Chart 4.1 Public expenditures on labor market programs as a percent of GDP, 2003-04

Percent

U.S.

0.5%

Canada

1.1%

Australia

1.1%

Japan

0.8%

Korea

0.4%

New Zealand

1.3%

Austria

2.0%

Denmark

4.4%

France

2.9%

Germany

3.5%

Ireland

2.1%

Netherlands

3.9%

Norway

1.7%

Portugal

2.0%

Spain

2.3%

Sweden

2.5%

U.K.

0.9%


Chart 4.2 Measures of regulation on labor and product markets

Blue equals Labor market
Yellow equals Product market

Scale 0-6 from least to most restrictive

U.S.

blue equals 0.7

yellow equals 1.4

Canada

blue equals 1.1

yellow equals 2.4

Mexico

blue equals 3.2

yellow equals na

Australia

blue equals 1.5

yellow equals 1.6

Japan

blue equals 1.8

yellow equals 2.9

Korea

blue equals 2.0

yellow equals na

New Zealand

blue equals 1.3

yellow equals 1.4

Austria

blue equals 2.2

yellow equals 3.2

Denmark

blue equals 1.8

yellow equals 2.9

France

blue equals 2.9

yellow equals 3.9

Germany

blue equals 2.5

yellow equals 2.4

Ireland

blue equals 1.3

yellow equals 4.0

Italy

blue equals 2.4

yellow equals 4.3

Netherlands

blue equals 2.3

yellow equals 3.0

Norway

blue equals 2.6

yellow equals 2.5

Portugal

blue equals 3.5

yellow equals 4.1

Spain

blue equals 3.1

yellow equals 3.2

Sweden

blue equals 2.6

yellow equals 2.2

U.K.

blue equals 1.1

yellow equals 1.0


Chart 4.3 Share of labor costs taken by tax and social security contributions, 2004

Percent

U.S.

29.6%

Canada

32.3%

Mexico

15.4%

Australia

28.6%

Japan

26.6%

Korea

16.6%

New Zealand

20.7%

Austria

44.9%

Denmark

41.5%

France

47.4%

Germany

50.7%

Ireland

23.8%

Italy

45.7%

Netherlands

43.6%

Norway

36.9%

Portugal

32.6%

Spain

38.0%

Sweden

48.0%

U.K.

31.2%


Chart 4.4 Dependency ratios, 2004

Ratio

U.S.

0.49

Canada

0.45

Mexico

0.60

Australia

0.49

Japan

0.50

Korea

0.39

New Zealand

0.51

EU-15

0.50

Austria

0.47

Denmark

0.51

France

0.54

Germany

0.51

Ireland

0.47

Italy

0.50

Netherlands

0.48

Norway

0.53

Portugal

0.48

Spain

0.46

Sweden

0.54

U.K.

0.52


Chart 4.5 Share of labor costs taken by tax and social security contributions, 2004

Percent

U.S.

19%

Canada

60%

Mexico

55%

Australia

31%

Japan

20%

Korea

62%

New Zealand

44%

Singapore

298%

Austria

77%

Denmark

59%

France

44%

Germany

56%

Ireland

95%

Italy

40%

Netherlands

109%

Norway

48%

Portugal

52%

Spain

42%

Sweden

61%

U.K.

39%