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2016 OECD Economic Outlook, Volume 2016 Issue 1

image of OECD Economic Outlook, Volume 2016 Issue 1

The OECD Economic Outlook  is the OECD's twice-yearly analysis of the major economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, prices, fiscal and current account balances.

Coverage is provided for all OECD member countries as well as for selected non-member countries. This issue includes a general assessment, a special chapter on promoting productivity and equality, a chapter summarising developments and providing projections for each individual country and a statistical annex.

 

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Austria

A gradual recovery is underway. For the first time since 2011, growth is projected to exceed 1% in 2016 and to strengthen further in 2017. The recent tax reform will boost private consumption. Investment growth has turned positive and is expected to strengthen further on the back of historically low interest rates and low oil prices.

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