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 in Vietnam was 4.9%, outperforming the average for the Asia Pacific region as a whole. This was in part because of its robust industrial products offering, servicing global manufacturing supply chains with machinery parts and…
In 2023, Portugal’s economy grew by 2.2%, outperforming Western Europe’s average, supported by increases in private spending, public consumption, and a thriving tourism industry. However, a slowdown is expected in 2024, due to a challenging external…
In 2023, Romania’s GDP growth slowed to 2.0%, slightly below the Eastern European average, weighed down by elevated inflation and slowing private spending growth. However, economic growth is projected to accelerate in 2024, supported by the European…
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, Spain’s economy demonstrated a degree of resilience, with real GDP growth of 2.5%, outperforming the Western European average, despite the environment of geopolitical instability, high inflation and elevated burrowing costs. However, a…
In 2023, Singapore’s GDP growth slowed to 1.1%, due to a decline in exports and the global economic deceleration, despite a rise in private and public spending. Moreover, Singapore’s fiscal policy in 2023 resulted in a budget surplus, due primarily…
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…
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…
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, 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…