Key Indicators

CHART: The economy/past and future (percent change; OECD forecast) 1982 1983 1984 1985 1986 United States

Real GNP growth

Unemployment

Inflation -2.1 3.7 6.8 3.25 2.75

9.7 9.6 7.5 7.25 7.25

6.0 3.8 3.8 3.5 3.5 Japan

Real GNP growth

Unemployment

Inflation

3.3 3.4 5.8 5.25 4.5

2.4 2.6 2.7 2.5 2.5

1.7 0.5 0.6 1.25 2.0 West Germany

Real GNP growth

Unemployment

Inflation -1.0 1.3 2.6 2.5 2.75

6.7 8.2 8.3 8.25 8.0

4.6 3.2 1.9 2.25 2.25 France

Real GNP growth

Unemployment

Inflation

2.0 0.7 1.7 1.25 2.0

8.0 8.1 9.3 10.25 11.25

12.5 9.5 6.9 5.75 4.5 United Kingdom

Real GNP growth

Unemployment

Inflation

2.3 3.1 2.4 3.25 2.5 11.0 11.6 11.7 12.0 11.75

7.2 5.2 4.1 4.5 4.75 Italy

Real GNP growth

Unemployment

Inflation -0.5 -0.4 2.6 2.25 1.75

9.1 9.9 10.4 10.75 11.0 17.8 15.3 10.7 7.75 7.25 Canada

Real GNP growth

Unemployment

Inflation -4.4 3.3 4.7 3.25 3.25 11.1 11.9 11.3 11.0 10.75 10.3 5.5 3.0 2.5 3.25 Total OECD

Real GNP growth

Unemployment

Inflation -0.3 2.7 4.9 3.25 2.75

8.3 8.8 8.4 8.25 8.5

7.2 5.2 4.7 4.5 4.5 Inflation calculated as GNP deflator CHART: Who's spending the most? (Government expenditures as percentage of GDP) 1. Sweden 62.2 2. Netherlands 58.3 3. Denmark 58.2 4. Belgium 53.5 5. Italy 51.5 6. Ireland 50.5 7. France 47.5 8. Luxembourg 45.7 9. Norway 45.6 10. Austria 44.8 11. W. Germany 44.4 12. Britain 44.3 13. Canada 42.2 14. Greece 38.3 15. Portugal 37.5 16. United States 36.9 17. Finland 36.1 18. Australia 32.7 19. Spain 31.8 20. Switzerland 30.8 21. Iceland 27.6 22. Japan 27.3 23. New Zealand (N.A.) 24. Turkey (N.A.) CHART: Who has the least and most women working? (as a percentage of labor force)

Most 1. Sweden 76.7% 2. Denmark 74.1% 3. Finland 73.5% 4. Norway 66.1% 5. United States 61.7% 6. Canada 60.1%

Least 19. Italy 40.9% 20. Netherlands 40.3% 21. Greece 36.7% 22. Ireland 34.9% 23. Spain 33.2% 24. Turkey (N.A.) Graph:Manufacturing labor costs: how four nations stack up (Relative competitive position; index in US dollar terms; 1980 = 100)

Fall indicates improvement in competitive position Forecasts United States West Germany Japan United Kingdom 80 90 100 110 120 130 140 150 74 75 76 77 78 79 80 81 82 83 84 85 86 CHART: Who spends most on R & D? (Public and private spending as percentage of GDP) 1. United States 2.7% 2. West Germany 2.6% 3. Japan 2.3% 4. United Kingdom 2.3% 5. Switzerland 2.3% 6. Sweden 2.2% Graph:How much do major OECD nations spend on social services? Social expenditure and other public expenditure as a percent of GDP 60 65 70 75 80 81 17 18 19 20 21 22 23 24 % % 12 13 14 15 16 17 18 19 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 19071 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 GRAPH: Who has the best trade balance in high technology? (as percent of GDP) Japan United States Europe 4.0 3.0 2.0 1.0 0 62 64 66 68 70 72 74 76 78 80 82 30{et