• 825 days Will The ECB Continue To Hike Rates?
  • 825 days Forbes: Aramco Remains Largest Company In The Middle East
  • 827 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,227 days Could Crypto Overtake Traditional Investment?
  • 1,232 days Americans Still Quitting Jobs At Record Pace
  • 1,234 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,237 days Is The Dollar Too Strong?
  • 1,237 days Big Tech Disappoints Investors on Earnings Calls
  • 1,238 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,240 days China Is Quietly Trying To Distance Itself From Russia
  • 1,240 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,244 days Crypto Investors Won Big In 2021
  • 1,244 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,245 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,247 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,248 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,251 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,252 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,252 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,254 days Are NFTs About To Take Over Gaming?
Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

  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