Both Spain and the members of the Organization for Economic Co-operation and Development (OECD) recorded a contraction of Gross Domestic Product (GDP) in 2020, followed by a remarkable high growth in the following year. The positive trend continued in 2023, with the Spanish economy growing 2.5 percent, while the OECD members recorded a 1.67 percent.

This table presents Gross Domestic Product (GDP) and its main components according to the expenditure approach. Data is presented as growth rates. In the expenditure approach, the components of GDP are: final consumption expenditure of households and non-profit institutions serving households (NPISH) plus final consumption expenditure of General Government plus gross fixed capital formation (or investment) plus net trade (exports minus imports).

When using the filters, please note that final consumption expenditure is shown separately for the Households/NPISH and General Government sectors, not for the whole economy. All other components of GDP are shown for the whole economy, not for the sector breakdowns.
The data is presented for G20 countries individually, as well as the OECD total, G20, G7, OECD Europe, United States - Mexico - Canada Agreement (USMCA), European Union and euro area.

These indicators were presented in the previous dissemination system in the QNA dataset.

See User Guide on Quarterly National Accounts (QNA) in OECD Data Explorer: QNA User guide
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OECD statistics contact: STAT.Contact@oecd.org

GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

The average weekly gross domestic product (GDP) growth rate in the OECD countries peaked during the first week of April 2021, when it reached a growth rate of 20.3 percent. From April 2021 onwards, however, it started to decrease sharply. Between November 2021 and April 2022, the average weekly GDP growth rate in the OECD countries maintained a relatively stable level but started a gradual decrease from April 2022 to December 2022. During the first month of 2023, the GDP growth grate increased notably.

Graph and download economic data for National Accounts: GDP by Expenditure: Constant Prices: Private Final Consumption Expenditure for OECD (OECDNAEXKP02GPSAQ) from Q2 1962 to Q3 2024 about OECD Europe, Europe, expenditures, real, and GDP.

The 1973-1975 recession saw growth rates across Europe and the OECD fall drastically, from an average of around six percent growth in Western Europe and the OECD as a whole in 1973, to negative growth in 1975. Disparities between European and overall growth varied, due to the recession's effect on individual countries. For example, Japan's growth fell to -1 percent in 1974, but recovery then saw growth reach 2.4 percent in 1975, even though the OECD collectively experienced negative growth.

IE: GDP: Growth: Volume: Final Consumption Expenditure: Government: Double Hit Scenario data was reported at 5.719 % in Dec 2021. This stayed constant from the previous number of 5.719 % for Sep 2021. IE: GDP: Growth: Volume: Final Consumption Expenditure: Government: Double Hit Scenario data is updated quarterly, averaging 3.461 % from Jun 1990 (Median) to Dec 2021, with 127 observations. The data reached an all-time high of 52.721 % in Mar 1996 and a record low of -22.241 % in Mar 2004. IE: GDP: Growth: Volume: Final Consumption Expenditure: Government: Double Hit Scenario data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Ireland – Table IE.OECD.EO: GDP: Growth and Contribution to Growth: Forecast: OECD Member: Quarterly. CGV_ANNPCT - Government final consumption expenditure, volume, growth. Percentage change compared to the previous period. Quarterly growth expressed at annual rate.

China GDP: Growth data was reported at 5.678 % in 2026. This records an increase from the previous number of 5.253 % for 2025. China GDP: Growth data is updated yearly, averaging 10.520 % from Dec 1993 (Median) to 2026, with 34 observations. The data reached an all-time high of 36.342 % in 1994 and a record low of 2.742 % in 2020. China GDP: Growth data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s China – Table CN.OECD.EO: GDP: Growth and Contribution to Growth: Forecast: Non OECD Member: Annual. GDP_ANNPCT - Gross domestic product, nominal value, growthExpenditure approach. Percentage change compared to the previous period. Quarterly growth expressed at annual rate.

According to the forecast published by the OECD Economic Outlook, Hungary's GDP was expected to increase by 6.9 percen in 2021, following the drop caused by the coronavirus (COVID-19) in 2020.

Graph and download economic data for Gross Domestic Product for OECD Members (NYGDPMKTPCDOED) from 1960 to 2023 about OECD Economies and GDP.

This layer is part of SDGs Today. Please see sdgstoday.orgGross Domestic Product (GDP) is one of the most commonly used measures for tracking national accounts and economic activity. Tracking growth over time can provide insights into the growth or decline of a nation’s economic activities following global/national events, policy changes, and other large-scale phenomena.The OECD's quarterly national accounts (QNA) dataset presents GDP growth data collected from all the OECD member countries and some other major economies on the basis of a standardised questionnaire. It contains a wide selection of generally seasonally adjusted quarterly series most widely used for economic analysis from 1960 or whenever available. These indicators include measures such as GDP expenditure/output and industry-based employment rates. All available OECD QNA measurements are made available to the public here.For more information, contact STAT.Contact@oecd.org.

Graph and download economic data for Composite Leading Indicators: Reference Series (GDP) Calendar and Seasonally Adjusted for United States (LORSGPORUSQ659S) from Q1 1948 to Q4 2023 about leading indicator, GDP, and USA.

IE: GDP: Growth: Double Hit Scenario data was reported at 6.291 % in Dec 2021. This records a decrease from the previous number of 7.306 % for Sep 2021. IE: GDP: Growth: Double Hit Scenario data is updated quarterly, averaging 7.760 % from Jun 1990 (Median) to Dec 2021, with 127 observations. The data reached an all-time high of 188.785 % in Mar 2015 and a record low of -54.103 % in Jun 2020. IE: GDP: Growth: Double Hit Scenario data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Ireland – Table IE.OECD.EO: GDP: Growth and Contribution to Growth: Forecast: OECD Member: Quarterly. GDP_ANNPCT - Gross domestic product, nominal value, growthExpenditure approach. Percentage change compared to the previous period. Quarterly growth expressed at annual rate.

Graph and download economic data for Leading Indicators OECD: Reference Series: Gross Domestic Product (GDP): Original Series for the Euro Area (19 Countries) (EA19LORSGPORGYSAM) from Mar 1961 to Aug 2022 about leading indicator, origination, Euro Area, Europe, and GDP.

Slovakia SK: GDP: Growth: Volume: Single Hit Scenario data was reported at 4.189 % in Dec 2021. This records a decrease from the previous number of 5.941 % for Sep 2021. Slovakia SK: GDP: Growth: Volume: Single Hit Scenario data is updated quarterly, averaging 4.176 % from Jun 1992 (Median) to Dec 2021, with 119 observations. The data reached an all-time high of 33.287 % in Dec 1998 and a record low of -35.810 % in Jun 2020. Slovakia SK: GDP: Growth: Volume: Single Hit Scenario data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Slovakia – Table SK.OECD.EO: GDP: Growth and Contribution to Growth: Forecast: OECD Member: Quarterly. GDPV_ANNPCT - Gross domestic product, volume, growth Expenditure approach. Percentage change compared to the previous period. Quarterly growth expressed at annual rate.

Graph and download economic data for Gross Domestic Product for High Income non-OECD Countries (NYGDPMKTPCDNOC) from 1975 to 2014 about Non-OECD, income, and GDP.

Graph and download economic data for National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total for United States (NAEXKP01USQ657S) from Q2 1947 to Q4 2024 about real, GDP, and USA.

Graph and download economic data for National Accounts: GDP by Expenditure: Constant Prices: Exports of Goods and Services for OECD (OECDNAEXKP06GYSAQ) from Q1 1963 to Q3 2024 about OECD Europe, exports, Europe, expenditures, services, real, and GDP.

Graph and download economic data for Gross Domestic Product by Expenditure in Constant Prices: Gross Fixed Capital Formation for the OECD Total Area (DISCONTINUED) (NAEXKP04O1Q659S) from Q1 1963 to Q2 2017 about OECD Economies, fixed capital formation, fixed, capital, gross, real, and GDP.

Graph and download economic data for Consumer Price Index: Total All Items for the OECD Total Area (DISCONTINUED) (CPALTT01O1M657N) from Feb 1970 to Sep 2017 about OECD Economies, all items, CPI, price index, indexes, and price.