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, you’ll find the best data sources for economic data sets, including economic data providers and free economic data, through an economic data API.
Best Economic Databases & Datasets
Here is our curated selection of top Economic Data sources. We focus on key factors such as data reliability, accuracy, and flexibility to meet diverse use-case requirements. These datasets are provided by trusted providers known for delivering high-quality, up-to-date information.
InfoTrie Quantitative Data - 100+ economic indicators, historical coverage globally
EDI Global Economic Indicator Service | 34k macro-economic indicators | 135 countries | updated 24/5 | 5+ years historic data | unique newsfeed
Daily Footfall Data | Local Economic Forecasting Data for Real-estate, Investors, Retail & Government | UK-wide | 2.7K+ Retail Centres | 600 Customers
Global News Data | Economic Data | 235K+ Sources / 3M+ Articles Daily | Limited Archive
Economic Data API | Investment + Growth Opportunities | Comprehensive Coverage | NLP Extraction & Search | Real Time Updates
PREDIK Data-Driven I Satellite Data I Index I Monitor US Companies I Outdoor large surfaces to analyze business & economic activity
Economic Calendar API - 350+ Indicators
Global Financial Data | Customizable Economic Data | Derivatives Data |Â Bespoke & Custom Engineering
Economic Statistics Data- Barchart
African Economic & Financial Database (AFED)
Monetize data on Datarade Marketplace
Popular Use Cases for Economic Data
Economic Data is essential for a wide range of business applications, offering valuable insights and driving opportunities across industries. Below, we have highlighted the most significant use cases for Economic Data.
Frequently Asked Questions
Where Can I Buy Economic Data?
You can explore our data marketplace to find a variety of Economic Data tailored to different use cases. Our verified providers offer a range of solutions, and you can contact them directly to discuss your specific needs.
How is the Quality of Economic Data Maintained?
The quality of Economic Data is ensured through rigorous validation processes, such as cross-referencing with reliable sources, monitoring accuracy rates, and filtering out inconsistencies. High-quality datasets often report match rates, regular updates, and adherence to industry standards.
How Frequently is Economic Data Updated?
The update frequency for Economic Data varies by provider and dataset. Some datasets are refreshed daily or weekly, while others update less frequently. When evaluating options, ensure you select a dataset with a frequency that suits your specific use case.
Is Economic Data Secure?
The security of Economic Data is prioritized through compliance with industry standards, including encryption, anonymization, and secure delivery methods like SFTP and APIs. At Datarade, we enforce strict policies, requiring all our providers to adhere to regulations such as GDPR, CCPA, and other relevant data protection standards.
How is Economic Data Delivered?
Economic Data can be delivered in formats such as CSV, JSON, XML, or via APIs, enabling seamless integration into your systems. Delivery frequencies range from real-time updates to scheduled intervals (daily, weekly, monthly, or on-demand). Choose datasets that align with your preferred delivery method and system compatibility for Economic Data.
How Much Does Economic Data Cost?
The cost of Economic Data depends on factors like the datasets size, scope, update frequency, and customization level. Pricing models may include one-off purchases, monthly or yearly subscriptions, or usage-based fees. Many providers offer free samples, allowing you to evaluate the suitability of Economic Data for your needs.
What Are Similar Data Types to Economic Data?
Economic Data is similar to other data types, such as Stock Market Data, Alternative Data, ESG Data, Credit Rating Data, and Commodity Data. These related categories are often used together for applications like Risk Assessment and Investment Banking.
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