In 2020, the OECD’s GDP will return to its 2015 level: What had driven the GDP growth since 2015?

We expect the OECD ’s GDP to fall by nearly 7% in 2020: this will return it to its 2015 level. To understand what will be lost , we have to look at what had enabled the OECD’s GDP to grow since 2015. Between 2015 and 2019: Employment rose by 7.6%; The real per capita wage rose by 4.8%; Corporate earnings rose by 3.5% in real terms; Public spending rose by 7.1% in real terms. We see that the increase in GDP from 2015 to 2019 primarily benefited wage earners, thanks to the increase in employment, and governments, thanks to the increase in public spending. The fall in GDP in 2020 could therefore also primarily negatively affect wage earners and governments.