Make your work easier and more efficient installing the rrojasdatabank  toolbar ( you can customize it ) in your browser. 
Counter visits from more than 160  countries and 1400 universities (details)

The political economy of development
This academic site promotes excellence in teaching and researching economics and development, and the advancing of describing, understanding, explaining and theorizing.
About us- Castellano- Français - Dedication
Home- Themes- Reports- Statistics/Search- Lecture notes/News- People's Century- Puro Chile- Mapuche


                      OECD.-OUTPUT GAPS*
   Deviations of actual GDP from potential GDP as a percentage of
                        potential GDP

                  1981 1982 1983 1984 1985 1986 1987 1988 1989
United States     -1.1 -5.5 -3.8 -0.2  0.2  0.1  0.1  1.2  2.1
Japan              0.9  0.3 -1.0 -0.9 -0.8 -2.0 -1.9  0.2  1.2
Germany           -0.4 -3.2 -3.3 -2.2 -1.8 -1.4 -1.9 -0.6  0.1
France            -0.8  0.6 -0.9 -1.9 -2.4 -2.2 -2.3 -0.4  1.4
Italy              1.6 -0.9 -2.3 -2.7 -2.2 -1.6 -0.7  0.5  1.8
United Kingdom    -3.7 -3.8 -2.1 -2.0 -0.8  1.0  3.5  5.9  5.7
Canada             0.4 -6.0 -5.7 -2.4 -0.3  0.1  1.6  3.8  3.6

Total of above
      countries   -0.6 -3.3 -2.9 -1.1 -0.7 -0.7 -0.4  1.1  2.0

Australia          0.8 -3.2 -5.0 -0.8  0.2 -1.1  0.2  0.8  1.3
Austria           -0.8 -2.1 -2.2 -2.8 -2.2 -2.7 -2.7 -0.5  1.4
Belgium            0.4 -0.1 -1.8 -1.5 -2.4 -2.5 -2.7 -0.6  0.4
Denmark           -3.1 -2.2 -1.7  0.3  2.0  2.9  0.8 -0.3 -1.2
Finland            0.1  0.5  0.3  0.4  0.9  0.6  1.9  4.7  8.2
Greece             0.6 -2.0 -4.0 -3.1 -2.0 -1.8 -3.3 -0.4  1.4
Ireland            2.4  0.5 -1.9 -0.4 -0.1 -3.1 -3.4 -3.8 -0.5
Netherlands       -1.0 -3.0 -2.4 -0.6  0.8  0.8 -0.5 -0.8  0.9
New Zealand       -0.9 -0.1 -2.4  1.8  1.1  0.9  0.5 -1.1 -1.4
Norway**           0.9 -0.7 -0.6  0.6  3.8  4.5  3.0 -0.9 -4.4
Portugal           2.5  2.2 -0.4 -4.7 -4.8 -3.8 -0.9  0.5  2.1
Spain             -2.9 -2.4 -2.2 -2.6 -2.0 -1.3  1.3  3.2  4.4
Sweden            -1.1 -1.5 -1.3  1.3  1.7  2.4  3.7  4.3  4.6
Switzerland        1.9 -0.4 -0.3  0.5  0.9  0.5 -0.7 -1.1  1.0

Total of above
European countries-0.7 -1.8 -2.1 -2.0 -1.5 -0.9 -0.4  1.0  2.0

Total of above
OECD countries    -0.6 -3.1 -2.8 -1.1 -0.6 -0.6 -0.3  1.1  2.0
------------------------------------------------------------------------
                     OECD.-OUTPUT GAPS*
   Deviations of actual GDP from potential GDP as a percentage of
                        potential GDP
                                                     projections
                  1990 1991 1992 1993 1994 1995 1996 1997 1998
United States      1.1 -1.8 -1.0 -0.8  0.3 -0.3 -0.3  0.9  0.6
Japan              2.8  3.3  1.4 -1.0 -2.7 -3.9 -2.8 -3.1 -2.9
Germany            2.1  2.7  2.7 -0.9 -0.6 -0.9 -1.4 -1.2 -0.8
France             1.5  0.2 -0.7 -3.6 -2.6 -2.4 -2.8 -2.3 -1.6
Italy              1.8  1.2 -0.1 -2.1 -1.7 -0.6 -1.6 -2.3 -2.3
United Kingdom     3.7 -0.6 -2.9 -3.2 -1.6 -1.3 -1.4 -0.6  0.0
Canada             1.4 -2.5 -3.8 -3.7 -1.9 -1.9 -2.7 -1.7 -1.1

Total of above
      countries    1.8  0.0 -0.3 -1.4 -1.0 -1.4 -1.3 -0.7 -0.7

Australia         -0.6 -4.5 -4.5 -3.1 -0.7 -0.2  0.2  0.2  0.1
Austria            2.1  1.4  0.5 -1.6 -0.1 -0.2 -1.0 -1.3 -0.9
Belgium            1.7  1.0  0.5 -2.9 -2.5 -2.3 -2.7 -2.4 -1.7
Denmark           -1.6 -2.0 -3.5 -3.8 -1.7 -1.0 -0.9 -0.8 -0.3
Finland            5.9 -3.4 -7.8 -9.7 -6.1 -3.1 -2.3 -0.4  0.3
Greece            -0.7  0.5 -0.3 -2.5 -2.6 -2.6 -2.4 -2.0 -1.5
Ireland            4.0 -0.2 -2.1 -4.7 -4.1 -0.5  0.4  0.7  1.1
Netherlands        2.1  1.5  0.8 -0.9  0.2 -0.2  0.0  0.1  0.3
New Zealand       -3.1 -6.0 -7.1 -4.6 -1.3 -0.6 -0.7 -0.8 -0.4
Norway**          -4.6 -4.8 -4.3 -2.8 -0.7 -0.3  0.6  1.3  1.4
Portugal           3.6  3.3  2.4  0.3 -1.4 -2.0 -1.6 -1.1 -0.6
Spain              4.9  3.9  1.6 -2.0 -2.4 -2.4 -2.7 -2.3 -1.9
Sweden             3.9  1.5 -0.9 -4.0 -2.3 -0.7 -1.2 -1.2 -0.9
Switzerland        2.2  0.9  0.1 -1.2 -1.3 -2.3 -4.1 -4.6 -4.5

Total of above
European countries 2.4  1.1  0.0 -2.3 -1.6 -1.4 -1.8 -1.6 -1.2

Total of above
OECD countries     1.8  0.1 -0.4 -1.6 -1.1 -1.4 -1.4 -0.8 -0.7

________________________________________________________________________
* For further details, see Giorno et al., "Potential output, output gaps
  and structural budget balances", OECD Economic Studies, No. 24, 1995/I
** Mainland Norway
------------------------------------------------------------------------
Source: OECD Economic Outlook, No.61, June 1997
------------------------------------------------------------------------