## Figure 1.12. Emerging Market Economies: Asset Prices and Fundamentals

## Source details

**Canonical URL:** [Figure 1.12. Emerging Market Economies: Asset Prices and Fundamentals](https://www.imf.org/-/media/files/publications/gfsr/2017/april/chapter-1/figure1-12d.csv)

## Other formats

- [Markdown version](/-/media/files/publications/gfsr/2017/april/chapter-1/figure1-12d.csv.md)
- [Structured JSON version](/-/media/files/publications/gfsr/2017/april/chapter-1/figure1-12d.csv.json)

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### 1. U.S. Rates and Emerging Market Spreads (Cumulative basis point change; May 22, 2013 = 0)
- Column headings:
  - Weeks
  - U.S. 10-year breakeven inflation rate
  - EM sovereign spreads
  - U.S. 10-year real yield
  - EM corporate spreads
- Sample weekly observations (preserve values exactly):
  - Weeks = -10: U.S. 10-year breakeven inflation rate = 31.51; EM sovereign spreads = -4.66; U.S. 10-year real yield = -28.84; EM corporate spreads = -11.13
  - Weeks = -9: U.S. 10-year breakeven inflation rate = 28.29; EM sovereign spreads = 8.05; U.S. 10-year real yield = -31.95; EM corporate spreads = 0.614
  - Weeks = -8: U.S. 10-year breakeven inflation rate = 26.38; EM sovereign spreads = 15.18; U.S. 10-year real yield = -37.69; EM corporate spreads = 9.806

### 2. U.S. Rates and Emerging Market Spreads (Cumulative basis point change; Nov. 7, 2016 = 0)
- Column headings:
  - Weeks
  - U.S. 10-year breakeven inflation rate
  - EM sovereign spreads
  - U.S. 10-year real yield
  - EM corporate spreads
- Sample weekly observations (preserve values exactly):
  - Weeks = -10: U.S. 10-year breakeven inflation rate = -19.9; EM sovereign spreads = 19.2; U.S. 10-year real yield = 5.16; EM corporate spreads = 3.322
  - Weeks = -9: U.S. 10-year breakeven inflation rate = -20.15; EM sovereign spreads = 13.12; U.S. 10-year real yield = 2.61; EM corporate spreads = 3.069
  - Weeks = -8: U.S. 10-year breakeven inflation rate = -17.29; EM sovereign spreads = 19.26; U.S. 10-year real yield = 7.09; EM corporate spreads = 6.772

### 3. Current Account and Foreign Reserves Adequacy, Change 2012 to 2016
- Column headings:
  - Current account balance (percent of GDP) [2012]
  - Current account balance (percent of GDP) [2016]
  - Reserve adequacy (percent of ARA metric) [2012]
  - Reserve adequacy (percent of ARA metric) [2016]
- Country/region sample entries (preserve values exactly):
  - Brazil: Current account balance (percent of GDP) = -3, -1.3; Reserve adequacy (percent of ARA metric) = 158.8, 189.9
  - Chile: Current account balance (percent of GDP) = -4, -1.4; Reserve adequacy (percent of ARA metric) = 114, 112
  - (Rows show header placeholders for China as "2012", "2016" under the current account columns in the sample; no numeric current account or reserve values for China are provided in the sampled rows.)

### 4. Emerging Market Economy Corporate Leverage, 2007-16 (Debt to equity, percent)
- Column headings:
  - 2007
  - 2008
  - 2009
  - 2010
  - 2011
  - 2012
  - 2013
  - 2014
  - 2015
  - 2016
- Country/region sample series (preserve values exactly):
  - China: 51.98, 63.17, 58.76, 63.28, 70.56, 73.68, 77.39, 78.89, 77.6, 73.22
  - Asia excluding China: 62.62, 66.05, 71.52, 69.28, 71.85, 77.01, 80.26, 81.74, 79.8, 80.21
  - Europe, Middle East, and Africa: 40.37, 48.21, 50.54, 45.59, 46.35, 44.9, 47.86, 59.42, 62.46, 54.34

*Dataset: figure1-12d (CSV) — Figure 1.12. Emerging Market Economies: Asset Prices and Fundamentals*

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_Source: https://www.imf.org/-/media/files/publications/gfsr/2017/april/chapter-1/figure1-12d.csv_