GDP, employment and wage growth
 
 
 
Growth of real GDP
% change from previous year
Employment growth
% change from previous year
Wage growth
% change from previous year
1998
2007
2008
1998
2007
2008
1998
2007
2008
 
Australia
5.1
 
4.2
 
2.3
 
1.7
 
2.9
 
2.1
 
1.8
 
1.1
 
..
 
 
Austria
3.7
 
3.0
 
1.7
 
1.0
 
1.5
 
1.8
 
3.0
 
-0.1
 
..
 
 
Belgium
1.7
 
2.6
 
1.0
 
1.6
 
1.8
 
1.6
 
-0.1
 
-0.1
 
..
 
 
Canada
4.1
 
2.5
 
0.4
 
2.5
 
2.3
 
1.5
 
2.0
 
2.6
 
..
 
 
Czech Republic
-0.7
 
6.1
 
2.8
 
-1.4
 
2.0
 
1.6
 
-0.8
 
3.5
 
..
 
 
Denmark
2.2
 
1.6
 
-1.1
 
1.4
 
2.7
 
1.1
 
2.0
 
0.3
 
..
 
 
Finland
5.2
 
4.1
 
0.7
 
2.4
 
2.0
 
1.6
 
2.5
 
1.3
 
..
 
 
France
3.5
 
2.3
 
0.3
 
1.1
 
1.7
 
1.4
 
1.8
 
1.0
 
..
 
 
Germany
1.8
 
2.6
 
1.0
 
1.2
 
1.7
 
1.4
 
1.0
 
0.0
 
..
 
 
Greece
3.4
 
4.0
 
2.9
 
4.4
 
1.2
 
1.1
 
1.7
 
2.2
 
..
 
 
Hungary
4.8
 
1.2
 
0.4
 
1.9
 
0.1
 
-1.2
 
0.4
 
0.2
 
..
 
 
Iceland
6.3
 
5.5
 
0.3
 
4.1
 
4.5
 
0.7
 
..
 
..
 
..
 
 
Ireland
8.4
 
6.0
 
-2.3
 
5.8
 
3.6
 
-0.5
 
2.5
 
3.2
 
..
 
 
Italy
1.3
 
1.5
 
-1.0
 
1.1
 
1.0
 
0.8
 
0.5
 
0.1
 
..
 
 
Japan
-2.0
 
2.3
 
-0.7
 
-0.7
 
0.5
 
-0.4
 
0.4
 
-0.4
 
..
 
 
Korea
-6.9
 
5.1
 
2.2
 
-6.0
 
1.2
 
0.6
 
-1.1
 
1.7
 
..
 
 
Luxembourg
6.5
 
5.2
 
-0.9
 
2.0
 
2.3
 
3.2
 
0.0
 
1.9
 
..
 
 
Mexico
4.9
 
3.3
 
1.4
 
2.6
 
1.7
 
2.3
 
..
 
..
 
..
 
 
Netherlands
3.9
 
3.5
 
2.1
 
2.6
 
2.5
 
1.5
 
-3.4
 
3.3
 
..
 
 
New Zealand
0.8
 
3.0
 
-1.6
 
-0.6
 
1.9
 
0.6
 
..
 
..
 
..
 
 
Norway
2.7
 
3.1
 
2.1
 
2.4
 
3.4
 
3.3
 
3.6
 
6.0
 
..
 
 
Poland
5.0
 
6.8
 
4.9
 
1.2
 
4.4
 
3.7
 
3.2
 
0.9
 
..
 
 
Portugal
4.9
 
1.9
 
0.0
 
2.5
 
0.1
 
0.6
 
1.2
 
1.0
 
..
 
 
Slovak Republic
4.4
 
10.4
 
6.4
 
-0.3
 
2.4
 
3.2
 
4.0
 
6.1
 
..
 
 
Spain
4.5
 
3.7
 
1.2
 
4.2
 
3.1
 
-0.5
 
0.7
 
0.2
 
..
 
 
Sweden
3.7
 
2.7
 
-0.4
 
1.7
 
2.5
 
1.2
 
2.7
 
3.7
 
..
 
 
Switzerland
2.6
 
3.3
 
1.6
 
1.5
 
2.3
 
1.7
 
0.7
 
0.3
 
..
 
 
Turkey
3.1
 
4.7
 
1.1
 
2.6
 
1.4
 
1.5
 
..
 
..
 
..
 
 
United Kingdom
3.6
 
3.0
 
0.7
 
1.0
 
0.7
 
0.8
 
4.2
 
1.4
 
..
 
 
United States
4.2
 
2.0
 
1.1
 
1.5
 
1.1
 
-0.5
 
4.8
 
1.0
 
..
 
 
OECD-Total
2.7
 
2.7
 
0.8
 
1.0
 
1.5
 
0.7
 
2.4
 
0.9
 
..
 
Last updated: 2 October 2009
Note:  Next update: June 2010. OECD weighted average.
Source: OECD Economic Outlook. For further details, see: sources, definitions and related studies.