The Economic Pulse of the World - December 2015

The national economic assessment index finishes the year flat with four in 10 (39%) of global citizens describing their global economic situation as “good”. Despite some mid-year fluctuations (July 2015 – 42%), the national index remains exactly the same as it was one year ago. Winners and losers: Italy recorded the highest net points gain in 2015 (16%, + 9pts.). Brazil shed the most points, to end the year at the all-time low (4%, - 18 pts.).

End of the Year Review

The local economic assessment index remains the same for a third month in a row (30%). However, compared to the same time last year, the local index is up two points. Winners and losers: France posted the highest net gain in 2015 (17%, + 7 pts.). Brazil is the loser in the local assessment category with the largest points decline for the year (14%, - 12 pts.).

The future local economic assessment index ends the year on the decline (23%), losing one point since last sounding and compared to last year. Winners and losers: Argentina is a clear winner in this category with the largest net points gain for the year (58%, +31 pts.). India lost the most points throughout 2015 (56%, - 9pts.).

Global Economic Pulse Welcomes Peru, Chile and Colombia This Month

  • Chile, Peru and Colombia, who, along with Mexico, comprise the Pacific Alliance, have experienced some of the fastest economic growth in Latin America in the past decade. Due to their significant economic potential, the three countries will now be included in Ipsos monthly Economic Pulse Surveys.Compared to the global national average (39%), over half of Peruvians (52%) rate their national economy as “good”, followed by citizens of Colombia (43%) and Chile (39%).
  • However, only one quarter of respondents in Chile (25%), Peru (25%) and Colombia (24%) rate their local economies as “good”, compared to the global local economy assessment score of 39%.
  • Looking ahead six months from now, half of the respondents in Colombia (50%) and Peru (47%), and one third of Chileans (31%) expect the economy in their local area to become “stronger”, compared to the global average of 23%.

Global Average of National Economic Assessment Unchanged: 39%

For a fourth month in a row, the average global economic assessment of national economies surveyed in 24 countries holds steady with 39% of global citizens rating their national economies as ‘good’.

Saudi Arabia (90%) remains at the top spot in the national economic assessment category, followed by India (79%), China (74%), Germany (74%), Sweden (58%) and Australia (57%). Once again, Brazil (4%) has the lowest assessment score, followed by South Africa (12%), France (13%), South Korea (13%), Italy (16%), Spain (17%), Hungary (23%) and Mexico (24%).

Countries with the greatest improvements in this wave: Russia (36%, +7 pts.), Poland (36%, +6 pts.), Israel (46%, +4 pts.), Hungary (23%, +4 pts.), India (79%, +3 pts.), Germany (74%, +3 pts.), Italy (16%, +3 pt.), China (74%, +2 pt.) and Australia (57%, +2 pt.).

Countries with the greatest declines: Belgium (35%, -8 pts.), South Africa (12%, -6 pts.), Sweden (58%, -5 pts.), Brazil (4%, -4 pts.), Mexico (24%, -3 pts.), Turkey (40%, -2 pts.), Argentina (27%, -2 pts.), Saudi Arabia (90%, -1 pts.) and Canada (51%, -1 pts.).

National Economic Assessments - December 2015

Global Average of Local Economic Assessment (30%) Unchanged

When asked to assess their local economy, an average of 30% of those surveyed in 24 countries agree that the state of the current economy in their local area is ‘good’. The local economic assessment is unchanged since last month.

Saudi Arabia (66%) leads this assessment category once again, followed by Israel (59%), China (58%), Sweden (53%), India (50%), Germany (49%), Australia (42%) and the United States (36%). South Korea holds the lowest spot in this assessment (11%), followed by South Africa (12%), Japan (13%), Italy (14%), Spain (14%) Brazil (14%), Hungary (15%) and Mexico (16%).

Countries with the greatest improvements in this wave: Poland (27%, +7 pts.), Israel (59%, +6 pts.), Australia (42%, +6 pts.), Saudi Arabia (66%, +4 pts.), Sweden (53%, +3 pts.), France (17%, +2 pts.), China (58%, +1 pts.), Russia (24%, +1 pts.), Italy (14%, +1 pts.) and Japan (13%, +1 pt.).

Global Average of Future Outlook for Local Economy (23%) Down One Point

The future outlook is down one point since last month, with an average of one quarter (23%) of global citizens surveyed in 24 countries expecting their local economy to be stronger six months from now.

Argentina (58%) holds the lead in this assessment category, followed by India (56%), Brazil (53%), Saudi Arabia (53%), China (49%), the United States (26%), Mexico (24%), Turkey (22%) and Spain (22%). The lowest expectations about the growth of the local economy six months from now hail from France (6%) again, followed by Sweden (9%), Belgium (9%), South Korea (10%), Israel (11%), South Africa (11%), and Hungary (12%).

Countries with the greatest improvements in this wave: Saudi Arabia (53%, +4 pts.), Poland (17%, +3 pts.), Brazil (53%, +2 pts.), Australia (19%, +2 pts.) and Japan (13%, +2 pts.).

Countries with the greatest declines in this wave: Turkey (22%, -10 pts.), Mexico (24%, -8 pts.), Canada (18%, -6 pts.), South Africa (11%, -4 pts.), Argentina (58%, -3 pts.), China (49%, -3 pts.), Russia (21%, -3 pts.) and Belgium (9%, -3 pts.).

Countries with the greatest declines in this wave : Mexico (16%, -8 pts.), Belgium (19%, -7 pts.), Turkey (27%, -6 pts.), India (50%, -5 pts.), Argentina (18%, -4 pts.) and Germany (49%, -2 pts.).

Citizens in 24 countries assess the current state of their country’s economy for a total global perspective.

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