Category: Business Services & Administration
Business Services & Administration market research reports by Oxford Economics
-
Macro - Country Economic Forecasts - Grenada
Macro - Country Economic Forecasts - Grenada We have cut our 2025 growth forecast for Grenada by 0.4ppts to 3.7%. We think this summer's Hurricane Beryl, which wrecked infrastructure and housing in the northern islands of Carriacou and Petit Martinique, will leave a lasting mark on the supply si ... Read More
-
Analysis by Region - Europe
Analysis by Region - Europe We forecast Turkmenistan's GDP growth will pick up to 4.1% in 2025, an improvement from recent years. Stabilising natural gas prices and stronger-than-expected population growth will be the main growth drivers next year as the economy strengthens from several years of ... Read More
-
Analysis by Region - Emerging Markets - Montenegro
Analysis by Region - Emerging Markets - Montenegro We've raised our GDP growth forecasts for Montenegro by 0.2ppts, to 3.8% for 2024 and to 3.2% for next year. We expect solid growth at the tail end of this year as inflation continues to ease and monetary policy loosens. The ongoing Russia-Ukrai ... Read More
-
Macro - Country Economic Forecasts - Guadeloupe
Macro - Country Economic Forecasts - Guadeloupe We have revised up our 2025 GDP growth forecast for Guadeloupe by 1.7ppts to 2.7%, as growth in tourism continues to drive exports. Although inflation is expected to decline to 1.7% in 2025 and 1.9% in 2026, we don't anticipate a strong recovery in ... Read More
-
Macro - Country Economic Forecasts - Bermuda
Macro - Country Economic Forecasts - Bermuda We now forecast real GDP for Bermuda will grow by 4.4% in 2024, and a further 3.7% in 2025. This is close to the emerging markets average of 4.1% for this year and 4.0% for next. Bermuda's mid-year budget review was exceedingly positive, announcing ec ... Read More
-
Macro - Country Economic Forecasts - North Macedonia
Macro - Country Economic Forecasts - North Macedonia We have raised our inflation forecast for North Macedonia to 4.2% in 2025 from 2.5%. The North Macedonian government has capped food profit margins to combat rising inflation. We think this policy will take effect at the end of 2024, leading us to ... Read More
-
Macro - Country Economic Forecasts - Virgin Islands (US)
Macro - Country Economic Forecasts - Virgin Islands (US) We upgraded our 2025 GDP forecast for the US Virgin Islands by 1.3ppts to 2.7% y/y. This is to reflect the significant investment and funding of infrastructure that the territory is set to receive in the upcoming year. ... Read More
-
Macro - Country Economic Forecasts - Georgia
Macro - Country Economic Forecasts - Georgia Business sentiment indicators for Georgia have dipped across the board in recent months, with the headline index down 10 points for Q4 2024, suggesting growth may be losing some steam. In 2025 we expect growth to moderate to 3.7%, closer to trend levels, ... Read More
-
Macro - Country Economic Forecasts - Mongolia
Macro - Country Economic Forecasts - Mongolia Strong growth in quarterly wage data and a less inflationary environment in Mongolia should encourage consumption in H2 2024 and into 2025. Consequently, we have raised our GDP forecast for 2025 to 6% y/y. For 2024, we expect Mongolia’s GDP to grow ... Read More
-
Analysis by Region - Emerging Markets - Vietnam
Analysis by Region - Emerging Markets - Vietnam We expect Vietnam's GDP will grow by 6.7% this year and 6.5% next. Strong industrial production in July and August offset the weakness in September this year despite the impact from Typhoon Yagi. Manufacturing will continue to be the primary engine ... Read More
-
Macro - Country Economic Forecasts - Kyrgyzstan
Macro - Country Economic Forecasts - Kyrgyzstan We expect Kyrgyzstan's economy will expand by a solid 3.7% in 2025, building on several years of strong growth. The Russia-Ukraine war has bolstered GDP growth in recent years. But although the conflict will continue to provide some support, the ec ... Read More
-
Macro - Country Economic Forecasts - Papua New Guinea
Macro - Country Economic Forecasts - Papua New Guinea We now expect Papua New Guinea's GDP to expand by 6.9% in 2025, accelerating from a healthy 4.8% this year. Economic activity in the export-dominated economy will be driven mainly by its extraction sector, with high gold prices and increased ... Read More
-
Analysis by Region - Emerging Markets - Moldova
Analysis by Region - Emerging Markets - Moldova Moldova's GDP growth has gathered pace in H2 2024 and will likely pick up further next year, supported by additional EU funding and growing demand in the EU, Moldova's main trading partner. We expect growth will rise to about 3.9% in both 2025 ... Read More
-
Macro - Country Economic Forecasts - Laos
Macro - Country Economic Forecasts - Laos We've reduced our GDP growth forecasts for Laos to 3.8% for 2025. The downgrade stems from inflation remaining stickier than expected, fuelling emigration to neighbouring countries, which has exacerbated existing challenges for human capital. We anticipa ... Read More
-
Macro - Country Economic Forecasts - Puerto Rico
Macro - Country Economic Forecasts - Puerto Rico We lowered our 2025 GDP growth forecast by 0.2ppts to 1.2%. Federal funds from disaster-relief programs and pandemic stimulus that buoyed infrastructure projects and private consumption will continue to fade. Still, resilient demand from mainland ... Read More
-
Macro - Country Economic Forecasts - Dominica
Macro - Country Economic Forecasts - Dominica We have doubled our 2024 GDP forecast for Dominica to 4.2% and expect robust growth of 3.1% next year. Our forecast reflects strong near-term prospects due a major recovery in tourism, high public investment, and strong Citizenship-by-Investment revenues ... Read More
-
Macro - Country Economic Forecasts - Bosnia and Herzegovina
Macro - Country Economic Forecasts - Bosnia and Herzegovina We expect GDP growth for Bosnia and Herzegovina will pick up to 2.7% in 2025, following a 2.2% expansion this year. We've revised down our 2024 forecast by 0.2ppts as private consumption is taking more time to rebound than we expected, ... Read More
-
Analysis by Region - Latin America
Analysis by Region - Latin America We've raised our 2024 GDP forecast for Suriname slightly to 2.3% from 2.1%, but cut our 2025 projection to 2.0% from 3.0%. The IMF projects GDP growth at 3.0% for both years. Our outlook is more pessimistic as we expect harsher fiscal and monetary consolidation ... Read More
-
Macro - Country Economic Forecasts - St. Kitts and Nevis
Macro - Country Economic Forecasts - St. Kitts and Nevis We forecast GDP growth for St Kitts and Nevis of 3.6% this year and expect a solid 3.2% expansion in 2025. We think growth will stay robust over the medium term due to recovering tourism receipts, high investment, and ongoing Citizenship-by-In ... Read More
-
Analysis by Region - Emerging Markets - Fiji
Analysis by Region - Emerging Markets - Fiji We expect GDP growth for Fiji will ease to 2.7% in 2024 and 3.3% in 2025 following a rapid two-year recovery. This reflects lower-than-expected merchandise exports, as demand from Australia and New Zealand moderated. Meanwhile, tourism earnings remain res ... Read More
-
Macro - Country Economic Forecasts - St. Lucia
Macro - Country Economic Forecasts - St. Lucia We have upgraded our 2024 growth forecast for Saint Lucia by 1.5ppts to 4.9% y/y, given record-breaking tourism figures throughout the year. We forecast the economy to continue to grow in 2025 at a rate of 4.8% y/y based on expectations of a record crui ... Read More
-
Analysis by Region - Emerging Markets - Belize
Analysis by Region - Emerging Markets - Belize We have nudged up our 2025 GDP growth forecast for Belize by 0.2ppts to 2.8% driven by the country's favourable conditions for business processing outsourcing. This has resulted in a reduction of the unemployment rate to a record low of 3.3% and inc ... Read More
-
Macro - Country Economic Forecasts - Myanmar
Macro - Country Economic Forecasts - Myanmar We have further revised down our 2024 GDP forecast for Myanmar to 2.0% on the back of the deteriorating security situation, which is affecting every corner of the economy. Confidence is falling and inflation remains high, severely impacting already low re ... Read More
-
Macro - Country Economic Forecasts - Solomon Islands
Macro - Country Economic Forecasts - Solomon Islands We have revised up our 2024 GDP growth forecast for the Solomon Islands by 0.1ppts to 2.3%, still below the Asia Pacific average of 3.9%. We expect similar levels of growth through 2025, as large infrastructure projects outlined in the Solomon' ... Read More
-
Macro - Country Economic Forecasts - Reunion
Macro - Country Economic Forecasts - Reunion We have lowered our 2025 GDP growth forecast for Reunion by 0.5ppts to 3.4%. Muted economic growth in France and the broader eurozone will weigh on Reunion's tourism industry. France's new Prime Minister, Michel Barnier, has proposed major budget ... Read More
Research Assistance
