## Figure 1.21. Recent Pressures and Outlook for Portfolio Flows to Emerging Markets

## Source details

**Canonical URL:** [Figure 1.21. Recent Pressures and Outlook for Portfolio Flows to Emerging Markets](https://www.imf.org/-/media/files/publications/gfsr/2019/april/english/ch1data/ch1csv/figure1-21.csv)

## Other formats

- [Markdown version](/-/media/files/publications/gfsr/2019/april/english/ch1data/ch1csv/figure1-21.csv.md)
- [Structured JSON version](/-/media/files/publications/gfsr/2019/april/english/ch1data/ch1csv/figure1-21.csv.json)

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### Dataset structure
- Worksheet name: csv
- Row count: 83
- Column count: 14
- Two main panels represented in the sheet:
  - "1. Nonresident Portfolio Flows to EMs" (Billions of US dollars, three-month rolling sum)
  - "2. Estimated Cumulative Impact of External Factors on Emerging Market Portfolio Flows" (Billions of US dollars)

### Panel 1 — Nonresident Portfolio Flows to EMs (columns present)
- Column labels shown in the sample:
  - Date
  - Portfgolio debt
  - Portfolio equity: China
  - Portfolio equity: EM excluding China
  - Reversal episodes
- Sample rows (as provided exactly):
  - 1/1/2013 | 73.87 |  | 44.40 | 
  - 2/1/2013 | 72.32 |  | 53.10 | 

### Panel 2 — Estimated Cumulative Impact of External Factors on Emerging Market Portfolio Flows (columns present)
- Column labels shown in the sample:
  - Period identifier (e.g., 2017:Q4)
  - Fed assets: Portfolio balance effect
  - Expected Fed policy path
  - Risk aversion
- Sample rows (as provided exactly):
  - 2017:Q4 | -1.86 | -5.79 | 6.34
  - 18:Q1 | -4.98 | -15.34 | 2.93

### Key dataset notes (from sheet labels and samples)
- Panel 1 values are expressed as "Billions of US dollars, three-month rolling sum".
- Panel 2 values are expressed as "Billions of US dollars".
- Dates in Panel 1 use the format M/D/YYYY (e.g., "1/1/2013", "2/1/2013").
- Period identifiers in Panel 2 use quarter notation (e.g., "2017:Q4", "18:Q1").

*Source: figure1-21 (dataset) — https://www.imf.org/-/media/files/publications/gfsr/2019/april/english/ch1data/ch1csv/figure1-21.csv*

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_Source: https://www.imf.org/-/media/files/publications/gfsr/2019/april/english/ch1data/ch1csv/figure1-21.csv_