Oxford Economics’ Global Economic Model provides a rigorous and consistent structure for forecasting and testing scenarios. A globally integrated economic model, it can be used to address questions on a wide range of economic topics such as the impact of oil price changes, or the effects of slower Chinese growth. The model forms the foundation of all of our country, industry, and city forecasts.
Advanced software allows you to build your own scenarios quickly, export data sets, and view outputs in dashboards, heat maps, or charts. The model can be customised to reflect your organisation’s own strategic challenges.
- Fully integrated global economic model. Individual country models are fully linked through global assumptions about trade, exchange rates, competitiveness, capital markets, interest rates, commodity prices and internationally traded goods and services.
- Extensive country coverage. The model has been expanded to cover 80 national economies in detail plus the Eurozone; the rest of the world economy is covered in six trading blocs so that global GDP and trade are fully modeled.
New country models (scroll down for full listing of all 80 countries):
- Africa: Algeria, Angola, Egypt, Ghana, Kenya, Mauritius, Morocco, Namibia, Nigeria, Tunisia, Uganda, Zambia.
- Middle East: Bahrain, Iran, Iraq, Israel, Kuwait, Oman, Qatar.
- Asia: New Zealand, Pakistan, Vietnam.
- Americas: Colombia, Ecuador, Peru, Uruguay, Venezuela.
- Europe: Cyprus, Estonia, Latvia, Lithuania, Luxembourg, Malta, Slovenia.
- Monthly updates. Each month clients receive all the latest economic data and our baseline forecast.
- 5-, 10- or 25-year baseline projections. Users can choose to receive medium- or long-term forecasts.
- User-friendly software. You can change key economic variables to produce new forecasts or economic scenarios, add new variables and equations to the model or download data to spreadsheets and presentations.
- Comprehensive training and support. We provide in-house training for new subscribers and offer regular seminars for model users.
- Monthly Global Economic Reviews. You’ll also receive insightful reports highlighting the key issues and risks facing the global economy, including our well-respected global forecasts and scenarios.
Comprehensive geographic coverage
The only model that fully integrates 80 global economies plus the Eurozone.
Our models for the G8 economies typically have more than 600 variables, while others have from 100 to 500 variables.
We include detailed coverage of GDP and its determinants: household income and spending; company finances and business investment; trade and the balance of payments; wages, productivity and competitiveness; consumer and producer prices; monetary policy; equity prices and bond markets; the labour market and demographics; and government finances.
- Global Industry Model. The industry model can be run in parallel with the economic model, allowing modelling and scenarios for 68 countries and 100 sectors.
- Cities and regions. Assumptions generated by the model are fed into our forecasts for almost 3,000 cities and regional locations around the world. We offer several flexible delivery options:
Service and support
- Economist access and training. Our team of economists are on hand to provide guidance and answers to your most pressing questions. We hold regular training workshops to help clients get the most out of the model.
- Technical support. The data platform includes extensive help materials, with further access to our data and IT support teams.Account manager. Each client is assigned a relationship manager to provide support for end users.
- Account manager. Each client is assigned a relationship manager to provide support for end users.