Private consumption driving overall OECD GDP growth in the fourth quarter of 2014
G20 GDP growth steady at 0.9% in the fourth quarter of 2014
OECD GDP growth slows marginally to 0.5% in the fourth quarter of 2014
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In 2009, the United Nations Statistical Commission endorsed a revised set of international standards for the compilation of national accounts: the System of National Accounts (SNA) 2008, replacing the 1993 version of the SNA. By December 2014, most OECD countries had implemented the new standards. The actual implementation however varied depending on country circumstances.
OECD countries are implementing the system of national accounts 2008 (SNA08). The major methodological changes which have the most impact on the level of GDP refer to investment.
Private consumption main driver of OECD GDP growth in the third quarter of 2014
NBS-OECD Workshops on National Accounts
G20 GDP growth picks up to 0.9% in the third quarter of 2014
OECD GDP up 0.5% in the third quarter of 2014
English, PDF, 2,146kb
Measurement and analysis of income inequality has long been a topic of OECD work and seized renewed attention with the OECD’s Better Life Initiative. Measuring distributions across dimensions above and beyond income (health, education, etc.) are also at the heart of the OECD’s How’s Life? statistical agenda and form a prominent recommendation in the Stiglitz-Sen-Fitoussi report.