In analysing the sustainability of government finances, the focus tends to be on gross government debt as a percentage of GDP. However, as gross debt does not take into account the asset side of government balance sheets, this measure only tells part of the story. Assets may generate income or be sold in order to redeem part of gross debt, and are therefore very relevant in assessing the financial health of government as well.
Private consumption main driver of OECD GDP growth in the third quarter of 2015
G20 GDP growth stable at 0.7% in the third quarter of 2015
National Accounts at a Glance presents information using an "indicator" approach, focusing on cross-country comparisons. The aim being to make the national accounts more accessible and informative, whilst, at the same time, taking the opportunity to present the conceptual underpinning of, and comparability issues inherent in, each of the indicators presented.
The range of indicators reflects the richness inherent in the national accounts dataset and encourages users to refocus some of the spotlight that is often placed on gross domestic product (GDP) to other economic important indicators, which may better respond to their needs. The publication is broken down into eight key chapters, and provides indicators related to GDP, income, disposable income, expenditure, production, household, government, corporations and capital respectively.
OECD GDP growth slows to 0.4% in the third quarter of 2015
Private consumption main driver of OECD GDP growth in the second quarter of 2015
G20 GDP growth stable at 0.7% in second quarter of 2015
OECD GDP grows by 0.4% in the second quarter of 2015
The data analyses the size of revisions for the first estimates of seasonally adjusted, quarter-on-quarter and year-on-year GDP volume growth rates, as published in successive issues of the OECD Main Economic Indicators database and collected in the Revisions Analysis Dataset – Infra-annual Indicators online dataset.
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From now on, GDP and some related indicators will be identical across the respective databases of several international organisations.