Economic Tracker

The outlook for the Central America and Caribbean economies is expected to stay bleak in 2020, registering technical recession in Q2–Q3 of 2020 and a full year recession for 2021. Local and global containment measures, along with the economies’ large dependence on tourism and remittances particularly coming from the United States, have led to a...

Economies in Asia-Pacific are likely to experience sluggish growth in 2020 on account of the unexpected ramifications of the COVID-19 outbreak. Regional growth is likely to remain stunted in H1 2020 due to the outbreak, but expected to pick up in H2 2020 as the lockdowns and travel bans are expected to be lifted. Key economies like Australia and ...

The Americas are expected to record tepid growth in 2020, higher than that of 2019. Advanced economies such as the US and Canada are likely to witness an economic rebound in 2020. Other smaller economies like Panama and Chile are poised to grow as well. However, Argentina’s growth is likely to remain contracted on account of currency deterioratio...

The North American energy renaissance has taken a back seat in 2016 due to plunging oil prices. Canada is suffering from an economic downturn due to its heavy reliance on the oil and gas industry. The Chinese slowdown and a rising dollar will further create economic headwinds in Canada. Even though the United States stays resilient because of stron...

The Q1 2016 outlook for emerging Asia-Pacific countries is likely to remain bearish because of the slow export recovery. Indonesian and Thai economy might uptick slightly as infrastructure investment accelerates. Malaysian economic outlook for Q1 2016 is dim as it is still battling the conflict out of the imposition of Goods and Services Tax and ad...

The slowing Chinese economy has taken a toll on emerging Asia-Pacific economies. Indonesia’s reforms and robust FDI are helping it recuperate after a lackluster H1 2015. Vietnam’s strong FDI inflows and domestic market are contributing to impressive GDP growth. Malaysia and Thailand are likely to be affected by slow GDP growth and negative busi...

After a dismal Q1 and Q2, Indonesia is expected to continue experiencing slow growth even in Q3 2015. Devaluation of Yuan, an impending rise in interest rate in the US, and sluggish recovery of the US will weigh on the country’s GDP growth in Q3 2015. GDP growth might be little better in Q3, given the improved fiscal position after fuel subsidy a...

Strong economic growth supported by resilient domestic demand, growth in exports, accommodative government policies, and improved investor confidence is expected for the Emerging Asia Pacific economies in H1 2015.

Economic growth in the emerging APAC regions will be resilient through H2 2014 and the beginning of 2015. While favourable financial conditions, improving labour market conditions, and broadly accommodative policies will support domestic demand growth, global economic recovery and a stronger-than-expected recovery of the US economy will help boost ...