Statista’s market model aims to forecast detailed economic performance of industries in different countries. Statista uses the same model for all countries and industries, providing market model consistency for our customers. The forecast considers development data over the last six years, from 2015 through 2020.
The model uses historical data on each country’s individual industries, gathered from the national statistical offices. The outlook for the individual national industries is based on each country’s economic performance and specific industry trends.
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The prognosis model is applied to more than 40 countries.