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Organisation for Economic Co-operation and Development

The Organisation for Economic Co-operation and Development (OECD) is an international economic organisation of 34 countries founded in 1961 to stimulate economic progress and world trade. It is a forum of countries committed to democracy and the market economy, providing a platform to compare policy experiences, seek answers to common problems, identify good practices and co-ordinate domestic and international policies of its members.

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  • N
    • March 2019
      Source: Organisation for Economic Co-operation and Development
      Uploaded by: Knoema
      Accessed On: 13 March, 2019
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      It presents the balance sheets for non financial assets by institutional sectors, for both produced assets (fixed assets, inventories, valuables) and non-produced assets (tangible and intangible).  It has been prepared from statistics reported to the OECD by Member countries in their answers to annual national accounts questionnaire. This questionnaire is designed to collect internationally comparable data according to the 1993 SNA. Unit of measure used - In national currency expressed in millions. For the Euro area countries, the data in national currency for all years are calculated using the fixed conversion rates against the euro.