Here's what citizens of 11 advanced nations really think of their economies

The economies of advanced nations aren’t doing so well.

That’s what respondents from around the world said when asked by the Pew Research Center if they thought the condition of their national economies was good or bad.

A median of 56% of the respondents from advanced nations described their economy as bad, versus 40% who described it as a good.

Some advanced countries have become more satisfied with their current economy but are less hopeful that it will improve in the next year — like the UK — while countries such as Israel have become more pessimistic about the economy but more hopeful about its future.

Business Insider has put together this feature to help make sense of the numbers. Be sure to check out the CIA World Factbook — from which some economic background was pulled — here and the full Pew Center study here.

Advanced economies.

Pew Research Center

The Pew Research Center surveyed 11 advanced economies, with Germans the most bullish on their local economy and Italians the most downbeat.

Spain (+10) has seen the most significant upward shift in positive sentiment about the economy since 2014, while South Korea (-17) saw the most significant downward shift.

In 2014, neither Australia nor Canada was polled. Instead, the Pew Center polled Greece.

Among the advanced economies, Israelis were the most optimistic about the next 12 months. The French were the least.

Israelis were the most optimistic for the future, with close to half saying they expected the economy to improve.

France is the most pessimistic for the future, with 42% of respondents saying they expected their economy to worsen.

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