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We poll the world's leading economists and compile over 1,400 individual macroeconomic forecasts to provide our clients with reliable data and analysis for 78 countries. Our reports feature the Consensus Forecast (mean average), along with best- and worst-case scenarios.

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Latest Reports

  • November 25, 2014

    The global GDP growth outlook for 2015 was revised down this month. Panelists expect the world economy to expand 3.2%, which is down 0.1 percentage points from last month’s projection. The result stemmed from downward revisions to the Euro area, Japan and the BRIC economies. Panelists left their projections for 2014 unchanged over last month and expect the global economy to grow 2.7%.

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  • November 12, 2014

    Growth prospects for Latin America deteriorated again in November, marking the fifth consecutive downward revision to the region’s 2015 economic outlook. LatinFocus Consensus Forecast panelists cut their projection by 0.2 percentage points and now expect regional GDP to increase 2.2% next year. The revised forecast reflects lower growth prospects for Brazil, Chile, Colombia, Ecuador, Peru, Uruguay and Venezuela, while projections for Bolivia, Mexico, and Paraguay were left unchanged. Argentina was the only economy for which panelists raised their projections although the country is still expected to experience a second year of recession.

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  • November 12, 2014

    Following healthy growth in the first half of the year, many economies in Central America and the Caribbean seem to be going through a soft patch in the second half. Nonetheless, improving global conditions next year are expected to buttress stronger economic growth in the region. Panelists revised up their 2015 growth prospects for Belize, the Dominican Republic and Guatemala. Meanwhile, the growth projections for 6 of the 12 economies surveyed were unchanged over last month. Only Costa Rica, Nicaragua and Trinidad and Tobago experienced downward revisions. Panama is still expected to be the region’s fastest growing economy in 2015, while Puerto Rico, at the other end of the spectrum, is projected to be the worst performer.

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  • November 18, 2014

    The outlook for ex-Japan Asia stabilized this month following a deterioration in the previous period. FocusEconomics Consensus Forecast panelists left their regional growth projections for 2015 at the previous month’s 6.3%. The stable growth prospects for the region primarily reflected that a downward revision to China’s forecast was compensated for by an improvement in the outlook for India. In addition, the forecasts for 7 of the 15 economies surveyed were unchanged over the previous month. Panelists surveyed by FocusEconomics left their 2014 growth projections unchanged at 6.2%.

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  • November 25, 2014

    Panelists revised down the 2015 GDP outlook for the Euro area for a third consecutive month and now expect the region’s economy to expand 1.1% in 2015, which is 0.1 percentage points below last month's projection. The result reflected downward revisions to the outlook for 9 of the 18 economies surveyed (Austria, Belgium, Cyprus, France, Germany, Italy, Latvia, Portugal and Slovakia). The forecasts for two economies (Ireland and Malta) were revised upward, while panelists did not change the outlook for the remaining seven economies. Meanwhile, panelists left the 2014 GDP growth projection unchanged at last month’s 0.8%.

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  • November 5, 2014

    Growth forecasts for Eastern Europe deteriorated again this month and remained on the downward trajectory that began over a year ago. FocusEconomics Consensus Forecast panelists cut their projections for the region by 0.2 percentage points over last month and now expect GDP to expand 1.7% in 2015, marking the 11th downward revision to the regional outlook in the last 12 months. Once again, deteriorating prospects are mainly due to cuts in the growth forecasts for Russia and Ukraine, which account for the lion’s share of this month’s drop in the regional projection for 2015. However, with accumulating signs of yet another slowdown in the Eurozone—a key trading partner for most economies in the region—another 7 of the 14 countries surveyed experienced downward revisions. The forecasts for five countries remained unchanged and none of the countries saw an upgrade to its growth forecast this month. That said, most countries will experience faster growth than in 2014—only Hungary and Slovenia are expected to record slower growth next year. The regional recovery is likely to continue in 2016, when output is seen growing 2.6%. 

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