With COVID-19 extraordinary uncertainty, this Economic Outlook presents two possible scenarios, Please check the other forecast scenario: Single-hit

CountryInformation on item
FrequencyAnnual
Time200220032004200520062007200820092010201120122013201420152016
VariableUnit
External sectors, trade and paymentsCurrent account balance as a percentage of GDPInformation on itemPercentageInformation on item0.6601.5923.7031.3050.1870.8930.4083.5902.4651.3353.7845.6395.5977.1686.555
Exchange rate, national currency per USDInformation on itemWonInformation on item1 251.0451 190.9591 145.1971 024.226954.748929.4501 100.8621 274.9471 155.4311 107.3021 125.9351 094.9261 053.0641 131.3091 160.589
Imports of goods and services, volume in USD (national accounts basis)Information on itemUS Dollar, 2015Information on item227 404 561 404.597251 234 990 851.882281 594 717 032.959303 425 759 421.624341 268 615 118.628380 115 807 911.435392 519 083 585.729365 405 431 505.575429 387 055 665.829491 699 826 252.888504 324 577 936.684512 595 256 329.849519 070 068 550.121530 036 315 180.336557 463 695 457.655
Goods and services trade, volume in USDInformation on itemUS Dollar, 2015Information on item220 992 093 785.858247 476 851 833.475288 252 957 199.176310 816 266 505.393348 901 846 696.163390 794 168 385.553412 256 102 247.330397 712 619 327.345457 714 632 170.378526 338 015 409.642548 900 263 390.133564 371 651 886.139574 064 988 340.622580 284 687 484.891601 477 411 042.679
Exports of goods and services, volume in USD (national accounts basis)Information on itemUS Dollar, 2015Information on item214 579 626 167.119243 718 712 815.067294 911 197 365.393318 206 773 589.163356 535 078 273.698401 472 528 859.671431 993 120 908.931430 019 807 149.115486 042 208 674.927560 976 204 566.395593 475 948 843.582616 148 047 442.429629 059 908 131.123630 533 059 789.446645 491 126 627.704
Government accountsGeneral government gross financial liabilities as a percentage of GDPInformation on itemRatioInformation on item............28.13930.14632.03334.60737.20038.94641.85143.40542.845
General government net lending as a percentage of GDPInformation on itemPercentageInformation on item3.111-2.133-0.0781.3521.9693.9572.131-1.2760.8830.9831.0181.2831.2121.1802.209
Expenditure and GDPGovernment final consumption expenditure, volumeInformation on itemWon, 2015Information on item131 262 200 000 000.000137 910 300 000 000.000144 258 900 000 000.000151 963 100 000 000.000163 566 100 000 000.000174 245 000 000 000.000182 640 900 000 000.000194 786 800 000 000.000205 738 700 000 000.000211 012 500 000 000.000220 489 400 000 000.000231 036 000 000 000.000240 900 600 000 000.000250 088 000 000 000.000261 162 400 000 000.000
Private final consumption expenditure, volumeInformation on itemWon, 2015Information on item589 833 000 000 000.000587 600 400 000 000.000589 947 400 000 000.000617 416 800 000 000.000647 804 400 000 000.000682 032 300 000 000.000693 103 200 000 000.000694 615 200 000 000.000725 118 500 000 000.000746 490 700 000 000.000758 839 400 000 000.000772 013 800 000 000.000787 409 700 000 000.000804 812 300 000 000.000825 676 200 000 000.000
Gross domestic product, nominal value, market pricesInformation on itemWonInformation on item784 741 300 000 000.000837 365 100 000 000.000908 439 300 000 000.000957 447 700 000 000.0001 005 601 400 000 000.0001 089 660 200 000 000.0001 154 216 500 000 000.0001 205 347 800 000 000.0001 322 611 200 000 000.0001 388 937 200 000 000.0001 440 111 300 000 000.0001 500 819 000 000 000.0001 562 928 800 000 000.0001 658 020 400 000 000.0001 740 779 600 000 000.000
Gross domestic product, volume, market pricesInformation on itemWon, 2015Information on item1 020 582 300 000 000.0001 052 703 100 000 000.0001 107 416 300 000 000.0001 155 129 600 000 000.0001 215 939 500 000 000.0001 286 458 400 000 000.0001 325 219 300 000 000.0001 335 724 300 000 000.0001 426 618 000 000 000.0001 479 198 400 000 000.0001 514 736 600 000 000.0001 562 673 700 000 000.0001 612 717 400 000 000.0001 658 020 300 000 000.0001 706 880 300 000 000.000
Gross fixed capital formation, total, volumeInformation on itemWon, 2015Information on item336 087 100 000 000.000353 958 100 000 000.000363 826 100 000 000.000369 229 000 000 000.000383 895 600 000 000.000403 308 900 000 000.000400 827 300 000 000.000402 485 400 000 000.000425 635 100 000 000.000431 260 700 000 000.000430 686 000 000 000.000442 805 600 000 000.000456 558 400 000 000.000481 001 800 000 000.000512 634 500 000 000.000
Selected variables: ready-made growth ratesGovernment final consumption expenditure, volume, growthInformation on itemPercentage, 2015Information on item6.5445.0654.6035.3417.6356.5294.8186.6505.6232.5634.4914.7834.2703.8144.428
Headline inflationInformation on itemPercentage, 2015Information on item2.7633.5153.5912.7542.2422.5354.6742.7572.9394.0262.1871.3011.2750.7060.972
Private final consumption expenditure, volume, growthInformation on itemPercentage, 2015Information on item8.977-0.3790.3994.6564.9225.2841.6230.2184.3912.9471.6541.7361.9942.2102.592
Gross domestic product, volume, growthInformation on itemPercentage, 2015Information on item7.7253.1475.1974.3095.2645.8003.0130.7936.8053.6862.4033.1653.2022.8092.947
Gross fixed capital formation, total, volume, growthInformation on itemPercentage, 2015Information on item7.4435.3172.7881.4853.9725.057-0.6150.4145.7521.322-0.1332.8143.1065.3546.576
Imports of goods and services, volume, growth (national accounts basis)Information on itemPercentage, 2015Information on item14.89110.47912.0847.75312.47211.3833.263-6.90817.51014.5122.5681.6401.2632.1135.175
Core inflationInformation on itemPercentage, 2015Information on item3.0843.2492.3912.3181.9922.5333.5782.9551.8452.5591.5681.5171.6712.4251.875
Gross domestic product, market prices, deflator, growthInformation on itemPercentage, 2015Information on item3.0333.4503.1281.041-0.2232.4192.8263.6092.7371.2821.2521.0190.9073.1861.986
Exports of goods and services, volume, growth (national accounts basis)Information on itemPercentage, 2015Information on item12.81313.58021.0057.89912.04512.6047.602-0.45713.02815.4175.7933.8202.0960.2342.372
Prices and deflatorsConsumer price indexInformation on itemIndex, 2015Information on item0.7120.7370.7630.7840.8020.8220.8610.8850.9110.9470.9680.9800.9931.0001.010
Gross domestic product, market prices, deflatorInformation on itemIndex, 2015Information on item0.7690.7950.8200.8290.8270.8470.8710.9020.9270.9390.9510.9600.9691.0001.020
Imports of goods and services, deflator (national accounts basis)Information on itemIndex, 2015Information on item0.8720.8780.9490.9220.9130.9251.2451.1951.2071.3051.2971.2081.1391.0000.924
Exports of goods and services, deflator (national accounts basis)Information on itemIndex, 2015Information on item0.9630.9541.0020.9390.8890.8981.1261.1201.1341.1681.1611.1051.0511.0000.957
Labour marketsTotal employment (labour force survey basis)Information on itemPersonsInformation on item22 234 083.33322 224 433.33322 684 741.66722 831 091.66723 186 833.33323 559 400.00023 773 491.66723 687 158.33324 030 366.66724 524 558.33324 953 383.33325 297 416.66725 896 550.00026 178 316.66726 409 325.000
Labour forceInformation on itemPersonsInformation on item22 981 333.33323 047 433.33323 546 041.66723 717 308.33324 023 233.33324 350 766.66724 551 391.66724 584 133.33324 952 533.33325 384 150.00025 778 391.66726 107 275.00026 836 500.00027 154 325.00027 419 025.000
Unemployment rateInformation on itemPercentageInformation on item3.2523.5713.6583.7373.4823.2503.1683.6493.6963.3863.2003.1023.5033.5943.682
Monetary dataLong-term interest rate on government bondsInformation on itemPercentageInformation on item6.5875.0484.7284.9505.1525.3515.5685.1664.7734.2033.4483.2783.1862.3061.747
Short-term interest rateInformation on itemPercentageInformation on item4.8054.3063.7883.6494.4765.1615.4882.6282.6723.4383.2982.7232.4911.7701.493
Data extracted on 30 Oct 2020 21:40 UTC (GMT) from OECD.Stat

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