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Brazil, Russia, India, China and South Africa (BRICS) are expected to witness positive growth in Q4 2017. Public spending is anticipated to pick up in 2017. For 2017, Brazil and Russia are expected to register positive growth rates of 0.17% and 0.43% respectively, thereby recovering from the decline in 2016. Rebounding export has been the key driver for the recovery of Brazil and Russia. China and South Africa, however, will continue to slowdown in economic growth in 2017 as against 2016, with China’s and South Africa’s growth slowing down to 6.58% and 0.08%, respectively. Political turmoil and slack in country’s export demand have hindered South Africa’s growth potential. India is currently reeling under the impact of demonetization and is likely to witness marginal slowdown in its economic growth registering an estimated growth of 7.1% in 2017. Manufacturing sectors across BRICS countries are expected to slow down with only China registering a growth of 6.54% in 2017, which is higher than the 6.28% growth registered in 2016. Although India’s manufacturing sector is also expected to register positive growth of 3.02% in 2017, this will be less than the 5.05% growth registered in 2016. The 2017 BRICS summit reinforced the commitment of the countries to achieve interconnected development of BRICS countries through the facilitation of market inter-linkages, infrastructure development, and financial integration. Country Coverage – BRICS· Brazil· Russia· India· China· South AfricaYear, Quarter and Month Coverage· Yearly Data: 2012 – 2021· Quarterly Data: Q1 2012 – Q4 2019· Monthly Data: January 2012 – December 2017
Eastern Europe and CIS Economic Tracker—Insights and Trends, H1 2018
Asia-Pacific Economic Tracker—Insights and Trends, H2 2018
Asia-Pacific Economic Tracker—Insights and Trends, H1 2018
Central American and Caribbean Countries Economic Tracker, H1 2020
Asia-Pacific Economic Tracker—Insights and Trends, H1 2020
South Asia Macroeconomic Prospects, Forecast to 2025
Americas Economic Tracker, H1 2020
Western Europe Tracker, H1 2020
Eastern Europe Economic Tracker—Insights and Trends, H2 2019
Middle East and Africa (MEA) Economic Tracker, H2 2019
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