An Examination of CIVETS Countries within the Framework of Macroeconomic Performance Index

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An Examination of CIVETS Countries within the Framework of Macroeconomic Performance Index

An Examination of CIVETS Countries within the Framework of Macroeconomic Performance Index

Authors : Seher Suluk, Ahmet Mesut Büyüksarıkulak

Pages : 1-9

View : 74 | Download : 159

Publication Date : 2025-12-30

Article Type : Research Paper

Abstract :Macroeconomic performance is an extremely important tool, almost a compass in evaluating the general situation of a country and determining the policies to be implemented. In this context, this study aims to evaluate the macroeconomic performance of the CIVETS countries (Colombia, Indonesia, Vietnam, Egypt, Turkey and South Africa), taking into account the period 2013-2023. For this purpose, the macroeconomic performance index of the CIVETS countries was calculated using variables such as the economic growth rate, inflation rate, unemployment rate, current account balance and budget balance, thus revealing the macroeconomic performance of these countries. According to the results obtained, the country with the highest macroeconomic performance in 2023 was Vietnam. On the other hand, South Africa was found to be the lowest-performing country. The other countries were ranked as follows: Indonesia in second place, Turkey in third, Colombia in fourth and Egypt in fifth.
Keywords : Ekonomik Büyüme, Enflasyon ve İşsizlik Oranları, İç ve Dış Denge, Makroekonomik Performans, CIVETS Ülkeleri

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