OECD Home › Statistics Directorate › National accounts › Quarterly National Accounts - GDP Growth - Fourth Quarter 2011, OECD
OECD GDP growth slows sharply to 0.1% in the fourth quarter of 2011
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20/02/2012 - Provisional estimates show that quarterly gross domestic product (GDP) growth in the OECD area decelerated sharply to 0.1% in the fourth quarter of 2011, against 0.6% in the third quarter.
The OECD total masks diverging patterns however. In the United States, GDP growth accelerated to 0.7% in the fourth quarter of 2011, compared with 0.5% in the third quarter, while in Japan GDP declined by 0.6% following the strong technical rebound (1.7%) in the third quarter. In the Euro area and the European Union, GDP also fell, by 0.3%, for the first time since the second quarter of 2009.
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Gross domestic product Percentage change on the previous quarter, seasonally adjusted data |
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* Latest quarter not yet available |
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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: Fourth week of May 2012 |
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More information on quarterly national accounts at www.oecd.org/std/qna
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