GFD has added 3000 new data sets to the GFDatabase which calculate the Annual Percentage Change. These files focus on economic data for which users are more concerned about the rate of change than the actual number, such as the Consumer Price Index and Real GDP.
Although GFD provides the annual percentage change as a choice when downloading the raw data, there are several advantages to providing the annual percentage change as a separate file. First, users can download the rate of change directly. Second, users can use the Annual Percentage Change files in our new platform, Finaeon, to generate comparative graphs between different countries.
Finaeon offers comparison graphs where indicators such as the inflation rate or GDP growth can be compared directly to each other. Finaeon also offers the opportunity to generate current and historical bar graphs where intercountry comparisons of rates of growth would be beneficial. You can easily generate a graph of the inflation rate in the G-7 countries in 2014 and in 2000.
Annual Percentage Change files end with an APC. If you know the file name for the original file, just add APC to the end and you will get the Annual Percentage Change file. So the Consumer Price Index for the United States is file CPUSAM, and the Annual Inflation Rate for the United States is CPUSAMAPC.
The Annual Percentage Change files are included in the Main Indicators for ease of access. Among the economic topics that are included are Consumer and Producer Prices, GDP, Monetary Aggregates, Balance of Payments, Imports and Exports, Debt, Government Budget, Industrial Production, Population and others.