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.



Economic well-being

This chapter provides a brief introduction to the concept of human well-being, with a particular emphasis on economic (or material) well-being. In doing so, it highlights the importance of considering income, consumption and wealth together as part of a conceptual framework. The chapter then goes on to explain the nature of the OECD framework for measuring human well-being, and the role of economic well-being within this framework. It concludes by setting out the broad policy, research and analytical objectives/uses of information collected in these fields.


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