Organisation for Economic Co-operation and Development

The OECD Economic Outlook analyses the major economic trends over the coming 2 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 the Outlook provides a unique resource 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 and exchange rates, balance of payments and government debt. For the non-OECD regions, foreign trade and current account series are available. Variables are defined in such a way that they are as homogenous as possible for the countries covered. Breaks in underlying series are corrected as far as possible. Sources for the historical data are publications of national statistical agencies and OECD data bases such as Quarterly National Accounts, Annual National Accounts, Labour Force Statistics and Main Economic Indicators. The cut-off date for information used in the compilation of the projections was June 1, 2023. The aggregation of world trade takes into account the projections made for the main non-OECD economies. Thus, besides OECD and the OECD euro area, the following regions are available: Dynamic Asian Economies (Chinese Taipei, Hong Kong, Malaysia, the Philippines, Singapore, Thailand, Vietnam); Oil Producers (Algeria, Angola, Azerbaijan Bahrain, Brunei, Chad, Rep. of Congo, Ecuador, Equatorial Guinea, Gabon, Iran, Iraq, Kazakhstan, Kuwait, Libya, Nigeria, Oman, Qatar, Saudi Arabia, Sudan, Timor-Leste, Trinidad and Tobago, Turkmenistan, United Arab Emirates, Yemen, Venezuela); with the remaining countries in a residual 'Rest of the World' group.

The OECD Long-Term Baseline Scenario 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 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 in the dataset title. The definitions, sources and methods are also the same, except where noted explicitly (such as coverage of the non-OECD and world aggregates). For more details on the methodology, please see Boxes 1 to 3 in The Long View: Scenarios for the World Economy to 2060 and the 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. It is used as a reference point to illustrate the potential impact of structural reforms in alternative scenarios, such as those discussed in The Long View: Scenarios for the World Economy to 2060. The data for these alternative scenarios are not available here but can be obtained on request by writing to [email protected].

The OECD Digital Economy Outlook 2020 examines trends and analyses emerging opportunities and challenges in the digital economy. It highlights how OECD countries and partner economies are taking advantage of information and communication technologies (ICTs) and the Internet to meet their public policy objectives. Through comparative evidence, it informs policy makers of regulatory practices and policy options to help maximise the potential of the digital economy as a driver for innovation and inclusive growth.   This third edition of the OECD Digital Economy Outlook provides a holistic overview of converging trends, policy developments and data on both the supply and demand sides of the digital economy. It illustrates how the digital transformation is affecting economies and societies. Finally, it provides a special focus on how the COVID-19 pandemic is amplifying opportunities and challenges from the digital transformation.