Since the start of the crisis, a growing number of OECD countries have been reporting declining inward and outward FDI, a phenomenon that could be described as ‘investment de-globalisation’. Governments must take immediate and vigorous action to reverse such trends by removing unnecessary barriers and complexities that hinder investment, said OECD Secretary-General.

In a boost for international efforts to strengthen co-operation against offshore tax evasion, seven new countries have joined the agreement to exchange information automatically under the OECD/G20 standard.

Australia should improve the integration of care across the patient pathway to prepare for a rise in chronic disease and make the health system less complex for patients, according to a new OECD report.

This country note provides an environmental tax and carbon pricing profile for Australia. It shows environmentally related tax revenues, taxes on energy use and effective carbon rates.

The Global Forum on Transparency and Exchange of Information for Tax Purposes (the Global Forum) published today the first 10 outcomes of a new and enhanced peer review process aimed at assessing compliance with international standards for the exchange of information on request between tax authorities.

This note presents marginal effective tax rates (METRs) that summarise the tax system’s impact on the incentives to make an additional investment in a particular type of savings. By comparing METRs on different types of household savings, we can gain insights into which assets or savings types receive the most favourable treatment from the tax system.

The Australian standard GST rate is 10.0%, which is below the OECD average. The average VAT/GST¹ standard rate in the OECD was 19.3% as of 1 January 2019. Australia has an extensive list of goods and services that are GST-free. GST was introduced in Australia in 2000 at a standard rate of 10.0% and has remained at this rate throughout.

This country note explains how Australia taxes energy use. The note shows the distribution of effective energy tax rates across all domestic energy use. It also details the country-specific assumptions made when calculating effective energy tax rates and matching tax rates to the corresponding energy base.

The tax wedge for the average single worker in Australia decreased by 1.0 percentage point from 28.9 in 2018 to 27.9 in 2019. The OECD average tax wedge in 2019 was 36.0 (2018, 36.1). In 2019 Australia had the 30th lowest tax wedge among the 36 OECD member countries, occupying the same position in 2018.

Unemployment Rate in Mexico decreased to 2.90 percent in March from 3.60 percent in February of 2020. Unemployment Rate in Mexico averaged 3.74 percent from 1994 until 2020, reaching an all time high of 6.42 percent in September of 2009 and a record low of 2.22 percent in March of 1997. In Mexico, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides the latest reported value for - Mexico Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Ukraine scored 56.99 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum. Competitiveness Index in Ukraine averaged 16.02 Points from 2007 until 2019, reaching an all time high of 57.03 Points in 2018 and a record low of 3.90 Points in 2011. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. The report is made up of 98 variables, from a combination of data from international organizations as well as from the World Economic Forum’s Executive Opinion Survey. The variables are organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. The GCI varies between 1 and 100, higher average score means higher degree of competitiveness. With the 2018 edition, the World Economic Forum introduced a new methodology, aiming to integrate the notion of the 4th Industrial Revolution into the definition of competitiveness. It emphasizes the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. This page provides the latest reported value for - Ukraine Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Terrorism Index in Ukraine decreased to 5.55 in 2018 from 6.05 in 2017. Terrorism Index in Ukraine averaged 3.06 from 2002 until 2018, reaching an all time high of 7.20 in 2014 and a record low of 0.15 in 2007. The Global Terrorism Index measures the direct and indirect impact of terrorism, including its effects on lives lost, injuries, property damage and the psychological aftereffects. It is a composite score that ranks countries according to the impact of terrorism from 0 (no impact) to 10 (highest impact).

Housing Index in Ukraine increased to 7.90 percent in the fourth quarter of 2019 from 6.40 percent in the third quarter of 2019. Housing Index in Ukraine averaged 5.58 percent from 2017 until 2019, reaching an all time high of 7.90 percent in the fourth quarter of 2019 and a record low of 2.20 percent in the first quarter of 2017. In Ukraine, Housing Index is measured by the annual change in the House Prices Index of New Housing. This page provides - Ukraine Housing Index- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Sales Tax Rate in Ukraine stands at 20 percent. In Ukraine, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Ukraine. This page provides - Ukraine Sales Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The transportation sub-index of the CPI basket in Mexico decreased to 95 points in April of 2020 from 102.25 points in March of 2020. CPI Transportation in Mexico averaged 43.80 points from 1981 until 2020, reaching an all time high of 105.61 points in January of 2020 and a record low of 0.06 points in January of 1981. This page provides - Mexico Cpi Transportation- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Japan is poised for an economic expansion, but long-term growth prospects remain contingent on additional efforts to revitalise the economy and reduce unsustainable levels of public debt, according to the OECD’s latest Economic Survey of Japan.

Carbon taxes and emission trading systems are the most cost-effective means of reducing CO2 emissions, and should be at the centre of government efforts to tackle climate change,according to a new OECD study.

Extended Producer Responsibility (EPR) is increasingly recognised worldwide as an efficient waste management policy to help improve recycling and reduce landfilling of products and materials. This Forum took place on 17-19 June 2014, in Tokyo, Japan, to identify key challenges and opportunities for further developing EPR policies.

It was with immense sadness that I learned of the tragic execution of Kenji at the hands of the terrorists from Islamic State. We strongly condemn this terrible and odious act, as well as other killings carried out by ISIS.

Agriculture is a provider of commodities such as food, feed, fibre and fuel, and it can bring both positive and negative impacts on the environment. Yet most policy measures target farm systems, inputs and practices and agricultural infrastructure (driving forces) rather than the provision of agri-environmental public goods (environmental outcomes).

This country note provides an environmental tax and carbon pricing profile for Japan. It shows environmentally related tax revenues, taxes on energy use and effective carbon rates.

The fourth annual edition of Revenue Statistics in Asian Countries covers seven countries, including Kazakhstan for the first time. It shows that the tax-to-GDP ratio in all these countries are lower than the OECD average of 34.3% in 2015, which highlights that scope remains for increasing tax mobilisation, especially in Indonesia, Kazakhstan, Malaysia and the Philippines to achieve sustainable growth.

This note presents marginal effective tax rates (METRs) that summarise the tax system’s impact on the incentives to make an additional investment in a particular type of savings. By comparing METRs on different types of household savings, we can gain insights into which assets or savings types receive the most favourable treatment from the tax system.

The Japanese standard VAT (CT) rate is 8.0%, which is below the OECD average. The average VAT/GST¹ standard rate in the OECD was 19.3% as of 1 January 2019. The previous standard VAT rate in Japan was 5% in 2013. It changed to the current level in 2014. Japan does not have any reduced rates.

International efforts to improve transparency via automatic exchange of information on financial accounts are improving tax compliance and delivering concrete results for governments worldwide, according to new data released today by the OECD.

This country note explains how Japan taxes energy use. The note shows the distribution of effective energy tax rates across all domestic energy use. It also details the country-specific assumptions made when calculating effective energy tax rates and matching tax rates to the corresponding energy base.

The tax wedge for the average single worker in Japan remained the same at 32.7 percentage points between 2018 and 2019. The OECD average tax wedge in 2019 was 36.0 (2018, 36.1). In 2019 Japan had the 26th lowest tax wedge among the 36 OECD member countries, occupying the same position in 2018.

Private Debt To GDP in Luxembourg decreased to 485.07 percent in 2018 from 488.87 percent in 2017. Private Debt To GDP in Luxembourg averaged 351.89 percent from 1999 until 2018, reaching an all time high of 488.87 percent in 2017 and a record low of 165.68 percent in 2000. Private sector debt to GDP measures the indebtedness of both sectors, non-financial corporations and households and non-profit institutions serving households, as a percentage of GDP. This page provides - Luxembourg Private Debt To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Luxembourg recorded a government budget surplus of 1600 EUR Million in 2018. Government Budget Value in Luxembourg averaged 587.22 EUR Million from 1995 until 2018, reaching an all time high of 1600 EUR Million in 2018 and a record low of -358.40 EUR Million in 2004. The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides - Luxembourg Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Revenues in Luxembourg increased to 26788.30 EUR Million in 2018 from 24525.60 EUR Million in 2017. Government Revenues in Luxembourg averaged 15166.20 EUR Million from 1995 until 2018, reaching an all time high of 26788.30 EUR Million in 2018 and a record low of 6838.20 EUR Million in 1995. Government Revenues refer to all receipts the government gets, including taxes, custom duties, revenue from state-owned enterprises, capital revenues and foreign aid. Government Revenues are part of government budget balance calculation. This page provides - Luxembourg Government Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Luxembourg scored 80 points out of 100 on the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Index in Luxembourg averaged 83.36 Points from 1995 until 2019, reaching an all time high of 90 Points in 2002 and a record low of 68.50 Points in 1995. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory’s score indicates the perceived level of public sector corruption on a scale of 0 (highly corrupt) to 100 (very clean). This page provides the latest reported value for - Luxembourg Corruption Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Sales Tax Rate in Luxembourg stands at 17 percent. Sales Tax Rate in Luxembourg averaged 15.57 percent from 2000 until 2020, reaching an all time high of 17 percent in 2015 and a record low of 15 percent in 2001. In Luxembourg, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Luxembourg. This page provides - Luxembourg Sales Tax Rate | VAT - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Banks Balance Sheet in Luxembourg increased to 1182739 EUR Million in November from 1166878 EUR Million in October of 2019. Banks Balance Sheet in Luxembourg averaged 1004696 EUR Million from 2001 until 2019, reaching an all time high of 1345434 EUR Million in October of 2008 and a record low of 711466 EUR Million in January of 2001. This page provides the latest reported value for - Luxembourg Banks Balance Sheet - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Industrial Production in Luxembourg decreased 7.40 percent in November of 2019 over the same month in the previous year. Industrial Production in Luxembourg averaged 0.10 percent from 1980 until 2019, reaching an all time high of 10.80 percent in August of 1995 and a record low of -11.10 percent in January of 2000. In Luxembourg, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities. This page provides - Luxembourg Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Luxembourg was worth 72.10 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Luxembourg represents 0.06 percent of the world economy. GDP in Luxembourg averaged 21.29 USD Billion from 1960 until 2019, reaching an all time high of 72.10 USD Billion in 2019 and a record low of 0.70 USD Billion in 1961. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides the latest reported value for - Luxembourg GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The total population in Luxembourg was estimated at 0.6 million people in 2019, according to the latest census figures and projections from Trading Economics. Looking back, in the year of 1960, Luxembourg had a population of 0.3 million people. The population of Luxembourg represents 0.01 percent of the world´s total population which arguably means that one person in every 13423 people on the planet is a resident of Luxembourg. This page provides - Luxembourg Population - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Luxembourg expanded 3.10 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Luxembourg averaged 3.50 percent from 1996 until 2019, reaching an all time high of 12.10 percent in the first quarter of 2000 and a record low of -7 percent in the second quarter of 2009. On the expenditure side, external balance of exports and imports is the main component of GDP and accounts for 35 percent of its total use, as exports of goods and services account for 200 percent while imports account for 165 percent. It is followed by household consumption (30 percent of GDP) gross fixed capital formation (18 percent) and government expenditure (17 percent). This page provides - Luxembourg GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Hospital Beds in Luxembourg decreased to 4.51 per 1000 people in 2018 from 4.66 per 1000 people in 2017. Hospital Beds in Luxembourg averaged 5.30 per 1000 people from 2004 until 2018, reaching an all time high of 6.39 per 1000 people in 2004 and a record low of 4.51 per 1000 people in 2018. This page includes a chart with historical data for Luxembourg Hospital Beds.

Hospitals in Luxembourg decreased to 16.45 per one million people in 2018 from 16.77 per one million people in 2017. Hospitals in Luxembourg averaged 23.79 per one million people from 2005 until 2018, reaching an all time high of 30.10 per one million people in 2005 and a record low of 16.45 per one million people in 2018. This page includes a chart with historical data for Luxembourg Hospitals.

Medical Doctors in Luxembourg increased to 3.31 per 1000 people in 2017 from 3.10 per 1000 people in 2016. Medical Doctors in Luxembourg averaged 3.02 per 1000 people from 2004 until 2017, reaching an all time high of 3.31 per 1000 people in 2017 and a record low of 2.72 per 1000 people in 2004. This page includes a chart with historical data for Luxembourg Medical Doctors.

Nurses in Luxembourg remained unchanged at 11.98 per 1000 people in 2017 from 11.98 per 1000 people in 2016. Nurses in Luxembourg averaged 11.78 per 1000 people from 2007 until 2017, reaching an all time high of 12.28 per 1000 people in 2012 and a record low of 10.83 per 1000 people in 2007. This page includes a chart with historical data for Luxembourg Nurses.

The Consumer Price Index in Luxembourg decreased 0.65 percent in March of 2020 over the previous month. Inflation Rate Mom in Luxembourg averaged 0.16 percent from 1995 until 2020, reaching an all time high of 1.90 percent in February of 2013 and a record low of -1.66 percent in January of 1999. Inflation Rate MoM measures month over month change in the price of goods and services. This page provides - Luxembourg Inflation Rate MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.

ICU Beds in Luxembourg averaged 430.98 per 100K people from 2004 until 2015, reaching an all time high of 502.28 per 100K people in December of 2004 and a record low of 395.70 per 100K people in December of 2012. This page includes a chart with historical data for Luxembourg ICU Beds.

Housing Index in Luxembourg increased to 137.56 points in the fourth quarter of 2019 from 134.37 points in the third quarter of 2019. Housing Index in Luxembourg averaged 94.83 points from 2007 until 2019, reaching an all time high of 137.56 points in the fourth quarter of 2019 and a record low of 72.67 points in the first quarter of 2007. In Luxembourg, the House Price Index measures residential property market prices. The HPI captures price changes of all kinds of residential property purchased by households (flats, detached houses, terraced houses, etc.), both new and existing. Only market prices are considered, self-build dwellings are therefore excluded. The land component of the residential property is included. This page provides - Luxembourg House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Unemployment Rate in Luxembourg increased to 6.10 percent in March from 5.50 percent in February of 2020. Unemployment Rate in Luxembourg averaged 3.79 percent from 1982 until 2020, reaching an all time high of 7.20 percent in May of 2014 and a record low of 1.40 percent in March of 1991. In Luxembourg, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides the latest reported value for - Luxembourg Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Employment Rate in Luxembourg remained unchanged at 67.90 percent in the fourth quarter of 2019 from 67.90 percent in the third quarter of 2019. Employment Rate in Luxembourg averaged 64.06 percent from 1992 until 2019, reaching an all time high of 68.30 percent in the second quarter of 2019 and a record low of 58.50 percent in the second quarter of 1995. In Luxembourg, the employment rate measures the number of people who have a job as a percentage of the working age population. This page provides - Luxembourg Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The transportation sub-index of the CPI basket in Luxembourg decreased to 100.24 points in April of 2020 from 101.69 points in March of 2020. CPI Transportation in Luxembourg averaged 101.90 points from 2015 until 2020, reaching an all time high of 105.94 points in January of 2020 and a record low of 98.21 points in February of 2016. This page provides - Luxembourg Cpi Transportation- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cpi Housing Utilities in Luxembourg decreased to 103.52 points in April from 105.45 points in March of 2020. Cpi Housing Utilities in Luxembourg averaged 101.92 points from 2015 until 2020, reaching an all time high of 107.16 points in January of 2020 and a record low of 97.48 points in April of 2016. This page provides - Luxembourg Cpi Housing Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Luxembourg recorded 3871 Coronavirus Cases since the epidemic began, according to the World Health Organization (WHO). In addition, Luxembourg reported 100 Coronavirus Deaths. This page includes a chart with historical data for Luxembourg Coronavirus Cases.

Luxembourg recorded 100 Coronavirus Deaths since the epidemic began, according to the World Health Organization (WHO). In addition, Luxembourg reported 3871 Coronavirus Cases. This page includes a chart with historical data for Luxembourg Coronavirus Deaths.