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Statista: Experts are pessimistic about the economy

Economic development is expected to deteriorate significantly

Overall, the most negative estimation for the future is found in Europe with -22% and the most positive is in Asia with +6% Saudi Arabia and Netherlands are the most satisfied with the strength of their local currency Overall, satisfaction scores for capital expenditure have decreased this quarter

Economic development is expected to deteriorate significantly from +32% currently to -5% worldwide according to the study “Global Economic Outlook (GEO) Score”, Statista.com reports. 

All graphs and infographics below are courtesy of Statista.com and the study.

Read: Warning lights flash red as weak US data fuels global economic gloom

The score for the expected development within the next six months lowers globally. 

Overall, the most negative estimation for the future is found in Europe with -22% and the most positive is in Asia with +6%. The country-specific findings highlight this general switch to concern about the future economic situation but vary depending on the respective nation: In the US, a score of +58% for the current economic situation is quite positive, but it deteriorates heavily to -11% when considering the economic development for the next six months.

Read: EIBMED 2019: Conference reveals the two greatest obstacles holding back the Arab economy

The Global Balanced Satisfaction Score this quarter is 32% and all regions show a positive Balanced Satisfaction Score. The America’s satisfaction, driven by North American experts’ opinion, are the most positive with 44%. While Europe is least with a score of 15%.

In general, satisfaction has declined since the previous quarter. Belgium and the U.K. saw their Balanced Satisfaction Score fall the furthest. With Belgian experts score dropping from 59% to 22% and the U.K. seeing their score fall from -3% to -33%.

Saudi Arabia and Netherlands are the most satisfied with the strength of their local currency

Read: Private sector job creation key to economic diversification in Saudi

Overall, satisfaction scores for capital expenditure have decreased this quarter.