## World Economic Outlook Database October 2013

_World Economic Outlook_

## Source details

**Canonical URL:** [World Economic Outlook Database October 2013](https://www.imf.org/en/publications/weo/weo-database/2013/october)

## Other formats

- [Markdown version](/en/publications/weo/weo-database/2013/october/index.md)
- [Structured JSON version](/en/publications/weo/weo-database/2013/october/index.json)
- [Bundle manifest](/en/publications/weo/weo-database/2013/october/bundle-manifest.json)

## Bibliographic details
- Authors: Country Groups

---

### Overview
- The World Economic Outlook (WEO) database contains selected macroeconomic data series from the statistical appendix of the World Economic Outlook report.
- 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.

### Data coverage and availability
- Data series include national accounts, inflation, unemployment rates, balance of payments, fiscal indicators, trade, and commodity prices as reported to the IMF.
- Data are available from 1980 to the present, with projections given for the next two years.
- Additionally, medium-term projections are available for selected indicators.
- For some countries, data are incomplete or unavailable for certain years.
- The World Economic Outlook on Google Public Data Explorer offers select indicators from the latest online WEO database, such as GDP growth and inflation.

### Changes and methodological updates reflected in the October 2013 database
- On July 31, 2013, the U.S. Bureau of Economic Analysis released the Comprehensive Revision of the National Income and Product Accounts (NIPA). Key outcomes incorporated into the WEO database:
  - Expenditures on research and development activities and for the creation of entertainment, literary, and artistic originals are now treated as capital expenditures.
  - Treatment of defined-benefit pension plans was switched from a cash basis to an accrual basis.
  - The revisions increase the level of GDP by 3.4 percent and boost the personal savings rate.
  - Revised U.S. data show the Great Recession was shallower and the recovery was stronger through the first half of 2012, but cyclical weakness was greater during the past year.
  - The revisions do not significantly change the IMF staff’s broad view on the U.S. economic outlook.

### Country-specific adjustments and classification changes
- Starting with the July 2013 WEO Update, India's data and forecasts are presented on a fiscal year basis.
- On July 1, 2013, Croatia became the 28th member state of the European Union.
- Projections for Cyprus, which were excluded in April 2013 due to the crisis, are once again included.
- As in the April 2013 World Economic Outlook, data for Syria are excluded for 2011 onward due to the uncertain political situation.
- Data for Palau are now included in the Developing Asia region.
- Zambia redenominated its currency by replacing 1,000 old Zambian kwacha notes with 1 new Zambian kwa¬cha note; local currency data for Zambia are expressed in the new currency starting with the October 2013 WEO database.

### Data series removals
- Starting with the October 2013 WEO, the Value of oil imports (TMGO) and Value of oil exports (TXGO) countries’ data will no longer be available in the external WEO Database.

---

## Content in this bundle

- [Co (PDF)](/external/pubs/ft/weo/2013/02/weodata/co.pdf){rel="external" type="application/pdf"}
- [Historical WEO Forecasts Database (XLSX)](/external/pubs/ft/weo/data/weohistorical.xlsx){rel="external" type="application/vnd.openxmlformats-officedocument.spreadsheetml.sheet"}

---

## References

- [By Countries](https://www.imf.org/en/publications/weo/weo-database/2013/october/select-country-group)
- [By Country Groups](https://www.imf.org/en/publications/weo/weo-database/2013/october/select-aggr-data)
- [Entire Dataset](https://www.imf.org/en/publications/weo/weo-database/2013/october/download-entire-database)

_Source: https://www.imf.org/en/publications/weo/weo-database/2013/october_