OECD Home › Statistics Directorate › National accounts › Quarterly National Accounts - Contributions to GDP growth - Fourth Quarter 2010, OECD
Strong improvement in net exports sustains OECD GDP growth in the fourth quarter of 2010
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08/04/2011 - Real GDP in the OECD area grew by 0.5% in the fourth quarter of 2010. Net exports and private consumption were the main contributors partly offset by an unwinding of inventories. This reverses the pattern seen in earlier quarters where inventory-rebuilding had contributed positively to GDP growth and net exports had contributed negatively.
Over the whole of 2010, private consumption was the main driver of real GDP annual growth, contributing 1.2 percentage point to the overall 2.9% recorded growth.
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Contributions to OECD real GDP growth |
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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: first week of July 2011 |
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More information on quarterly national accounts at www.oecd.org/std/qna
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