Confidence in the Global Economy, by Country

This post is by Niccolo Conte from Visual Capitalist

See this visualization first on the Voronoi app.

chart of confidence in the economy by country

Confidence in the Global Economy, by Country

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources. Measuring consumer confidence in the economy is crucial for understanding both current economic strength, as well as how consumers may be expected to act in the future. So how do people around the world feel about the global economy? This visualization uses survey data collected from October 20 to November 3, 2023 by Ipsos. It was first highlighted as part of our 2024 Global Forecast Series.

Which Countries Feel Confident About the Economy in 2024?

Heading into 2024, an average of 50% of polled adults felt confident that the global economy would be stronger than in 2023. But breaking down responses by country shows a vast disparity between responses. Here are the percentage of respondents who agreed with the following statement: “The global economy will be stronger in 2024 than it was in 2023.” We also note the change in percentage points (p.p.) compared with the same question a year prior.
CountryAgreeChange (Year-over-year)
๐Ÿ‡ฎ๐Ÿ‡ณ India85%+12 p.p.
๐Ÿ‡ฎ๐Ÿ‡ฉ Indonesia82%+14 p.p.
๐Ÿ‡จ๐Ÿ‡ณ China82%+4 p.p.
๐Ÿ‡ต๐Ÿ‡ญ Philippines74%N/A
๐Ÿ‡น๐Ÿ‡ญ Thailand68%+4 p.p.
๐Ÿ‡ฒ๐Ÿ‡พ Malaysia62%+8 p.p.
๐Ÿ‡ฒ๐Ÿ‡ฝ Mexico62%+6 p.p.
๐Ÿ‡ง๐Ÿ‡ท Brazil60%-13 p.p.
๐Ÿ‡ธ๐Ÿ‡ฌ Singapore59%+4 p.p.
๐Ÿ‡ต๐Ÿ‡ฑ Poland56%+20 p.p.
๐Ÿ‡ณ๐Ÿ‡ฟ New Zealand56%N/A
๐Ÿ‡จ๐Ÿ‡ด Colombia54%+5 p.p.
๐Ÿ‡จ๐Ÿ‡ฑ Chile51% (Read more…)