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CGMA Global economic forecast, 3Q 2012 

CGMA global economic forecast 

This quarterly report captures the views of CGMA Management Accounting professional decision makers from around the world on global economic conditions and current topical issues.

As it is based on the views of senior business executives from around the world, it provides a bellwether of the health of the corporate sector and of the wider global economy. It also highlights the broad business perspective of management accounting executives and the value that they bring to their organisations in terms of the key performance indicators that matter to businesses, shareholders and other stakeholders.

Key findings Q3, 2012

Global executives have become slightly less concerned about the future impact of the global economy on their businesses, as domestic concerns such as regulation and access to finance emerged.

The overall reading of the CGMA Global Economic Index was unchanged between the second and third quarters after the sharp 7-point decline in the second quarter. While four index components fell, four rose and two were unchanged.

There was a 4-point decline in national economic optimism, led by a steep decline in optimism in the US. This was echoed by comments from executives about uncertainty in the US, fuelled largely by the upcoming elections, continued economic challenges in Europe and slower growth in China. Optimism about respondents’ own organisations stabilized in the third quarter, continuing to be stronger than the outlook for the global and local national economies as a whole.

Download the executive summary

Regional results presentations

3Q, 2012 Combined results
3Q, 2012 Asia
3Q, 2012 Europe
3Q, 2012 UK
3Q, 2012 US
3Q, 2012 Rest of world - emerging
3Q, Rest of world developed


Global economic forecast archive


Leonel Ac-Lumor

I do agree with Emmanuel regarding Africa given the fact that the continent''s contribution towards the world economy output has been on the increase for the past couple of years. African countries such as South Africa, Nigeria and Ghana have experienced fantastic GDP growth in spite of the current world economic woes.

Aug 22, 2012 3:33 PM
Emmanuel Ansu Appiah

Why is Africa exempted?

May 7, 2012 2:38 PM
Mohamed Sheriff

I agree as well, if there was a separate Report to cover the Middle East it would have been more relevant and important as this seems to be more of a Macro Survey/Report.

May 2, 2012 5:36 AM
Ahamed Hibathur Rahuman Mohamed Rifkhan

The research would have been much better if Middle east economic forecast included.

Mar 30, 2012 5:42 AM
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