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World Economic Outlook Reports

A Survey by the IMF staff usually published twice a year. It presents IMF staff economists' analyses of global economic developments during the near and medium term. Chapters give an overview as well as more detailed analysis of the world economy; consider issues affecting industrial countries, developing countries, and economies in transition to market; and address topics of pressing current interest. Annexes, boxes, charts, and an extensive statistical appendix augment the text.
See also, the World Economic Databases

October 26, 2014



2014

IMF World Economic Outlook (WEO), October 2014: Legacies, Clouds, Uncertainties -- Table of Contents

Description: Despite setbacks, an uneven global recovery continues. Largely due to weaker-than-expected global activity in the first half of 2014, the growth forecast for the world economy has been revised downward to 3.3 percent for this year, 0.4 percentage point lower than in the April 2014 World Economic Outlook (WEO). The global growth projection for 2015 was lowered to 3.8 percent. Table of Contents...
Date: October 07, 2014

IMF World Economic Outlook (WEO) Update: An Uneven Global Recovery Continues

Description: The global growth projection for 2014 has been marked down by 0.3 percent to 3.4 percent, reflecting both the legacy of the weak first quarter, particularly in the United States, and a less optimistic outlook for several emerging markets. With somewhat stronger growth expected in some advanced economies next year, the global growth projection for 2015 remains at 4 percent.
Date: July 24, 2014

IMF World Economic Outlook (WEO) - Recovery Strengthens, Remains Uneven, April 2014

Description: IMF World Economic Outlook (WEO), April 2014 -- Table of Contents: Global activity has broadly strengthened and is expected to improve further in 2014–15, according to the April 2014 WEO, with much of the impetus for growth coming from advanced economies. Although downside risks have diminished overall, lower-than-expected inflation poses risks for advanced economies, there is increased financial volatility in emerging market economies, and increases in the cost of capital will likely dampen investment and weigh on growth. Advanced economy policymakers need to avoid a premature withdrawal of monetary accommodation. Emerging market economy policymakers must adopt measures to changing fundamentals, facilitate external adjustment, further monetary policy tightening, and carry out structural reforms. The report includes a chapter that analyzes the causes of worldwide decreases in real interest rates since the 1980s and concludes that global rates can be expected to rise in the medium term, but only moderately. Another chapter examines factors behind the fluctuations in emerging market economies’ growth and concludes that strong growth in China played a key role in buffering the effects of the global financial crisis in these economies.
Date: April 03, 2014

IMF World Economic Outlook (WEO) Update: Is the Tide Rising?, January 2014

Description: Global activity strengthened during the second half of 2013, as anticipated in the October 2013 World Economic Outlook (WEO). Activity is expected to improve further in 2014–15, largely on account of recovery in the advanced economies. Global growth is now projected to be slightly higher in 2014 at around 3.7 percent, rising to 3.9 percent in 2015, a broadly unchanged outlook from the October 2013 WEO. But downward revisions to growth forecasts in some economies highlight continued fragilities, and downside risks remain.
Date: January 21, 2014



2013

IMF World Economic Outlook (WEO) - Transitions and Tensions, October 2013 -- Table of Contents

Description: IMF World Economic Outlook (WEO), October 2013 -- table of Contents: Global growth is in low gear, and the drivers of activity are changing. These dynamics raise new policy challenges. Advanced economies are growing again but must continue financial sector repair, pursue fiscal consolidation, and spur job growth. Emerging market economies face the dual challenges of slowing growth and tighter global financial conditions. This issue of the World Economic Outlook examines the potential spillovers from these transitions and the appropriate policy responses. Chapter 3 explores how output comovements are influenced by policy and financial shocks, growth surprises, and other linkages. Chapter 4 assesses why certain emerging market economies were able to avoid the classical boom-and-bust cycle in the face of volatile capital flows during the global financial crisis.
Date: October 07, 2013

IMF World Economic Outlook (WEO) Update -- Growing Pains, July 2013

Description: ... World Economic Outlook Update. ... This is less than forecast in the April 2013
World Economic Outlook (WEO), driven to a large extent by appreciably ...
Date: July 09, 2013

IMF World Economic Outlook (WEO) - Hopes, Realities, and Risks, April 2013 -- Table of Contents

Description: IMF World Economic Outlook (WEO), April 2013 -- table of Contents...
Date: April 16, 2013

IMF World Economic Outlook (WEO) Update -- Gradual Upturn in Global Growth During 2013, January 2013

Description: ... Against this backdrop, the projections in this WEO Update imply that global
growth will strengthen gradually through 2013, averaging 3.5 percent ...
Date: January 23, 2013



2012

IMF World Economic Outlook (WEO) - Coping with High Debt and Sluggish Growth, October 2012 -- Table of Contents

Description: IMF World Economic Outlook (WEO), October 2012 -- table of Contents...
Date: October 09, 2012

IMF World Economic Outlook (WEO) Update -- New Setbacks, Further Policy Action Needed, July 2012

Description: ... Partly because of a somewhat better-than-expected first quarter, the revised
baseline projections in this WEO Update suggest that these ...
Date: July 16, 2012

IMF World Economic Outlook (WEO) - Growth Resuming, Dangers Remain, April 2012 -- Table of Contents

Description: IMF World Economic Outlook (WEO), April 2012 -- table of Contents...
Date: April 17, 2012

IMF World Economic Outlook (WEO) Update -- Global Recovery Stalls, Downside Risks Intensify, January 2012

Description: ... is now expected to go into a mild recession in 2012—consistent with what
was presented as a downside scenario in the January 2011 WEO Update ...
Date: January 24, 2012



2011

IMF World Economic Outlook (WEO) - Slowing Growth, Rising Risks, September 2011 -- Table of Contents

Description: IMF World Economic Outlook (WEO), September 2011 -- table of Contents...
Date: September 21, 2011

IMF World Economic Outlook (WEO) Update -- Mild Slowdown of the Global Expansion, and Increasing Risks, June 2011

Description: Activity is slowing down temporarily, and downside risks have increased again. The global expansion remains unbalanced. Growth in many advanced economies is still weak, considering the depth of the recession. In addition, the mild slowdown observed in the second quarter of 2011 is not reassuring.
Date: June 17, 2011

IMF World Economic Outlook (WEO) - Tensions from the Two-Speed Recovery: Unemployment, Commodities, and Capital Flows, April 2011 -- Table of Contents

Description: IMF World Economic Outlook (WEO), April 2011 -- table of Contents...
Date: April 11, 2011

IMF World Economic Outlook (WEO) Update -- Global Recovery Advances but Remains Uneven, January 2011

Description: The two-speed recovery continues. In advanced economies, activity has moderated less than expected, but growth remains subdued, unemployment is still high, and renewed stresses in the euro area periphery are contributing to downside risks. In many emerging economies, activity remains buoyant, inflation pressures are emerging, and there are now some signs of overheating, driven in part by strong capital inflows.
Date: January 25, 2011



2010

IMF World Economic Outlook (WEO) - Recovery, Risk, and Rebalancing, October 2010 -- Table of Contents

Description: Global economic recovery rests on two rebalancing acts: internal rebalancing to strengthen private demand in advanced economies, and external rebalancing to increase net exports in deficit countries and decrease net exports in surplus countries. This October 2010 edition of the World Economic Outlook examines the dynamics of such global rebalancing. Table of Contents...
Date: October 06, 2010

IMF World Economic Outlook (WEO) Update -- Restoring Confidence without Harming Recovery, July 2010

Description: World growth is projected at about 4½ percent in 2010 and 4¼ percent in 2011. Relative to the April 2010 World Economic Outlook (WEO), this represents an upward revision of about ½ percentage point in 2010, reflecting stronger activity during the first half of the year. The forecast for 2011 is unchanged.
Date: July 07, 2010

IMF World Economic Outlook (WEO) - Rebalancing Growth, April 2010 -- Table of Contents

Description: The global economic recovery is progressing better than expected, but the speed of recovery varies, as outlined in the April 2010 World Economic Outlook. Some economies, notably in Asia, are off to a strong start, but growth in others is constrained by lasting damage to the financial sector and household balance sheets. The challenge for policymakers is to ensure a smooth transition of demand, while maintaining supports that promote growth and employment. There is also a need to contain and reduce public debt and repair and reform the financial sector. This issue of the WEO also explores two other key challenges in the wake of the Great Recession: how to spur job creation in the face of likely high and persistent unemployment in advanced economies, and how economies that previously ran large current account surpluses or deficits can promote growth by rebalancing external and domestic demand...Table of Contents...
Date: April 14, 2010

IMF World Economic Outlook (WEO) Update -- A Policy-Driven, Multispeed Recovery, January 2010

Description: The global recovery is off to a stronger start than anticipated earlier but is proceeding at different speeds in the various regions (Table 1. and Figure 1). Following the deepest global downturn in recent history, economic growth returned and broadened to advanced economies in the second half of 2009.
Date: January 26, 2010



2009

IMF World Economic Outlook (WEO) - Sustaining the Recovery, October 2009 -- table of contents

Description: After a deep recession, global economic growth has turned positive, driven by wide-ranging, coordinated public intervention that has supported demand and reduced uncertainty and systemic risk in financial markets. Table of content...
Date: September 22, 2009

IMF World Economic Outlook (WEO) Update -- Contractionary Forces Receding But Weak Recovery Ahead, July 2009

Description: The global economy is beginning to pull out of a recession unprecedented in the post-World War II era, but stabilization is uneven and the recovery is expected to be sluggish. Economic growth during 2009-10 is now projected to be about 1/2 percentage points higher than projected in the April 2009 World Economic Outlook (WEO), reaching 2.5 percent in 2010.
Date: July 08, 2009

IMF World Economic Outlook (WEO) - Crisis and Recovery, April 2009

Description: The semiannual World Economic Outlook reviews global macroeconomic developments, forecasts growth, and cites risks. Table of contents...
Date: April 16, 2009

IMF World Economic Outlook (WEO) Update -- Global Economic Slump Challenges Policies, January 2009

Description: World growth is projected to fall to ½ percent in 2009, its lowest rate since World War II. Despite wide-ranging policy actions, financial strains remain acute, pulling down the real economy.
Date: January 28, 2009



2008

IMF World Economic Outlook (WEO) Update -- Rapidly Weakening Prospects Call for New Policy Stimulus - November 2008

Description: Prospects for global growth have deteriorated over the past month, as financial sector deleveraging has continued and producer and consumer confidence have fallen. Accordingly, world output is projected to expand by 2.2 percent in 2009, down by some ¾ percentage point of GDP relative to the projections in the October WEO.
Date: November 06, 2008

IMF World Economic Outlook (WEO) - Financial Stress, Downturns, and Recoveries, October 2008

Description: The semiannual World Economic Outlook reviews global macroeconomic developments, forecasts growth, and cites risks. Table of contents...
Date: October 02, 2008

IMF World Economic Outlook (WEO) Update -- Global slowdown and rising inflation, July 2008

Description: The global economy is in a tough spot, caught between sharply slowing demand in many advanced economies and rising inflation everywhere, notably in emerging and developing economies...
Date: July 15, 2008

IMF World Economic Outlook (WEO) - Housing and the Business Cycle, April 2008

Description: The semiannual World Economic Outlook reviews global macroeconomic developments, forecasts growth, and cites risks. Table of contents...
Date: April 03, 2008

IMF World Economic Outlook (WEO) Update -- An update of the key WEO projections, January 2008

Description: Following strong growth through the third quarter of 2007, the global economic expansion has begun to moderate in response to continuing financial turbulence. Global growth is projected to decelerate from 4.9 percent in 2007 to 4.1 percent in 2008, a markdown of 0.3 percentage point relative to the October 2007 World Economic Outlook. Risks to the outlook remain tilted to the downside.
Date: January 29, 2008



2007

IMF World Economic Outlook (WEO) -- Globalization and Inequality, October 2007

Description: The semiannual World Economic Outlook reviews global macroeconomic developments, forecasts growth, and cites risks. Table of contents...
Date: October 09, 2007

IMF World Economic Outlook (WEO) Update -- An update of the key WEO projections, July 2007

Description: The strong global expansion is continuing, and projections for global growth in both 2007 and 2008 have been revised up to 5.2 percent from 4.9 percent at the time of the April 2007 World Economic Outlook (WEO). Risks to this favorable outlook remain modestly tilted to the downside. Table 1 provides an overview of the WEO projections.
Date: July 25, 2007

IMF World Economic Outlook (WEO) -- Spillovers and Cycles in the Global Economy, April 2007

Description: The semiannual World Economic Outlook reviews global macroeconomic developments, forecasts growth, and cites risks. Table of contents...
Date: April 11, 2007



2006

IMF World Economic Outlook (WEO) -- Financial Systems and Economic Cycles, September 2006

Description: World Economic Outlook (WEO) Table of Contents with links to the full text in PDF format. While the central focus of World Economic Outlook is a comprehensive review of recent global developments, forecasts and risks, and current policy recommendations, it also contains analytical chapters providing an in-depth analysis of a variety of topical policy issues that help underpin the policy advice.
Date: September 14, 2006

IMF World Economic Outlook (WEO) -- Globalization and Inflation, April 2006

Description: April 2006 World Economic Outlook (WEO) Table of Contents with links to the full text in PDF format...
Date: April 13, 2006



2005

IMF World Economic Outlook (WEO) -- Building Institutions, September 2005

Description: September 2005 World Economic Outlook (WEO) Table of Contents with links to the full text in PDF format...
Date: September 14, 2005

IMF World Economic Outlook (WEO) -- April 2005

Description: The April 2005 World Economic Outlook (WEO) Table of Contents with links to the full text in PDF format...
Date: April 07, 2005



2004

IMF World Economic Outlook (WEO)-- September 2004

Description: The September 2004 World Economic Outlook (WEO) Table of Contents with links to the full text in PDF format...
Date: September 29, 2004

IMF World Economic Outlook (WEO)-- April 2004

Description: The April 2004 World Economic Outlook (WEO) Table of Contents with links to the full text in PDF format...
Date: April 14, 2004



2003

IMF World Economic Outlook (WEO)-- September 2003

Description: The September 2003 World Economic Outlook (WEO) Table of Contents with links to the full text in PDF format...
Date: September 13, 2003

IMF World Economic Outlook (WEO)-- April 2003

Description: The April 2003 World Economic Outlook (WEO) Table of Contents with links to the full text in PDF format...
Date: April 09, 2003



2002

IMF World Economic Outlook (WEO)-- September 2002

Description: The September 2002 World Economic Outlook (WEO) Table of Contents with links to the full text in PDF format...
Date: September 25, 2002

IMF World Economic Outlook (WEO), April 2002--Contents

Description: The April 2002 World Economic Outlook (WEO) Table of Contents with links to the full text in PDF format...
Date: April 18, 2002



2001

IMF World Economic Outlook (WEO), The Global Economy After September 11, December 2001--Contents

Description: The December 2001 World Economic Outlook (WEO) Table of Contents with links to the full text in PDF format...
Date: December 18, 2001

IMF World Economic Outlook (WEO), The Information Technology Revolution, October 2001--Contents

Description: The October 2001 World Economic Outlook (WEO) Table of Contents with links to the full text in PDF format...
Date: September 26, 2001

IMF World Economic Outlook (WEO), Fiscal Policy and Macroeconomic Stability, May 2001--Contents

Description: The May 2001 World Economic Outlook (WEO) Table of Contents with links to the full text in PDF format...
Date: April 26, 2001



2000

IMF World Economic Outlook (WEO), Focus on Transition Economies, October 2000--Contents

Description: The October 2000 World Economic Outlook (WEO) Table of Contents with links to the full text in PDF format...
Date: September 19, 2000

IMF World Economic Outlook (WEO), Asset Prices and the Business Cycle, May 2000--Contents

Description: The May 2000 World Economic Outlook (WEO) Table of Contents with links to the full text in PDF format...
Date: May 12, 2000



1999

IMF World Economic Outlook (WEO), Safeguarding Macroeconomic Stability at Low Inflation, October 1999 -- Contents

Description: The October 1999 World Economic Outlook (WEO) Table of Contents with links to the full text in PDF format...
Date: September 22, 1999

IMF World Economic Outlook (WEO), International Financial Contagion, May 1999--Contents

Description: The May 1999 World Economic Outlook (WEO) Table of Contents with links to the full text in PDF format...
Date: May 01, 1999



1998

IMF World Economic Outlook (WEO), Financial Turbulence and the World Economy, October 1998--Contents

Description: The October 1998 World Economic Outlook (WEO) Table of Contents with links to the full text in PDF format...
Date: October 01, 1998

IMF World Economic Outlook (WEO), Financial Crises: Causes and Indicators, May 1998--Contents

Description: The May 1998 World Economic Outlook (WEO) Table of Contents with links to the full text in PDF format...
Date: May 01, 1998



1993

IMF World Economic Outlook (WEO), May 1993 -- Contents

Description: The May 1993 World Economic Outlook (WEO) Table of Contents with links to the full text in PDF format...
Date: June 15, 1993