The analysis and projections contained in the world economic outlook are integral elements of the imf s surveil lance of economic developments and policies in its member countries, of developments in. Table of key forecasts overview we estimate that aggregate em gdp will shrink by 4% this year, by far the worst outturn since reliable records began in 1960. Balance of payments and international investment position manual, sixth edition bpm6. Tensions from the twospeed recovery executive summary the covid19 pandemic is inflicting high and rising human costs worldwide. Outlook weo table of contents with links to the full text in pdf format. Imf data home page imf data international monetary fund. Protecting lives and allowing health care systems to cope have required isolation, lockdowns, and widespread closures to slow the spread of the virus. The impact on the rest of the world through business travel and tourism, supply chains, commodities and lower confidence is growing. Countries whose forecasts have been updated relative to october 2019 world economic outlook forecasts account for 90 percent of world gdp measured at purchasingpowerparity weights. The world banks russia economic report analyzes recent economic developments, presents the mediumterm economic outlook, and provides an indepth analysis of a particular topic.
International monetary fund april 2020 vii world economic outlook. Overview of the world economic outlook projections. The international monetary fund imf is an international organization headquartered in washington, d. Com future of globalization is the recession triggering deglobalization. The main goal of imf is to ensure the stability of the international monetary. With 189 member countries, staff from more than 170 countries, and offices in over locations, the world bank group is a unique global partnership. Global growth is projected to rise from an estimated 2. Global growth outlook has weakened, amid unresolved trade tensions and elevated international policy uncertainty, according to the world economic situation and prospects as of mid2019. Momentum in manufacturing activity, in particular, has weakened substantially, to levels not seen since the global financial crisis. Global economic outlook prospects for the world economy in 20182019. Tshwane capital economic outlook 2016 3 table of contents foreword by the executive mayor 6 our background 7 overview 8 our projects 9 city of tshwane township revitalisation 10 free wifi 10. The primary world bank collection of development indicators, compiled from officiallyrecognized international sources. Restrictions on movement of people, goods and services, and containment measures such as. This is due to the concessional profile of the public debt and low deficit in the past.
Curacao economic outlook 2010 economy of asia fiscal. By 2009, the imf s world economic outlook classified countries as advanced, emerging, or developing, depending on 1 per capita income level, 2 export diversificationso oil exporters that have high per. Donorfinanced large infrastructure projects, increased public spending, and a pickup in credit to households have boosted real gdp growth to close to 4 percent in 2014 and to. The fund, in its world economic outlook report, said the chinese economy could grow at 5.
World development indicators database, world bank, 23 december 2019 1. According to the world economic outlook weo of the international monetary fund imf, released in july 2010, world economic growth is expected to reach 4 percent, a rather positive output as. Tensions from the twospeed recovery xii international monetary fund october 2018 the analysis and projections contained in the world economic outlook are integral elements of the imf s surveillance of economic developments and policies in its member countries, of developments in international. But it will remain the fastestgrowing major economy, well ahead of china, it said. Imf, world bank see brexit deal boosting global growth outlook. The imf publishes a range of time series data on imf lending, exchange rates and other economic and financial indicators. 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.
World economic outlook, full text, april 2019, imf international. World economic outlook, october 2019 global manufacturing downturn, rising trade barriers global growth is forecast at 3. It presents imf staff economists analyses of global economic developments during the. Lester, saving the trading system, international economic law and policy blog 1 december 2017, who notes that, although. If there were clarity in that outlook it would help the growth environment quite a bit, malpass told reporters during the imf and world bank fall meetings after the eu and britain, the world. Gross domestic product 2018 millions of ranking economy us dollars. North american free trade agreement and significant. The covid19 pandemic is inflicting high and rising human costs worldwide, and the necessary protection measures are severely impacting economic activity. Weo occasional paper international monetary fund world. The international monetary fund imf is an organization of 189 countries. Due to the high level of uncertainty in current global economic conditions, the april 2020 weo database and statistical tables contain only these indicators.
Maryland composition cataloginginpublication data joint bankfund library world economic outlook international monetary fund world economic outlook. World economic situation and prospects wesp report. The steady expansion under way since mid2016 continues, with global growth for. Challenges to steady growth october 3, 2018 description. The greek debt restructuring of 2012 stands out in the history of sovereign defaults. Download a free pdf of the report and data sets for each of the charts therein from the imf website at. The world economic forum is an independent international organization committed to improving the state of the world by engaging business, political, academic and other leaders of society.
The washingtonbased institution forecast in october a global growth rate of 3% for 2019 and of 3. Growth was weak but stabilising until the coronavirus covid19 hit. World economic outlook international monetary fund. Download a free pdf of the report and data sets for each of the. How should we think about the winners and losers from. It achieved very large debt relief over 50% of 2012 gdp wit. The world bank forecasts global growth to slow to 2.
World economic outlook, october 2019 global growth is forecast at 3. World economic outlook 2019 estimate, 202021 forecast, vs. Chinas economic growth could fall below 6% in 2020, says. The international monetary fund imf has retained its india growth forecast for the current year and marginally pared it for next fiscal, citing the drag from higher crude prices and tightening of the global financial situation. The impact of the covid19 outbreak on economic prospects is severe. After slowing sharply in the last three quarters of 2018, the pace of global economic activity remains weak.
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