EconoMonitor

The Wilder View

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

consumption_shares.PNG


Originally published at News N Economics and reproduced here with the author’s permission.

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