Currently, the economic growth and progress of countries is not only supported by structural factors such as the demographic pattern or productivity improvement, but also in new disruptive forces such as digitization, climate change, or populism.
From the Top 5 countries that are ranked in the Bloomberg Drivers & Disrupters Report, Sweden, Denmark, and Australia are the ones that show a more sustainable and stable growth pattern in light of disruptive forces. In contrast, emerging economies are more vulnerable to disruption.
Among the disruptive trends, it is observed that the sectors of an economy with a lower degree of digitization are more susceptible to the risk of automation in employment.
In the OECD area, 14% of jobs face a high risk of automation and 32% of significant transformation. In Spain, it stands at 27.7% and 30.2%, respectively.
Source: Círculo de Empresarios based on Bloomberg, Mckinsey, and OCDE, 2019