Economic data are data that describe an actual economy, either past or present.
Economic data is classified into two types: cross-sectional data and time series data. In statistics and econometrics, cross-sectional data, often known as a cross-section of a research population, is a type of data acquired by monitoring several participants at the same time or point in time. The analysis could also disregard timing differences.
Time series data is data that is collected at regular periods of time. Cross-sectional data is made up of multiple variables captured at the same time. Pooled data is a hybrid of time series and cross-sectional data.
Note that a overview was given as the information is incomplete.
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