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IPFS News Link • Economy - International

Confidence In The Global Economy, By Country

• https://www.zerohedge.com, by Tyler Durden

So how do people around the world feel about the global economy?

This visualization, via Visual Capitalist's Niccolo Conte, uses survey data collected from October 20 to November 3, 2023 by Ipsos. It was first highlighted as part of our 2024 Global Forecast Series.

Which Countries Feel Confident About the Economy in 2024?

Heading into 2024, an average of 50% of polled adults felt confident that the global economy would be stronger than in 2023. But breaking down responses by country shows a vast disparity between responses.

Here are the percentage of respondents who agreed with the following statement: "The global economy will be stronger in 2024 than it was in 2023." We also note the change in percentage points (p.p.) compared with the same question a year prior.

Country Agree Change (Year-over-year) ???? Global average 50% +4 p.p.
???????? India 85% +12 p.p.
???????? Indonesia 82% +14 p.p.
???????? China 82% +4 p.p.
???????? Philippines 74% N/A
???????? Thailand 68% +4 p.p.
???????? Malaysia 62% +8 p.p.
???????? Mexico 62% +6 p.p.
???????? Brazil 60% -13 p.p.
???????? Singapore 59% +4 p.p.
???????? Poland 56% +20 p.p.
???????? New Zealand 56% N/A
???????? Colombia 54% +5 p.p.
???????? Chile 51% +8 p.p.
???????? Peru 51% -3 p.p.
???????? Argentina 51% +3 p.p.
???????? South Africa 49% +2 p.p.
???????? Australia 48% +7 p.p.
???????? Hungary 46% +15 p.p.
???????? Romania 45% +8 p.p.
???????? United States 45% +3 p.p.
???????? Spain 44% +8 p.p.
???????? Netherlands 44% +12 p.p.
???????? Türkiye 43% 0 p.p.
???????? Great Britain 43% +11 p.p.
???????? Switzerland 43% +8 p.p.
???????? Italy 40% +8 p.p.
???????? Germany 40% +3 p.p.
???????? Canada 39% +2 p.p.
???????? Sweden 34% +1 p.p.
???????? France 33% +4 p.p.
???????? South Korea 33% -5 p.p.
???????? Portugal 33% N/A
???????? Japan 30% 0 p.p.

At the top, IndiaIndonesia, and China stood as being the most confident about 2024's economic prospects. 85% of Indian respondents agreed that the global economy will be stronger in 2024 than in 2023, while 82% of Chinese and Indonesian respondents felt the same.

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