Economic outlook, analysis and forecasts

EO Sources - Notes to statistical annex tables 11-19: Wages, costs, unemployment and inflation

 

A compact file detailing sources and notes by country and account are given in the Economic Outlook Statistical Sources file

For further details of specific variables and coverage issues see:

Frequently Asked Questions

Inventory

If you are looking specifically for explanations of words, abbreviations or concepts, please consult the OECD Statistical Glossary.

 

Table 11 Compensation per employee in the business sector
Table 12 Labour productivity for the total economy
Table 13 Unemployment rates: commonly used definitions
Table 14 Standardised unemployment rates
Table 15 Labour force, employment and unemployment
Table 16 GDP deflators
Table 17 Private consumption deflators
Table 18 Consumer price indices
Table 19 Oil and other primary commodity markets

Annex Table 11 - Compensation per employee in the business sector

Definition:  Average compensation defined as covering all wages paid to wage earners plus all non-wage labour costs paid by employers (e.g. to unemployment insurance, social security, pensions). Compensation is calculated per employee in the private sector accounted for in the national accounts.
Related links: National Accounts  and The 1993 System of National Accounts, Glossary 

Last updated:  December 2011

Back to top

Annex Table 12 - Labour productivity for the total economy

Definition: Real GDP per employed person accounted for in the national accounts.

Related links:  National Accounts  and The 1993 System of National Accounts, Glossary 

Last updated:  December 2011

Back to top

Annex Table 13 - Unemployment rates: commonly used definitions

Notes: All series are benchmarked to labour-force-survey-based estimates, either quarterly or monthly.

Related links: OECD, Main Economic Indicators , Subject: Unemployment

Last updated:  December 2011

Back to top

Annex Table 14 - Standardised unemployment rates

Definition:Harmonised unemployment rates, based on the definition recommended by the International Labour Organisation (ILO), securing comparability over time.
Notes: Minor differences between these and nationally published series may appear, mainly because of differences in methods of calculating and applying adjustment factors.
Related links: OECD, Main Economic Indicators , Subject: Unemployment

Last updated:  December 2011

Back to top

Annex Table 15 - Labour force, employment and unemployment

Notes and definitions. The series used are those which the OECD Economics Department finds most useful for policy analysis and forecasting, usually because they are the most commonly cited and published. The data are not always consistent with the national authorities definitions. Specific exceptions are detailed below and in the country notes file referenced below.
Labour force, employment and unemployment: For most countries these data come from labour force surveys based on a sample of households, covering employment (ET), unemployment (UN) and labour force (LF) on a consistent basis.  In exceptional cases, where consistent data are not available, one of the components of the identity LF = UN + ET (total employment) is derived from the other two, coming from possibly different sources. The term "total" is used with reference to labour force and employment to indicate that all armed forces (conscripts as well as professional military) are included. In some countries (see country notes below), employment and labour force include professional military, but exclude conscripts. "Civilian" labour force and employment data exclude all military personnel.
Where quarterly employment data are available on a National Accounts basis (domestic concept), they are used to derive variables such as labour productivity and labour costs.
Participation rates are calculated as the labour force divided by the total working-age population. Unless otherwise specified, monthly or quarterly data are seasonally adjusted by the OECD when not available from national sources and annual data refer to the average of either monthly or quarterly data. The standard labour unit is the count of persons. 
For individual country notes see Economic Outlook Statistical Sources file
Related links:   OECD, Main Economic Indicators , Subject: Unemployment
Last updated:
December 2011

Back to top

Annex Table 16 - GDP deflators

Definition: Index of market prices for the total of goods and services entering gross domestic product.
Related links:  National Accounts and The 1993 System of National Accounts, Glossary 
Last updated:  December 2011

Back to top

Annex Table 17 - Private consumption deflators

Definition: Index of market prices for goods and services entering private consumption.
Related links: Consumer prices (Annex Table 18),   National Accounts , The 1993 System of National Accounts, Glossary  .

Last updated:  December 2011

Back to top

Annex Table 18 - Consumer price indices

Definition: The consumer price index (CPI) measures changes over time in the general level of prices of goods and services that a reference population acquires, uses or pays for consumption. In most instances, CPIs are compiled in accordance with international statistical guidelines and recommendations. Harmonised Indices of Consumer Prices (HICP) are consumer price indices compiled on the basis of a harmonised coverage and methodology within the European Union.
For individual country notes see Economic Outlook Statistical Sources file
SourcesOECD, Main Economic Indicators
Last updated: December 2011

Back to top

Annex Table 19 - Oil and other primary commodity markets

Definition: The price of Brent crude oil as posted on the London International Petroleum Exchange, monthly averages of weekly data.
The source of data on non-oil commodity prices is the commodity price indices excluding oil compiled by the Hamburg Institute for Economic Research (HWWI).
Sources: International Petroleum Exchange, London, UK; Hamburg Institute for Economic Research (HWWI); International Energy Agency, Monthly Oil Market Report.

Last updated: December 2011

Back to top

Back to Notes  

 

Related Documents

 

OECD Economic Outlook No. 75 Annex Tables - Table of Contents

OECD Economic Outlook No. 75, June 2004

Economic Outlook Database Inventory

 

Countries list

  • Afghanistan
  • Albania
  • Algeria
  • Andorra
  • Angola
  • Anguilla
  • Antigua and Barbuda
  • Argentina
  • Armenia
  • Aruba
  • Australia
  • Austria
  • Azerbaijan
  • Bahamas
  • Bahrain
  • Bangladesh
  • Barbados
  • Belarus
  • Belgium
  • Belize
  • Benin
  • Bermuda
  • Bhutan
  • Bolivia
  • Bosnia and Herzegovina
  • Botswana
  • Brazil
  • Brunei Darussalam
  • Bulgaria
  • Burkina Faso
  • Burundi
  • Cambodia
  • Cameroon
  • Canada
  • Cape Verde
  • Cayman Islands
  • Central African Republic
  • Chad
  • Chile
  • China (People’s Republic of)
  • Chinese Taipei
  • Colombia
  • Comoros
  • Congo
  • Cook Islands
  • Costa Rica
  • Croatia
  • Cuba
  • Cyprus
  • Czech Republic
  • Côte d'Ivoire
  • Democratic People's Republic of Korea
  • Democratic Republic of the Congo
  • Denmark
  • Djibouti
  • Dominica
  • Dominican Republic
  • Ecuador
  • Egypt
  • El Salvador
  • Equatorial Guinea
  • Eritrea
  • Estonia
  • Ethiopia
  • European Union
  • Faeroe Islands
  • Fiji
  • Finland
  • Former Yugoslav Republic of Macedonia (FYROM)
  • France
  • French Guiana
  • Gabon
  • Gambia
  • Georgia
  • Germany
  • Ghana
  • Gibraltar
  • Greece
  • Greenland
  • Grenada
  • Guatemala
  • Guernsey
  • Guinea
  • Guinea-Bissau
  • Guyana
  • Haiti
  • Honduras
  • Hong Kong, China
  • Hungary
  • Iceland
  • India
  • Indonesia
  • Iraq
  • Ireland
  • Islamic Republic of Iran
  • Isle of Man
  • Israel
  • Italy
  • Jamaica
  • Japan
  • Jersey
  • Jordan
  • Kazakhstan
  • Kenya
  • Kiribati
  • Korea
  • Kuwait
  • Kyrgyzstan
  • Lao People's Democratic Republic
  • Latvia
  • Lebanon
  • Lesotho
  • Liberia
  • Libya
  • Liechtenstein
  • Lithuania
  • Luxembourg
  • Macao (China)
  • Madagascar
  • Malawi
  • Malaysia
  • Maldives
  • Mali
  • Malta
  • Marshall Islands
  • Mauritania
  • Mauritius
  • Mayotte
  • Mexico
  • Micronesia (Federated States of)
  • Moldova
  • Monaco
  • Mongolia
  • Montenegro
  • Montserrat
  • Morocco
  • Mozambique
  • Myanmar
  • Namibia
  • Nauru
  • Nepal
  • Netherlands
  • Netherlands Antilles
  • New Zealand
  • Nicaragua
  • Niger
  • Nigeria
  • Niue
  • Norway
  • Oman
  • Pakistan
  • Palau
  • Palestinian Administered Areas
  • Panama
  • Papua New Guinea
  • Paraguay
  • Peru
  • Philippines
  • Poland
  • Portugal
  • Puerto Rico
  • Qatar
  • Romania
  • Russian Federation
  • Rwanda
  • Saint Helena
  • Saint Kitts and Nevis
  • Saint Lucia
  • Saint Vincent and the Grenadines
  • Samoa
  • San Marino
  • Sao Tome and Principe
  • Saudi Arabia
  • Senegal
  • Serbia
  • Serbia and Montenegro (pre-June 2006)
  • Seychelles
  • Sierra Leone
  • Singapore
  • Slovak Republic
  • Slovenia
  • Solomon Islands
  • Somalia
  • South Africa
  • South Sudan
  • Spain
  • Sri Lanka
  • Sudan
  • Suriname
  • Swaziland
  • Sweden
  • Switzerland
  • Syrian Arab Republic
  • Tajikistan
  • Tanzania
  • Thailand
  • Timor-Leste
  • Togo
  • Tokelau
  • Tonga
  • Trinidad and Tobago
  • Tunisia
  • Turkey
  • Turkmenistan
  • Turks and Caicos Islands
  • Tuvalu
  • Uganda
  • Ukraine
  • United Arab Emirates
  • United Kingdom
  • United States
  • United States Virgin Islands
  • Uruguay
  • Uzbekistan
  • Vanuatu
  • Venezuela
  • Vietnam
  • Virgin Islands (UK)
  • Wallis and Futuna Islands
  • Western Sahara
  • Yemen
  • Zambia
  • Zimbabwe
  • Topics list