The Economic Pulse of the World - March 2017

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

The average global economic assessment of national economies surveyed in 26 countries is up one point with 41% of global citizens rating their national economies as ‘good’.

Germany (81%) takes the top spot in the national economic assessment category this month, followed by China (78%), India (77%), Saudi Arabia (74%), Sweden (70%), Peru (60%), Australia (58%), United States (57%) and Canada (56%). South Korea (7%) remains at  the lowest spot in this assessment, followed by Brazil (11%), Italy (16%), Mexico (17%), France (17%), Spain (18%), South Africa (18%), Argentina (21%) and Hungary (22%).

Countries with the greatest improvements in this wave: Turkey (38%, +9 pts.), Germany (81%, +7 pts.), Serbia (27%, +6 pts.), Israel (54%, +6 pts.), Poland (40%, +5 pts.), Mexico (17%, +3 pts.), France (17%, +3 pts.), the United States (57%, +2 pts.), Spain (18%, +2 pts.) and China (78%, +2 pts.).

Countries with the greatest declines: Belgium (34%, -7 pts.), Saudi Arabia (74%, -4 pts.), India (77%, -3 pts.), Argentina (21%, -2 pts.), Japan (30%, -2 pts.), Hungary (22%, -1 pts.) and Peru (60%, -1 pts.). 

Global Average of Local Economic Assessment (30%) Unchanged

When asked to assess their local economy, nearly one third (30%) 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 unchanged since last sounding.

China (61%) leads in the local assessment category, followed by Germany (59%), India (56%), Israel (56%), Sweden (55%), Saudi Arabia (53%), the United States (46%), Canada (38%) and Australia (37%). Losing one point since last sounding, South Korea (6%) is the lowest ranked country this month again, followed by Serbia (9%), South Africa (15%), Japan (15%), Italy (15%), Spain (15%), Mexico (16%), Brazil (17%), Hungary (17%), Argentina (18%) and France (19%).

Countries with the greatest improvements in this wave: Turkey (28%, +7 pts.), Mexico (16%, +6 pts.), Germany (59%, +6 pts.), Peru (34%, +5 pts.), Canada (38%, +4 pts.), Sweden (55%, +3 pts.), Poland (27%, +3 pts.), France (19%, +3 pts.) and China (60%, +3 pts.).

Countries with the greatest declines in this wave: India (56%, -5 pts.), Russia (20%, -3 pts.), Saudi Arabia (53%, -3 pts.), Belgium (23%, -2 pts.), Argentina (18%, -1 pts.), Australia (37%, -1 pts.), Hungary (17%, -1 pts.), South Korea (6%, -1 pts.) and the United States (46%, -1 pts.).

Global Average of Future Outlook for Local Economy (25%) Down One Point

The future outlook is down one point since last month, with one quarter (25%) of global citizens surveyed in 25 countries expecting their local economy to be stronger six months from now.

India (62%) once again leads in this assessment category, followed by Brazil (58%), China (57%), Peru (54%), Saudi Arabia (49%), Argentina (42%), the United States (40%), Turkey (27%), Mexico (27%), Poland (21%) and Russia (19%). France  has the lowest future outlook score this month, followed by South Korea (10%), Belgium (10%), Italy (11%), Japan (11%), Hungary (11%), Great Britain (11%), Serbia (15%), Sweden (16%), Israel (16%) and South Africa (16%).

Countries with the greatest improvements in this wave: Peru (54%, +8 pts.), Mexico (27%, +7 pts.), Sweden (16%, +6 pts.), Poland (21%, +5 pts.), China (57%, +5 pts.), Serbia (15%, +4 pt.), Italy (11%, +3 pts.), Turkey (27%, +2 pts.) and Canada (18%, +2pts.).

Countries with the greatest declines in this wave: India (62%, -5 pts.), Argentina (42%, -4 pts.), Brazil (58%, -4 pts.), Great Britain (11%, -4 pts.), Russia (19%, -3 pts.), South Africa (16%, -3 pts.), Hungary (11%, -2 pts.), Saudi Arabia (49%, -2 pts.) and the United States (40%, -2 pts.).