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OECD
Organization for Economic Cooperation and Development.
OECD
abbreviation
Organization for Economic Cooperation and Development; an association of 34 nations to promote growth and trade, set up in 1961 to supersede the OEEC
Example Sentences
Responding to the OECD's forecast, Chancellor Rachel Reeves said the figures "confirm that the British economy is stronger than forecast - it has been the fastest growing of any G7 economy in the first half of the year".
According to the OECD's 2023 Digital Government Index, it ranks second only to South Korea.
Data from the OECD, an intergovernmental think tank, shows that a quarter of Danish 15-year-olds cannot understand a simple text.
On the right-hand side of the chart, Northern European countries with generous paternity leaves, like Sweden, Finland, and Denmark, tend to have high male participation in household labor and higher-than-average birth rates for the OECD.
"We are forecasting basically a downgrade for almost everybody," Alvaro Pereira, the OECD's chief economist told the BBC.
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