Latest Documents

25-May-2023

English

International trade statistics: trends in first quarter 2023

G20 merchandise and services trade resilient in Q1 2023

25-May-2023

English

Economic Policy Making to Pursue Economic Welfare

Effective welfare policies need to consider interactions among economic, social and environmental outcomes. This paper, prepared to support Finance track discussions during Japan’s 2023 Presidency of the G7, describes a variety of national and international initiatives to improve the measurement of multidimensional welfare and well-being 'beyond GDP'. For example, the 2025 System of National Accounts (SNA) will provide greater visibility to the digital economy and free digital services, unpaid household activities, and the depletion of natural capital. More than two-thirds of OECD countries have also developed national frameworks, development plans or surveys with a multidimensional well-being focus, spanning a broad range of economic, social and environmental outcomes and inequalities that matter to people’s well-being and its sustainability. Some G7 and OECD economies have started using this evidence to inform budgeting, enhance policy appraisal and evaluation tools (including cost-benefit analysis), and to guide government performance management frameworks and inclusive growth strategies.

23-May-2023

English

GDP Growth - First quarter of 2023, OECD

OECD GDP growth picks up moderately in the first quarter of 2023

11-May-2023

English, PDF, 2,060kb

Beyond GDP: Economic Policy making to Pursue Economic Welfare

Beyond GDP: Economic Policy making to Pursue Economic Welfare | Report prepared by the OECD to inform the discussions at the May 2023 meeting of G7 Finance Ministers and Central Bank Governors, at the request of the G7 Japanese Presidency.

9-May-2023

English

OECD Balanced Trade Statistics

Despite multiple efforts to tackle them at national and international level, asymmetries in international trade data are still significant: the exports of country A to country B rarely match the imports of B from A. To enable a better understanding of global trade patterns, the OECD developed transparent methodologies to reconcile these asymmetries.

1-February-2023

English

Improving Productivity Measurement Practices

The first report of the APO and OECD explores current practices and challenges in productivity measurement and provides recommendations to National Productivity Organisations (NPOs), National Statistics Offices (NSOs) and other agencies involved in the compilation and analysis of productivity statistics in APO member economies to improve measurement and cross-country comparability.

12-January-2023

English, Excel, 226kb

OECD Composite Leading Indicators (CLI) zone aggregation methodology

This document describes the zone aggregation methodology for the eight indicators in the OECD Composite Leading Indicator (CLI) framework.

9-January-2023

English

Sensitivity of capital and MFP measurement to asset depreciation patterns and initial capital stock estimates

Statistics Working Paper N. 115 2023/1 - This paper discusses the sensitivity of capital and multifactor productivity (MFP) measurement to asset depreciation patterns and initial capital stock estimates.

9-January-2023

English

Sensitivity of capital and MFP measurement to asset depreciation patterns and initial capital stock estimates

This paper discusses the sensitivity of capital and multifactor productivity (MFP) measurement to asset depreciation patterns and initial capital stock estimates. Applying the same depreciation rates in the US as in other G7 countries would reduce the US net investment rate and net capital stock by up to one third and increase US GDP by up to 0.5%. Capital and MFP growth would be less affected. Estimating initial capital stocks often involves assuming constant investment growth, but this leads to unreliable results. Relying on average K/Y ratios across countries works well for the US, but this might not be the case for other countries due to the international dispersion in K/Y ratios. Two main recommendations for statistical agencies emerge from this analysis. First, they should regularly review asset depreciation patterns to ensure that measured differences across countries are well justified. Second, they should backcast investment series as much as possible before relying on stationarity assumptions to estimate initial capital stocks.

8-December-2022

English, PDF, 238kb

Methods note: Producing OECD quarterly air emission accounts

Our estimates track emissions of CO2 and other GHGs that are released into the atmosphere. They are compiled for the Air Emissions Accounts (AEAs) of the System of Environmental-Economic Accounting (SEEA). We use the SEEA approach because it is consistent with international standards for compiling the national accounts, which makes it easier to monitor the impact of the economy on the environment.

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