Outlook summary

 200720082009
    
Real GDP growth (% change)  
United States2.22.02.2
Japan1.91.61.8
Euro area2.61.92.0
Total OECD2.72.32.4
    
Inflation* (%)   
United States2.62.12.0
Japan-0.5-0.30.3
Euro area2.22.22.3
Total OECD2.32.12.1
    
Unemployment (%)   
United States4.65.05.0
Japan3.83.73.6
Euro area6.86.46.4
Total OECD5.45.45.3
    
Current account balance (% of GDP) 
United States-5.6-5.4-5.3
Japan4.74.85.2
Euro area0.2-0.1-0.2
Total OECD-1.4-1.4-1.4
    
Short-term interest rate (%)  
United States5.34.64.7
Japan0.70.60.9
Euro area4.34.24.1
    
World trade growth (% change)7.08.18.1



Economic data

GDP growth: -9.8% Q2/Q1 2020 2020
Consumer price inflation: 1.2% Aug 2020 annual
Trade (G20): -17.7% exp, -16.7% imp, Q2/Q1 2020
Unemployment: 7.4% Aug 2020
Last update: 13 Oct 2020

OECD Observer Newsletter

Stay up-to-date with the latest news from the OECD by signing up for our e-newsletter :

Twitter feed

Digital Editions

Don't miss

Most Popular Articles

NOTE: All signed articles in the OECD Observer express the opinions of the authors
and do not necessarily represent the official views of OECD member countries.

All rights reserved. OECD 2020