Economic Developments  Overseas Economies and Exports Projections for Major Economies (IMF)  Real Exports  y/y % chg., % points 2016 World  3.3  Advanced economies United States  1.7 1.6  2017  3.7 2.3 2.2  Euro area  1.9  2.4  Japan  1.0  1.7  4.4  4.7  6.7  6.9  Emerging market and developing economies China ASEAN-5  4.9  5.3  2018 2019 Projection Projection  3.7  3.7  (-0.2)  (-0.2)  2.4  2.1  (0.0)  (-0.1)  2.9  2.5  (0.0)  (-0.2)  2.0  1.9  (-0.2)  (0.0)  1.1  0.9  (0.1)  (0.0)  4.7  4.7  (-0.2)  (-0.4)  6.6  6.2  (0.0)  (-0.2)  5.3  5.2  (0.0)  (-0.1)  120  s.a., CY 2015=100  110 100 90 80 70 60 50 CY 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18  Note: The post-2018 figures in the left table are based on October 2018 WEO projections.
Figures in parentheses show the differences from the July 2018 projections. Sources: IMF; Ministry of Finance; Bank of Japan. 2  Chart 3  I. Economic Developments  Corporate Profits and Business Fixed Investment Business Fixed Investment Plans (September Tankan)  Corporate Profits 8  s.a., %  7 6  s.a., ann., tril.