World Economic Outlook Database April 2010
World Economic Outlook
Source details
- Canonical URL
- World Economic Outlook Database April 2010
Other formats
Bibliographic details
- Authors: Country Groups
Overview and purpose
- The World Economic Outlook (WEO) Database April 2010 is produced during the biannual World Economic Outlook exercise conducted by the International Monetary Fund.
- The WEO presents IMF staff analysis and projections of economic developments at the global level, in major country groups, and for many individual countries.
- The WEO is released in April and September/October each year.
- Use the WEO database to find data on national accounts, inflation, unemployment rates, balance of payments, fiscal indicators, trade for countries and country groups (aggregates), and commodity prices reported by the IMF.
Data coverage and projections
- Data are available from 1980 to the present.
- Projections are given for the next two years.
- Medium-term projections are available for selected indicators.
- For some countries, data are incomplete or unavailable for certain years.
Geographic and classification changes (April 2010)
- Algeria, Djibouti, Mauritania, Morocco, Sudan, and Tunisia have been moved from the former Africa region into the former Middle East region to create the Middle East and North Africa (MENA) region.
- The former Africa region is replaced by Sub-Saharan Africa (SSA).
- Kosovo:
- Data for Kosovo are now included for GDP, consumer prices, and current account balance.
- Kosovo data are omitted from the country group composites because of data limitations.
Fiscal and series definitions
- Following the IMF's Government Finance Statistics Manual 2001, the government balance is now called net lending(+)/borrowing(–), calculated as revenue minus expenditure.
- For countries that have not adopted the new presentation, net lending/borrowing is the previous calculation of total revenue and grants minus total expenditure and net lending.
- GDP corresponding to fiscal year has been added to the database.
Methodological updates
- Country weights calculated as nominal GDP valued at purchasing-power-parity (PPP) exchange rates as a share of total world GDP are updated to reflect revisions to countries’ GDP data.
Currency redenominations reflected in local currency series
- Ghana redenominated its currency in July 2007 by replacing 10,000 cedis with 1 Ghana cedi. Local currency data for Ghana are expressed in the new currency beginning with the April 2010 WEO database.
- Mozambique redenominated its currency in July 2006 by replacing 1,000 old meticais with 1 new metical. Local currency data for Mozambique are expressed in the new currency beginning with the April 2010 WEO database.
- Venezuela redenominated its currency in January 2008 by replacing 1,000 bolívares with 1 bolívar fuerte. Local currency data for Venezuela are expressed in the new currency beginning with the April 2010 WEO database.