CONTENTS Table E Emerging Market and Developing Economies by Region, Net External Position, and Status as Heavily Indebted Poor Countries and Low-Income Developing Countries 138 Table F. Economies with Exceptional Reporting Periods Table G Key Data Documentation 141 Box Al. Economic Policy Assumptions Underlying the Projections for Selected Economies 151 Output(Tables A1l-A4) Financial Policies(Table A8) Foreign Trade(Table A9) Current Account Transactions(Tables AlO-Al2 Balance of Payments and External Financing (Table A13) 178 Flow of Funds(Table A14) Medium-Term Baseline Scenario(Table A15) World Economic Outlook, Selected Topics IMF Executive Board Discussion of the Outlook, April 2019 Table Table 1. 1. Overview of the World Economic Outlook Projections Scenario Table 1. Trade Assumptions in the Baseline, Scenario A, and Scenario B Table 1. SE1. Commodity Price Cycle Descriptive Statistics Table lse. Global Industrial Production nowcast Table 1.SF 3. Global GDP Nowcast 84445 Table 1.SF4. Forecasting Global Industrial Production and GDP Annex Table 1. 1.1. European Economies: Real GDP Consumer Prices, Current Account Balance, and Unemployment Annex Table 1. 1. 2. Asian and Pacific Economies: Real GDP Consumer Prices, Current Accou Balance, and Unemployment Annex Table 1.1.3. Western Hemisphere Economies: Real GDP Consumer Prices, Current Account Annex Table 1. 4. Commonwealth of Independent States Economies: Real GDP, Consumer Prices, Current Account Balance, and Unemployment Annex Table 1. 1.5. Middle East, North African Economies, Afghanistan, and Pakistan: Real GDP, Consumer Prices, Current Account Balance, and Unemployment Annex Table 1. 1.6. Sub-Saharan African Economies: Real GDP Consumer Prices, Current Account Balance, and Unemployment 5 Annex Table 1.1.7. Summary of World Real per Capita Output Table 3.1. Sectoral Producer Prices Table 3.2. Real Investment Rate and the Relative Price of Machinery and Equipment Table 4.1. Sign and Significance of Tariff Effects on Economic Variables Table 4.4.1. Macro Effects from a 25 Percent Increase in Tariffs Affecting All US-China Trade: Bilateral trade flows with Third Countries Online Tables-Statistical Appendix Table B1. Advanced Economies: Unemployment, Employment, and Real GDP per Capita Table B2. Emerging Market and Developing Economies: Real GDP Table B3. Advanced Economies: Hourly Earnings, Productivity, and Unit Labor Costs in Table B4. Emerging Market and Developing Economies: Consumer Pricescontents International Monetary Fund | April 2019 v Table E. Emerging Market and Developing Economies by Region, Net External Position, and Status as Heavily Indebted Poor Countries and Low-Income Developing Countries 138 Table F. Economies with Exceptional Reporting Periods 140 Table G. Key Data Documentation 141 Box A1. Economic Policy Assumptions Underlying the Projections for Selected Economies 151 List of Tables Output (Tables A1–A4) 156 Inflation (Tables A5–A7) 163 Financial Policies (Table A8) 168 Foreign Trade (Table A9) 169 Current Account Transactions (Tables A10–A12) 171 Balance of Payments and External Financing (Table A13) 178 Flow of Funds (Table A14) 182 Medium-Term Baseline Scenario (Table A15) 185 World Economic Outlook, Selected Topics 187 IMF Executive Board Discussion of the Outlook, April 2019 197 Tables Table 1.1. Overview of the World Economic Outlook Projections 8 Scenario Table 1. Trade Assumptions in the Baseline, Scenario A, and Scenario B 28 Table 1.SF.1. Commodity Price Cycle Descriptive Statistics 41 Table 1.SF.2. Global Industrial Production Nowcast 44 Table 1.SF.3. Global GDP Nowcast 44 Table 1.SF.4. Forecasting Global Industrial Production and GDP 45 Annex Table 1.1.1. European Economies: Real GDP, Consumer Prices, Current Account Balance, and Unemployment 46 Annex Table 1.1.2. Asian and Pacific Economies: Real GDP, Consumer Prices, Current Account Balance, and Unemployment 47 Annex Table 1.1.3. Western Hemisphere Economies: Real GDP, Consumer Prices, Current Account Balance, and Unemployment 48 Annex Table 1.1.4. Commonwealth of Independent States Economies: Real GDP, Consumer Prices, Current Account Balance, and Unemployment 49 Annex Table 1.1.5. Middle East, North African Economies, Afghanistan, and Pakistan: Real GDP, Consumer Prices, Current Account Balance, and Unemployment 50 Annex Table 1.1.6. Sub-Saharan African Economies: Real GDP, Consumer Prices, Current Account Balance, and Unemployment 51 Annex Table 1.1.7. Summary of World Real per Capita Output 52 Table 3.1. Sectoral Producer Prices 87 Table 3.2. Real Investment Rate and the Relative Price of Machinery and Equipment 89 Table 4.1. Sign and Significance of Tariff Effects on Economic Variables 117 Table 4.4.1. Macro Effects from a 25 Percent Increase in Tariffs Affecting All US–China Trade: Bilateral Trade Flows with Third Countries 126 Online Tables—Statistical Appendix Table B1. Advanced Economies: Unemployment, Employment, and Real GDP per Capita Table B2. Emerging Market and Developing Economies: Real GDP Table B3. Advanced Economies: Hourly Earnings, Productivity, and Unit Labor Costs in Manufacturing Table B4. Emerging Market and Developing Economies: Consumer Prices