Leer en Español For much of its existence, Australia’s economy has been a story of bountiful resources and fortunate circumstances. From its origins as a penal colony, it has evolved into a highly developed, services-driven economy that has enjoyed one of the longest periods of uninterrupted growth in the developed world. However, as the 21st The post Australia’s Economic Landscape: History, Challenges and Future Prospects appeared first on FocusEconomics. read more

Leer en Español On 1 January 2026, Bulgaria is set to adopt the euro, becoming the 21st member of the currency bloc. The move has been years in the making: Over two decades after pegging its currency—the lev, or “lion”—to the euro, and five years after entering the eurozone’s waiting room (ERM II), Bulgaria was The post The “lion” Bulgaria joins the Eurozone pride: What impact will it have?  appeared first on FocusEconomics. read more

In our latest insight piece, we look at the economic outlook in the coming years for Asia’s two largest economies. The post India vs China: The Long-Term Outlook for Asia’s Two Behemoths appeared first on FocusEconomics. read more

Leer en Español President Trump’s latest fiscal foray, dubbed the “One, Big, Beautiful Bill,” is making its way through Congress, promising the most significant tax overhaul since his 2017 legislation. While proponents tout job creation and economic uplift, a closer look at the numbers reveals a potentially perilous path for America’s already strained fiscal health. The post What does Trump’s “beautiful” tax bill mean for the U.S. fiscal position? appeared first on FocusEconomics. read more

Leer en Español The global economy, much like the weather, is prone to cycles of sunshine and storm. For businesses, investors and policymakers, discerning the approach of an economic tempest—a recession—is paramount. But how does one read these financial skies? The answer lies in a constellation of economic indicators, data points that, when interpreted correctly, The post The Top Economic Signs and Indicators of a Recession appeared first on FocusEconomics. read more

Leer en Español It came sooner than expected. In May, China agreed to a trade ceasefire with the U.S., and will now face an average U.S. tariff of 51% instead of 127%. As can be seen below, that’s already leading economists to redraw their forecasts for the Chinese economy.  As we outlined in last month’s The post The 90-day tariff pause: Here’s how China’s market forecasts are shifting appeared first on FocusEconomics. read more

Leer en Español Historical Trade Relations between the U.S., Canada and Mexico The trade relationship between the United States, Canada and Mexico is one of the world’s most intricate economic tapestries, woven from threads of shared geography, resource complementarities, and, crucially, evolving political will. From colonial-era bartering to the sophisticated supply chains of the 21st The post The Impact of U.S. Trade Tariffs on Canada and Mexico appeared first on FocusEconomics. read more

Leer en Español The world’s most traded currency pair—the U.S. dollar vs. the euro—has been on a volatile ride since the pandemic, most recently due to Donald Trump’s fluctuating economic policy. With a volatile macro backdrop on both sides of the Atlantic, our panelists are rethinking their forecasts for the coming years. From dominance to The post The Dollar-Euro Dance: Recent Developments And Our Panelists’ Forecasts appeared first on FocusEconomics. read more

Leer en Español Gold’s Importance Throughout Economic Ups and Downs Gold. The word itself evokes images of treasure chests, royal crowns and impenetrable vaults. For millennia, this lustrous yellow metal has captivated humanity, serving not merely as decoration but as a fundamental component of economic systems, as we touched on in an old post on The post Gold, Inflation and Interest Rates: How Do They Interact? appeared first on FocusEconomics. read more

Leer en Español Donald Trump’s on-again, off-again tariff announcements have thrown the world economic outlook into disarray. The IMF recently downgraded its outlook for global growth, as have other institutions in our panel, as we examined in a recent blog post. With this in mind, in mid-April we polled 121 of our panelists, including top The post How do 121 analysts see tariffs affecting the U.S. and global economies? appeared first on FocusEconomics. read more