Economy, Finance and Trade
Country Profile
Estonia: Country Profile
Mar 2019
The economy is gradually becoming more balanced and is performing well. Private consumption and exports are the main drivers. Exports – which make up more than half of GDP – will grow at a double-digit pace. However, supply-side constraints are ...
Country Profile
Finland: Country Profile
Mar 2019
Finland’s economy is growing steadily. Investment is rising thanks to the launch of major industrial projects (in energy, forestry and metals) and exports will see another year of strong growth. Consumer spending remains subdued and public spending ...
Country Profile
Middle East and Africa: Regional Profile
Mar 2019
In the Middle East and Africa, real GDP growth in 2018 will be below historical trends. A much stronger performance is needed to reduce the region’s huge pool of unemployed. Infrastructure bottlenecks in sub-Saharan Africa are especially acute. The ...
Country Profile
Ireland: Country Profile
Mar 2019
The economy will slow but still grow at a healthy pace. Consumer spending will gain while a stronger job market will provide valuable support. Exports will see double-digit gains. According to the Irish Central Bank, a soft Brexit could cut growth by...
Country Profile
Réunion: Country Profile
Mar 2019
Real GDP grew by 3.1% in 2016 and the pace dipped to 3.0% in 2017. The island is particularly dependent on financial aid from France, which accounts for as much as half of the total GDP. The gap between the well off and the poor is significant and is...
Country Profile
Swaziland: Country Profile
Mar 2019
Swaziland’s economy is expected to contract in 2018. Weaknesses in domestic demand and feeble gains in exports – owing largely to the slowdown in South Africa’s economy – are drags. Public spending is being curbed. Though Swaziland is relatively rich...
Country Profile
Macau: Country Profile
Mar 2019
Macau is one of the world’s largest gaming centres and has one of the highest levels of per capita GDP in the world. After contracting in 2015 and 2016, the economy rebounded in 2017 and growth of 7.0% is expected in 2018. The government has begun to...
Country Profile
Israel: Country Profile
Mar 2019
The Israeli economy continues to grow at a solid pace. Private consumption is the main driver, supported by a rise in fixed investment. Exports will also strengthen while the development of new gas fields provides an additional boost. Investment in ...
Country Profile
Kenya: Country Profile
Mar 2019
Kenya will enjoy strong economic gains in 2018. Growth of consumer spending continues to accelerate. Agricultural output is rebounding as weather conditions improve. Both exports and a buoyant tourist sector provide additional support. A tighter ...
Country Profile
Latvia: Country Profile
Mar 2019
The economy continues to grow strongly. Steady gains in consumer spending are the main driver. Exports – which represent more than two-fifths of GDP – are growing at a double-digit pace. A rise in fixed investment – driven in part by driven by the ...
Country Profile
Peru: Country Profile
Mar 2019
Peru’s economy is strengthening. An improvement in private consumption and strong gains in exports are the main drivers. Public investment is also expected to rise while private investment should begin to grow again after four weak years. The ...
Country Profile
China: Country Profile
Mar 2019
China’s real GDP growth will decelerate again in 2019. New tax and credit policies, together with stronger consumer confidence will stimulate consumer spending, whilst public and private investment will be healthy. Headwinds to China’s economy will ...
Country Profile
France: Country Profile
Mar 2019
The French economy will decelerate slightly in 2019. Cuts in taxes and social security will buoy the economy. Business investment should be healthy, spurred by strong gains in in the private sector, a continuing low cost of debt and the recovery in ...
Country Profile
Argentina: Country Profile
Mar 2019
Argentina’s economy will contract again in 2019. Exports will be boosted by a more competitive exchange rate. However rising inflation, the deterioration of domestic financial conditions and the unfavorable outlook for domestic demand weigh on the ...
Country Profile
Australia: Country Profile
Mar 2019
The economy will grow healthily in 2019. Accommodative monetary policy and tighter labour market conditions are expected to provide ongoing support to growth in household income and consumption. A tightening global environment and trade protectionism...
Country Profile
Dominican Republic: Country Profile
Mar 2019
The economy will decelerate in 2019, due to a cooling in the economy of the USA. However, robust fixed investment and private consumption will buoy the economy, which will continue to grow faster than the regional average. Risks include higher oil ...
Country Profile
Philippines: Country Profile
Mar 2019
The economy is growing at a healthy pace. Consumer spending will be the main driver. Growth will be supported by, by household consumption, government spending, investments driven by public and private construction, a reduction in the cost of doing ...
Country Profile
Puerto Rico: Country Profile
Mar 2019
Much of Puerto Rico’s economy was destroyed in 2017, but the economy is starting to recover. Economic losses from the hurricanes were estimated at US$96 billion. Another obstacle is the island’s huge government debt. Federal assistance will aid the ...
Country Profile
Netherlands: Country Profile
Mar 2019
The economy will slow in 2019, but still grow at a steady pace. Government and consumer expenditure account for the largest contributions to economic growth, whereas contributions from exports and investment will decline. Risks to the outlook are a ...
Country Profile
Nigeria: Country Profile
Mar 2019
Nigeria’s economy appears to be gaining traction although the environment remains challenging. A looser fiscal policy, public spending and stronger household consumption should be important drivers. The slide in oil prices and cuts in production are ...
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