Putting the economy on a more prudent path
Washington D.C.
25 June 2024, 2:30pm oe.cd/USA-snap
Growth is expected to slow modestly next year
Source: OECD Economic Outlook Database.
Managing fiscal pressures
Source: OECD Analytical Database.
Projected gross public debt % of GDP Note: Projections assume that
Note: Fiscal year 2025 runs from October 2024 to September 2025. Source: OECD Analytical Database.
Source: OECD Health Statistics.
General government total revenues % of GDP, 2023
Sustaining mediumterm economic growth
Stronger productivity would support medium-term economic growth and jobs
Contributions to GDP growth
Percentage points at annual rates
Source: OECD Analytical Database.
Telecommunication prices
Minimum monthly retail price among 4G/5G plans with at least 1000 mins, 100 gigabytes and 10 mbits /s speed, USD, first quarter 2024
Net number of restrictive trade policy interventions by the United States against specific counterparty Number
Other countries in top 10 US trading partners China
Net childcare costs
% of average earnings, 2021
Measures to support economically disadvantaged students would help reverse declining educational outcomes
Average PISA score in mathematics Score
Achieving the climate transition
Recent policies mark a major acceleration in efforts to reduce greenhouse gas emissions
Greenhouse gas emissions
Carbon dioxide (CO2) equivalent, Billion tons
Emission reduction targets
Historical emissions
Trajectory to 2030 based on current policy Note:
Source:
Focused active labour market policies would support workers transitioning out of carbon-intensive industries
Fossil fuel employment % of total employment, 2022
3 to 4.5%
2 to 2.9%
1 to 1.9%
0 to 0.9%
Source: Bureau of Economic Analysis, OECD calculations.
Disclaimers:
The statistical data for Israel are supplied by and under the responsibility of the relevant Israeli authorities. The use of such data by the OECD is without prejudice to the status of the Golan Heights, East Jerusalem and Israeli settlements in the West Bank under the terms of international law. This document and any map included herein are without prejudice to the status of or sovereignty over any territory, to the delimitation of international frontiers and boundaries and to the name of any territory, city or area.