World Economic Outlook Database, October 2024
World Economic Outlook
Source details
- Canonical URL
- World Economic Outlook Database, October 2024
Other formats
Bibliographic details
- Authors: Country Groups
Overview
- The World Economic Outlook (WEO) database is created during the biannual World Economic Outlook exercise and contains selected macroeconomic data series from the statistical appendix of the World Economic Outlook report.
- The WEO report presents IMF staff analysis and projections of economic developments at the global level, in major country groups, and in many individual countries.
- The WEO is released in April and September/October each year.
Data coverage and formats
- Data series available include 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 are available from 1980 to the present, with projections given for the next two years.
- Medium-term projections are available for selected indicators.
- The WEO database is now available in SDMX format from the Entire Dataset page.
- For more information about SDMX, users are referred to SDMX.org.
Changes to the October 2024 Database
- Following the 2021 survey by the World Bank Group’s International Comparison Program for new purchasing-power-parity benchmarks, the WEO’s estimates of purchasing-power-parity weights and GDP valued at purchasing power parity have been updated. (See Box A2 for details in the WEO publication.)
- For Bangladesh, fiscal year estimates of real GDP and purchasing-power-parity GDP are now used in country group aggregates.
- For Montenegro, historical data prior to 2023 for population and GDP per capita are excluded from publication pending the final release of population estimates from the 2023 Census of Population, Households, and Dwellings.
- For Zimbabwe, the authorities redenominated national accounts statistics following the introduction on April 5, 2024 of a new national currency, the Zimbabwe gold, replacing the Zimbabwe dollar. The use of the Zimbabwe dollar ceased on April 30, 2024.
Availability and limitations
- Some countries have incomplete or unavailable data for certain years.
- Use the database to find country-level data "By Countries", aggregated data and commodity prices "By Country Groups", or access the Entire Dataset download for the October 2024 edition.
Content in this bundle
- Country Information October 2024
References
- By Countries
- By Country Groups
- Entire Dataset
- World Economic Outlook report, which presents the IMF staff's analysis and projections of economic developments at the global level, in major country groups and in many individual countries. The WEO is released in April and September/October each year.
- commodity priceswhose data are reported by the IMF.