The Economic Pulse of the World - June 2015

The national economic assessment average improves one point since last sounding, as four in 10 (41%) global citizens rate their national economies as “good”.

The uptick in the national average is due to a strong showing among the all-time leaders, such as Saudi Arabia (91%, +1 pts) and India (83%, +5pts), as well as the rebounding European markets, such as Belgium (44%, +6pts), Great Britain (55%, +4pts) and Poland (33%, +4 pts).

After being flat for three months, the local economic assessment average is on the move gaining one point since last sounding, as one third (32%) of respondents worldwide rate the economy in their local area as “good”. Europe is one of the drivers of the local assessment this wave, with 7 out of 9 European countries improving since last sounding: Sweden (62%, +11pts), Belgium (25%, +4pts), Italy (12%, +4pts), Spain (15%, +3pts), Germany (55%, +2pts), Great Britain (42%, +1pts) and Hungary (15%, +1pts).

The future local economic assessment remains unchanged for the third month in a row, as one quarter (25%) of global respondents expect the economy in their local area to be stronger in the next six months.

Global Average of National Economic Assessment Up One Point: 41%

Following an “up and down” trend of the past few months, the average global economic assessment of national economies surveyed in 24 countries is up one point as 41% of global citizens rate their national economies to be ‘good’.

Saudi Arabia (91%) remains at the top of the national economic assessment , followed by India (83%), China (75%), Germany (75%), Sweden (66%), and Canada (60%). Brazil (9%) has the lowest global average this wave, followed by Italy (11%), France (12%), Spain (13%), South Korea (15%), Hungary (17%), and South Africa (20%).

Countries with the greatest improvements in this wave: Mexico (28%, +12 pts.), Belgium (44%, +6 pts.), India (83%, +5 pts.), Great Britain (55%, +4 pts.), Poland (33%, +4 pts.), South Africa (20%, +3 pts.), Hungary (17%, +2 pts.) and Italy (11%, +2 pts.).

Countries with the greatest declines: Russia (36%, -7 pts.), Turkey (32%, -6 pts.), Brazil (9%, -5 pts.), Canada (60%, -3 pts.), the United States (44%, -3 pts) and Spain (13%, -3 pts.). 

Economic Pulse - National Economic Assessments - June 2015

Global Average of Local Economic Assessment (32%) Up One Point

When asked to assess their local economies, 32% agree the state of the current economy in their local area is ‘good,’ on the global aggregate level. The local economic assessment is up one point since last sounding.

Saudi Arabia (71%) remains at the top of the local economic assessment, followed by Sweden (62%), China (60%), Israel (57%), India (56%), Germany (55%) and Great Britain (42%). At the bottom of the assessment, only a small minority (11%) rate their local economy as ‘good’ in France, followed by Italy (12%), Mexico (12%), South Korea (13%), Brazil (14%), Hungary (15%) and Spain (15%).

Countries with the greatest improvements in this wave: Sweden (62%, +11 pts.), India (56%, +5 pts.), Russia (32%, +5 pts.), Saudi Arabia (71%, +4 pts.), Belgium (25%, +4 pts.), Italy (12%, +4 pts.) and Spain (15%, +3 pts.).

Countries with the greatest declines: Brazil (14%, -3 pts.), Mexico (12%, -3 pts.), France (11%, -3 pts.), Argentina (19%, -2 pts.) and South Korea (13%, -2 pts.).

Global Average of Future Outlook for Local Economy (25%) Unchanged

The future outlook remains unchanged, as one quarter (25%) of global citizens expect their local economy will be stronger six months from now.

India (66%) ties Saudi Arabia (66%) for the lead in this assessment category, followed by China (52%), Brazil (51%), Argentina (33%), Russia (33%), Mexico (30%) and the United States (29%). Once again this month, only a handful in France (5%) expect their local economy to be strong six months from now, followed by Sweden (8%), Hungary (11%), South Africa (11%), South Korea (11%), Italy (12%), Belgium (14%) and Japan (14%).

Countries with the greatest improvements in this wave: Russia (33%, +9 pts.), India (66%, +5 pts.), Israel (18%, +5 pts.), Australia (17%, +5 pts.), Saudi Arabia (66%, +3 pts.), Great Britain (25%, +3 pts.), Spain (23%, +3 pts.), Hungary (11%, +3 pts.) Mexico (30%, +2pts.) and Belgium (14%, +2pts.).

Countries with the greatest declines: Sweden (8%, -5 pts.), Canada (15%, -4 pts.), South Africa (11%, -2 pts.), South Korea (11%, -2 pts.), Argentina (33%, -1 pts.) and Germany (15%, -1 pts.).

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