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Continued divergence in GDP growth rates among OECD countries in first quarter of 2012
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25/05/2012 - Provisional estimates show that quarterly gross domestic product (GDP) in the OECD area grew by 0.4% in the first quarter of 2012, up from 0.3% in the previous quarter.
The OECD total continues to mask diverging patterns among member countries. Positive growth rates were recorded in Japan (1.0%), Germany (0.5%) and the United States (0.5%). Economic activity remained weak in the Euro area and the European Union as a whole.
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Gross domestic product Percentage change on the previous quarter, seasonally adjusted data |
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Note: Growth rate presented in this chart are based on data with more than one decimal. |
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Link to underlying data - Source: Quarterly National Accounts: Quarterly growth rates of real GDP |
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Next publication date: 27 August 2012 |
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More information on quarterly national accounts at www.oecd.org/std/qna
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