# **Figure 2. Investment growth slowdown: Group‐specific and regional dimensions**

_The slowdown in EMDE investment growth has been pronounced and persistent among BRICS, commodity exporters, and many commodity importers. It has been concentrated in EMDE regions with predominantly commodity‐exporting countries, in Europe and Central Asia, Latin America and Caribbean, and Middle East and North Africa._

## **A. Investment growth**

<!-- Start of picture text --> Percent 1990-2008 average<br>2003-2008 average<br>14<br>12<br>10<br>8<br>6<br>4<br>2<br>0<br>EMDEs BRICS AEs World<br>2010 2011 2012 2013 2014 2015 2010 2011 2012 2013 2014 2015 2010 2011 2012 2013 2014 2015 2010 2011 2012 2013 2014 2015<br><!-- End of picture text -->

## **B. Investment growth (cont.)**

<!-- Start of picture text --> Percent 1990-2008 average<br>14 2003-2008 average<br>12<br>10<br>8<br>6<br>4<br>2<br>0<br>EMDE com. EMDE com. Large importers Other<br>exp. ex BRICS imp. ex BRICS ex BRICS importers ex<br>BRICS<br>2010 2011 2012 2013 2014 2015 2010 2011 2012 2013 2014 2015 2010 2011 2012 2013 2014 2015 2010 2011 2012 2013 2014 2015<br><!-- End of picture text -->

## **C. Quarterly investment growth: EMDEs**

<!-- Start of picture text --> Year-on-year, percent EMDEs<br>15 1990-2008 average<br>2003-08 average<br>10<br>5<br>0<br>E. Regional dimensions<br>Percent 1990-2008 average<br>15.0 2003-08 average<br>10.0<br>5.0<br>0.0<br>East Asia and Europe and Latin<br>Pacific Central Asia America and<br>Caribbean<br>2010Q1 2011Q1 2012Q1 2013Q1 2014Q1 2015Q1 2016Q1<br>2010 2011 2012 2013 2014 2015 2010 2011 2012 2013 2014 2015 2010 2011 2012 2013 2014 2015<br><!-- End of picture text -->

## **D. Contributions to EMDE investment growth**

<!-- Start of picture text --> Percentage points Other EMDEs<br>12 Brazil, Russia, S. Africa<br>10 India<br>8 China<br>6<br>4<br>2<br>0<br>-2<br>2010 2011 2012 2013 2014 2015<br>F. Regional dimensions (cont.)<br>Percent 1990-2008 average<br>12 2003-08 average<br>8<br>4<br>0<br>Middle East South Asia Sub-Saharan<br>and North Africa<br>Africa<br>2010 2011 2012 2013 2014 2015 2010 2011 2012 2013 2014 2015 2010 2011 2012 2013 2014 2015<br><!-- End of picture text --> Sources: Haver Analytics; International Monetary Fund; Oxford Economics; World Development Indicators, World Bank. A.B. Weighted averages. Long‐term average starts in 1991 for EMDEs due to lack of earlier data. The EMDE sample includes 126 economies. “ex BRICS” excludes BRICS economies within each group. Large importers refer to the seven EMDE commodity importers ranked in the top 20 EMDEs (ex BRICS) in nominal GDP terms. Other importers include 42 economies. C. Weighted averages. Includes 28 EMDEs with available quarterly data. Long‐term averages start in 1991 for EMDEs and are based on annual data. Last observation is for Q2 2016.

D. Percentage point contribution by each country group to EMDE investment growth.

E.F. Medians across EMDEs of each region to ensure broad‐based representation. Long‐term averages are period averages of annual medians. East Asia and Pacific, Europe and Central Asia, Latin America and Caribbean, Middle East and North Africa, South Asia, and Sub‐Saharan Africa include 8, 12, 18, 10, 5, and 26 economies, respectively.

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