The aggregated values reflect the positive and negative trends in investment climate and GDP since Q4 2013.
Euromoney Belt and Road Index Aggregated Value
The Euromoney Belt and Road Index (EBRI) indicates the aggregate value trend of the Belt and Road Initiative (BRI) region in terms of investment climate and GDP over time. In comparing the aggregate values of the same quarters each year, we see a clear upward trend. The trend confirms a strengthening GDP and/or investment climate in the BRI region since Q4 2013.
Euromoney Belt and Road Index Aggregated Value by Regions
The year-on-year movement in this quarter demonstrates a similar trend as the movement showed in the Q2 results. In general, Asia shows a stable and upward movement in its EBRI aggregate value during the past five years. Africa, in general, shows a slightly upward movement. The Middle East and CEE regions show downward trends when compared with Q4 2013, but their EBRI values have been gradually increasing since Q4 2016.
EBRI Aggregated Value Graphs for Individual Region
The aggregate value in Africa has not shown dramatic movement since Q4 2013. The majority of movements are around +/- 3 points.
Compared with other regions, Asia has showed the most substantial and stable improvement in its aggregate value since Q4 2013, rising from 100 to 168.33 points.
The aggregate value in the CEE region has shown a notable decline since Q4 2013, from 100 to 50.67. As depicted in the Q2 result, unstable politico-economic conditions in Russia and Ukraine since 2015 is the critical factor influencing a lower aggregate value in CEE.
The aggregate value shows a downward trend from 100 to 80.89 points since Q4 2013 to Q4 2016. Since then, it has been increasing steadily to 86.33 points.