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, South Korea’s GDP growth slowed to 1.3%, due to decreased export demand and subdued domestic demand, with the country’s economic growth underperforming the Asia Pacific average. Despite a decline in inflation, it remained above the 2% mark,…
The US economy experienced robust growth in 2023, driven by increased private and public spending. However, economic growth is predicted to slow in 2024, due to tight monetary and fiscal policies. The federal funds rate is predicted to remain…
In 2023, the Netherlands’ economic growth decelerated, due to subdued private expenditure and a drop in exports. However, the economy was supported by increases in public spending and gross fixed capital formation. Despite the slowdown in economic…
In 2023, the UK’s GDP growth slowed considerably, to 0.1%, with the last two quarters of 2023 seeing a contraction in GDP. Despite receding inflationary pressures, inflation remains above the Bank of England’s target, while households are pressured…
The report examines the economic landscape of North Macedonia and provides information on major monetary indicators, foreign trade and government finance. The economy expanded in real terms in 2023, driven by exports, private consumption. However,…
In 2023, Hong Kong’s economy rebounded, with 3.2% GDP growth, driven by private spending and inbound tourism; however, economic growth was below the Asia Pacific average. A slowdown is expected in 2024, amid such factors as slower tourism…
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, 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, Sri Lanka’s economy contracted by 2.0%, despite an IMF bailout. GDP per capita remained notably lower than the Asia Pacific average, owing to high unemployment. Furthermore, inflation declined due to lower commodity prices and stricter…
The report examines the economic landscape of El Salvador and provides information on major monetary indicators, foreign trade and government finance. The economy expanded in real terms in 2023, driven by private consumption, government spending.…
The report examines the economic landscape of Bosnia and Herzegovina and provides information on major monetary indicators, foreign trade and government finance. The economy expanded in real terms in 2023, driven by private consumption, government…
The economic growth in the Czech Republic slowed down in real terms in 2022, due to decelerated private spending amid soaring inflation. Global economic slowdown, elevated inflationary pressures and tightening financial conditions are set to continue…
The report examines the economic landscape of Costa Rica and provides information on major monetary indicators, foreign trade and government finance. The economy expanded in real terms in 2023, driven by exports, private consumption, government…
Egypt's economy grew in 2022, driven by increased exports, growth in manufacturing and construction, as well as strong Suez Canal activity. Nevertheless, Russia’s invasion of Ukraine has induced uncertainty over tourist arrivals, while weakening…
The report examines the economic landscape of Pakistan and provides information on major monetary indicators, foreign trade, investments and government finance. The economy in Pakistan grew in real terms in 2022, driven by rising public and private…
In 2023, Côte d’Ivoire’s GDP growth slowed to 5.1%, but it outperformed the Middle East and Africa’s average of 2.4%. The economy was boosted by increases in private spending, public consumption and exports, despite a challenging global economic…
The report examines economic landscape of Dominican Republic and provides information on major monetary indicators, foreign trade, investments and government finance. The economy in Dominican Republic expanded in real terms in 2022, driven by…
Latin American economies witness economic slowdown, coupled with skyrocketing inflation and depreciation of local currencies. While economic development of regional economies varies, pressing monetary and economic issues burden most Latin American…
Asia Pacific is set to remain the fastest-growing region, led by major developing economies such as China, India and Indonesia. The region is set to benefit from economic reforms and transformation, strong manufacturing, exports and foreign…
Economies in the Middle East and Africa experienced a downturn in 2020 after continuous expansion since 2015. The COVID-19 pandemic, coupled with slumping oil prices, has disturbed countries’ economic development and distorted public finances.…