Economic Data: Best Economic Datasets & Databases
What is Economic Data?
Economic data is a sub-category of financial markets data. Economic data refers to data concerning information on the various sectors and aspects of an economy. It is data that is primarily based on the foundations of record keeping and statistics, and contains facts and figures on the economy of any given location or country. Economic data is collected and compiled on a periodic basis - either monthly, quarterly, or yearly. This is usually done by governmental institutions.
Examples of economic data include GDP growth rate, unemployment rate, inflation rate, consumer price index, and stock market indices. Economic data is used by policymakers, researchers, investors, and businesses to analyze and understand the state of the economy, make informed decisions, and forecast future trends. In this page, youâll find the best data sources for economic data sets, including economic data providers and free economic data, through an economic data API.
Best Economic Data Databases & Datasets
Here is Datarade's curated selection of top Economic Data. These trusted databases and datasets offer high-quality, up-to-date information.
EDI Global Economic Indicator Service (32k macro-economic indicators)
InfoTrie Quantitative Data - 100+ economic indicators, historical coverage globally
Economic Calendar API - 350+ Indicators
Opoint Economic Data | Global News Data | 235K+ Sources / 3M+ Articles Daily / 185 Languages / 220 Jurisdictions | Sentiment Analysis
PREDIK Data-Driven I Satellite Data I Index I Monitor US Companies I Outdoor large surfaces to analyze business & economic activity
African Economic & Financial Database (AFED)
Data Terminal - The Data portal for Business, Market & Economic Data of Bangladesh
RIWI Economic Data China - jobs, income, consumer confidence real-time stream
Top Economic Data Providers & Companies
When choosing economic data providers, consider factors such as data accuracy, reliability, frequency of updates, historical data availability, coverage of relevant indicators, data format compatibility, API access, data visualization tools, customer support, and pricing transparency.
Popular Use Cases
Economic Data plays a pivotal role in various business applications, offering valuable insights and opportunities across industries.
Frequently Asked Questions
Where can I buy Economic Data?
Data providers and vendors listed on Datarade sell Economic Data products and samples. Popular Economic Data products and datasets available on our platform are EDI Global Economic Indicator Service (32k macro-economic indicators) by Exchange Data International, InfoTrie Quantitative Data - 100+ economic indicators, historical coverage globally by InfoTrie, and Economic Calendar API - 350+ Indicators by Financial Modeling Prep.
How can I get Economic Data?
You can get Economic Data via a range of delivery methods - the right one for you depends on your use case. For example, historical Economic Data is usually available to download in bulk and delivered using an S3 bucket. On the other hand, if your use case is time-critical, you can buy real-time Economic Data APIs, feeds and streams to download the most up-to-date intelligence.
What are similar data types to Economic Data?
Economic Data is similar to Stock Market Data, Alternative Data, ESG Data, Credit Rating Data, and Commodity Data. These data categories are commonly used for Risk Assessment and Investment Banking.
What are the most common use cases for Economic Data?
The top use cases for Economic Data are Risk Assessment, Investment Banking, and Procurement Intelligence.