Strong GDP growth in the United States and Japan but slowdown in the euro area
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17/02/2010 - Seasonally-adjusted gross domestic product (GDP) in the OECD area rose by 0.8% in the fourth quarter of 2009, up from 0.6% in the previous quarter. Real GDP grew strongly in the United States and Japan by 1.4% and 1.1%, respectively. By contrast, GDP growth in the euro area slowed to 0.1% in the fourth quarter compared to 0.4% in the third quarter. GDP growth in France was relatively strong, at 0.6% but German GDP remained unchanged on the previous quarter and in Italy, GDP declined by 0.2%. The United Kingdom recorded positive GDP growth of 0.1% in the fourth quarter after six consecutive quarters of contraction.
Gross domestic product
Percentage change on the previous quarter, seasonally adjusted data
Link to underlying data
* No official estimate of Canadian GDP is yet available for the latest quarter
Link to underlying data - Source: Quarterly National Accounts: Quarterly Growth Rates of GDP, volume
The next issue of this press release is scheduled for the third week of May 2010.
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