Database of Global Economic Indicators
NOTE: June 2024—After an extensive review process, the DGEI has been resampled to more accurately reflect the evolving global economy and the availability of data. This resampling meant replacing Portugal, Costa Rica, Venezuela and Greece with Saudi Arabia, Egypt, Romania and Vietnam. Hence, this month’s aggregates will be different than prior releases. Additionally, the aggregates are now available in four different aggregation schemes: U.S. trade weights, world trade weights, PPP-adjusted GDP weights and nominal GDP weights. Prior releases of the DGEI have only been reported for U.S. trade weights. An updated version of the DGEI working paper will be released soon detailing the changes to the database.
Real Economic Activity Indicators
- Real GDP
The value of all final goods and services produced, adjusted by inflation. - Industrial Production (IP)
The output production in the industrial sector.
Price Indicators
- Headline Consumer Price Index (CPI) Inflation
Changes in the price level of a basket of goods and services purchased by households. - Core CPI Inflation (Excluding Food and Energy)
Changes in the price level of a basket of goods and services purchased by households, excluding food and energy. - Producer Price Index (PPI)/Wholesale Price Index (WPI) Inflation
Changes in the level of prices received by domestic producers for their goods and services.
Trade Indicators
- Merchandise Exports to World
The U.S. dollar value of goods sold to the rest of the world, deflated by the U.S. CPI. - Merchandise Imports from World
The U.S. dollar value of goods bought from the rest of the world, deflated by the U.S. CPI.
Financial Indicators
- Nominal Exchange Rates
The rate at which the U.S. dollar is exchanged for a unit of currency of a bundle of foreign countries. - Real (CPI-based) Exchange Rates
The price of the household basket of goods and services of a group of countries relative to that of the U.S., expressed in the same currency. - Real (PPI-based) Exchange Rates
The price received from the output produced in a group of countries relative to that of the U.S., expressed in the same currency. - Short-Term Official/Policy Rates
Short-term interest rates of generally three months maturity or less, percent per annum. - Long-Term Interest Rates
Long-term interest rates of generally 5–10 year maturities, percent per annum.
About the Database of Global Economic Indicators
The Database of Global Economic Indicators (DGEI) from the Federal Reserve Bank of Dallas standardizes and disseminates world economic indicators for policy analysis and scholarly work on the role of globalization. Using a wide selection of economic indicators, the DGEI offers a broad perspective on how economic developments around the world influence the U.S. economy. DGEI includes a core sample of 40 countries with available indicators and broad coverage. Country groupings include rest of the world (ex. the U.S.) aggregates and subgroups of countries by development attainment and trade openness of which we regularly include only advanced (ex. the U.S.) and emerging in this website. The economic indicators tracked include:
- real GDP
- industrial production (IP)
- merchandise exports and imports
- headline CPI, CPI (ex. food and energy)
- PPI/WPI inflation
- nominal and real exchange rates
- official/policy interest rates and
- long-term interest rates.
All series are monthly, with the exception of real GDP which is reported at a quarterly frequency. Aggregation is based on U.S. trade weights, world trade weights, PPP-adjusted GDP weights and nominal GDP weights.
A detailed description of the sources and methodology can be found below. We would appreciate that anyone wishing to use this data, modified or otherwise, acknowledge its source with a citation of the methodological paper: for example, including a statement such as: “The authors acknowledge use of the dataset described in Grossman, Mack and Martínez-García (2014).”
Methodology
"A New Database of Global Economic Indicators," Valerie Grossman, Adrienne Mack and Enrique Martínez-García, Journal of Economic and Social Measurement, Vol. 39(3), pp. 163-197, 2014. A working paper version of this article appeared as "Database of Global Economic Indicators (DGEI): A Methodological Note," Globalization and Monetary Policy Institute Working Paper no. 166, December 2013.
Contact Information
For questions, comments or suggestions about the data or the webpage, please contact the authors at:
Braden Strackman: braden.strackman@dal.frb.org
Enrique Martínez-García: enrique.martinez-garcia@dal.frb.org
Valerie Grossman: valerie.grossman@dal.frb.org