Euro Area Award Winners
The FocusEconomics 10th Anniversary Analyst Forecast Awards celebrate a decade of recognising the world’s most accurate economic forecasters. Below are the top three ranked forecasters for each indicator across the Euro Area region, covering 12 countries.
GDP
| Country | 1st Place | 2nd Place | 3rd Place |
|---|---|---|---|
| Austria |
Commerzbank
Vincent Stamer
|
Capital Economics
Europe Team
|
Allianz
Jasmin Gröschl (Allianz Research)
|
| Belgium |
DekaBank
Research Team
|
Capital Economics
Europe Team
|
Fitch Ratings
Hannah Dimpker, Kit Yeung
|
| Eurozone |
Polish Economic Institute
Jakub Rybacki, Marcin Klucznik
|
Analytics CCIS
Bojan Ivanc
|
DIW Berlin
Forecasting Team
|
| France |
Asterès
Sylvain Bersinger
|
UBS
Felix Huefner
|
E2 Economia
Research Team
|
| Germany |
Commerzbank
Vincent Stamer
|
Citigroup Global Mkts
Michel Nies
|
Handelsblatt Research Institute
Research Team
|
| Greece |
Alpha Bank
Economic Research Team
|
FrontierView
Research Team
|
Oxford Economics
Paolo Grignani
|
| Ireland |
Dan McLaughlin
Dan McLaughlin
|
Oxford Economics
Ricardo Amaro
|
Scope Ratings
Dennis Shen, Eiko Sievert
|
| Italy |
HSBC
Fabio Balboni
|
BMO Capital Markets
Jennifer Lee
|
Citigroup Global Mkts
Giada Giani
|
| Netherlands |
Scope Ratings
Alessandra Poli, Dennis Shen
|
DIW Berlin
Forecasting Team
|
Capital Economics
Europe Team
|
| Portugal |
EIU
Francesca Al Toum
|
Moody’s Analytics
Research Team
|
Fitch Ratings
Utku Bora Geyikci, Greg Kiss
|
| Spain |
CEPREDE
Julián Pérez
|
Capital Economics
Europe Team
|
BNP Paribas
Francisco Tiago Carvalho
|
| Switzerland |
Citigroup Global Mkts
Research Team
|
E2 Economia
Research Team
|
Credit Agricole
Research Team
|
12 countries
Inflation
| Country | 1st Place | 2nd Place | 3rd Place |
|---|---|---|---|
| Austria |
DekaBank
Research Team
|
IHS
Research Team
|
Fitch Ratings
Malgorzata Wegner, Utku Bora Geyikci
|
| Belgium |
DekaBank
Research Team
|
Moody’s Analytics
Olia Kuranova
|
BMI, a FitchSolutions Company
BMI Research Team
|
| Eurozone |
Emirates NBD
Research Team
|
UBS
Anna Titareva
|
Alpha Bank
Economic Research Team
|
| France |
Oxford Economics
Leo Barincou
|
SEB
Marcus Widen
|
UBS
Anna Titareva
|
| Germany |
Goldman Sachs
Goldman Sachs Research Team
|
HSBC
Stefan Schilbe / Anja Heimann
|
Peel Hunt
Kallum Pickering
|
| Greece |
Piraeus Bank
Eirini Staggel, Konstantina Peppa
|
Alpha Bank
Economic Research Team
|
Scope Ratings
Dennis Shen, Jakob Suwalski
|
| Ireland |
Fitch Ratings
Utku Bora Geyikci, Douglas Winslow
|
Dan McLaughlin
Dan McLaughlin
|
KBC
Dieter Guffens
|
| Italy |
Goldman Sachs
Goldman Sachs Research Team
|
Oxford Economics
Nicola Nobile
|
Afi
Research Team
|
| Netherlands |
DekaBank
Research Team
|
ING
Marcel Klok
|
ABN AMRO Bank
Team Netherlands
|
| Portugal |
Scope Ratings
Jakob Suwalski, Dennis Shen
|
S&P Global Market Intelligence
Raj Badiani
|
DZ Bank
Research Team
|
| Spain |
UBS
Anna Titareva
|
Berenberg
Research Team
|
HSBC
Fabio Balboni
|
| Switzerland |
Capital Economics
Research Team
|
Oxford Economics
Alexis Körber
|
Bak Economics
Bak/Oxford Economics
|
12 countries
Current Account
| Country | 1st Place | 2nd Place | 3rd Place | |
|---|---|---|---|---|
| Austria |
EIU
Safa Sharif
|
UniCredit
Stefan Bruckbauer, Walter Pudschedl
|
Fitch Ratings
Malgorzata Wegner, Utku Bora Geyikci
|
|
| Belgium |
BMI, a FitchSolutions Company
BMI Research Team
|
S&P Global Market Intelligence
Lilit Gevorgyan
|
Euromonitor International
Economies & Consumers Team
|
|
| Eurozone |
BMI, a FitchSolutions Company
BMI Research Team
|
Analytics CCIS
Bojan Ivanc
|
NORDLB
|
|
| France |
Peel Hunt
Kallum Pickering
|
DZ Bank
Research Team
|
BMI, a FitchSolutions Company
BMI Research Team
|
|
| Germany |
Polish Chamber of Commerce
Piotr Soroczyński
|
UBS
Felix Huefner
|
EIU
Emily Mansfield
|
|
| Greece |
National Bank of Greece
Economic Analysis Team
|
EIU
Joan Hoey
|
Eurobank
Research Team
|
|
| Ireland |
Euromonitor International
Economies & Consumers Team
|
Oxford Economics
Ricardo Amaro
|
S&P Global Market Intelligence
Raj Badiani
|
|
| Italy |
UniCredit
|
EIU
Frances Li
|
DekaBank
Research Team
|
|
| Netherlands |
EIU
Cailin Birch
|
S&P Global Market Intelligence
Timo Klein
|
Euromonitor International
Economies & Consumers Team
|
|
| Portugal |
DZ Bank
Research Team
|
Oxford Economics
Ricardo Amaro
|
Banco BPI
Teresa Gil Pinheiro
|
|
| Spain |
FUNCAS
Research Team
|
BBVA Research
BBVA Research
|
La Caixa
Oriol Carreras Baquer, Oriol Aspachs
|
|
| Switzerland |
EIU
Francesca Al Toum
|
DekaBank
Research Team
|
Credit Agricole
Research Team
|
12 countries
Exchange Rate
| Country | 1st Place | 2nd Place | 3rd Place |
|---|---|---|---|
| Eurozone |
TD Economics
Andrew Hencic, Vikram Rai
|
ANZ
ANZ Research
|
BMI, a FitchSolutions Company
BMI Research Team
|
| Switzerland |
Wells Fargo
Research Team
|
KOF
Alexander Rathke
|
Zürcher Kantonalbank
Kevin Gismondi
|
2 countries
Interest Rate
| Country | 1st Place | 2nd Place | 3rd Place |
|---|---|---|---|
| Eurozone |
BBVA Research
BBVA Research
|
Zürcher Kantonalbank
Sascha Jucker
|
Wells Fargo
Research Team
|
| France |
MAPFRE Economics
Research Team
|
ING
Charlotte de Montpellier
|
BNP Paribas
Jean-Luc Proutat
|
| Germany |
Pantheon Macroeconomics
Claus Vistesen
|
ING
Carsten Brzeski
|
Commerzbank
Vincent Stamer
|
| Italy |
CER
Antonio Forte
|
Pantheon Macroeconomics
Melanie Debono
|
UBS
Reinhard Cluse
|
| Spain |
Oxford Economics
Angel Talavera
|
MAPFRE Economics
Research Team
|
Equipo Económico
José María Romero Vera, Jorge Enrique Vindel González
|
| Switzerland |
BMI, a FitchSolutions Company
BMI Research Team
|
Wells Fargo
Research Team
|
Pictet Asset Management
Nikolay Markov
|
6 countries
Unemployment
| Country | 1st Place | 2nd Place | 3rd Place | |
|---|---|---|---|---|
| Austria |
S&P Global Market Intelligence
Timo Klein
|
Scope Ratings
Julian Zimmermann, Eiko Sievert
|
UniCredit
Stefan Bruckbauer, Walter Pudschedl
|
|
| Belgium |
BMI, a FitchSolutions Company
BMI Research Team
|
Fitch Ratings
Hannah Dimpker, Kit Yeung
|
Scope Ratings
Thomas Gillet
|
|
| Eurozone |
NORDLB
|
DIW Berlin
Forecasting Team
|
IHS
Research Team
|
|
| France |
BMI, a FitchSolutions Company
BMI Research Team
|
S&P Global Ratings
Aude Guez
|
Fitch Ratings
Kit Yeung, Federico Barriga Salazar
|
|
| Germany |
Handelsblatt Research Institute
Research Team
|
Société Générale
Anatoli Annenkov
|
Commerzbank
Vincent Stamer
|
|
| Greece |
Fitch Ratings
Greg Kiss, Federico Barriga Salazar
|
UBS
Gyorgy Kovacs
|
S&P Global Market Intelligence
Dragana Ignjatovic
|
|
| Ireland |
Dan McLaughlin
Dan McLaughlin
|
Moody’s Analytics
Dawn Holland
|
Euromonitor International
Economies & Consumers Team
|
|
| Italy |
LC-MA
Lorenzo Codogno
|
Berenberg
Research Team
|
Kiel Institute
Research Team
|
|
| Netherlands |
Fitch Ratings
Kit Yeung, Utku Bora Geyikci
|
S&P Global Market Intelligence
Timo Klein
|
— | |
| Portugal |
HSBC
Fabio Balboni
|
Berenberg
Research Team
|
NAIE
Assan Kurmanbekov
|
|
| Spain |
FUNCAS
Research Team
|
BBVA Research
BBVA Research
|
CEOE
Economics Department at CEOE
|
|
| Switzerland |
Pictet Asset Management
Nikolay Markov
|
KOF
Alexander Rathke
|
BMI, a FitchSolutions Company
BMI Research Team
|
12 countries
Overall
| Country | 1st Place | 2nd Place | 3rd Place |
|---|---|---|---|
| Austria |
IHS
Research Team
|
Commerzbank
Vincent Stamer
|
Capital Economics
Europe Team
|
| Belgium |
DekaBank
Research Team
|
Fitch Ratings
Hannah Dimpker, Kit Yeung
|
Capital Economics
Europe Team
Credit Agricole
Research Team
|
| Eurozone |
DekaBank
Research Team
|
EIU
Emily Mansfield
|
ANZ
ANZ Research
|
| France |
UBS
Felix Huefner
|
Capital Economics
Europe Team
|
Nomura
George Buckley, Andrzej Szczepaniak
|
| Germany |
HSBC
Stefan Schilbe / Anja Heimann
|
Goldman Sachs
Goldman Sachs Research Team
|
HWWI
Jörg Hinze
|
| Greece |
Alpha Bank
Economic Research Team
|
Scope Ratings
Dennis Shen, Jakob Suwalski
|
National Bank of Greece
Economic Analysis Team
|
| Ireland |
Dan McLaughlin
Dan McLaughlin
|
KBC
Dieter Guffens
|
Oxford Economics
Ricardo Amaro
|
| Italy |
Citigroup Global Mkts
Giada Giani
|
BMO Capital Markets
Jennifer Lee
|
UBS
Felix Huefner
|
| Netherlands |
Scope Ratings
Alessandra Poli, Dennis Shen
|
ING
Marcel Klok
|
S&P Global Ratings
Aude Guez
|
| Portugal |
EIU
Francesca Al Toum
|
Fitch Ratings
Utku Bora Geyikci, Greg Kiss
|
DZ Bank
Research Team
|
| Spain |
Capital Economics
Europe Team
|
Scope Ratings
Jakob Suwalski, Dennis Shen
|
Berenberg
Research Team
|
| Switzerland |
KOF
Alexander Rathke
|
Citigroup Global Mkts
Research Team
|
Zürcher Kantonalbank
Kevin Gismondi
|
12 countries
Rankings determined by FocusEconomics’ proprietary accuracy methodology. Where two forecasters achieved equal accuracy, both are listed at the same rank.