Statistics Working Paper N. 62, 2015/4 - The issue of cultural bias in subjective well-being data is often raised, but rarely well-documented. This paper reviews the main barriers to interpreting national differences in subjective well-being, noting the challenge of distinguishing between cultural bias and cultural impact.
Falling energy prices push OECD annual inflation down to 0.4% in September 2015
The workshop will discuss the first results of the OECD Secretariat’s work on integrating FDI statistics into the analysis of Global Value Chains (OECD-WTO Trade in Value Added Initiative) to better account for foreign ownership.
OECD employment rate stable at 66.1% in the second quarter of 2015
How’s Life? describes the essential ingredients that shape people’s well-being in OECD and partner countries. It includes a wide variety of statistics, capturing both material well-being (such as income, jobs and housing) and the broader quality of people’s lives (such as their health, education, work-life balance, environment, social connections, civic engagement, subjective well-being and safety). The report documents the latest evidence on well-being, as well as changes over time, and the distribution of well-being outcomes among different groups of the population.
This third edition of How’s Life? develops our understanding of well-being in new ways. There is a special focus on child well-being, which finds that not all children are getting a good start in life, and those living in less affluent families face more risks to their well-being. The report introduces new measures to capture some of the natural, human, social and economic resources that play a role in supporting well-being over time. A chapter on volunteering suggests that volunteer work can create a virtuous circle: doing good makes people feel good, and brings a variety of other well-being benefits to both volunteers and to society at large. Finally, the report looks at inequalities in well-being across different regions within countries, demonstrating that where people live can shape their opportunities for living well.
How’s Life? is part of the OECD Better Life Initiative, which features a series of publications on measuring well-being, as well as the Better Life Index, an interactive website that aims to involve citizens in the debate about what a better life means to them.
OECD unemployment rate stable at 6.8% in August 2015
English, Excel, 545kb
This document describes the zone aggregation methodology for the eight indicators in the OECD Composite Leading Indicator (CLI) framework.
Outlook of moderating growth in most major economies
The Trade in Value Added initiative accounts for the double counting implicit in gross flows of trade, and measures flows related to value added in production of goods or services
Private consumption main driver of OECD GDP growth in the second quarter of 2015