FRED (Federal Reserve Economic Data) vs World Bank Open Data (data.worldbank.org) comparison

FRED (Federal Reserve Economic Data) focuses on Inflation Rates, Unemployment Rates, and GDP while World Bank Open Data (data.worldbank.org) specializes in Data APIs, GDP, and Inflation Rates. They overlap in 5 categories, so choose based on your preferred workflow and pricing.

Good news—both FRED (Federal Reserve Economic Data) and World Bank Open Data (data.worldbank.org) offer free plans. You can try each platform without commitment and only pay when you need premium features.

FRED (Federal Reserve Economic Data) has a mobile app so you can check your research on the go. World Bank Open Data (data.worldbank.org) is web-only, so you'll need a browser to access it from mobile devices.

Yes, both platforms offer API access for developers and quants who want to build custom integrations or automate their workflows.

Choose FRED (Federal Reserve Economic Data) if you need 800,000+ economic data series from 100+ sources, covering topics such as GDP, prices/inflation, employment, exchange rates, and interest rates., and Browse and track data via categories, releases, sources, and tags; series pages show metadata like units/frequency and “last updated / next release” fields.. Go with World Bank Open Data (data.worldbank.org) if Programmatic access to nearly 16,000 time-series indicators across 45+ databases, with many series spanning over 50 years., and Indicators API requires no key and supports both JSON and XML responses with flexible query styles. better fits how you invest.

Both platforms let you export data to spreadsheets (Excel, and JSON). This is useful for custom analysis or record-keeping.