OECD Regions at a Glance 2016
OECD Regions at a Glance shows how regions and cities contribute to national economic growth and well-being. This edition updates more than 40 region-by-region indicators to assess disparities within countries and their evolution over the past 15 years. The report covers all the OECD member countries and, where data are available, Brazil, People’s Republic of China, Colombia, India, Latvia, Lithuania, Peru, the Russian Federation and South Africa.
New to this edition:
- A comprehensive picture of well-being in the 391 OECD regions based on 11 aspects that shape people's lives: income, jobs, housing, education, health, environment, safety, civic engagement and governance, access to services, social connections, and life satisfaction.
- Recent trends in subnational government finances and indicators on how competencies are allocated and co-ordinated across levels of governments.
Subnational government debt
The financial and economic crisis led to a strong deterioration in both subnational government (SNG) budget balance and debt in most OECD countries. At the end of 2014, SNG fiscal balance was about -0.5% of gross domestic product (GDP) on average in the OECD. Outstanding gross debt accounted for 23.9% of GDP and 19.8% of total public debt ().