Economy
Economic Outlook
Activity in many sectors has picked up and partially adapted to pandemic restrictions. Vaccine rollout, although uneven, is gaining momentum and government stimulus, particularly in the United States, is likely to provide a major boost to economic activity. But prospects for sustainable growth vary widely between countries and sectors. Faster and more effective vaccination deployment across the world is critical.
©Shutterstock
No ordinary recovery: Navigating the TransitionRecently released
- No ordinary recovery: Navigating the transition, Latest OECD Economic Outlook
- General assessment of the macroeconomic situation
- Economic Survey of Spain
- President Biden pledges an ambitious climate strategy
- Improving the Well-Being of Canadians
- Going for growth: Shaping a vibrant recovery
- Enhancing economic performance and well-being in Chile
- Economic Survey of Indonesia
- The American Rescue Plan is set to boost global growth
General assessment of the macroeconomic situation
Global economic prospects have improved, helped by the deployment of vaccines & policy support. Global GDP growth is projected to be 5.8% in 2021 & 4.4% in 2022, but uncertainty remains. On the upside, faster vaccine rollout worldwide could boost confidence & spending, raising growth to 6½% in 2021 & over 5¾% in 2022. On the downside, if the speed of vaccine deployment does not stop the transmission of the virus or new variants emerge, global growth would be weaker, at 5% in 2021 & 3% in 2022.
©OECD
General Assessment of the Macroeconomic Situation
Spain Economic Survey 2021
The Spanish economy entered a deep recession in 2020 due to the coronavirus pandemic. A strong government response has protected jobs and firms. However, the crisis has exacerbated long-standing structural challenges, such as high unemployment, inequalities and regional disparities. The national recovery plan will help the nearterm recovery and should also be used to promote long-term growth potential.
©Shutterstock/kavram
Spain Economic Snapshot
Going for Growth 2021: Shaping a vibrant economy
The COVID-19 pandemic is exposing long-standing structural weaknesses in our economies and widening gaps in living standards among countries, regions and people. Just as the vaccine rollout gradually instils hope, the post-pandemic recovery creates new opportunities to set in place the foundations for a vibrant recovery. With continued macroeconomic support, policymakers can shape the recovery to boost growth, enhance resilience and inclusiveness, and improve environmental sustainability.
©Shutterstock/Anton Petrus
Going for GrowthBy Topic
- Economic Outlook, analysis and forecasts
- Economic Country Surveys and Country Surveillance
- Economic Policy Reforms: Going for Growth
- Finance and inclusive growth
- Environment: Reducing emissions without hurting jobs or companies' financial performance
- Human Capital
- Income redistribution
- Productivity and long term growth
- Public Finance
- Economic policies to foster green growth
- Productivity and wages
- Digitalisation, Productivity and Inclusiveness
- Regulatory reform and competition policy
- Resilience in a time of high debt
- Scenarios for the world economy to 2060
- Trade: How to make trade work for all
- Trade and financial integration
- G20 Contributions: Strong, Sustainable, Balanced and Inclusive Growth
COVID-19 and the global economy: Macroeconomic and structural policy issues
- The role of online platforms in weathering the COVID-19 shock
- Walking the tightrope: exiting the lockdown while containing the virus
- Insolvency and debt overhang following the COVID-19 outbreak: Assessment of risks and policy responses
- Financial fragilities in COVID-19 time: assessment and policy answers
- Productivity gains from teleworking in the post COVID-19 era : How can public policies make it happen?
- Housing amid Covid-19: Policy responses and challenges
- COVID – 19 and the low-carbon transition: Impacts and possible policy responses
- The COVID-19 crisis and state ownership in the economy: Issues and policy considerations
- Evaluating the impact of COVID-19 containment measures on activity and spending
- Assessment of government crisis programmes to support businesses
- Distributional risks associated with non-standard work: Stylised facts and policy considerations
- Flattening the unemployment curve? Policies to support workers’ income and promote a speedy labour market recovery
COVID-19 Country Policy Response Tracker
By Content Type
- Policy Papers, Overview of evidence & policy lessons
- Working Papers, In depth analysis
- Blogs
- Public Finance Data Portal
- Data: Indicators of Product Market Regulation
- Data: House Prices
- Data: Structural Policy Indicators Database for Economic Research (SPIDER)
- Data: Resilience: Vulnerability Indicators
- Data: OECD Weekly Tracker of GDP Growth
- Data: COVID-19 Country Policy Tracker
Public Finance Data Portal
This portal provides data and documents from the OECD and external sources to facilitate public finance research.
Global Forum on Productivity
The OECD Global Forum on Productivity (GFP) fosters international co-operation between public bodies promoting productivity-enhancing policies. Access the latest research and data on productivity trends and institutions, and follow upcoming events.
Indicators of Product Market Regulation
Pro-competition regulation in the markets for goods and services can help boost living standards, can raise output per capita by increasing investment and employment, and can encourage firms to be more innovative and efficient, thereby lifting productivity. To measure countries’ regulatory stance and to track reform progress over time, since 1998 the OECD has been producing a set of indicators of product market regulation (PMR). This set included an economy-wide indicator and a group of indicators that measures regulation at the sector level.