Research
Papers behind the Global Macro Database.
The Global Macro Database is an open-source, continuously updated dataset of macroeconomic statistics that unifies and extends existing resources. By harmonizing and integrating data from 31 major contemporary sources (including the IMF, World Bank, and OECD) with historical records from 86 additional datasets, we construct comprehensive annual time series across 239 countries, covering global macroeconomic trends from the origins of modern data collection to projected estimates.
- Financial crises predict real GDP losses for up to five decades, considerably larger than previously estimated.
- Temperature shocks predict real GDP contractions up to 30 years ahead, especially in emerging economies.
More papers
Citation
Cite the GMD as follows. It is free for academic and non-profit research; see the Research Use Terms.
@techreport{GMD2025,
title = {The Global Macro Database: A New International Macroeconomic Dataset},
author = {M{\"u}ller, Karsten and Xu, Chenzi and Lehbib, Mohamed and Chen, Ziliang},
institution = {National Bureau of Economic Research},
type = {Working Paper},
series = {Working Paper Series},
number = {33714},
year = {2025},
month = {April},
doi = {10.3386/w33714},
URL = {http://www.nber.org/papers/w33714}
}
Using the GMD? Please cite it and review the license & terms.