonesia is still expecting GDP growth to increase next year.

Indeed, the economy is expected to have shrunk by another 2.6 year on year in the second quarter, with growth set to resume only in July September. And, contrary to the government s outlook, the start of economic recovery could be delayed until the end of this year, with medium term annual growth reaching 1.5 2 .

Earlier this year, the Congressional Budget Office warned that the potential US growth rate has declined as a result of years of subpar investment rates, the aging of the population, and smaller productivity gains. Every year of below capacity growth means lower growth capacity in the future, owing to lost investment, erosion of worker skills and experience, and diminished risk taking.

Economic growth rates reveal the same gap. From 1978 to 2003, annual real GDP growth in China averaged 8.1 while growth in Mexico the fastest in Latin America, barely reached 1 a year.

BEIJING China s economic growth rate slowed in the second quarter of this year to 7.5 year on year, down from 7.7 in the January March period, in line with Chinese economists forecasts in recent months. At the start of 2013, however, economists both at home and abroad were much more upbeat about the prospects for Chinese growth.

The good news is that economic growth in the euro zone economy appears to be picking up (even in Italy). Though second quarter GDP growth was weak the euro zone average was only 0.3 year on year third quarter data are indicating a sustained economic pick up in the second half of the year.

In the euro zone and Japan, the outlook for 2009 and 2010 is even worse, with growth close to zero even next year. China will have a more rapid recovery later this year, but growth will reach only 5 this year and 7 in 2010, well below the average of 10 over the last decade.

So China, I've already mentioned, beginning around 1978, around the time of the death of Mao, growth ten percent a year.

The Minister for Finance and Planning on 27 July estimated that the country could nevertheless attain a year on year growth of 1 , provided that inflation is kept in check.

In the least developed countries in South East Asia, economic growth continues to vary widely from year to year, depending on developments in the agricultural sector.

According to preliminary reports, annual investment growth in 2012 reached roughly 14 significantly higher than the GDP growth rate, which accelerated in the fourth quarter as a result of a strong rebound in investment in real estate and infrastructure. In 2013, it can be expected that, barring major disruptions, strong investment growth will push China s GDP more than 8 higher year on year.

Because of regional instability and political tension, West Asia, on average, has lost 2 percentage points of growth per year since 1980.

Emphasizing the temporary nature of these factors, the reports insist that, though world GDP growth amounted to roughly 3 during the first half of the year, it will pick up in the second half. Driven by this new momentum, growth will finally reach the long elusive 4 rate next year.

Even a small reduction in the growth of these programs would save billions of dollars. Based on the unexpected slowdown in spending growth during the last few years, the Congressional Budget Office recently cut its ten year projections for these programs by 3.5 , reducing the ten year deficit by 382 billion.

A study last year showed a direct correlation between the growth of mobile phone use and subsequent GDP increases across Africa.

The increase in cash balances in 2004 resulted largely from the growth in income and the late year receipt of funds.

As of this year, 1 of GDP growth is consistent with more than 3.5 of credit growth. China s financial sector is now increasingly feeling the strain of this rapid credit growth, which has led to overcapacity in favored sectors and mounting debt problems for local governments, SOEs, and banks.

We've had 28 percent per year compounded growth in dollars in information technology over the last 50 years.

The amount of genetic data basically this shows that smooth exponential growth doubled every year, enabling the genome project to be completed.

Although turbulent conditions prevailed in Iraq and Palestine, 2004 was another positive year in terms of overall economic growth for Western Asia.

Last year, Chinese GDP growth reached a 13 year low, and no upturn is in sight. But, as Premier Li Keqiang seems to recognize, this trend could actually be beneficial, spurring the structural reforms that China needs to achieve its longer term goal of more balanced and stable GDP growth.

Counterproductive and excessive fiscal austerity at the federal level has dampened growth this year, but the private sector has proved more resilient than expected. Under current law, fiscal contraction is slated to ease next year and monetary policy is likely to remain supportive, so most forecasters predict an acceleration of growth.

In 2003, the population growth slowed down to 1.47 the mortality rate of under one year old and under five year old children was 21 and 42 respectively, maternal mortality rate was 0.85 .

This year, roughly 750,000 women will graduate from Pakistan s institutions of higher learning. If the current rate of growth is maintained, by 2015 the number of women completing higher education could exceed 1.5 million a year.

The Bank's downgraded growth forecasts for this year and next compare with the 1.9 and 1.7 predicted in May.

But a realistic assessment of growth prospects is precisely what is needed right now to design appropriate and feasible policies. Gordon s point is not that growth will decelerate in the future, but rather that underlying productivity growth moved to a sharply lower trajectory around the year 2000.

Until recently, US policymakers were not overly concerned about the dollar s strength, because America s growth prospects were stronger than in Europe and Japan. Indeed, at the beginning of the year, there was hope that US domestic demand would be strong enough this year to support GDP growth of close to 3 , despite the stronger dollar.

The acceleration in GDP growth was most marked in East and North East Asia, South East Asia and the developed countries of the region, but other subregions maintained growth rates close to the levels of a year earlier.

Growth rates last year in Colombia and even Peru, which has performed better than any other Latin American country since 2000, also dropped significantly. And Mexico, the worst performing of the five economies over the last 15 years, has outdone itself this year, growth is expected to reach barely 1 , if that.

Now growth in home prices is weakening in some of these cities. The rate of price growth in London and New York slowed sharply over the past year, to only about a 1 real increase in the second quarter of 2004.