The OECD Economic Outlook analyses the major economic trends over the coming 2 to 3 years. It provides in-depth coverage of the main economic issues and the policy measures required to foster growth in each member country. Forthcoming developments in major non-OECD economies are also evaluated in detail. Each edition of the Outlook provides a unique resource to keep abreast of world economic developments. The OECD Economic Outlook database is a comprehensive and consistent macroeconomic database of the OECD economies, covering expenditures, foreign trade, output, labour markets, interest and exchange rates, balance of payments, and government debt. For the non-OECD regions, foreign trade and current account series are available.
The database contains annual for the projection period. Variables are defined in such a way that they are as homogenous as possible for the countries covered. Breaks in underlying series are corrected as far as possible. Sources for the historical data are publications of national statistical agencies and OECD statistical publications such as the Quarterly National Accounts, the Annual National Accounts, the Annual Labour Force Statistics and the Main Economic Indicators. The cut-off date for information used in the compilation of the projections was the 15 May 2012.
With the OECD Economic Outlook 87, new aggregation techniques have been applied to construct the OECD area (34 countries) and the OECD euro area (15 OECD countries that are also members of Euro area). The new approach aims to better handle issues arising from evolving composition of these areas and different data availability across countries. The main changes are a switch from a fixed weighting scheme to moving weighting schemes for OECD and the direct aggregation of ratios, rather than computing them as ratios of aggregated components. Consequently, a number of series expressed in levels differ from the series previously published, while others are no longer available, particularly government and labour market data. Concerning the aggregation of world trade, a new composition has been introduced, since projections are now made for the major non-OECD economies. Thus, besides OECD and the OECD euro area, the following new regions are available: Dynamic Asian Economies (Chinese Taipei, Hong Kong, Malaysia, the Philippines, Singapore, Thailand, Vietnam); Oil Producers (Azerbaijan, Kazakhstan, Turkmenistan, Brunei, Timor-Leste, Bahrain, Iran, Iraq, Kuwait, Libya, Oman, Qatar, Saudi Arabia, United Arab Emirates, Yemen, Ecuador, Trinidad and Tobago, Venezuela, Algeria, Angola, Chad, Rep. of Congo, Equatorial Guinea, Gabon, Nigeria, Sudan); with the remaining countries in a residual 'Rest of the World' group.
Economic Outlook Contact
Economic Outlook Policy and other assumptions underlying the projections, Economic Outlook Sources and Methods, Database inventory ,OECD Glossary
Revised 13 June 2012. Please note that for 5 countries ( Japan, France, Austria, Israel and Mexico ) the original database associated with Economic Outlook no. 91 made public on 6 June included errors for variables associated with potential output as well as fiscal measures which are adjusted for potential output (cyclically-adjusted measures of tax revenue and spending). The new database posted here corrects these errors. Our apologies for any inconvenience this causes..
Annual
Data are reported over the period 1970-2013. Last historical points at 30 May 2012 are available in an excel file. Data after this date are OECD forecasts.
As announced in December 2011, a major review of the OECD Economics Department forecasting procedures has been undertaken with the objective of producing greater cross-country consistency of the projections. This has been mainly achieved through a harmonisation of the appropriation accounts for households and general government as well as a simplification in other blocks. Consequently, the coverage of the data set (historical and projections) published in the spring 2012 release of the Economic Outlook is substantially revised compared to previous issues
The OECD Economic Outlook analyses the major economic trends over the coming 2 to 3 years. It provides in-depth coverage of the main economic issues and the policy measures required to foster growth in each member country. Forthcoming developments in major non-OECD economies are also evaluated in detail. Each edition of the Outlook provides a unique resource to keep abreast of world economic developments. The OECD Economic Outlook database is a comprehensive and consistent macroeconomic database of the OECD economies, covering expenditures, foreign trade, output, labour markets, interest and exchange rates, balance of payments, and government debt. For the non-OECD regions, foreign trade and current account series are available.
The database contains annual for the projection period. Variables are defined in such a way that they are as homogenous as possible for the countries covered. Breaks in underlying series are corrected as far as possible. Sources for the historical data are publications of national statistical agencies and OECD statistical publications such as the Quarterly National Accounts, the Annual National Accounts, the Annual Labour Force Statistics and the Main Economic Indicators. The cut-off date for information used in the compilation of the projections was the 15 May 2012.
With the OECD Economic Outlook 87, new aggregation techniques have been applied to construct the OECD area (34 countries) and the OECD euro area (15 OECD countries that are also members of Euro area). The new approach aims to better handle issues arising from evolving composition of these areas and different data availability across countries. The main changes are a switch from a fixed weighting scheme to moving weighting schemes for OECD and the direct aggregation of ratios, rather than computing them as ratios of aggregated components. Consequently, a number of series expressed in levels differ from the series previously published, while others are no longer available, particularly government and labour market data. Concerning the aggregation of world trade, a new composition has been introduced, since projections are now made for the major non-OECD economies. Thus, besides OECD and the OECD euro area, the following new regions are available: Dynamic Asian Economies (Chinese Taipei, Hong Kong, Malaysia, the Philippines, Singapore, Thailand, Vietnam); Oil Producers (Azerbaijan, Kazakhstan, Turkmenistan, Brunei, Timor-Leste, Bahrain, Iran, Iraq, Kuwait, Libya, Oman, Qatar, Saudi Arabia, United Arab Emirates, Yemen, Ecuador, Trinidad and Tobago, Venezuela, Algeria, Angola, Chad, Rep. of Congo, Equatorial Guinea, Gabon, Nigeria, Sudan); with the remaining countries in a residual 'Rest of the World' group.
Economic Outlook Contact
Economic Outlook Policy and other assumptions underlying the projections, Economic Outlook Sources and Methods, Database inventory ,OECD Glossary
Annual
Data are reported over the period 1970-2013. Last historical points at 30 May 2012 are available in an excel file. Data after this date are OECD forecasts.
Revised 13 June 2012. Please note that for 5 countries ( Japan, France, Austria, Israel and Mexico ) the original database associated with Economic Outlook no. 91 made public on 6 June included errors for variables associated with potential output as well as fiscal measures which are adjusted for potential output (cyclically-adjusted measures of tax revenue and spending). The new database posted here corrects these errors. Our apologies for any inconvenience this causes..
As announced in December 2011, a major review of the OECD Economics Department forecasting procedures has been undertaken with the objective of producing greater cross-country consistency of the projections. This has been mainly achieved through a harmonisation of the appropriation accounts for households and general government as well as a simplification in other blocks. Consequently, the coverage of the data set (historical and projections) published in the spring 2012 release of the Economic Outlook is substantially revised compared to previous issues