World Economic Outlook, IMF
Summary
The IMFWEO (International Monetary Fund World Economic Outlook) Report is a survey conducted by the IMF staff that is published twice a year both in report and database format. The historical data and projections are based on the information gathered by the IMF country desk officers in the context of their missions to IMF member countries and through their ongoing analysis of the evolving situation in each country. Historical data are updated on a bi-annual basis, typically in April and September/October, as more information becomes available. IMF staff estimates serve as proxies for historical series when complete information is unavailable. As a result, WEO data can differ from other sources with official data, including the IMF’s International Financial Statistics.
Tables In IFs
The Data Team uses this dataset for a number of series, including GDPGrowthRate and GDPGrowthRateIMFWEO2011. Most recently the tables GovtGenExp%GDPFM and GovtGenRev%GDPFM were updated in November 2024.
| Variable | Definition | UsedInPreprocessor | UsedInPreprocessorFileName | Code in Source |
|---|---|---|---|---|
| GDPGrowthRate | GDP growth Rates from IMF's WEO data history and forecast | 0 | ||
| GDPGrowthRateIMFWEO2011 | Annual percentage change in GDP, historic and forecast, IMF WEO 2017 | 0 | ||
| GovtGenGDebt%GDPFM | General government gross debt % of GDP | 0 | GGXWDG_NGDP | |
| GovtGenNDebt%GDPFM | Net debt (% of GDP) | 0 | GGXWDN_NGDP | |
| GovtGenExp%GDPFM | General government total expenditure % of GDP | 1 | ECONOMY | GGX_NGDP |
| GovtGenRev%GDPFM | General government revenue % of GDP | 1 | ECONOMY | GGR_G01_GDP_PT |
Data Pulling Instructions
Step 1: To pull WEO data, first navigate to the WEO Databases page
Step 2: Scroll down and click the Database with the month and year desired (ex. October 2016) You will be navigated to this page: Step 3: Scroll down to the heading titled Download WEO Data and click By Countries for country-level data You will be navigated to this page: Step 4: Scroll down and click All Countries You will be navigated to this page: Step 5: Scroll down to select countries. You can either pre-select all countries in the IFs Country Concordance or click Select All and remove non-IFs countries later, then click Continue You will be navigated to this page: Step 6: Scroll down to view available subjects and select the subject in the units desired (ex. Gross domestic product, constant prices in percent change) Once a subject is selected, the page will look like this: Click Continue and you will be navigated to this page: Step 7: Use the dropdowns to select the desired data range (ex. 1980-2022) and adjust any advanced options as needed (ex. if ISO Country Codes will be used for Concordance) After you've selected your data range and adjusted advanced options, click Prepare Report and you will be navigated to this page:Step 8: Click Download Report to begin downloading the data, which will download in an .xls format