The Economic Pulse of the World - July 2017

Global average of national economic assessment down two points: 42%

The average global economic assessment of national economies surveyed in 26 countries is down two points with 43% of global citizens rating their national economies as ‘good’.

Saudi Arabia (80%) and India (80%) share the top spot in the national economic assessment category this month, followed by Germany (79%), China (78%), Sweden (72%), Canada (62%), United States (57%), Australia (56%), Israel (52%), and Peru (52%). South Africa (9%) is at  the lowest spot in this assessment, followed by Brazil (12%), Italy (17%), Hungary (19%), Argentina (19%), Mexico (22%), France (24%), South Korea (24%) and Spain (24%).

Countries with the greatest improvements in this wave: Russia (36%, +4 pts.), Sweden (72%, +3 pts.), Canada (62%, +3 pts.), Turkey (40%, +3 pts.), Brazil (12%, +3 pts.), Spain (24%, +2 pts.), Poland (48%, +2 pts.), Serbia (33%, +1 pts.) and South Korea (24%, +1 pts.).

Countries with the greatest declines: Peru (52%, -17 pts.), Hungary (19%, -8 pts.), Israel (52%, -7 pts.), the United Stated (57%, -5 pts.), South Africa (9%, -5 pts.), China (78%, -4 pts.), Saudi Arabia (80%, -4 pts.), Argentina (19%, -3 pts.), Mexico (22%, -3 pts.), Great Britain (39%, -3 pts.), Germany (79%, -3 pts.), Australia (56%, -2 pts.) and India (80%, -2 pts.).

Global average of local economic assessment (33%) unchanged

When asked to assess their local economy, one third (33%) of those surveyed in 26 countries agree that the state of the current economy in their local area is ‘good’. The local economic assessment is unchanged since last sounding.

China (65%) is the top country in the local assessment category, followed by Saudi Arabia (64%), India (62%), Germany (62%), Sweden (56%), Israel (54%), the United States (46%), Canada (44%), Australia (39%) and Poland (35%). South Africa (10%) is the lowest ranked country in this category this month, followed by Serbia (11%), Argentina (16%), Japan (16%), Italy (16%), Brazil (16%), Mexico (17%), Hungary (18%), Spain (21%), France (23%) and South Korea (23%).

Countries with the greatest improvements in this wave: South Korea (23%, +4 pts.), Poland (35%, +4 pts.), Spain (21%, +4 pts.), China (65%, +3 pts.), Canada (44%, +3 pts.), France (23%, +2 pts.), Russia (24%, +2 pts.) and Belgium (30%, +2 pts.).

Countries with the greatest declines in this wave: Peru (25%, -11 pts.), the United States (46%, -7 pts.), South Africa (10%, -4 pts.), Hungary (18%, -4 pts.), Great Britain (31%, -3 pts.), Argentina (16%, -3 pts.), Israel (54%, -2 pts.), Serbia (11%, -2 pts.), Japan (16%, -2 pts.) and Italy (16%, -1 pts.).

Global average of future outlook for local economy (26%) down one point

The future outlook is down one point since last month, with just over one quarter (26%) of global citizens surveyed in 26 countries expecting their local economy to be stronger six months from now.

India (64%) remains at the top of this assessment category, followed by Peru (53%), Brazil (52%), Saudi Arabia (52%), China (48%), Argentina (39%), the United States (34%), South Korea (32%), Turkey (30%) and Mexico (23%). Italy (19%) has the lowest future outlook score this month, followed by Japan (11%), Great Britain (11%), Hungary (12%), France (12%), Sweden (14%), Australia (14%), South Africa (14%), Belgium (15%) and Israel (15%).

Countries with the greatest improvements in this wave: Belgium (15%, +5 pts.), Serbia (19%, +4 pts.), Turkey (30%, +4 pts.) and Canada (18%, +1pts.).

Countries with the greatest declines in this wave: China (48%, -6 pts.), South Korea (32%, -5 pts.), the United States (34%, -5 pts.), Argentina (39%, -5 pts.), Mexico (23%, -4 pts.), Saudi Arabia (52%, -3 pts.), Brazil (52%, -3 pts.), Italy (9%, -3 pts.), Sweden (14%, -3 pts.), Spain (18%, -3 pts.), Hungary (12%, -2 pts.), Poland (21%, -2 pts.), India (64%, -2 pts.), Australia (14%, -2 pts.) and Germany (17%, -2 pts.).