Big Spenders
The top 5 big spenders in my sample of 26/30 OECD countries for the year 2006…consumers that is:
- Greece
- USA
- Turkey
- Portugal
- UK
This is the share of C (private consumptions spending on durables, nondurables, and services) out of Y = C + I + G + NX. I chose 2006 to view pre-recession saving and consumption trends, but it will be interesting to see how these figures change five years down the road!
Note: The source data is the OECD’s Main Economic Indicator database
Originally published at News N Economics and reproduced here with the author’s permission.
