The Economic Pulse of the World - December 2016

2016 has been a turbulent year, with a number of global events, such as Brexit and the US presidential elections, influencing the global economic situation. Despite all the calamity of the outgoing year, all three Ipsos Global @dvisor economic assessment averages are finishing on a positive note.

The author(s)

  • Nik Samoylov Public Affairs, US
  • Chris Deeney Public Affairs, US
  • Julia Clark Marketing & Communications Director, NA
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The national economic assessment average (42%) is up two points since last sounding. North America (58%, +9 pts.) is the winner with both the United States (55%, +10 pts.) and Canada (61%, +8 pts.) posting significant gains.

The local economic average (33%) is up three points since last month, with both Latin America (24%, +5 pts.) and North America (44%, +7 pts.) well into the positive territory.

The future local assessment (28%) is up three points since last sounding as well, posting the biggest single month gain since January of 2016, as well as the highest assessment score since February 2011.

Economic Pulse of the World - End of 2016 summary

Global Average of National Economic Assessment Up Two Points: 42%

The average global economic assessment of national economies surveyed in 25 countries is up two points with 42% of global citizens rating their national economies as ‘good’.

Three countries tied for the top position in the national economic assessment category: India (79%), Saudi Arabia (79%) and China (79%), followed by Germany (76%), Peru (72%), Sweden (66%), Australia (62%), Canada (61%) and the United States (55%). Despite gaining four points since sounding, Brazil (13%) still holds the lowest spot in this assessment, followed by South Korea (15%), South Africa (15%), Spain (17%), Italy (18%), France (21%), Mexico (21%), Argentina (23%) and Hungary (24%).

Countries with the greatest improvements in this wave: the United States (55%, +10 pts.), Japan (38%, +10 pts.), Canada (61%, +8 pts.), Peru (72%, +7 pts.), Hungary (24%, +7 pts.), France (21%, +7 pts.), South Korea (15%, +5 pts.), Spain (17%, +4 pts.), Italy (18%, +4 pt.) and Brazil (13%, +4 pt.).

Countries with the greatest declines: Turkey (37%, -8 pts.), India (79%, -7 pts.), Great Britain (38%, -3 pts.), Israel (46%, -3 pts.), Saudi Arabia and Germany (76%, -1 pts.). 

National Economic Assessment - December 2016

Global Average of Local Economic Assessment (33%) Up Three Points

When asked to assess their local economy, one third (33%) of those surveyed in 25 countries agree that the state of the current economy in their local area is ‘good’. The local economic assessment is up three points since last sounding.

China (62%) and India share the lead in the local assessment category, followed by Germany (59%), Saudi Arabia (56%), Israel (53%), Sweden (51%), the United States (46%), Canada (42%), Peru (42%) and Australia (39%). South Africa (13%) is the lowest ranked country this month, followed by South Korea (15%), Italy (15%), Mexico (17%), Japan (17%), Brazil (17%), France (18%), Spain (19%), Hungary (19%), Argentina (21%) and Poland (22%).

Countries with the greatest improvements in this wave: South Korea (15%, +10 pts.), the United States (46%, +7 pts.), Peru (42%, +7 pts.), Russia (24%, +6 pts.), Mexico (17%, +6 pts.), Canada (42%, +6 pts.), Argentina (21%, +6 pts.), Spain (19%, +5 pts.), Japan (17%, +5 pts.) and Hungary (19%, +4 pts.).

Countries with the greatest declines in this wave: Israel (53%, -9 pts.), Turkey (29%, -4 pts.), South Africa (13%, -3 pts.), Sweden (51%, -3 pts.), Great Britain (30%, -2 pts.), Saudi Arabia (56%, -2 pts.) and Poland (22%, -1 pts.).

Global Average of Future Outlook for Local Economy (28%) Up Three Points

The future outlook is up three points since last month, with nearly three in 10 (28%) global citizens surveyed in 25 countries expecting their local economy to be stronger six months from now.

India (67%) once again leads in this assessment category, followed by Peru (58%), China (56%), Saudi Arabia (55%), Brazil (54%), Argentina (52%), the United States (38%), Turkey (31%), Canada (27%), Spain (26%) and Germany (26%). Belgium (9%) has the lowest future outlook score this month, followed by Italy (10%), Israel (10%), France (11%), Great Britain (12%), Hungary (13%), Poland (13%), Japan (14%), Australia (15%) and South Africa (16%).

Countries with the greatest improvements in this wave: the United States (38%, +13 pts.), South Korea (17%, +12 pts.), Germany (26%, +11 pts.), Canada (27%, +11 pts.), Spain (26%, +8 pts.), Sweden (18%, +7 pt.), China (56%, +7 pts.), Japan (14%, +5 pt.), France (11%, +5 pt.) and Hungary (13%, +4 pt.).

Countries with the greatest declines in this wave: Peru (58%, -6 pts.), Brazil (54%, -5 pts.), Israel (10%, -3 pts.), Poland (13%, -1 pts.), and Turkey (31%, -1 pts.).

The author(s)

  • Nik Samoylov Public Affairs, US
  • Chris Deeney Public Affairs, US
  • Julia Clark Marketing & Communications Director, NA

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