Econ Factbook is an economic data website that attempts to bring greater transparency to the world economy. Macroeconomic data websites like World Bank Indicators and FRED have a large amount of economic statistics, but I believe they could do a better job at illustrating an economy in a concise, readable format. The format of Econ Factbook is designed to eliminate excess statistics and only display the structure of an economy. By focusing on the structure, I believe it can help people better understand an economy.
The format used on this website has 8 sections: industries, employment, households, companies, government, banks, central bank, international accounts. Each section has a few statistics to illustrate the condition of that sector.
What can Econ Factbook be used for? I believe it would be difficult to analyze an intricate economic issue with this website. Instead, I think this question can be best answered by analogy with a globe. Nobody says a globe is useless due to its lack of direct practicality. Instead it's meant to be an educational tool to help people to better understand our home planet. I believe the same idea can be applied to Econ Factbook.
Econ Factbook currently has a page for all 193 UN member countries. I hope that someday every city and state in the world could also have their own page using this format. Presently, economic data about localities is difficult to find on the internet and I believe centralizing this data in a clear format would be useful.
Contact: alexpeek@proton.me
Blog: Econ Analysis Tools
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