IMF Working Papers

A Monthly Indicator of Economic Growth for Low Income Countries

By Michael Stanger

January 17, 2020

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Format: Chicago

Michael Stanger. A Monthly Indicator of Economic Growth for Low Income Countries, (USA: International Monetary Fund, 2020) accessed December 13, 2024

Disclaimer: IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.

Summary

Monthly economic indicators support policy analysis of current economic developments and forecasting. This paper presents an overview of the data and statistical requirements to develop those indicators taking into account resource constraints that LIC typically face. We review statistical procedures for developing these indicators under the System of National Accounts and propose a general procedure to derive a monthly composite indicator of economic growth in low income economies.

Subject: Business cycles, Economic and financial statistics, Economic growth, National accounts, Production, Production index

Keywords: Business cycle indicators start, Business cycles, Consumer confidence, Economic activity, Economic activity indicator, Electricity production, Employment statistics, Estimate, GDP, High frequency economic activity measure, High-frequency indicator, Indicator, MIEG, Price statistics, Production index, Quarterly economic activity indicator, Report production indexes to the IMF, Statistics, System of National Accounts, Trend-cycle estimate, WP

Publication Details

  • Pages:

    25

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Working Paper No. 2020/013

  • Stock No:

    WPIEA2020013

  • ISBN:

    9781513525853

  • ISSN:

    1018-5941