World economic outlook international monetary fund. Center for economic and policy research 1611 connecticut ave. The economy experienced a broadbased increase in real gdp growth to 6. Ags, an rr donnelley company cataloginginpublication data joint bankfund library names. The weo is prepared by the imf staff and has benefited from comments and suggestions by executive directors following their discussion of the report on september 23, 2016. The international monetary fund imf is an international organization headquartered in washington, d. Measuring regulatory quality and efficiency, the world bank. In its latest report, the imf revised down its outlook for 2016 global growth by 0. World economic outlook, october 2015 adjusting to lower commodity prices this issue discusses a number of factors affecting global growth, as well as growth prospects across the worlds main countries and regions. The world economy is increasingly at risk of stalling, the international monetary fund warned as it once again cut its forecast for global growth prospects. The lions share of the downward revision for global demand comes from oil exportersdespite their. Stronger activity, expectations of more robust global demand, reduced deflationary pressures.
This weo update briefly elaborates on these themes and their implications for policymakers. Stronger activity, expectations of more robust global demand, reduced deflationary pressures, and optimistic. For 2017, the imf is forecasting world growth of 3. Wor l d econom i c a nd f i na n ci a l s ur v ey s. International monetary fund, world economic outlook. Imf includes puerto rico in world economic outlook for.
Mar 24, 2016 to address this question, the forthcoming april 2016 world economic outlook compares 2015 domestic demand growth in oil importers and oil exporters to what we expected in april 2015after the first substantial decline in oil prices. The views expressed in this publication are those of the. These have severely impacted the economy and compounded structural vulnerabilities. The impact on the rest of the world through business travel and tourism, supply chains, commodities and lower confidence is growing.
As a result, the global outlook for 201617 has worsened, despite the betterthan expected. Contents international monetary fund october 2016 v tables table 1. Brexit has worsened the outlook for global economic. Imf world economic outlook weo update, january 2016. The world economic outlook weo database contains selected macroeconomic data. World economic outlook, october 2015 imf bookstore. The analysis and projections contained in the world economic outlook are integral elements of the imf s surveil. In the october world economic outlook, we described the global economy as in a synchronized slowdown, with escalating downside risks that could further derail growth. Inflation moderated from 7 percent in 2016 17 to 5. A rare disaster, a coronavirus pandemic, has resulted in a tragically large number of human lives being lost. World emerging market and developing economies china india brazil russia south africa subsaharan africa 2017 3. Iraq has faced two simultaneous crises since the second half of 2014.
Imf lowers global economic outlook after brexit vote. The world economic outlook report a survey by the imf staff usually published twice a year. The international monetary fund imf attributes the weakening of the kes to reduction in foreign. In its latest world economic outlook released tuesday, the fund highlighted the threats from the antitrade movement to an already subdued global expansion. Confirming the worlds positive outlook on the continent, african governments have been able to tap into international capital markets through sovereign bond issuances. Contents business environment outward direct investment odi foreign direct investment fdi 02 14 38 china outlook 2016 1 2016 kpmg huazhen llp a peoples republic of china partnership, kpmg advisory china limited a wholly foreign owned enterprise in china, and kpmg a hong kong partnership, are member firms of the. The world economic outlook weo is a survey by the imf. The world economic outlook weo is a survey by the imf staff published twice a year, in. Overview of the world economic outlook projections 2 annex table 1. While the outlook remains positive, risks have intensified. Mozambiques economic outlook governance challenges holding back economic potential 6 mozambique cagr by sector %, 20002014 source. Since then, some risks have partially receded with the announcement of a uschina phase i trade deal and lower likelihood of a nodeal brexit. Economic forecast november 2019 spain november 21, 2019 the economy is projected to grow at 2.
A report by the international monetary fund imf that contains analysis and projections of the integral elements of the imfs surveillance of economic developments. African economic outlook 2016 algeria angola benin botswana burkina faso burundi cabo verde cameroon central african republic chad comoros congo congo, dem. Growth in the manufacturing sector in recent years 11. Economic outlook 2016 7 exchange rates the kes depreciated by 8% against the usd, by 4% against the british pound gbp and by 14% against the euro eur between april 2015 and april 2016 according to the knbs.
African economic outlook 2016 african development bank. Outlook cambodias high growth trajectory is expected to continue. According to the october 2016 world economic outlook, global growth is. In its latest world economic outlook, the imf said that it is revising its baseline outlook for 2016 global growth down by 0. Kenya economic outlook 2016 the story behind the numbers. With 189 member countries, staff from more than 170 countries, and offices in over locations, the world bank group is a unique global partnership. Imf includes puerto rico in world economic outlook for first. Thats still a touch more optimistic than the federal reserves projection of 2% growth for the u. Highlights download report english download report khmer sections in this edition.
Backlash to world economic order clouds outlook at imf. According to the october 2016 world economic outlook, global growth is projected to slow to 3. Eur imf estimates are similar for 2018 and slightly lower for 2019. Use the free adobe acrobat reader to view this pdf file. Imf s world economic outlook database, october 2015.
Seeking sustainable growthshortterm recovery, longterm challenges international monetary fund october 2017 global current account imbalances have been broadly unchanged since 20, with a marginal narrowing in 2016 that is projected to continue in 2017 and the following few years figure 1. It presents imf staff economists analyses of global economic developments during the near and medium term. 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. Global risks of highest concern for doing business 2016. Maurice obstfeld, chief economist at international monetary fund, discusses the imfs world economic outlook, with a focus on china, the postbrexit u. Mark weisbrot is codirector at the center for economic and policy research, in washington d. Real gdp, consumer prices, current account balance. World economic outlook, october 2016 imf bookstore. Brexit has worsened the outlook for global economic growth. Among oil importing economies, increasing growth is predicated on policy reform progress and. Jul 19, 2016 in its latest world economic outlook, the imf said that it is revising its baseline outlook for 2016 global growth down by 0. 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. San juan the international monetary fund imf published tuesday its world economic outlook weo report for 2016, in which for the very first time in history, puerto rico is included. Apr 12, 2016 imf chief economist maury obstfeld introduces the world economic outlook 2016 and highlights the funds findings and recommendations for policymakers going forward.
The world has changed dramatically in the three months since our last update of the world economic outlook in january. World economic outlook weo definition investopedia. Iraqs economic outlook spring 2016 the latest mena economic monitor report spring 2016, expects iraqs economy to recover from a low base, growing at 7. World economic outlook report united nations system. The recovery is projected to strengthen in 2017 and beyond, driven primarily by emerging market and developing economies, as conditions in stressed economies start gradually to normalize. Imf world economic outlook bahamas financial services board. Imf, world bank see brexit deal boosting global growth outlook. 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 baseline projection for global growth in 2016 is a modest 3. Recent economic developments and outlook world bank. To address this question, the forthcoming april 2016 world economic outlook compares 2015 domestic demand growth in oil importers and oil exporters to what we expected in april 2015after the first substantial decline in oil prices. The world economic outlook weo is a survey by the imf staff published twice a year, in the spring and fall.
Recent economic developments and outlook april 2018 selected issue. Cote divoire djibouti egypt equatorial guinea eritrea ethiopia gabon gambia ghana guinea guineabissau kenya lesotho liberia libya madagascar malawi mali mauritania mauritius. The latest mena economic monitor report spring 2016, expects iraqs economy to recover from a low base, growing at 7. Growth among oil exporters is anticipated to pick up to 2. Europe and central asia as a region with a generally high degree of openness, europe and central asia eca is vulnerable to spillovers from major. World economic outlook april 2020 april 14, 2020 the imf gdp growth forecast for spain. 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. Projections for these indicators are provided only through 2021. Imf chief economist maury obstfeld introduces the world economic outlook 2016 and highlights the funds findings and recommendations for policymakers going forward. Jan 16, 2017 maurice obstfeld, chief economist at international monetary fund, discusses the imfs world economic outlook, with a focus on china, the postbrexit u. World economic outlook transitions and tensions 1 rupa duttagupta deputy division chief research department, imf united nations, project link meetings, october 21, 20. Chapters give an overview as well as more detailed analysis of the world economy. Due to the high level of uncertainty in current global economic conditions, the april 2020 weo database and statistical tables contain only these indicators. Risks to the global outlook remain tilted to the downside and relate to ongoing adjustments in the global economy.
Aggregate gdp in latin america and the caribbean is now projected to contract in 2016 as well, albeit at a smaller rate than in 2015, despite positive growth in most countries in the region. While growth could be stronger if reduced trade tensions mitigate uncertainty, the balance of risks is to the downside. The weo is released in april and septemberoctober each year. This reflects the recession in brazil and other countries in economic distress. For optimum experience we recommend to update your browser to the latest version. The timorese authorities have revised the compilation.
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