Leading indicators

OECD Composite Leading Indicators (CLI)


The OECD Composite Leading Indicators (CLIs) are designed to anticipate turning points and economic fluctuations relative to trend. This information is of prime importance for economists, businesses and policy makers to enable timely analysis of the current and short-term economic situation. 


Access the database

Composite Leading Indicators (CLIs) 


Visualize the data

Since January 2023, CLIs and other key short-term economic indicators are disseminated through the OECD Dashboard on Short-Term Indicators. The Dashboard allows users to follow key macro-economic developments using interactive charts and tables. The Dashboard is updated twice a month, allowing users to track economic trends in a timely matter. 

Access the OECD Dashboard on Short-Term Indicators



Database update dates

9 January 2023
6 February 2023
6 March 2023
5 April 2023
5 May 2023
7 June 2023
5 July 2023
4 August 2023
6 September 2023
4 October 2023
8 November 2023
6 December 2023


Countries and area totals covered

12 OECD member countries: Australia, Canada, France, Germany, Italy, Japan, Korea, Mexico, Spain, Türkiye, United Kingdom, United States
5 non member economies: Brazil, China, India, Indonesia, South Africa 
G7: Canada, France, Germany, Italy, Japan, United Kingdom, and United States
Major G20: Australia, Canada, France, Germany, Italy, Japan, Korea, Mexico, Türkiye, United Kingdom, United States, Brazil, China, India, Indonesia, South Africa
Four Big European countries: France, Germany, Italy, and United Kingdom
NAFTA: Canada, Mexico, and United States
Major 5 Asia: China, India, Indonesia, Japan and Korea



>> Watch our video explaining how the Composite Leading Indicators are compiled

Please note that in the video “business cycle” should be understood as the growth cycle (deviation to trend), and that the term “recession” should be understood as an economic slowdown rather than a recession.

Frequently Asked Questions about OECD CLIs
OECD system of Composite Leading Indicators
OECD Composite Leading Indicators zone aggregation methodology
Interpreting OECD Composite Leading Indicators
The component series and turning points
Glossary for Composite Leading Indicators and Business Tendency Surveys




For further information, contact the OECD Statistics and Data Directorate.



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