Our insightful solutions enable our clients to understand the world today and to be prepared for the changes of tomorrow, We monitor the world to prepare you for whats ahead, Understand a countrys political, policy and economic outlook, Monitoring sovereign, currency and banking sector risk, Identify, assess, compare and mitigate the operational risks involved in doing business, We measure the true impact that governments, businesses and society have on sustainability, Book the experts behind the award-winning economic and political forecasts, Thought-provoking analysis and information about new products and services, Practical business information on a wide range of topics, Upcoming live virtual events featuring our global team of analysts, Stay current on important topics that impact you, Latest commentary on the world news and events, Subscribe now to understand the trends that impact your business and investments, We help you understand the world and prosper within it. Build your own models and evaluate key trends in regional quality of life that might affect the development of cities in the future. Countries are given a rating on a zero to ten scale, and the overall index is the average of the five total category scores. Click through to. In this on-demand webinar, the editor of the Democracy Index report, Joan Hoey, and EIUs global forecasting director, Agathe Demarais, discuss this years global rankings. The only equivalent drop since 2006 was in 2010 after the global financial crisis. Understand the political, policy and economic outlook with EIUs award-winning forecasts, analysis and data. Want to work with us? Invest with conviction, plan future strategy and mitigate risks with our independent macroeconomic and geopolitical insightsempowering a range of teams across global industries. Global prices have risen by more than 8% on average in 2022, sparked by the war in Ukraine and zero-covid restrictions in China. A global index that attempts to compare people's well-being across 170 countries Although inflationary pressures have eased since mid-2022, high interest rates are weighing on growth and investor confidence. In 2022 the GFSI was dragged down by falls in two of its strongest pillarsaffordability, and food quality and safetyand saw continued weakness in its other two pillarsavailability, and. EIU Risk Outlook 2022 10 scenarios that could impact global growth and inflation The post-pandemic economic rebound is set to continue in 2022, with the EIU forecasting that global GDP will expand by 4.1% next year. Talks will go down to the wire, and a negotiated compromise is the most likely outcome. The index scored 172 cities in five categories: culture, health care, education, infrastructure, and entertainment. Empower your company with insights from EIUs country and industry specialists. We have one of the largest and most experienced analyst teams in the world. The average global index score stagnated in 2022. Download report Industry outlook 2023 Award-winning forecasts, data and analysis covering 95% of world output and trade, available now through our EIU Viewpoint service. Our insightful solutions enable our clients to understand the world today and to be prepared for the changes of tomorrow, We monitor the world to prepare you for whats ahead, Understand a countrys political, policy and economic outlook, Monitoring sovereign, currency and banking sector risk, Identify, assess, compare and mitigate the operational risks involved in doing business, We measure the true impact that governments, businesses and society have on sustainability, Book the experts behind the award-winning economic and political forecasts, Thought-provoking analysis and information about new products and services, Practical business information on a wide range of topics, Upcoming live virtual events featuring our global team of analysts, Stay current on important topics that impact you, Latest commentary on the world news and events, Subscribe now to understand the trends that impact your business and investments, We help you understand the world and prosper within it. European and Canadian cities dominate the list of Most Liveable Cities thanks to factors like stability and good infrastructure. Whether its conflict arising between China and Taiwan, the emergence of new covid-19 variants, or inter-state cyberwar crippling infrastructure in major economies, this report explores 10 key risk scenarios to watch out for in 2022. The financial services industry emerged strongly from the pandemic. Overall rating: 172Stability: 20Healthcare: 29.2Culture & environment: 40.5Education: 33.3Infrastructure: 32.1. The analysis, data and forecasts from our 700 country experts are rigorously tested and peer-reviewed. A Division of NBC Universal, The 20 safest U.S. cities for solo female, These are the 10 best destinations in the, first as the best place to live in the world, Osaka, Japan and Melbourne, Australia (tie). The future and impact of decades of global analysis, explored. The Israeli city climbed from fifth place, pushing Paris to joint second with Singapore. The EIU was created in 1946 specifically to address the issues that readers of The Economist were asking. EIUs latest report assesses the likelihood of four critical geopolitical and economic risks, and outlines the impact these would have on global operating environments. EIUs Worldwide Cost of Living 2022 compares the prices of more than 200 goods and services in 172 cities worldwide. The EIU was created in 1946 specifically to address the issues that readers of The Economist were asking. Inter-Korean tensions will intensify as South Korea deepens defence co-operation with the US, while North Korea seeks to further its development of nuclear weapons. EIU's Worldwide Cost of Living 2022 compares the prices of more than 200 goods and services in 172 cities worldwide. Higher interest rates will weigh on mortgage lending and depress house prices in some . The future and impact of decades of global analysis, explored. Invest with conviction, plan future strategy and mitigate risks with our independent macroeconomic and geopolitical insightsempowering a range of teams across global industries. The end of easy money. Find out the latest opportunities available at Economist Intelligence. The Democracy Index is based on 60 indicators, grouped into five categories: electoral process and pluralism, civil liberties, functioning of government, political participation and political culture. Here was one of their own: a pragmatic tycoon to fix the incompetent. Despite this positive outlook, there are numerous political and economic risks that could derail the recovery. Our insightful solutions enable our clients to understand the world today and to be prepared for the changes of tomorrow, We monitor the world to prepare you for whats ahead, Understand a countrys political, policy and economic outlook, Monitoring sovereign, currency and banking sector risk, Identify, assess, compare and mitigate the operational risks involved in doing business, We measure the true impact that governments, businesses and society have on sustainability, Book the experts behind the award-winning economic and political forecasts, Thought-provoking analysis and information about new products and services, Practical business information on a wide range of topics, Upcoming live virtual events featuring our global team of analysts, Stay current on important topics that impact you, Latest commentary on the world news and events, Subscribe now to understand the trends that impact your business and investments, We help you understand the world and prosper within it. Each country is then grouped into four types of regimes, based on their average score: full democracies, flawed democracies, hybrid regimes and authoritarian regimes. EIU has been named the worlds most accurate economic forecaster, achieving a total of 49 first-place rankings in this years FocusEconomics Analyst Forecast Awards. Although 18 different countries are represented on these lists, you won't find the U.S. ranked in the top 10 on either one. The future and impact of decades of global analysis, explored. Although inflationary pressures have eased since mid-2022, high interest rates are weighing on growth and investor confidence. We have one of the largest and most experienced analyst teams in the world. Lagos the cultural capital of Nigeria made the list because, according to the U.S. Department of State, it is known for crime,terrorism,civil unrest,kidnapping andmaritime crime. Explore EIUs latest forecasts and assess how a contraction in global economic activity will affect the region. The 2019 edition crowned Vienna as the world's most liveable city. Want to work with us? Data on insurance claims from Komodo Health, a health-care-technology company, shows that in the second half of 2022 vasectomy rates across America were far higher than in previous years. After falling to 1.2% in 2024 as global commodity prices decline further, inflation will increase to 1.8% in 2025, owing to another expected rise in the VAT rate (to 15%). Find out the latest opportunities available at Economist Intelligence. Browse our latest analysis pieces, written by leading minds on a given region, industry or topic. The index scored 172. EIUs latest report examines how commodity prices and currency movements have affected both the most and least expensive cities in the world. Find out the latest opportunities available at Economist Intelligence. Explore our cost-of-living solutions: City-to-city data Compare the cost of living in over 170 cities Updated biannually, our data service allows you to make customised city comparisons tailored to your needs. In 2022, relaxed covid-19 restrictions in some parts of the world led to big shifts across liveability scores, with one city claiming top place again as the most liveable city in the world.Our annual liveability survey reviews stability, healthcare, culture and environment, education and infrastructure factors to determine liveability rankings for cities worldwide. This week's cover Leaders A new world order Joe Biden's global vision is too timid and pessimistic The president underestimates America's strengths and misunderstands how it acquired them The. Vienna retained pole position, overcoming stiff competition from Melbourne, Sydney, and Osaka. Our Country Analysis service examines the global dynamics that impact your organisation, empowering you to plan for the future. Informing forecast and investment decisions for financial services, Assessing business risks and opportunities for multinationals, Delivering economic and political intelligence for academic institutions, Supporting trade, international development and policy decisions for governments. Plan effectively with EIUs expert analysis and data on the risk factors affecting your strategy, including current and future threats to cyber-security, political stability and climate-change management. Our work is guided by our principles of independence, world-class insights and rigorous analysis of the world around us. The results from the Democracy Index 2022: the good, the bad and the ugly news. The EIU was created in 1946 specifically to address the issues that readers of The Economist were asking. Want to work with us? The good news is that the global score improved for the first time in seven years. In 2022, lessened covid-19 restrictions and the Ukraine Crisis contributed to shifting trends in the most liveable cities and overall standards of living. Appraise each city through its individual city profile and review regional trends to assess liveability and standard of living. The world's most liveable cities for 2022: The Economist Intelligence Unit's (EIU) Global Liveability Index ranked Melbourne, Australia (pictured) in a tie for 10th place. Overall rating: 95.1/100Stability: 95Healthcare: 83.3Culture & environment: 98.6Education: 100Infrastructure: 100Vienna, Austria, ranked first as the best place to live in the world. Fill in the form below to access this free report. How the US debt-ceiling crisis could play out: four scenarios, Fed raises interest rates, but signals that end is near, US GDP growth slows sharply in the first quarter, How the debt-ceiling crisis could play out: four scenarios, EIU Global Outlooka summary of our latest global views, Global housing market decline will slow growth worldwide, US real consumption data remain firm in April, US ends Title 42 immigration restrictions. Informing forecast and investment decisions for financial services, Assessing business risks and opportunities for multinationals, Delivering economic and political intelligence for academic institutions, Supporting trade, international development and policy decisions for governments. Find out the latest opportunities available at Economist Intelligence. We expect inflation to increase to 3.4% in 2022, from an estimated 1.4% in 2021, as the impact of the introduction of VAT in April 2021 continues to feed into prices, the economy recovers from the impact of the pandemic and global commodity prices continue to rise, increasing import costs. The future and impact of decades of global analysis, explored. This expertise provides country specific short, medium and long-term forecasts covering economic growth, trade, politics, commodities and exchange rates, as well as proprietary ratings on the business environment and regulatory analysis in the key markets for doing business. Want to work with us? No easy way out from South Korea's labour crunch problem, Global housing market decline will slow growth worldwide, South Korea-US ties remain solid despite spying allegation, Global operational risk reviewmixed signals for 2023, South Korea deepens ties with Pacific Islands, Japan-Korea thaw will not overcome limits on co-operation, South Korean economy remains weak despite avoiding recession. Replacement measures are already in effect, but fears of an escalating migration crisis continue to loom large. Identify new markets and mitigate risks to existing activity through our operational risk ratings, business environment rankings and industry forecasts. Read more: Things to watch in South Korea in 2023, Read more: No easy way out from South Korea's labour crunch problem. This up to date information on standards of living across cities can inform business and investment decisions for your organisation. The financial services industry emerged strongly from the pandemic. South Korea extends diplomatic influence, while Pacific island countries will benefit from more development assistance. Headwinds persist as economic slowdown in the US and Europe bodes ill for the export sector and business investment. Our analysts can be booked for virtual and in-person events, internal training or decision-making meetings. A representative for EIU told CNBC Make It via email that Atlanta, Georgia ranked as the most liveable US city, at number 26 on the list, while Washington D.C. came in close behind at number 30. Invest with conviction, plan future strategy and mitigate risks with our independent macroeconomic and geopolitical insightsempowering a range of teams across global industries. The liveability survey quantifies the challenges that might be presented to an individuals lifestyle in 173 cities worldwide and provides a profile for each city. Economic growth Expenditure on GDP (% real change) = 2023 = 2024 Private consumption Government consumption Gross fixed investment Exports of goods & services Imports of goods & services Source: The Economist Intelligence Unit Our work is guided by our principles of independence, world-class insights and rigorous analysis of the world around us. Find out the latest opportunities available at Economist Intelligence. EIUs report, Global monetary policy in 2023, provides businesses with foresight of the critical global trends and threats that will shape interest rates, inflation and economic activity in the year ahead. Find out the latest opportunities available at Economist Intelligence. We have one of the largest and most experienced analyst teams in the world. In 2021 the Democracy Index registered its biggest annual decline since 2010 as pandemic-related restrictions continued to constrain individual freedoms and led to major regional setbacks. Sign up now:Get smarter about your money and career with our weekly newsletter, Here's how much money it takes to be considered wealthy in 12 major U.S. cities, Bye bye, San Francisco: The top 7 U.S. cities homebuyers are seeking to leave, Get Make It newsletters delivered to your inbox, Learn more about the world of CNBC Make It, 2023 CNBC LLC. Invest with conviction, plan future strategy and mitigate risks with our independent macroeconomic and geopolitical insightsempowering a range of teams across global industries. The full report includes comprehensive pricing information for more than 200 products and services. Want to work with us? Informing forecast and investment decisions for financial services, Assessing business risks and opportunities for multinationals, Delivering economic and political intelligence for academic institutions, Supporting trade, international development and policy decisions for governments. Invest with conviction, plan future strategy and mitigate risks with our independent macroeconomic and geopolitical insightsempowering a range of teams across global industries. Democracy was dealt a major blow in 2020. US economic data sent mixed signals in the first quarter of 2023. How well does your country provide for its citizens? What the cities on the worst list all seem to have in common are some serious social issues and safety concerns. This week, the Economist Intelligence Unit (EIU) released their Global Liveability Index ranking of the top 10 best and 10 worst places to live in the world in 2022. Our Country Analysis service examines the global dynamics that will affect your organisation, empowering you to plan for the future. The short-term outlook for foreign direct investment is challenging, but the longer-term forecast is brighter. We have one of the largest and most experienced analyst teams in the world. Every Friday our chief economist, Simon Baptist, provides a political and economic perspective of global events. More See all Economic growth Expenditure on GDP (% real change) = 2023 = 2024 Private consumption Government consumption Gross fixed investment Exports of goods & services Imports of goods & services Source: The Economist Intelligence Unit Read our report to compare liveability trends and quality of life by city comparisons. EIUs latest report analyses how trends in consumer spending, monetary tightening and inflation will shape the US economy in the year ahead. Property-industry sales will be worth $5.8trn in 2023a huge sum, but just 1% more than in 2022. This is why we are trusted by the worlds leading organisations to help them seize opportunities and mitigate risk. The future and impact of decades of global analysis, explored. We have one of the largest and most experienced analyst teams in the world. Inter-Korean tensions will intensify as South Korea deepens defence co-operation with the US, while North Korea seeks to further its development of nuclear weapons. This week, the Economist Intelligence Unit (EIU) released their Global Liveability Index ranking of the top 10 best and 10 worst places to live in the world in 2022. Our work is guided by our principles of independence, world-class insights and rigorous analysis of the world around us. Our integrated approach to macroeconomic analysis ensures that you can evaluate how any changes will impact your strategic plans, business operations or investment decisions. Invest with conviction, plan future strategy and mitigate risks with our independent macroeconomic and geopolitical insightsempowering a range of teams across global industries. Our work is guided by our principles of independence, world-class insights and rigorous analysis of the world around us. Legislative activity will slow in 2023-24, amid deep Congressional divisions and rising tensions ahead of the 2024 presidential election. Nvidia's chief executive, Jensen Huang, declared on May 29th that the world is at "the tipping point of a new computing era". Want to work with us? The 2022 Economist Intelligence Unit Democracy Index map Full democracies 9.01-10.00 8.01-9.00 Flawed democracies 7.01-8.00 6.01-7.00 Hybrid regimes 5.01-6.00 4.01-5.00 Authoritarian regimes 3.01-4.00 2.01-3.00 1.01-2.00 0.00-1.00 No data The global economy has proven surprisingly resilient so far in 2023. The global score fell from 5.37 to a new low of 5.28 out of ten. Our insightful solutions enable our clients to understand the world today and to be prepared for the changes of tomorrow, We monitor the world to prepare you for whats ahead, Understand a countrys political, policy and economic outlook, Monitoring sovereign, currency and banking sector risk, Identify, assess, compare and mitigate the operational risks involved in doing business, We measure the true impact that governments, businesses and society have on sustainability, Book the experts behind the award-winning economic and political forecasts, Thought-provoking analysis and information about new products and services, Practical business information on a wide range of topics, Upcoming live virtual events featuring our global team of analysts, Stay current on important topics that impact you, Latest commentary on the world news and events, Subscribe now to understand the trends that impact your business and investments, We help you understand the world and prosper within it. Western Europe was a positive outlier, being the only region whose score returned to pre-pandemic levels. Despite expectations of a rebound after the lifting of pandemic-related restrictions, the score was almost unchanged, at 5.29 (on a 0-10 scale), compared with 5.28 in 2021. Learn more Corporates EIU expects US real GDP growth to slow sharply in 2023, as a sharp rise in interest rates and still-high inflation prompt a mild technical recession.