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4 days ago · 23 May 2024 - Gross domestic product (GDP) in the OECD rose by 0.4% in the first quarter of 2024, slightly up from 0.3% recorded in the previous quarter, according to provisional estimates (Figure 1).
4 days ago · While the GDP growth rate for the OECD as a whole changed little in Q1 2024, the economies of three-quarters of the OECD countries for which data is available performed better than in Q4 2023. Among G7 countries, growth recovered in the United Kingdom and Germany , with GDP increasing by 0.6% and 0.2% in Q1, respectively, following contractions ...
19 hours ago · The OECD is the successor organization to the Organisation for European Economic Co-operation (OEEC), [15] established in April 1948 among the European recipients of Marshall Plan aid for the reconstruction of Europe after World War II. [16] [17] [18] Only Western European states were members of the OEEC, whose primary function was the ...
3 days ago · The OECD said the global economy is growing “at a modest pace”, with the effects of higher interest rates being felt. However, unemployment is low by historical standards. The OECD forecasts UK GDP to grow by 0.4% in 2024 and by 1.0% in 2025 (a little lower than its previous forecast).
5 days ago · Spending on economic growth can reach trillions of dollars—for example, the OECD countries spend an average of 3.9 percent of their GDP on economic affairs. 1 General government expenditures by function (COFOG), Government at a Glance 2021, OECD iLibrary.
by country - INCOME (current prices) 19 December 2023: New data are available for Chile and Costa Rica (income year 2022); the United States (income year 2022, provisional); the United Kingdom (income year 2021/22); Austria, Belgium, Bulgaria, Canada, Croatia, the Czech Republic, Estonia, France, Greece, Hungary, Ireland, Italy, Korea ...
2 days ago · High frequency indicators for the fourth quarter tentatively suggest momentum stabilized at a sluggish pace, helped by the broad-based shift earlier in the year toward accommodative monetary policy and fiscal easing in some countries (including China, Korea, and the United States).
