OECD GDP growth picks up moderately in the first quarter of 2023
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Beyond GDP: Economic Policy making to Pursue Economic Welfare | Report prepared by the OECD to inform the discussions at the May 2023 meeting of G7 Finance Ministers and Central Bank Governors, at the request of the G7 Japanese Presidency.
Real household income rises in the second half of an otherwise weak 2022
G20 GDP growth slows sharply to 0.3% in the fourth quarter of 2022
OECD GDP growth still weak at 0.3% in the fourth quarter of 2022
Real household income rises for the first time since the first quarter of 2021
G20 GDP bounces back in the third quarter of 2022
Our news release on economic growth and well-being in the second quarter of 2022 showed real Household Disposable Income (HDI) per capita in the OECD declining by 0.5% while real Gross Domestic Product (GDP) per capita rose by 0.3%. The decrease in real HDI per capita was partly due to high inflation: increases in consumer prices were undermining household income in real terms.
OECD GDP growth still sluggish at 0.4% in the third quarter of 2022
In 2020, three international organisations, the World Trade Organisation (WTO), the OECD and the United Nations Economic Commission for Africa (UNECA) launched a capacity-building project in Africa to develop the production of national statistics for the Inter-Country Input-Output (ICIO) tables that underlie TiVA indicators. The aim of the project was to address under-coverage of African economies in the TiVA database.