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Private consumption driving overall OECD GDP growth in the fourth quarter of 2014 

Contributions to OECD real GDP growth
Percentage points


07/04/2015 - Real GDP in the OECD area decelerated slightly in the fourth quarter of 2014 to 0.5%, down from 0.6% in the previous quarter. Private consumption was the main driver of overall GDP growth with a contribution of 0.5 percentage point, albeit with significant differences across countries. The contribution from investment added0.1 percentage point to overall GDP growthwhile destocking reduced GDP growth by 0.1 percentage point. The contributions from government consumption and net exports were negligible.

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