## Figure 1.11. Emerging Market and Developing Economies: Financial Conditions and GDP Growth

## Source details

**Canonical URL:** [Figure 1.11. Emerging Market and Developing Economies: Financial Conditions and GDP Growth](https://www.imf.org/-/media/files/publications/gfsr/2018/oct/ch1/csv/figure1-11.csv)

## Other formats

- [Markdown version](/-/media/files/publications/gfsr/2018/oct/ch1/csv/figure1-11.csv.md)
- [Structured JSON version](/-/media/files/publications/gfsr/2018/oct/ch1/csv/figure1-11.csv.json)

---

### Dataset scope and structure
- Worksheet name: csv
- Row count: 49
- Column count: 30
- Title and notes present in the sheet:
  - "1. Emerging Market (Excluding China) Financial Conditions Index"
  - "(Z-scores over 1996-2018:Q3)"
  - "2. GDP Growth"
  - "(Share of countries; GDP growth in percent)"
- Key column headings (as they appear): "Index", "EM external costs", "Corporate valuations", "Interest rates", "House prices", and a series of GDP growth bins and year-end dates: "<-3%", "-3 to 0%", "0 to 1%", followed by "12/31/2003", "12/31/2004", "12/31/2005", "12/31/2006", "12/31/2007", "12/31/2008", "12/31/2009", "12/31/2010", "12/31/2011", "12/31/2012", "12/31/2013", "12/31/2014", "12/31/2015", "12/31/2016", "12/31/2017", "12/31/2018", "12/31/2019", "12/31/2020", "12/31/2021", "12/31/2022"

### Sample observations (preserving values exactly)
- Row dated "3/31/2012":
  - Index: "0.25"
  - EM external costs: "-0.03"
  - Corporate valuations: "0"
  - Interest rates: "0.3"
  - House prices: "-0.02"
  - GDP growth bin label: "<-3%"
  - Year-end series values: "4.64", "1.99", "2.63", "1.97", "1.32", "1.97", "20.39", "2.63", "2.65", "2.61", "1.96", "1.96", "6.54", "6.54", "6.54", "3.27", "1.96", "0.65", "0.65", "0.65"
- Row dated "6/30/2012":
  - Index: "0.3"
  - EM external costs: "0.01"
  - Corporate valuations: "0.1"
  - Interest rates: "0.21"
  - House prices: "-0.02"
  - GDP growth bin label: "-3 to 0%"
  - Year-end series values: "7.28", "4.64", "4.61", "3.95", "3.95", "7.24", "17.11", "9.21", "5.96", "13.07", "7.84", "7.84", "5.88", "7.84", "5.23", "5.23", "3.92", "2.61", "2.61", "1.96"
- Row dated "9/30/2012":
  - Index: "0.05"
  - EM external costs: "-0.06"
  - Corporate valuations: "0.04"
  - Interest rates: "0.08"
  - House prices: "-0.01"
  - GDP growth bin label: "0 to 1%"
  - Year-end series values: "3.31", "3.97", "2.63", "1.32", "3.95", "5.92", "7.24", "4.61", "5.96", "3.27", "5.23", "8.5", "8.5", "5.88", "6.54", "3.92", "3.92", "3.27", "2.61", "2.61"

### Intended analytical use
- The dataset links an Emerging Market (excluding China) Financial Conditions Index (component Z-scores) to country-level GDP growth categories (shares of countries by GDP growth bins and year-end GDP growth percent series).
- Variables available for analysis (as labeled): Index, EM external costs, Corporate valuations, Interest rates, House prices, GDP growth bins, and a sequence of year-end values from "12/31/2003" through "12/31/2022".

*Source: figure1-11 (csv worksheet) — dataset overview*

---


_Source: https://www.imf.org/-/media/files/publications/gfsr/2018/oct/ch1/csv/figure1-11.csv_