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Mr. Angel Gurría, Secretary-General of the OECD, at G7 Finance Ministers and Central Bank Governors’ meeting in Chantilly, 17-18 July 2019

Mr. Angel Gurría, Secretary-General of the OECD, will participate in the G7 Finance Ministers and Central Bank Governors’ meeting in Chantilly, on 17-18 July 2019.




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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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France - Credit Rating

Standard & Poor's credit rating for France stands at AA with stable outlook. Moody's credit rating for France was last set at Aa2 with stable outlook. Fitch's credit rating for France was last reported at AA with stable outlook. DBRS's credit rating for France is AAA with negative outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of France thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for France as reported by major credit rating agencies.




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Tax: Jurisdictions move towards full tax transparency

Furthering efforts to fight against international tax evasion and bank secrecy, members of the Global Forum on Transparency and Exchange of Information for Tax Purposes have issued 12 new peer review reports.




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Enhancing the inclusiveness of the labour market in Belgium

The global crisis led to a smaller increase in the unemployment rate than in most other OECD countries as employment has been sustained through intensive use of reduced working time schemes.




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OECD Report on Mental Health and Work in Belgium to launch on 29 January 2013 in Brussels

OECD Report on Mental Health and Work in Belgium to launch on 29 January 2013 in Brussels




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Education at a Glance 2013 - Country notes and key fact tables

Education at a Glance 2013 - Country notes and key fact tables




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Government at a Glance 2013: Information by country

These country notes contain indicators which compare the political and institutional frameworks of national governments as well as revenues and expenditures, employment, and compensation. They include a description of government policies on integrity, e-government and open government.




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Pensions at a Glance 2013 - Highlights for Belgium

Highlights for Belgium from Pensions at a Glance which is a comprehensive examination of pension systems in OECD and selected non-OECD countries looking at recent trends in retirement and working at older ages, evolving life expectancy, design of pension systems, pension entitlements, and private pensions.




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Society at a Glance 2014 - Key findings for Belgium

This note presents key findings for Belgium from Society at a Glance 2014 - OECD Social indicators. This 2014 publication also provides a special chapter on: the crisis and its aftermath: a “stress test” for societies and for social policies.




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Education at a Glance 2014: Country Notes

Country notes with main key findings of the book and key fact tables: a customised snapshot of a country's educational environment, highlighting the most important issues in the educational landscape.




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Education at a Glance 2015: Belgium

The 2015 edition introduces more detailed analysis of participation in early childhood and tertiary levels of education. The report also examines first generation tertiary-educated adults’ educational and social mobility, labour market outcomes for recent graduates, and participation in employer-sponsored formal and/or non-formal education.




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Education at a Glance 2016 - Country Notes

Education at a Glance 2016 - Country Notes




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Public investment, tax and education reforms will help bolster inclusive growth in Belgium

A combination of market-based policies and a redistributive welfare state have boosted Belgium’s per-capita GDP to well above the average of OECD countries and raised well-being, according to a new OECD report.




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OECD Science, Technology and Industry Scoreboard 2017 - Belgium highlights

This note presents selected country highlights from the OECD Science, Technology and Industry Scoreboard 2017 with a specific focus on digital trends among all themes covered.




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OECD Science, Technology and Industry Scoreboard 2017 - highlights by country

These notes present selected country highlights from the OECD Science, Technology and Industry Scoreboard 2017 with a specific focus on digital trends among all themes covered.




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Research Fellowships and Conference Sponsorship

The Co-operative Research Programme (CRP)'s Call for Applications for conference sponsorship and research fellowships for funding in 2019 is now CLOSED. The CRP supports work on sustainable use of natural resources in agriculture, forests, fisheries and food production.




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Government at a Glance

Government at a Glance provides a dashboard of key indicators to help you analyse international comparisons of public sector performance.




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Belgium: keep up reforms to increase employment and productivity growth

Belgium’s tax, labour, pension and education reforms have improved the potential for stronger, sustainable and inclusive growth over the long term. Keeping up this momentum on structural reforms is key to energise the economy and keep it resilient to external risks and uncertainties, according to a new OECD report.




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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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France Capacity Utilization

Capacity Utilization in France decreased to 66.80 percent in the second quarter of 2020 from 83.20 percent in the first quarter of 2020. Capacity Utilization in France averaged 84.81 percent from 1976 until 2020, reaching an all time high of 90.30 percent in the second quarter of 1990 and a record low of 66.80 percent in the second quarter of 2020. This page provides the latest reported value for - France Capacity Utilization - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Malawi Balance of Trade

Malawi recorded a trade deficit of 91901 MWK Million in June of 2019. Balance of Trade in Malawi averaged -28712.58 MWK Million from 2000 until 2019, reaching an all time high of 4926 MWK Million in November of 2009 and a record low of -187035.40 MWK Million in August of 2018. Malawi’s landlocked location increases import costs and poses an obstacle to exports. Malawi is dependent on imports of fuel and consumer goods. However, tobacco trade (55 percent of total exports) represents a major source of income for the country. Malawi’s main trading partners are: South Africa, Zambia, China and United States. This page provides - Malawi Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Isle of Man Personal Income Tax Rate

The Personal Income Tax Rate in Isle of Man stands at 20 percent. Personal Income Tax Rate in Isle of Man averaged 19.29 percent from 2004 until 2020, reaching an all time high of 20 percent in 2010 and a record low of 18 percent in 2005. In Isle of Man, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Isle of Man. This page provides - Isle of Man Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Turkey Exports to France

Exports to France in Turkey decreased to 463.67 USD Million in March from 608.29 USD Million in February of 2020. Exports to France in Turkey averaged 554.80 USD Million from 2014 until 2020, reaching an all time high of 741.13 USD Million in July of 2019 and a record low of 413.09 USD Million in May of 2015. This page includes a chart with historical data for Turkey Exports to France.




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Turkey Imports from France

Imports from France in Turkey decreased to 531.34 USD Million in March from 572.60 USD Million in February of 2020. Imports from France in Turkey averaged 665.12 USD Million from 2014 until 2020, reaching an all time high of 4058 USD Million in April of 2014 and a record low of 418.47 USD Million in August of 2018. This page includes a chart with historical data for Turkey Imports from France.




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India: step up reform efforts to increase quality jobs and incomes

India is set for a modest recovery after a loss of momentum, as reforms to simplify taxation, lighten business regulations and upgrade infrastructure start to bear fruit. Further reforms to modernise the economy are now needed to drive the creation of high-quality jobs, as well as measures to improve public services and welfare, according to a new OECD report.




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Greece Banks Balance Sheet

Banks Balance Sheet in Greece decreased to 308964.26 EUR Million in March from 314569.78 EUR Million in February of 2020. Banks Balance Sheet in Greece averaged 327086.40 EUR Million from 1998 until 2020, reaching an all time high of 544679.70 EUR Million in June of 2010 and a record low of 141300.10 EUR Million in March of 1998. This page provides the latest reported value for - Greece 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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Cyprus Balance of Trade

Cyprus recorded a trade deficit of 539694 EUR Thousand in February of 2020. Balance of Trade in Cyprus averaged -207406.81 EUR Thousand from 1975 until 2020, reaching an all time high of 158661 EUR Thousand in March of 2018 and a record low of -925948 EUR Thousand in May of 2016. Trade is an integral part of the recent economic success of Cyprus, as the island nation falls short of being self-sufficient for food and fuel. As such, Cyprus is a net importer of fuels, raw materials, heavy machinery and transportation equipment. Cyprus mostly exports citrus fruits, cement, potatoes, clothing and pharmaceuticals. Cyprus' largest, and most important, trading partner is the European Union, which accounts for 50% of all Cypriot trade flows, followed by the Middle East, destination for 20% of exports from Cyprus. In the European Union, the UK and Greece account for the largest share of trade due to historical connections. Recent discoveries of offshore gas will likely diminish Cyprus' need for importing energy and lead to a shift in the composition of its exports. This page provides - Cyprus Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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OECD’s Gurría welcomes Italian government measures to strengthen public finances

OECD Secretary-General Angel Gurría has welcomed the measures adopted by the Italian government to address fiscal sustainability while boosting growth and equity.




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Less income inequality and more growth - Are they compatible?

Can both less income inequality and more growth be achieved? A recent OECD study sheds new light on the link between policies that boost growth and the distribution of income.




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FINANCE: Solving Europe's banking and debt crisis

Europe's sovereign debt crisis has exposed structural weaknesses in economic governance that now threaten the entire euro region. Efforts to reinforce public finances and preserve the currency union must go further than solutions proposed to date.




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Economic Policy Reforms: Going for Growth 2012 - France Country Note

This note is taken from Chapter 2 of Economic Policy Reforms: Going for Growth 2012.




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Structural reforms can make the difference as countries rebound from crisis, OECD says

The pace of reform has accelerated in those OECD countries where it is needed most, says the latest Going for Growth report. It identifies the specific action needed to help governments steer their economies out of the crisis, stimulate growth and create jobs.




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Going for Growth and Balance in Europe

Over the last four years we have lived and worked under the impact of the greatest economic crisis of our lifetimes. Recent actions in Europe have cleared a bit the fog but the confidence in the markets is still shaky and the long-term growth perspective of Europe is muted.




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Design policies to ensure growth is socially inclusive, says OECD-World Bank report

Economic policy should be better designed to bring about more inclusive growth, ensuring that the benefits of increased prosperity are shared more evenly across society, according to a new report from the OECD and the World Bank.




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Sustaining Korea’s convergence to the highest-income countries

While Korea remains one of the fastest-growing OECD economies, its potential growth rate per capita is projected to decelerate from around 4% during the current decade to around 2¼ per cent during the 2030s.




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An analysis of productivity performance in Spain before and during the crisis: Exploring the role of institutions

The Spanish economy experienced significantly weaker labour productivity growth than other OECD economies and failed to catch up with the most advanced economies in the period 1996-2007. In recent years labour productivity growth has accelerated, but this recovery is likely to be due to cyclical and temporary factors.




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France: Promouvoir la croissance et la cohésion sociale

Ce document présente les principales recommandations de l'OCDE pour la France dans des domaines essentiels tels que la croissance et l’emploi (efficacité des services publics, système financier, innovation, fonctionnement des marchés des produits et du travail, éducation, retraites, réforme fiscale, croissance verte et agriculture) et la justice sociale (santé, logement, famille, jeunesse, intégration).




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Indonesia should improve governance, productivity and tax collection to promote inclusive growth

Indonesia has improved its macro-economic and structural policies over the last 15 years. Its economy, with strong and stable growth rates of 5–6.6%, is catching up with other countries in the region and allowing Indonesia to focus on its development agenda.




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OECD’s Gurría welcomes budget proposal and economic reforms announced by the Spanish Government

OECD Secretary-General Angel Gurría welcomes the Spanish government's budget and the economic policy measures announced yesterday.




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India: Sustaining high and inclusive growth - Better Policies Series

Renewed impetus for reforms is essential for India to continue to narrow its major gap in living standards with middle-income and OECD economies, to reduce widespread poverty, to reverse rising inequality and to improve the wellbeing of all Indians. Based on the expertise of OECD, this report presents an update of policy advice in critical areas to India’s long-term economic performance and social development.




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Portugal: rebalancing the economy and returning to growth through job creation and better capital allocation

Low growth and huge current account deficits have characterised the Portuguese economy over the past decade.




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Mr. François Hollande, President of the French Republic, met with the Heads of international economic organisations at the OECD

The President of the French Republic, Mr. François Hollande, met the Heads of international economic organisations at the OECD on Monday 29th October.




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Germany and the Euro Area: Addressing the Competitiveness Challenge - OECD report presented to German Federal Chancellor Angela Merkel

Restoring competitiveness is one of the key challenges to bring European economies back on a path of strong, sustainable and balanced growth. Europe could improve its growth prospects by implementing a strategic reform agenda with a broad range of policy reforms to increase productivity, dynamism and employment.




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Public policy and resource allocation: evidence from firms in OECD countries

The correlation between a firm’s size and its productivity level varies considerably across OECD countries, suggesting that some countries are more successful at channelling resources to high productivity firms than others.




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Global Perspectives Conference: Development Beyond 2015 – Sustainable, Equitable and Truly Global

The Secretary-General presents the OECD’s views on “new approaches to economic development” at the 4th Annual Global Perspectives Conference, one of the most important gatherings of Civil Society Organisations.




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Balance of economic power will shift dramatically over the next 50 years, says OECD

The balance of economic power is expected to shift dramatically over the next half century, with fast-growing emerging-market economies accounting for an ever-increasing share of global output, according to a new OECD report.




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Selected aspects of household savings in Germany – evidence from micro-data

This paper uses household level data from the German Socio-Economic Panel (GSOEP) over the period 1991 to 2008 to analyse the driving factors of movements in the German household savings rate.




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Slovak Republic remains strong, but it needs to become more inclusive, OECD says

The Slovak Republic recovered strongly from the global economic crisis and is weathering well the storm that has struck its main European trading partners. The challenges going forward will be restoring public finances while driving down unemployment and fostering long-term inclusive growth, says the latest Economic Survey.




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Euro area labour costs converging, but imbalances persist

The euro area crisis finds its roots in the credit booms seen in many countries following the introduction of the euro in 1999. Easy credit led to strong growth in a range of sectors, notably housing, as well as higher levels of public spending. Inflation in these over-heating economies was higher than the euro area as a whole. Rising prices led to rising costs and a loss of international competitiveness.