5 minute readSupply and use tables (SUTs) are an integral part of the national accounts. This article aims to highlight the richness contained within SUTs by profiling the automotive industry, which stands out due to its reliance on extensive supply chains, looking at issues such as the relative importance of the automotive industry in countries, the extent to which the industry is driving exports and is dependent on imports, and the impacts of trade and transport margins as well as taxes and subsidies on product prices.
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8 minute readGovernment deficit is a key indicator that attracts a lot of policy interest. It reflects when the fiscal balance – also referred to as net lending minus net borrowing – is negative. This article outlines how government total revenue and expenditure are calculated and how the fiscal balance is derived, and it explains why analysts have a particular interest in cases where governments run a deficit.
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5 minute readImport duties – commonly referred to as tariffs – are charges levied on certain goods when they enter an economic territory. The 2008 System of National Accounts explains that they may be intended as a means of raising government revenues and/or protecting domestic industries by discouraging imports.
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5 minute readThis article explores how and why different debt-to-GDP ratios for the same country and period may be correct. While there is only one figure used for GDP, there are usually several official measures of debt in OECD countries. The differences reflect users’ demand for different indicators. There may also be differences in the ‘valuation’ and ‘consolidation’ bases of the debt measures. Individuals and institutions using or quoting debt-to-GDP ratios should be aware of the differences behind the indicators.
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4 minute readDigitalisation – the use of digital technologies and data – has radically altered our economies. Whether it’s the way people consume goods and services, the tools and inputs that producers use in production, or the ability for producers to interact with consumers, digitalisation is fundamental to the modern economy. But policy makers have expressed concerns that the digital transformation remains largely hidden in the national accounts and macroeconomic indicators such as Gross Domestic Product (GDP).
To address these issues, the OECD’s Informal Advisory Group on Measuring GDP in a Digitalised Economy has produced the OECD Handbook on Compiling Digital Supply and Use Tables (SUTs). The new handbook proposes a measurement framework for compiling Digital SUTs to provide information on the output and value added of digital industries, amounts of digital goods and services purchased, and the extent to which digital ordering and delivery is taking place.
This is the first in a series of three blog articles, where we will introduce this measurement framework.
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2 minute readReleased today: The OECD just released experimental estimates for CO2 emissions from global shipping. The new database, developed using a near-real time data derived from location tracking devices used for maritime vessels, contains monthly figures for CO2 emissions by type of ship and by country.
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5 minute readThis analysis by John Mitchell highlights shifting government spending patterns over the past 20 years, with rising health and social protection spending, accompanied by decreases for education, defence and public debt transactions. But recent increases in long-term interest rates combined with the higher overall level of government debt will require governments to devote more of their annual budgets to debt service payments in coming years.
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6 minute readEn outre, plus les données sont détaillées, plus l’on peut adapter le conseil politique et tenir compte des inégalités entre les sexes, les régions, les secteurs, les tailles des entreprises ou les caractéristiques démographiques. Mais les statistiques et les données…
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