Focus 2023 Global Outlook
In our latest special report, Focus 2023, we delve into the economic outlook for next year and the key factors to watch.
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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
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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.
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October 13, 2022
Economic Growth
Regional growth will slow in 2022 and 2023 on higher inflation and interest rates, and weaker activity abroad. However, rebounds in tourism, the fading pandemic and historically high commodity prices will provide impetus to growth. Faster-than-expected monetary tightening, a slowdown in key export market China, a recession in the U.S. and sociopolitical unrest remain risks.
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October 13, 2022
Economic Growth
Regional economic growth will soften this year and next year amid the fallout from the war in Ukraine, which is driving up price pressures and eroding real incomes, and pushing the U.S. and EU countries into winter recessions. Weakened demand in key export markets will weigh on the external sector. Elevated short-term political risk in Latin America also clouds the outlook.
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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.
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November 18, 2022
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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.
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November 23, 2022
Russia-Ukraine War Economic Impact - Analysis & Special Reports
See our latest analysis in the Resources section
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November 3, 2022
Russia-Ukraine War Economic Impact - Analysis & Special Reports
See our latest analysis in the Resources section
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November 3, 2022
Economic Growth
The regional economy will expand at a softer pace next year, as the fallout from the war in Ukraine continues to weigh on consumer spending, industrial activity and trade through elevated price pressures and a gloomier global backdrop. Tighter monetary policy in most countries will further constrain activity, particularly capital outlays.
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October 5, 2022
Russia-Ukraine War Economic Impact - Analysis & Special Reports
See our latest analysis in the Resources section
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October 5, 2022
Economic Growth
GDP growth is set to accelerate in 2022, as oil exporters benefit from higher average oil quotas and prices. Meanwhile, oil importers will generally lose steam due to higher inflation. In 2023, regional growth should ease on cooling hydrocarbon prices and softer oil output growth. Risks include extreme weather, changes to OPEC+ quotas, and sociopolitical instability.
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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
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Hungary: Economic sentiment falls in November
November 30, 2022
The GKI economic sentiment index, a composite indicator, fell to minus 22.5 in November from minus 21.9 in October.
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Argentina: Consumer confidence falls in November
November 30, 2022
The Universidad Torcuato di Tella (UTDT) consumer confidence index decreased to 35.1 in November from 35.6 in October.
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Euro Area: Economic sentiment improves slightly in November
November 30, 2022
Sentiment in the Eurozone rose to 93.7 in November from 92.7 in October.
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