Short-term GDP forecasting
Variations in the volume of worldwide SWIFT customer payments messages can offer early indicators of economic activity.
SWIFT developed a methodology for modelling GDP growth by combining global payments data with actual quarterly GDP growth figures to calculate estimates of short-term GDP evolution.
To test and validate our model, we worked in collaboration with the Center for Operations Research and Econometrics (), a leading inter-disciplinary research institute.
The SWIFT Index includes a range of regional/country-specific indices, updated monthly to provide GDP year-on-year growth estimates for both the current quarterand the following quarter.
The SWIFT Index is freely available to registered users.
Fact-based GDP indicator
The SWIFT Index brings you timely, fact-based GDP forecasts based on live payments data, updated monthly.
Independently validated methodology
The model used by the SWIFT Index has been tested and validated in collaboration with a leading inter-disciplinary research institute.
Assists strategic planning
The SWIFT Index helps you react quickly to economic changes, informs your market and strategy decisions, and allows increased accuracy of return-generating models.
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