Russia and Japan ranked last in terms of business optimism

Russian business is at the bottom of the country rating in terms of optimism, a study by Grant Thornton showed. RUSSIA — one of the worst among the leading economies and in terms of revenue, EXPORT and employment growth expectations

The level of optimism of Russian business about the prospects for the national economy has increased compared to the bottom point of the pandemic crisis last year, but it still remains one of the worst among the top three dozen countries, according to a study by the International Business Report of the international audit and consulting network Grant Thornton (conducted twice a year). , RBC has the results).

In Russia, 28% of business leaders surveyed in May-June 2021 are optimistic about the prospects for the domestic economy in the coming year, compared to 17% a year ago and 21% six months ago. Only in Japan the level of business optimism is even lower - 17% (this country has been the anti-leader of the rating for many years). Argentina ranks third from the bottom, where 30% of company executives are optimistic about the prospects for the local economy.

Before the pandemic in 2019, the share of Russian entrepreneurs who positively assess the near future of the country's economy was about 35%, data from Grant Thornton shows.