The Economic Pulse of the World - October 2016

Six Southeast Asian countries were added to the October wave of the Global @dvisor: Indonesia, Malaysia, Philippines, Singapore, Taiwan and Vietnam.

The author(s)

  • Nik Samoylov Public Affairs, US
  • Chris Deeney Public Affairs, US
  • Julia Clark Marketing & Communications Director, NA
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Respondents in Malaysia (31%) and Taiwan (16%) assess the state of their national economy below the global average (41%), while those in Indonesia (64%), Philippines (74%), Singapore (58%) and Vietnam (58%) score above the global average.

In the local economic assessment, Taiwan (12%), Malaysia (25%) and Vietnam (30%) score below the global average (31%), while Indonesia (51%), Philippines (61%) and Singapore (51%) score above.

Only a minority of respondents in Taiwan (9%), Malaysia (15%) and Singapore (22%) expect the economy in their local area to become stronger in the next six months. Philippines (68%), Indonesia (56%) and Vietnam (34%) all score above the global average of 25%.

Global Average of National Economic Assessment Unchanged: 41%

The average global economic assessment of national economies surveyed in 25 countries remains unchanged with 41% of global citizens rating their national economies as ‘good’.

India (82%) remains at the top position in the national economic assessment category, followed by Saudi Arabia (80%), China (76%), Germany (75%), Sweden (65%), Peru (65%), Australia (58%), Canada (54%) and Israel (53%). Brazil (7%) holds the lowest spot again, followed by France (11%), South Korea (15%), Italy (15%), Spain (15%), Mexico (17%), South Africa (18%),  Argentina (20%), and Hungary (21%).

Countries with the greatest improvements in this wave: Turkey (50%, +7 pts.), Great Britain (50%, +5 pts.), China (76%, +4 pts.), Japan (29%, +3 pts.), Australia (58%, +3 pts.), South Korea (15%, +2 pts.), Saudi Arabia (80%, +2 pts.), Italy (15%, +2 pts.), Brazil (9%, +2 pt.) and Argentina (20%, +2 pt.).

Countries with the greatest declines: Belgium (28%, -9 pts.), Poland (37%, -5 pts.), Sweden (65%, -5 pts.), Peru (65%, -4 pts.), Mexico (17%, -3 pts.), Canada (54%, - 2 pts.), the United States (48%, -2 pts.), France (11%, -2 pts.) and India (82%, -2 pts.). 

National Economic Assessment - October 2016

Global Average of Local Economic Assessment (31%) Up One Point

When asked to assess their local economy, three in 10 (31%) 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 one point since last sounding.

India (62%) takes over the top spot in the local assessment category, followed by China (59%), Sweden (59%), Saudi Arabia (57%), Israel (55%), Germany (53%), the United States (46%), Turkey (42%), Australia (38%) and Peru (35%). Italy (12%) is the lowest ranked country this month, followed by Mexico (13%), Japan (13%), France (13%), Spain (14%), South Korea (14%), Brazil (15%), Argentina (16%), South Africa (16%), Hungary (17%) and Russia (19%).

Countries with the greatest improvements in this wave: Sweden (59%, +11 pts.), India (62%, +9 pts.), Turkey (42%, +6 pts.), Saudi Arabia (57%, +6 pts.), Australia (38%, +4 pts.), the United States (46%, +3 pts.), Spain (14%, +2 pts.), Russia (19%, +2 pts.), Israel (55%, +2 pts.), Great Britain (32%, +2 pts.), Brazil (15%, +2 pts.) and Argentina (16%, +2 pts.).

Countries with the greatest declines in this wave: Canada (34%, -5 pts.), Mexico (13%, -4 pts.), Belgium (20%, -2 pts.), France (13%, -2 pts.), Germany (53%, -2 pts.), Italy (12%, -1 pts.) and Peru (35%, -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.

Completing the sweep this month, India (62%) leads in this assessment category as well, followed by Peru (60%), Brazil (59%), China (53%), Argentina (50%), Saudi Arabia (48%), Turkey (38%), the United States (31%), Mexico (27%) and South Africa (22%). France (5%) has the lowest future outlook score this month once again, followed by Belgium (6%), South Korea (9%), Italy (9%), Japan (11%), Hungary (11%), Great Britain (12%) and Sweden (12%).

Countries with the greatest improvements in this wave: Turkey (38%, +6 pts.), South Africa (22%, +2 pts.),Poland (17%, +2 pts.), India (62%, +2 pts.), Saudi Arabia (48%, +1 pts.), Japan (11%, +1 pt.) and China (53%, +1 pt.).

Countries with the greatest declines in this wave: Israel (13%, -5 pts.), Mexico (27%, -5 pts.), Peru (60%, -5 pts.), Argentina (50%, -3 pts.), Sweden (12%, -3 pts.), Belgium (6%, -2 pts.), Canada (15%, -2 pts.) and Germany (13%, -2 pts.).

The author(s)

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

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