Annual Energy Outlook 2003 with Projections to 2025

Table 14. Forecasts of annual average economic growth, 2001-2025

 

Average annual percentage growth

Forecast

2001-2012

2001-2020

2001-2025

AEO2002

3.2

3.1

 

AEO2003

     

   Reference

3.2

3.1

3.0

   Low growth

2.8

2.6

2.5

   High growth

3.8

3.6

3.5

GII

3.2

3.1

3.1

OMB

3.2

CBO

3.1

OEF

3.1

DBAB

3.5*

AEO2003: Table B20. AEO2002: AEO2002 National Energy Modeling System, run AEO2003.D102001B. GII (formerly DRI-WEFA): Global Insight Macroeconomic Model AII250502 (May 2002). OMB: Office of Management and Budget (July 2002). CBO: Congressional Budget Office (August 2002). OEF: Oxford Economic Forecasting, World Long-Term Economic Prospects (August 2002). DBAB: Deutsche Banc Alex.Brown, Oil Market Outlook (September 5, 2002).
*DBAB average annual growth rate is for 2000-2025.
Note: Totals may not equal sum of components due to independent rounding.

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