Methodology & Data Sources | Econotics

Methodology & Data Sources

Last updated: 15 August 2025

At Econotics, our mission is to provide reliable, transparent, and up-to-date economic intelligence for analysts, creators, and curious readers. This page explains how we collect, process, and present data, and lists the official sources we rely on.

For questions or corrections, please contact us. We welcome feedback and data quality reports.
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Data Sources

We rely primarily on official, internationally recognized statistical systems and market feeds.

Macroeconomic & Development
Trade & Industry
Financial Markets
Sector & Specialty
  • IEA
    Energy balances, oil & gas
  • FAO
    Agriculture & food prices

Data Collection Process

  1. Automated Fetching: We fetch data via official APIs, bulk downloads, and scheduled jobs.
  2. Validation: We check for missing values, outliers, and structural changes in series (e.g., rebasing).
  3. Standardization: Values are converted to consistent units (e.g., current USD), currencies, and formats.
  4. Metadata: Every dataset is stored with source, original units, and the date we last ingested it.

Update Frequency

Different datasets publish on different cycles. Typical lags are indicative and may vary by country.

Dataset Primary Source Update Cycle Typical Lag
GDP (current USD) World Bank Annual ≈ 6–12 months
Inflation (CPI) IMF/National Monthly ≈ 1–2 months
Unemployment National/ILO Monthly/Quarterly ≈ 1–3 months
FX & Commodities Market Providers Daily/Intraday Same day
Population World Bank/UN Annual ≈ 6–12 months

Calculations & Derived Metrics

Year-over-Year (YoY) Change
YoY Change = Current Value − Prior Year Value
YoY % Change = (YoY Change / |Prior Year Value|) × 100
Rounding & Humanization

We display values using consistent rounding and human-readable abbreviations (e.g., 1.25B for large numbers). For analysis modules, full-precision values are preserved internally.

Rankings

Ties are handled by assigning the same rank to equal values and skipping subsequent ranks accordingly.

Limitations & Revisions

  • Some countries publish with delays or gaps. We surface the latest available year per series.
  • Official sources periodically revise historical data. We update our series to reflect such revisions.
  • Methodologies may differ across sources. Where relevant, we note base years, rebasing events, or definitional changes.

How to Cite Econotics

If you use our data or visualizations, please credit:

“Econotics.com – Global Economic Intelligence” (link to the relevant page).

For media or research partnerships, get in touch.

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