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Major components of demand in the ECE market economies, 1996-1997

Percentage change over preceding year)

 

Private consumption

Government consumption

Gross fixed investment

Stock
building a

Total domestic demand

Exports

Imports

Net exports a

 

1996

1997

1996

1997

1996

1997

1996

1997

1996

1997

1996

1997

1996

1997

1996

1997

Western Europe

2.4

2.1

1.9

0.9

1.6

2.4

-0.4

0.4

1.7

2.3

5.5

9.0

4.3

8.1

0.3

0.4

European Union

2.0

2.0

1.5

0.7

1.1

2.1

-0.3

0.4

1.4

2.2

4.8

8.7

3.7

7.8

0.3

0.4

4 major countries

2.0

1.7

1.8

0.6

0.8

-0.3

0.6

1.2

1.9

4.1

8.6

3.0

7.7

0.3

0.4

France

2.1

0.9

1.7

1.6

-0.5

0.2

-0.5

0.1

1.0

1.0

4.8

11.3

2.8

6.6

0.6

1.4

Germany

1.4

0.2

2.6

-0.4

-1.2

0.2

-0.3

1.1

0.8

1.2

5.1

10.7

2.8

7.0

0.6

1.0

Italy

1.1

2.3

0.5

-0.7

0.4

0.6

-0.3

1.0

0.5

2.5

-0.6

6.5

-1.7

11.9

0.2

-0.9

United Kingdom

3.6

4.2

2.0

2.3

1.8

2.7

-0.2

-0.1

2.7

3.5

6.8

4.9

8.4

5.6

-0.5

-0.3

17 smaller countries

3.2

3.0

2.0

1.4

4.9

5.6

-0.6

-0.1

2.7

3.1

8.3

9.8

7.0

8.8

0.3

0.3

Austria

2.4

0.5

0.1

0.8

2.4

2.8

-0.6

0.1

1.4

1.2

9.3

6.5

8.7

4.8

0.2

0.8

Belgium

1.3

1.0

1.8

0.7

0.6

3.8

-0.1

0.2

1.1

1.7

3.2

4.9

2.8

4.5

0.4

0.5

Cyprus

2.5

-1.1

11.9

7.1

2.2

-5.2

-0.5

-0.2

3.2

-0.7

3.5

0.2

5.6

-4.5

-1.4

2.6

Denmark

2.6

4.0

2.4

2.0

7.5

7.2

-0.7

0.6

2.6

4.7

2.3

4.5

2.1

8.6

0.2

-1.4

Finland

3.8

3.1

3.5

-0.3

8.4

11.3

-0.7

0.3

3.7

4.3

3.9

13.5

4.3

9.3

0.2

2.1

Greece

2.3

2.3

0.5

2.5

9.4

11.7

1.0

1.2

3.8

4.7

0.2

3.7

3.9

6.7

-1.8

-2.0

Iceland

6.4

5.2

1.4

2.2

23.5

19.8

-0.7

7.1

7.1

10.0

4.0

16.6

10.3

-1.6

-2.0

Ireland

6.3

6.5

2.9

2.5

15.9

13.5

0.8

-0.1

8.4

7.1

10.0

13.0

11.4

12.3

0.6

2.5

Israel

5.2

3.3

5.5

1.8

6.8

-6.7

0.4

0.5

6.0

1.2

5.0

7.5

8.4

3.4

-2.5

0.7

Luxembourg

1.9

2.8

3.3

3.9

-1.7

8.0

0.6

-0.2

1.8

4.0

2.3

4.6

1.0

5.2

1.5

0.1

Malta

6.0

2.8

8.0

0.1

-4.9

-5.5

0.8

-4.0

4.6

-3.7

-5.0

3.7

-4.9

-6.1

-0.2

6.4

Netherlands

3.0

3.1

1.2

2.1

6.1

6.1

-0.3

3.4

3.3

4.5

5.8

5.3

6.3

-0.1

0.2

Norway

4.7

3.0

3.3

2.5

4.8

15.1

-0.5

0.6

3.7

6.2

10.0

4.1

6.5

11.9

1.9

-2.2

Portugal

2.2

2.6

1.6

1.8

7.7

9.0

-0.1

3.4

4.1

7.7

8.3

7.5

8.7

-0.8

-1.2

Spain

1.9

3.1

0.1

0.7

0.9

4.7

-0.1

-0.4

1.4

2.7

9.9

12.9

6.2

10.1

0.9

0.7

Sweden

1.3

2.0

-0.2

-2.4

3.7

-0.6

-1.1

0.5

0.1

0.9

6.1

10.9

3.7

10.1

1.2

1.2

Switzerland

0.7

0.9

0.7

-0.3

-2.7

-1.5

-0.1

-0.1

-0.2

0.1

2.5

8.2

2.4

6.7

0.6

Turkey

9.3

6.0

8.6

4.7

13.5

6.6

-3.1

-0.7

7.2

5.4

21.7

17.5

19.0

13.4

-0.2

0.5

North America

2.6

3.3

-0.1

1.1

7.2

6.8

-0.1

0.6

2.8

4.2

8.1

12.1

8.8

14.2

-0.2

-0.5

Canada

2.4

3.9

-1.3

-0.1

4.8

11.4

-0.9

0.7

1.1

5.1

5.7

8.6

5.2

13.4

0.3

-1.4

United States

2.6

3.3

1.2

7.4

6.4

0.6

3.0

4.1

8.3

12.4

9.1

14.3

-0.2

-0.5

Total above

2.5

2.7

0.9

1.0

4.4

4.6

-0.3

0.5

2.2

3.2

6.8

10.6

6.6

11.1

-0.1

Memorandum item:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Japan

2.9

1.4

1.5

0.8

9.5

-4.2

0.1

-0.1

4.8

-0.5

3.5

10.9

11.5

-0.1

-0.8

1.4

Total above,
including Japan

2.5

2.5

1.0

1.0

5.2

3.2

-0.2

0.4

2.6

2.7

6.3

10.6

7.4

9.4

0.1

Source: National statistics and OECD Economic Outlook (Paris), December 1997.
Note: All aggregates exclude Israel.
a Percentage point contribution to annual GDP growth.


© United Nations Economic Commissions for Europe – 2013