Standardised coverage and timely analysis helping you to understa...
Standardised coverage and timely analysis helping you to understand the economic drivers, including GDP, external trade, consumption and leading indicators such as business and consumer confidence, underpinning consumer markets.
In 2023, Sweden’s economy contracted slightly, with a decline in private spending and housing investment. However, the economy is projected to improve in 2024, with a forecast compound annual growth rate of 1.7% over 2023-2028. Furthermore, inflation…
In 2023, Spain’s economy demonstrated a degree of resilience, with real GDP growth of 2.5%, outperforming the Western European average, despite the environment of geopolitical instability, high inflation and elevated burrowing costs. However, a…
In 2023, the Netherlands’ economic growth decelerated, due to subdued private expenditure and a drop in exports. However, the economy was supported by increases in public spending and gross fixed capital formation. Despite the slowdown in economic…
In 2023, Portugal’s economy grew by 2.2%, outperforming Western Europe’s average, supported by increases in private spending, public consumption, and a thriving tourism industry. However, a slowdown is expected in 2024, due to a challenging external…
In 2023, Turkey’s real GDP growth slowed to 2.8% amid tight financial conditions and surging inflation, but it outperformed Western Europe’s average growth. Furthermore, Turkey’s inflation levels decreased to 53.9% in 2023, following a change in the…
Ireland’s real GDP contracted in 2023, primarily due to subdued foreign demand, which negatively affected export-focused industries, and sluggish private investment. In 2024, Ireland’s economy is projected to rebound, underpinned by a robust labour…
In 2023, Greece’s GDP growth slowed to 2.2%, but outperformed Western Europe’s average. Economic growth was driven by private spending, gross fixed capital formation, and a resurgence in tourism, although it was hindered to some extent by sluggish…
In 2023, France’s GDP growth slowed to 0.7%, underperforming Western Europe’s average, weighed down by high inflation, stringent financial conditions and sluggish public consumption. The country’s economic growth is projected to pick up in 2024,…
In 2023, Switzerland’s GDP growth slowed to 0.7%, dragged down by subdued private investment and public consumption. Following this deceleration in 2023, the Swiss economy is projected to grow by 1.2% in 2024, primarily driven by domestic activity.…
In 2023, Denmark's real GDP growth slowed to 1.4%, yet outperformed the Western European average. Despite a rise in private spending and exports, the economy was hindered by sluggish public consumption and increased interest rates. Over the forecast…