2019 OECD Economic Outlook, Volume 2019 Issue 1

image of OECD Economic Outlook, Volume 2019 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 the effects of digitalisation on productivity and a chapter summarising developments and providing projections for each individual country.

English Also available in: French, German


Economic activity will pick up modestly, supported by domestic demand. Consumption is set to strengthen on the back of robust remittances, lower inflation and higher social transfers. Announced infrastructure investment plans will also add to growth, but restraints on current spending will partly offset these effects. Policy uncertainty will continue to restrain private investment. The decline in oil activity will remain a drag on growth. Overall, growth will be too modest to allow for a reduction in high informality rates.

English Also available in: German, French



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