Current Economic Development
The Macroeconomic Indicators To Watch
What this Index is about
The Current Economic Development (CED) index summarizes six key macro statistics for 42 countries and the Euro area. It focuses on the short-run development and documents which nations are currently doing well and which are struggling.
The CED index considers GDP growth, inflation, unemployment, the public budget balance, the current account balance, and the exchange rate.
All six components are weighted equally, reflecting the fact that there are trade-offs: improvements in one component can come at the price of a deteriorating performance in another variable. This website explains the crucial trade-offs to keep in mind.
The Latest News
- Switzerland defends the top spot.
- Denmark, Saudi Arabia, Hong Kong, and Singapore complete the top-5.
- Austria and Brazil fall the most, eight and seven ranks, respectively.
- Russia climbs the most ranks, from 28th to 19th, due to strong GDP growth.
- The US ranks 27th. It trails both China (10th) and the Euro area (21st).
- Turkey is now at the bottom of the ranking.
Where each country stands right now
The CED index ranks 42 nations and the Euro area according
to six macroeconomic indicators.
Every week the overall ranking is updated with the latest data.
The development of each nation
What matters more than a country's ranking position in one week is its track record over time. For all countries, the development can be tracked using historical ranks.
Macro indicators and their interpretation
Why are the selected six indicators important? How to interpret the numbers? The methodology section explains the indicators and points out key trade-offs to keep in mind.