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Global Optimism Index 2018
July 31 , 2018
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- India was ranked 6th in the global optimism index with business optimism tepid in the second quarter (Q2) of 2018.
- The index was released as part of Grant Thornton’s International Business Report (IBR), a quarterly global business survey.
- The global optimism index for Q2 of 2018 was topped by Indonesia followed by Netherlands, Austria, Philippines, and China.
- Globally business optimism has dropped from record high net 61% in Q1 2018 to net 54% in Q2 in 2018 and businesses are optimistic about an increase in revenue.
- India was recently declared as the 6th largest economy by World Bank, surpassing France.
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