Our Insights blog goes deeper into hot topics and critical world issues. Looking for more? Learn about how we integrate data and expert visualization services with our intelligent tools, custom situation rooms, and enterprise data portals.
Exchange rates Numbers that are presented in this dataset are those used by the OECD to convert national data: For countries sending data in national currency, the factor used to convert data is an annual exchange rate, built on an average of IMF monthly exchange rates weighted by the monthly trade value of imports and exports. Therefore exchange rates can differ between members of the Eurozone. For countries sending data in USD, the conversion factor is 1. They must be used as an indication and not as an exchange rates.The annual rates are also available (by clicking on the red i) but are not calculated using a trade weight. European Union Currency: The national exchange rates for the euro area countries have been converted into Euro. The option chosen by OECD is to convert exchange rates for periods prior ton entry into European Monetary Union. It means: Prior to 1999 for Austria, Belgium, Finland, France, Germany, Ireland, Italy, Luxembourg, Netherland, Portugal, Spain Prior to 2001 for Greece Prior to 2007 for Slovenia Prior to 2009 for Slovakia Prior to 2011 for Estonia