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Global Economic Model


Build your own scenarios to measure the impact of economic shocks

Free Trial

Home > What we do > Subscription Services > Countries/Macro > Models and Scenarios > Global Economic Model

About the Global Economic Model

Oxford Economics’ Global Economic Model provides a rigorous and consistent structure for forecasting and testing scenarios. A globally integrated economic model covering 80 countries, 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.

What the Service Includes

Fully integrated global economic model

Individual country models are fully linked through global assumptions about trade volume and prices, competitiveness, capital flows, interest and exchange rates, and commodity prices.

Comprehensive country coverage

The core model covers 80 countries in detail, plus the Eurozone. The rest of the world economy is covered in six trading blocs. See full coverage

Global Model Extension: Proxy models for an additional 108 countries. Find out more

Monthly updates

Each month clients receive all the latest economic data and our baseline forecast.

5, 10, or 25 year baseline projections

You can choose to receive medium or long-term forecasts.

Simple to use software

Quickly build scenarios, export data, load pre-defined scenarios, and present data as charts, heat maps & dashboards. Find out more: Global Model Workstation software

Webinars and presentations

Regular global and regional outlook webinars, as well as event-driven updates, and access to our archive of presentations.

Service Coverage

The only model that fully integrates 80 global economies plus the Eurozone.

View full service coverage

Global Model Extension

Proxy models for 108 additional countries.

Learn more

CUSTOM FORECASTS

Our models, forecasts, and datasets can be customised to fit the unique needs of your organisation.

Learn more

Testimonal

" To our knowledge the most robust, comprehensive, and timely world macroeconomic model is the Oxford Economic Model (OEM). We tested multiple world models in 2011, Oxford towered above the competition. Models today now approximate the capability of the 2011 version, but each year Oxford makes significant improvements. Today's OEM stands several generations ahead of the 2011 version. It solves faster, has dramatically more nations, concepts, simulation tools, and presentation aids. Oxford typically releases 24 versions, so the user always has the most up to date historical data pre-loaded into the current forecast. The scenario files are critical. We choose the version that most closely reflects our view saving our time changing assumptions. Bottom line, the OEM is a mission critical tool. In addition, customer support and training is extensive, and the billing process is dramatically less painful compared to our other vendors."

Related services

Global Industry Model
Covering 100 sectors across 74 countries and the Eurozone.
Global Scenario Service
Quarterly updated macro scenarios for the global economy.
Global Economic Databank
A comprehensive forecast database on over 200 countries.

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