Section 4 - Other Economic Indicators

Chart 4.1 Public expenditures on labor market programs as a percent of GDP, 2005-06

Percent

U.S.	0.4%
Canada	1.0%
Australia	1.1%
Japan	0.7%
Republic of Korea	0.4%
New Zealand	0.8%
Austria	2.1%
Denmark	4.3%
France	2.5%
Germany	3.3%
Ireland	1.5%
Italy	1.4%
Netherlands	3.4%
Norway	1.6%
Portugal	2.0%
Spain	2.2%
Sweden	2.5%
U.K.	0.7%

Chart 4.2 Measures of regulation on labor and product markets, 2003

Blue equals labor market
Yellow equals product market

Scale 0-6 from least to most restrictive

U.S.	blue equals 0.7	yellow equals 1.0
Canada	blue equals 1.1	yellow equals 1.2
Mexico	blue equals 3.2	yellow equals 2.2
Australia	blue equals 1.5	yellow equals 0.9
Japan	blue equals 1.8	yellow equals 1.3
Republic of Korea	blue equals 2.0	yellow equals 1.5
New Zealand	blue equals 1.3	yellow equals 1.1
Austria	blue equals 2.2	yellow equals 1.4
Denmark	blue equals 1.8	yellow equals 1.1
France	blue equals 2.9	yellow equals 1.7
Germany	blue equals 2.5	yellow equals 1.4
Ireland	blue equals 1.3	yellow equals 1.1
Italy	blue equals 2.4	yellow equals 1.9
Netherlands	blue equals 2.3	yellow equals 1.4
Norway	blue equals 2.6	yellow equals 1.5
Portugal	blue equals 3.5	yellow equals 1.6
Spain	blue equals 3.1	yellow equals 1.6
Sweden	blue equals 2.6	yellow equals 1.2
U.K.	blue equals 1.1	yellow equals 0.9

Chart 4.3 Share of labor costs taken by tax and social security contributions, 2006

Percent

U.S.	28.9%
Canada	32.1%
Mexico	15.0%
Australia	28.1%
Japan	28.8%
Republic of Korea	18.1%
New Zealand	20.9%
EU-15	42.6%
Austria	48.1%
Denmark	41.3%
France	50.2%
Germany	52.5%
Ireland	23.1%
Italy	45.2%
Netherlands	44.4%
Norway	37.3%
Portugal	36.3%
Spain	39.1%
Sweden	47.9%
U.K.	33.9%

Chart 4.4 Dependency ratios, 2005 and projections to 2025

Blue equals 2005
Yellow equals 2025

Ratio

U.S.	blue equals 0.49		yellow equals 0.58
Canada	blue equals 0.44		yellow equals 0.57
Mexico	blue equals 0.58		yellow equals 0.47
Australia	blue equals 0.48		yellow equals 0.59
Japan	blue equals 0.51		yellow equals 0.68
Republic of Korea	blue equals 0.39		yellow equals 0.47
New Zealand	blue equals 0.51		yellow equals 0.57
EU-15	blue equals 0.50		yellow equals 0.59
Austria	blue equals 0.47		yellow equals 0.56
Denmark	blue equals 0.51		yellow equals 0.60
France	blue equals 0.53		yellow equals 0.62
Germany	blue equals 0.50		yellow equals 0.60
Ireland	blue equals 0.47		yellow equals 0.51
Italy	blue equals 0.51		yellow equals 0.59
Netherlands	blue equals 0.48		yellow equals 0.60
Norway	blue equals 0.52		yellow equals 0.59
Portugal	blue equals 0.48		yellow equals 0.55
Spain	blue equals 0.45		yellow equals 0.55
Sweden	blue equals 0.53		yellow equals 0.64
U.K.	blue equals 0.52		yellow equals 0.59

Chart 4.5 Trade in goods as a percent of GDP, 2005

Percent

U.S.	21%
Canada	61%
Mexico	58%
Australia	32%
Japan	24%
Republic of Korea	69%
New Zealand	44%
Singapore	368%
Austria	83%
Denmark	62%
France	46%
Germany	63%
Ireland	88%
Italy	43%
Netherlands	123%
Norway	54%
Portugal	54%
Spain	43%
Sweden	68%
U.K.	41%