Economic Outlook No 117 — Trend employment coefficient by country
The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the...
What the numbers show
Economic Outlook No 117 — Trend employment coefficient is currently reported for 29 countries. The highest value is 1.75 in Luxembourg; the lowest is 0.9847 in Belgium.
The median across all reporting countries is 1.04, and the mean is 1.07.
The gap between the highest and lowest reporting country is a factor of about 2.
Over the past decade 18 countries rose and 9 fell. The largest increase was in Bulgaria (up 5.6%), and the largest decrease in Romania (down 3.9%).
Economic Outlook No 117 — Trend employment coefficient: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | Luxembourg | 1.75 | 2026 | up 4.2% | rising |
| 2 | Greece | 1.2 | 2026 | up 0.1% | rising |
| 3 | Bulgaria | 1.2 | 2026 | up 5.6% | flat |
| 4 | Denmark | 1.11 | 2026 | up 2.4% | rising |
| 5 | Italy | 1.1 | 2026 | up 0.2% | rising |
| 6 | Switzerland | 1.1 | 2026 | up 1.5% | flat |
| 7 | Romania | 1.09 | 2026 | down 3.9% | falling |
| 8 | Germany | 1.07 | 2026 | down 1.7% | flat |
| 9 | Israel | 1.06 | 2026 | down 1.0% | flat |
| 10 | Finland | 1.06 | 2026 | up 1.5% | rising |
| 11 | France | 1.06 | 2026 | up 1.3% | rising |
| 12 | Austria | 1.06 | 2026 | up 1.7% | flat |
| 13 | United States of America | 1.05 | 2026 | up 2.4% | flat |
| 14 | Czechia | 1.04 | 2026 | down 1.3% | flat |
| 15 | Sweden | 1.04 | 2026 | up 2.0% | flat |
| 16 | Norway | 1.04 | 2026 | up 1.4% | flat |
| 17 | Portugal | 1.03 | 2026 | down 2.6% | flat |
| 18 | Hungary | 1.02 | 2026 | up 1.9% | flat |
| 19 | Spain | 1.01 | 2026 | down 2.6% | falling |
| 20 | Ireland | 1 | 2026 | up 0.1% | flat |
| 21 | Japan | 1 | 2026 | down 0.0% | flat |
| 21 | Australia | 1 | 2026 | unchanged | flat |
| 21 | Iceland | 1 | 2026 | unchanged | flat |
| 21 | Chile | 1 | 2026 | down 0.0% | flat |
| 21 | Canada | 1 | 2026 | down 0.0% | flat |
| 21 | United Kingdom of Great Britain and Northern Ireland | 1 | 2026 | up 0.0% | flat |
| 27 | Mexico | 0.9928 | 2026 | up 0.6% | falling |
| 28 | New Zealand | 0.9921 | 2026 | up 0.1% | flat |
| 29 | Belgium | 0.9847 | 2026 | up 0.2% | flat |
Regions and income groups
Aggregates are excluded from the country ranking above so that a region can never outrank a country.
- Slovenia 1.11
- Croatia 1.07
- Netherlands 1.06
- Korea 1
- Lithuania 1.03
- Slovak Republic 0.9281
- Poland 1.01
- Türkiye 1
- Estonia 0.9815
About this data
The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2025), OECD Economic Outlook No 117 (Edition 2025/1) EO117 Database documentation EO117 Last historical points gdp inflation cpi population unemployment real gdp gdp per capita employment OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact : eco.outlook@oecd.org Keywords : Outlook, forecasts, forecast, GDP