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30 Jan 2020  |  North America  |  Economic and Databases
Americas Economic Tracker, H1 2020
Regional Activity Modestly Picking Up; GDP Growth to Remain Moderate
The Americas are expected to record tepid growth in 2020, higher than that of 2019. Advanced economies such as the US and Canada are likely to witness an economic rebound in 2020. Other smaller economies like Panama and Chile are poised to grow as well. However, Argentina’s growth is likely to remain contracted on account of currency deterioration ...
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26 Jun 2019  |  North America  |  Economic and Databases
Americas Economic Tracker—Insights and Trends, H1 2019
Growth Slowdown in the First Half due to Escalating Trade War
Economic growth in the Americas is expected to slow down in H1 2019. The region continues to see low private and public sector investment. Poor infrastructure, in addition to shortcomings in the education system, contributes to low productivity and weak external competitiveness. Panama and Chile are expected to see the highest growth at 4.8% and 3....
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26 Jun 2019  |  North America  |  Economic and Databases
Americas Economic Tracker—Insights and Trends, H2 2019
Growth to Stagnate Due to External Environment and Political Uncertainties
The pace of growth in the Americas is expected to slow down in the coming quarters. The weakening global economy and an anticipated slowdown in the US economy are expected to affect economic growth in the region. While the US economy expanded with a high growth rate of 3.2% and 2.5% in Q1 and Q2 2019, the economy is expected to slow down in the com...
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07 Feb 2019  |  Africa  |  Economic and Databases
Middle East and Africa (MEA) Economic Tracker—Insights and Trends, H2 2018
Privatization Led Non-oil Sector Growth Drive Economic Growth in the Region
Economies of the Middle Eastern countries will remain modest due to higher oil exporting revenue being moderately offset by recession in Iran. Higher oil prices are expected to drive oil and gas and hydrocarbon sector in the region, with Saudi Arabia leading the pack in 2019. OPEC oil production dipped in November 2018 due to fall in Iranian produc...
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17 Sep 2019  |  Asia Pacific  |  Economic and Databases
Asia-Pacific Economic Tracker—Insights and Trends, H2 2019
Weak External Sector Performance Restraining Growth
The economic growth in the Asia-Pacific region experienced a slowdown due to increasing global trade tensions in the second quarter of 2019. Key economies in the region such as China, India, and Thailand have experienced slower than anticipated growth rates, in line with global economic slowdown. In H2 2019, inflationary pressure in the region rema...
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14 May 2019  |  Europe  |  Economic and Databases
Western Europe Tracker—Insights and Trends, H1 2019
Slowing Economic Dynamic with Brexit Issues Looming
In Q3 2018, regional growth in the Western Europe region remained stagnated at 1.6% with growth expected to remain low during the forecast period predominantly due to uncertainties arising out of the Brexit issues and slow growth outlook in emerging markets. Economic growth in Germany appears to have touched a near-zero situation in Q4 2018 and is ...
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17 Jan 2020  |  Europe  |  Economic and Databases
Western Europe Tracker, H1 2020
Subdued Global Demand and Political Uncertainty Disourage Business Confidence
The economic outlook for Western Europe is expected to stay muted in 2020. The US-China trade wars, global economic slowdown, and the uncertainty surrounding Brexit have softened external demand, affecting export-based economies such as Germany. While unemployment rates have been low and stable across most of Western Europe, job growth has plateaue...
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12 Feb 2019  |  Asia Pacific  |  Economic and Databases
Asia-Pacific Economic Tracker—Insights and Trends, H2 2018
Slump in Manufacturing Output Restraining Growth
In Q3 2018, regional growth in the Asia-Pacific region remained stagnated at 4.6% with growth expected to remain low during the forecast period. In Australia, GDP growth increased from 2.4% in 2017 to 2.9% in 2018, largely due to increase in business investment and private consumption. Sri Lanka is expected to register 2.9% in Q3 2018, slower than ...
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12 Feb 2019  |  Europe  |  Economic and Databases
Eastern Europe and CIS Economic Tracker—Insights and Trends, H2 2018
Moderating export growth to affect growth forecast
The growth outlook for the economies in the Eastern Europe and The Commonwealth of Independent States (CIS) remains moderate. While the economic growth in the Eastern European countries such as The Czech Republic, Hungary, and Poland is gaining momentum, Turkey is expected to plunge into a near-zero growth situation by the end of Q4 2018. Czech eco...
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25 Jun 2020  |  North America  |  Economic and Databases
Central American and Caribbean Countries Economic Tracker, H1 2020
COVID-19 Containment Measures to Weaken Economic Activities
The outlook for the Central America and Caribbean economies is expected to stay bleak in 2020, registering technical recession in Q2–Q3 of 2020 and a full year recession for 2021. Local and global containment measures, along with the economies’ large dependence on tourism and remittances particularly coming from the United States, have led to a mas...
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