Garbage in, Garbage out, as the old saying goes. Good data is vital for good decisions. Asset managers, central bankers, commercial banks and investors of all kinds seek guidance daily on trends in economic activity, on inflation, on employment, Governance and many other factors. Money markets of all kinds dance attendance on data releases and frequently move sharply in response. Economic, geo-demographic and political data rule the roost. But are almost universally flawed.
The speed of delivery of economic data has improved (although the revisions have not), and the amount of data to be digested has increased enormously. But survey data quality has plummeted. Worst of all, most decision makers have no idea they are dealing with data so flawed it frequently sends the wrong signals.
The old maxim 'garbage in, garbage out', is ever more relevant.
World Economics gives no advice. But simply illustrates data deficiencies, and provides improvements where possible. BP might not have lost $24 bn in Russia if it had been a subscriber...
World Economics and its parent Information Sciences have for 30 years specialised in developing economic data series that have become part of the financial world's DNA. Almost all significant banks, financial institutions, major corporations and governments have subscribed to our services.
Examples of our work include founding the Purchasing Managers Manufacturing Indexes (PMI) in 25 countries, the first Eurozone and the first Global Purchasing Managers Indexes (all now owned by S&P Global); the first Country, Region and Global Service Sector Indexes (all now owned by S&P Global), the first harmonised European and Global Media indexes, the World Advertising Research Center (both now owned by Ascential plc); and much more...
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World Economics only charges for our proprietary data and services we offer.
Data displayed on the site that originates from 3rd parties is completely free of charge to view.
World Economics has developed a range of original datasets for investors which are unavailable on any other platform.
Once you subscribe you will have access to the 'Download area' which will allow you to download all the data to a consistent Excel format.
All our Excel downloads are in a consistent format.
Each country's data is displayed as a row with indicator or time periods as columns.
All countries are in the same order so that individual downloads can be easily combined and compared.
Datasets such as GDP or GDP per Capita have time series data available from 1870-2023 and projections to 2030.