The Economic Pulse of the World - March 2018

Global Average of National Economic Assessment Down One Point: 47%

The average global economic assessment of national economies surveyed in 28 countries is down one point this wave with 47% of global citizens rating their national economies as ‘good’.

China (88%) remains at the top spot in the national economic assessment category this month, followed by Germany (79%), India (79%), Saudi Arabia (77%), Sweden (77%), the United States (66%), Australia (64%), Canada (61%), Peru (60%) and Israel (58%). Once again, Brazil (11%) has the lowest spot in this assessment, followed by Italy (18%), Spain (20%), Mexico (22%), South Korea (25%), Argentina (26%), Hungary (26%), South Africa (30%) and France (32%).

Countries with the greatest improvements in this wave: South Africa (30%, +5 pts.), Peru (60%, +5 pts.), Great Britain (45%, +4 pts.), Spain (20%, +3 pts.), the United States (66%, +2 pts.), Turkey (39%, +2 pts.), Japan (41%, +2 pts.), India (79%, +2 pts.) and Belgium (54%, +2 pts.).

Countries with the greatest declines: Israel (58%, -7 pts.), Hungary (26%, -6 pts.), Malaysia (41%, -6 pts.), Serbia (34%, -6 pts.), Australia (64%, -5 pts.), Canada (61%, -5 pts.), Mexico (22%, -5 pts.), France (32%, -3 pts.), Argentina (26%, -2 pts.), Poland (54%, -1 pts.), and South Korea (25%, -1 pts.).

Global Average of Local Economic Assessment (35%) Down One Point

When asked to assess their local economy, over one third (35%) of those surveyed in 28 countries agree that the state of the current economy in their local area is ‘good’. The local economic assessment is down one point since last sounding.

China (74%) is the top country in the local assessment category once again, followed by Sweden (60%), India (59%), Germany (58%), Israel (58%), Saudi Arabia (54%), the United States (54%), Chile (50%), Australia (45%), Canada (44%), Poland  (37%) and Peru (35%). Serbia (11%) is the lowest ranked country in this category this month, followed by Italy (16%), Mexico (17%), Brazil (18%), Spain (19%), Argentina (20%), South Africa (20%), Japan (22%), France (23%), Hungary (24%), Russia (24%) and South Korea (24%).

Countries with the greatest improvements in this wave: Peru (35%, +5 pts.), Japan (22%, +4 pts.), Hungary (24%, +3 pts.), Spain (19%, +2 pts.), India (59%, +2 pts.), Turkey (32%, +1 pts.), Russia (24%, +1 pts.), China (74%, +1 pts.) and Chile (50%, +1 pts.).

Countries with the greatest declines in this wave: Saudi Arabia (54%, -7 pts.), France (23%, -5 pts.), Germany (58%, -5 pts.), Mexico (17%, -5 pts.), Sweden (60%, -5 pts.), Australia (45%, -4 pts.), Belgium (33%, -2 pts.), Canada (44%, -2 pts.), Israel (58%, -2 pts.), Malaysia (30%, -2 pts.), Serbia (11%, -2 pts.) and South Africa (20%, -2 pts.).

Global Average of Future Outlook for Local Economy (30%) Unchanged

The future outlook is unchanged since last sounding, with nearly one third (30%) of global citizens surveyed in 28 countries expecting their local economy to be stronger six months from now.

India (62%) is at the top of this assessment category, followed by China (59%), Chile (56%), Brazil (54%), Saudi Arabia (53%), South Africa (47%), Peru (46%), Argentina (39%), the United States (34%), Turkey (33%) and Mexico (28%). Belgium (12%) has the lowest future outlook score this month, followed by France (13%), Japan (14%), Great Britain (14%), Italy (15%), Germany (16%), Spain (17%), Israel (18%), Hungary (18%), Canada (18%) and Serbia (19%).

Countries with the greatest improvements in this wave: South Africa (47%, +9 pts.), Turkey (33%, +3 pts.), Sweden (28%, +3 pts.), Malaysia (26%, +3 pts.), Japan (14%, +2 pts.), Italy (15%, +2 pts.), India (62%, +2 pts.), Great Britain (14%, +2 pts.), China (59%, +2 pts.), and Australia (22%, +2 pts.).

Countries with the greatest declines in this wave: Germany (16%, -8 pts.), Mexico (28%, -7 pts.), Canada (18%, -6 pts.), the United States (34%, -5 pts.), Brazil (54%, -4 pts.), Chile (56%, -4 pts.), Peru (46%, -4 pts.), Argentina (39%, -3 pts.), Belgium (12%, -3 pts.), France (13%, -3 pts.), Saudi Arabia (53%, -2 pts.) and Spain (17%, -2 pts.).