Euromonitor wins in 2018 FocusEconomics Analyst Forecast Awards

Global market research company Euromonitor International has been announced among the 2018 FocusEconomics Analyst Forecast Awards winners. The Awards recognize the most accurate forecasters for 2017 for the main macroeconomic indicators across 87 countries and for 29 commodity prices.

According to the winners’ ranking, Euromonitor International is among the top 3 winners for 27 countries, based on the most accurate projections submitted to the monthly Consensus Forecast survey by analysts from leading banks, think tanks and consultancies.

Euromonitor International has received high recognition in predicting major economic indicators especially among developing countries such as Cote d’Ivoire, Tanzania and Panama, receiving the number one position for the following countries and indicators, while it has been awarded the second position for forecasting cocoa price.

BahrainCurrent Account Balance
BelgiumCurrent Account Balance
DenmarkCurrent Account Balance
LithuaniaFiscal Balance
NetherlandsFiscal Balance
PanamaCurrent Account Balance
Sri LankaCurrent Account Balance


Daniel Solomon, Economist at Euromonitor comments: “These results highlight the strong collaboration of our macroeconomic and economic data teams, and the robustness of our forecasting methodology, combining a wide array of econometric models and Euromonitor’s analysts’ economic, statistical and country expertise. We are extremely proud that this recognition happens at the time when we have recently expanded our data coverage to 100+ countries, and would like to congratulate our analysts for their amazing achievements.”

Euromonitor’s Economies and Consumers service distinguishes itself by offering a wide array of country-specific and global macroeconomic scenarios to handle uncertainty and make our forecasts even more robust. Based on its proprietary macroeconomic model, Euromonitor issues quarterly reports providing the latest assessment of the global economy and a deeper analysis of key economies, shedding light on the impact of global risks.

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