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With intensifying strains in the euro area weighing on the global outlook, the International Monetary Fund has sharply cut its forecast for world growth this year, saying prospects have dimmed and risks to financial stability have increased.
In a report it has projected countries that will see biggest growth in 2013.
Let's have a look at some of these nations.
Click NEXT to see India's projected growth...
India
Growth rate in 2010: 9.9 per cent
Growth rate in 2011: 7.4 per cent
Growth rate in 2012: 7.0 per cent
Growth rate in 2013: 7.3 per cent
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China
Growth rate in 2010: 10.4 per cent
Growth rate in 2011: 9.2 per cent
Growth rate in 2012: 8.2 per cent
Growth rate in 2013: 8.8 per cent
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The United States
Growth rate in 2010: 3.0 per cent
Growth rate in 2011: 1.8 per cent
Growth rate in 2012: 1.8 per cent
Growth rate in 2013: 2.2 per cent
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The United Kingdom
Growth rate in 2010: 2.1 per cent
Growth rate in 2011: 0.9 per cent
Growth rate in 2012: 0.6 per cent
Growth rate in 2013: 2.0 per cent
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Canada
Growth rate in 2010: 3.2 per cent
Growth rate in 2011: 2.3 per cent
Growth rate in 2012: 1.7 per cent
Growth rate in 2013: 2.0 per cent
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Germany
Growth rate in 2010: 3.6 per cent
Growth rate in 2011: 3.0 per cent
Growth rate in 2012: 0.3 per cent
Growth rate in 2013: 1.5 per cent
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France
Growth rate in 2010: 1.4 per cent
Growth rate in 2011: 1.6 per cent
Growth rate in 2012: 0.2 per cent
Growth rate in 2013: 1.0 per cent
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Japan
Growth rate in 2010: 4.4 per cent
Growth rate in 2011: -0.9 per cent
Growth rate in 2012: 1.7 per cent
Growth rate in 2013: 1.6 per cent
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Spain
Growth rate in 2010: -0.1 per cent
Growth rate in 2011: 0.7 per cent
Growth rate in 2012: -1.7 per cent
Growth rate in 2013: -0.3 per cent
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South Africa
Growth rate in 2010: 2.9 per cent
Growth rate in 2011: 3.1 per cent
Growth rate in 2012: 2.5 per cent
Growth rate in 2013: 3.4 per cent
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Italy
Growth rate in 2010: 1.5 per cent
Growth rate in 2011: 0.4 per cent
Growth rate in 2012: -2.2 per cent
Growth rate in 2013: -0.6 per cent
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Russia
Growth rate in 2010: 4.0 per cent
Growth rate in 2011: 4.1 per cent
Growth rate in 2012: 3.3 per cent
Growth rate in 2013: 3.5 per cent
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Mexico
Growth rate in 2010: 5.4 per cent
Growth rate in 2011: 4.1 per cent
Growth rate in 2012: 3.5 per cent
Growth rate in 2013: 3.5 per cent
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Brazil
Growth rate in 2010: 7.5 per cent
Growth rate in 2011: 2.9 per cent
Growth rate in 2012: 3.0 per cent
Growth rate in 2013: 4.0 per cent