Special Report: The Road to Recovery
In our latest special report we surveyed 69 of the world's leading forecasters on the global economic recovery following the Covid-19 pandemic.
We provide our clients with reliable data, forecasts and analysis for over 131 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.
December 22, 2020
Global economic activity is set to rebound in 2021
November 18, 2020
Latin America’s economy is poised to recover in 2021
November 18, 2020
The regional economy should recover from the pandemic-induced downturn in 2020
November 25, 2020
The regional economy is forecast to recover well in 2021 from this year’s sharp contraction, with domestic demand set to be buoyed by an uptick in consumer and capital spending. However, the spike in Covid-19 cases in Europe and the U.S. casts a shadow over the outlook, potentially dragging on regional exports to key markets at the outset of the year.
November 18, 2020
Growth is seen accelerating markedly in 2021 as the regional economy shrugs off the effects of the pandemic and external demand rebounds. Ample fiscal and monetary stimulus in the region should further support the rebound, while a less volatile U.S. trade policy under a Biden administration bodes well for exports. Covid-19-related uncertainty clouds the outlook, however.
December 22, 2020
Detailed national accounts data revealed that Q3’s strong rebound in GDP was supported by both the domestic and external economy: Resuming business activity and unleashed pent-up consumer spending fueled domestic demand, while easing lockdowns abroad boosted exports. That said, the recovery seems to have hit a stumbling block in Q4. The reintroduction of restrictions due to rising Covid-19 cases left visible scars on the services sector and on consumer and business sentiment in November, while a lost Christmas season will further weigh on activity at the tail end of 2020. In politics, in late November Eurozone finance ministers reached a deal to revamp the bloc’s bailout fund to provide extra cash for failing banks, starting in 2022. Moreover, Hungary and Poland recently lifted their veto on the EU’s multi-year budget and Covid-19 recovery fund in exchange for a softening of the rule of law mechanism.
January 12, 2021
Regional GDP is projected to return to growth in 2021 as activity recovers from the pandemic. Household and capital spending are set to rebound, partly supported by continued fiscal and monetary stimulus, while strengthening demand from the EU should bolster exports. Uncertainty regarding the evolution of the health crisis and the deployment of vaccines clouds the outlook.
January 12, 2021
The regional economy is set to return to growth this year, recovering from the pandemic-induced downturn. The reopening of economies is set to buttress domestic and foreign demand; however, a sluggish labor market recovery, particularly as fiscal support measures are wound down, will limit household spending. Moreover, uncertainty regarding the pandemic clouds the outlook.
January 12, 2021
Regional GDP should bounce back strongly this year, as economies emerge from the Covid-19-induced slump. Recovering household consumption is set to spearhead the upturn, amid the easing of lockdown measures as the vaccine rollout gains momentum throughout H1 . Expansionary fiscal policies and firmer foreign demand should further support the rebound.
January 12, 2021
The MENA economy should rebound this year. Oil exporters should gain from higher crude prices and the reduction of OPEC+ cuts, while countries across the region should gain from some progress in the vaccine rollout and stronger demand abroad. That said, geopolitical tensions, fragile fiscal positions and uncertainty around the course of the pandemic pose downside risks.
November 18, 2020
The region to suffer its worst contraction on record this year
January 15, 2021
Merchandise exports soared 14.6% year-on-year in December, following November’s 9.5% increase and supported by higher non-energy exports.
January 15, 2021
Industrial output dropped 0.1% month-on-month in seasonally-adjusted terms in November (October: +1.1% mom).
January 15, 2021
Consumer prices surged 4.00% over the last month in December, above the 3.16% jump logged in November and the fastest increase in over one year.
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