% change from preceding year

Country 1990 1991 1992 1993 1994{1}

United States 5.4 4.2 3.0 3.0 2.9

Japan 3.1 3.3 1.7 1.3 0.0

Germany{2} 2.7 3.5 4.0 4.1 3.0

France 3.4 3.2 2.4 2.1 1.7

United Kingdom 9.5 5.9 3.7 1.6 2.4

Canada 4.8 5.6 1.5 1.8 0.2

Italy 6.1 6.5 5.3 4.2 3.7

Austria 3.3 3.3 4.0 3.6 3.2

Belgium 3.4 3.2 2.4 2.8 2.4

Denmark 2.7 2.4 2.1 1.3 2.2

Finland 6.1 4.3 2.9 2.2 1.9

Greece 20.4 19.5 15.9 14.4 11.1

Iceland 15.9 6.8 3.7 4.1 0.8

Ireland 3.3 3.2 3.1 1.4 2.7

Luxembourg 3.7 3.1 3.2 3.0 3.7

Netherlands, The 2.5 3.9 3.7 2.0 2.1

Norway 4.1 3.4 2.3 2.2 1.6

Portugal 13.4 11.4 8.9 5.8 4.8

Spain 6.7 5.9 5.9 4.6 4.8

Sweden 10.5 9.3 2.3 4.6 2.6

Switzerland 5.4 5.8 4.0 3.1 0.5

Turkey 60.3 66.0 70.1 66.1 107.5

Australia 7.3 3.2 1.0 1.8 1.7

New Zealand 6.1 2.6 1.0 1.3 1.1

OECD Total 5.8 5.2 4.0 3.6 4.2

{1}Twelve-month rate of change in August 1994. {2}Western Germany only.

Sources: International Monetary Fund, OECD, The Economist.