2524 Fmp API Documentation 10943ea7

FMP Economic Calendar API Documentation

Overview

The Financial Modeling Prep (FMP) Economic Calendar API provides access to upcoming and historical economic data releases, central bank decisions, and other market-moving events. This API enables traders and investors to stay informed about scheduled economic events that may impact financial markets.

API Endpoint

https://financialmodelingprep.com/api/v3/economic_calendar

Authentication

API access requires a valid FMP API key, which must be included as a query parameter in all requests.

Parameter: apikey Format: String Required: Yes

Obtaining an API Key

1. Visit https://financialmodelingprep.com
2. Sign up for an account (free and paid tiers available)
3. Navigate to the API dashboard to view your API key
4. Free tier allows limited requests per day (~250-300 requests)
5. Paid tiers offer higher rate limits and additional features

Request Parameters

Required Parameters

Date Format

• Format: YYYY-MM-DD (ISO 8601 date format)
• Example: 2025-07-20
• Maximum Range: 90 days between from and to dates
• Timezone: All dates are in UTC

Date Range Limitations

• Minimum range: 1 day
• Maximum range: 90 days
• Past dates: API returns historical events with actual values
• Future dates: API returns scheduled events with estimates (actual values will be null)

Response Format

The API returns a JSON array of economic event objects.

Response Structure

[
    {
        "date": "2024-03-01 03:35:00",
        "country": "JP",
        "event": "3-Month Bill Auction",
        "currency": "JPY",
        "previous": -0.112,
        "estimate": null,
        "actual": -0.096,
        "change": 0.016,
        "impact": "Low",
        "changePercentage": 14.286
    }
]

Response Fields

Field Details

date:

• Format: YYYY-MM-DD HH:MM:SS in UTC timezone
• Represents the scheduled release time for the economic data
• For future events, this is the expected release time
• Times may be adjusted if releases are delayed

country:

• ISO 3166-1 alpha-2 country codes
• Special codes:
  • EU: European Union (ECB-related events)
  • G7: G7 summit/collaborative events
  • International organizations may use special codes

event:

• Descriptive name of the economic indicator or event
• Examples:
  • "Non-Farm Payrolls"
  • "Consumer Price Index (CPI)"
  • "Federal Funds Rate Decision"
  • "GDP Growth Rate QoQ"
  • "Unemployment Rate"

currency:

• ISO 4217 currency codes
• Indicates which currency's economy the event affects
• May differ from country (e.g., EU events affect EUR across multiple countries)

previous:

• The last reported value for this indicator
• Used as baseline for comparing current release
• May be revised from originally reported value
• null if no prior data available (new indicator)

estimate:

• Market consensus forecast compiled from analyst surveys
• Typically from Bloomberg, Reuters, or other consensus services
• null if no consensus exists or for less-watched indicators
• Comparing actual to estimate shows "surprise" factor

actual:

• The officially released value when data is published
• null for future events (not yet released)
• This is the critical field that moves markets when released
• May be revised in subsequent releases (preliminary → final revisions)

change:

• Calculated as: actual - previous (for past events)
• null if either actual or previous is null
• Sign indicates direction: positive = increase, negative = decrease
• Absolute value, not percentage

impact:

• Qualitative assessment of market-moving potential
• Three levels:
  • "High": Major market-moving events (NFP, FOMC, CPI)
  • "Medium": Significant but less volatile (Retail Sales, PMI)
  • "Low": Minor indicators, routine data releases
• Determined by FMP based on historical volatility impact

changePercentage:

• Calculated as: ((actual - previous) / previous) * 100
• null if either value is null or if previous is zero
• Percentage representation of the change
• Useful for comparing relative magnitude across different indicators

Example Requests

Fetch Events for Next 7 Days

curl "https://financialmodelingprep.com/api/v3/economic_calendar?from=2025-01-01&to=2025-01-07&apikey=YOUR_API_KEY"

Fetch High-Impact Events Only (Post-Processing)

Note: API does not have an impact filter parameter, so filtering must be done after retrieval.

import requests

response = requests.get(
    "https://financialmodelingprep.com/api/v3/economic_calendar",
    params={
        "from": "2025-01-01",
        "to": "2025-01-31",
        "apikey": "YOUR_API_KEY"
    }
)

events = response.json()
high_impact_events = [e for e in events if e["impact"] == "High"]

Fetch Events for Specific Country (Post-Processing)

us_events = [e for e in events if e["country"] == "US"]
eu_events = [e for e in events if e["country"] == "EU"]

Rate Limits

Rate limits depend on your FMP subscription tier:

If you exceed rate limits, the API returns HTTP 429 (Too Many Requests).

Error Handling

HTTP Status Codes

Error Response Format

{
    "Error Message": "Invalid API KEY. Please retry or visit our documentation to create one FREE https://financialmodelingprep.com/developer/docs"
}

Common Errors

Invalid API Key:

{"Error Message": "Invalid API KEY..."}

Solution: Verify API key is correct, active subscription

Date Range Too Large:

{"Error Message": "Maximum date range is 90 days"}

Solution: Reduce date range to 90 days or less

Rate Limit Exceeded:

• HTTP 429 response Solution: Wait before next request, upgrade subscription tier

Best Practices

1. Respect Rate Limits

Implement exponential backoff for retries:

import time

def fetch_with_retry(url, params, max_retries=3):
    for attempt in range(max_retries):
        response = requests.get(url, params=params)
        if response.status_code == 429:
            wait_time = 2 ** attempt  # Exponential backoff
            time.sleep(wait_time)
            continue
        return response
    raise Exception("Max retries exceeded")

2. Cache Results

Economic calendar data doesn't change frequently once released:

• Cache past events indefinitely (actual values don't change)
• Cache future events for 1-24 hours (estimates rarely change)
• Refresh cache after event release time passes

3. Efficient Date Ranges

• Query 7-30 day ranges to minimize API calls
• Don't query dates more than 3-6 months in future (sparse data)
• Use smaller ranges (1-7 days) for real-time monitoring

4. Handle Null Values

Many fields can be null, especially for future events:

event_value = event.get("actual") or event.get("estimate") or event.get("previous")
if event_value is None:
    print("No value available for this event")

5. Time Zone Awareness

All API times are UTC:

from datetime import datetime, timezone

utc_time = datetime.strptime(event["date"], "%Y-%m-%d %H:%M:%S")
utc_time = utc_time.replace(tzinfo=timezone.utc)

# Convert to local timezone
local_time = utc_time.astimezone()

Data Accuracy and Timeliness

Release Time Accuracy

• Most release times accurate within ±1 minute
• Delayed releases possible (technical issues, holidays)
• Times may shift due to daylight saving time changes

Data Revisions

Economic data is often revised:

• Preliminary: First release (most market impact)
• Revised: 1-2 months later
• Final: 2-3 months later

The API previous field reflects the latest revised value, not necessarily the original preliminary release.

Coverage

FMP Economic Calendar covers:

• Major Economies: US, EU, UK, Japan, China, Canada, Australia
• Event Types:
  • Employment data (NFP, unemployment rate)
  • Inflation (CPI, PPI, PCE)
  • Growth (GDP, retail sales, industrial production)
  • Central bank decisions (FOMC, ECB, BOJ, BOE)
  • Surveys (PMI, consumer confidence, sentiment indices)
  • Trade data (trade balance, exports/imports)
  • Housing data (starts, permits, sales)

Comparison with Other Sources

FMP is a reliable, legitimate API source compared to scraping financial calendar websites (which violates ToS and is fragile).

Support and Documentation

• Official Docs: https://financialmodelingprep.com/developer/docs/economic-calendar-api
• API Status: https://status.financialmodelingprep.com
• Support: support@financialmodelingprep.com
• Community: Active Discord and forum for FMP users