How can we build a global economy driven by innovation when half the population is missing out on the action? The short answer is, we can’t.

A moderate expansion is underway in most major advanced and emerging economies, but growth remains weak in the euro area, which runs the risk of prolonged stagnation if further steps are not taken to boost demand, according to the OECD’s latest Interim Economic Assessment.

Austria should eliminate subsidies which encourage early retirement and target social transfers more effectively, according to the OECD’s latest economic survey.

The Austrian economy is strengthening, supported by recent tax reform and a pick-up in international trade. With business and household confidence rising and the short-term outlook favourable, policymakers should enact deeper structural reforms that will improve both fiscal sustainability and social cohesion.

This article summarises discussions from an OECD Financial Roundtable on reducing bank dependence in financing small-and medium-sized enterprises (SMEs) and non-bank debt financing alternatives.

Belgian companies, mutualities and employment services should be more proactive in helping people with mental health problems stay in the workplace or find a job, according to a new OECD report.

Austria should eliminate subsidies which encourage early retirement and target social transfers more effectively, according to the OECD’s latest economic survey.

Euro area finance ministers meeting this week need to boost the firepower of the European stability funds to at least one trillion euros in order to restore market confidence, OECD Secretary-General Angel Gurría said today.

China’s new leadership has signalled that it is time to step up the pace of reform, building on the remarkable economic and social achievements to date while recognising the pressing need for deep structural changes. Indeed, far-reaching reforms are necessary for continuing to raise living standards and well-being, even as China is poised to become the world’s largest economy by around 2016.

The global economy is moving forward, but divergence between countries and regions reflects the uneven progress made toward recovery from the economic crisis, according to the OECD’s latest Economic Outlook. Historically high unemployment remains the most serious challenge facing governments.

The global economy is expected to continue expanding at a moderate pace over the coming two years, but policymakers must ensure that instability in financial markets and underlying fragility in some major economies are not allowed to derail growth, according to the OECD’s latest Economic Outlook.

Smarter planning for natural and man-made disasters that increases collaboration between countries and encourages households and businesses to take more responsibility would improve resilience and reduce future economic losses, a new OECD report says.

Despite relative affluence, workplace stress is a prominent feature of the US labour market. To the extent that job stress causes poor health outcomes – either directly through increased blood ressure, fatigue, muscle pain, etc. or indirectly through increased rates of cigarette smoking – policy to lessen job stress may be appropriate.

A moderate expansion is underway in most major advanced and emerging economies, but growth remains weak in the euro area, which runs the risk of prolonged stagnation if further steps are not taken to boost demand, according to the OECD’s latest Interim Economic Assessment.

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.

Productivity growth – the central driver of rising economic output and material living standards – has been slowing in many advanced and emerging economies in the wake of the crisis, according to new data released today in the OECD Compendium of Productivity Indicators.

The government has put a heavy emphasis on improving the business climate, thereby promoting a competitive, innovative and dynamic private business sector.

The Austrian economy is strengthening, supported by recent tax reform and a pick-up in international trade. With business and household confidence rising and the short-term outlook favourable, policymakers should enact deeper structural reforms that will improve both fiscal sustainability and social cohesion.

Modernisation has mainly been achieved by training young Slovenians to fill new occupations. In contrast, those with obsolete skills tend to retire or become unemployed rather than retrain, leaving Slovenia with persistent long-term unemployment, and amongst the lowest employment rates of older workers in the OECD.

Estonian growth is picking up again strongly in 2017 and the level of activity has finally surpassed its pre-crisis level, almost 10 years after the outset of the financial crisis. However, poverty remains among the highest in the OECD.

Slovenia has continued to shift from traditional manufacturing to business services and high-tech production. However, not all Slovenians have been included in this progress.

After a long period of lacklustre economic performance, robust growth has resumed.

A moderate expansion is underway in most major advanced and emerging economies, but growth remains weak in the euro area, which runs the risk of prolonged stagnation if further steps are not taken to boost demand, according to the OECD’s latest Interim Economic Assessment.

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.

In many OECD countries debt has soared to levels threatening fiscal sustainability, necessitating its reduction over the medium to longer term. This paper uses stylised simulations in a small, calibrated macroeconomic model which features endogenous interactions between fiscal policy, growth and financial markets.

The Netherlands is a global pioneer in water management with a long history of containing flood risks and reclaiming land from the sea. Yet it will need to adapt its water governance policies to meet the looming challenges of shifting demographics, regional development and climate change, according to an OECD report.

Smarter planning for natural and man-made disasters that increases collaboration between countries and encourages households and businesses to take more responsibility would improve resilience and reduce future economic losses, a new OECD report says.

The Municipality of Torreon sets the foundations to address and implement the 267 recommendations delivered by the OECD in February 2016

The Municipality of Torreon has reached 49% progress in implementing the 267 recommendations delivered by OECD to improve its regulatory framework.

To what extent can public deficits increase without putting fiscal sustainability at risk, given the specific current macroeconomic situation of protracted low growth and low interest rates, combined with relatively high government debt levels?

Housing Index in Argentina decreased to 557.66 SQ. METRE THO in February from 629.58 SQ. METRE THO in January of 2020. Housing Index in Argentina averaged 605.79 SQ. METRE THO from 1991 until 2020, reaching an all time high of 1119.25 SQ. METRE THO in December of 2007 and a record low of 127.13 SQ. METRE THO in January of 2002. In Argentina, the Housing Index is measured by surface area registered for private construction. This page provides - Argentina Permits for Floor Space - actual values, historical data, forecast, chart, statistics, economic calendar and news.

IP Addresses in Macedonia decreased to 377561 IP in the first quarter of 2017 from 405430 IP in the fourth quarter of 2016. IP Addresses in Macedonia averaged 314796.03 IP from 2007 until 2017, reaching an all time high of 421547 IP in the fourth quarter of 2013 and a record low of 56872 IP in the third quarter of 2007. This page includes a chart with historical data for MacedoniaIP Addresses.

Temperature in Macedonia increased to 23.59 celsius in August from 22.33 celsius in July of 2013. Temperature in Macedonia averaged 10.38 celsius from 1743 until 2013, reaching an all time high of 24.69 celsius in July of 1757 and a record low of -6.20 celsius in January of 1942. This page includes a chart with historical data for Macedonia Temperature.

The Corporate Tax Rate in Macedonia stands at 10 percent. Corporate Tax Rate in Macedonia averaged 10.54 percent from 2006 until 2018, reaching an all time high of 15 percent in 2006 and a record low of 10 percent in 2008. In Macedonia, 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 Macedonia. This page provides - Macedonia Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Personal Income Tax Rate in Macedonia stands at 10 percent. Personal Income Tax Rate in Macedonia averaged 12.53 percent from 2004 until 2018, reaching an all time high of 24 percent in 2005 and a record low of 10 percent in 2008. In Macedonia, 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 Macedonia. This page provides - Macedonia Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Debt in Macedonia increased to 4344.40 EUR Million in the fourth quarter of 2019 from 4302.30 EUR Million in the third quarter of 2018. Government Debt in Macedonia averaged 3234.03 EUR Million from 2007 until 2019, reaching an all time high of 4344.40 EUR Million in the fourth quarter of 2019 and a record low of 1387 EUR Million in the fourth quarter of 2008. This page provides - Macedonia Government Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Macedonia recorded a government debt equivalent to 40.70 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Macedonia averaged 35.91 percent from 1999 until 2018, reaching an all time high of 57.20 percent in 2000 and a record low of 20.50 percent in 2008. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Macedonia Government Debt to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Macedonia recorded a Current Account deficit of 0.30 percent of the country's Gross Domestic Product in 2018. Current Account to GDP in Macedonia averaged -4.07 percent from 1998 until 2018, reaching an all time high of -0.30 percent in 2018 and a record low of -12.70 percent in 2008. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Macedonia Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Military Expenditure in Macedonia decreased to 109 USD Million in 2018 from 112 USD Million in 2017. Military Expenditure in Macedonia averaged 136.48 USD Million from 1996 until 2018, reaching an all time high of 370 USD Million in 2001 and a record low of 102 USD Million in 1999.

The Gross Domestic Product per capita in Macedonia was last recorded at 5394.30 US dollars in 2018. The GDP per Capita in Macedonia is equivalent to 43 percent of the world's average. GDP per capita in Macedonia averaged 3973.77 USD from 1990 until 2018, reaching an all time high of 5394.30 USD in 2018 and a record low of 3057 USD in 1995. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page provides the latest reported value for - Macedonia GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The stocks of goods held by firms in Macedonia increased by 79359.30 MKD Million in 2018. Changes in Inventories in Macedonia averaged 27766.99 MKD Million from 2000 until 2018, reaching an all time high of 79359.30 MKD Million in 2018 and a record low of 7337 MKD Million in 2003. In Macedonia, changes in inventories are often a leading indicator for the overall performance of the economy. This page provides - Macedonia Changes in Inventories - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gross Fixed Capital Formation in Macedonia decreased to 130242.22 MKD Million in 2018 from 135317.85 MKD Million in 2017. Gross Fixed Capital Formation in Macedonia averaged 84941.86 MKD Million from 2000 until 2018, reaching an all time high of 143495.57 MKD Million in 2016 and a record low of 34716 MKD Million in 2001. This page provides - Macedonia Gross Fixed Capital Formation - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Macedonia recorded a Government Budget deficit equal to 1.80 percent of the country's Gross Domestic Product in 2018. Government Budget in Macedonia averaged -2.32 percent of GDP from 1993 until 2018, reaching an all time high of 2.40 percent of GDP in 2000 and a record low of -13.40 percent of GDP in 1993. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Macedonia Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Housing Index in Macedonia decreased to 96.23 Index Points in the third quarter of 2019 from 100.11 Index Points in the second quarter of 2019. Housing Index in Macedonia averaged 86.60 Index Points from 2000 until 2019, reaching an all time high of 102.94 Index Points in the fourth quarter of 2008 and a record low of 56.50 Index Points in the first quarter of 2000. This page provides - Macedonia Housing Index- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Banks Balance Sheet in Macedonia increased to 629160 MKD Million in November from 624755 MKD Million in October of 2019. Banks Balance Sheet in Macedonia averaged 361440.82 MKD Million from 2003 until 2019, reaching an all time high of 629160 MKD Million in November of 2019 and a record low of 113541 MKD Million in January of 2003. This page provides the latest reported value for - Macedonia Banks Balance Sheet - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Macedonia scored 35 points out of 100 on the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Index in Macedonia averaged 35.67 Points from 1999 until 2019, reaching an all time high of 45 Points in 2014 and a record low of 23 Points in 2003. 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 - Macedonia Corruption Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Macedonia is the 106 least corrupt nation out of 175 countries, according to the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Rank in Macedonia averaged 83 from 1999 until 2019, reaching an all time high of 107 in 2017 and a record low of 62 in 2010. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory's rank indicates its position relative to the other countries and territories in the index. This page provides the latest reported value for - Macedonia Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Sales Tax Rate in Macedonia stands at 18 percent. In Macedonia, 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 Macedonia. This page provides - Macedonia Sales Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M1 in Macedonia increased to 175684.63 MKD Million in December from 159560 MKD Million in November of 2019. Money Supply M1 in Macedonia averaged 69439.09 MKD Million from 2003 until 2019, reaching an all time high of 175684.63 MKD Million in December of 2019 and a record low of 23381.70 MKD Million in March of 2003. This page provides - Macedonia Money Supply M1- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M2 in Macedonia increased to 344811.19 MKD Million in December from 328061 MKD Million in November of 2019. Money Supply M2 in Macedonia averaged 195140.86 MKD Million from 2003 until 2019, reaching an all time high of 344811.19 MKD Million in December of 2019 and a record low of 62068 MKD Million in February of 2003. This page provides - Macedonia Money Supply M2- actual values, historical data, forecast, chart, statistics, economic calendar and news.