OECD CLI Reference Series (GDP Ratio to Trend) Ranking

The OECD Leading Indicator Reference Series (GDP to Trend Ratio) is an indicator that shows how much each country's economy deviates from its long-term trend. Higher values indicate strong economic conditions, while lower values indicate sluggish economic performance. Higher-ranked countries are currently achieving growth exceeding their potential growth rates, creating conditions where inflationary pressures are likely to rise. Conversely, lower-ranked countries face stagnant economic conditions, with risks of rising unemployment and deflationary pressures. This indicator is utilized by central banks and policymakers across countries as a reference for monetary and fiscal policy decisions.