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.
Armenia's economic freedom ranking has declined to 'moderately free,' marked by persistent corruption and ongoing high tensions with neighboring Azerbaijan. Despite these challenges, economic growth is projected to remain robust in 2023, surpassing…
Aruba has a stable political environment with solid governance. However, perceptions of corruption are rising on the island. As one of the most dependent territories on tourism in the world, the Coronavirus (COVID-19) pandemic has ravaged the economy…
Limited taxation enables The Bahamas to enjoy relative economic freedom, but state finances are deteriorating. Significant exposure to tourism and adverse weather could scupper economic development in the short term, whilst unemployment is high. A…
Barbados enjoys political stability and is relatively free of corruption. Its break from the Commonwealth could destabilise this institution in the long term. Economic activity has been severely curtailed by the Coronavirus (COVID-19) pandemic, given…
Belize’s future remains uncertain, given claims over its territory, whilst corruption is rife. Substantial exposure to tourism could aid the economic rebound from the Coronavirus (COVID-19) pandemic, but foreign investment prospects remain bright.…
In Benin, economic freedom is on the rise alongside advancements in tackling corruption, yet it is constrained by a decline in democratic principles and increasing public debt. While the economic growth is set to outpace regional peers, it is…
Bermuda has a stable political environment. However, state finances are stretched and could be further pressurised by a rapidly-ageing populace. The economy is expected to outperform peers in the short term, supported by solid activity in the…
Corruption and political instability are impeding economic freedom, whilst the public-debt-to-GDP ratio is one of the highest globally. Although the economy is relatively well diversified, uncertainty could hamper its development and hyperinflation…
Albania is advancing with its programme to join the European Union (EU), but the large informal economy and endemic problems still hold it back. Annual real GDP growth is expected to slow down over the near term. Albania offers a large labour force,…
Anguilla enjoys political stability and low corruption levels, with relatively high trust in the government. Its economy was severely impacted by the Coronavirus (COVID-19) pandemic, given its substantial exposure to tourism. However, the country…
Although Bhutan has solid rankings for peace and terrorism, a lack of trade freedom is inhibiting economic freedom. Owing to the Coronavirus (COVID-19) pandemic and its effect on tourism, the economy is likely to struggle in the short term, although…
Botswana is among the freest countries in Sub-Saharan Africa, with cultural emphasis on peace and participation. The economy, led by the diamond trade, has rebounded post-pandemic, yet faces challenges in export diversification and a high youth…
Burkina Faso faces challenges amid political instability, violence and weak rule of law. Economic challenges are compounded by external shocks and a dependence on agriculture, yet rising mining exports offer some respite. Country’s young, growing…
Although Côte d’Ivoire is politically stable, corruption is rife and the rule of law is weak, whilst state finances have deteriorated. Economic momentum continues to outperform the regional average and inflation is low, but exposure to agriculture is…
Whilst Ghana enjoys a relatively low tax burden, public debt is rising and the state is increasingly stamping out opposition. Economic momentum is slowing in light of inflationary pressures, but the foreign investment climate looks promising. Whilst…
Although state finances have been improving, Iraq suffers from significant corruption and external interference in its domestic affairs. Inflation has been well controlled, but lower oil production could plunge the economy into recession in the short…
Political stability is being addressed by the Solih government, in particular state corruption. Economic growth should return in 2021, following the deleterious effect of the Coronavirus (COVID-19) pandemic in 2020, but the country needs to move…
Burundi faces significant challenges marked by political instability and rampant corruption. High public debt raises concerns about fiscal health. The country’s largely agricultural economy is affected by energy shortages and minimal foreign…
Cabo Verde has one of the most politically stable landscapes in Africa. However, the country stands among the ‘moderately free’ in economic freedom ranking. Continuous recovery of tourism helps to maintain economic growth, which is expected to remain…
The Cayman Islands benefit from political stability, but their position as a secretive financial offshore centre raises incidences of corruption. Tourism is the main economic activity, which has been negatively impacted by the pandemic yet aided…