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Slovak Republic: Strong economy offers opportunity to invest in the future

The Slovak Republic continues exhibiting robust economic performance, with strong growth backed by a sound financial sector, low public debt and high international competitiveness drawing on large inward investment.




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France: Economy is expanding but reforms needed to maintain benefits and boost jobs

The French economy is expanding, the labour market is recovering – albeit gradually - while productivity and the standard of living remain generally high, according to a new OECD report.




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OECD sees synchronised momentum for global economy, but urges further policy action to ensure sustainable and inclusive medium-term growth

The world economy has picked up momentum, as expanding investment, employment and trade support synchronised growth across most countries, according to the OECD’s latest Interim Economic Outlook.




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Improving productivity in New Zealand's economy

New Zealand ranks highly on most indicators of well-being, but incomes are below the OECD average due to low labour productivity.




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The Slovenian economy is bouncing back

While the Slovenian economy has been successful in bounding forward, it has taken hard falls in the past, and a lack of resilience means it has taken a long time to recover.




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OECD sees global economy strengthening, but says further policy action needed to catalyse the private sector for stronger and more inclusive growth

OECD sees global economy strengthening, but says further policy action needed to catalyse the private sector for stronger and more inclusive growth




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Norway’s economy, a need to ensure policies can cope with upcoming challenges

In its latest Economic Survey for Norway , the OECD underscores the importance of policy facilitating transition away from oil-related activities and helping businesses seize opportunities from digitalisation and globalisation, through providing i) macroeconomic and financial stability, and ii) improvements to structural-policy settings.




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Norway’s economy: maintaining a successful business sector in a changing world

Norway’s success in maintaining high living standards, low inequality and good progress in gender balance owes much to its business sector.




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South Africa: it is time to rekindle the economy

Growth is projected to reach 1.5% in 2018 after many years below one percent or negative in per capita terms. Low growth and high unemployment have adversely affected the well-being of South Africans. Since 2010, inequality, measured by the Gini coefficient at 0.62, has almost stagnated withering the social contract in a context of policy mistrust.




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OECD sees stronger world economy, but tensions are rising

The global economic expansion is strengthening, as robust investment growth, an associated rebound in trade and higher employment drive an increasingly broad-based recovery, according to the OECD’s latest Interim Economic Outlook.




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Towards an innovative and inclusive economy in Poland

The Polish economy is in a strong position. Economic growth reached 4.6% on average in 2017 and the OECD expects it to continue at around 4% over 2018/19.




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The Greek economy is recovering. Improving debt sustainability, tackling poverty and boosting investment are vital to sustaining the positive momentum.

Greece’s recovery from deep economic depression is finally gaining traction, according to the OECD. Economic growth has started to pick up led by a rise in exports while labour market reforms have improved competitiveness and are helping to create jobs.




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Amid strong outlook for U.S. economy, risks abound

The U.S. economy is experiencing one of the longest expansions on record, but the scars left by the Great Recession, as well as challenges posed by globalization and automation shocks, remain visible across the country, according to a new report from the OECD.




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The Czech economy is thriving but boosting skills and productivity and transitioning to a low-carbon productive model is vital to sustainable and inclusive growth

The Czech economy is thriving, with robust employment, expanding exports and falling government debt. Efforts should now focus on boosting workforce skills and innovation to improve labour supply and productivity, further reduce poverty and inequality, and green the economy, according to two new OECD reports.




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The Czech economy is thriving but labour shortages will limit growth

Growth, driven by both internal and external demand, has been accelerating since 2013 and at 4.6% in 2017 it was more balanced than in previous years. Household consumption is supported by income growth, a declining savings rate as confidence is high, and by rising credit.




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Further reforms will promote a more inclusive and resilient Indonesian economy

A steady economic expansion in Indonesia is boosting living standards, curbing poverty and offering millions of people greater access to public services.




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Brazilian economy is expanding again but long-term challenges remain, says OECD

Brazil has moved up the ranks of the world’s largest economies while making economic growth ever more inclusive.




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Brazil faces critical moment to put economy back on track

Brazil has made remarkable social and economic progress in the past two decades, but must now overcome important challenges if it is to put its economy on a stronger, fairer, greener growth trajectory, according to two new reports from the OECD.




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Public debt, economic growth and nonlinear effects: myth or reality?

The economics profession seems to increasingly endorse the existence of a strongly negative nonlinear effect of public debt on economic growth. Reinhart and Rogoff (2010) were the first to point out that a public debt to GDP ratio higher than 90% of GDP is associated with considerably lower economic performance in advanced and emerging economies alike.




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Risk Management: Illicit Trade and the Illegal Economy

OECD Workshop on assessing the harms posed by illicit trade and the illegal economy for global supply chain integrity, economic growth, and market security.




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Improvements in Chile’s regulatory policy would bring major benefits to the‎ economy and society

Chile has improved its regulatory policy in recent years, but could see benefits from further measures and a comprehensive effort to improve the way it prepares and issues new laws and regulations, according to a new OECD report.




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World must act faster to harness potential of the digital economy

Governments must act faster help people and firms to make greater use of the Internet and remove regulatory barriers to digital innovation or else risk missing out on the potentially huge economic and social benefits of the digital economy, the OECD told ministers and high-level officials from almost 40 countries today.




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OECD Ministerial Declaration on the Digital Economy: Innovation, Growth and Social Prosperity

Ministers and high-level representatives from 41 countries and the European Union committed today at the closure of the OECD’s 2016 Digital Economy Ministerial Meeting in Cancun, Mexico, to work together to preserve an open Internet, close digital divides, promote digital skills and generally do more to seize the potential of the digital economy.




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Conference on promoting responsible investment in Myanmar

This conference focused on recent reforms undertaken by the government to improve the investment climate in Myanmar, and the ways that the international community can help ensure that renewed investor interest contributes to sustainable and inclusive development. It featured a discussion of the detailed finding of the recently released OECD Investment Policy Review of Myanmar.




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Can better international co-operation help build a fairer global economy?

Drawing on data presented in the 2017 OECD Business and Finance Outlook, this article looks at some of the forces influencing recent economic developments and asks what can be done to ensure a “fairer” global economy.




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How worrying is the outlook for the global economy?

The OECD expects world economic growth to fall to 2.9% this year- its weakest annual rate since the financial crisis.




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The platform economy can deliver for its workers too

Have you ever used your smartphone to hail a taxi? Order in lunch? Or to find the help you need, whether from a cleaner or a childminder? If you have, then like millions of people, you probably did so via digital platforms. Every day people are connecting online, whether to use or provide myriad services.




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Myanmar Corruption Index

Myanmar scored 29 points out of 100 on the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Index in Myanmar averaged 19.71 Points from 2003 until 2019, reaching an all time high of 30 Points in 2017 and a record low of 13 Points in 2008. 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 - Myanmar Corruption Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Germany Imports from Myanmar

Imports from Myanmar in Germany decreased to 70067 EUR THO in February from 109818 EUR THO in January of 2020. Imports from Myanmar in Germany averaged 18093.90 EUR THO from 2000 until 2020, reaching an all time high of 127417 EUR THO in October of 2019 and a record low of 1708 EUR THO in December of 2012. This page includes a chart with historical data for Germany Imports from Myanmar.




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Myanmar Crude Oil Production

Crude Oil Production in Myanmar remained unchanged at 10 BBL/D/1K in December from 10 BBL/D/1K in November of 2019. Crude Oil Production in Myanmar averaged 15.52 BBL/D/1K from 1994 until 2019, reaching an all time high of 23 BBL/D/1K in January of 2006 and a record low of 8 BBL/D/1K in January of 1996. This page provides the latest reported value for - Myanmar Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Myanmar Corporate Tax Rate

The Corporate Tax Rate in Myanmar stands at 25 percent. In Myanmar, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Myanmar. This page provides - Myanmar Corporate Tax Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Myanmar Inflation Rate

The inflation rate in Myanmar was recorded at 8.36 percent in February of 2020. Inflation Rate in Myanmar averaged 13.55 percent from 1998 until 2020, reaching an all time high of 54.02 percent in December of 2002 and a record low of -1.09 percent in December of 2011. In Myanmar, the most important categories in the consumer price index are food (68.3 percent of the total weight) miscellaneous goods and services (15.9 percent); fuel and light (8.6 percent); clothing and apparel (4.7 percent) and rent and repair (2.7 percent). This page provides - Myanmar Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Myanmar Manufacturing PMI

Manufacturing Pmi in Myanmar decreased to 29 points in April from 45.30 points in March of 2020. Manufacturing Pmi in Myanmar averaged 50.55 points from 2016 until 2020, reaching an all time high of 55.50 points in April of 2018 and a record low of 29 points in April of 2020. The IHS Markit Myanmar Manufacturing Purchasing Managers’ Index measures the performance of the manufacturing sector and is derived from a survey of 450 manufacturing companies. The Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change. This page provides - Myanmar Manufacturing Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Myanmar Inflation Rate MoM

The Consumer Price Index in Myanmar decreased 0.03 percent in February of 2020 over the previous month. Inflation Rate Mom in Myanmar averaged 1.04 percent from 1998 until 2020, reaching an all time high of 4.50 percent in January of 2002 and a record low of -2.32 percent in December of 2015. Inflation Rate MoM measures month over month change in the price of goods and services. This page provides - Myanmar Inflation Rate MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Myanmar Minimum Wages

Minimum Wages in Myanmar increased to 4800 MMK/day in 2018 from 3600 MMK/day in 2017. Minimum Wages in Myanmar averaged 3900 MMK/day from 2015 until 2018, reaching an all time high of 4800 MMK/day in 2018 and a record low of 3600 MMK/day in 2016. This page provides - Myanmar Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Myanmar GDP per capita

The Gross Domestic Product per capita in Myanmar was last recorded at 1571.90 US dollars in 2018. The GDP per Capita in Myanmar is equivalent to 12 percent of the world's average. GDP per capita in Myanmar averaged 424.68 USD from 1960 until 2018, reaching an all time high of 1571.90 USD in 2018 and a record low of 145 USD in 1967. This page provides - Myanmar GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Myanmar Living Wage Family

Living Wage Family in Myanmar remained unchanged at 405700 MMK/Month in 2018 from 405700 MMK/Month in 2018. WageIndicator Living Wage computations are based on the cost of living for a predefined food basket derived from the FAO database distinguishing 50 food groups with national food consumption patterns in per capita units, for housing and for transportation, with a margin for unexpected expenses. The data about prices of these items is collected through an online survey. Living Wage for a typical family refers to the family composition most common in the country at stake, calculated on the respective fertility rates. This page provides - Myanmar Living Wage Family- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Israel Composite State-of-the-Economy Index

Economic Optimism Index in Israel increased to 137.50 points in February from 137.20 points in January of 2020. Economic Optimism Index in Israel averaged 63.33 points from 1975 until 2020, reaching an all time high of 137.50 points in February of 2020 and a record low of 21.70 points in July of 1976. In Israel, the Composite State-of-the-Economy Index shows the direction in which the economy is moving. The index is computed from monthly changes in manufacturing production; imports of consumer goods; imports of production inputs; trade and services revenue; the number of employee posts in the business sector; exports of goods (excluding agriculture, fuel, diamonds, and ships and aircraft), exports of services (tourism, computer and know-how, communications, insurance, and other business services) and housing starts. This page provides the latest reported value for - Israel Economic Optimism Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Myanmar Consumer Price Index Cpi

Consumer Price Index Cpi in Myanmar decreased to 161.29 points in February from 161.33 points in January of 2020. Consumer Price Index Cpi in Myanmar averaged 128.47 points from 2013 until 2020, reaching an all time high of 161.72 points in December of 2019 and a record low of 100.87 points in March of 2013. This page provides - Myanmar Consumer Price Index Cpi- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Myanmar Gold Reserves

Gold Reserves in Myanmar remained unchanged at 7.27 Tonnes in the fourth quarter of 2019 from 7.27 Tonnes in the third quarter of 2019. Gold Reserves in Myanmar averaged 7.24 Tonnes from 2000 until 2019, reaching an all time high of 7.30 Tonnes in the second quarter of 2015 and a record low of 7.18 Tonnes in the second quarter of 2000. This page provides - Myanmar Gold Reserves- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Myanmar Personal Income Tax Rate

The Personal Income Tax Rate in Myanmar stands at 25 percent. Personal Income Tax Rate in Myanmar averaged 22.86 percent from 2013 until 2019, reaching an all time high of 25 percent in 2016 and a record low of 20 percent in 2014. In Myanmar, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labor, 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 Myanmar. This page provides - Myanmar Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Ease Of Doing Business in Myanmar

Myanmar is ranked 165 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Myanmar improved to 165 in 2019 from 171 in 2018. Ease Of Doing Business in Myanmar averaged 170.83 from 2014 until 2019, reaching an all time high of 177 in 2014 and a record low of 165 in 2019. The Ease of doing business index ranks countries against each other based on how the regulatory environment is conducive to business operationstronger protections of property rights. Economies with a high rank (1 to 20) have simpler and more friendly regulations for businesses. This page provides - Myanmar Ease Of Doing Business- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Myanmar Terrorism Index

Terrorism Index in Myanmar decreased to 5.51 in 2018 from 5.92 in 2017. Terrorism Index in Myanmar averaged 4.43 from 2002 until 2018, reaching an all time high of 5.92 in 2017 and a record low of 3.45 in 2002. 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).




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Myanmar Tourist Arrivals

Tourist Arrivals in Myanmar decreased to 367733 in February from 380172 in January of 2019. Tourist Arrivals in Myanmar averaged 268224.41 from 2012 until 2019, reaching an all time high of 450541 in December of 2015 and a record low of 125085 in December of 2012. This page provides the latest reported value for - Myanmar Tourist Arrivals - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Myanmar Living Wage Individual

Living Wage Individual in Myanmar remained unchanged at 193400 MMK/Month in 2018 from 193400 MMK/Month in 2018. WageIndicator Living Wage computations are based on the cost of living for a predefined food basket derived from the FAO database distinguishing 50 food groups with national food consumption patterns in per capita units, for housing and for transportation, with a margin for unexpected expenses. The data about prices of these items is collected through an online survey. This page provides - Myanmar Living Wage Individual- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Myanmar Labor Force Participation Rate

Labor Force Participation Rate in Myanmar decreased to 64.71 percent in 2015 from 67 percent in 2014. Labor Force Participation Rate in Myanmar averaged 65.02 percent from 1990 until 2015, reaching an all time high of 67 percent in 2014 and a record low of 60.59 percent in 1990. This page provides - Myanmar Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Deposit Interest Rate in Myanmar

Deposit Interest Rate in Myanmar remained unchanged at 8 percent in 2018 from 8 percent in 2017. Deposit Interest Rate in Myanmar averaged 7.67 percent from 1980 until 2018, reaching an all time high of 12.50 percent in 1996 and a record low of 1.50 percent in 1981. 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 Myanmar.




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Myanmar Sales Tax Rate - Commercial Tax

The Sales Tax Rate in Myanmar stands at 5 percent. Sales Tax Rate in Myanmar averaged 15.71 percent from 2014 until 2020, reaching an all time high of 30 percent in 2015 and a record low of 5 percent in 2017. In Myanmar, 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 Myanmar. This page provides - Myanmar Sales Tax Rate | VAT - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Myanmar Foreign Direct Investment

Foreign Direct Investment in Myanmar increased by 734.89 USD Million in November of 2019. Foreign Direct Investment in Myanmar averaged 507.09 USD Million from 2012 until 2019, reaching an all time high of 3821.91 USD Million in March of 2016 and a record low of 3.14 USD Million in June of 2016. This page provides the latest reported value for - Myanmar Foreign Direct Investment - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Myanmar Food Inflation

Cost of food in Myanmar increased 172.76 percent in February of 2020 over the same month in the previous year. Food Inflation in Myanmar averaged 13.57 percent from 2005 until 2020, reaching an all time high of 174.13 percent in December of 2019 and a record low of -6.30 percent in April of 2012. This page provides - Myanmar Food Inflation- actual values, historical data, forecast, chart, statistics, economic calendar and news.