World Economic Outlook Text, September 2003
World Economic Outlook Database, September 2003
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WORLD ECONOMIC AND
FINANCIAL SURVEYS
World
Economic Outlook
Database -- WEO Groups and Aggregates Information
September 2003
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Country Composition of WEO Groups
The World Economic Outlook divides the world into three major country groups: advanced economies, developing countries, and countries in transition. Rather than being based on strict criteria, economic or otherwise, this classification has evolved over time with the objective of facilitating analysis by providing a reasonably meaningful organization of data. A few countries are presently not included in these groups, either because they are not IMF members, and their economies are not monitored by the IMF, or because databases have not yet been compiled. Cuba and the Democratic People's Republic of Korea are examples of countries that are not IMF members, whereas San Marino, among the advanced economies, is an example of an economy for which a database has not been completed
Please note that Table 1.2. Emerging Market Economies: Net Capital Flows in the publication contains groupings specific to that table. Further details on the regional and analytical classifications are available in the introduction to the WEO's Statistical Appendix.
Advanced economies
· Major advanced economies
· Euro area
· European Union
· Newly industrialized Asian economies
· Other advanced economies
Developing countries
· Africa
· Africa, Sub-Sahara
· Developing Asia
· ASEAN-4
· Middle East and Turkey
· Western Hemisphere
Countries in transition
· Central and eastern Europe
· Commonwealth of Independent States and Mongolia
Groups Specific to Table 1.2. Emerging Market Economies: Net Capital Flows
Emerging market economies
· Developing Asia, emerging market countries
· Middle East and Turkey including Israel
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Advanced Economies |
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Australia
Austria
Belgium
Canada
Cyprus
Denmark
Finland
France
Germany
Greece |
Hong Kong SAR
Iceland
Ireland
Israel
Italy
Japan
Korea
Luxembourg
Netherlands
New Zealand |
Norway
Portugal
Singapore
Spain
Sweden
Switzerland
Taiwan Province of China
United Kingdom
United States |
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Major Advanced Economies |
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Canada
France
Germany |
Italy
Japan
United Kingdom |
United States |
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Euro Area |
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Austria
Belgium
Finland
France |
Germany
Greece
Ireland
Italy |
Luxembourg
Netherlands
Portugal
Spain |
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European Union |
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Austria
Belgium
Denmark
Finland
France |
Germany
Greece
Ireland
Italy
Luxembourg |
Netherlands
Portugal
Spain
Sweden
United Kingdom |
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Newly Industrialized Asian Economies |
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Hong Kong SAR
Korea |
Singapore
Taiwan Province of China |
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Other Advanced Economies |
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Australia
Austria
Belgium
Cyprus
Denmark
Finland
Greece
Hong Kong SAR |
Iceland
Ireland
Israel
Korea
Luxembourg
Netherlands
New Zealand
Norway |
Portugal
Singapore
Spain
Sweden
Switzerland
Taiwan Province of China |
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Developing Countries |
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Afghanistan 1
Algeria
Angola
Antigua & Barbuda
Argentina
Bahamas
Bahrain
Bangladesh
Barbados
Belize
Benin
Bhutan
Bolivia
Botswana
Brazil
Brunei Darussalam 2
Burkina Faso
Burundi
Cambodia
Cameroon
Cape Verde
Central African Rep.
Chad
Chile
China
Colombia
Comoros
Congo, Dem. Rep. of
Congo, Rep. of
Costa Rica
Cote d'Ivoire
Djibouti
Dominica
Dominican Rep.
Ecuador
Egypt
El Salvador
Equatorial Guinea
Eritrea 2
Ethiopia
Fiji
Gabon |
Gambia, The
Ghana
Grenada
Guatemala
Guinea
Guinea-Bissau
Guyana
Haiti
Honduras
India
Indonesia
Iran, Islamic Rep. of
Iraq 1
Jamaica
Jordan
Kenya
Kiribati
Kuwait
Lao P.D. Rep.
Lebanon
Lesotho
Liberia 1,2
Libya
Madagascar
Malawi
Malaysia
Maldives
Mali
Malta
Mauritania
Mauritius
Mexico
Morocco
Mozambique
Myanmar
Namibia
Nepal
Netherlands Antilles
Nicaragua
Niger
Nigeria
Oman |
Pakistan
Panama
Papua New Guinea
Paraguay
Peru
Philippines
Qatar
Rwanda
Samoa
São Tomé & Príncipe
Saudi Arabia
Senegal
Seychelles
Sierra Leone
Solomon Islands
Somalia 1
South Africa
Sri Lanka
St. Kitts & Nevis
St. Lucia
St. Vincent & the Grenadines
Sudan
Suriname
Swaziland
Syrian Arab Rep.
Tanzania
Thailand
Togo
Tonga
Trinidad & Tobago
Tunisia
Turkey
Uganda
United Arab Emirates
Uruguay
Vanuatu
Venezuela
Vietnam
Yemen, Rep. of
Zambia
Zimbabwe |
1Because of data quality concerns; this country is not released in the WEO database.
2Because of insufficient data, this country is not included in the WEO aggregates.
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Africa |
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Algeria
Angola
Benin
Botswana
Burkina Faso
Burundi
Cameroon
Cape Verde
Central African Rep.
Chad
Comoros
Congo, Dem. Rep. of
Congo, Rep. of
Cote d'Ivoire
Djibouti
Equatorial Guinea
Eritrea 2 |
Ethiopia
Gabon
Gambia, The
Ghana
Guinea
Guinea-Bissau
Kenya
Lesotho
Liberia 1,2
Madagascar
Malawi
Mali
Mauritania
Mauritius
Morocco
Mozambique
Namibia |
Niger
Nigeria
Rwanda
São Tomé & Príncipe
Senegal
Seychelles
Sierra Leone
Somalia 1
South Africa
Sudan
Swaziland
Tanzania
Togo
Tunisia
Uganda
Zambia
Zimbabwe |
1Because of data quality concerns; this country is not released in the WEO database.
2Because of insufficient data, this country is not included in the WEO aggregates.
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Africa, Sub-Sahara |
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Africa excluding Algeria, Morocco, and Tunisia |
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Developing Asia |
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Afghanistan 1
Bangladesh
Bhutan
Brunei Darussalam 2
Cambodia
China
Fiji
India
Indonesia |
Kiribati
Lao P.D. Rep.
Malaysia
Maldives
Myanmar
Nepal
Pakistan |
Papua New Guinea
Philippines
Samoa
Solomon Islands
Sri Lanka
Thailand
Tonga
Vanuatu
Vietnam |
1Because of data quality concerns; this country is not released in the WEO database.
2Because of insufficient data, this country is not included in the WEO aggregates.
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ASEAN-4 |
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Indonesia, Malaysia, Philippines and Thailand |
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Middle East and Turkey |
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Afghanistan 1
Bahrain
Egypt
Iran, Islamic Rep. of
Iraq 1
Jordan |
Kuwait
Lebanon
Libya
Malta
Oman
Qatar |
Saudi Arabia
Syrian Arab Rep.
Turkey
United Arab Emirates
Yemen, Rep. of |
1Because of data quality concerns; this country is not released in the WEO database.
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Western Hemisphere |
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Antigua & Barbuda
Argentina
Bahamas
Barbados
Belize
Bolivia
Brazil
Chile
Colombia
Costa Rica
Dominica |
Dominican Rep.
Ecuador
El Salvador
Grenada
Guatemala
Guyana
Haiti
Honduras
Jamaica
Mexico
Netherlands Antilles |
Nicaragua
Panama
Paraguay
Peru
St. Kitts & Nevis
St. Lucia
St. Vincent & the Grenadines
Suriname
Trinidad & Tobago
Uruguay
Venezuela |
Countries in Transition
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Central and Eastern Europe |
CIS and Mongolia |
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Albania
Bosnia & Herzegovina 1
Bulgaria
Croatia1
Czech Rep.
Estonia
Hungary
Latvia |
Lithuania
Macedonia 1
Poland
Romania
Serbia & Montenegro 1
Slovak Rep.
Slovenia 1 |
Armenia
Azerbaijan
Belarus
Georgia
Kazakhstan
Kyrgyz Rep.
Moldova |
Mongolia
Russia
Tajikistan
Turkmenistan
Ukraine
Uzbekistan |
1Because of insufficient data, this country is not included in the WEO aggregates.
Groups Specific to Table 1.2. Emerging Market Economies: Net Capital Flows
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Emerging Market Economies |
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All countries comprising Developing Countries, Countries in Transition, plus the following Advanced Economies: Israel, Korea, Singapore, and Taiwan Province of China. Excludes Hong Kong SAR. |
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Developing Asia |
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Countries comprising Developing Asia plus Korea, Singapore, and Taiwan Province of China. |
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Middle East and Turkey |
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Countries comprising the Middle East and Turkey plus Israel. |
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