Monthly Statistical Bulletin

8.1 Economic growth

Quarters (a) (b)

Annual average (c) (d)

2007

2008

Country

2004

2005

2006

2007

Sep

Dec

Mar

Jun

Australia

3.9

2.8

2.7

4.2

4.7

4.3

3.7

Canada

3.2

2.8

3.1

2.7

3.1

2.7

1.6

China

10.1

10.4

11.1

11.4

France

2.2

2.0

2.3

2.2

2.4

2.2

2.0

Germany

0.5

1.0

3.1

2.6

2.4

1.8

2.7

Indonesia

5.0

5.7

5.5

6.3

Italy

1.4

0.7

1.9

1.4

1.6

0.2

0.4

Japan

2.7

1.9

2.4

2.0

1.8

1.4

1.3

Korea (South)

4.7

4.3

5.1

4.9

5.1

5.9

5.7

4.7

Malaysia

6.8

5.3

5.8

6.3

6.7

7.3

7.1

6.3

New Zealand

4.1

2.8

2.3

3.4

3.2

2.2

0.7

Philippines

6.4

5.0

5.4

7.2

7.1

6.4

4.7

4.6

Singapore

9.0

7.3

8.2

7.7

9.5

5.4

6.9

2.1

Thailand

6.3

4.5

5.1

4.8

4.8

5.7

6.1

5.3

United Kingdom

3.3

1.8

2.9

3.1

3.1

2.7

2.3

United States

3.6

2.9

2.9

2.0

2.7

2.3

2.5

1.8

OECD average

3.2

2.7

3.2

2.6

2.9

2.6

2.5

G7 average

2.9

2.2

2.7

2.1

2.6

2.0

2.1

EU average

2.3

1.8

2.9

2.7

2.8

2.3

2.0

1.6

(a) Percentage change in gross domestic product at constant prices over corresponding

quarter of previous year.

(b) Seasonally adjusted.

(c) Percentage change in gross domestic product at constant prices over previous year.

(d) Years shown are calendar years.

Source: Datastream

Update

Late September 2008