Measuring what matters: Improving the indicators of economic performance
Article
Over recent years there has been increasing concern among economists and statisticians, and a variety of commentators and organisations in civil society, about whether the current range of economic indicators accurately measure key aspects of economic behaviour and performance.
This discussion paper sets out two key propositions on rethinking the way we measure the economy and define economic success:
- New technologies, business models and economic goals require significant improvements in the measurement of key economic statistics.
- New indicators of economic outcomes can better define and measure the goals of economic policy.
Related items

Breaking the cycle: A blueprint for special educational needs and disability (SEND) reform
The education system is not working well enough for children with special educational needs and disabilities (SEND), their families, or the professionals delivering support.
Making space: Meeting the needs of young women and girls through Young Futures
This is a critical moment for the government’s delivery of Young Futures Hubs, which can transform outcomes for young women and girls.
Building the foundations for transformation in the NHS
The government has published a bold 10-year plan to transform England’s health system which, if fully delivered, will make the NHS of tomorrow look radically different from today’s service.