World Economic Outlook, April 2021 - WEO_PUB_APR2021

Data - IMF

Author

François Geerolf

Info

  • WEO, October 2021. html

SUBJECT / CONCEPT

Code 
WEO |>
  left_join(CONCEPT, by = "CONCEPT") |>
  left_join(UNIT, by = "UNIT") |>
  group_by(CONCEPT, Concept, Unit) |>
  summarise(Nobs = n()) |>
  arrange(-Nobs) |>
  print_table_conditional()

Country

Code 
WEO |>
  left_join(REF_AREA, by = "REF_AREA") |>
  group_by(REF_AREA, Ref_area) |>
  summarise(Nobs = n()) |>
  arrange(-Nobs) |>
  mutate(Flag = gsub(" ", "-", str_to_lower(gsub(" ", "-", Ref_area))),
         Flag = paste0('<img src="../../icon/flag/vsmall/', Flag, '.png" alt="Flag">')) |>
  select(Flag, everything()) %>%
  {if (is_html_output()) datatable(., filter = 'top', rownames = F, escape = F) else .}

Date

Code 
WEO |>
  group_by(TIME_PERIOD) |>
  summarise(Nobs = n()) |>
  arrange(desc(TIME_PERIOD)) |>
  print_table_conditional()

Gross domestic product, current prices - NGDPD

Nobs

Code 
WEO |>
  left_join(REF_AREA, by = "REF_AREA") |>
  filter(CONCEPT == "NGDPD") |>
  arrange(Ref_area, OBS_VALUE) |>
  group_by(REF_AREA, Ref_area) |>
  arrange(TIME_PERIOD) |>
  summarise(Nobs = n(),
            date1 = first(TIME_PERIOD),
            value1 = first(OBS_VALUE),
            date2 = last(TIME_PERIOD),
            value2 = last(OBS_VALUE)) |>
  mutate(Flag = gsub(" ", "-", str_to_lower(gsub(" ", "-", Ref_area))),
         Flag = paste0('<img src="../../icon/flag/vsmall/', Flag, '.png" alt="Flag">')) |>
  select(Flag, everything()) %>%
  {if (is_html_output()) datatable(., filter = 'top', rownames = F, escape = F) else .}

Output gap (% of Potential Output) - NGAP_NPGDP

Italy, France, Greece, Spain, Germany

Flag colors

Code 
WEO |>
  time_to_date() |>
  left_join(REF_AREA, by = "REF_AREA") |>
  filter(CONCEPT == "NGAP_NPGDP",
         Ref_area %in% c("Italy", "France", "Greece", "Spain", "Germany"),
         date >= as.Date("2000-01-01")) |>
  mutate(OBS_VALUE = OBS_VALUE/100) |>
  left_join(colors, by = c("Ref_area" = "country")) |>
  ggplot() + 
  geom_line(aes(x = date, y = OBS_VALUE, color = color)) +
  scale_color_identity() + theme_minimal() +
  add_flags +
  scale_x_date(breaks = seq(1920, 2100, 2) |> paste0("-01-01") |> as.Date(),
               labels = date_format("%Y")) +
  scale_y_continuous(breaks = 0.01*seq(-90, 90, 2),
                     labels = percent_format(accuracy = 1)) +
  ylab("Output Gap (% of Potential Output)") + xlab("")

Flags

Code 
WEO |>
  time_to_date() |>
  left_join(REF_AREA, by = "REF_AREA") |>
  filter(CONCEPT == "NGAP_NPGDP",
         Ref_area %in% c("Italy", "France", "Greece", "Spain", "Germany"),
         date >= as.Date("2000-01-01")) |>
  mutate(OBS_VALUE = OBS_VALUE/100) |>
  left_join(colors, by = c("Ref_area" = "country")) |>
  ggplot() + 
  geom_line(aes(x = date, y = OBS_VALUE, color = color)) +
  scale_color_identity() + theme_minimal() +
  add_flags +
  scale_x_date(breaks = seq(1920, 2100, 2) |> paste0("-01-01") |> as.Date(),
               labels = date_format("%Y")) +
  scale_y_continuous(breaks = 0.01*seq(-90, 90, 2),
                     labels = percent_format(accuracy = 1)) +
  ylab("Output Gap (% of Potential Output)") + xlab("")

Flags / No Legends

Code 
WEO |>
  time_to_date() |>
  left_join(REF_AREA, by = "REF_AREA") |>
  filter(CONCEPT == "NGAP_NPGDP",
         Ref_area %in% c("Italy", "France", "Greece", "Spain", "Germany"),
         date >= as.Date("2000-01-01")) |>
  mutate(OBS_VALUE = OBS_VALUE/100) |>
  left_join(colors, by = c("Ref_area" = "country")) |>
  ggplot() + 
  geom_line(aes(x = date, y = OBS_VALUE, color = color)) +
  scale_color_identity() + theme_minimal() +
  add_flags +
  scale_x_date(breaks = seq(1920, 2100, 2) |> paste0("-01-01") |> as.Date(),
               labels = date_format("%Y")) +
  scale_y_continuous(breaks = 0.01*seq(-90, 90, 2),
                     labels = percent_format(accuracy = 1)) +
  ylab("Output Gap (% of Potential Output)") + xlab("")

Flags / No Legends

Code 
WEO |>
  time_to_date() |>
  left_join(REF_AREA, by = "REF_AREA") |>
  filter(CONCEPT == "NGAP_NPGDP",
         Ref_area %in% c("Italy", "France", "Greece", "Spain", "Germany"),
         date >= as.Date("2000-01-01"),
         date <= as.Date("2019-01-01")) |>
  mutate(OBS_VALUE = OBS_VALUE/100) |>
  left_join(colors, by = c("Ref_area" = "country")) |>
  ggplot() + 
  geom_line(aes(x = date, y = OBS_VALUE, color = color)) +
  scale_color_identity() + theme_minimal() +
  add_flags +
  scale_x_date(breaks = seq(1920, 2100, 2) |> paste0("-01-01") |> as.Date(),
               labels = date_format("%Y")) +
  scale_y_continuous(breaks = 0.01*seq(-90, 90, 2),
                     labels = percent_format(accuracy = 1)) +
  ylab("Output Gap (% of Potential Output)") + xlab("")

Flags / No Legends (français)

Code 
WEO |>
  time_to_date() |>
  left_join(REF_AREA, by = "REF_AREA") |>
  filter(CONCEPT == "NGAP_NPGDP",
         Ref_area %in% c("Italy", "France", "Greece", "Spain", "Germany"),
         date >= as.Date("2000-01-01")) |>
  mutate(OBS_VALUE = OBS_VALUE/100) |>
  left_join(colors, by = c("Ref_area" = "country")) |>
  ggplot() + 
  geom_line(aes(x = date, y = OBS_VALUE, color = color)) +
  scale_color_identity() + theme_minimal() +
  add_flags +
  scale_x_date(breaks = seq(1920, 2100, 2) |> paste0("-01-01") |> as.Date(),
               labels = date_format("%Y")) +
  scale_y_continuous(breaks = 0.01*seq(-90, 90, 2),
                     labels = percent_format(accuracy = 1)) +
  ylab("Output Gap (% of Potential Output)") + xlab("")

Real Growth Rates - NGDP_RPCH

All

Code 
WEO |>
  left_join(REF_AREA, by = "REF_AREA") |>
  time_to_date() |>
  filter(CONCEPT == "NGDP_RPCH",
         Ref_area %in% c("Italy", "France", "Greece", "Spain", "Germany")) |>
  mutate(OBS_VALUE = OBS_VALUE/100) |>
  left_join(colors, by = c("Ref_area" = "country")) |>
  ggplot() + add_flags + scale_color_identity() + theme_minimal() +
  geom_line(aes(x = date, y = OBS_VALUE, color = color)) +
  ylab("Real Growth Rate") + xlab("") +
  scale_x_date(breaks = seq(1920, 2100, 2) |> paste0("-01-01") |> as.Date(),
               labels = date_format("%Y")) +
  scale_y_continuous(breaks = 0.01*seq(-90, 90, 2),
                     labels = percent_format(accuracy = 1))

1990-

Code 
WEO |>
  left_join(REF_AREA, by = "REF_AREA") |>
  time_to_date() |>
  filter(CONCEPT == "NGDP_RPCH",
         Ref_area %in% c("Italy", "France", "Greece", "Spain", "Germany"),
         date >= as.Date("1990-01-01")) |>
  mutate(OBS_VALUE = OBS_VALUE/100) |>
  left_join(colors, by = c("Ref_area" = "country")) |>
  ggplot() + add_flags + scale_color_identity() + theme_minimal() +
  geom_line(aes(x = date, y = OBS_VALUE, color = color)) +
  ylab("Real Growth Rate") + xlab("") +
  scale_x_date(breaks = seq(1920, 2100, 2) |> paste0("-01-01") |> as.Date(),
               labels = date_format("%Y")) +
  scale_y_continuous(breaks = 0.01*seq(-90, 90, 2),
                     labels = percent_format(accuracy = 1))

2000-

Code 
WEO |>
  left_join(REF_AREA, by = "REF_AREA") |>
  time_to_date() |>
  filter(CONCEPT == "NGDP_RPCH",
         Ref_area %in% c("Italy", "France", "Greece", "Spain", "Germany"),
         date >= as.Date("2000-01-01")) |>
  mutate(OBS_VALUE = OBS_VALUE/100) |>
  left_join(colors, by = c("Ref_area" = "country")) |>
  ggplot() + add_flags + scale_color_identity() + theme_minimal() +
  geom_line(aes(x = date, y = OBS_VALUE, color = color)) +
  ylab("Real Growth Rate") + xlab("") +
  scale_x_date(breaks = seq(1920, 2100, 2) |> paste0("-01-01") |> as.Date(),
               labels = date_format("%Y")) +
  scale_y_continuous(breaks = 0.01*seq(-90, 90, 2),
                     labels = percent_format(accuracy = 1))

Unemployment - LUR

Nobs

Code 
WEO |>
  left_join(REF_AREA, by = "REF_AREA") |>
  filter(CONCEPT == "LUR") |>
  arrange(Ref_area, OBS_VALUE) |>
  group_by(REF_AREA, Ref_area) |>
  summarise(Nobs = n(),
            date1 = first(TIME_PERIOD),
            value1 = first(OBS_VALUE),
            date2 = last(TIME_PERIOD),
            value2 = last(OBS_VALUE)) |>
  mutate(Flag = gsub(" ", "-", str_to_lower(gsub(" ", "-", Ref_area))),
         Flag = paste0('<img src="../../icon/flag/vsmall/', Flag, '.png" alt="Flag">')) |>
  select(Flag, everything()) %>%
  {if (is_html_output()) datatable(., filter = 'top', rownames = F, escape = F) else .}

Argentina, Chile, Venezuela (%)

Code 
WEO |>
  left_join(REF_AREA, by = "REF_AREA") |>
  time_to_date() |>
  filter(CONCEPT == "LUR",
         Ref_area %in% c("Argentina", "Chile", "Venezuela")) |>
  mutate(OBS_VALUE = OBS_VALUE/100) |>
  left_join(colors, by = c("Ref_area" = "country")) |>
  ggplot() + add_flags + scale_color_identity() + theme_minimal() +
  geom_line(aes(x = date, y = OBS_VALUE, color = color)) +
  ylab("Unemployment (%)") + xlab("") +
  scale_x_date(breaks = seq(1920, 2100, 2) |> paste0("-01-01") |> as.Date(),
               labels = date_format("%Y")) +
  scale_y_continuous(breaks = 0.01*seq(-90, 90, 2),
                     labels = percent_format(accuracy = 1))

France, Italy, Germany (%)

Code 
WEO |>
  left_join(REF_AREA, by = "REF_AREA") |>
  time_to_date() |>
  filter(CONCEPT == "LUR",
         Ref_area %in% c("France", "Italy", "Germany")) |>
  mutate(OBS_VALUE = OBS_VALUE/100) |>
  left_join(colors, by = c("Ref_area" = "country")) |>
  ggplot() + add_flags + scale_color_identity() + theme_minimal() +
  geom_line(aes(x = date, y = OBS_VALUE, color = color)) +
  ylab("Unemployment (%)") + xlab("") +
  scale_x_date(breaks = seq(1920, 2100, 2) |> paste0("-01-01") |> as.Date(),
               labels = date_format("%Y")) +
  scale_y_continuous(breaks = 0.01*seq(-90, 90, 2),
                     labels = percent_format(accuracy = 1))

Investment (% of GDP) - NID_NGDP

Nobs

Code 
WEO |>
  left_join(REF_AREA, by = "REF_AREA") |>
  filter(CONCEPT == "NID_NGDP") |>
  arrange(Ref_area, OBS_VALUE) |>
  group_by(REF_AREA, Ref_area) |>
  arrange(TIME_PERIOD) |>
  summarise(Nobs = n(),
            date1 = first(TIME_PERIOD),
            value1 = first(OBS_VALUE),
            date2 = last(TIME_PERIOD),
            value2 = last(OBS_VALUE)) |>
  mutate(Flag = gsub(" ", "-", str_to_lower(gsub(" ", "-", Ref_area))),
         Flag = paste0('<img src="../../icon/flag/vsmall/', Flag, '.png" alt="Flag">')) |>
  select(Flag, everything()) %>%
  {if (is_html_output()) datatable(., filter = 'top', rownames = F, escape = F) else .}

France, Italy, Germany (%)

Code 
WEO |>
  time_to_date() |>
  left_join(REF_AREA, by = "REF_AREA") |>
  filter(CONCEPT == "NID_NGDP",
         Ref_area %in% c("France", "Italy", "Germany")) |>
  mutate(OBS_VALUE = OBS_VALUE/100) |>
  left_join(colors, by = c("Ref_area" = "country")) |>
  ggplot() + add_flags + scale_color_identity() + theme_minimal() +
  geom_line(aes(x = date, y = OBS_VALUE, color = color)) +
  ylab("Investment Rate (%)") + xlab("") +
  scale_x_date(breaks = seq(1920, 2100, 2) |> paste0("-01-01") |> as.Date(),
               labels = date_format("%Y")) +
  scale_y_continuous(breaks = 0.01*seq(-90, 90, 2),
                     labels = percent_format(accuracy = 1))

Portugal, Spain, Europen, Cyprus, Greece (%)

All

Code 
WEO |>
  time_to_date() |>
  left_join(REF_AREA, by = "REF_AREA") |>
  filter(CONCEPT == "NID_NGDP",
         Ref_area %in% c("Portugal", "Spain", "European Union", "Cyprus", "Greece")) |>
  mutate(OBS_VALUE = OBS_VALUE/100) |>
  left_join(colors, by = c("Ref_area" = "country")) |>
  ggplot() + add_flags + scale_color_identity() + theme_minimal() +
  geom_line(aes(x = date, y = OBS_VALUE, color = color)) +
  ylab("Investment Rate (%)") + xlab("") +
  scale_x_date(breaks = seq(1920, 2100, 2) |> paste0("-01-01") |> as.Date(),
               labels = date_format("%Y")) +
  scale_y_continuous(breaks = 0.01*seq(-90, 90, 2),
                     labels = percent_format(accuracy = 1))

1995-2020

English

Code 
WEO |>
  left_join(REF_AREA, by = "REF_AREA") |>
  filter(CONCEPT == "NID_NGDP",
         Ref_area %in% c("Portugal", "Spain", "European Union", "Cyprus", "Greece")) |>
  time_to_date() |>
  filter(date >= as.Date("1995-01-01"),
         date <= as.Date("2020-01-01")) |>
  mutate(OBS_VALUE = OBS_VALUE/100) |>
  left_join(colors, by = c("Ref_area" = "country")) |>
  ggplot() + add_flags + scale_color_identity() + theme_minimal() +
  geom_line(aes(x = date, y = OBS_VALUE, color = color)) +
  ylab("Investment Rate (%)") + xlab("") +
  scale_x_date(breaks = seq(1920, 2100, 2) |> paste0("-01-01") |> as.Date(),
               labels = date_format("%Y")) +
  scale_y_continuous(breaks = 0.01*seq(-90, 90, 2),
                     labels = percent_format(accuracy = 1))

French

Code 
WEO |>
  left_join(REF_AREA, by = "REF_AREA") |>
  filter(CONCEPT == "NID_NGDP",
         Ref_area %in% c("Portugal", "Spain", "European Union", "Cyprus", "Greece")) |>
  time_to_date() |>
  filter(date >= as.Date("1995-01-01"),
         date <= as.Date("2020-01-01")) |>
  mutate(OBS_VALUE = OBS_VALUE/100) |>
  left_join(colors, by = c("Ref_area" = "country")) |>
  ggplot() + add_flags + scale_color_identity() + theme_minimal() +
  geom_line(aes(x = date, y = OBS_VALUE, color = color)) +
  ylab("Taux d'investissement (%)") + xlab("") +
  scale_x_date(breaks = seq(1920, 2100, 2) |> paste0("-01-01") |> as.Date(),
               labels = date_format("%Y")) +
  scale_y_continuous(breaks = 0.01*seq(-90, 90, 2),
                     labels = percent_format(accuracy = 1))