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  1. 19 Jul 2022  |  Africa  |  Economic and Databases

    Kenya Macroeconomic Outlook, 2027

    Manufacturing Impetus, Affordable Housing Push, and Business-Friendly Policies to Augment Medium-Term Growth Potential

    Spared of widespread coronavirus outbreaks, the Kenyan economy reported a small economic contraction in 2020 as robust growth across agriculture, financial services, real estate, and construction largely offset the sharp decline in hospitality, tourism, and transport services. The economy registered an impressive rebound in 2021, led by the broad-b...

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  2. 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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  3. 24 Dec 2019  |  Europe  |  Economic and Databases

    Eastern Europe Economic Tracker—Insights and Trends, H2 2019

    Weak Global Economy Discouraging Exports

    The economies of Eastern European countries have had a slow 2019, with stalling or contracting growth in certain economies. The global economic slump, ongoing trade wars, the weak German economy, and Brexit have discouraged external demand. Internal demand, due to low inflation, wage growth, and tight labor markets, has been able to sustain the pro...

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  4. 14 May 2019  |  Europe  |  Economic and Databases

    Western Europe Tracker—Insights and Trends, H2 2019

    Slow Global Demand and Political Uncertainty to Weigh Upon Growth

    Economic outlook for the West European countries, like Belgium, France, Germany, Italy, Spain, the Netherlands and the United Kingdom, is expected to remain downbeat throughout 2019 due to weak business sentiment arising out of Brexit issues and slow global economic recovery. Domestic demand and consumer sentiments supported by low inflation and st...

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  5. 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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  6. 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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  7. 07 Feb 2019  |  Africa  |  Economic and Databases

    Middle East and Africa (MEA) Economic Tracker—Insights and Trends, H1 2018

    Higher Oil Prices Drive Growth Recovery

    Economic recovery in Saudi Arabia will continue to be supported by pick up in oil production to compensative for output decline in Iran. While Aramco privatization is delayed, Saudi aims to generate $11 billion non-oil revenue through privatization program by 2020. The killing of journalist Khashoggi heightened capital flight in October 2018, as th...

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  8. 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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  9. 29 Aug 2018  |  Europe  |  Economic and Databases

    Eastern Europe and CIS Economic Tracker—Insights and Trends, H1 2018

    Resilient Domestic Demand Drives Economic Growth

    Economies of the Eastern European countries are gaining strength, being predominantly backed by domestic demand. The GDP is expected to increase by 2.84% in Q2 2018 compared to what it was a year ago, and by 3.0% by the end of 2018. The region is benefiting from upbeat labor markets and strong inflow of European structural funds. Growth in the Cze...

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  10. 16 Mar 2018  |  Europe  |  Economic and Databases

    Emerging Europe Economic Tracker—Insights and Trends, Quarter 4, 2017

    Domestic Demand Supports Strong Growth

    Economies of the Emerging Europe are growing on a strong footing. The GDP is expected to increase by 3.42% in Q1 2018 from Q1 2017, and by 3.6% by end of 2018. The region is benefiting from buoyant labor markets and strong inflow of European structural funds apart from strong export demand from the Eurozone economy. The Czech economy grew by 4.7% ...

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