Prevedere: Global Economic Forecast Data
Economic datasets including historical values and forward-looking projections of industry and macroeconomic data series
To utilize economic indicators into a business’s future planning often requires forecasts of those economic indicators. This data is a collection of over 90,000 economic datasets that include both historical values and forward looking projected data points of the indicator ranging from 12 to 60 months in the future. These forecasts come from over 25 sources around the world, including global institutions like the International Monetary Fund, local government and non-government organizations, as well as Prevedere’s own economist projections. If you are looking to incorporate external economic variables into your forecasting models, you can utilize this database.
Example Use Case:
- You are responsible for forecasting business sales for the next 24 months. You know GDP (Gross Domestic Product) is a highly influential factor to future demand of your product. You need a source that will provide historical GDP data points alongside a reasonable estimate of where GDP is going over the next 24 months in order to incorporate GDP into your forecast.
- You are narrowing a list of countries to expand into a long range plan and want to understand which country has more business potential. You can easily find projections on population, GDP per capita, inflation, imports, exports and other key economic factors projected out for the next five years by a reputable third-party source. You can use this information to assess the strength of one country over others.
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