Join our webinar: 2023 Global Economic Outlook
In this on-demand webinar, our economists examine the outlook for the global economy next year.
Assess the Economic Impact
on Your Business
We provide our clients with reliable data, forecasts and analysis for over 200 countries and more than 34 key commodities to help them make sound business decisions. Our reports feature the Consensus Forecast (mean average), along with best- and worst-case scenarios. Find out how FocusEconomics Consensus Forecast reports can help you meet your business goals.
Latest Reports
-
November 23, 2022
Economic Growth
Global economic growth will slow next year on higher interest rates and still-elevated inflation, although government measures to ease the cost of living will provide support. Among the many risks are faster-than-expected monetary tightening, a broadening of the Russia-Ukraine war, a European gas crunch, U.S.-China tensions and a prolonged downturn in China.
-
December 9, 2022
Economic Growth
Regional growth will weaken in 2023 on tight financial conditions, a global economic slowdown and lower prices for key commodity exports. However, a recovering tourism sector will aid services exports. Additional monetary tightening, sociopolitical unrest and ensuing extra fiscal stimulus, and renewed lockdowns in China are key risk factors.
-
December 9, 2022
Economic Growth
Regional growth will cool markedly next year. Private spending will feel the weight of still-high inflation and weak consumer sentiment. Similarly, tightening monetary policy will hurt investment activity growth, while a weakening global economy bodes poorly for regional exports. A potential U.S. recession and domestic political instability are major risks to the outlook.
-
November 18, 2022
Economic Growth
Regional GDP growth will decelerate next year, restrained by a less supportive global backdrop and a softer expansion in consumer spending amid still-elevated price pressures and higher interest rates. That said, a recovery of the tourism sector should support activity. China’s weak growth prospects, a slowdown in the West and volatile energy prices pose downside risks.
-
November 18, 2022
-
East Asia
Economic Outlook
Regional growth should gain steam in 2023 due to stronger momentum in China more than offsetting slowdowns in Korea and Taiwan. The recent easing of China’s Covid-19 and property curbs are outlook-positive. That said, risks are still numerous, and include a slow phasing-out of China’s tough Covid-19 stance, recessions in Western countries and China-Taiwan tensions.
-
-
November 23, 2022
Russia-Ukraine War Economic Impact - Analysis & Special Reports
See our latest analysis in the Resources section
-
December 1, 2022
Russia-Ukraine War Economic Impact - Analysis & Special Reports
See our latest analysis in the Resources section
-
December 1, 2022
Economic Growth
Regional growth will slow in 2023 on tight financial conditions, weaker activity abroad and lower prices for key commodity exports. However, a recovering tourism sector will provide some support. Additional monetary tightening, a slowdown in key export market China, recessions in the U.S. and Europe and sociopolitical unrest are important factors to watch.
-
December 1, 2022
Russia-Ukraine War Economic Impact - Analysis & Special Reports
See our latest analysis in the Resources section
-
December 1, 2022
Economic Growth
GDP growth in 2023 will ease to around the 10-year pre-pandemic average. Rate hikes, stagnating oil production and flagging external demand will all weigh on momentum. Key factors to watch include changes to OPEC+ quotas, U.S. Fed hikes, extreme weather, Iran nuclear talks, geopolitical tensions and the Russia-Ukraine grain deal—which was recently extended to mid-March 2023.
-
November 18, 2022
Economic Growth
Regional economic growth is seen remaining largely unchanged in 2023 from this year’s projected moderation. Risks to the outlook remain, nevertheless; a looming global slowdown, extreme weather events and a frail Black Sea shipping deal are all key factors to watch. Moreover, higher interest rates threaten debt sustainability.
Latest Economic
News
-
Czech Republic: Industrial output growth decelerates in October
December 9, 2022
Industrial output grew 3.1% year on year in working-day adjusted terms in October, which was below September's 8.3% increase.
-
Hungary: Inflation increases in October
December 9, 2022
Inflation came in at 22.5% in November, which was up from October’s 21.1%.
-
Thailand: Inflation declines to lowest level since April in November
December 9, 2022
Inflation came in at 5.5% in November, down from October’s 6.0%.
Sample Report
Get a sample report showing our regional, country and commodities data and analysis.
What Our Clients Say
-
"It is extremely useful when making such presentations to have economic forecasts from such a reputable source."
Adviser, PricewaterhouseCoopers
-
“After working in the region some time, you realize how sudden changes in economic conditions can affect your bottom line. Your publication helps us to proactively assess the risks we are exposed to and to act accordingly.”
Regional Manager,
Dupont -
“Your publication has cut down my reading load by presenting only the essential information in an easily digestible format.”
Director, Finance,
McDonald's Corporation -
“FocusEconomics provides us with the optimal level of reliable, up-to-date analysis and information for our strategic planning in Latin America.”
Regional Manager,
Petrobras
