Time series forecasting help

@bala.linux wrote:

Hello All,

Im a newbie for both analytics and this forum So, if this isnt the right place to post then, please move it to the respective section.

Lets say, I have the following historical dataset (4+ years) and would like to forecast the future trend (for 2 years).

month,country,used,capacity
2013-01,in,400,500
2013-02,in,420,500
2013-03,in,450,500
2013-04,in,430,600
.....
.....

I would like to predict the future trend of both used and capacity for each country for 24 months.

I followed this wonderful article and got the basic idea of forecasting with ARIMA.

1) Im not really sure, whether it can work with multiple variables at a time.
2) More over, is ARIMA the right fit for the problems like these ?
3) Should I model each country individually and predict them ?

I appreciate any pointers for solving this problem.

Thanks.

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