Economy, Finance and Trade

China’s real GDP growth will weaken considerably in 2020 due to COVID-19. Domestic demand has been hit hard as people stayed at home. Supply has also been affected as companies suffered shortages of labour and supply chains faltered. However, ...

The French economy will experience a sharp recession in 2020. The impact of measures to contain the Coronavirus (COVID-19) pandemic will weigh on domestic demand whilst global economic conditions due to the virus will weigh on exports. Investment was...

The economy will experience a recssion in 2020. Economic activity collapsed in the second quarter of 2020, as lockdown measures to fight the Coronavrus (COVID-19) pandemic required many businesses to suspend activities and consumers to stay home. ...

The economy will experience a recession in 2020. The domestic performance will be hampered by the Coronavirus (COVID-19) shutdowns, whilst export growth will be hindered by the global COVID-19 related slowdown. The contraction in the US, the main ...

The economy will decline in 2020. The government’s social distancing Coronavirus (COVID-19) measures will weigh on domestic demand, whilst the slowdown abroad, caused by COVID-19 will affect tourism, trade and remittances. Global supply chains have ...

The economy will contract sharply in 2020, caused by diminished domestic demand, due to the social distancing laws in place to contain the Coronavirus (COVID-19), added to a drop in external demand caused by the global pandemic. Investment will also ...

The economy will weaken in 2020. This performance reflects lower external and domestic demand and constraints on supply as containment measures are implemented. Assuming the pandemic remains contained within the first half of 2020, real GDP growth ...

Ghana’s economy will lose steam in 2020, owing to lower oil production, weak global demand, global supply chain disruptions, and a steep decline in international travel, trade and retail and hospitality services. Coronavirus (COVID-19) containment ...

Argentina’s economy will contract again in 2020. Severe macroeconomic imbalances including persistently high inflation, a high fiscal deficit and unsustainably high public debt make the economy poorly equipped to deal with a large negative shock. ...

Brunei Darussalam’s economic growth will weaken in 2020. In 2020 the economy has been stifled by falling domestic demand, due to the pandemic containment measures and been plagued by difficulties in the external sector caused by the collapse in oil ...

In 2020 real GDP is expected to fall by of 9.7%. The pandemic containment and mitigation measures will have a significant negative impact on non-oil activity in 2020, whilst the decline in oil prices has resulted in a sharp fall in oil revenues since...

Growth has been sluggish in recent years but Liechtenstein has a very high per capita income. Economic prospects depend on the rate of growth in other parts of Europe. The financial sector accounts for more than half of GDP and provides up to 30% of ...

Kiribati is one of the world’s poorest countries. The economy is growing at a moderate pace. Strong gains in fishing revenues drive the economy and have improved the fiscal position. However, Kiribati is limited by a shortage of skilled workers and a...

Barbados will see another economic contraction in 2019. An increase in public investment provides some support. Weaknesses in domestic demand curb the pace of economic gains. The on-going programme of fiscal consolidation is another drag. A fall in ...

The US economy is expected to decline sharply in 2020. The fallout related to the economic and social measures in place to contain the COVID-19 virus will be disastrous for the US. The effects of the pandemic will be felt on both domestic demand and ...

The economy will slow significantly in 2020. The sharp global economic downturn due to COVID-19 and border closures with neighbouring countries have led to a significant reduction in economic activity, with sectors such as commodity exports, trade, ...

Hungary’s economy will contract steeply in 2020. The economy will be negatively impacted by the measures taken to contain the COVID-19 outbreak. Both domestic demand and export performance will deteriorate due to the limits on trading imposed in both...

The economy will experience a steep recession in 2020. Growth will be negatively impacted by the effect the economic and social measures taken in response to the COVID-19 outbreak will have on the economy. Exports will decelerate and private ...

Slovenia’s economy will experience a steep recession in 2020. Considerable pressure will be exerted on the economy, due to the fallout from the economic and social pressures of containing the COVID-19 virus. There will be a dramatic effect on ...

Uruguay’s economy will contract in 2020. The outbreak of COVID-19 and subsequent economic and social measures that were imposed, is impacting domestic demand. Meanwhile. External demand is hampered by the pandemic related slowdown. Once the pandemic ...