Tuesday, April 17, 2012

IMF Projections for Ireland

The IMF have released the April 2012 Update of the World Economic Outlook.  The following table extracts some of the updated projections of the IMF for Ireland up to 2017.

IMF WEO Projections


  1. We will defeat Oceania, er, next year...

  2. LOL - they didn't even put in any colour or pictures.

  3. While bearing in mind Yogi Bera's warning about predictions, the one statistic that raises an eyebrow here is the population projection. The DoEHLG’s February 2007 projection is for a population of 5.33 million in 2021 - which is likely to be revised upward in light of the 2011 census. So the projection of a population drop by the IMF is really an outlier. I'm not sure how this impacts other figures in the table - but there were suggestion on irisheconomy.ie when the CSO numbers came out that the GDP figures would have to be revised up...

    Can you comment on what the impact of a larger population would be on the IMF's projection?

    1. I was wondering the exact same thing.
      Where did they get the population projections from?

    2. That's easy. Remember when the IMF said we had to sell off many of our assets? And remember when Enda Kenny said our young people were our greatest assets? You do the math. :-)

  4. a spoonful of sugar makes the medicine go down, the medicine go down......