The world economic outlook weo is a survey by the imf. Download report eng download report lao sections in this edition. The outlook on the global agenda 2015 reflects the thought leadership of the worlds foremost intelligence welcome klaus schwab founder and executive chairman, world economic forum network a community of over 1,500 global experts. World economy recovers on a winding path with indepth adjustment global economic and financial outlook 2016 the global economy has slightly recovered in 2015, with consumer prices running at low levels. Nevertheless, the underlying drivers for a gradual acceleration in economic activity in advanced economieseasy financial conditions, more neutral fiscal policy in the euro area, lower fuel prices, and improving confidence and labor market conditionsremain intact. This issue discusses a number of factors affecting global growth, as well as growth prospects across the worlds main countries and regions. The world gross product is projected to grow by a mere 2. The developed economies have regained some strength on a shaky ground. At the end of 2018, the lei index remained positive, but there are indications that we are in the late stages of what is on track to be the longest economic expansion since world war ii.
The forecasts presented in the report draw on the world economic forecasting model wefm of undesa. This publication was coordinated by hamid rashid, chief, global economic moni. Occasional paper international monetary fund, 02516365. World economic outlook and staff studies for the world economic outlook, selected topics 291 boxes 1. The weo is released in april and septemberoctober each year. Leading economic index lei is composed of 10 factors, including unemployment claims, capital spending and the yield curve. Economic outlook no 97 june 2015 oecd annual projections. Changes to the october 2015 database data for lithuania are now included in the euro area aggregates, but they were excluded in the april 2015 weo. The economic outlook the budget and economic outlook. Strong growth in india, relatively strong growth in the united states, disappointing but improving growth in europe and japan, slowing growth in china and weakness in many other emerging markets. Economic outlook is a twiceyearly analysis available for online viewing, download, and in print published by the organisation for economic cooperation and development oecd with economic analysis and forecasts for future economic performance of oecd countries. The main version is in english, and it is also published in french and german.
But the imfs recently released world economic outlook, which includes economic growth forecasts for 185 countries, wasnt completely negative we selected 20 countries with the highest. Global growth remains moderate, with uneven prospects across the main countries and regions. Global economic growth is forecast to increase marginally over the next two years, according to the united nations world economic situation and prospects 2015 wesp report, launched today. Global growth, which in 2016 was the weakest since the global financial crisis at 3. European commission directorategeneral for trade 01042020 units a4 g2 taiwan main indicators indicator source imf world economic outlook unit 2015 2016 2017. Malaysia merchandise trade with world indicator unit 2015 2016 2017 2018 2019 annual average growth imports billions of euros 158. Gross domestic product yoy growth rate 2014 2015 2016. The new world outlook sees world economic output growth reaching 3% in 2008, down from 3.
The danger now, however, is that this could become a longerterm problem of limiting global economic integration, thereby likely slowing economic growth. World agricultural outlook board, chair economic research service foreign agricultural service. World economic outlook, october 2018 international monetary fund. Federal planning bureau press release the 20082015. Global agenda councils outlook on the global agenda 2015. Policymakers cannot afford to relax their efforts policy action has reduced tail risks and financial markets have rallied, but important brakes remain in place. World economic outlook selected topics 177 tables table 1. Imf world economic outlook weo update, january 2015.
Gradual rise in global growth advanced economies percent change from a year earlier emerging economies percent change from a year earlier jan. The global upswing in economic activity is strengthening. The international monetary fund predicts that this growth will only acceleratereaching around 5. Prerelease of chapter 1, global economic outlook full report available in january 2015 the report is a joint product of the united nations department of economic and social. Weo global growth forecast only slightly better for 20 shortterm risk picture has improved, but important mediumterm downside risks remain present. The international economic environment underlying the federal planning bureaus new economic forecasts for belgium of 12 september 2008 is based on more recent international assumptions, of which those relative to euro area gdpgrowth in 2008. Green diamonds denote forecasts in the june 2018 edition of the global economic prospects report. Used in a number of sciences, ranging from econometrics to meteorology, consensus forecasts are predictions of the future that are created by combining together several separate forecasts which have often been created using different methodologies. Mexico economic outlook 3rd quarter 2017 30 table 4. Subsaharan africa is one of the fastest growing regions in the world. Relative to last year, the outlook for advanced economies is improving, while growth in emerging market and. National economic accounts for countries and regions a list of countries and regions in comparison of their gross national income based on world economic outlook database of imf international. Real gdp, consumer prices, current account balance, and unemployment 52 table 2.
The global economic outlook world economic forum annual. Classification of economies of countries nations online. The international monetary fund imf is an international organization headquartered in washington, d. Also known as combining forecasts, forecast averaging or model averaging in econometrics and statistics and committee machines, ensemble.
New south wales nsw state economy and state budget 201920 nsws treasurer, dominic perrottet, delivered the nsw state budget for 201920 on 18th june 2019. Multiple digital editions of the weo, including epub, enhanced pdf, and html, are available on. Economic outlook no 97 june 2015 oecd annual projections economic outlook no 96 november 2014 oecd annual projections economic outlook no 95 may 2014 longterm baseline projections. World agricultural outlook board, chair economic research service. World emerging market and developing economies china india brazil russia south africa subsaharan africa 2017 3. Imf world economic outlook weo, april 2015 table of contents. Longerterm, beyond 2021, the outlook for the global economy is highly uncertain, and we have removed the 5 and 10 year outlook until the conference board global economic outlook model will be fully recalibrated over the summer. Advanced economies percent change from a year earlier emerging economies percent change from a year earlier july weo 2012 20 2. 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 to shape global, regional and industry agendas. Overview of the world economic outlook projections 2 table 2. The world economic outlook in 2015 new york, 10 december 2014 global economic growth is forecast to increase marginally over the next two years, according to the united nations world economic situation and prospects 2015 wesp report, launched today.
Your company strives to thrive under the prevailing economic scenario, with a healthy blend of youth and experience in its workforce and is quite confident of taking up any challenge the future may reveal. 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. Cbos analysis of those factors accounts for the effects of. Exchange rates and oil prices futures calculated on the basis of a tenday moving average to 18 september 2014 and unchanged thereafter. Global economic and financial outlook unexpected shocks, the global gdp growth rate may be above 3. Overview of the world economic outlook projections 2 table 1. World economic outlook rupa duttagupta deputy division chief research department international monetary fund united nations, october 22, 2012. Official pdf, 264 pages world bank documents world bank group. It assesses the ongoing recovery from the global financial crisis in advanced and emerging market economies and evaluates risks, both upside and downside, including those associated with commodity prices, currency fluctuations, and financial market. At the end of 2018, the lei index remained positive, but there are indications that we are in the late stages of what is on track. Innovests longterm outlook for the economy and capital markets.
This report offers a comprehensive overview of the world. World economic outlook, october 2019 international monetary fund. The revisions reflect a reassessment of prospects in china, russia, the euro area, and japan as well as weaker activity in some major oil exporters because of the sharp drop in oil prices. Evolution of consensus forecasts for real gdp growth in. World economic outlook selected topics 181 tables table 1. Firstround trade balance impact from changes in commodity prices 28 table 1. Relative to last year, the outlook for advanced economies is improving, while growth in emerging market and developing economies is projected to be lower, primarily reflecting weaker prospects for some large emerging market economies and oilexporting countries. Innovests longterm outlook for the economy and capital.
World economic outlook international monetary fund world economic outlook. World economic outlook october 2017 research department, international monetary fund. The world economic outlook in 2015 united nations economic. The rosa luxemburg foundation is an internationally operating, progressive nonprofit institution. Prospects across the main countries and regions remain uneven. Tensions from the twospeed recovery further information and data this version of the world economic outlook is available in full on the imfs website, accom panying it on the website is a larger compilation of data from the weo database than is included in the report itself, including files containing. The imf in its recent publication of world economic outlook has raised indias growth projections to 7. Real gdp, consumer prices, current account balance, and unemployment 48 table 2. The pickup in growth projected in the april 2017 world economic outlook weo is strengthening. Despite this global growth, the caribbean continues to headline the industrys success.
New york, 10 december 2014 global economic growth is forecast to increase marginally over the next two years, according to the united nations world economic situation and prospects 2015 wesp report, launched today. The imf in its recent publication of world economic outlook has. Temporary oil price shock impact on gdp and current accounts. First, second and third world a list of states of the first, second and the third world, with an explanation of the terms. Impact on 201517 gdp deviations from one standard deviation increase in drivers annex table. World economic outlook international monetary fund. This issue discusses a number of factors affecting global growth, as well as growth prospects across the world s main countries and regions. In part, this reflects the requirement that each country shut down its economy and isolate its people in order to suppress the virus.