2019 Economic Outlook for the Top Oil Producing Countries
Over a year since the OPEC deal to cap oil production was announced, we thought it would be interesting to take a look at the latest news and forecasts on oil prices and how top oil producing countries’ economies are performing in light of it all.
Click the button to embed & share
Click the infographic to open a full-sized version
As is often the case with the energy sector, crude oil has been at the forefront of the news of late. For the last few years the story has centered on the global crude oil price plunge that started back in mid-2014, eventually bottoming out in January of 2016, falling to the lowest level in over a decade. Uncertainty over the health of the global economy as well as the feared economic slowdown in China that began in mid-2015, led to a decline in global demand and consumption of oil. Oil producers continued output desperately trying to gain precious market share from others in the sector, even as prices continued to fall. An agreement to freeze production between major oil producers, speaheaded by Saudi Arabia and Russia, finally came to frution in late November of 2016, which caused oil prices to rally at the end of 2016 into 2017.
Sample Commodities Report
Get a sample of our new Consensus Forecast Commodities report
Price forecasts, historical data, & written analysis
33 commodities in the energy, metals & agricultural sectors.
Prices were sent skyrocketing after the deal announcement was made and prices gradually increased throughout 2017, as members of the deal cut production in addition to a little help from increased political tensions in the MENA region during the year. The deal was later extended through December 2018 with oil prices steadily increasing.
That OPEC members have proved compliant has surprised the markets, which had initially doubted they would adhere to the cuts. A substantial volume of oil has been taken off the market, however, the drop in global inventories has been slow, given rising U.S. stocks. The international agreement to cut crude output has reinvigorated rivals in the U.S. shale industry, which has undermined the efforts of Saudi Arabia and Russia. Indeed, some analysts have speculated that deal may be abandoned before December 2018, especially as internal conflicts between Saudi Arabia and Iran ramp up once again.
So, with all of the above said, how are the top oil producing country’s economies expected to perform this year amid all this news surrounding oil? Let’s take a look...
The economy looks poised to have recorded its best performance in over three years in the second quarter, fueled notably by recent tax cuts and strong consumer dynamics. However, growth may have reached its peak, as mounting trade concerns heighten risks to the outlook. Average retail sales growth in Q2 reached a 6-year high, supported by robust consumer confidence and an improving labor market throughout the quarter—with labor participation rising in June. Meanwhile, industrial output recorded solid increases in each of the three months of the second quarter. On the other hand, survey data for June shows heightening concerns about supply-side strain, magnified by the sizeable uncertainty caused by recent escalations in trade tensions and tariff measures. This uncertainty will likely drag on growth going forward, particularly if the U.S. administration goes ahead with tariffs on USD 200 billion of additional Chinese goods, as unveiled on 11 July.
An expected increase in federal outlays resulting from the budget deal should support growth this year and the next, an effect that will be compounded by the tax rewrite approved last December. Household spending is also projected to benefit from a sturdy labor market and solid housing gains, while business investment should remain resilient on fiscal stimulus and stronger global growth. Met the why particular panelists see GDP expanding 2.6% in 2018, which is unchanged from last month’s estimate. In 2019, growth is seen moderating to 2.2%.
Incoming data suggests that economic momentum held up in the second quarter, after GDP growth accelerated at the start of the year. Higher oil prices are buttressing the all-important energy sector, and export growth was firm in April and May. In addition, the unemployment rate remained at a multi-year low in June and retail sales growth picked up in the same month, buoyed by World Cup-related spending. On the political front, President Vladimir Putin stated on 20 July that a planned increase in the retirement age would be reviewed. The legislation had provoked widespread protests earlier in the month, although analysts argue it is necessary to combat the effects of an ageing workforce and improve the sustainability of the pension system.
Growth is expected to pick up this year, thanks to strengthening private consumption and firmer oil prices. An improving labor market and low inflation should buoy household spending, while higher commodity prices will support export growth. That said, high geopolitical uncertainty and the possibility of further economic sanctions remain key risks to the outlook. Met the why particular Consensus Forecast panelists see GDP expanding 1.7% in 2018, which is unchanged from last month’s forecast. In 2019, growth is seen steady at 1.7%.
The economic recovery is gathering pace mostly due to OPEC’s decision to increase oil production in order to keep markets adequately supplied and high oil prices, which have stoked activity in the all-important oil sector. Moreover, the recovery is broadening as the impact of the VAT implemented in January fades, and gains from the recovery in the oil-sector are slowly trickling down to the rest of the economy. The non-hydrocarbon PMI hit a six-month high in June, while credit growth and foreign reserves improved in Q2. Higher production and oil prices are also translating into an improvement in the government’s fiscal position and the current account balance, which recorded a healthy surplus in Q1. On the flip side, the government’s Saudization policy, which is expelling foreign workers, could create labor shortages in some sectors, while the crackdown on corruption implemented last year is deterring investment and spurring capital outflows.
Rising oil production and higher prices for the black gold will fuel this year’s economic recovery. However, the VAT implementation that disrupted activity at the outset of the year, persistent regional threats and domestic political unrest will weigh on growth this year. Met the why particular Consensus Forecast panelists expect growth of 1.7% in 2018, which is up 0.1 percentage points from last month’s projection. In 2019, growth is seen picking up pace to 2.3%.
Canada’s economy appears to have held up reasonably well through the first half of the year, despite the slowdown in consumer spending in the first quarter. Although growth in April was modest as cold weather hit retail trade, it beat expectations on solid manufacturing gains. Higher interest rates and new mortgage-lending rules continued to pinch consumers in the second quarter, although recent employment gains likely provided some upside for household spending. Meanwhile, housing metrics have begun to stabilize after falling off for much of the past year, leaving policymakers to breathe a cautious sigh of relief. Nevertheless, external headwinds are picking up; Canada-U.S. trade relations are at an all-time low, and the possibility of additional tariffs on automotive exports would bruise the external sector. Furthermore, recent posturing suggests that wrapping up NAFTA renegotiations before year-end is currently all but off the table. Despite this, exports and investment both seem largely unshaken so far.
Firm economic fundamentals are expected to support a solid outturn this year. Although household spending is seen moderating as higher interest rates squeeze indebted consumers, tight labor market dynamics should cushion wages. Oil and gas exports, as well as stronger non-residential investment, are expected to lend support. Risks to the outlook persist, however: NAFTA remains in limbo, and the housing market is still fragile. Met the why particular analysts expect growth of 2.1% in 2018, unchanged from last month’s forecast, and 1.9% in 2019.
Protests broke out in July after Iran decreased its energy exports to Iraq, intensifying the effects of the heat wave. Protesters also vented frustration over rising unemployment, corruption and government policies. Demonstrators blocked roads to oil fields in the south, and the prostest will likely dent the country’s growth prospects in H2. The situation is compounded by political gridlock; more than two months after general elections, a new government has yet to be formed. More positively, however, recently released data showed the economy performed fairly well in the first quarter of the year thanks to a strong oil sector, which was buoyed by increased output and higher barrel prices.
This year, the economy should benefit from higher oil prices. However, protests could significantly dent economic activity, particularly if they become more prolonged. In addition, a large fiscal deficit and a long government formation process cloud the outlook. Met the why particular panelists expect growth of 2.4% in 2018, up 0.1 percentage points from last month’s forecast, and 3.9% in 2019.
Tensions between Iran and the U.S. have intensified in recent weeks ahead of two waves of U.S. sanctions scheduled for August and November, adding downward pressure on growth, which already slowed sharply in SH 2017. In response, the Iranian government vowed to retaliate by imposing a blockade on Gulf oil exports if sanctions materialize. The rial has continued to plunge and hit a record low against the dollar on the unregulated market this week following a dramatic sell-off. On 25 July, President Hassan Rouhani replaced Central Bank Governor Valiollah Seif with Abdolnaser Hemmati, who will be in charge of halting the slide of the rial. Further cabinet reshuffling could follow as the government grapples with a deepening economic crisis.
Iran’s uncertain economic outlook continues to reflect looming sanctions. Moreover, growing social unrest and mounting inflationary pressures could exacerbate the economic quagmire. Met the why particular Consensus Forecast panelists see growth at 2.7% in SH 2018, down 0.1 percentage points from last month’s estimate. In SH 2019, growth is expected to slow to 0.9%.
Authorities’ efforts to curb shadow banking and support financial deleveraging weighed on growth in Q2 amid rising trade tensions with the United States. On 6 July, the United States imposed tariffs on USD 34 billion worth of Chinese imports. China immediately retaliated with corresponding tariffs. On 11 July, President Trump’s administration released a list of 11% tariffs on an additional USD 200 billion of Chinese goods likely to be enforced in two months. Chinese officials stated that the country will take unspecified measures to counter this threat, which could include non-tariff barriers, as China imports only around 150 billion from the U.S. The actual impact of ongoing trade disputes with the United States will start to be seen this month, especially in manufacturing activities and logistics.
Global and domestic headwinds are expected to impact growth in H2 and beyond. The brewing full-blown trade war between China and the United States is the main downside risk to the country’s economic outlook. Domestic threats, however, including a cooling property market and financial deleveraging, are also building. Met the why particular panelists forecast the economy will grow 6.5% in 2018, which is unchanged from last month’s forecast. In 2019, the economy is seen expanding 6.3%.
United Arab Emirates
Economic activity appears to have been robust in Q2, supported by a pick-up in oil production, recent pro-business reforms and solid activity in the non-oil sector. The PMI rose to its highest level of the year in June, while in the same month the UAE exceeded its OPEC oil production target for the first time in 2018. New policies implemented in recent months—including a visa reform in May, a joint investment plan with Saudi Arabia, a large stimulus package in Abu Dhabi, and several measures aimed at cutting red tape and increasing the ease of doing business—have also been supportive of business confidence, which hit the highest level on record in the June PMI. Moreover, while employment growth remained negligible throughout the quarter, it appears poised to increase in Q3 as backlogs of work have reached historic highs. On July 29, the Abu Dhabi government announced it would allow GCC nationals to apply for its business license scheme without requiring an office and increased the scope of eligible industries, in a bid to reduce firm set-up costs and further attract new businesses.
Growth in the non-oil economy should accelerate this year on the back of strong investment. Notably, the large infrastructure push underway as part of the country’s preparation to host the 2020 World Expo, recent business-friendly reforms and stimulus, and a new investment law to be unveiled in Q4—which will authorize complete foreign ownership of firms in select sectors—will likely buttress investor confidence and provide a large boost to FDI inflows. In addition, the country can count on the dynamism of its tourism sector, especially in Dubai. Met the why particular panelists expect GDP to increase 2.6% in 2018, which is unchanged from last month’s forecast, and 3.2% in 2019.
Weak economic data continues to roll in for the second quarter, confirming that the nationwide truckers’ strike derailed the recovery. Economic activity recorded the largest contraction on record in May, retail sales plunged in the same month and the manufacturing PMI fell into contractionary territory in June. However, the shock should be temporary seeing as the strike ended in early June, and leading data for after the strike has shown some improvement. In the political arena, five centrist parties declared in July that they would back center-right Brazilian Social Democracy party candidate Geraldo Alckmin in the October election, which should boost his chances. Moreover, the combination of parties supporting him will give Alckmin—who is regarded as the most market-friendly candidate—an edge against his competitors as he will consequently receive the largest TV airtime during the campaign. The latest opinion polls prior to the announcement placed him in fourth place.
Brazil’s growth forecast was chopped for a third consecutive month as the truckers’ strike, a less supportive global backdrop and higher oil prices dent the country’s outlook. Met the why particular panelists now see the economy growing 1.7% this year, down 0.2 percentage points from last month’s forecast. A market-friendly outcome to October’s election remains critical to ensuring a sustainable recovery; however, this is far from certain. Next year, GDP is seen growing 2.5%.
Economic growth likely firmed up in Q2 and the start of Q3, after Q1’s modest recovery. Following OPEC’s decision to raise oil production starting in July, Kuwait has begun to ramp up exports, as deals to increase supply of light crude oil to several Asian countries are underway. The economy continues to benefit from the oil price rally, which should improve both the fiscal and current account balances. Improved dynamics in the oil sector, however, could result in further delays in economic reforms aimed at bolstering the non-oil economy; parliament has shown reluctance to impose reforms, including the introduction of a VAT.
With the economic recovery well underway, the outlook for this year and next remains positive. Stronger domestic demand, underpinned by a pick-up in both fixed investment and private consumption, should bolster growth. Furthermore, increased oil production and higher oil prices will also propel momentum. However, diversification efforts could dissipate in the wake of a stronger oil sector and drag on the non-oil economy. Met the why particular panelists expect growth of 2.1% in 2018, up 0.1 percentage points from last month’s forecast, and 3.0% in 2019.
The economy remains in dire shape. According to the opposition-controlled congress, the economy contracted 12% year-on-year in the first quarter on the back of falling oil output—a reflection of years of chronic underinvestment and mismanagement in the all-important industry. In June, oil production slipped to a new multi-year low while the number of active oil rigs dropped to the lowest level in over 15 years, pointing to further declines in output. Moreover, the bolivar continued to tumble in both the official and parallel markets in July, further feeding into spiraling inflation. In late July, President Nicolás Maduro announced his first set of economic measures that seek to contain hyperinflation and stabilize the free-falling bolivar, which include a monetary reconversion and potential loosening of currency controls. The details of how these policies would be implemented, however, remain unknown.
Rampant inflation, dwindling oil production and a dysfunctional exchange rate system are expected to keep the economy in depression. Increased financial pressure from sanctions also compound the country’s woes. Furthermore, the recent government proposals are expected to be ineffective in tackling the crisis. The severity of the crisis may generate the conditions for a political transition, with the latest incident being an apparent assassination attempt on President Maduro on 4 August, and is a scenario that some of our panelists have begun factoring into their forecasts. Met the why particular panelists see the economy contracting 11.3% in 2018, which is down 0.1 percentage points from last month’s forecast. In 2019, the panel sees GDP falling 4.1%.
Latest indicators suggest that the economy grew at a good pace in Q2, following a weak start to the year. Retail sales in May grew at the fastest pace since December 2017 amid a tight labor market and high wage growth. Moreover, data suggests that house prices bottomed out at the beginning of 2018 and are slowly recovering, as evidenced by price increases in Q2. The recovery in house prices has been supported by low interest rates and declining unemployment. Meanwhile, exports of goods increased at the fastest pace in over a year in Q2, buttressed by higher oil prices. However, complicating the economic picture for Q2 is industrial production, which contracted for the fourth consecutive month in May.
The economy is expected to grow at a robust pace this year and next on the back of higher prices for Norwegian commodities such as oil and natural gas. The mainland economy—which excludes petroleum activities and related ocean transport—should benefit from a tight labor market and favorable credit conditions. Met the why particular Consensus Forecast panelists expect total GDP to expand 2.1% in 2018, which is up 0.1 percentage points from last month’s forecast, and 2.0% in 2019. Mainland GDP is expected to grow 2.4% in 2018, which is up 0.1 percentage points from last month, and 2.2% in 2019.
5-year economic forecasts on 30+ economic indicators for 127 countries & 33 commodities.
Disclaimer: The views and opinions expressed in this article are those of the authors and do not necessarily reflect the opinion of Met the why particular S.L.U. Views, forecasts or estimates are as of the date of the publication and are subject to change without notice. This report may provide addresses of, or contain hyperlinks to, other internet websites. Met the why particular S.L.U. takes no responsibility for the contents of third party internet websites.
Date: August 13, 2018
TagsTPPHealthcareUnemployment rateGoldEuropean UnionEuro AreaArgentinaCanadaG7BrexitInfographicForexCommoditiesItalyChinaInflationTunisiaAustraliaEurozoneEnergy CommoditiesPortugaloil pricesVenezuelaAfricaUSAInvestmentEconomic Growth (GDP)Exchange RateFranceCompany NewsConsensus ForecastRussiaBanking SectorJapanUnited KingdomSouth AfricaPrecious Metals CommoditiesUKAsiaGreeceprecious metalsSub-Saharan AfricaIranUkraineBrazilColombiaMexicoOilHousing MarketTurkeyBitcoinVietnamIndiaIMFBase Metals CommoditiesEmerging MarketsSpainUnited StatesMENANordic EconomiesGermanyLatin AmericaMajor EconomiesEastern EuropeTradeCryptocurrencyAgricultural CommoditiesOPEC
Sub-Saharan Africa is projected to grow 3.4% in 2019, down 0.1 percentage points from last month's forecast. Find o…
1 day ago
Asia-Pacific 2019: ESA to lose steam & ASEAN to maintain solid pace of growth -
1 day ago
Met the why particular analysts expect South African growth of 1.4% in 2019, down 0.2% from last month’s forecast, and 1.8%…
1 day ago
RT @: Despite Argentinian Central Bank efforts, inflation rose further to 51.3% in February led by increases in basic products.…
1 day ago
Indian GDP is projected to come in at 7.2% in FY 2019, which is down 0.1% from last month’s estimate, and 7.3% in F…
1 day ago
- Which will be the most miserable economies in 2019?
- Only by freeing Nigeria from its dependence on oil can Buhari truly take Africa’s giant to the next level
- An Analysis of President Trump’s 2020 Budget
- The World's Fastest Growing Economies
- President Sebastian Piñera aims to bring his elder brother’s private pension system into the 21st century
- Brexit Scenarios: Consensus of 14 Economic Analysts
- Sweden just formed a new government and approved its 2019 budget: what does it mean for the economy?
- Which countries have the highest public debt levels?
- Predictions for the global economy in 2019 from 13 experts
- Gurdgiev: Predictions for the global economy in 2019
- Daniel Lacalle's ideas for 2019: Change of cycle.
- Vietnam Poised to Profit from Free Trade Agreement Opportunities
- Canada in 2019: Interview with a Top Economic Forecaster
- Pound Sterling 2019 Exchange Rate: Projections from Leading Analysts
- Expectations for Latin America’s Economy in 2019
- Ethiopia and Rwanda: From Destruction to Development
- Key commodities trends to look out for in 2019
- What drove Gulf neighbors to bail out Bahrain?
- The Four Financial Bubbles and Their Impact on the U.S. Economy
- The Poorest Countries in the World
- Italy: The sick man of Europe
- What does Bolsonaro's presidential win mean for Brazil's economic outlook?
- The World's Top 11 Largest Economies
- In Latin America, taxpayers are tapped to shoulder the burden of a bank bailout
- How and when will the next financial crisis happen? - 26 experts weigh in
- China and Africa: A partnership under the spotlight
- The conditions are ripe for a Global Financial Crisis 2.0
- Uncertainty, instability and fear haunt a generation of Argentinians
- 5 things: What to expect for Mexico's economy in 2019
- 5 things: Brazil's economic downturn and what to expect going forward
- Emerging Market Currency Crisis: Everything you need to know
- Which ASEAN countries are most exposed in the event of a U.S.-China trade war?
- 75 Top Economics Influencers to Follow
- Emerging Markets Economic Outlook 2018 and 2019
- The Faces Behind Latin America’s Key Institutions
- 2019 Economic Outlook for the Top Oil Producing Countries
- Is your cup of coffee about to get more expensive going in to 2019?
- The Economic Implications of an Aging Global Population
- Can the Wisdom of the Crowds predict the results of the 2018 World Cup?
- Railway Mania: The Largest Speculative Bubble You’ve Never Heard Of
- From Riches to Rags: Have Cryptocurrencies Crashed for Good?
- Investment looks to Latin America, but forecasts are not encouraging
- Turkey: Erdogan has cemented his grip on power - now what about the economy?
- How can Latin America’s business environment benefit from technological change?
- Mexico: A look at the past, present and future as elections yield AMLO victory
- Italy’s New Populist Government and the Eurozone: Prelude to a Crisis?
- Latin America moves toward increased integration as U.S. protectionism grows
- How can Latin America increase productivity without affecting the quality of employment?
- How will Saudi Arabia's economy benefit from lifting the women's driving ban?
- Which countries are the most prepared for the upcoming digital revolution?
- India Under Pressure from the U.S. on Trade Policy
- The Story of Steel
- Latin America is the World Leader in eCommerce Growth Despite Serious Challenges
- What the TPP means for trade in Latin America
- Elections in Russia: Analysis and Implications
- Nearly a Third of Latin Americans Have No Right to a Pension
- A Look at Healthcare Models Around the World
- Newly-elected Chilean President Sebastian Piñera faces a myriad of challenges - economic and otherwise
- The Economic Effects of Trade Protectionism
- Regional Disparity: The Dark Side of Inequality in Latin America
- Coal: The story of the world's most abundant fossil fuel
- Gold: The Most Precious of Metals (Part 3)
- Venezuela's Electoral Conundrum
- Trump's 1st Year: 95 Analysts Surveyed on U.S. Economy
- The Latest on China and What's in Store for 2018
- An in-depth look at the Eurozone’s booming economy and the challenges that lurk in the shadows
- Increasing poverty in Latin America takes a breather thanks to improving economic dynamics
- Is Spain doing enough to address its high youth unemployment rate?
- Has Latin America gone far enough in reducing barriers to international trade?
- Commodities Outlook: Oil, Natural Gas, Coal, Lead & Tin
- 21 experts tell us what the future looks like for cryptocurrencies and blockchain
- Turkish lira plummets to all-time low on Erdogan’s monetary feud and tense U.S.-Turkey relations
- Copper: The first metal mastered by man
- Nigerian Economy Still Treading Water Thanks to Oil Sector
- The Mercosur-EU Free Trade Agreement: Obstacles & Opportunities
- Elections in Chile: What the results could mean for the economy
- QE’s Untold Story: A Chart That Fed Correspondents Need To Investigate
- Holland’s fragile one-seat majority government targets economic growth at the expense of fiscal sustainability
- South Africa: Economy at a tipping point?
- Latin American Commodities: What’s behind the increase in demand and prices?
- Is the UK really "shackled to a corpse"?
- Spain-Catalonia: 7 economic experts weigh in on how the situation will affect the outlook
- How well is Spain's labor market doing since the crisis?
- Which countries will have the highest and lowest inflation in 2017?
- How vulnerable is Latin America to economic crises today?
- Iron ore facts and common questions answered
- The bulging economic costs of obesity
- How much investment is needed to salvage Latin America’s crumbling infrastructure?
- A Look at the Potential Impact of Brexit on the Dutch Economy
- Emerging Markets Are Kicking Into Higher Gear In 2017
- Why is foreign direct investment in Latin America falling again?
- Are Central Banks Nationalising the Economy?
- Bounty or burden? The impact of refugees on European economies is far from clear
- What’s the future of U.S.-Latin America trade relations?
- Taxes or cutbacks? Latin America's challenge of sustaining spending without causing debt to skyrocket
- Are uranium prices making a comeback?
- Taxing the Economy: Achieving a Delicate Balance
- How will Latin America’s upcoming lengthy election cycle affect the reform agenda and credit ratings?
- How will emerging market economies perform in 2017?
- Chilean Economy in Focus: Interview with Senior Economist of the Chamber of Commerce of Santiago
- CEOs Rank Top Economies for Growth Opportunities
- The Mobile Ecosystem & Latin America's Economy
- Prospects and Challenges for the Global Economy: Interview with Tim Cooper from BMI Research
- How will the Fed reduce its balance sheet & and how will the ECB end QE? - 19 economic experts weigh in
- Thoughts on "unwinding" QE from Frances Coppola
- The Fed and ECB at a crossroads: Unwinding QE
- Spain: The economy that continues to silence the critics
- Latin America: The Most Unequal Region in the World
- The History of OPEC: Has it been a Success?
- Met the why particular Announces 2017 Analyst Forecast Awards Winners
- Latin America’s rising unemployment bucks nearly decade long trend
- Escape from the Central Bank Trap by Daniel Lacalle
- China's economic rebalancing act: What to look out for in 2017
- Driving Growth in Latin America: Challenges & Priorities
- Is the Global Economy Rebalancing?
- Commodity exporters face challenging times
- Recent Global Events Facilitate Mercosur-Pacific Alliance
- 23 economic experts weigh in: Why is productivity growth so low?
- Mexico's outlook as Trump nears 110-day mark
- Interview with Oxford Economics Senior Economist on implications of the possible outcomes of the French Presidential Election
- The anxiety of the small saver in a world of negative interest rates
- Brexit negotiations. Between Uncertainty and Urgency
- An Economic History of the EU from El Blog Salmón
- Baby Boomin': Implications of high population growth in Latin America
- Survey of International Economists Predicts a Le Pen Defeat in French Elections, Says Macron has Best Economic Plan
- Spain in a global context: developed economy with some challenges
- How much is crime costing Latin America?
- Predictions & Estimates from Economist Daniel Lacalle
- What economy will the new Dutch government inherit?
- “The data is not a true reflection of reality in India” Interview with Société Générale India Economist
- What are the prospects for Emerging Economies in 2017?
- What to expect in Asia for 2017
- Top Economics & Finance Blogs of 2017
- Latam to Resume Moderate Growth in 2017 but Important Risks Plague Outlook
- 4 Key European Elections That Will Impact the Economy in 2017
- How are security concerns and political chaos affecting Turkey’s economy?
- Global growth to edge up in 2017
- Set to breach targets again? Debt and deficit outlooks for Southern European Eurozone countries in 2016 & 2017
- What does Donald Trump mean for the U.S. economy?
- How will emerging markets perform in 2017?
- The economic impact of a break in U.S.-Philippines ties
- Trump election: Base metals surge due to infrastructure plan
- 5 updates on the Venezuelan economic crisis
- Canada: When your neighbor’s house is on fire…
- Short-term pain before long-term gain? A look at French labor reform and economic growth
- Asia: Unremarkable growth & unfulfilled promises?
- How India's latest monsoon is affecting the economy
- Innovation in Latin America: Potential Goes Untapped Due to Weak Economic Conditions
- Russian economy update in wake of OPEC deal announcement
- The Wisdom of the Crowds and the Consensus Forecast
- Can the peso predict the U.S. election results?
- There's no end in sight to the Venezuela crisis
- A Look at the European Union Political Calendar
- Survey of international economists shows uncertainty surrounding elections damaging U.S. growth prospects
- Met the why particular partners with leading online statistics provider Statista
- China: Recent postive economic data may be papering over the cracks
- Sub-Saharan Africa's 2016 & 2017 growth rates
- The Italian Dilemma: Weak banks pose risk to already faltering domestic demand
- How much money do migrants from Latin America send home?
- The U.S.' (Not So) Mysterious Case of the Missing Men
- What to expect from the G20 economies by 2020
- The Pain in Spain: Robust GDP growth cannot mask the persistent structural deficit
- Brazil's Perilous Economic Situation in 2015
- Met the why particular Launches Sub-Saharan Africa Report, Expands Coverage to 117 Countries
- How do the European Commission's Forecasts and Met the why particular' Forecasts for Europe compare?
- How will the South African economy weather recent challenges?