Key points from the chart
- Across the 33 countries surveyed, 51% expected the global economy to be stronger in 2025 than in 2024 and 49% expected it to be weaker.
- Indonesia was the most optimistic country (82% stronger), followed by China (78%), Malaysia (75%) and India (73%).
- France was the most pessimistic (75% weaker), followed by Belgium (73%) and Japan (72%).
- Only two European countries, Romania and Ireland, had a majority expecting a stronger global economy, both at 51%.
- In the US, 54% expected a stronger global economy; in Great Britain the figure was 41%.
Global economy 2025 survey results in text
Title: Confidence in the Global Economy, part of the Visual Capitalist 2025 Global Forecast Series, presented by Inigo. Question: Will the global economy be stronger or weaker in 2025 than it was in 2024? Each country is a single bar split into Weaker (red, left) and Stronger (teal, right), grouped by region and sorted within each region from most to least optimistic. Every row adds up to 100%.
| Region | Country | Stronger | Weaker |
|---|---|---|---|
| Global average | Global avg. | 51% | 49% |
| North America | Mexico | 60% | 40% |
| North America | U.S. | 54% | 46% |
| North America | Canada | 46% | 54% |
| South America | Argentina | 61% | 39% |
| South America | Brazil | 60% | 40% |
| South America | Peru | 60% | 40% |
| South America | Chile | 53% | 47% |
| South America | Colombia | 51% | 49% |
| Europe | Romania | 51% | 49% |
| Europe | Ireland | 51% | 49% |
| Europe | Sweden | 48% | 52% |
| Europe | Poland | 47% | 53% |
| Europe | Spain | 46% | 54% |
| Europe | Switzerland | 41% | 59% |
| Europe | Great Britain | 41% | 59% |
| Europe | Germany | 36% | 64% |
| Europe | Netherlands | 35% | 65% |
| Europe | Hungary | 35% | 65% |
| Europe | Italy | 34% | 66% |
| Europe | Belgium | 27% | 73% |
| Europe | France | 25% | 75% |
| Asia | Indonesia | 82% | 18% |
| Asia | China | 78% | 22% |
| Asia | Malaysia | 75% | 25% |
| Asia | India | 73% | 27% |
| Asia | Philippines | 70% | 30% |
| Asia | Thailand | 67% | 33% |
| Asia | Singapore | 60% | 40% |
| Asia | Türkiye | 40% | 60% |
| Asia | S. Korea | 30% | 70% |
| Asia | Japan | 28% | 72% |
| Africa | S. Africa | 63% | 37% |
| Oceania | Australia | 47% | 53% |
Source line on the graphic: IPSOS. Survey conducted from Oct. 25 to Nov. 8, 2024. Survey of 23,721 adults aged 18 years or older in India, 18 to 74 in Canada, Ireland, Malaysia, Philippines, S. Africa, Türkiye and U.S., 20 to 74 in Thailand, 21 to 74 in Indonesia and Singapore, and 16 to 74 in all other countries.
About the Ipsos survey behind the chart
The figures come from Ipsos Predictions 2025, an annual survey in which Ipsos asks people in 33 countries what they expect from the year ahead [2]. Ipsos says 51% of respondents anticipated a stronger global economy in 2025. That is up from a decade-long low of 46% in 2022, but below the end of the last decade, when optimism fluctuated around the mid-50% mark and peaked at 61% in 2021 [2].
Ipsos also describes the spread between countries, with confidence in a stronger global economy ranging from 82% in Indonesia to 25% in France, and notes that a number of European countries were less positive than the year before [2]. Voronoi adds that the global average rose by one point from the 2024 survey, which had a 50/50 split, and that the share of Americans expecting a stronger global economy rose by nine percentage points to 54% [1].
The survey measures sentiment, not economic output. It records what adults in each country expected about the world economy as a whole, not their own national economy, and it was carried out over two weeks in late October and early November 2024.
Patterns by region
Asia shows the widest range on the chart. Six Asian countries have 67% or more expecting a stronger global economy, while Japan (28% stronger) and South Korea (30%) are among the most pessimistic in the whole survey. Voronoi singles out these two as the Asian countries with a notably pessimistic outlook [1]. Türkiye, grouped with Asia on the chart, also leans pessimistic at 60% weaker.
Europe leans pessimistic. Eleven of the thirteen European countries have a majority expecting a weaker global economy, from Sweden (52% weaker) to France (75%). Romania and Ireland are the exceptions at 51% stronger.
The Americas lean optimistic. Argentina (61% stronger), Brazil, Peru and Mexico (all 60%) lead, while Canada is the only country in the region where a majority expected a weaker global economy (54%).
Africa and Oceania have one country each. South Africa leans optimistic at 63% stronger and Australia leans slightly pessimistic at 53% weaker.
Notes on this infographic
- The chart shows only Stronger and Weaker. Each row sums to exactly 100%, so any other answers, such as no change or don’t know, are not shown separately.
- Age ranges differ by country, as the source line explains, so the samples are not identical in every market.
- The survey was taken in late 2024 about expectations for 2025. It is a record of opinion at that time, not a forecast of what the economy did.
Questions about global economic confidence in 2025
Which country is most optimistic about the global economy in 2025?
Indonesia was the most optimistic country, with 82% expecting the global economy to be stronger in 2025 than in 2024 [2]. It was followed by China (78%), Malaysia (75%) and India (73%). Across the 33 countries in the Ipsos survey, 51% expected a stronger global economy and 49% expected it to be weaker.
Which countries are most pessimistic about the global economy in 2025?
France was the most pessimistic country, with 75% expecting a weaker global economy in 2025, followed by Belgium (73%) and Japan (72%). Europe leaned pessimistic overall, with eleven of the thirteen European countries having a majority expecting a weaker global economy. Romania and Ireland were the only European exceptions, both at 51% stronger.
Do Americans think the global economy will be stronger in 2025?
A majority did: 54% of people in the US expected a stronger global economy in 2025 and 46% expected it to be weaker. Voronoi notes that this share rose by nine percentage points from the 2024 survey [1]. In Canada, 54% expected a weaker global economy, the only country in the Americas with a pessimistic majority.
Is confidence in the global economy rising?
Slightly. Ipsos found 51% expected a stronger global economy in 2025, up from a decade-long low of 46% in 2022, but below the end of the last decade, when optimism fluctuated around the mid-50% mark and peaked at 61% in 2021 [2]. Voronoi says the global average rose by one point from the 2024 survey, which had a 50/50 split [1]. The survey of 23,721 adults ran from 25 October to 8 November 2024.
Sources
- Voronoi by Visual Capitalist, Country Confidence in the Global Economy for 2025 (17 December 2024), the original post for this chart.
- Ipsos, Ipsos Predictions 2025, the survey the chart is based on.
Last reviewed 29 October 2026
