OECD Quarterly National Accounts - Fourth Quarter 2007

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GDP in the OECD area rose by 0.5% in the fourth quarter of 2007

19/02/2008 - Gross domestic product (GDP) in the OECD area rose by 0.5% in the fourth quarter of 2007, down from 0.9% in the previous quarter, according to preliminary estimates.

In the United States GDP grew by 0.2% in the fourth quarter of 2007, considerably less than the 1.2% growth recorded in the previous quarter. Japan's GDP rose by 0.9%, somewhat higher than in the previous quarter. GDP in the euro area rose by 0.4%, down from 0.8% in the previous quarter...etc.

The next issue of this press release is scheduled for the fourth week of May 2008.

For further information, journalists are invited to contact the OECD's Media Relations Division on (33) 1 45 24 97 00 or news.contact@oecd.org; others should contact the Statistics Directorate on stat.contact@oecd.org.

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