Organisation for Economic Co-operation and Development

The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2024), OECD Economic Outlook No 115 (Edition 2024/1)EO115 Database documentationEO115 Last historical pointsOECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact: [email protected]

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 this Outlook provides a unique tool 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 rates and exchange rates, the balance of payments, government and of households, and government debt. For the non-OECD regions, foreign trade and current account series are available. The database contains annual and quarterly data for the historical period and for the projection period. For this latter period, quarterly data are available for the G7 countries, and the OECD regions, while annual data are available for all OECD countries and for non-OECD regions. Quarterly series are seasonally adjusted. Variables are defined in such a way that they are as homogenous as possible over the countries. 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 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 this Outlook provides a unique tool 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 rates and exchange rates, the balance of payments, government and of households, and government debt. For the non-OECD regions, foreign trade and current account series are available. The database contains annual and quarterly data for the historical period and for the projection period. For this latter period, quarterly data are available for the G7 countries, and the OECD regions, while annual data are available for all OECD countries and for non-OECD regions. Quarterly series are seasonally adjusted. Variables are defined in such a way that they are as homogenous as possible over the countries. 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.

Current data with full Archive version is available here: https://knoema.com/OECDEO2020DEC/economic-outlook-no-108-december-2020

The OECD Long-Term Baseline is a projection of some major economic variables beyond the short-term horizon of the OECD Economic Outlook. It covers all OECD economies, non-OECD G20 economies and selected key partners. The projection horizon is currently 2060. For the historical period and the short-run projection horizon, the series are consistent with those of the OECD Economic Outlook number 114. The definitions, sources and methods are also generally the same. For more details on the methodology, please see boxes and Annex in Guillemette, Y. and J. Château (2023), 'Long-Term Scenarios: Incorporating the Energy Transition', OECD Economic Policy Papers, No. 33, OECD Publishing, Paris, and references therein. The baseline scenario is a projection conditional on a number of assumptions, notably that countries do not carry out institutional and policy reforms (see section 2 of the reference cited above). It is used as a reference point to illustrate the potential impact of structural reforms in alternative scenarios. The energy transition scenario is an alternative scenario with accelerated energy transition broadly consistent with net zero GHG emissions by 2050 (see section 3 of the reference cited above).