National accounts

Quarterly National Accounts - Contributions to GDP growth - Fourth quarter 2012, OECD


Destocking drags down OECD GDP growth in fourth quarter of 2012

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04/04/2013 - Real GDP in the OECD area fell 0.1% in the fourth quarter of 2012, compared with growth of 0.3% in the third quarter. Destocking  was the main driver, dragging down growth by 0.3 percentage point. A contraction in government consumption reduced GDP growth by a further 0.1 percentage point. Contributions from private consumption, gross fixed capital formation and net exports only partially offset these falls.

Contributions to OECD real GDP growth

Percentage points

Link to underlying data  - Source: Quarterly National Accounts: GDP Contributions to real GDP growth

Link to contributions of Major Seven countries  - charts  (PDF)




Next publication date: 4 July 2013



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