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| OECD
December 2020 | IMF
October 2020 | European Commission
November 2020 / January 2021 |
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| 2020 | 2021 | 2022 | 2020 | 2021 | 2020 | 2021 | 2022 | |||
| Key Results
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| Annual change in % | ||||||||||
| Real GDP1 | -8.0 | 1.4 | 2.3 | -6.7 | 4.6 | -7.4 | 2.0 | 5.1 | ||
| Real private consumption | -7.9 | 2.9 | 2.3 | x | x | -7.2 | 5.0 | 2.5 | ||
| Real government consumption | 1.2 | 1.2 | 1.2 | x | x | 1.7 | 1.5 | 0.9 | ||
| Real gross fixed capital formation | -7.0 | 1.9 | 3.2 | x | x | -6.0 | 3.2 | 2.4 | ||
| Real exports | -13.3 | 4.0 | 4.3 | x | x | -11.5 | 5.5 | 3.8 | ||
| Real imports | -12.7 | 3.9 | 4.5 | x | x | -9.4 | 4.8 | 3.1 | ||
| Labour productivity | -5.4 | 1.5 | 0.8 | x | x | -4.6 | 2.6 | 1.4 | ||
| GDP deflator | 0.7 | 1.1 | 1.1 | x | x | 2.0 | 1.9 | 1.6 | ||
| HICP1 | 1.3 | 1.3 | 1.6 | 1.2 | 1.8 | 1.4 | 1.7 | 1.7 | ||
| Unit labor costs | 7.1 | 5.8 | 2.9 | x | x | 6.0 | -2.0 | 0.6 | ||
| Payroll employment | -2.6 | 0.0 | 1.5 | x | x | -2.5 | 1.5 | 1.2 | ||
| % of labour force | ||||||||||
| Unemployment rate | 5.6 | 5.6 | 5.1 | 5.8 | 5.5 | 5.5 | 5.1 | 4.9 | ||
| % of nominal GDP | ||||||||||
| Current account | 2.9 | 3.1 | 3.2 | 2.4 | 2.5 | 2.3 | 2.9 | 3.2 | ||
| General government surplus/deficit | -10.5 | -6.7 | -2.6 | -9.9 | -3.9 | -9.6 | -6.4 | -3.7 | ||
| Conditioning assumptions | ||||||||||
| Oil price in USD/barrel1 | 40.6 | 40.0 | 40.0 | 41.7 | 46.7 | 43.4 | 54.7 | 52.4 | ||
| Short-term interest rate in % | -0.4 | -0.5 | -0.5 | -0.4 | -0.5 | -0.4 | -0.6 | -0.5 | ||
| USD/EUR | 1.14 | 1.17 | 1.17 | 1.14 | 1.23 | 1.14 | 1.21 | 1.21 | ||
| Source: OECD, IMF, European Commission. | ||||||||||
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| last update on 19.02.2021 16:15 |
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