OECD GDP falls by 1.8% in the first quarter of 2020
The OECD share in world GDP expressed in Purchasing Power Parities (PPPs) stabilised around 50% between 2011 and 2017 (latest benchmark year), according to new data released today by the International Comparison Program (ICP). Similarly, the share of large emerging economies (China, Brazil, India, Indonesia, the Russian Federation and South Africa) also stabilised at around 30% of world GDP.
The OECD developped a database – the Analytical Database on Individual Multinationals and Affiliates (ADIMA) – using a number of open big data sources that can provide new insights on individual Multinational Enterprises (MNEs) and their global profiles.
Covid-19 related lockdown measures hit international trade hard in March 2020, with evidence emerging of a sharp deterioration in April as demand stalled and supply chains continued to be disrupted. Travel and transport services, in particular, collapsed.
OECD unemployment rate up sharply in March 2020 with data for April pointing to an unprecedented rise
Unprecedented collapse in CLIs in most major economies
The OECD has developed a dashboard of household statistics that allows you to see how households are faring in OECD countries. We have also developed a series of country specific stories that provide a more detailed analysis of households; this quarter: Spotlight on Italian households.
Energy prices cause sharpest slowdown in OECD annual inflation since the financial crisis
Given the similar needs and challenges faced by countries in developing their statistical information systems (SIS), the OECD created the SIS Collaboration Community over ten years ago to collaborate in the development of common solutions.
SMEs are particularly at risk of failure from prolonged coronavirus (COVID-19) lockdown measures, and account for 75% of all jobs in directly affected sectors.