Reports

As fiscal support is phased out, global corporate insolvencies are forecast to increase by 33% in 2022

Recent surge in coronavirus cases and slow vaccination rollout affect Indonesia's GDP

As vaccination campaigns are underway, the world economy is recovering from the pandemic. Advanced markets generally have higher vaccination rates than emerging markets

The African Continental Free Trade Area has raised opportunities for both African and non-African companies. The agreement could contribute to growth after the negative impact of the Covid-19 pandemic

The Economic Update, presenting the current economic environment across the globe and the outlook by Atradius Economic Research.

An economic rebound of more than 4% expected in 2021, but vulnerability to to global financial market turmoil remains an issue

An economic contraction of more than 4% as domestic demand has suffered

Despite a forecast growth slowdown in 2019 the economy should still experience positive momentum, with low unemployment and manageable inflation.

Despite decreases the level of payment delays and insolvencies will remain high in 2017 as a full-scale rebound is not expected for the time being.

The recovery of the construction sector has finally gained some momentum, but competition remains fierce, and prices and profitability are still low.

Despite continued growth during the last ten years and a benign outlook the level of building activity seen in the 1990s has not been reached again.

The recovery of the Dutch construction sector continued in 2016, but there is still overcapacity in the market, and a consolidation has yet to take place.

Uncertainty in the British construction market is expected to increase in the coming years, especially as a ‘hard Brexit’ seems to be most probable.

Italian building cooperatives and smaller companies focused on domestic residential construction remain highly exposed to the risk of business failure.

Future US construction growth could get an additional boost if, as announced, the new US administration invests heavily in infrastructure improvements.

A modest recovery is forecast in the non-residential segment due to stronger private demand and activity picking up in the infrastructure building sector.

Due to the deterioration in demand competition has increased, as builders operate on lower margins in order to obtain the remaining available business.

Private building projects are expected to decrease due to less benign economic conditions and an increased supply completed housing projects and offices.

Construction payment delays and insolvencies have decreased, mainly because financially weak players already left the market during the past downturn.

Value added construction growth is expected to grow by more than 2.5% in 2017, but due to fierce competition many smaller players have low margins.