## Quota Formula - Data Update

_Policy Papers, June 19, 2015_

## Source details

**Canonical URL:** [Quota Formula - Data Update](https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/quota-formula-data-update-pp4967)

## Other formats

- [Markdown version](/en/publications/policy-papers/issues/2016/12/31/quota-formula-data-update-pp4967/index.md)
- [Structured JSON version](/en/publications/policy-papers/issues/2016/12/31/quota-formula-data-update-pp4967/index.json)
- [Bundle manifest](/en/publications/policy-papers/issues/2016/12/31/quota-formula-data-update-pp4967/bundle-manifest.json)

## Bibliographic details
- Published: June 19, 2015
- Series: Policy Papers

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### Updated data coverage and purpose
- IMF staff updated individual member country data for the variables used in the quota formula for the period 2001-13.
- The staff paper presents updated calculated quota shares based on the current quota formula.
- The International Monetary and Financial Committee has called for agreement on a new quota formula as part of the 15th General Review of Quotas.
- The paper includes a limited set of illustrative simulations of possible reforms of the quota formula using the updated quota data; these simulations are purely illustrative and do not represent proposals.

### Quota formula variables (as presented)
- The current quota formula includes:
  - a GDP variable, which is a blend of GDP at market rates and GDP at purchasing power parity (PPP),
  - openness,
  - variability,
  - international reserves.

### Data tables and formats
- New data tables include comparable values of each variable for the previous quota dataset, which was based on data covering the period 2000-2012.
- Information presentation:
  - Table A1: values presented in millions of SDRs.
  - Tables A2 and A3: values presented in percent of their respective global totals.
  - Table A4: calculated quota shares based on the current quota formula.
- Data sources and a description of the quota variables are discussed in "Quota Formula – Data Update - Statistical Appendix"; IMF Policy Paper; July 2015.
- Downloadable dataset referenced: "Quota Data: Updated IMF Quota Formula Variables" - July 2015.

### Publication metadata and access
- Publication title: Quota Formula - Data Update
- Date on page: June 19, 2015
- Format note shown: Chicago citation example present on page

_International Monetary Fund — Quota Formula - Data Update (web landing page), June 19, 2015; data tables include Table A1, Tables A2 and A3, and Table A4; dataset referenced as "Quota Data: Updated IMF Quota Formula Variables" - July 2015._

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## Content in this bundle

- **Quota Formula--Data Update; IMF Policy Paper, June 19, 2015**
  - [Quota Formula--Data Update; IMF Policy Paper, June 19, 2015 (Markdown version)](/-/media/websites/imf/imported-full-text-pdf/external/np/pp/eng/2015/_061915.pdf.md){rel="alternate" type="text/markdown"}
  - [Quota Formula--Data Update; IMF Policy Paper, June 19, 2015 (PDF)](/-/media/websites/imf/imported-full-text-pdf/external/np/pp/eng/2015/_061915.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/quota-formula-data-update-pp4967_