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- Organisation for Economic Co-operation and Development, international organization founded in 1961 to stimulate economic progress and world trade. Current members are Australia, Austria, Belgium, Canada, Chile, the Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Iceland,
www.britannica.com › topic › Organisation-for-Economic-Co-operation-and-DevelopmentOrganisation for Economic Co-operation and Development (OECD)
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The Organisation for Economic Co-operation and Development (OECD; French: Organisation de coopération et de développement économiques, OCDE) is an intergovernmental organisation with 38 member countries, founded in 1961 to stimulate economic progress and world trade.
- €338.3 million (2023)
- 16 April 1948 (75 years ago) (as OEEC), 30 September 1961 (62 years ago) (as OECD)
- English, French
Since then, 16 countries have become members of the Organisation. Here is a list of the current Member countries of the Organisation and the dates on which they deposited their instruments of ratification. Click on the name of the country to consult OECD work on that particular country.
OECD Home; About; Countries. Afghanistan; Albania; Algeria; Andorra; Angola; Anguilla; Antigua and Barbuda; Argentina; Armenia; Aruba; Australia; Austria; Azerbaijan; Bahamas; Bahrain; Guernsey; Jersey; Bangladesh; Barbados; Belarus; Belgium; Belize; Benin; Bermuda; Bhutan; Venezuela; Bosnia and Herzegovina; Botswana; Brazil; British Virgin ...
Our global reach. The OECD is at the heart of international co-operation. Our Member countries work with other countries, organisations and stakeholders worldwide to address the pressing policy challenges of our time. Find out more.
- History
- Member Countries
- Statistics
- Economic Outlook
- Reports
- Education
The OECD was initially called the Organization for European Economic Cooperation, or OEEC. It was started in 1948, after World War II, to run the Marshall Plan to reconstruct Europe. Its goal was to help European governments recognize their economic interdependence. In this way, it was one of the roots of the European Union. Once the Marshall Plan ...
Most of the 38 OECD members are from Europe. They are Austria, Belgium, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Lithuania, Luxembourg, Netherlands, Norway, Poland, Portugal, Slovak Republic, Slovenia, Spain, Sweden, Switzerland, and the United Kingdom. There are five countries fr...
The OECD collects, analyzes, and reports on economic growth data for its members. This gives them the knowledge to further their prosperity and fight poverty. It also balances the impact of economic growth on the environment. Committees within the OECD analyze the data and make policy recommendations. It's up to each member country to decide how to...
Twice a year, the OECD publishes its economic outlook. The OECD Economic Outlook analyzes the economic prospects for the 38 members and major non-member countries.The Outlook provides in-depth coverage of the economic policies needed for each member, as well as an overview of the total OECD area. The report is updated twice per year to stay current...
The OECD Economic Surveys are done for each member country every one to two years. They discuss each country's leading economic challenges and provide policy recommendations. The OECD recommended austerity measures to solve the Greek debt crisis. It said the proposals would make Greece more competitive in the global economy. The "Going for Growth" ...
Every three years, the OECD conducts the Programme for International Student Assessment. It evaluates education systems around the world by testing the knowledge of 15-year-old students. The OECD uses the data to recommend ways to improve equity in education.
- Kimberly Amadeo
Mar 19, 2024 · Member countries produce two-thirds of the world’s goods and services. The convention establishing the OECD was signed on Dec. 14, 1960, by 18 European countries, the United States, and Canada and went into effect on Sept. 30, 1961.
Nov 22, 2020 · OECD is a group of 37 democratic countries that cooperate on economic and social policy. Learn about its origins, functions, reports, and efforts to promote prosperity, equality, and well-being worldwide.
