A package to access IMF data.
This package supports access to IMF data with no/limited accessibility through the API, including the World Economic Outlook (WEO) database and Special Drawing Rights (SDR) data
NOTE:
This package is designed to scrape data from the IMF website. The IMF does not provide an official API for accessing WEO data yet. As a result, the tools in this package are subject to breakage if the IMF changes the structure of their website, or releases corrupted data files or unexpected data formats. Please report any issues you encounter.
$ pip install imf-reader
WEO data is accessed through SDMX (Statistical Data and Metadata eXchange) files published by the IMF. For more information on SDMX, please visit the SDMX.org.
Tools to access WEO data can be found in the weo
module.
Import the weo
module and call the fetch_data
function to retrieve the latest WEO data.
from imf_reader import weo
df = weo.fetch_data()
print(df)
By default, the function will return the WEO data for the latest year available. You can specify a version by passing the month and year of the version you want to retrieve. NOTE: The WEO reports are released in April and October of each year. The month of the version must be either "April" or "October".
df = weo.fetch_data(version=("April", 2020))
If the version of the data fetched is needed, it can be
retrieved from the function attribute last_version_fetched
.
df = weo.fetch_data()
print(weo.fetch_data.last_version_fetched)
# >>> ('April', 2024) or whichever version was just fetched
Caching is used to avoid multiple requests to the IMF website for the same data and to enhance performance.
Caching using the LRU (Least Recently Used) algorithm approach and stores data in RAM. The cache is cleared when the program is terminated.
To clear the cache manually, use the clear_cache
function.
weo.clear_cache()
For more advanced usage and tools for WEO data please use the weo-reader package.
The SDR is an international reserve asset created by the IMF in 1969. It is not a currency, but the holder of SDRs can exchange them for usable currencies in times of need.
Read more about SDRs at: https://www.imf.org/en/About/Factsheets/Sheets/2023/special-drawing-rights-sdr
Import the module
from imf_reader import sdr
Read allocations and holdings data.
sdr.fetch_allocations_holdings()
SDRs holdings and allocations are published at a monthly frequency. The function fetches the latest data available by default. Check the latest available date
sdr.fetch_latest_allocations_holdings_date()
To retrieve SDR holdings and allocations for a specific month and year, eg April 2021, pass the year and month as a tuple
sdr.fetch_allocations_holdings((2021, 4))
Read interest rates. This function gets the historical interest rates for SDRs up to the most recent value available.
sdr.fetch_interest_rates()
Read exchange rates. This function gets the historical exchange rates for SDRs up to the most recent value available.
sdr.fetch_exchange_rates()
By default, the exchange rate is in USDs per 1 SDR. To get the exchange rate in SDRs per 1 USD, pass the unit basis as "USD"
sdr.fetch_exchange_rates("USD")
To clear cached data use the clear_cache
function.
sdr.clear_cache()
This package relies on webscraping techniques to access data from the source. It is likely that the functionality of this package will break if the IMF changes the structure of their website or their data files. If you encounter any issues, please report them.
Interested in contributing? Check out the contributing guidelines. Please note that this project is released with a Code of Conduct. By contributing to this project, you agree to abide by its terms.
imf-reader
was initially created by Luca Picci and is maintained by the ONE Campaign. It is licensed under the terms of the MIT license.
imf-reader
was created with cookiecutter
and the py-pkgs-cookiecutter
template.