DFROG — De Nederlandsche Bank's Machine-Learning-Tested Nowcasting Model for GDP Growth
Netherlands
DNB's DFROG nowcasting model has tracked Dutch GDP growth in real time since 2024, publishing monthly estimates; a decade-long evaluation …
Indonesia · Jakarta · See the Indonesia profile · See the Jakarta profile
Evidence: Observational / pre–post Top 66% 53/100 · Ask Evidence Copilot about this practice
Pulse Lab Jakarta, a joint Bappenas/UN Global Pulse facility, built a machine-learning model nowcasting Indonesian food prices from Twitter data, validated over 15 months and extended via a 200-reporter, 65,000-datapoint citizen-pricing pilot in West Nusa Tenggara.
Pulse Lab Jakarta, a joint facility of Indonesia's Bappenas and UN Global Pulse (rebranded UN Global Pulse Asia Pacific in 2023), built a machine-learning model that mines public Twitter posts to estimate near-real-time food prices for beef, chicken, onion and chili. The initiative, running since 2014 in collaboration with WFP and FAO, was designed to provide an early-warning input alongside official statistics for national food-security and inflation policymaking.
The goal was to complement Indonesia's official price statistics with a faster, social-media-derived nowcasting signal that policymakers could use for food-security and inflation monitoring.
The core system mines Twitter data with machine-learning models to nowcast prices for four commodities. A secondary citizen-reporter pilot in West Nusa Tenggara (NTB) recruited 200+ volunteer reporters online, compensated with mobile-phone credit, who submitted price data via a mobile app.
Over roughly 15 months of validation in 2018, the Twitter-based nowcasts were reported as 'closely correlated' with official government price data, though an exact correlation coefficient is not independently verifiable from accessible sources. The NTB citizen-reporter pilot collected more than 65,000 individual price data points over 10 weeks.
The approach was validated only for four commodities nationally and piloted as an extension in a single province, so scalability evidence is limited; it is unclear from available sources whether the original nowcasting tool remains operationally embedded in government workflows or served mainly as a prototype that informed later systems under UN Global Pulse Asia Pacific.
National / regional programmes
Indicative funding routes for practices of this type — always check each programme's current calls and eligibility rules.
Do you run this practice? Claim it — verified implementers get a public contact pathway and can propose corrections.
Where this practice's information was retrieved from, and when.
Netherlands
DNB's DFROG nowcasting model has tracked Dutch GDP growth in real time since 2024, publishing monthly estimates; a decade-long evaluation …
India
Reserve Bank of India economists built a hybrid ML and time-series model — adding financial-market data and an uncertainty index …
Colombia
Banco de la República's July 2025 paper shows a Random Forest model combining Google Trends data with macro indicators nowcasts …
Switzerland
SNB researchers tested eight machine-learning methods against 1,100+ time series to nowcast Swiss GDP. For the post-2008 period, every ML …
Open full copilot Grounded in cited practices — always check the sources.