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Urban Green Growth in Dynamic Asia: Knowledge Sharing

Knowledge sharing is critical in fostering urban green growth. Cities in dynamic Asia urgently need to adopt and strengthen green growth models that take into account rapid urbanisation, industrialisation, and motorisation.




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OECD Ministers reinforce importance of investment for strong, green and inclusive growth

The OECD’s Annual Meeting at Ministerial Level reinforced member governments’ support across a broad range of key OECD work.




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Improving public sector efficiency for more inclusive growth in Latvia

This working paper explores avenues to improve public sector efficiency in Latvia, a catching-up and ageing economy where spending needs are large.




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Effective regulation is a lever for inclusive growth

Governments should do more to improve the design and delivery of new laws, as even small efforts to fix regulatory shortcomings can have a tangible positive impact on economic activity and well-being, according to a new OECD report.




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Further reforms needed to tackle growing risk of pensioner poverty

Recent reforms have made pension systems more financially sustainable and pensioners have higher living standards than ever before. But future generations are likely to find their pension entitlements much less generous than today’s and many may face a serious risk of pensioner poverty, according to a new OECD report.




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Searching for the inclusive growth tax grail: the distributional impact of growth enhancing tax reform in Ireland

TThe economic literature suggests that a revenue-neutral shift of tax revenues from income taxes to property taxes would increase GDP per capita in the medium term. This paper analyses for Ireland the consequences of such a shift in the tax mix.




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Promoting inclusive growth through better regulation: The role of regulatory impact assessment

This paper examines the potential contribution of RIA to better incorporating the inclusive growth perspective in regulatory decision-making.




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Global mayors join forces to address inequalities and foster inclusive growth in cities worldwide

Mayors from cities across the United States, Asia, Europe, Africa and Latin America gathered in New York to launch a global campaign to address rising inequalities and foster inclusive growth in their cities, in their countries and worldwide.




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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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Making public finances more growth and equity-friendly in the euro area

To achieve a euro area fiscal stance that fosters the recovery, countries with fiscal space under the Stability and Growth Pact rules should use budgetary support to raise growth, and existing incentives and flexibility should be taken advantage of to pursue reforms of tax and spending policies.




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Global growth warning: weak trade, financial distortions

The global economy remains in a low-growth trap. In our latest Interim Economic Outlook global GDP growth is set to remain flat around 3% in 2016 and improve modestly to 3.2% in 2017.




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Mayors can play a key role in making inclusive growth a reality

Mayors and local leaders from around the world launched today a plan of action to help tackle inequality, boost job creation and harness economic development.




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The effect of the size and mix of public spending on growth and inequality

The effect of the size and mix of public spending on growth and inequality




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Using the fiscal levers to escape the low-growth trap

Using fiscal levers to escape the low-growth trap




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Can an increase in public investment sustainably lift economic growth?

This paper seeks to identify the conditions under which raising public investment can sustainably lift growth without deteriorating public finances.




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Public finance, economic growth and inequality: A survey of the evidence

This paper reviews the key issues concerning the impact of public spending and taxation on long-run growth and inequality and takes stock of existing theoretical and empirical studies.




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The positive effect of public investment on potential growth

An estimated baseline convergence model capturing the long-term effect of human capital and physical investment on potential output for a panel of OECD countries is augmented with public investment and its components.




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The effect of the size and the mix of public spending on growth and inequality

This paper provides evidence on the effects of the size and the composition of public spending on long-term growth and inequality.




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Deploy effective fiscal initiatives and promote inclusive trade policies to escape from the low-growth trap

For the last five years the global economy has been in a low-growth trap, with growth disappointingly low and stuck at around 3 per cent per year. Persistent growth shortfalls have weighed on future output expectations and thereby reduced current spending and potential output gains.




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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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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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Towards an empowering state: Turning inclusive growth into a global reality

It is hardly surprising that rising inequality has translated into growing political disaffection, anti-market sentiment and disenchantment with globalisation. In such a context, we desperately need to take action to promote inclusive growth and restore public confidence in the power of policymakers to improve people’s lives.




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Making income and property taxes more growth-friendly and redistributive in India

Tax reforms are crucial to promoting inclusive growth in India.




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Making stock markets work to support economic growth

This study provides critical observations on the state of key global equity markets as recent developments have put into question their efficiency and effectiveness in facilitating capital formation. It covers the top 26 initial public offering (IPO) producing nations, with a particular focus on stock markets in the United States.




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Corporate governance, value creation and growth

This programme focuses on the pivotal role that corporate governance plays for ensuring that the financial sector can serve the needs of non-financial companies in terms of access to capital for innovation, value creation and growth.




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OECD Ministers reinforce importance of investment for strong, green and inclusive growth

The OECD’s Annual Meeting at Ministerial Level reinforced member governments’ support across a broad range of key OECD work.




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What is blocking business investment and productivity growth?

21/05/2016 - It is seven years since the global crisis and despite easy monetary policy, financial regulatory reform, and G20 resolutions favouring structural measures, the world economy is not making a lot of progress. Adrian Blundell-Wignall gives a preview of what’s in the 2016 edition of the OECD Business and Finance Outlook.




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Bulgaria GDP Annual Growth Rate

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.




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Ireland GDP Annual Growth Rate

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.




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Poland GDP Annual Growth Rate

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.




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Maldives GDP Annual Growth Rate

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.




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Afghanistan GDP Annual Growth Rate

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.




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Poland Employment Growth YoY

Employment in Poland increased by 0.30 in March of 2020. Employment Change in Poland averaged 2.11 percent from 2006 until 2020, reaching an all time high of 5.80 percent in January of 2008 and a record low of -2.40 percent in September of 2009. In Poland, employment growth refers to the annual change of employment in the enterprise sector, which concerns units employing more than 9 persons and conducting economic activity within the scope of the following areas: forestry and logging; marine fishing; mining and quarrying; manufacturing; electricity, gas, steam and air conditioning supply; water supply; sewerage, waste management and remediation activities; construction; wholesale and retail trade; repair of motor vehicles and motorcycles; transportation and storage; accommodation and food service activities; information and communication; real estate activities; legal and accounting activities; activities of head offices; management consultancy activities; architectural and engineering activities; technical testing and analysis; advertising and market research; other professional, scientific and technical activities; administrative and support service activities; arts, entertainment and recreation; repair of computers and personal and household goods; other personal service activities. This page provides - Poland Employment Growth YoY- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Croatia GDP Annual Growth Rate

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.




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Czech Republic GDP Annual Growth Rate

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.




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Israel GDP Growth Annualized

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.




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Macedonia GDP Annual Growth Rate

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.




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Mozambique GDP Annual Growth Rate

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.




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Slovenia GDP Annual Growth Rate

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.




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Cameroon GDP Growth Rate

The Gross Domestic Product (GDP) in Cameroon expanded 2.70 percent in the first quarter of 2018 over the previous quarter. GDP Growth Rate in Cameroon averaged 1.04 percent from 2010 until 2018, reaching an all time high of 2.90 percent in the first quarter of 2013 and a record low of -1.60 percent in the fourth quarter of 2015. Cameroon is a commodity dependent economy with oil accounting for over 50 percent of total exports. Yet, agriculture employs more than 50 percent of its workforce. This page provides the latest reported value for - Cameroon GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Cuba GDP Annual Growth Rate

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.




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Portugal Wage Growth in Services

Wages in Portugal increased 3.30 percent in November of 2019 over the same month in the previous year. Wage Growth in Portugal averaged 0.17 percent from 2006 until 2019, reaching an all time high of 8.50 percent in November of 2018 and a record low of -10.10 percent in November of 2012. In Portugal, wage growth in the service sector refers to the annual change of the index of gross wages and salaries in services. The service sector contributes to 77 percent of gross value added and employs about 68 percent of the population. This page provides - Portugal Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Macedonia Real Wage Growth

Wages in Macedonia increased 5.50 percent in December of 2019 over the same month in the previous year. Wage Growth in Macedonia averaged 2.02 percent from 2008 until 2019, reaching an all time high of 19.60 percent in June of 2009 and a record low of -4.50 percent in May of 2011. This page provides - Macedonia Real Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Switzerland Nominal Wage Growth

Wages in Switzerland increased 0.50 percent in September of 2019 over the same month in the previous year. Wage Growth in Switzerland averaged 1.51 percent from 1991 until 2019, reaching an all time high of 7.80 percent in the second quarter of 1991 and a record low of 0.10 percent in the first quarter of 2017. This page provides - Switzerland Nominal Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Czech Republic Real Wage Growth

Wages in Czech Republic increased 3.60 percent in December of 2019 over the same month in the previous year. Wage Growth in Czech Republic averaged 2.97 percent from 2001 until 2019, reaching an all time high of 7.40 percent in the third quarter of 2002 and a record low of -3.10 percent in the fourth quarter of 2013. In Czech Republic, Real Wage Growth measures the year-on-year change in average gross monthly wage per full-time equivalent employee adjusted for inflation. This page provides - Czech Republic Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Euro Area Wage Growth

Wages In the Euro Area increased 2.30 percent in December of 2019 over the same month in the previous year. Wage Growth in the Euro Area averaged 1.88 percent from 2009 until 2019, reaching an all time high of 3.40 percent in the second quarter of 2009 and a record low of 0.80 percent in the third quarter of 2010. In the Euro Area, wage growth refers to the change in the total remuneration, in cash or in kind, payable to all persons counted on the payroll (including home workers), in return for work done during the accounting period, regardless of whether it is paid on the basis of working time, output or piecework and whether it is paid regularly. This page provides the latest reported value for - Euro Area Wage Growth - 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 Real Wage Growth YoY

Wages in Germany increased 0.70 percent in December of 2019 over the same month in the previous year. Wage Growth in Germany averaged 0.45 percent from 1992 until 2019, reaching an all time high of 6 percent in the third quarter of 1992 and a record low of -2.70 percent in the third quarter of 1997. This page provides the latest reported value for - Germany Wage Growth - 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 Wage Growth

Wages in Cyprus increased 2.90 percent in December of 2019 over the same month in the previous year. Wage Growth in Cyprus averaged 1.93 percent from 2004 until 2019, reaching an all time high of 7.10 percent in the third quarter of 2008 and a record low of -3.40 percent in the fourth quarter of 2013. In Cyprus, Wage Growth measures the year-on-year change in average monthly earnings of employees. This page provides - Cyprus Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Slovenia Wage Growth

Wages in Slovenia increased 4.97 percent in February of 2020 over the same month in the previous year. Wage Growth in Slovenia averaged 3.07 percent from 2006 until 2020, reaching an all time high of 11.21 percent in September of 2008 and a record low of -2.42 percent in November of 2012. This page provides - Slovenia Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Poland Corporative Sector Wage Growth

Wages in Poland increased 6.30 percent in March of 2020 over the same month in the previous year. Wage Growth in Poland averaged 5.33 percent from 2006 until 2020, reaching an all time high of 13.16 percent in February of 2008 and a record low of 0.38 percent in January of 2013. In Poland, Corporate Sector Wages measures year over year change in average monthly gross wage in the enterprise sector. This page provides - Poland Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news.