The most influential Megatrends set to shape the world through 2030, identified by Euromonitor International, help businesses better anticipate market developments and lead change for their industries.
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Learn moreMay 2017
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The global economy gained speed in Q4 2016 and expanded by 3.3% year-on-year. The growth momentum is anticipated to persist throughout 2017. We expect the world GDP growth to pick up from 3.2% in 2016 to 3.5% in 2017 and 3.6% in 2018. Emerging markets continue to account for most of global growth. In advanced economies confidence indicators have also increased, but aging population and feeble productivity growth will keep constraining the outlook. Global macro risks have declined since February.
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Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.
The growth momentum is anticipated to persist throughout 2017. We expect the world GDP growth to pick up from 3.2% in 2016 to 3.5% in 2017 and 3.6% in 2018.
Their economic activity has accelerated due to rebound in commodity prices and increasing global demand. The GDP growth is expected to gradually rise from 4.4% in 2016 towards 5% in 2018 on the back of higher commodity prices and recovery in commodity exporters like Brazil and Russia.
Financial markets and business sentiment have also improved. The US and Eurozone seem to be entering a more robust recovery from the 2008 global financial crisis and the 2011 Eurozone crisis. Yet aging population and feeble productivity growth will keep constraining the advanced economies’ outlook in a medium term and GDP growth is forecast to stay around 1.8% over 2017-2018.
However, advanced economies remain exposed to the risk of economic stagnation due to slow labour productivity growth and high political uncertainty. While Emmanuel Macron’s presidential win in France is good news for Europe, the populist wave hasn’t gone away. Emerging markets remain vulnerable to tighter global financing conditions and China continues facing the risk of credit downturn as a result of slow progress on controlling financial risks.
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.