Macroeconomics

After two consecutive years of economic contraction in 2019 and 2020, Latin America achieved a ~7% real GDP growth in 2021. Some of the larger Latin American nations are emerging market growth leaders across the globe, and the region is known for its commodity exports, robust trade, and cost-effective labor. Amidst shifting socio-economic trends po...

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...

28 Oct 2021  |  Africa  |  Frost Radar

Frost Radar™ for Economic Development: Africa, 2021

South Africa, Egypt, and Nigeria Emerge as the African Leaders

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Key Issues Addressed

The Frost Radar™ for Economic Development determines a region's future growth and development potential measured by its ability to enhance quality of life (QOL) for its citizens. This report explores Africa’s key strengths and weaknesses through country-level assessments of growth and innovation initiatives and then benchmarks each country on t...

The economic growth outlook for Central America and the Caribbean (CAC) countries is set to rebound in 2021 from the deep economic contractions experienced in 2020 on account of COVID-19 led disruptions. The region is still heavily dependent on external demand, be it tourism inflows in the Caribbean or trade in Central America. As global growth ...

The macroeconomic outlook for South Asia is expected to be relatively strong in 2019 on account of infrastructural development and investments. Nevertheless, the outlook doesn’t look great in terms of even higher growth as a result of a trade war between two economic giants, the United States and China, affecting the region. The growth pattern is...

Major economies in the Middle East and Africa experienced an economic slowdown with GDP growth rate declining for Saudi Arabia, United Arab Emirates (UAE), Nigeria, Qatar, Israel, and Iran in the second quarter of 2019. The area is affected by volatile oil prices, and in Q2 especially, there was a decline in oil prices and production cuts by OPEC. ...

This research delves into the macroeconomic outlook for Latin American and Caribbean countries with respect to the political environment, GDP growth, inflation and interest rates, income levels, labor market, and population. The countries analyzed as a part this research include Puerto Rico, Panama, Jamaica, Trinidad and Tobago, Costa Rica, the Dom...

This research tracks the economies of Costa Rica, the Dominican Republic, Guatemala, Jamaica, Panama, and Puerto Rico. The research provides insights into the macroeconomic and automotive outlook for these select Latin American and Caribbean economies, with forecasts until 2023. Topic areas analyzed include the gross domestic product (GDP) growth, ...

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...