Firstly, and most importantly, this year marks Japan’s golden jubilee: 50 years as a member of the OECD. Japan was our first Asia-Pacific member country, and has paved the way to strengthen the OECD’s ties within the region. This year, for the second time, Japan is chairing our Ministerial Council Meeting – the most important annual decision-making event of the Organization, said Angel Gurría.

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.

The Gross Domestic Product (GDP) in Myanmar expanded 6.80 percent in 2018 from the previous year. GDP Annual Growth Rate in Myanmar averaged 8.65 percent from 1994 until 2018, reaching an all time high of 13.84 percent in 2003 and a record low of 3.60 percent in 2008. Myanmar, formerly known as Burma, is the poorest country in Southeast Asia. Myanmar was under a military regime for decades, yet since 2011, a transition to democracy has been taking place. The new, civilian led, reformist government has taken charge and the country has began to open up to foreign direct investment. Myanmar’s economy is pretty diversified. The most important sector of the economy is services, which has been growing steadily in the last few years, and now account for over 38 percent of GDP. The share of agriculture has been declining, and now represents 36 percent of GDP. Finally, industry contributes the remaining 26 percent of GDP. This page provides - Myanmar GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The transition from education to work is not easy for many young people, particularly when it comes to finding sustainable employment with progression opportunities. Recently established national policies to support youth will be only effective if implemented in a coordinated way at local level.

This report develops a framework that classifies investments according to different types of financing instruments and investment funds, and highlights the risk mitigants and transaction enablers that intermediaries can use to mobilise institutionally held capital.

11 December 2017, OECD Paris - The 8th annual OECD high-level breakfast event brings together leading investors and senior government officials for informal, focused dialogue, to examine key developments and identify solutions to enable achievement of NDCs and the two-degree commitment.

12-13 November 2018, São Paulo, Brazil - A series of events addressing the most recent trends, opportunities and challenges in financial education will be co-hosted by the OECD and CVM Brazil.

Each year, the OECD publishes a survey of the investment regulation of pension funds which describes the main quantitative investment regulations applied to pension funds in 77 economies. The survey questionnaire covers all types of pension plans financed via pension funds.

The Gross Domestic Product (GDP) in Nepal expanded 7.10 percent in 2018 from the previous year. GDP Annual Growth Rate in Nepal averaged 4.61 percent from 1993 until 2018, reaching an all time high of 8.60 percent in 1993 and a record low of 0.10 percent in 2001. Nepal is one of the least developed countries in the world and relies extensively on foreign aid. The main sector of the economy is agriculture, which employs over 70 percent of the population and accounts for 33 percent of GDP. As Nepal is home to the highest mountains in the world, tourism has been steadily growing in importance and is an important source of revenue. Also, the country has been working on exploiting hydroelectric power. Although Nepalese economy has been steadily growing in recent years, lack of governmental institutions, growing population and remnants of social instability are sources of concern. This page provides - Nepal GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Rwanda expanded 8.40 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Rwanda averaged 7.58 percent from 2000 until 2019, reaching an all time high of 13.40 percent in the first quarter of 2007 and a record low of 0.30 percent in the first quarter of 2017. Services is the largest sector of the Rwanda's economy and accounts for 53 percent of total GDP. Within services, the most important sub-sectors are: real estate activities (8 percent), wholesale and retail trade (8 percent), cultural, domestic & other services (6 percent), administrative and support service activities and public administration and defence; and compulsory social security (5 percent each). Agriculture, forestry and fishing account for 29 percent of GDP, with food crops contributing 17 percent. The industrial sector constitutes 18 percent of the GDP, with construction (7 percent) and manufacturing (6 percent) accounting for the largest shares. On the expenditure side, household consumption is the main component of GDP and accounts for 76 percent of its total use, followed by gross fixed capital formation (28 percent) and government expenditure (16 percent). Exports of goods and services account for 19 percent of GDP while imports account for 39 percent, subtracting 20 percent of total GDP. The major source of foreign trade is coffee, tea, tin cassiterite, wolframite and pyrethrum. This page provides the latest reported value for - Rwanda GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product (GDP) in Brunei expanded 7.10 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Brunei averaged 0.40 percent from 2004 until 2019, reaching an all time high of 7.10 percent in the fourth quarter of 2019 and a record low of -8.10 percent in the fourth quarter of 2013. Brunei is the fourth-largest oil producer in Southeast Asia. Oil accounts for around 62 percent of GDP and is the source of 90 percent of government revenues. Yet, in recent years, oil production has declined and, as a result, growth has slowed down. In order to strengthen Brunei’s long-term prospects, the government has been trying to diversify the economy by using oil revenues to invest in non-oil industries like Islamic banking and by attracting foreign direct investments. Focus on eco-tourism has also been high, given that 70 percent of the country’ is covered by tropical forest. This page provides - Brunei GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Malawi expanded 5 percent in 2019 from the previous year. GDP Annual Growth Rate in Malawi averaged 4.43 percent from 1994 until 2019, reaching an all time high of 16.70 percent in 1995 and a record low of -10 percent in 1994. Geographically landlocked, Malawi is one of the least developed countries in the world. Malawi’s economy relies mostly on grants from foreign donors. Agriculture is the most important sector of the economy and accounts for 80 percent of the labour force and 80 percent of exports. Serious deficiencies in the public sector, telecommunications and infrastructures are an obstacle to growth. This page provides - Malawi GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Greece expanded 1 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Greece averaged 0.94 percent from 1996 until 2019, reaching an all time high of 6.80 percent in the fourth quarter of 2003 and a record low of -10.30 percent in the first quarter of 2011. In Greece, household consumption is the main component of GDP and accounts for 72 percent of its total use, followed by government expenditure (20 percent) and gross fixed capital formation (12 percent). Exports of goods and services account for 33 percent of GDP while imports account for 35 percent, subtracting 2 percent of total GDP. This page provides the latest reported value for - Greece GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product (GDP) in Cyprus expanded 3.20 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Cyprus averaged 2.53 percent from 1996 until 2019, reaching an all time high of 7.20 percent in the fourth quarter of 2016 and a record low of -7.50 percent in the second quarter of 2013. Services including tourism, financial services, and real estate are considered as the backbone of the Cyprus economy, accounting for nearly 80 percent of GDP. Industry accounts for only 10 percent and agriculture for 2 percent. On the expenditure side, household consumption is the main component of GDP and accounts for 70 percent of its total use, followed by government expenditure (16 percent) and gross fixed capital formation (11 percent). Exports of goods and services account for 55 percent of GDP while imports account for 53 percent, adding 2 percent of total GDP. This page provides - Cyprus GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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

The GGKP’s second annual conference will be held at the OECD Headquarters in Paris on 4-5 April 2013. The discussion will be framed around two headline themes: Greening global value chains and Measurement and reporting for green growth.

OECD Secretary-General Angel Gurría strongly supports President François Hollande’s recently announced measures to revitalise the French economy and set it on a path towards stronger growth.

OECD Secretary-General, Angel Gurría is pleased to announce the appointment of Ms. Catherine L. Mann as the new OECD Chief Economist. Her appointment will reinforce the OECD’s commitment to identifying and promoting better policies for better lives around the world.

Third Annual Conference on the theme of "Fiscal Policies and the Green Economy Transition: Generating Knowledge – Creating Impact" held at the University of Venice from 29 through 30 January 2015. The press release is available.

Co-organised by the Italian Co-Chair of the G20 Anti-Corruption Working Group and the OECD, participants discussed progress in advancing the key elements of the global anti-corruption agenda and innovative solutions to address the latest challenges facing countries, business and civil society.

The annual meeting of the OECD Schools of Government Network on the theme of Skills for a World Class Civil Service will be held on 6 July 2015, at the OECD in Paris.

The Regional School of Public Administration (ReSPA) has devoted its 9th Annual Conference to opening direct channels of discussion on experiences, methodologies and innovative practices in the process of optimization of public administration in the Western Balkans.

This paper assesses the effect of international differences in taxes on the choice of patent location by multinational enterprises (MNEs). The analysis is based on a large sample of patents and firms from the OECD-PATSTAT and OECD-ORBIS databases over 2004-10.

This paper assesses how international tax planning affects real business investment by multinationals. Earlier studies have shown that corporate taxes reduce business investment. This paper shows that tax planning multinationals are less sensitive to corporate taxes than other firms in their investment decisions.

This paper exploits firm-level data from the ORBIS database to assess international tax planning by multinational enterprises (MNEs).

This paper describes the main anti-avoidance rules against international tax planning by multinational enterprises in OECD and G20 countries.

Multinational enterprises (MNEs) manipulate the location of their debts to reduce their corporate tax burden. Indeed, by locating debts in higher-tax rate countries, MNEs can deduct interest payments against a higher tax rate. This paper provides evidence of such manipulation of debt location.

This paper investigates if tax planning by large multinationals distorts competition in their favour and allows them to crowd out other firms. The competitive implications of tax planning are frequently mentioned in the tax policy debate, but not yet documented empirically to our knowledge. This paper aims to fill this gap.

The 2011 annual report on the OECD Guidelines for Multinational Enterprises focuses on adhering countries' committment to new, stronger standards of corporate behaviour in the updated OECD Guidelines for Multinational Enterprises.

The 2012 annual report on the OECD Guidelines for Multinational Enterprises provides an account of the actions taken by the adhering governments over the 12 months to June 2012 to enhance the contribution of the Guidelines to the improved functioning of the global economy and focuses on how NCPs are working to improve their mediation skills.

The 2013 Annual Report describes the activities undertaken to promote the observance of the Guidelines during the implementation cycle of June 2012-June 2013. This includes the launch of the Global Forum on Responsible Business Conduct (RBC), the establishment of a Working Party on RBC, and the elaboration of a robust multi-stakeholder proactive agenda to promote the observance of the principles and standards found in the Guidelines.

This report covers the activities undertaken to promote the effective implementation of the OECD Guidelines for Multinational Enterprises by governments and National Contact Points from July 2014 to December 2015.

The annual reports on the OECD Guidelines for Multinational Enterprises provide an account of the actions the adhering governments have taken over the previous 12 months to enhance the contribution of the guidelines to the improved functioning of the global economy.

The Gross Domestic Product (GDP) in Bulgaria expanded 3.10 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Bulgaria averaged 3.01 percent from 1996 until 2019, reaching an all time high of 17.20 percent in the first quarter of 1998 and a record low of -14 percent in the third quarter of 1996. In Bulgaria, household consumption is the main component of GDP and accounts for 63 percent of its total use, followed by gross fixed capital formation (21 percent) and government expenditure (17 percent). Exports of goods and services account for 65 percent of GDP while imports account for 66 percent, subtracting 1 percent of total GDP. This page provides - Bulgaria GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Ireland expanded 6.20 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Ireland averaged 5.74 percent from 1996 until 2019, reaching an all time high of 29.20 percent in the first quarter of 2015 and a record low of -10.40 percent in the fourth quarter of 2008. From 1995 to 2007, Irish economy was growing rapidly averaging 6 percent a year, benefiting from a rise in consumer spending, construction, and business investment. However in 2008, as a result of a crash in real estate market, economic activity dropped sharply and the country entered into a recession for the first time in more than a decade. After series of economic reforms aiming at reducing budget deficit and government debt, the GDP started to expand from Q3 of 2010 and after three quarters of contraction in 2012, it has gained the status of fastest growing economy in the Euro Area. . This page provides - Ireland GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Poland expanded 3.20 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Poland averaged 4.19 percent from 1995 until 2019, reaching an all time high of 8.10 percent in the fourth quarter of 1996 and a record low of 0.10 percent in the first quarter of 2013. Poland’s 38-million consumer market is one of the biggest in Europe. Poland's main industries are:food and beverage processing, shipbuilding and the manufacture of machinery, iron and steel products, chemicals, glass and textiles. On the expenditure side, household consumption is the main component of GDP and accounts for 60 percent of its total use, followed by gross fixed capital formation (20 percent) and government expenditure (18 percent). Exports of goods and services account for 47 percent of GDP while imports account for 46 percent, adding 1 percent of total GDP. This page provides - Poland GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Maldives expanded 5.70 percent in 2019 from the previous year. GDP Annual Growth Rate in Maldives averaged 6.22 percent from 1997 until 2019, reaching an all time high of 19.60 percent in 2006 and a record low of -8.70 percent in 2005. Maldives is a small island nation, having 90 percent of its territory covered in water. Tourism, fishing and shipping are the most important sectors of the economy. Tourism accounts for more than 30 percent of GDP and over 60 percent of foreign currency earnings. Yet, fishing is the country’s largest employer. The government controls a large part of the economy and 90 percent of its revenue comes from tourism and trade tariffs. Following the ousting of President Nasheed, foreign direct investment has declined due to uncertainty surrounding the country’s political future. This page provides - Maldives GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Afghanistan expanded 2.90 percent in 2019 from the previous year. GDP Annual Growth Rate in Afghanistan averaged 6.12 percent from 2007 until 2019, reaching an all time high of 17.20 percent in 2009 and a record low of -1.80 percent in 2015. Afghanistan is one of the poorest and least developed countries in the world. Since the collapse of the Taliban government and the NATO led invasion in 2001, the economy has been steadily growing due to the influx of foreign aid and investments. However, security threats, the lack of infrastructure and endemic corruption have been hampering economic activity. Agriculture (23 percent of GDP) is the most important sector of the economy, as the majority of the population is dependent on crops. The industrial sector accounts for 21 percent of total GDP, mostly due to manufacturing (11 percent) and construction (9.2 percent). The resurgence of the public sector has led to growth in services, which now account for around 52 percent of GDP. The services sector main segments are transport, storage & communication (24 percent); government services (12.5 percent) and wholesale & retail trade (6.3 percent). This page provides - Afghanistan GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Croatia expanded 2.50 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Croatia averaged 1.93 percent from 1998 until 2019, reaching an all time high of 6.60 percent in the second quarter of 2003 and a record low of -8.60 percent in the first quarter of 2009. Croatia joined the European Union in 2013, following a decade-long application process. Croatia's main industries are tourism, ICT, automotive, food, pharmaceutical, logistics, metal and textile. On the expenditure side, household consumption is the main component of GDP and accounts for 60 percent of its total use, followed by government expenditure (20 percent) and gross fixed capital formation (19 percent). Exports of goods and services account for 46 percent of GDP while imports account for 44 percent, adding 2 percent of total GDP. This page provides - Croatia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Czech Republic expanded 1.80 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Czech Republic averaged 2.51 percent from 1997 until 2019, reaching an all time high of 7.30 percent in the second quarter of 2006 and a record low of -5.60 percent in the second quarter of 2009. In Czech Republic, household consumption is the main component of GDP and accounts for 49 percent of its total use, followed by gross fixed capital formation (25 percent) and government expenditure (19 percent). Exports of goods and services account for 84 percent of GDP while imports account for 77 percent, adding 7 percent of total GDP. This page provides the latest reported value for - Czech Republic GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

GDP Growth Annualized in Israel increased to 4.60 percent in the fourth quarter of 2019 from 4 percent in the third quarter of 2019. GDP Growth Annualized in Israel averaged 3.81 percent from 1995 until 2019, reaching an all time high of 18.10 percent in the second quarter of 1999 and a record low of -4.20 percent in the first quarter of 2001. GDP Annualized Growth Rate shows the gdp growth that would be registered if the quarter-on-quarter rate of change were maintained for a full year. This page provides the latest reported value for - Israel GDP Growth Annualized - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product (GDP) in Macedonia expanded 3.40 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Macedonia averaged 2.76 percent from 2001 until 2019, reaching an all time high of 10.70 percent in the second quarter of 2005 and a record low of -12.70 percent in the third quarter of 2001. On the expenditure side, household consumption is the main component of GDP and accounts for 70 percent of its total use, followed by gross fixed capital formation (31 percent) and government expenditure (17 percent). Exports of goods and services account for 48 percent while imports account for 65 percent, subtracting 17 percent of total GDP. This page provides - Macedonia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Mozambique expanded 2 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Mozambique averaged 5.78 percent from 2000 until 2019, reaching an all time high of 15.30 percent in the first quarter of 2004 and a record low of -2.50 percent in the fourth quarter of 2002. The most important sector of Mozambican economy is services and accounts for 49 percent of total GDP, of which wholesale and retail trade, repair of motor vehicles (12 percent); education (8 percent) and transport (7 percent). Industry constitutes 27 percent with mining and quarrying representing 11 percent as the country has large mineral deposits (marble, bentonite, coal, gold, bauxite, granite and gemstones) with aluminum being the most important exported product. Manufacturing accounts for 10 percent and construction for 3 percent. Agriculture, hunting, forestry and fishing creates 24 percent of the wealth with prawns, cotton, cashew nuts, sugar, citrus, copra, coconuts, and timber being the most important crops. On the expenditure side, household consumption is the main component of GDP and accounts for 67 percent of its total use, followed by government expenditure (26 percent) and gross fixed capital formation (25 percent). Exports of goods and services account for 41 percent of GDP while imports account for 73 percent, subtracting 32 percent of total GDP. This page provides the latest reported value for - Mozambique GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product (GDP) in Slovenia expanded 1.70 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Slovenia averaged 2.72 percent from 1996 until 2019, reaching an all time high of 8 percent in the first quarter of 2007 and a record low of -9.90 percent in the second quarter of 2009. On the expenditure side, household expenditure is the main component of Slovenia's GDP and accounts for 53 percent of its total use, followed by gross fixed capital formation (20 percent) and government consumption (19 percent). Exports of goods and services account for 77 percent of GDP while imports account for 69 percent, adding 8 percent of total GDP. . This page provides - Slovenia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Cuba expanded 2.20 percent in 2018 from the previous year. GDP Annual Growth Rate in Cuba averaged 2.10 percent from 1990 until 2018, reaching an all time high of 12.10 percent in 2006 and a record low of -14.90 percent in 1993. Cuba, the most populous country in the Caribbean, is one of the last communist regimes in the world. The government controls the economy and employs more than 80 percent of the working force. While the most important sector of the economy is services (around 75 percent of GDP), mining, oil production, remittances and tourism are crucial in supporting state revenue. Since the US has maintained a trade embargo against Cuba for over 50 years, growth prospects remain weak. Yet inthe last few years, in order to boost the economy, the government has initiated some market reforms like allowing setting up small businesses and property ownership. This page provides - Cuba GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Wages in Australia increased 2.30 percent in June of 2019 over the same month in the previous year. Wage Growth in Australia averaged 3.21 percent from 1998 until 2019, reaching an all time high of 4.30 percent in the second quarter of 2008 and a record low of 1.90 percent in the third quarter of 2016. In Australia, wage growth measures the annual change in hourly rates of pay excluding bonuses for both public and private sector. This page provides - Australia Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Imports Intra Eu - Tanning, Dyeing Extracts, Other Colouring in the United Kingdom decreased to 109.07 GBP Million in February from 113.38 GBP Million in January of 2020. Imports Intra Eu - Tanning, Dyeing Extracts, Other in the United Kingdom averaged 88.19 GBP Million from 1996 until 2020, reaching an all time high of 170.34 GBP Million in March of 2019 and a record low of 42.81 GBP Million in December of 2001. This page includes a chart with historical data for the United Kingdom Imports of Intra EU - Tanning, Dyeing Extracts, O.

The Gross Domestic Product (GDP) in Malaysia expanded 3.60 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Malaysia averaged 4.77 percent from 2000 until 2019, reaching an all time high of 10.30 percent in the first quarter of 2010 and a record low of -6.20 percent in the first quarter of 2009. Malaysia is a developing economy in Asia which, in recent years, has successfully transformed from an exporter of raw materials into a diversified economy. The largest sector of the economy is services, accounting for around 54 percent of GDP. Manufacturing sector has been growing in recent years and now accounts for 25 percent of GDP and more than 60 percent of total exports. Mining and quarrying constitutes 9 percent of GDP and agriculture 9 percent. This page provides - Malaysia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Iran expanded 1.80 percent in the second quarter of 2018 over the same quarter of the previous year. GDP Annual Growth Rate in Iran averaged 4.53 percent from 1963 until 2018, reaching an all time high of 23.01 percent in the second quarter of 1992 and a record low of -12.54 percent in the fourth quarter of 1979. Iran has a fairy diversified economy. Although the country is one of the world’s major oil producers, the oil sector accounts only for 23 percent of GDP. The largest contributor to the GDP is services (around 50 percent of total output). Within services, the most important are real estate and specialized and professional services (14 percent of GDP); trade, restaurants and hotels (12 percent of GDP) and public services (10 percent of GDP). Manufacturing and mining constitute 20 percent of GDP and agriculture 10 percent. This page provides - Iran GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Mongolia expanded 5.10 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Mongolia averaged 5.63 percent from 1991 until 2019, reaching an all time high of 17.50 percent in the fourth quarter of 2011 and a record low of -9.30 percent in the fourth quarter of 1992. Mongolia's services sector is the biggest and accounts for 43 percent of GDP. Industry has been expanding heavily in the past few years, contributing the most to economic growth and accounting for 34 percent of total output. Finally, agriculture makes up for 13 percent of total GDP. This page provides - Mongolia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.