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We poll the world's leading economists and compile over 1,600 individual macroeconomic forecasts to provide our clients with reliable data and analysis for 95 countries. Our reports feature the Consensus Forecast (mean average), along with best- and worst-case scenarios.

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Latest Reports

  • March 4, 2015

    Global growth softens in Q4

    The global economy moderated slightly from an annual 2.9% expansion in Q3 to a 2.8% increase in Q4, according to preliminary estimates. If the estimate is confirmed, this will mark the softest pace of growth since Q2 2013. Results of note in the fourth quarter include a slight acceleration in the Eurozone’s economy, which points to a gradual recovery in the common-currency area, and a healthy improvement in economic activity in Japan. Growth in Q4, however, was revised downward in the United States, while economic dynamics among the BRIC nations moderated in the same period.

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  • March 18, 2015

    Economic activity grows at tepid rhythm in Q4, expected to slow further in Q1 2015

    Latin America remains trapped in a period of sluggish economic growth. The majority of the economies in the region slowed in the last quarter of 2014 and tepid economic activity has carried over into the first quarter of 2015. Latin America’s economy expanded 0.5% annually in the fourth quarter of 2014, according to the regional GDP estimate, which came in slightly below the 0.6% increase registered in the previous quarter. A notable divergence in growth persists among most of the region’s economies, particularly in the case of powerhouses Brazil and Mexico where economic growth is still uneven. In Mexico, GDP growth picked up the pace in the fourth quarter, whereas Brazil’s economy contracted for the third consecutive quarter in Q4. Meanwhile, a deep economic deterioration is evident in countries with unsustainable economic policies—notably in Argentina and Venezuela.

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  • March 18, 2015

    Regional economy loses traction in 2014; Dominican Republic outperforms regional peers 

    Economic activity in Central America and the Caribbean lost some momentum in 2014 according to more complete data. Following a 3.3% expansion in 2013, regional GDP is expected to have grown 3.2% 2014. The Dominican Republic registered rock-solid growth in 2014 and an acceleration was also registered in Guatemala, Honduras and Jamaica, while the Panamanian economy decelerated sharply and recorded the slowest pace of expansion in five years. Elsewhere in the region, although national statistical institutes have not yet released 2014 GDP data for Belize, El Salvador, Nicaragua, Puerto Rico and Trinidad and Tobago, additional economic information suggest that growth in those economies remained subdued in the fourth quarter. In 2014, the Dominican Republic registered a healthy 7.3% expansion, surpassing Panama’s 6.2% growth. Panama had held the title of fastest growing economy in the region for three years running. 

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  • March 25, 2015

    Growth expected to remain broadly stable in Q1

    Final data for the region show that GDP expanded 6.3% annually in Q4, which was slightly down from the 6.4% increase tallied in Q3. As a result, regional growth for 2014 was on par with the 6.5% expansion recorded in 2013. Next year, growth in the ex-Japan Asia region will decelerate slightly mainly due to weaker economic dynamics in China. In this regard, and mainly due to recent revisions to the national accounts methodology in India, India is expected to grow faster than China in 2015. Estimates from FocusEconomics Consensus Forecast panelists show that the ex-Japan Asia region will expand 6.2% in Q1. 

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  • March 4, 2015

    Eurozone gains breathing room as Greece clears one hurdle, more are on the horizon

    Greece’s deal with creditors to extend its EUR 240 billion bailout by four months has brought some respite to countries across the Eurozone. The agreement, which was achieved after weeks of stiff negotiations between European leaders and Greece’s new administration, has paved the way for Greece to unlock EUR 7.2 billion in aid. However, the funds will not be disbursed until Greece fulfills the approved list of economic reforms that the government had pledged to implement. While the extension of the program has protected Greece from financial turmoil, and possibly a bank run, several risks loom over the four-month extension period.

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  • March 11, 2015

    Shaky Russia-Ukraine ceasefire adds to conflict’s ongoing impact on regional economic growth

    The dispute between Russia and Ukraine continues to take a heavy toll on economic conditions in Eastern Europe. Economic activity in the region decelerated further in December and growth is faltering at the outset of 2015, according to more complete data. On the political front, a second ceasefire was signed between the Ukrainian government and pro-Russian separatists in Minsk on 12 February. As was the case with the first agreement signed in September 2014, this ceasefire is unlikely to hold as there is strong disagreement between the two sides regarding the country’s territorial future. 

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