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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    • OECD Weekly Tracker of Economic Activity
      نيسان 2024
      المصدر: Organisation for Economic Co-operation and Development
      تم التحميل بواسطة: Knoema
      تم الوصول في: 27 نيسان, 2024
      تحديد مجموعة بيانات
      The OECD Weekly Tracker of GDP growth provides a real-time high-frequency indicator of economic activity using machine learning and Google Trends data. It has a wide country coverage of OECD and G20 countries. The Tracker is thus particularly well suited to assessing activity during the turbulent period of the current global pandemic. It applies a machine learning model to a panel of Google Trends data for 46 countries, and aggregates together information about search behaviour related to consumption, labour markets, housing, trade, industrial activity and economic uncertainty.   The Weekly Tracker proxies the percent change in weekly GDP levels from the pre-crisis trend. The pre-crisis trend is taken from OECD forecasts made prior to the crisis (in the November 2019 Economic Outlook). Two other flavours of the Tracker are also available in the datafiles: a Tracker of weekly GDP growth year-on-year (that is, the percent change in weekly GDP from the same week in the past year), and a Tracker of weekly GDP growth year-on-two-year (the percent change in weekly GDP from the same week two years earlier).