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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...
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22 Apr 2020  |  Asia Pacific  |  Economic and Databases
Asia-Pacific Economic Tracker—Insights and Trends, H1 2020
COVID-19 Outbreak to Weigh Severely on Demand
Economies in Asia-Pacific are likely to experience sluggish growth in 2020 on account of the unexpected ramifications of the COVID-19 outbreak. Regional growth is likely to remain stunted in H1 2020 due to the outbreak, but expected to pick up in H2 2020 as the lockdowns and travel bans are expected to be lifted. Key economies like Australia and ...
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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 deterioratio...
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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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29 Dec 2017  |  Africa  |  Economic and Databases
Emerging Middle East and Africa (MEA) Economic Tracker—Insights and Trends, Quarter 3, 2017
Mounting Political Unrest to Lead to Economic Jeopardy
The growth outlook for the Middle East countries in Q3 2017 was somber amid burgeoning geopolitical crisis and ongoing low oil prices. The Saudi Arabian economy continued deterioration in 2017 registering negative growth rates in Q1 and Q2 2017 owing to The Organization of the Petroleum Exporting Countries (OPEC) agreement on curbing oil production...
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29 Dec 2017  |  Africa  |  Economic and Databases
Emerging Middle East and Africa (MEA) Economic Tracker—Insights and Trends, Quarter 2, 2017
Economic Diversification Remains High
Low oil prices will continue to take a toll on the economic health of the gulf economies in the second quarter of 2017. Low energy prices leading to burgeoning fiscal deficit have adversely affected Qatar’s economic prospects. Output in the oil and gas sector remained flat and GDP growth appears to have contracted in Q1 2017. The multi-year $200 ...
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29 Dec 2017  |  Africa  |  Economic and Databases
Emerging Middle East and Africa (MEA) Economic Tracker—Insights and Trends, Quarter 1, 2017
Economic Outlook Challenged by Oil Production Cuts
The economic outlook for the Middle Eastern countries is challenged by the continued oil price sluggishness. The fiscal consolidation measures will continue throughout 2017 to combat deficit and is expected to ease in 2018 if oil prices uptick. On one hand, the first half of 2017 is being characterized by Saudi Arabia led oil production cut agreeme...
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28 Dec 2017  |  North America  |  Economic and Databases
Emerging Latin America Economic Tracker—Insights and Trends, Quarter 2, 2017
Changing Trade Relations to Guide Economic Growth Trajectory
In Q2 2017, growth in Latin America slowed to 1.9% compared to the growth of 2.2% in Q1 2017, as manufacturing sector shrank by 0.5% and external demand declined. Colombia, Mexico, and Panama’s economic growth declined registering 1.2%, 2.2%, and 5.4% growth, respectively, in Q1 2017. However, Panama continues to remain the fastest growing econom...
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28 Dec 2017  |  North America  |  Economic and Databases
Emerging Latin America Economic Tracker—Insights and Trends, Quarter 3, 2017
Stabilizing Economic Growth across the Region
Economic growth remained stable in Q3 2017 with the region recording growth of 1.9%. Chile and Colombia registered higher growth compared to Q2 2017, while Mexico and Panama’s growth slowed slightly. Decline in manufacturing and mining sector in Mexico had adversely affected the country’s economy which recorded 1.6% growth in Q3 2017. Mexicoâ€...
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28 Dec 2017  |  Latin America  |  Economic and Databases
Emerging Latin America Economic Tracker—Insights and Trends, Quarter 4, 2017
Strong Consumption Expenditure Driving Growth
Regional economic growth in Latin America is expected to slow-down from 2.2% in 2016 to 2.15 in 2017. The region is expected to start growing strongly from 2018 with an anticipated economic growth of 2.5%. The growth with be supported by the expansion of the Manufacturing sector. Mexico and Panama are projected to register strong growth of manufact...
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