What’s The Current Economic Situation In Mexico? Mexico’s economy grew by a revised 0.6% in Q2 from the previous quarter, slightly below the earlier estimate of 0.7%. The figure came in stronger than markets had expected and highlighted the economy’s ability to hold up despite U.S. tariffs. Growth was broad-based, with construction, finance, manufacturing and The post Down But Not Out: Our View on Mexico’s Economic Outlook appeared first on FocusEconomics. read more

GDP per capita—while certainly an imperfect measure—is a useful proxy for measuring a country’s standard of living. We decided to update our popular article and take another look at our forecasts for the 132 countries we cover to see which will have the highest GDP per capita in 2025. The projections are Consensus Forecasts based on the individual forecasts of over 1000 world renowned investment banks, economic think tanks and professional economic forecasting firms. Small European nations dominate the ranking, thanks to their extremely robust institutions, stable policy environments and high-performing education systems, with the United States and Singapore rounding out the top seven. The post Top 10 Richest Countries in the World by GDP per Capita appeared first on FocusEconomics. read more

In our latest piece, we examine the insights from our new Global GDP Tracker page The post Get the latest global GDP growth forecasts via our daily tracker appeared first on FocusEconomics. read more

Leer en Español The mid-2010s doldrums: In the mid-2010s, uranium prices languished below USD 20 per pound. This was a small fraction of the over USD 100 per pound prices reached in the heady days before the global financial crisis of 2007–2008. In the post-crisis years, the uranium spot price was weighed on by the The post What’s the outlook for uranium prices? appeared first on FocusEconomics. read more

Leer en Español Major Geopolitical Events and Their Effect on Oil Prices For decades, the price of crude oil has been a sensitive barometer of global stability. More than just a commodity, its cost is a fever chart of geopolitical health, spiking with conflicts and crashing with unforeseen calamities. To understand the ebb and flow The post The Crude Chronometer: How Geopolitical Shocks Shake the Oil Market appeared first on FocusEconomics. read more

No commodity is more important for the world economy than crude oil. It, along with coal and natural gas, powers our electricity grids and transport networks, greasing the gears and cogs of our modern life. And when their price shifts, as many readers will painfully remember from the 2021–2023 global energy crisis, the effects on our personal finances and the world economy are considerable.  The post The best way to get oil price forecasts less wrong appeared first on FocusEconomics. read more

Leer en Español  In our latest special PDF report, we examine our Consensus Forecasts for the U.S. fiscal balance and public debt in light of a recent raft of policy changes by the Trump administration. Below are some key takeaways from that report.    Debt on the rise: U.S. public debt has climbed by about 30 The post Our Consensus Forecast for the U.S. fiscal balance and public debt  appeared first on FocusEconomics. read more

Leer en Español Overview of U.S. tariffs and their implementation  Since taking office in January, U.S. President Donald Trump has threatened, implemented and backtracked on tariffs at a dizzying rate, making keeping pace with the latest developments tough. As of 25 July, the United States currently has 25% tariffs in place on most goods from The post The Economic Impact of U.S. Tariffs, Present and Future appeared first on FocusEconomics. read more

Bond yields in major advanced economies have been on the up so far this year. Japanese 30-year bond yields have hit record highs so far in July, while 10-year yields have reached levels not seen in over a decade. In the same month, UK long-term yields climbed to levels last seen in 1998, with 10-year The post A (not so) random walk: Why bond yields are on the rise appeared first on FocusEconomics. read more

Leer en Español Overview: Israel’s recent conflicts and political climate Since 7 October 2023, Israel has been embroiled in its most sustained and multi-fronted conflict in decades. The initial, devastating assault by the Palestinian militant group Hamas, which resulted in 1,200 deaths and the capture of 253 hostages, triggered a massive military response in the The post The Economic Impact of Israel’s Conflicts with its Neighbors appeared first on FocusEconomics. read more