Wirtschaftsszenario - Government spending

Wirtschaftliche Analyse für den Chemikalien- und Rohstoffmarkt

Wirtschaftsszenario - Government spending

Wirtschaftliche Analyse für den Chemikalien- und Rohstoffmarkt

AUGUST 2021

Government spending

In 2021-Q1, government spending is higher compared to the previous year in all selected countries, reflecting the impact of the measures implemented to alleviate the negative effect of the pandemic crisis. As national restrictions are relaxed and economic activity transits towards normalcy, most countries experienced only a modest change in public spending relative to the last quarter of 2020 (+0.6% on average among OECD countries). Public spending is, however, significantly higher than in the same period of the previous year (+2.5% on average among OECD countries).

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