by Nadim Ahmad, OECD Statistics and Data Directorate Labour productivity is a key indicator of economic wellbeing, and raising it – producing more goods and services from the same or less work (labour input) – is one of the main drivers of sustainable economic growth. Historically, comparisons of productivity across countries have shown substantial gaps, … More Statistical insights: Are international productivity gaps as large as we thought?
By Pierre-Alain Pionnier, Francette Koechlin, Anne-Sophie Fraisse and Elena van Eck. Inflation may be present in some parts of an economy but not others. Contributions to annual inflation show how much different product groups contribute to overall inflation in a given year. The measure is a useful tool to understand where inflation is occurring in … More Statistical Insights: An x-ray view of inflation
by Fabienne Fortanier, Head of Trade Statistics Section, Trade and Competitiveness Statistics Division, OECD Statistics and Data Directorate. Services comprise a growing share of international trade. Yet detailed statistics on which countries trade which services with which partners remain patchy. Although worldwide, almost all countries provide an estimate of total trade in services as part of … More Statistical Insights: New OECD-WTO data provides coherent and comprehensive view of Global Trade in Services
By Carlotta Balestra, Policy Analyst, OECD Statistics Directorate Looking at poverty and vulnerability through an assets lens Households’ economic well-being is usually measured by income. But what if there is an interruption in the flow of income? Or an unexpected expense? Such events highlight the importance of wealth accumulation to sustain people’s economic well-being. New … More Statistical Insights: New evidence shows that almost 40% of people are economically vulnerable in the OECD
by Fabienne Fortanier, Head of Trade Statistics Section, OECD Statistics Directorate To properly understand global trade patterns we need high quality, consistent and harmonised statistics on international merchandise trade. Currently available statistics, however, fall short of this standard. In theory the exports of country A to country B should mirror the imports of country B … More Statistical Insights: Merchandise trade statistics without asymmetries
by Isabelle Ynesta, Financial Statistics Statistician and Matthew De Queljoe, Statistician, OECD Statistics Directorate Household debt levels increased rapidly in many economies in the run-up to the 2007-2008 financial crisis, fuelled in part by easy credit and rising property prices. Ratios of debt to annual income – used by lenders to determine households’ repayment capacity … More Statistical Insights: What does household debt say about financial resilience?
by Pierre-Alain Pionnier, Head of CLIs, Prices & Environmental Accounts Section, Francette Koechlin, Head of Prices & PPPs Unit, and Sophie Bournot, Statistician for PPPs, OECD Statistics Directorate All travellers know that the prices of goods and services vary between countries. In order to capture these price differences, Eurostat and the OECD collect data on … More Statistical Insights: Purchasing Power Parities – not only about Big Macs