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.
The global economy is forecast to slow considerably in 2023. This comes as businesses and consumers remain constrained by the adverse combination of persistent inflation and high interest rates. Amidst the sharp slowdown, growth prospects have…
As of May 2020, Euromonitor International has further downgraded the baseline global real GDP growth forecast for 2020 to a range of -4.0% to -1.5. Advanced economies are expected to be the hardest hit in this recession, with their economic activity…
Global growth is set to slow in 2024 as a result of high cost pressures for businesses and consumers, especially high interest rates. Asia Pacific will continue to stand out as the main global growth region while advanced economies decelerate.…
This briefing provides a global perspective of the key trends occurring in cities over 2018 -2023. It goes on to provide forecast data and insights for cities over 2024-2040, covering areas such as the economic, population and consumer spending…
Vietnam's GDP grew in 2022, driven by elevated private spending, strong exports, foreign direct investment, and gross fixed capital formation. The manufacturing industry remained the largest contributor to the economy. The country's economy is…
The report examines the economic landscape of Uzbekistan and provides information on major monetary indicators, foreign trade and government finance. The economy expanded in real terms in 2023, driven by exports, private consumption, government…
The report examines the economic landscape of Turkmenistan and provides information on major monetary indicators, foreign trade and government finance. The economy expanded in real terms in 2023, driven by exports, private consumption, government…
The Philippines' economy expanded in 2022, exceeding both regional and previous year growth rates, mainly driven by the services sector, specifically wholesale and retail trade. However, rising inflation has put a strain on purchasing power, leading…
Thailand's economy recovered to its pre-pandemic level in 2022, with private consumption and the tourism sector continuing to drive growth. Despite persisting global pressures, inflation is forecast to contract over the medium term. Exports remain a…
In 2022, Taiwan's economy slowed due to weak demand from major trade partners, such as China. With the global economy expected to slow down in 2023, Taiwan's growth will decelerate further, with escalating geopolitical tensions posing downside risks.…
The South Korean economy slowed down in 2023 due to a deceleration in exports growth. With the inflation rate more than doubling, the government adopted a tighter monetary policy and provided energy subsidies to support vulnerable populations.…
After strong economic performance in 2021, Singapore experienced a considerable slowdown in 2022, due to persisting global supply chain disruptions, rising inflation and weaker foreign demand. In 2023, the country’s economic development is projected…
The report examines the economic landscape of Pakistan and provides information on major monetary indicators, foreign trade, investments and government finance. The economy in Pakistan grew in real terms in 2022, driven by rising public and private…
The report examines the economic landscape of Myanmar and provides information on major monetary indicators, foreign trade, investments and government finance. The economy in Myanmar expanded in real terms in 2022, driven by increasing private…
Over 2022, Malaysia recorded substantial economic growth, driven by increasing public and private consumption, capital investment and strong trade performance. Although inflation increased over the year, it remained among the lowest globally as…
The report examines the economic landscape of Laos and provides information on major monetary indicators, foreign trade and government finance. The economy expanded in real terms in 2023, driven by private consumption, government spending,…
The report examines the economic landscape of Kazakhstan and provides information on major monetary indicators, foreign trade and government finance. The economy expanded in real terms in 2023, driven by private consumption, investments. However,…
Indonesia’s economy considerably expanded over 2022, underpinned by the global commodity boom, growing foreign and domestic investments and increasing private consumption. The economy is projected to further increase in 2023, albeit at a slower rate…
Over 2022, India recorded among the strongest economic growth rates globally driven by high domestic and foreign demand, elevated private and robust government spending. Going forward, supply chain diversification, investments in infrastructure and…
China experienced a considerably slowing economy over 2022, dragged down by the ongoing strict zero-COVID-19 strategy, subdued domestic property market, and weakened consumer and business confidence. However, the economy is forecast to accelerate…