Standardised coverage and timely analysis helping you to understa...
Standardised coverage and timely analysis helping you to understand the economic drivers, including GDP, external trade, consumption and leading indicators such as business and consumer confidence, underpinning consumer markets.
In 2023, real GDP growth of the United Arab Emirates (UAE) slowed to 3.3% due to a global economic slowdown and reduced oil production. Nevertheless, the non-oil sector saw rapid growth, contributing to economic resilience of the United Arab…
In 2023, Tanzania's GDP grew by 5.3%, driven by increased private and public spending, and broadened tax collection. GDP per capita remained lower than the regional average however. Tanzania's economy is expected to expand at a CAGR of 6.2% over…
In 2023, Qatar's GDP growth slowed to 2.2%, with the hydrocarbon sector driving the economy despite production disruptions and oil price fluctuations. Qatar’s GDP per capita notably exceeded the regional average, supported by a rise in private…
In 2023, Saudi Arabia's GDP growth slowed to 0.5% due to a downturn in the oil sector and falling global oil prices. However, increased private and public spending, along with a substantial rise in gross fixed capital formation, supported the…
In 2023, South Africa’s GDP growth slowed to 0.6% – underperforming compared to the Middle East and Africa’s average of 2.3%. Increased private and public spending, and a rise in gross fixed capital formation supported the economy during 2023;…
In 2023, Nigeria’s real GDP growth slowed to 2.7%, due to disruptions caused by the Central Bank’s policy changes and a liquidity crunch. Nevertheless, the economy outperformed the Middle East and Africa’s average growth. Nigeria’s economic…
In 2023, Uganda’s GDP growth slowed to 4.6%, but still surpassed the average in the Middle East and Africa. The country’s economic performance was driven by increased private and public spending, and a surge in exports, particularly coffee and gold.…
In 2023, Peru’s economy contracted by 0.6%, amid the disruptions related to anti-government protests and the impact of the El Niño weather phenomenon. Over the year, however, exports showed relative resilience. The economy is projected to recover in…
In 2023, New Zealand’s economy underperformed, with GDP growth of 0.7%, despite a slight increase in private and public spending. The country is predicted to see a moderate economic upturn in 2024, with projected GDP growth of 1.0%, and a CAGR of…
In 2023, Sweden’s economy contracted slightly, with a decline in private spending and housing investment. However, the economy is projected to improve in 2024, with a forecast compound annual growth rate of 1.7% over 2023-2028. Furthermore, inflation…