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According to LINK Global Economic Outlook, published in June 2012, GDP of the European Union will not grow in 2012. In 2011 20% of the world GDP were produced in the European Union, which accounted for more than one third of world imports. It means that the recession in the European Union will inevitably cause the deceleration of the global economy.

World in 2020 Try now

World in 2020

Access and compare forecasts for more than 50 indicators related to a country’s economic, demographic, and energy futures from leading international institutions. Assess the historic quality of forecasts with our Forecast Accuracy Tracking Tool™ and select the most accurate forecast to support your analysis.

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