Economy

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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11/01/2018 - Real GDP growth in the OECD area slowed marginally to 0.7% in the third quarter of 2017, compared with 0.8% in the previous quarter, according to provisional estimates, as contributions from private consumption (0.3 percentage point, compared with 0.5 in the previous quarter) and investment (0.1, compared with 0.3) fell. Stockbuilding and net exports, however, with contributions of 0.2 and 0.1 percentage points respectively, mitigated the slowdown in overall GDP growth.The contribution from government consumption was negligible.

Contributions to OECD real GDP growth, Percentage points
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Note: Contributions data presented in this chart are based on data with more than one decimal.

 

‌ @OECD_STAT

 

 

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