Country Outlook

Extensive country insights at a glance

Methodology

The Country Outlook combines third-party data with Statista forecasts to provide a comprehensive insight into the status quo and future developments of more than 150 countries worldwide.

This is done by processing quantitative data from various private and public information sources. These include the International Monetary Fund, the World Bank, and the United Nations.

Our international team of experienced analysts identifies the most reliable data from a wide range of statistical information and uses it to provide a comprehensive insight into national indicators.

In addition, we evaluate key factors influencing the ongoing market development of the digital economy and operationalize these using the Statista platform's comprehensive data and source pool to obtain valid market assessments for primary data.

Methodology of the Country Outlook

Download key facts & methodology

Country Outlook: statistics and reports

Our approach

We combine extensive data research and Statista modeling

Data research & monitoring
Data cleaning & standardization
Digital economy research & monitoring
Trend analysis & forecasting

Our data sources

Our statistics and forecasts are based on

Analysis of official data from international institutions
Data from trade associations

Statista forecasts are also based on

Key player analysis & monitoring
Studies & macroeconomic data

Statistics and forecasts

We provide informative statistics and forecasts on different aspects of a country’s status quo and future development based on secondary data from international institutions and trade associations. Additionally, the independent Statista forecasts are based on data-focused analyses and multi-causal models.

Broad coverage of country-specific aspects

Our segments provide the latest available data on historical developments as well as valid forecasts for the economic environment (e.g., GPD, labor force, and social development).

FAQs

General

Who can access the Country Outlook?
All data from the Country Outlook is included in all Statista Corporate & Enterprise Accounts with ongoing contracts. Get more information.
What kind of data does the Country Outlook contain?
The Country Outlook contains data on the following topics:
- Economy
- Business Environment
- Digital Economy
- Society
- Labor Force
- Public Sector
How many countries are available in the Country Outlook?
The Country Outlook covers 160 countries. A complete country overview can be found in the methodology or the country overview.
Can I download the data?
You can download the chart as a PNG file. Download buttons can be found in the different box diagrams on the right.
When is the data being updated?
Updates come regularly once a year. In some cases, the data for individual indicators is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the data have occurred.
A time stamp at the bottom of each diagram shows the latest available update.
Most of the Country Outlook data was modeled before the outbreak of COVID-19. A forecast adjusted to these global events will be published in Q2 2020.
Will there be more countries included in the future?
There is no country extension planned at the moment.

Data & methodology

Which data sources are the basis for the country data?
The Country Outlook presents quantitative data from various private and public information sources. These sources include the International Monetary Fund, the World Bank, the United Nations, the OECD, the World Economic Forum, the International Labour Organization, the World Trade Organization, and Statista itself. Additionally, the Country Outlook features Statista exclusive data, including from the Digital Market Outlook and the Global Consumer Survey. The data sources are indicated in the diagram boxes or the information texts.
Why are forecasts not available for all indicators?
Forecasts are available if they have been made by the original source, such as the IMF. Forecasts of the Statista Digital and Consumer Market Outlook are also used.
Due to the complexity of macroeconomic indicators, no further forecasts are currently carried out.
Why is a regional aggregation not possible?
Due to the partially inconsistent availability of data for individual countries within a region, it is not possible or useful to display key figures at this level.
How are the forecasted values calculated?
The Statista data is based on comprehensive mathematical modeling, focusing on a bottom-up approach to derive market sizes and trends by having a deep understanding of the underlying processes and influencing factors. Analyzing the market structure and how monetary value is generated is the key to anticipate new trends and derive realistic estimates.
For more detailed information, please refer to the Digital Market Outlook methodology. For information on the forecasts of original sources, please refer to the Country Outlook methodology.
Why are some indicators not displayed for the current year?
The timeliness of the data is determined by the available original data. As a large part of the data sources depends on the declarations of the individual national statistical authorities, there may be delays regarding the available data.
Why are there no data for some countries?
The availability of the presented data is closely related to the country data contained in the original data. As the selected original sources do not uniformly cover all countries for single indicators, there are differences in the statistics presented.

Technical Questions & Support

Which currency rates are used for the data and forecasts?
We use the average exchange rate of each year to convert from one currency to another. The exact rates used can be checked in the "Key Market Indicators" box below each market. The source of the historical data is Statista, based on the IMF and other sources.
Can you directly compare the data on different countries?
A country comparison is given in the "Global Comparison Box", if applicable. This box is not yet editable but shows the top five countries plus the currently selected country.
Who do I contact in case of feedback or questions regarding the content of the Country Outlook?
For all support questions regarding our content, please get in touch with our customer support. The question will be immediately forwarded to the responsible analyst in order to give you relevant feedback.
Who do I notify about technical errors?
Please make sure that you are logged in with a Statista Corporate or Enterprise Account to have full access to our exclusive Country Outlook features. For all technical support questions, please get in touch with our customer support. The question will be immediately forwarded to our IT department, which will fix the errors as soon as possible.