Category: Financial Services
Financial Services market research reports by Oxford Economics
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Macro - Country Economic Forecasts - North Macedonia
Macro - Country Economic Forecasts - North Macedonia For North Macedonia, we now forecast that GDP will grow by a more muted 1.9% this year followed by slightly stronger growth of 2.5% in 2025. In both the parliamentary and presidential election, the VMRO-DPMNE party received significant support lea ... Read More
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Analysis by Region - Emerging Markets - Armenia
Analysis by Region - Emerging Markets - Armenia We've boosted our forecast for Armenia's GDP growth in 2024 to 7.8% y/y, up from 3.8% six months ago, following an 8.7% expansion last year. Growth momentum remained strong at the start of 2024, with GDP expanding by 9.2% y/y in Q1 amid buoyant ... Read More
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Analysis by Region - Emerging Markets - Myanmar
Analysis by Region - Emerging Markets - Myanmar We've cut our 2024 GDP growth forecast for Myanmar to 2.2%. This reflects the deteriorating security situation and its spillovers into every corner of the economy. The consumer outlook is still bleak as high inflation continues to weigh on real inc ... Read More
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Macro - Country Economic Forecasts - Georgia
Macro - Country Economic Forecasts - Georgia Georgia's economy performed strongly in H2 2023 by growing 7.5%, beating our forecast. We expect growth will moderate in 2024 but remain very healthy at 5.3%, up from our previous forecast of 4.1%. Solid foreign ... Read More
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Macro - Country Economic Forecasts - Anguilla
Macro - Country Economic Forecasts - Anguilla We've downgraded our 2024 GDP growth forecast for Anguilla by 0.7ppts to 6% y/y as the headwinds from inflation and global uncertainty continue to cloud the outlook. However, we expect tourism will continue to aid growth and demand for the country ... Read More
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Macro - Country Economic Forecasts - Suriname
Macro - Country Economic Forecasts - Suriname We maintained our 2024 GDP growth forecast for Suriname at 2.1% y/y because ongoing high inflation, anti-austerity protests, and a weaker global economy will likely depress real incomes. We now expect the recent oil discoveries will start to contribute t ... Read More
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Analysis by Region - Emerging Markets - Montenegro
Analysis by Region - Emerging Markets - Montenegro We have raised our 2024 GDP growth forecast for Montenegro by 0.2pts to 3.6%. We expect growth will then slow to 3% in 2025, though this is still slightly higher than our forecast in November 2023. We anticipate GDP growth will remain strong in 2024 ... Read More
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Macro - Country Economic Forecasts - Syrian Arab Republic
Macro - Country Economic Forecasts - Syrian Arab Republic Record inflation, a deepening currency crisis, and geopolitical uncertainty over conflicts in the Middle East have led us to revise downwards our real GDP growth forecast for Syria this year to -1.4%. This marks the third consecutive year of ... Read More
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Macro - Country Economic Forecasts - Antigua and Barbuda
Macro - Country Economic Forecasts - Antigua and Barbuda We increased our 2024 GDP growth forecast for Antigua and Barbuda by 0.7ppts to 5.8% y/y. This solid growth is aided by tourism and construction activity increasing, to which real activity is expected to climb to pre-pandemic levels by the end ... Read More
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Analysis by Region - Emerging Markets - Kosovo
Analysis by Region - Emerging Markets - Kosovo We updated our GDP forecast for 2024, nudging down our forecast by 0.2pts to 3.7%. This reflects our expectation that 2023 saw greater GDP growth than we anticipated, which we now believe came in at 3.7%, 0.3pts higher than we forecast in November. Our ... Read More
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Macro - Country Economic Forecasts - Barbados
Macro - Country Economic Forecasts - Barbados We have adjusted our 2024 GDP growth projection for Barbados downward by 0.3ppts to 3.2%. While fiscal consolidation targets continue to be met and the performance of tourism is resilient, sustained domestic inflationary pressures are expected to weigh o ... Read More
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Analysis by Region - Africa
Analysis by Region - Africa Available data indicates that economic momentum slowed in Q1 2024. However, despite a brief dip into contractionary territory in March, the PMI still signals growth in the economy's agricultural, construction, wholesale & retail, industrial, and services sectors o ... Read More
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Macro - Country Economic Forecasts - Grenada
Macro - Country Economic Forecasts - Grenada We kept our 2024 GDP forecast for Grenada at 4.3%, a moderation from 2023 growth due to a slower expansion in tourism and construction. The ongoing strength of the US consumer will uphold Grenada's tourism-driven economy, particularly in the first hal ... Read More
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Analysis by Region - Emerging Markets - Tajikistan
Analysis by Region - Emerging Markets - Tajikistan We've nudged down our 2024 GDP growth forecast for Tajikistan by 0.8ppts to 4.3% y/y, to reflect heightened tensions with Russia following the Moscow Crocus City Hall attack. We've also adjusted our inflation forecast after recent data showe ... Read More
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Macro - Weekly Briefings - US
Macro - Weekly Briefings - US The data released this week signaled the possible start of a course correction for inflation that should keep the Federal Reserve on track to begin rate cuts later this year. The Fed will need to see more than one positive report on inflation before lowering rates, but ... Read More
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Macro - Country Economic Forecasts - Guadeloupe
Macro - Country Economic Forecasts - Guadeloupe We expect Guadeloupe's real GDP will grow by 2.2% y/y in 2024, supported by strong momentum following the 8.3% y/y surge in activity last year. The Starlink satellite coverage, which is expected to provide the island with high-s ... Read More
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Analysis by Region - Emerging Markets - Albania
Analysis by Region - Emerging Markets - Albania We have raised our 2024 GDP growth forecast for Albania by 1.1ppts to 2.9%. The economy has proven resilient to the inflation shock and tighter monetary policy, with a strong finish to 2023 providing a healthy carryover for growth in 2024. Growth will ... Read More
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Macro - Country Economic Forecasts - Guyana
Macro - Country Economic Forecasts - Guyana We expect Guyana's 2024 GDP growth to slow to 30.9%, following slightly stronger-than-expected estimate for 2023 of 36.1% growth. We forecast GDP growth to slow to 25.2% in 2025 and cool towards 4% over the medium term as base effects wane and oil prod ... Read More
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Analysis by Region - Emerging Markets - Gabon
Analysis by Region - Emerging Markets - Gabon General Brice Oligui Nguema's coup d'état in August 2023 caused political upheaval but marked a monumental step towards Gabon's democratic renewal. Gen Oligui has solidified his support, leading to increased political stability. The tran ... Read More
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Macro - Country Economic Forecasts - Taiwan
Macro - Country Economic Forecasts - Taiwan We continue to expect Taiwan’s growth outlook will be supported by the upward trend of the global tech cycle and the surging demand for AI chips. The impact of the recent earthquake on the local economy is likely to be only temporary and will not alter the ... Read More
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Macro - Country Economic Forecasts - South Korea
Macro - Country Economic Forecasts - South Korea South Korea's GDP grew by 1.3% q/q or 3.4% y/y in Q1, the fastest in nine consecutive quarters, due to the recovery in domestic demand. Investment rebounded by 1.5% q/q and consumption by 0.8% q/q, in total contributing 0.8ppts to growth in t ... Read More
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Macro - Weekly Briefings - United Kingdom
Macro - Weekly Briefings - United Kingdom A second successive rise in GDP in February and an upward revision to January's increase bolstered our confidence that the UK economy is finally beginning to recover after two years of stagnation. With timelier indicators for March also positive, GDP is ... Read More
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Macro - Country Economic Forecasts - Bahrain
Macro - Country Economic Forecasts - Bahrain We've revised up our 2024 growth forecast for Bahrain from 1.8% to 1.9% and expect a slight easing to 1.8% in 2025. Last year, GDP growth lost momentum, falling to 1.7% amid challenging global economic circumstances. ... Read More
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Analysis by Region - Europe - Switzerland
Analysis by Region - Europe - Switzerland We've raised our 2024 GDP growth forecast for Switzerland by 0.2ppts to 1.4% (or to 1.1% when adjusted for revenues from major sporting events). Although the outlook for this year has improved slightly, our revised forecast is still in line with the expe ... Read More
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Macro - Country Economic Forecasts - Cambodia
Macro - Country Economic Forecasts - Cambodia We've nudged down our forecasts for Cambodia's GDP growth, to 5.4% from 5.6% for 2023 and to 6.4% from 6.5% for 2024, given that the recovery in tourism fared below our expectations. Although, new export drivers in agricultural products and elect ... Read More