The global upswing in economic activity is strengthening. Advanced economies are growing again but must continue financial sector repair, pursue fiscal consolidation, and spur job growth. The world economic forum publishes a comprehensive series of reports which examine in detail the broad range of global issues it seeks to address with stakeholders as part of its mission of improving the state of the world. Global growth is in low gear, and the drivers of activity are changing. World economic outlook transitions and tensions 1 rupa duttagupta deputy division chief research department, imf united nations, project link meetings, october 21, 20. Imf world economic outlook wolfram data repository. Restrictions on movement of people, goods and services, and containment measures such as factory closures have cut manufacturing and domestic demand sharply in china. Jul 09, 2015 imf cuts world economic outlook for 2015. General features and composition of groups in the world economic outlook classification 206 table a. Financial conditions in emerging markets since may 20. A report by the international monetary fund imf that contains analysis and projections of the integral elements of the imfs surveillance of economic. World economic outlook april 2014 recovery strengthens, remains uneven international monetary fund w o r l d e c o n o m i c a n d f i n a n c i a l s u r v e y s 2. World economic outlook weo hopes, realities, and risks april 20. This dataset contains the latest available currently april 2017 release of the imfs world economic outlook weo database.
Imf cuts global economic growth forecasts for this year. Growth rates however remain modest in many countries, with too many risks on the horizon. The international monetary fund imf is an international organization headquartered in washington, d. Another concern is rising debt, which may make it difficult for emdes to. The venezuelan economic crisis refers to the deterioration that began to be noticed in the main macroeconomic indicators from the year 2012, and whose consequences continue, not only. World economic outlook weo definition investopedia.
The world economic outlook weo database is created during the biannual weo exercise, which begins in january and june of each year and results in the april and septemberoctober weo publication. The main goal of imf is to ensure the stability of the international monetary system. The database contains selected macroeconomic data series from the statistical appendix of the world economic outlook report, which presents the imf staffs analysis and projections of economic developments at the global level, in major country groups and in many. Jan 16, 2018 the aggregated quarterly data are seasonally adjusted.
The world economic forum publishes a comprehensive series of reports which examine in detail the broad range of global issues it seeks to address with stakeholders as part of its mission of. This issue of the world economic outlook examines the potential spillovers from these transitions and the appropriate policy responses. Imf world economic outlook weo, october 20 table of contents. Use the free adobe acrobat reader to view this pdf file. World economic outlook april 2014 recovery strengthens, remains uneven international monetary fund w o r l d e c o n o m i c a n d f i n a n c i a l. The economic impact of this will be far reaching he says.
Imf world economic outlook weo hopes, realities, and. Global economic activity is picking up with a longawaited cyclical recovery in investment, manufacturing, and trade, according to chapter 1 of this world economic outlook. Imf cuts world economic outlook for 2015 usa today. Economy world and regional statistics, national data, maps, rankings. The assumptions underlying the estimates and projections for 2014 and the mediumterm scenario for 201518 are summarized in the first section. Linn, and laurence chandy wednesday, october 21, 2009. Ranking the twenty hottest economies in the world using growth projections from the imfs world economic outlook. Imf releases new world economic outlook live rolling business and financial news, as the international monetary fund cuts its growth forecasts again, citing geopolitics and the eurozone as. Occasional paper international monetary fund, 02516365. The world economic outlook weo database contains selected macroeconomic data series from the statistical appendix of the world economic outlook report, which presents the imf staffs analysis and. The primary world bank collection of development indicators, compiled from officiallyrecognized international sources. Projections for these indicators are provided only through 2021. The global growth projection for 2015 was lowered to 3.
As a result of the pandemic, the global economy is projected to contract sharply by 3 percent in 2020, much worse than during the 200809 financial crisis. According the report released recently on october 15, 2019, the global economy is at its slowest pace. This issue of the world economic outlook examines the potential spillovers from these transitions and the appropriate. Global growth, which in 2016 was the weakest since the global financial crisis at 3. On the more shortterm, the rising dollar is an issue, says fink. The weaker than expected growth outlook for 2014 reflects setbacks to economic activity in the advanced economies during the first half of 2014, and a less optimistic outlook for several emerging market. There is also the financial risk to emerging markets of the rising dollar, he says. The world economic outlook weo database contains selected macroeconomic data series from the statistical appendix of the world economic outlook report, which presents the imf staffs analysis and projections of economic developments at the global level, in major country groups and in many individual countries. Stronger activity, expectations of more robust global demand, reduced deflationary pressures, and optimistic. Oct 07, 2014 imf releases new world economic outlook live rolling business and financial news, as the international monetary fund cuts its growth forecasts again, citing geopolitics and the eurozone as key. The world economic outlook is a biennial report that is released in april and october.
It also seeks to facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world. Tables, charts, maps free to download, export and share. For further information see box a2 in the april 2004 world economic outlook, box 1. Emerging market economies face the dual challenges of slowing growth and tighter. Ranking the twenty hottest economies in the world using growth projections from the imf s world economic outlook. The second section presents a brief description of the changes to the database and statistical tables since the april 20 issue of the world economic outlook. Apr 28, 2017 19 april 2017, in its new world economic outlook report, the international monetary fund imf says the global economy is picking up speed and momentum, but serious risks to growth remain.
The database contains selected macroeconomic data series from the. Subdued investment in emerging market and developing economies emdes is dampening potential growth prospects. The weo is prepared by the imf staff and has benefited. The impact on the rest of the world through business travel and tourism, supply chains, commodities and lower confidence is growing. Global economic outlook prospects for the world economy in 20182019.
Global economic prospects have improved again, but the bumpy recovery and skewed macroeconomic policy mix in advanced economies are complicating policymaking in emerging market economies. Imfblog is a forum for the views of the international monetary fund imf staff and officials on pressing economic and policy issues of the day. Economy world and regional statistics, national data. The aggregated quarterly data are seasonally adjusted. This dataset contains the latest available currently april 2017 release of the imf s world economic outlook weo database. International monetary fund, world economic outlook. Imf cuts global economic growth forecasts for this year and next this article is more than 6 years old halfyearly world economic outlook report revises down forecasts to 2. Brexit has worsened the outlook for global economic. World economic outlook, october 2017 imf bookstore.
In a number of economies, an increase in public infrastructure investment can also provide support to demand in the short term and help. World economic outlook international monetary fund. The weo is released in april and septemberoctober each year. The main goal of imf is to ensure the stability of the international monetary. The world has changed dramatically in the read more. Detailed international and regional statistics on more than 2500 indicators for economics, energy, demographics, commodities and other topics. Maurice obstfeld, chief economist at international monetary fund, discusses the imfs world economic outlook, with a focus on china, the postbrexit u. Imf executive board discussion of the outlook, april 20. These files may be downloaded for use in a variety of software packages. The world economic outlook weo database contains selected macroeconomic data series from the statistical appendix of the world economic outlook report, which presents the imf staffs.
The timorese authorities have revised the compilation. A report by the international monetary fund imf that contains analysis and projections of the integral elements of the imf s surveillance of economic developments. Oct 08, 20 imf cuts global economic growth forecasts for this year and next this article is more than 6 years old halfyearly world economic outlook report revises down forecasts to 2. There is also the financial risk to emerging markets of the rising dollar, he says, echoing christine lagardes comments, and the fact that protectionism might further reinforce it. Imf world economic outlook weo transitions and tensions. Selected series from the publication are available in a database format. Growth was weak but stabilising until the coronavirus covid19 hit. The impact on the rest of the world through business travel and tourism, supply chains, commodities and lower. World economic outlook, october 2016 imf bookstore. Imf world economic outlook weo hopes, realities, and risks. Difference based on rounded figures for the current, july 2017 world economic outlook update, and april 2017 world economic outlook forecasts. The second section presents a brief description of.
In its latest world economic outlook, the imf said that it is revising its baseline outlook for 2016 global growth down by 0. Insights on the imfs new world economic outlook geoffrey gertz, johannes f. Imf releases new world economic outlook live business. The world economic outlook weo is a survey by the imf staff. The views expressed are those of the authors and do not necessarily represent the views of the imf and its executive board. Besides reports on its key events and standalone publications such as the global competitiveness report, the global risks report and the global gender gap report, the forum. Eu output fell in the fourth quarter of last year as the slowdown in europe finally touched germany. The views expressed are those of the authors and do not. Economy world and regional statistics, national data, maps. Jan 16, 2017 maurice obstfeld, chief economist at international monetary fund, discusses the imf s world economic outlook, with a focus on china, the postbrexit u. The covid19 pandemic is inflicting high and rising human costs worldwide, and the necessary protection measures are severely impacting economic activity.
The world economic outlook offers a comprehensive assessment of the international economic situation as well as prospects for the future. Pdf on jan 1, 2012, pongphisoot busbarat and others published economic outlook. Jan 23, 2020 the international monetary fund imf is an organization of 189 countries. Explore raw data about the world bank groups finances, including disbursements and management of global funds.
Imf data home page imf data international monetary fund. Due to the high level of uncertainty in current global economic conditions, the april 2020 weo database and statistical tables contain only these indicators. Global economic prospects have improved again, but the bumpy recovery and skewed macroeconomic. Risks to the outlook remain firmly on the downside, including the possibility of escalating trade tensions. The weaker than expected growth outlook for 2014 reflects setbacks to economic. Any difficulties shifting to a new model could pose a risk to the global economic outlook, the imf said, predicting 6. Oct 21, 2009 report tracking the global economic recovery.
List of tables part b download pdf available on the web only. World economic outlook international monetary fund world economic outlook. World economic outlook 20 data visualization based on gdp, forecast and ppp for 2010 2018. According to the october 2016 world economic outlook, global growth is projected to slow to 3. With 189 member countries, staff from more than 170 countries, and offices in over locations, the world bank group is a unique global partnership. World development indicators wdi is the primary world bank collection of development indicators, compiled from officially recognized international sources. Chapter 3 examines the prospects for inflation, particularly because inflation was remarkably stable in the wake of the great recession and, in fact, has become less responsive to cyclical conditions. The assumptions underlying the estimates and projections for 20 14 and the mediumterm scenario for 201518 are summarized in the first section. Apr 18, 2017 the imf says the world economy is gaining speed.
Imf world economic outlook weo, april 20 table of contents. Classification by world economic outlook groups and their shares in aggregate gdp, exports of goods and services, and population, 2015 207 table b. World economic outlook, 2019 current affairs today. Wor l d econom i c a nd f i na n ci a l s ur v ey s world economic outlook april 2017 gaining. The international monetary fund imf is an organization of 189 countries. The world economic outlook weo is a survey by the imf staff published twice a year, in the spring and fall. Imfblog is a forum for the views of the international monetary fund imf staff and officials on pressing economic and policy issues of the.
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