Digitalisation has radically altered our economies. But this digital transformation remains largely hidden in the national accounts. The new OECD Handbook on Compiling Digital Supply and Use Tables (SUTs) aims to illuminate this blind spot.
Read moreThe General Government sector is one of the five sectors that make up the domestic economy in national accounting frameworks. It includes central, state and local government and social security funds.
Read moreReal Household Disposable Income per capita provides a better indicator of household economic well-being than real GDP per capita because it is a measure of household income, and it is deflated using price changes for the household sector (consumers).
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G20 GDP growth continues at a steady pace in the fourth quarter of 2023 |
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13 Mar 2024 – Gross domestic product (GDP) in the G20 area grew by 0.7% quarter-on-quarter in the fourth quarter of 2023 according to provisional estimates, slightly down from 0.8% in the previous quarter (Figure 1). The economic performance of G20 countries was mixed in Q4 2023. GDP growth weakened in China (to 1.0% in Q4 compared with 1.5% in Q3)andthe United States (to 0.8% in Q4 compared with 1.2% in Q3). In Mexico, GDP growth fell from 1.1% in Q3 2023 to 0.1% in Q4. GDP growth slowed slightly in Australia and turned negative in Germany and the United Kingdom (-0.3% in Q4 in both countries). |
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