Output is set to shrink by 8% in 2020 before picking up in 2021 if the current outbreak is overcome and restrictions are gradually lifted from mid‑May (the single‑hit scenario). Select at least one time series to view other relevant data. Projections for these indicators are provided only through 2021. Also available in: Search and explore the world’s largest statistical database to find data. Rises in public spending are largely absent from many countries' national accounts. World and regional statistics, national data, maps and rankings, Discover new signals and insights from leading alternative and fundamental data providers, Latest releases of new datasets and data updates from different sources around the world. You can change your personal cookie settings through your internet browser settings. United States: Trade Deficit Widened to Record $84 Billion in August, IMF Global Growth Projections | Cautious Optimism Amidst COVID-19 Upsurge, Knoema Global Economic Outlook | Q2 2020 Explained, IMF: World Economic Outlook (WEO) Database, October 2020. Leverage our AI Workflow Tools and online data environment to manipulate, visualize, present, and export data. Following six months of coalition negotiations a centre-right coalition was sworn in. Integrate your data with the world’s data in a personalized and collaborative environment, purpose-built to support your organizational objectives. The information about original data source is available only to Professional users. Approval was partially successful, following selected items could not be processed due to error, http://instance.metastore.ingenta.com/content/component/3105a8b4-en, South Georgia and the South Sandwich Islands, Perspectivas Económicas de la OCDE, junio de 2020. Data for the United Kingdom are no longer included in the European Union composites. The description is composed by our digital data assistant. We expect the VVD to become the largest party after the election in March, forming another government led by Mark Rutte.

The information about original data source is available only to registered users. The fall is driven by domestic demand in both scenarios, including private consumption and investments. This issue includes a general assessment of the macroeconomic situation, a series of notes on the macroeconomic and structural policy issues related to the COVID-19 outbreak and a chapter summarising developments and providing projections for each individual country. English The Timorese authorities have revised the compilation methodology of GDP and, under the new classification, oil and gas revenue before September 2019, which was previously classified as export in national accounts, is now classified as primary income. The Outlook … As cases rise further, the Dutch government plans a further round of spending to prop up demand in the recovery period.

Statistics Netherlands (CBS) reports that, as of mid-August, 10 out of the 13 indicators in the Business Cycle Tracer are positioned below their long … Our website uses cookies to improve your online experience. Take a look at. We expect a contraction of 6% in 2020.

The OECD Economic Outlook is the OECD's twice-yearly analysis of the major economic trends and prospects for the next two years. Following six months of coalition negotiations a centre-right coalition was sworn in. If there is a second wave of the virus later in 2020, GDP is expected to decrease by 10% and the rebound will be considerably slower (the double-hit scenario). OECD iLibrary Due to the high level of uncertainty in current global economic conditions, the April 2020 WEO database and statistical tables contain only these indicators: real GDP growth, consumer price … Automatic stabilisers and discretionary spending are supporting businesses and households, pushing the fiscal balance into deficit. The Outlook puts forward a consistent set of projections for output, employment, prices, fiscal and current account balances. Quick data summaries and visualizations on trending industry, political, and socioeconomic topics from Knoema’s database. Are you sure you want to send the dataset for verification? Due to the high level of uncertainty in current global economic conditions, the April 2020 WEO database and statistical tables contain only these indicators: real GDP growth, consumer price index, current account balance, unemployment, per capita GDP growth, and fiscal balance.