OECD
Organizations & Companies abbreviation · International Organization
| Stands for | Organisation for Economic Co-operation and Development |
|---|---|
| Categories | Organizations & Companies |
OECD stands for Organisation for Economic Co-operation and Development, an international organization abbreviation.
Intergovernmental organization of 38 mostly high-income democracies that collects economic data, publishes policy analysis and develops international standards, from tax rules to anti-bribery guidelines.
Example: The OECD raised its global growth forecast for next year.
Usage notes
It was founded in 1961, succeeding the Organisation for European Economic Co-operation that had administered Marshall Plan aid. It runs the PISA tests of 15-year-olds' skills and brokered the 2021 agreement on a 15 percent global minimum corporate tax. Costa Rica became the 38th member in 2021.
Related abbreviations
More international organization abbreviations
- NAFTA – North American Free Trade Agreement
- NAM – Non-Aligned Movement
- NATO – North Atlantic Treaty Organization
- OAS – Organization of American States
- OAU – Organisation of African Unity
- OCHA – United Nations Office for the Coordination of Humanitarian Affairs
- OHCHR – Office of the United Nations High Commissioner for Human Rights
- OIC – Organisation of Islamic Cooperation
- OPCW – Organisation for the Prohibition of Chemical Weapons
- OPEC – Organization of the Petroleum Exporting Countries
- OPEC+ – OPEC Plus
- OSCE – Organization for Security and Co-operation in Europe