The International Monetary Fund (IMF) is an organisation with over 180 member countries and was established to promote international monetary cooperation and assist countries in balance of payment difficulties. It is funded by contributions (or quotas) from its member states and the size of the quota determines the voting power each member has within the Fund. Countries in difficulties can also borrow funds in proportion to their quota, although, controversially, the IMF may impose remedial domestic policies as a condition of the loan. The UK is the fifth largest contributor to the IMF.
The UK Data service provides access to five databanks produced by the IMF:
Direction of Trade Statistics
International Financial Statistics
Government Finance Statistics
Balance of Payments Statistics
World Economic Outlook
These databases contain data on national accounts, trade, the balance of payments and government spending for the member countries and collectively they provide a global picture of economic development and international trade over the last 50 years.
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