BMI Research users, have you tried out the charting function? In case you don’t know… in addition to its country and industry reports, BMI Research includes a huge data bank of macroeconomic and industry data, available for download and manipulation.
Here, to demonstrate how easy it is, we will chart the GDP per capita for the last 10 years for the MINT countries: Mexico, Indonesia, Nigeria and Turkey. For comparison purposes I will opt to display the data in US$.
To begin, select the ‘Data Tool’ from the ‘Data & Forecasting’ tab on the top right-hand-side of the BMI interface.
Selecting your data is an easy 3-step process using the filters on the left-hand-side. Select your options, then simply click to ‘Display Data’ at the bottom of the screen. You can download raw data to Excel or display it as a chart or table.
Select your Geography:
Select the country or countries you require from the Geography options. You can either browse by continent using the + icons or search using the ‘Quick Filter’ box.
Remember to select each of the countries you require using the check-boxes.
When you complete your selection, the quantity of countries selected will be displayed.
Select your Indicator(s):
Now click on ‘Indicator’ to select the specific data you want to use. BMI contains a databank of more than 1.6 million lines of data covering both industrial markets and macroeconomic data. For GDP, we will need the Macro-Economic Data menu.
Wherever you see the + icon, you can open further sub-menus to drill further into the data.
Remember to select each dataset that you require.
As before, the quantity of data-lines you have selected will be displayed at the top.
Select Date Ranges:
Use the checkboxes to select the date range you require and, if required, select the data frequency.
Data may be reported monthly, quarterly or annually. Be aware that most data is only reported on an annual basis. Depending on the datasets you have selected, your options here may vary.
Now select your download option – ‘Raw Data’ (Excel) or ‘Display Data’ (table or chart).
Default chart format is a line chart. Click on ‘Format’ to make any changes you require – including chart type, colours, axes, etc.
Use the ‘Annotate’ option to add text, arrows or similar to your chart. Displayed beneath the chart will be a table of data.