Federal Reserve Economic Data

Index of Global Real Economic Activity (IGREA)

Nov 2025: 23.47840
Updated: Jan 13, 2026 3:04 PM CST
Next Release Date: Not Available
Nov 2025:  23.47840  
Oct 2025:  14.41103  
Sep 2025:  20.56095  
Aug 2025:  14.68759  
Jul 2025:  5.41531  
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Units:

Index,
Not Seasonally Adjusted

Frequency:

Monthly

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Notes

Source: Federal Reserve Bank of Dallas  

Release: Index of Global Real Economic Activity  

Units:  Index, Not Seasonally Adjusted

Frequency:  Monthly

Notes:

This series is an updated index of global real economic activity in industrial commodity markets, as proposed in Kilian (2009), with the correction discussed in Kilian (2019). This business-cycle index is expressed in percent deviations from trend. It is derived from a panel of dollar-denominated global bulk dry cargo shipping rates and may be viewed as a proxy for the volume of shipping in global industrial commodity markets. For further discussion of the advantages of this index compared with measures of global real GDP or global industrial production see Kilian and Zhou (2018).

Suggested Citation:

Federal Reserve Bank of Dallas, Index of Global Real Economic Activity [IGREA], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/IGREA, .

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