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OECD Framework for Statistics on the Distribution of Household Income, Consumption and Wealth

image of OECD Framework for Statistics on the Distribution of Household Income, Consumption and Wealth

This publication presents an internationally agreed framework to support the joint analysis of micro-level statistics on household income, consumption and wealth. Its aim is to extend the existing international frameworks for measuring household income and consumption at the micro level to include wealth, and describes income, consumption and wealth as three separate but interrelated dimensions of people’s economic well-being. The framework, prepared by an international expert group working under the auspices of the OECD, is intended to assist national statistical offices and other data producers to develop data sets at the household level that are suitable for integrated analysis, and for facilitating comparisons between countries. The Framework is widely applicable, with relevance to countries that are at different stages of statistical development, that have different statistical infrastructures, and that operate in different economic and social environments.

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Household wealth

This chapter reflects the Wealth Guidelines that were prepared in parallel with the development of this Framework. The Wealth Guidelines were developed to address the common conceptual, definitional and practical problems that countries face in producing such statistics, as well as to improve the comparability of the country data currently available. They were also developed to facilitate the integration of micro statistics on household wealth with those relating to other dimensions of economic well-being, such as income and consumption.

English

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