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  • Tax revenue in the pandemic

    In 2020, Gross Domestic Product (GDP) declined in most OECD countries as a consequence of the COVID-19 pandemic. Declining GDP tends to be accompanied by a fall in tax revenue because most tax liabilities are based either directly or indirectly on production in the economy...

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  • New OECD database provides timely evidence on CO2 emissions from air transport

    Air transport can move people and goods quickly over large distances and, by facilitating international trade and tourism, it contributes to economic growth and job creation. On the other hand, the aviation industry makes a significant contribution to global CO2 emissions.

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  • Measuring non-market output during COVID-19

    New joint statistical research from the OECD and the UK Office for National Statistics describes the possible ways to measure non-market output (such as health and education) and assesses to what extent different approaches across OECD countries may have affected international comparisons of GDP during the pandemic.

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What's new

G20 GDP falls 0.4% in the second quarter of 2022 

13 Sep 2022 – Gross domestic product (GDP) in the G20 area fell 0.4% quarter-on-quarter in the second quarter of 2022 after rising 0.5% in the first quarter, according to provisional estimates (Figure 1). The contraction in the G20 area contrasts with GDP growth of 0.4% in the OECD area in the second quarter of 2022.



         

   

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