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U.S. Department of State

Diplomacy in Action

OECD


The Organization for Economic Cooperation and Development (OECD) is a unique forum where the governments of 34 democracies with market economies collaborate with more than 70 non-member economies to promote inclusive economic growth, prosperity, and sustainable development. The OECD provides a setting where governments can compare experiences, seek answers to social and economic issues, identify good practices, and coordinate standards. For more than 50 years, the OECD has been a trusted source of policy analysis and reliable economic and social data.

Today, OECD Member countries account for three-fifths of world GDP, three-quarters of world trade, over 90 percent of global official development assistance, half of the world’s energy consumption, and 18 percent of the world’s population. Together with its sister agencies, the International Energy Agency (IEA) and Nuclear Energy Agency (NEA), the OECD helps the United States and its partners reap the benefits and confront the challenges of a global economy by promoting sound economic and social policies, freer markets, safer and more efficient use of resources to reduce environmental impacts; and better innovation through science and technology.

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