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Malaysia confirms its commitment to implement Automatic Exchange of Financial Account Information

Malaysia today signed the Multilateral Competent Authority Agreement‎, re-confirming its commitment to implement automatic exchange of financial account information in time to commence exchanges in 2018.




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Malaysia’s economic success story and challenges

Malaysia has sustained over four decades of rapid, inclusive growth, reducing its dependence on agriculture and commodity exports to become a more diversified, modern and open economy.




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Fostering inclusive growth in Malaysia

Malaysia has followed a comparatively equitable development path, largely eliminating absolute poverty and greatly reduced ethnic inequality.




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Guatemala strengthens international tax co-operation – ratifies the Convention on Mutual Administrative Assistance in Tax Matters

The President of the Republic of Guatemala, Jimmy Morales, today deposited Guatemala’s instrument of ratification for the Convention on Mutual Administrative Assistance in Tax Matters ("the Convention").




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Brunei Darussalam expands its capacity to fight international offshore tax avoidance and evasion

Today, at the OECD Headquarters in Paris, Her Excellency Datin Paduka Malai Halimah Malai Yussof, Ambassador Extraordinary and Plenipotentiary of Brunei Darussalam to France, signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters in the presence of OECD Deputy Secretary-General, Mr. Masamichi Kono.




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Viet Nam and Palau join the Global Forum on Tax Transparency

Viet Nam and Palau join the international fight against tax evasion by becoming the 159th and 160th member of the Global Forum on Transparency and Exchange of Information for Tax Purposes.




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BEPS Action 14: OECD releases stage 1 peer review reports on dispute resolution for Brunei Darussalam, Curaçao, Guernsey, Isle of Man, Jersey, Monaco, San Marino and Serbia

The work on BEPS Action 14 continues with today's publication of the eighth round of stage 1 peer review reports. Each report assesses a country's efforts to implement the Action 14 minimum standard as agreed to under the OECD/G20 BEPS Project.




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New Zealand Weapons Sales

Weapons Sales in New Zealand increased to 6 USD Million in 2018 from 4 USD Million in 2017. Weapons Sales in New Zealand averaged 8.05 USD Million from 1967 until 2018, reaching an all time high of 75 USD Million in 2012 and a record low of 1 USD Million in 1968. Weapons Sales are presented as a Trend-Indicator Value based on the known unit production costs of a core set of weapons such as aircraft, air defence systems, anti-submarine warfare weapons, armoured vehicles, artillery, engines, missiles, sensors, satellites, ships and others. The indicator aims to represent the transfer value of military resources rather than the financial value of the transfer.




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Iraq Balance of Trade

Iraq recorded a trade surplus of 41524 USD Million in 2018. Balance of Trade in Iraq averaged 10976.96 USD Million from 1988 until 2018, reaching an all time high of 47550 USD Million in 2008 and a record low of -3492 USD Million in 2004. Iraq has been recording trade surpluses since 2005 due to a rise in the shipments of oil (99 percent of total exports). Main imports are: machinery and transport equipment; manufactured articles and mineral fuels. Main trading partners are: United States (25 percent of total exports and 6 percent of imports) and China (12 percent of exports and 14 percent of imports). Others include: Syria, India and South Korea. This page provides - Iraq Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Burundi Banks Balance Sheet

Banks Balance Sheet in Burundi increased to 2799773 BIF Million in October from 2785701.40 BIF Million in September of 2019. Banks Balance Sheet in Burundi averaged 1969860.79 BIF Million from 2015 until 2019, reaching an all time high of 2799773 BIF Million in October of 2019 and a record low of 1447265.50 BIF Million in January of 2016. This page provides - Burundi Banks Balance Sheet- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Italy Banks Balance Sheet

Banks Balance Sheet in Italy increased to 3769560.71 EUR Million in February from 3750270.33 EUR Million in January of 2020. Banks Balance Sheet in Italy averaged 2934036.34 EUR Million from 1995 until 2020, reaching an all time high of 4247044.51 EUR Million in November of 2012 and a record low of 1393773.06 EUR Million in January of 1996. This page provides the latest reported value for - Italy Banks Balance Sheet - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Turkey Banks Balance Sheet

Banks Balance Sheet in Turkey increased to 4678225798 TRY Thousand in February from 4498754472 TRY Thousand in January of 2020. Banks Balance Sheet in Turkey averaged 762529950.36 TRY Thousand from 1986 until 2020, reaching an all time high of 4678225798 TRY Thousand in February of 2020 and a record low of 15859.80 TRY Thousand in January of 1986. This page provides the latest reported value for - Turkey Banks Balance Sheet - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Spain Banks Balance Sheet

Banks Balance Sheet in Spain increased to 2707.20 EUR Billion in February from 2682.50 EUR Billion in January of 2020. Banks Balance Sheet in Spain averaged 1953.57 EUR Billion from 1989 until 2020, reaching an all time high of 3733 EUR Billion in March of 2012 and a record low of 439.60 EUR Billion in January of 1990. This page provides the latest reported value for - Spain Banks Balance Sheet - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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United States Banks Balance Sheet

Banks Balance Sheet in the United States increased to 19729125 USD Million in April 8 from 19717856 USD Million in the previous week. Banks Balance Sheet in the United States averaged 6484902.08 USD Million from 1973 until 2020, reaching an all time high of 19729125 USD Million in April of 2020 and a record low of 697581.70 USD Million in January of 1973. This page provides - United States Banks Balance Sheet - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Germany Banks Balance Sheet

Banks Balance Sheet in Germany increased to 8975.05 EUR Billion in February from 8529.40 EUR Billion in January of 2020. Banks Balance Sheet in Germany averaged 3831.49 EUR Billion from 1950 until 2020, reaching an all time high of 10087.65 EUR Billion in December of 1998 and a record low of 30.82 EUR Billion in June of 1950. This page provides - Germany Central Bank Balance Sheet - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Canada Banks Balance Sheet

Banks Balance Sheet in Canada increased to 6573422 CAD Million in February from 6370523 CAD Million in January of 2020. Banks Balance Sheet in Canada averaged 1171489.87 CAD Million from 1954 until 2020, reaching an all time high of 6573422 CAD Million in February of 2020 and a record low of 10516 CAD Million in April of 1954. This page provides - Canada Banks Balance Sheet - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Brazil Banks Balance Sheet

Banks Balance Sheet in Brazil increased to 6877781.57 BRL Million in January from 6803853.16 BRL Million in December of 2019. Banks Balance Sheet in Brazil averaged 2810548.73 BRL Million from 2000 until 2020, reaching an all time high of 6877781.57 BRL Million in January of 2020 and a record low of 4596.15 BRL Million in August of 2012. This page provides - Brazil Banks Balance Sheet - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Mexico Banks Balance Sheet

Banks Balance Sheet in Mexico increased to 83459512 MXN Million in February from 82402030 MXN Million in January of 2020. Banks Balance Sheet in Mexico averaged 12048596.95 MXN Million from 2000 until 2020, reaching an all time high of 84367340 MXN Million in November of 2019 and a record low of 1171622 MXN Million in April of 2002. This page provides the latest reported value for - Mexico Banks Balance Sheet - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Switzerland Banks Balance Sheet

Banks Balance Sheet in Switzerland increased to 2124644.57 CHF Million in February from 2116896.91 CHF Million in January of 2020. Banks Balance Sheet in Switzerland averaged 1168193.85 CHF Million from 1987 until 2020, reaching an all time high of 2124644.57 CHF Million in February of 2020 and a record low of 595832 CHF Million in December of 1987. This page provides - Switzerland Banks Balance Sheet - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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France Banks Balance Sheet

Banks Balance Sheet in France increased to 10208997 EUR Million in March from 9967881 EUR Million in February of 2020. Banks Balance Sheet in France averaged 6624965.78 EUR Million from 1997 until 2020, reaching an all time high of 10208997 EUR Million in March of 2020 and a record low of 3147124 EUR Million in September of 1997. This page provides the latest reported value for - France Banks Balance Sheet - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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United Kingdom Banks Balance Sheet

Banks Balance Sheet in the United Kingdom increased to 4204845 GBP Million in March from 4066563 GBP Million in February of 2020. Banks Balance Sheet in the United Kingdom averaged 3676330.06 GBP Million from 2010 until 2020, reaching an all time high of 4204845 GBP Million in March of 2020 and a record low of 3342179 GBP Million in September of 2014. This page provides - United Kingdom Banks Balance Sheet - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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South Africa Banks Balance Sheet

Banks Balance Sheet in South Africa increased to 6579309 ZAR Million in March from 6070834 ZAR Million in February of 2020. Banks Balance Sheet in South Africa averaged 2171889.01 ZAR Million from 1986 until 2020, reaching an all time high of 6579309 ZAR Million in March of 2020 and a record low of 114781 ZAR Million in March of 1987. This page provides - South Africa Banks Balance Sheet - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Australia Banks Balance Sheet

Banks Balance Sheet in Australia increased to 5510.55 AUD Billion in the first quarter of 2020 from 4757.86 AUD Billion in the fourth quarter of 2019. Banks Balance Sheet in Australia averaged 1879.47 AUD Billion from 1990 until 2020, reaching an all time high of 5510.55 AUD Billion in the first quarter of 2020 and a record low of 322.97 AUD Billion in the first quarter of 1990. This page provides - Australia Banks Balance Sheet - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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New Zealand not immune from foreign bribery, says OECD

New Zealand must significantly increase its efforts to detect, investigate and prosecute foreign bribery. Since joining the Convention over 12 years ago, New Zealand has not prosecuted any cases of foreign bribery and only four allegations have surfaced to date. Outdated perceptions that New Zealand individuals and companies do not bribe may have also undermined detection efforts.




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Malaysia - OECD Investment Policy Review

The Malaysian government, in partnership with the OECD and ASEAN, has undertaken a review of its investment policies as part of an active programme of investment policy reforms to help revive both foreign and domestic investment.




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G20: Remarks for Session 2 - Framework for Strong, Sustainable and Balanced Growth

We therefore need a “copernician” change in our approach to the growth – inequality nexus: let’s not think growth first, and inequality thereafter but let’s consider both of them, together, in their circularity. In other words, let’s think “Inclusive Growth”, right from the start, and let’s make it another touchstone of our efforts and complement the Pittsburgh tryptic of strong, sustainable and balanced growth!




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Conference on investment treaties: The quest for balance between investor protection and governments’ right to regulate

Paris, 14 March 2016: Organised by the OECD-hosted Freedom of Investment Round-table, this conference will explore how governments are balancing investor protection and how to improve balance through new institutions.




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Portugal Banks Balance Sheet

Banks Balance Sheet in Portugal decreased to 418685.90 EUR Million in February from 420783.90 EUR Million in January of 2020. Banks Balance Sheet in Portugal averaged 251921.96 EUR Million from 1979 until 2020, reaching an all time high of 583296.90 EUR Million in February of 2012 and a record low of 6272.30 EUR Million in January of 1980. This page provides - Portugal Banks Balance Sheet - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Angola Balance of Trade

Angola recorded a trade surplus of 4933 USD Million in the third quarter of 2019. Balance of Trade in Angola averaged 9924.08 USD Million from 2002 until 2019, reaching an all time high of 42932 USD Million in the fourth quarter of 2008 and a record low of 958.33 USD Million in the first quarter of 2015. Angola exports mostly crude oil (more than 90% of total exports) and small quantities of diamonds, coffee, sisal and fish. Angola main exports partners are China (more than 40% of total exports), followed by the United States, India, France, Taiwan, South Africa and Canada. Angola imports machinery and electrical equipment, vehicles and spare parts; medicines, food, textiles and military goods. Portugal is the main supplier of the Angolan economy (18% of total imports) followed by China, United States, Brazil and South Africa. This page provides the latest reported value for - Angola Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Long-Term Care in New Zealand

An overview of the long-term care situation in New Zealand is available here.




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Biobased Chemicals and Bioplastics: Finding the Right Policy Balance

Several OECD countries have published their plans for the development of a future bioeconomy, in which bio-based materials and production techniques will contribute significantly to economic and environmental sustainability. The case for support for bio-based chemicals and plastics therefore warrants serious attention.




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Strengthening the international community’s fight against offshore tax evasion: Australia, Canada, Chile, Costa Rica, India, Indonesia and New Zealand join multilateral agreement to automatically exchange information

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.




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Ukraine Banks Balance Sheet

Banks Balance Sheet in Ukraine decreased to 2031565 UAH Million in February from 2033281 UAH Million in January of 2020. Banks Balance Sheet in Ukraine averaged 1342014.65 UAH Million from 2007 until 2020, reaching an all time high of 2033281 UAH Million in January of 2020 and a record low of 374153.94 UAH Million in February of 2007. This page provides - Ukraine Banks Balance Sheet - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Luxembourg Banks Balance Sheet

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.




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South Africa Trade Balance - Cumulative

Trade Balance - Cumulative in South Africa increased to 12127.31 ZAR Million in March from -2986.13 ZAR Million in February of 2020. Trade Balance - Cumulative in South Africa averaged -64972.52 ZAR Million from 2013 until 2020, reaching an all time high of 12127.31 ZAR Million in March of 2020 and a record low of -198550.91 ZAR Million in December of 2014. This page includes a chart with historical data for South Africa Trade Balance - Cumulative.




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Myanmar Balance of Trade

Myanmar recorded a trade deficit of 66.30 USD Million in September of 2019. Balance of Trade in Myanmar averaged -206.88 USD Million from 2010 until 2019, reaching an all time high of 593.30 USD Million in August of 2011 and a record low of -948.50 USD Million in July of 2015. Myanmar had been trading mostly with neighboring countries due to political circumstances and poor infrastructure, but the change to democracy is likely to allow access to new markets. Oil and natural gas dominate Myanmar's exports. Other exports include vegetables, wood, fish, clothing, rubber and fruits. Myanmar mainly imports fuel, vegetable oil, vehicles, pharmaceutical products, construction equipment, polymers, tires and machinery. Myanmar's main trading partners are China, India, Japan, Indonesia, Germany and Hong-Kong. This page provides - Myanmar Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Morocco Banks Balance Sheet

Banks Balance Sheet in Morocco decreased to 1426031 MAD Million in February from 1431200 MAD Million in January of 2020. Banks Balance Sheet in Morocco averaged 872056.34 MAD Million from 2001 until 2020, reaching an all time high of 1448618 MAD Million in December of 2019 and a record low of 360422.93 MAD Million in March of 2002. This page provides - Morocco Banks Balance Sheet - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Malaysia-OECD High-level Global Symposium on financial well-being

Kuala Lumpur, Malaysia: This Symposium addressed cutting-edge issues to further integrate financial education and financial consumer protection policies with a view to enhancing financial well-being and to address the challenges and identify solutions in delivering effective financial education.




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Currency-based measures targeting banks - Balancing national regulation of risk and financial openness

This paper reviews currency-based measures (CBMs) directed at banks in 49 countries between 2005 and 2013. These measures apply a discrimination, such as less favourable treatment, on the basis of the currency of an operation, typically foreign currencies. The new data shows that CBMs have been increasingly used in the post-crisis period, including for macro-prudential purposes.




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Malaysia’s economic success story and challenges

Malaysia has sustained over four decades of rapid, inclusive growth, reducing its dependence on agriculture and commodity exports to become a more diversified, modern and open economy.




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Women in economics: The unknown cost of gender imbalance

Paris, 25 May 2018 - Following a keynote speech from Emmanuelle Auriol, Professor at Toulouse School of Economics and Chair of Women in Economics of the European Economic Association, discussions at this event will explore some of the issues emerging from the gender biases evident in the field of economics.




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Nepal Balance of Trade

Nepal recorded a trade deficit of 103773.70 Million NPR in December of 2019. Balance of Trade in Nepal averaged -37973.27 Million NPR from 2001 until 2019, reaching an all time high of -3913.30 Million NPR in October of 2001 and a record low of -132194.70 Million NPR in September of 2018. Nepal’s lack of infrastructure and geographic constraints has led to chronic trade deficits. Nepal mainly exports iron and steel, knotted carpets, textiles, plastics, hollow tubes, beverages and vegetables. Nepal mainly imports oil, gold, iron and steel, clothes, pharmaceutical products, cement, electronic appliances, food and vehicles. This page provides - Nepal Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Brunei Banks Balance Sheet

Banks Balance Sheet in Brunei decreased to 16853.63 BND Million in September from 16891.02 BND Million in August of 2019. Banks Balance Sheet in Brunei averaged 17979.12 BND Million from 2011 until 2019, reaching an all time high of 21121 BND Million in December of 2011 and a record low of 16118 BND Million in February of 2011. This page provides - Brunei Banks Balance Sheet- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Malawi Internet Speed

Internet Speed in Malawi decreased to 1308.79 KBps in the first quarter of 2017 from 1447.86 KBps in the fourth quarter of 2016. Internet Speed in Malawi averaged 825.29 KBps from 2007 until 2017, reaching an all time high of 1909.80 KBps in the fourth quarter of 2014 and a record low of 86.23 KBps in the third quarter of 2009. This page includes a chart with historical data for MalawiInternet Speed.




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Malawi IP Addresses

IP Addresses in Malawi decreased to 15425 IP in the first quarter of 2017 from 15502 IP in the fourth quarter of 2016. IP Addresses in Malawi averaged 6929.18 IP from 2007 until 2017, reaching an all time high of 15502 IP in the fourth quarter of 2016 and a record low of 1276 IP in the third quarter of 2007. This page includes a chart with historical data for MalawiIP Addresses.




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Malawi Average Temperature

Temperature in Malawi decreased to 25.56 celsius in December from 25.97 celsius in November of 2015. Temperature in Malawi averaged 21.45 celsius from 1850 until 2015, reaching an all time high of 26.17 celsius in November of 1957 and a record low of 15.83 celsius in July of 1907. This page includes a chart with historical data for Malawi Average Temperature.




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Malawi Average Precipitation

Precipitation in Malawi increased to 206.07 mm in December from 33.71 mm in November of 2015. Precipitation in Malawi averaged 88.89 mm from 1901 until 2015, reaching an all time high of 368.62 mm in February of 1952 and a record low of 0 mm in August of 1978. This page includes a chart with historical data for Malawi Average Precipitation.




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Malawi Military Expenditure

Military Expenditure in Malawi increased to 53.50 USD Million in 2018 from 47.40 USD Million in 2017. Military Expenditure in Malawi averaged 22.71 USD Million from 1968 until 2018, reaching an all time high of 64.30 USD Million in 2013 and a record low of 6 USD Million in 1969.




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Malawi Total External Debt

External Debt in Malawi increased to 1569794.22 MWK Million in 2018 from 1486661.76 MWK Million in 2017. External Debt in Malawi averaged 287479.95 MWK Million from 1984 until 2018, reaching an all time high of 1569794.22 MWK Million in 2018 and a record low of 980.60 MWK Million in 1984. This page provides - Malawi External Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Deposit Interest Rate in Malawi

Deposit Interest Rate in Malawi decreased to 9.95 percent in the first quarter of 2017 from 11.41 percent in the fourth quarter of 2016. Deposit Interest Rate in Malawi averaged 15.43 percent from 1980 until 2017, reaching an all time high of 42 percent in the third quarter of 1995 and a record low of 3.50 percent in the first quarter of 2008. The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Malawi.