National Accounts

National accounts (www.oecd.org/std/national-accounts), according to the international standard SNA93, provide comparable macroeconomic data by countries. One of the major indicators is the gross domestic product (GDP). They provide also comprehensive data by institutional sector (general government, corporations, households, rest of the world etc.). Thus, one can find an assessment of the disposable income, saving, net borrowing / net lending, as well as of stocks of assets and liabilities of the sectors.

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GDP in the OECD area fell by a record 2.1% in the first quarter of 2009

25-May-2009

Gross domestic product (GDP) in the OECD area fell by 2.1% in the first quarter of 2009, the largest fall since OECD records began in 1960, according to preliminary estimates, and followed a fall of 2.0% of GDP in the previous quarter.

Quarterly Growth Rates of GDP, volume, for OECD Countries

Latest figures of Gross Domestic Product in volume, seasonally adjusted, percentage changes from previous period. Updated on a daily basis. Source: OECD Quarterly National Accounts Database.

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Understanding National Accounts