The Economic Pulse of the World - October 2018

Global Average of National Economic Assessment Unchanged: 46%

The average global economic assessment of national economies surveyed in 28 countries remains unchanged this wave with 46% of global citizens rating their national economies as ‘good’.

Gaining seven points since last sounding, China (92%) remains at the top spot in the national economic assessment category this month, followed by Saudi Arabia (85%), Germany (80%), the United States (67%), India (66%), Australia (65%), Sweden (64%), Israel (62%), Peru (61%), Canada (59%), Chile (57%) and Poland (57%). Argentina (12%) remains at the lowest spot in this assessment, followed by South Africa (14%), Brazil (15%), South Korea (20%), Italy (20%), Spain (22%), Turkey (22%), France (23%), Hungary (31%), Russia (31%) and Mexico (31%).

Countries with the greatest improvements in this wave: China (92%, +7 pts.), Saudi Arabia (85%, +5 pts.), Poland (57%, +5 pts.), Chile (57%, +5 pts.), Serbia (38%, +4 pts.), Australia (65%, +4 pts.) , South Korea (20%, +3 pts.), Israel (62%, +3 pts.), Great Britain (45%, +3 pts.) and the United States (67%, +2 pts.).

Countries with the greatest declines: India (66%, -12 pts.), Turkey (22%, -9 pts.), Japan (35%, -6 pts.), Sweden (64%, -6 pts.), Malaysia (56%, -4 pts.), Belgium (49%, -1 pts.), Canada (59%, -1 pts.), France (23%, -1 pts.), Italy (20%, -1 pts.) and Mexico (31%, -1 pts.).

Global Average of Local Economic Assessment (36%) Up One Point

For a third month in a row, when asked to assess their local economy, over one third (36%) of those surveyed in 28 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.

China (80%) is the top country in the local assessment category again, followed by Saudi Arabia (68%), Israel (61%), Germany (60%), the United States (55%), Sweden (53%), Chile (52%), India (50%), Canada (45%) and Australia (45%). Argentina (12%) is the lowest ranked country this month, followed by South Africa (13%), Spain (17%), Japan (17%), Serbia (19%), Brazil (19%), South Korea (20%), France (20%), Italy (21%), Hungary (22%), Turkey (25%) and Mexico (26%).

Countries with the greatest improvements in this wave: Russia (27%, +7 pts.), Saudi Arabia (68%, +4 pts.), China (80%, +4 pts.), Australia (45%, +4 pts.), Belgium (33%, +3 pts.), Serbia (19%, +3 pts.), Hungary (22%, +3 pts.), Brazil (19%, +3 pts.), South Korea (20%, +1 pts.), Israel (61%, +1 pts.) and Germany (60%, +1 pts.).

Countries with the greatest declines in this wave: India (50%, -9 pts.), Malaysia (39%, -4 pts.), Turkey (25%, -4 pts.), Poland (35%, -2 pts.), Japan (17%, -2 pts.), Spain (17%, -2 pts.), the United States (55%, -1 pts.) and France (20%, -1 pts.).

Global Average of Future Outlook for Local Economy (28%) Up One Point

The future outlook is up one point since last sounding, with over one quarter (27%) of global citizens surveyed in 28 countries expecting their local economy to be stronger six months from now.

China (76%) remains at the top of this assessment category this month, followed by Saudi Arabia (66%), Brazil (58%), Peru (55%), India (50%), Chile (49%), Mexico (49%), Argentina (37%), Malaysia (33%), the United States (27%) and Turkey (26%). France (8%) has the lowest future outlook score this month again, followed by Belgium (11%), Japan (11%), Great Britain (12%), Russia (12%), Serbia (14%), Hungary (14%), Sweden (14%), Israel (15%) and Germany (15%).

Countries with the greatest improvements in this wave: China (76%, +11 pts.), Brazil (58%, +9 pts.), Saudi Arabia (66%, +7 pts.), South Korea (20%, +4 pts.), Peru (55%, +4 pts.), Argentina (37%, +4 pts.), Canada (18%, +3 pts.), Belgium (11%, +3 pts.), South Africa (19%, +2 pts.), Mexico (49%, +2 pts.) and Italy (21%, +2 pts.).

Countries with the greatest declines in this wave: Sweden (14%, -9 pts.), India (50%, -6 pts.), Malaysia (33%, -6 pts.), Hungary (14%, -5 pts.), Japan (11%, -4 pts.), Chile (49%, -2 pts.), Germany (15%, -2 pts.) and the United States (27%, -2 pts.).