Commodities

Zambia faces significant challenges, including widespread corruption and low degree of economic freedom. Country’s economy, heavily reliant on copper exports, is vulnerable to global market fluctuations. Despite projected economic growth, the nation…

Zimbabwe faces significant challenges, marked by political repression and decreasing democratic freedoms. The economy, while showing solid growth in 2023, is expected to decelerate in 2024 due to slower global mineral demand and agricultural…

Support from France is crucial to the development of French Guiana, but while the relationship is generally cooperative, instances where tensions arise happen. The country has a strong space industry. Population growth will be strong, but it is…

Samoa is a politically stable country with a budget surplus. However, the large influence of the state and significant exposure to tourism could weigh on economic performance in the medium term. Although the country is young and growing, its…

High public debt and an inefficient judiciary characterise Sao Tomé e Príncipe (STP). Although the economy was negatively impacted by the Coronavirus (COVID-19) pandemic, adversely affecting tourism and commodity exports, recovery is nearing its…

Senegal's political landscape is marked by free elections and strong secularism, yet faces challenges with worsening peace and corruption perceptions. The economic growth is set to accelerate in 2024, bolstered by hydrocarbon production. The young…

Seychelles stands out in Africa with its stable political landscape and low corruption, but grapples with fiscal challenges. The economy is poised for recovery, driven by a resurgent tourism sector, though its heavy reliance on this industry presents…

In Sierra Leone, governance is being influenced by informal networks and traditional authorities. Global terrorism ranking is improving, but state finances are deteriorating. The country faces challenges from inflation and low economic…

Although government finances are solid and monetary freedom rank high, the Solomon Islands suffers from pervasive corruption and low investment freedom. Economic performance is expected to be below peers over the near term. The population is young…

Conflict has shattered peace and caused significant political instability in South Sudan, where corruption is rife. Although the economy is expected to recover in the short term, its trajectory will be modest, whilst large dependence on oil continues…

St. Kitts and Nevis, a dual-island nation in the Caribbean, showcases political stability within a parliamentary democracy. Its economy hinges on tourism, agriculture, and a citizenship-by-investment program driving foreign investment. The country…

St Lucia’s stable and democratic island is challenged by endemic corruption and worsening labour freedoms. Economic growth recovered to pre-pandemic pace, but attempts at diversification need ramping up. Consumer expenditure is rising, but poverty…

St Vincent and the Grenadines enjoy political stability and low levels of corruption, but crime is rising. A small population that is hardly growing diminishes the appeal of the consumer market, whilst the populace is also ageing. Internet use is…

Trinidad and Tobago is wealthy and stable; however, it is held back by a weak judiciary and high levels of corruption. Real GDP growth slowly recovered to pre pandemic pace, but oil and gas reserves will soon expire, hampering future growth. The…

In 2023, a war erupted in Sudan, exerting a severe impact on the nation's social and economic advancements. The economy is expected to undergo a substantial contraction, alongside the rise of a significant humanitarian crisis marked by casualties,…

Improving state finances and effective control of corruption are adding to Latvia’s economic freedom, but relations with neighbours continue to be tense. Economic momentum is moderating, owing to high inflation that is hitting consumption, but the…

Amid advancing civil rights and fiscal improvements, political and economic landscapes in the nation evolve. Agriculture and tourism are set to boost economic growth, yet the country grapples with inflation and import reliance. Socially, robust…

Although political instability and corruption continue to be themes in Peru, economic freedom is the third best in South America. Inflation is falling, but the economy is slowing and copper exports could be hindered further, whilst uncertainty in the…

Increasing authoritarianism and corruption are resulting in mass protests, although fiscal discipline is leading to better state finances. Economic momentum is slowing, owing to high inflation and reduced external demand, but foreign investment…

Although Slovenia has been beset by political instability and corruption remains an issue, its economic freedom is one of the best in Eastern Europe. However, the economy is slowing, as inflation is elevated, whilst its highly open nature exposes its…