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Enhancing financial stability amid slowing growth in China

Growth in China has been slowing gradually, but GDP per capita remains on course to almost double between 2010 and 2020. As a result, the Chinese economy will remain the major driver of global growth for the foreseeable future.




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Continued slowdown in productivity growth weighs down on living standards

The slowdown in productivity growth - already underway before the crisis – combined with sluggish investment, continued to undermine rises in economic output and material living standards in recent years in many of the world’s economies, according to a new report released today by the OECD.




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GDP Growth - First quarter of 2017, OECD

OECD GDP growth falls to 0.4% in first quarter of 2017




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Taking action on climate change will boost economic growth

Integrating measures to tackle climate change into regular economic policy will have a positive impact on economic growth over the medium and long term, according to a new OECD report prepared in the context of the German Presidency of the G20.




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Colombia: Raise productivity and make growth more inclusive

The Colombian economy has been more resilient than other Latin American countries to the recent fall in commodities prices, and remains among the strongest in the region.




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G20 GDP Growth - First quarter of 2017, OECD

G20 GDP growth stable at 0.9% in first quarter of 2017




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Public investment, tax and education reforms will help bolster inclusive growth in Belgium

A combination of market-based policies and a redistributive welfare state have boosted Belgium’s per-capita GDP to well above the average of OECD countries and raised well-being, according to a new OECD report.




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New Zealand has recently enjoyed strong economic growth, but housing and population ageing pose challenges

New Zealand enjoyed strong economic growth during 2016, driven by high net inward migration, solid construction activity, booming tourism and supportive monetary policy, although in per capita terms growth has been more in line with that in other advanced economies.




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Contributions to GDP growth: first quarter 2017, Quarterly National Accounts, OECD

Private consumption and investment main drivers of slowdown in OECD GDP growth in first quarter of 2017




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Austria: Embrace digitalisation to boost growth and inclusiveness

The Austrian economy is strengthening, supported by recent tax reform and a pick-up in international trade. With business and household confidence rising and the short-term outlook favourable, policymakers should enact deeper structural reforms that will improve both fiscal sustainability and social cohesion.




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South Africa: Find new ways to boost growth and job creation

The South African economy has registered tremendous progress over the past two decades, boosting living standards and lifting millions out of poverty nationwide.




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Argentina: Further reforms are needed to boost sustainable and inclusive growth

Argentina is making progress in its path to advance its growth agenda. The first OECD Multi-dimensional Economic Survey of Argentina underlines the achievements to date of the government’s recent and comprehensive programme of macroeconomic and structural reforms.




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Growth is picking up in Austria but fundamentals need to be strengthened

After several years of subdued growth, economic output accelerated in 2016 supported by a tax reform that entered into force in 2015-16, and more recently a pick-up in international trade.




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Embracing digitalisation to boost Austria’s growth potential

Digitalisation will redesign production processes and alter relationships between work and leisure, capital and labour, the rich and the poor, the skilled and the unskilled. It creates opportunities to boost inclusive growth and well-being by raising productivity, enhancing private and public services, and democratising information.




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GDP Growth - Second quarter of 2017, OECD

OECD GDP growth accelerates to 0.7% in second quarter of 2017




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Sharing the benefits of China’s growth by providing opportunities to all

Living standards in China have greatly improved over the past few decades. Both sustained economic growth and an expansion of the social security system have contributed to a sharp reduction in the number of people in poverty.




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G20 GDP Growth - Second quarter of 2017, OECD

G20 GDP growth accelerates to 0.9% in second quarter of 2017




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Latvia: Maintain robust expansion and continue reforms to achieve income convergence and more inclusive growth

Successful implementation of economic reforms has boosted the Latvian economy, leading to strong growth, rising wages and solid public finances. Further policy action is now needed to accelerate productivity growth, create jobs, drive down poverty, improve living standards and ensure that everyone benefits from more inclusive growth, according to a new report from the OECD.




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Estonia: Policy action is needed for stronger and more inclusive growth

Estonia: Policy action is needed for stronger and more inclusive growth




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OECD sees synchronised momentum for global economy, but urges further policy action to ensure sustainable and inclusive medium-term growth

The world economy has picked up momentum, as expanding investment, employment and trade support synchronised growth across most countries, according to the OECD’s latest Interim Economic Outlook.




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Latvia: time to reboot inclusive productivity growth

Latvia’s economy is growing strongly. Driven by the recovery of exports and investment as well as strong private consumption, real GDP growth is expected to strengthen from 2% in 2016 to around 4% this year and next.




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Estonia: Using fiscal space for a more inclusive growth

Estonian growth is picking up again strongly in 2017 and the level of activity has finally surpassed its pre-crisis level, almost 10 years after the outset of the financial crisis. However, poverty remains among the highest in the OECD.




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Boosting productivity for inclusive growth in Japan

Never in the past 30 years has productivity growth been lower than since the 2008 global financial crisis, and never has income inequality been higher than it is today in Japan, and in the OECD area




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Contributions to GDP growth: second quarter 2017, Quarterly National Accounts, OECD

Pick-up in private consumption and investment drives higher OECD GDP growth in second quarter of 2017




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Luxembourg: harnessing skills for more inclusive growth

Luxembourg’s workforce is highly skilled, reflecting the concentration in the country of sophisticated firms in the financial sector and other top-end international services.




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Towards more inclusive growth in Colombia

Growth has become more inclusive in recent years in Colombia. Strong growth and targeted social policies have reduced absolute poverty.




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Reigniting growth through productivity-enhancing reforms in Colombia

Over the past decade, sound macroeconomic policies and an improved business environment have helped generate relatively strong GDP growth.




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Switzerland: Sustain high levels of well-being by boosting productivity growth

The Swiss economy has shown considerable resilience to shocks, but economic growth remains slow, and per capita income levels still hover at levels attained before the global economic crisis. Further reforms are needed to restore productivity growth, boost incomes and ensure that today’s high living standards and levels of well-being are passed on to future generations, according to a new report from the OECD.




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GDP Growth - Third quarter of 2017, OECD

OECD GDP growth slows to 0.6% in third quarter of 2017




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OECD sees global economy strengthening, but says further policy action needed to catalyse the private sector for stronger and more inclusive growth

OECD sees global economy strengthening, but says further policy action needed to catalyse the private sector for stronger and more inclusive growth




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G20 GDP Growth - Third quarter of 2017, OECD

G20 GDP growth steady at 1.0% in third quarter of 2017




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Lowering barriers to entrepreneurship and promoting small business growth in South Africa

Lowering high levels of unemployment and inequality are amongst the largest challenges facing South Africa.




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The effects of the tax mix on inequality and growth

Can reforms that shift the balance among different taxes in the revenue mix lastingly influence the overall prosperity of an economy and the distribution of income across households?




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Contributions to GDP growth: third quarter 2017, Quarterly National Accounts, OECD

Slower private consumption and investment weigh down on OECD GDP growth in third quarter of 2017




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Growth and economic well-being: third quarter 2017, OECD

OECD household income growth continues to lag GDP growth, slowing to 0.2% in third quarter of 2017




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Growth and economic well-being: fourth quarter 2017, OECD

OECD household income growth picks up to 0.3% in fourth quarter of 2017 but continues to lag GDP growth




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GDP Growth - Fourth quarter of 2017, OECD

OECD GDP growth slows to 0.6% in fourth quarter of 2017




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Further reforms to spur trade and investment key for Brazil’s inclusive growth

Brazil is emerging from its long recession and is headed for solid growth in 2018 and 2019 as recent structural reforms start to bear fruit. Sustaining this recovery, unleashing Brazil’s full economic potential and spreading the benefits fairly will require additional efforts to rein in public spending, increase trade and investment, and further focus social spending on those most in need, according to a new OECD report.




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G20 GDP Growth - Fourth quarter of 2017, OECD

G20 GDP growth remains stable at 1.0% in fourth quarter of 2017




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Finland: growing and reforming, but no time for complacency

After a long period of lacklustre economic performance, robust growth has resumed.




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Tunisia: New structural reforms needed to revive growth and job creation

The Tunisian economy is recovering, driven by good harvests and strong performance in the tourism sector, but further reforms are needed to ensure sustainable growth and higher living standards for all Tunisians, according to a new report from the OECD.




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Structural reforms to boost growth and living standards in Argentina

Over the last decades Argentina’s living standards have lost ground relative to other developed and emerging economies. Putting Argentina on a path to stronger, inclusive and job-rich growth requires boosting productivity and strengthening investment through wide-ranging structural reforms.




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Costa Rica: Restore fiscal sustainability and make growth more inclusive

Costa Rica has made impressive economic and social progress in recent years, with robust economic growth facilitating near-universal access to education, health care and pensions.




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GDP Growth - First quarter of 2018, OECD

OECD GDP growth continues to slow in first quarter of 2018




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New OECD Framework seeks to drive “urgent, concerted effort” for inclusive growth

“Urgent and concerted effort” is needed from governments to drive more inclusive, sustainable economic growth that benefits everyone in society, according to a new OECD report.




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Tax reform to support growth and employment in Finland

Finland raises a large amount of taxes to finance high-quality public services and redistribute income.




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Making growth more inclusive in Thailand

Thailand’s path from a low-income to an upper-middle-income country over recent decades is widely hailed as a development success story.




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Sustainable finance for inclusive growth in Thailand

Thailand’s "sufficiency economy philosophy" encourages the prioritisation of long-term sustainability over short-term benefits.




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Stronger growth but risks loom large

After a lengthy period of weak growth, the world economy is finally growing around 4%, the historical average of the past few decades.




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G20 GDP Growth - First quarter of 2018, OECD

Slight easing of G20 GDP growth in first quarter of 2018