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Economic Forecast Monitor

Global economic data: The full picture

Need to follow the latest data releases and plan ahead with economic forecasts?

Our Economic Forecast Monitor service provides same day updates to headline economic indicators and long-term forecasts in one easy-to-use service. It allows you to stay on top of the latest releases between forecasts.

Do you have a complete picture of the global economy? Deep data coverage for developed and emerging markets
Download the Global Flash


Our Economic Forecast Monitor service provides detailed 30-year annual economic and financial forecasts for more than 200 countries and all major regional and political aggregates. For more than 100 countries, 3-year forecasts for key quarterly and monthly indicators are available enabling critical short-, medium-, and long-term planning. Forecasts are updated every month for these countries and quarterly for all others.

We employ a rigorous forecasting methodology to provide robust forecasts which align across all IHS Markit data products:

  • Top down: Outlook for global drivers such as commodity prices
  • Country level: Quantitative and qualitative analysis from our vast team of country economists and risk analysts
  • Bottom-up: Industry-level forecasts provided by our class-leading industry practices


Our forecasts are based on our own historical data ensuring end-to-end consistency. Economic Forecast Monitor includes our World Market Monitor historical dataset ensuring that you can follow daily data releases across the globe between our monthly and quarterly forecast updates. World Market Monitor features same-day updates and:

  • Harmonized concepts – Series selected for international consistency allowing cross-country comparison
  • Long, spliced history for modelling (adding back history removed by the source)
  • Underlying data are locally-sourced where appropriate to provide more timely standardized data than published by international institutions
  • Pre-calculated commonly-used ratios and GDP shares
  • Standardized mnemonics and attributes
  • Shared mnemonics and taxonomy across Forecast and Monitor data

What's Included

Data coverage

Annual macroeconomic forecasts are provided across all major concepts for 206 countries and include long histories and a 30-year forecast horizon. For over 100 countries, 3-year forecasts are included for key quarterly and monthly indicators. Forecasts are updated every month for these countries and quarterly for all others.

Wider coverage is provided for historical data series and includes same-day updates from local sources.

Detailed coverage across countries for both forecast and historical data, includes:

  • National accounts
  • Industrial production and retail sales
  • Personal income and wages
  • Demographics, employment and productivity
  • Financial indicators
  • Prices
  • Money supply and credit
  • Public sector finances
  • Balance of payments and external trade
  • External debt
Data Delivery Options

Connect® Data Browser

Maximize your subscription content with IHS Markit Connect – our online customer platform. Connect is a one-stop solution for data searching and discovery, charting, downloading and saving for future use.

  • Rapid Data Retrieval
    • Access data from multiple sources in a single search
    • Filter and select data by concept, geography, source and frequency
  • Presentation Tools: Build customizable, presentation-ready graphs
  • Flexible Export: Export content to multiple formats (Excel, PDF, PowerPoint)
  • Automated Content Refreshes:
    • Save frequently used searches and datasets
    • Create refreshable Excel files


Our API delivers data continuously and reliably directly into your workflow.

  • Representational State Transfer Application Programming (REST) API makes data available via URL addresses (or ‘endpoints’)
  • Provides a foundation on which to build databases, charts, websites, visualizations and CSV files, plus facilities to query and lookup specific data
  • Offers the simplest approach to application integration:
    • Access to the API is instantaneous
    • Provides an interactive web environment for developers to explore API features and review technical documentation
    • Developers can test the API calls interactively in a browser
  • 24/7 monitoring and support is provided
  • Scales horizontally for both datasets and clients, ensuring it can meet present and future demand
  • Built for consistent speed, with carefully selected technologies to ensure the best possible performance


IDDS offers tailored data feeds featuring continuous updating and seamless delivery.

  • Internet Data Delivery System (IDDS) delivers fixed data updates in CSV or XML format to the IHS Markit web servers in real time.
  • Metadata includes economic concept, geography, source and frequency
  • Updates pull in data changes only, optimizing load speed
  • Data updates can be scheduled

EViews (additional service)

Best-in-class software for conducting econometric and statistical analysis.

Additional Datasets and Analysis

World Economic Service

Economic Forecast Data lies at the heart of our economic analysis. World Economic Service includes our full Economic Forecast Data coverage and adds reporting and analysis to provide the full picture behind our forecasts:

  • Country Reports: Economic outlook, alternative scenarios, recent performance, political and economic context
  • Monthly overviews
  • Daily headline analysis
  • Special reports

Economic Analytics: Historical Economic and Financial Data

  • Vast locally-sourced historical database loaded in-house
    • Detailed, timely macroeconomic data loaded in-house from over 1,000 sources
    • 200+ countries
    • Data are updated within minutes of release
    • Daily financial indicators covering commodities, fixed income, equities, interest and exchange rates
  • World Market Monitor - Valued-added historical data
    • Standardized historical time series on all major macroeconomic and financial concepts
    • Series selected for international consistency allowing cross-country comparison
    • Long, spliced history for modelling
    • Pre-calculated commonly-used ratios and GDP shares
    • Standardized mnemonics and attributes
  • International data sources, including
    • Bank for International Settlements: Quarterly review
    • European Commission: Annual Macro Economic Database (AMECO)
    • Eurostat: More than 20 Eurostat databases
    • IMF: Balance of Payments, Direction of Trade, Government Finance, World Economic Outlook, Fiscal Monitor, Financial Soundness etc.
    • JODI: Joint Oil Data Initiative
    • Merrill Lynch Proprietary Indices
    • MSCI Indices
    • OECD: Quarterly National Accounts, Economic Outlook, Main Economic Indicators etc.
    • United Nations: Population, National Accounts etc.
    • World Bank: African Development Indicators, World Development Indicators, Global Development Finance, Joint External Debt Hub etc.

As Reported Data

  • Assess the impact of data releases and improve financial market models
  • Unrevised economic indicators as reported at release
  • Presented in daily frequency with data entered on original day of release
  • G7 countries, Eurozone, China and Russia
  • As Reported data series:
    • Real GDP
    • Industrial Production Index
    • Consumer Price Index
    • Producer Price Index
    • Employment
    • Unemployment
    • Purchasing Managers' Index
    • Daily reference series: Stock market index, exchange rate (LCU/US$), policy rate, crude oil price
  • More detailed coverage for the United States (300+ series, 20-year history)

US Economic Service

  • The most detailed, commercially-available macroeconomic outlook of the US economy
    • Short- and long-term (30-year) US economic growth
    • National and regional level
    • Alternative scenarios
    • 2,000+ forecast series at a national level
    • Regional forecasts for all 9 regions, 50 states, 380+ metropolitan areas, 3,100+ counties
    • Quarterly updates

China Regional Service

  • Detailed China economic outlook at the national, regional and city levels
    • 30-year outlook for 23 key indicators for 31 regions (quarterly forecast updates)
    • Historical data for 287 top-tier cities (annual)
    • Historical data on sector details, land prices, rent, fiscal balances (annual)

Comparative Industry Service

  • Standardized, highly-detailed industry-level data
  • 105 industries organized by ISIC, GICS and Supply Chain categories
  • 75 countries
  • 20-year forecasts and historical data from 1980 – updated quarterly
  • Measures include:
    • Total sales, value added, operating profits
    • Input and supply purchases
    • Apparent consumption
    • Fixed capital investment spending
    • Capital equipment depreciation
    • Gross output price deflator
    • Final demand composition
    • Exports and imports

Global Consumer Service

  • Detailed consumer spending, demographics, income distribution
  • 112 countries, 36 consumer spending categories
  • 20-year forecasts (annual data)
  • Historical data from 1990
  • Quarterly updates

Risk Services

  • Country Risk
    • Economic and risk data with forward-looking risk ratings
    • 211 countries
    • 6 aggregate categories (political, economic, legal, taxation, operational, security)
    • 22 sub-aggregate risk categories
  • Banking Risk
    • Comprehensive banking sector data with a focus on banking risk
    • Timely annual and quarterly frequency data from local sources
    • 80+ countries with comprehensive emerging markets coverage
    • Includes banking sector balance sheets and income statements
  • Sovereign Risk
    • Independent credit risk assessments to evaluate the potential for default on sovereign debt
    • 205 countries
    • Detailed ratings and analysis of:
      • Solvency ratios
      • Liquidity (short-term and medium-term) and other debt indicators
      • Economic policy impacts
      • Political factors

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