The global economy continues to run at low speed and many countries, particularly in Europe, seem unable to overcome the legacies of the crisis. With high unemployment, high inequality and low trust still weighing heavily, it is imperative to swiftly implement reforms that boost demand and employment and raise potential growth.

The Japanese standard VAT (CT) rate is 8.0%, which is below the OECD average. The average VAT/GST¹ standard rate in the OECD was 19.3% as of 1 January 2019. The previous standard VAT rate in Japan was 5% in 2013. It changed to the current level in 2014. Japan does not have any reduced rates.

Luxembourg scored 80 points out of 100 on the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Index in Luxembourg averaged 83.36 Points from 1995 until 2019, reaching an all time high of 90 Points in 2002 and a record low of 68.50 Points in 1995. 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 - Luxembourg Corruption Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Imports: Optical & Precision Intruments Watches & Clocks in South Africa increased to 2766.35 ZAR Million in March from 2672.27 ZAR Million in February of 2020. Imports: Optical & Precision Intruments Watches & in South Africa averaged 2577.84 ZAR Million from 2014 until 2020, reaching an all time high of 3242.48 ZAR Million in August of 2019 and a record low of 1968.03 ZAR Million in January of 2015. This page includes a chart with historical data for South Africa Imports of Optical & Precision Intruments Watches.

Myanmar is the 130 least corrupt nation out of 175 countries, according to the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Rank in Myanmar averaged 155.12 from 2003 until 2019, reaching an all time high of 180 in 2011 and a record low of 129 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 rank indicates its position relative to the other countries and territories in the index. This page provides the latest reported value for - Myanmar Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Austrian standard VAT rate is 20.0%, which is above the OECD average. The average VAT/GST¹ standard rate in the OECD was 19.3% as of 1 January 2019. The previous standard VAT rate in Austria was 18% in 1983. It changed to the current level in 1984. Austria applies reduced VAT rates of 10% and 13% to a number of goods and services as well as one specific regional rates.

Uruguay scored 71 points out of 100 on the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Index in Uruguay averaged 63.02 Points from 1997 until 2019, reaching an all time high of 74 Points in 2015 and a record low of 41.40 Points in 1997. 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 - Uruguay Corruption Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Uruguay is the 21 least corrupt nation out of 175 countries, according to the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Rank in Uruguay averaged 27.14 from 1997 until 2019, reaching an all time high of 42 in 1998 and a record low of 19 in 2013. 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 - Uruguay Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Morocco scored 41 points out of 100 on the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Index in Morocco averaged 36.76 Points from 1998 until 2019, reaching an all time high of 47 Points in 2000 and a record low of 32 Points in 2004. 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 - Morocco Corruption Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Morocco is the 80 least corrupt nation out of 175 countries, according to the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Rank in Morocco averaged 74.52 from 1998 until 2019, reaching an all time high of 91 in 2013 and a record low of 37 in 2000. 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 - Morocco Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The global economy continues to run at low speed and many countries, particularly in Europe, seem unable to overcome the legacies of the crisis. With high unemployment, high inequality and low trust still weighing heavily, it is imperative to swiftly implement reforms that boost demand and employment and raise potential growth.

Nepal scored 34 points out of 100 on the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Index in Nepal averaged 27.25 Points from 2004 until 2019, reaching an all time high of 34 Points in 2019 and a record low of 22 Points 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 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 - Nepal Corruption Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Nepal is the 113 least corrupt nation out of 175 countries, according to the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Rank in Nepal averaged 126.50 from 2004 until 2019, reaching an all time high of 154 in 2011 and a record low of 90 in 2004. 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 - Nepal Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Rwanda scored 53 points out of 100 on the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Index in Rwanda averaged 44.27 Points from 2005 until 2019, reaching an all time high of 56 Points in 2018 and a record low of 25 Points in 2006. 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 - Rwanda Corruption Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Rwanda is the 51 least corrupt nation out of 175 countries, according to the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Rank in Rwanda averaged 67.73 from 2005 until 2019, reaching an all time high of 121 in 2006 and a record low of 44 in 2015. 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 - Rwanda Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

This publication provides detailed country notes on Value Added Tax/Goods and Services Tax (VAT/GST) and excise duty rates in OECD member countries.

The Belgian standard VAT rate is 21.0%, which is above the OECD average. The average VAT/GST¹ standard rate in the OECD was 19.3% as of 1 January 2019. The previous standard VAT rate in Belgium was 20.5% in 1995. It changed to the current level in 1996. Belgium applies reduced VAT rates of 0%, 6% and 12% to a number of goods and services.

Brunei scored 60 points out of 100 on the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Index in Brunei averaged 57.78 Points from 2009 until 2019, reaching an all time high of 63 Points in 2018 and a record low of 52 Points in 2011. 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 - Brunei Corruption Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Malawi scored 31 points out of 100 on the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Index in Malawi averaged 32.27 Points from 1998 until 2019, reaching an all time high of 41 Points in 1999 and a record low of 27 Points in 2006. 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 - Malawi Corruption Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Mali is the 130 least corrupt nation out of 175 countries, according to the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Rank in Mali averaged 107.71 from 2003 until 2019, reaching an all time high of 130 in 2019 and a record low of 77 in 2004. 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 - Mali Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

A simple econometric framework is presented linking current account balances of euro area countries to intra and extra euro area competitiveness, cyclical positions, fiscal positions and the oil price.

The global economy continues to run at low speed and many countries, particularly in Europe, seem unable to overcome the legacies of the crisis. With high unemployment, high inequality and low trust still weighing heavily, it is imperative to swiftly implement reforms that boost demand and employment and raise potential growth.

In many OECD countries, the labour market has yet to recover the lost ground suffered in the aftermath of the financial crisis. In some of them, unemployment has been persistently high, resulting in a very high incidence of long-term unemployment.

Technological change is increasing the productivity of highly skilled workers but creating more challenging labour-market conditions for their low-skilled counterparts.

This paper focusses on the link between urbanisation and consumption behaviour in China.

Rapid technological change – from digitalisation to artificial intelligence, 3D printing and nanomaterials – is transforming the way goods and services are produced and consumed. It will have profound implications for the dynamics of productivity, jobs, investment and trade over the next 10 to 15 years.

The OECD Working Group on Bribery reaffirms the importance of the independence of prosecutors and judges and is concerned that Brazil’s achievements in fighting corruption may be seriously jeopardised by recent legislative developments.

The OECD Working Group on Bribery urges Brazil, one of the founding Parties to the Anti-Bribery Convention since 1997, to preserve the full capacity and independence of law enforcement authorities to investigate and prosecute foreign bribery and corruption.

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.

3-4 September 2014, Phnom Penh, Cambodia: This conference focused on the key levers for restoring trust in government and building trust by and in the private sector and civil society.

“Life is full of alternatives but no choice.” G20 leaders at the summit in Brisbane, Australia, in November should reflect on these words by Australian writer Patrick White, a Nobel Laureate, as they prepare their economic strategies for the years to come.

Rapid population growth, ageing infrastructure and new weather risks are straining the ability of cities in OECD countries to provide clean water and to protect against floods and droughts, according to a new OECD report. Cities will need large-scale investment and more effective tariffs and taxes to pay for upgrades to water systems.

The OECD and Ukraine today signed an Action Plan for strengthening co-operation to help tackle corruption, improve public governance and the rule of law, boost investment and foster a dynamic business environment.

14-16 June 2016, Paris: The OECD hosted an International Anti-Corruption Conference organised by the French Ministry of Justice, and with the support of the World Bank and the United Kingdom. This conference brought together representatives from anti-corruption authorities worldwide responsible for investigating and prosecuting corruption.

Significant corruption, labour, human rights and environmental risks are associated with the organisation of large sporting events. The OECD has instruments and expertise in implementation of complex projects can help host governments, event organisers and their business partners ensure that the world of sport remains associated with the traditional values of excellence and fair play.

The OECD and the Greek Government, with the support of the European Commission, today launched a collaboration project to strengthen Greece’s action plan to fight corruption.

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.

The 2017 OECD Global Anti-Corruption and Integrity Forum will tackle issues related to fair competition and economic growth, the inequality gap, a level playing field for business, the public interest in policy making and trust in government and politics

The OECD assessed the legal framework of key anti-corruption related legislation in the Slovak Republic in order to set the ground for strengthening integrity in the Slovak public sector and beyond.

This compendium of good practices was prepared by the OECD at the request of the G20 Anti-corruption Working Group (ACWG), to raise awareness of the benefits of the digital transformation in the public sector, including governance, productivity, economic development and social innovation.

Combatting corruption and restoring trust in institutions by upholding the principles of public integrity will be at the heart of a major conference in Athens from 11-12 July 2017.

At the leader’s summit in Hamburg on July 7-8, 2017, the G20 High Level Principles on Combatting Corruption Related to Illegal Trade in Wildlife and Wildlife Products were launched as an annex to the Leaders’ Declaration. The Task Force on Countering Illicit Trade (TF-CIT) provided substantive input to this document throughout its development.

This brochure describes the multiple domains where the OECD is engaged in fighting corruption and boosting integrity. It relates how the CleanGovBiz initiative is drawing together for the first time these anti-corruption tools under a single umbrella.

This brochure looks at the corruption, labour, human rights and environmental risks associated with the organisation of large sporting events. It describes how OECD instruments and expertise in implementation of complex projects can help host governments, event organisers and their business partners ensure that the world of sport remains associated with the traditional values of excellence and fair play.

14-16 June 2016, Paris: The OECD hosted an International Anti-Corruption Conference organised by the French Ministry of Justice, and with the support of the World Bank and the United Kingdom. This conference brought together representatives from anti-corruption authorities worldwide responsible for investigating and prosecuting corruption.

Corruption undermines economic and social progress and steals the future of young generations. Parties to the OECD Anti-Bribery Convention are required to criminalise bribery of foreign public officials but does this make a difference on the ground? This paper estimates a dynamic foreign direct investment (FDI) gravity model to explore the impact of corruption in general and the OECD Anti-Bribery Convention in particular.

The 2017 OECD Global Anti-Corruption and Integrity Forum will tackle issues related to fair competition and economic growth, the inequality gap, a level playing field for business, the public interest in policy making and trust in government and politics

This essay by the OECD's Mats Isaksson and Serdar Çelik traces the evolution of global corporate governance standards and make the case for strong, clear, yet flexible public policy to support capital formation, economic stability, and growth. It is published by the Columbia Law School's Millstein Center for Global Markets and Corporate Ownership on the occasion of the Center’s 10-year anniversary.

Significant corruption, labour, human rights and environmental risks are associated with the organisation of large sporting events. The OECD has instruments and expertise in implementation of complex projects can help host governments, event organisers and their business partners ensure that the world of sport remains associated with the traditional values of excellence and fair play.

27-28 March 2018, Paris: Under the theme “Planet Integrity”, the Forum will debate how integrity cultivates a level playing field for business, reduces socio-economic inequalities, and makes public policies more effective - enhancing the benefits of globalisation for all.