Euromoney Belt and Road Index: Q1 2018 Graphs and trends Q/Q

Euromoney Belt and Road Index Aggregated Value

The Euromoney Belt and Road Index (EBRI) shows the movement of investment climates (IC) and GDP among 69 Belt and Road Initiative (BRI) countries. The EBRI aggregated value demonstrates a generic politico-economic condition among the BRI region. The value is published quarterly and aims to provide readers a credible reference of politico-economic changes among BRI countries since the initiative's inception in 2013.

In comparing aggregated values over the past four quarters, we note different degrees of positive movement. The movement between Q1 and Q4 2017, shows a slight but continuous upward trend. Equally between Q4 2017 and Q1 2018, the aggregated value moves positively, from 102.41 to 110.04 points. This trend suggests a strengthening IC and/or GDP in the BRI region since Q4 2013.

EBRI Aggregated Value by Regions

Although the EBRI aggregated value exhibits a positive trend overall, individual regions demonstrate different levels of growth and decline over the past four quarters. Asia shows the biggest improvement in its aggregated value. Similarly Africa demonstrates a slight but continuous upward trend. In contract the Middle East and CEE show downward trends in their aggregated values. 

EBRI Aggregated Value Graphs for Individual Region

Africa           Asia       Central and Eastern Europe (CEE)       Middle East

Africa

There are five African countries in the BRI region. Africa shows a slight but stable improvement in its aggregated value, from 101.71 to 102.96 points, over the past four quarters. 

Asia

There are twenty-six Asian countries in the BRI region. Compared to other regions, Asia has demonstrated the most significant progression in its aggregated value over the past four quarters, from 153.7 to 168.53 points.

Central and Eastern Europe (CEE)

There are twenty-four Central and Eastern European (CEE) countries in the BRI region.  Aggregated value in the CEE region initially showed significant decline since the initiative's inception in Q4 2013. However, since Q1 2017 the aggregated value has showed positive movements - climbing approximately 3 points overall. 

Middle East

There are thirteen Middle Eastern countries in the BRI region. The aggregated value has dropped by 15% since the BRI's inception in Q4 2013. However, when looking at the movement since Q3 2017, the Middle East’s aggregated value shows a modest but steady incline, from 85.33 to 86.04 points.