27/05/2010 - Household debt reached more than 120% of disposable income in Britain, Canada, the US and Japan by the time the financial crisis struck in 2008. By then, asset prices were already falling in many economies. A few months later, confidence indicators fell to historically low levels and by June 2009, GDP across OECD countries had plunged 4.7 percentage points over the previous 15 months.
The data and a range of other indicators of the crisis and its aftermath can be found in the OECD’s Factbook 2010, an annual digest of economic, social and environmental statistics. The latest edition takes a special look at the causes and consequences of the crisis. The data also show how governments have been responding.
The Factbook includes more than 100 major indicators overall. In addition to the data for OECD countries, the latest edition provides a broad range of statistics for other major world economies such as India, China, Russia, Brazil and South Africa. Among the topics covered:
The Factbook is central to a long-term OECD programme on using statistics to support policy analysis, agenda setting and policy action. Identifying the most accurate and meaningful data is becoming an increasing challenge for policy-makers and citizens faced with the often bewildering mass of information available today.
The Factbook 2010: Economic, Environmental and Social Statistics, freely available online, integrates the OECD’s StatLink service which enables you to download Excel versions of charts, tables and statistical annexes.
For further information, journalists should contact the OECD Media Division (tel: + 33 1 4524 9700 or mail to: email@example.com).
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