Blog posts tagged by tag: Brazil
The Latin American economy is expected to recover modestly in 2017, though the outlook is plagued with risks that are causing a downward bias in analysts’ growth forecasts, according to FocusEconomics’ latest survey of 150 leading economic institutions.
Economists forecast Latin America’s GDP to increase 1.6% in 2017, which has been revised down from the 1.8% projected last month. Economic data was stubbornly weak across the region in 2016 and growing uncertainty surrounding the global outlook in the aftermath of Donald Trump’s victory is weighing on sentiment, fueling concerns over the trajectory of the recovery in 2018.
Click on the image to open a larger version
The Brazilian economy remains stuck in the worst recession in modern history and GDP is expected to contract a sharp 3.2% in 2016. While signs of stabilization have begun to emerge and the recession is abating, the FocusEconomics panel sees only a tepid recovery next year, with growth of 1.0%. Against this backdrop, we spoke with one of our panel members Chief Economist José Francisco from Banco Fator about the recent developments in the Brazilian economy and what he expects for 2017.
It has not been a great start to 2016 for emerging markets. Collapsing oil prices have undermined Russia’s fiscal sustainability, Brazil is struggling through a deep recession and political chaos, and the Chinese economy continues to slow, hurting growth prospects in other developing countries.
According to FocusEconomics’ Consensus Forecast, emerging economies as a whole are estimated to have grown 4.0% in 2015 and are projected to grow 4.0% combined this year. Although growth rates in general continue to be faster than those of developed economies, according to the IMF’s latest World Economic Outlook report, they remain below the average of the past decade.
What’s in store for emerging markets for the rest of 2016? Have a look at our latest Consensus Forecasts and find out what the experts say about the key emerging economies this year.
Click the button to embed & share
Click the infographic to open a full-sized version
Brazil’s growth forecast for 2015 has followed an uninterrupted downward trend this year, dragged down by political turmoil and poor economic data. In January, analysts surveyed by FocusEconomics expected that the economy would grow in 2015, forecasting a 0.5% expansion. This forecast was largely on the back of less weak economic data emerging from the country and relative optimism that things would improve in 2015.
2014 was a tough year for Brazil politically and economically -- the country just managed to cross the finish line at the end of the year with positive growth. However, six months on Latin America’s largest economy appears to be stagnating. In March of this year, industrial production continued its downward spiral from the previous month and shortly thereafter in April manufacturing PMI followed suit plunging to a four-year low. To combat the effects of their floundering economy, Brazil’s government has focused on fiscal austerity and boosting business confidence.
[INFOGRAPHIC] Latin America continues economic downslide as Argentina, Brazil & Venezuela confront internal crises
Latin America’s growth will be even lower this year than 2014’s lackluster estimate. In fact, our panel of analysts slashed their projections on weaker economic activity in key regional players.
How does the IMF’s latest quarterly global outlook compare to forecasts from over 30 of the world’s leading economists?
The World Bank just released its updated World Economic Ooutlook. We compared the IMF forecasts for 10 countries including, the USA, Russia, Japan, India, China and Brazil, to our own Consensus Forecasts from our panels of 30+ economic institutions. See how the forecasts stack up in our interactive infographic: http://bit.ly/1wnASjo
TagsInflation OPEC China Africa Japan Asia Germany United Kingdom MENA Nordic Economies Panelists Italy oil prices Major Economies Consensus Forecast Gold Commodities Argentina Agricultural Commodities Greece Mexico precious metals Euro Area Venezuela USA NAFTA IMF Australia Eastern Europe Infographic Emerging Markets World Bank Housing Market Sub-Saharan Africa Canada South Africa Portugal Brazil Tunisia Industrial Metals Commodities Base Metals Commodities Trade India Ukraine Brexit Iran Economic Growth (GDP) Forex Precious Metals Commodities Oil G7 Banking Sector Latin America Colombia Energy Commodities Exchange Rate France Fed Unemployment rate UK Vietnam Russia Spain Financial Sector European Union Turkey United States Investment Company News
Sub-Saharan Africa GDP 2018 Forecast: analysts slash forecasts on political risks https://t.co/myw4vXbCDM
2 hours ago
How will China’s upcoming National Congress of the Communist Party shape the economic and political future? https://t.co/0wYwPd07q7
7 hours ago
Sub-Saharan Africa is in a precarious situation with a myriad of political risk causing analysts to cut 2018 outlook https://t.co/aqSXcIHbi2
19 hours ago
1 day ago
The Colombian Ministry of Mining & Energy confirms official endorsement for Pacific Alliance Energy Forum. Register… https://t.co/mbUlPsPOYk
1 day ago
- Emerging Markets Are Kicking Into Higher Gear In 2017
- Why is foreign direct investment in Latin America falling again?
- Are Central Banks Nationalising the Economy?
- Bounty or burden? The impact of refugees on European economies is far from clear
- What’s the future of U.S.-Latin America trade relations?
- Taxes or cutbacks? Latin America's challenge of sustaining spending without causing debt to skyrocket
- Are uranium prices making a comeback?
- Taxing the Economy: Achieving a Delicate Balance
- Is the UK really "shackled to a corpse"?
- How will Latin America’s upcoming lengthy election cycle affect the reform agenda and credit ratings?
- How will emerging market economies perform in 2017?
- Chilean Economy in Focus: Interview with Senior Economist of the Chamber of Commerce of Santiago
- CEOs Rank Top Economies for Growth Opportunities
- The Mobile Ecosystem & Latin America's Economy
- Prospects and Challenges for the Global Economy: Interview with Tim Cooper from BMI Research
- How will the Fed reduce its balance sheet & and how will the ECB end QE? - 19 economic experts weigh in
- Thoughts on "unwinding" QE from Frances Coppola
- Gold: The Most Precious of Metals (Part 3)
- The Fed and ECB at a crossroads: Unwinding QE
- Spain: The economy that continues to silence the critics
- Latin America: The Most Unequal Region in the World
- The History of OPEC: Has it been a Success?
- FocusEconomics Announces 2017 Analyst Forecast Awards Winners
- Latin America’s rising unemployment bucks nearly decade long trend
- Escape from the Central Bank Trap by Daniel Lacalle
- China's economic rebalancing act: What to look out for in 2017
- Driving Growth in Latin America: Challenges & Priorities
- Is the Global Economy Rebalancing?
- Commodity exporters face challenging times
- Recent Global Events Facilitate Mercosur-Pacific Alliance
- 23 economic experts weigh in: Why is productivity growth so low?
- Mexico's outlook as Trump nears 100-day mark
- Interview with Oxford Economics Senior Economist on implications of the possible outcomes of the French Presidential Election
- The anxiety of the small saver in a world of negative interest rates
- Brexit negotiations. Between Uncertainty and Urgency
- An Economic History of the EU from El Blog Salmón
- Baby Boomin': Implications of high population growth in Latin America
- Survey of International Economists Predicts a Le Pen Defeat in French Elections, Says Macron has Best Economic Plan
- Spain in a global context: developed economy with some challenges
- How much is crime costing Latin America?
- Predictions & Estimates from Economist Daniel Lacalle
- What economy will the new Dutch government inherit?
- “The data is not a true reflection of reality in India” Interview with Société Générale India Economist
- 2017 & 2018 Economic Outlook for the Top Oil Producing Countries
- Which countries will have the highest and lowest inflation in 2017?
- What are the prospects for Emerging Economies in 2017?
- What to expect in Asia for 2017
- Top Economics & Finance Blogs of 2017
- Latam to Resume Moderate Growth in 2017 but Important Risks Plague Outlook
- 4 Key European Elections That Will Impact the Economy in 2017
- How are security concerns and political chaos affecting Turkey’s economy?
- Global growth to edge up in 2017
- Set to breach targets again? Debt and deficit outlooks for Southern European Eurozone countries in 2016 & 2017
- What does Donald Trump mean for the U.S. economy?
- How will emerging markets perform in 2017?
- The economic impact of a break in U.S.-Philippines ties
- Trump election: Base metals surge due to infrastructure plan
- 5 updates on the Venezuelan economic crisis
- Canada: When your neighbor’s house is on fire…
- Short-term pain before long-term gain? A look at French labor reform and economic growth
- Asia: Unremarkable growth & unfulfilled promises?
- How India's latest monsoon is affecting the economy
- Russian economy update in wake of OPEC deal announcement
- Innovation in Latin America: Potential Goes Untapped Due to Weak Economic Conditions
- The Wisdom of the Crowds and the Consensus Forecast
- Can the peso predict the U.S. election results?
- There's no end in sight to the Venezuela crisis
- A Look at the European Union Political Calendar
- Survey of international economists shows uncertainty surrounding elections damaging U.S. growth prospects
- FocusEconomics partners with leading online statistics provider Statista
- China: Recent postive economic data may be papering over the cracks
- Sub-Saharan Africa's 2016 & 2017 growth rates
- The Italian Dilemma: Weak banks pose risk to already faltering domestic demand
- How much money do migrants from Latin America send home?
- The U.S.' (Not So) Mysterious Case of the Missing Men
- What to expect from the G20 economies by 2020
- The Pain in Spain: Robust GDP growth cannot mask the persistent structural deficit
- Acting Man
- Alberto Forchielli
- Don't worry, I'm an economist
- Econometrics Beat: Dave Giles' Blog
- Economic Principals
- Edward Hugh Blog
- Financial Services (About.com)
- Kunal's thoughts
- Marc to Market
- Miles Kimball
- Morss Global Finance
- Of Markets & Men
- Owen Zidar
- Punto de Vista Economico
- The Capital Spectator
- True Economics