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...

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 economic outlook for Western Europe is expected to stay muted in 2020. The US-China trade wars, global economic slowdown, and the uncertainty surrounding Brexit have softened external demand, affecting export-based economies such as Germany. While unemployment rates have been low and stable across most of Western Europe, job growth has plateaue...

Economies of the Eastern European countries are gaining strength, being predominantly backed by domestic demand. The GDP is expected to increase by 2.84% in Q2 2018 compared to what it was a year ago, and by 3.0% by the end of 2018. The region is benefiting from upbeat labor markets and strong inflow of European structural funds. Growth in the Cze...

Regional economic growth in Americas is expected to slow from an average of 2.53% in Q4 2017 to 2.41% in Q1 2018 and further 2.35% in Q2 2018. Although manufacturing sector expanded at a slower pace of 2.0% in Q1 2018, it is expected to rise to 3.4% in Q2 2018. The pace of growth in food and beverage sector declined sharply from 4.8% in Q4 2017 to ...

Economies of the Emerging Europe are growing on a strong footing. The GDP is expected to increase by 3.42% in Q1 2018 from Q1 2017, and by 3.6% by end of 2018. The region is benefiting from buoyant labor markets and strong inflow of European structural funds apart from strong export demand from the Eurozone economy. The Czech economy grew by 4.7% ...

Strong growth is expected to continue in Emerging Europe in 2018, driven by robust private demand and a dynamic external sector. In the Czech Republic, increase in wages is driving private consumption. Following the removal of the exchange rate floor in April 2017, value of the Czech currency koruna is likely to strengthen further in 2018. Hungaria...

The Western European economies are back to the growth momentum supported by strong domestic demand and low interest rate despite high political uncertainties. The regional GDP growth is likely to increase up to 2.25% from 1.65% registered one year back. the French economic growth is expected to stay robust in the second half of 2017 supported by s...

The Western European economy will continue its recovery with economic growth gaining momentum amid continuing political uncertainty. Frost & Sullivan expects 2017 GDP growth to reach 2% with slight moderation of 1.8% in 2018. Germany is expected to continue its strong economic growth supported by increased foreign investment inflows as well as stro...