The global economy will grow by more than 3 percent in 2015 and 2016 however the growth will be uneven in some regions, predicts the United Nations. The UN's annual economic report yesterday said that growth edged up in 2014 at an estimated 2.6 percent. The UN is forecasting 3.1 percent economic growth in 2015 and 3.3 percent growth in 2016.The World Economic Situation and Prospects 2015 report says business investment will be a major driver in the United States, growth in the world's least developed economies will exceed the global average, and strong household consumption will keep East Asia the world's fastest growing region. Among developed economies, the report says the United States will see 2.8 percent growth in 2015 and 3.1 percent in 2016. The European Union will edge up 1.7 percent in 2015 and 2 percent in 2016. Among developing countries, the UN report says, India will continue to drive the South Asian region with 5.9 percent growth in 2015 and 6.3 percent in 2016. China will see 7.0 percent growth in 2015 and 6.8 percent in 2016.