• 684 days Will The ECB Continue To Hike Rates?
  • 684 days Forbes: Aramco Remains Largest Company In The Middle East
  • 686 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,086 days Could Crypto Overtake Traditional Investment?
  • 1,091 days Americans Still Quitting Jobs At Record Pace
  • 1,093 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,096 days Is The Dollar Too Strong?
  • 1,096 days Big Tech Disappoints Investors on Earnings Calls
  • 1,097 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,099 days China Is Quietly Trying To Distance Itself From Russia
  • 1,099 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,103 days Crypto Investors Won Big In 2021
  • 1,103 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,104 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,106 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,107 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,110 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,111 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,111 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,113 days Are NFTs About To Take Over Gaming?
  1. Home
  2. Markets
  3. Other

IMF Growth Forecast vs. Reality

Supercharged Optimism

Charts of IMF global growth estimates vs.what has actually happened are either humorous or downright pathetic depending on your sense of humor. One thing sure stands out: Perpetual optimism reins supreme.

A few charts from the Wall Street Journal report Five Trends That Will Shape the Future of the U.S. Economy shows what I mean.


IMF Growth Estimates 2010-2010

IMF Growth Forecast vs. Reality


Gap Between Predicted Growth and Reality

Growth Patterns

Only Saudi Arabia and Turkey have posted growth rates that exceeded their October 2010 projections.


Real GDP Pre-Crisis vs. Post-Crisis

Growth Patterns

Why anyone pays attention to IMF growth forecasts is a mystery.

 

Back to homepage

Leave a comment

Leave a comment