Global Economic Prospects

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The Global Economic Prospects (GEP) is the World Bank’s semi-annual flagship publication on the state of the world economy. In a nutshell, the outlook for the global economy has darkened, amid slowing activity and heightened downside risks. In addition to discussing global and regional prospects, this edition includes several pieces on topical issues facing emerging market and developing economies (EMDEs), including the challenges associated with the presence of large informal sectors, the prospects for continued low inflation, rising debt vulnerabilities in low-income countries, and the implications of large food price spikes for poverty. Global growth is expected to slow to 2.9 percent in 2019. International trade and investment are moderating, trade tensions remain elevated, and financing conditions are tightening. Amid recent episodes of financial stress, growth in emerging market and developing economies has lost momentum and is projected to stall at 4.2 percent this year, with a weaker-than-expected rebound in commodity exporters accompanied by deceleration in commodity importers. Downside risks have become more acute. Financial market pressures and trade tensions could escalate, denting global activity.

Type: 
Time Series
Acronym: 
GEP
Languages Supported: 
English
External Contact Email: 
Topics: 
Economic Growth
Tags: 
Granularity: 
Geographical Coverage: 
World
East Asia & Pacific
Europe & Central Asia
Latin America & Caribbean
Middle East & North Africa
South Asia
Sub-Saharan Africa
Economy Coverage: 
High Income
IBRD
IDA
Low Income
Number of Economies: 
141
Periodicity: 
Annual
Temporal Coverage: 
2017 - 2021
Release Date: 
January 17, 2012

Last Updated

Last Updated: 
June 8, 2020

Update Frequency

Update Frequency: 
Biannually

Harvest System ID

Harvest System ID: 
Indicators API

Harvest Source ID

Harvest Source ID: 
27
Access Options:
API Documentation, Download, Query Tool
Source Type: 
Source: 

Global Economic Prospects, World Bank Group

Global Economic Prospects, World Bank Group

2019

2018

The Global Economic Prospects (GEP) is the World Bank’s semi-annual flagship publication on the state of the world economy. In a nutshell, the outlook for the global economy has darkened, amid slowing activity and heightened downside risks. In addition to discussing global and regional prospects, this edition includes several pieces on topical issues facing emerging market and developing economies (EMDEs), including the challenges associated with the presence of large informal sectors, the prospects for continued low inflation, rising debt vulnerabilities in low-income countries, and the implications of large food price spikes for poverty. Global growth is expected to slow to 2.9 percent in 2019. International trade and investment are moderating, trade tensions remain elevated, and financing conditions are tightening. Amid recent episodes of financial stress, growth in emerging market and developing economies has lost momentum and is projected to stall at 4.2 percent this year, with a weaker-than-expected rebound in commodity exporters accompanied by deceleration in commodity importers. Downside risks have become more acute. Financial market pressures and trade tensions could escalate, denting global activity.

FieldValue
Modified Date
2020-07-02
Release Date
Periodicity
Annual
Identifier
90a34ea4-8a5c-11e6-ae22-56b6b64080
Temporal Coverage

2017 - 2021

License
License Not Specified
Rating: 
2.25
Average: 2.3 (4 votes)
Acronym: 
GEP
Type: 
Languages Supported: 
Economy Coverage: 
Terms of Use: 
Number of Economies: 
141
Update Frequency: 
Is this dataset a subscription: 
No
Update Schedule: 
January, June
Data Classification of a Dataset: 
Source Type: 
Start Date: 
Sunday, January 1, 2017
End Date: 
Friday, January 1, 2021
EPG
Release Date: 
Tuesday, January 17, 2012
Last Updated Date: 
Monday, June 8, 2020
citation text: 
Workers' Remittances, Capital Inflows, and Economic Growth in Developing Asia and the Pacific
External Contact Email: 
Granularity: 
Harvest Source: 
Harvest System ID: 
27
Citation Text: 
Global Economic Prospects, World Bank Group
Modified date: 
18420
Primary Dataset: 
Yes
Source: 

Global Economic Prospects, World Bank Group

Source: 

Global Economic Prospects, World Bank Group

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This dataset is licensed under CC-BY 4.0

CC-BY 4.0

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