The labour market recovery in the Netherlands is lagging behind. As of the last quarter of 2015, the unemployment rate stood at 6.7%, just one percentage point lower than its cyclical peak and three percentage points higher from its level at the start of the global financial crisis. As a result of the sluggish recovery, the unemployment rate in the Netherlands is now slightly higher than that for the OECD as a whole.

Employment Rate in South Africa remained unchanged at 42.40 percent in the fourth quarter of 2019 from 42.40 percent in the third quarter of 2019. Employment Rate in South Africa averaged 43.16 percent from 2000 until 2019, reaching an all time high of 46.17 percent in the fourth quarter of 2008 and a record low of 41 percent in the first quarter of 2004. In South Africa, the employment rate measures the number of people who have a job as a percentage of the working age population. This page provides - South Africa Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Turkey is a significant and geopolitically critical economy. Its companies, like those from many other countries, operate in corruption-prone sectors and countries. In spite of this, only 10 allegations have come to the attention of Turkish authorities since foreign bribery became an offence in Turkey in 2003.

Unemployment in Turkey has been on an upward trajectory since 2012 and it has now peaked at nearly 11.7% (February 2017). This is in sharp contrast with the OECD average, which has been falling steadily and has now reached 5.9%.

Governments are increasingly assessing the effects of their policies and effectiveness of public institutions, and competition agencies are no exception. This factsheet was elaborated to help competition agencies advocate their work. It contains evidence on the links between competition and macro-economic outcomes.

Today Argentina has deposited its instrument of ratification making Argentina the first country from South America to become a Party to the Multilateral Convention on Mutual Administrative Assistance in Tax Matters and allowing it to benefit from cross border tax co-operation and information sharing.

The OECD’s Task Force on Tax and Development met in Seoul, on 30-31 October 2013. Governments, international and regional organisations, civil society and business representatives reviewed progress made since the previous meeting and explored further ways to help developing countries better mobilise their domestic resources.

Following the financial crisis in 2008, millions of citizens faced hardship as they set about repairing the damage done to their economies and to public finances. For most people, the necessary sacrifice was bearable as long as it was shared fairly by everyone in society. Unfortunately, the evidence shows that this was not the case when it came to some large global companies.

Taxes on wages have risen by about 1 percentage point for the average worker in OECD countries between 2010 and 2014 even though the majority of governments did not increase statutory income tax rates, according to a new OECD report.

The OECD and the United Nations Development Programme (UNDP) have launched a new initiative to help developing countries bolster domestic revenues by strengthening their tax audit capacities.

Healthcare costs are rising so fast in advanced economies that they will become unaffordable by mid-century without reforms, according to a new OECD report.

The OECD presented today the final package of measures for a comprehensive, coherent and co-ordinated reform of the international tax rules to be discussed by G20 Finance Ministers at their meeting on 8 October, in Lima, Peru.

Mr. James Karanja has been appointed as Head of the joint OECD/UNDP Tax Inspectors Without Borders (TIWB) Initiative effective 11 April 2016. Mr. Karanja will lead the development of TIWB, which has been designed to support developing countries to build tax audit capacity.

Significant progress has been made by an international programme designed to enhance developing countries’ ability to bolster domestic revenue collection through strengthening of tax audit capacities.

In 2014, the tax-to-GDP ratios of Indonesia, Malaysia, the Philippines and Singapore were below 17% of GDP compared to Japan and Korea, which both recorded tax-to-GDP ratios above 24%,according to new data released in the third edition of the OECD’s annual publication Revenue Statistics in Asian Countries.

The Inclusive Framework on BEPS ("IF") welcomes Djibouti as its newest member, bringing to 97 the total number of countries and jurisdictions participating on an equal footing in the project. Djibouti also joins the Global Forum on Transparency and Exchange of Information for Tax Purposes as its 141st member.

The Forum on Tax Administration (FTA) is the leading international body concerned with tax administration. The FTA, which brings together Tax Commissioners from 50 advanced and emerging tax administrations (including OECD and G20 countries), held its Plenary meeting in Oslo on 27-29 September.

International tax experts gathered today at the OECD in Paris to share experiences and identify best practices in the implementation of Tax Inspectors Without Borders (TIWB) programmes.

Over the last 50 years, the OECD led the way on tax issues and has been at the forefront of promoting transparency and co-operation in tax matters. Discover the international state of play with an interactive map presenting key indicators and outcomes of the OECD work on international tax matters, with close to 150 countries and jurisdictions.

The OECD has released the first peer reviews of the Country-by-Country (CbC) reporting initiative, demonstrating strong progress toward the imminent implementation of a key element in continuing efforts to improve taxation of multinational enterprises (MNEs) worldwide.

An innovative international co-operation initiative that deploys qualified experts in developing countries to strengthen their ability to effectively tax multinational enterprises has achieved significant milestones over the past year, according to a new annual report.

The OECD and Papua New Guinea's Internal Revenue Commission agreed today to gear up efforts to tackle tax base erosion and profit shifting by multinational enterprises in Papua New Guinea, through participation in the OECD/UNDP Tax Inspectors Without Borders initiative.

On 5 March, Morocco and Cameroon launched a new TIWB South-South bilateral programme in Yaoundé. The programme, a first between two Francophone African countries, will see Moroccan tax audit experts providing support to Cameroon.

The OECD and Brazil’s Receita Federal (RFB) issued a joint statement at the high-level event held on 11 July 2019 in Brasília, Brazil, to present the outcomes of the 15-month work programme carried out by OECD jointly with RFB.

TIWB will release its Annual Report 2018/19 on Tuesday, 24 September 2019 at 12:00 EST/18:00 CEST.

The international community has made important progress in improving developing countries’ ability to tax multinational enterprises and boost domestic revenue mobilisation. A leading element of international co-operation efforts is the Tax Inspectors Without Borders (TIWB) initiative - a joint OECD/UNDP programme launched in July 2015 to strengthen developing countries’ auditing capacity and multinationals’ compliance worldwide.

A signing ceremony between the Italian Revenue Agency (Agenzia delle Entrate) and the State Revenue Committee of Armenia took place at the OECD today, establishing work plans for two assistance programmes initiated through Tax Inspectors Without Borders (TIWB) – a joint OECD/UNDP capacity building initiative.

Today marks an important milestone for the OECD/UNDP Tax Inspectors Without Borders initiative (TIWB) with the launch of a project on automatic exchange of information. The project, which will be co-ordinated with the Global Forum on Transparency and Exchange of Information for Tax Purposes, was unveiled during its 10th Anniversary Meeting in Paris, France.

Tax revenues in Latin America and the Caribbean (LAC) increased to 23.1% of GDP on average in 2018, according to the new edition of Revenue Statistics in Latin America in the Caribbean published today. However, these gains are now under threat as a result of the region’s deteriorating fiscal outlook, which has been exacerbated by the Covid-19 pandemic.

Weapons Sales in South Africa increased to 149 USD Million in 2018 from 103 USD Million in 2017. Weapons Sales in South Africa averaged 51.06 USD Million from 1959 until 2018, reaching an all time high of 235 USD Million in 2010 and a record low of 1 USD Million in 1973. Weapons Sales are presented as a Trend-Indicator Value based on the known unit production costs of a core set of weapons such as aircraft, air defence systems, anti-submarine warfare weapons, armoured vehicles, artillery, engines, missiles, sensors, satellites, ships and others. The indicator aims to represent the transfer value of military resources rather than the financial value of the transfer.

Weapons Sales in South Korea increased to 1083 USD Million in 2018 from 751 USD Million in 2017. Weapons Sales in South Korea averaged 172.56 USD Million from 1972 until 2018, reaching an all time high of 1083 USD Million in 2018 and a record low of 7 USD Million in 1994. Weapons Sales are presented as a Trend-Indicator Value based on the known unit production costs of a core set of weapons such as aircraft, air defence systems, anti-submarine warfare weapons, armoured vehicles, artillery, engines, missiles, sensors, satellites, ships and others. The indicator aims to represent the transfer value of military resources rather than the financial value of the transfer.

Banks Balance Sheet in South Africa increased to 6579309 ZAR Million in March from 6070834 ZAR Million in February of 2020. Banks Balance Sheet in South Africa averaged 2171889.01 ZAR Million from 1986 until 2020, reaching an all time high of 6579309 ZAR Million in March of 2020 and a record low of 114781 ZAR Million in March of 1987. This page provides - South Africa Banks Balance Sheet - actual values, historical data, forecast, chart, statistics, economic calendar and news.

South Africa recorded a government budget deficit of 2581 ZAR Million in March of 2020. Government Budget Value in South Africa averaged -3119.13 ZAR Million from 1960 until 2020, reaching an all time high of 37586 ZAR Million in June of 2019 and a record low of -107881 ZAR Million in July of 2019. The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides - South Africa Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news.

South Africa must take urgent steps to proactively investigate and prosecute foreign bribery. No foreign bribery cases have been prosecuted since South Africa joined the Convention in 2007. The 4 on-going investigations – out of only 10 allegations that have surfaced to date – are also far from reaching the prosecution stage, according to a new report by the OECD Working Group on Bribery.

Organised in Bali on 24-25 March 2014, this forum addresses regional competitiveness for sustained growth. Individual sessions will discuss investment policy and promotion; SME policies; public-private partnerships; regulatory reform; and, innovation. These discussions will contribute to the objectives of the 2015 ASEAN Economic Community.

The Southeast Asian region has the potential to attract significant amounts of international investment in the coming years. To help ASEAN countries address the challenges that arise from an increased openness to investment, this report analyses the region's investment climate and suggests ways to bring about a greater convergence of both policies and outcomes for the countries involved.

This self-assessment report looks at South Africa's investment regime in the light of the OECD Codes of Liberalisation and the principle of National Treatment.

Turkey is a significant and geopolitically critical economy. Its companies, like those from many other countries, operate in corruption-prone sectors and countries. In spite of this, only 10 allegations have come to the attention of Turkish authorities since foreign bribery became an offence in Turkey in 2003.

This conference showcased ASEAN’s regional investment integration achievements and efforts. Practitioners highlighted policy reforms at the national and regional levels and considered practical measures to enhance integration. Ways to successfully attract investment that will strengthen ASEAN supply chains were identified.

Latin American economic growth is set to recover during the second half of 2015 and gain further speed in 2016, though with notable differences across countries.

This report builds on national reviews of seven countries in Southeast Asia. It looks at common challenges across the region and at the interplay between regional initiatives and national reforms.

Housing Index in South Africa increased to 544.47 Index Points in November from 539.71 Index Points in October of 2016. Housing Index in South Africa averaged 127.55 Index Points from 1966 until 2016, reaching an all time high of 544.47 Index Points in November of 2016 and a record low of 3.62 Index Points in January of 1966. The Absa house price indices are based on the total purchase price of homes in the 80-400 Sq. meter size category, priced at ZAR 4,2 million or less in 2015 (including improvements), in respect of which mortgage loan applications were received and approved by Absa. This page provides - South Africa Housing Index- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Health spending continues to rise faster than economic growth in most OECD countries, maintaining a trend observed since the 1970s. Health spending reached 9.5% of GDP on average in 2009, the most recent year for which figures are available, up from 8.8% in 2008, according to OECD Health Data 2011.

Harmful drinking is on the rise among young people and women in many OECD countries, partly due to alcohol becoming more available, more affordable and more effectively advertised, according to a new OECD report.

Healthcare costs are rising so fast in advanced economies that they will become unaffordable by mid-century without reforms, according to a new OECD report.

The recent mental health reform is an important step towards better services for people with mental ill-health, but Australia needs to do more to help people with mild to moderate mental health issues at and into work, according to a new OECD report.

Price levels for private hospital services in South Africa are comparable to the levels observed across OECD countries. But they are higher than what could be expected given the country’s income, according to a new OECD working paper.

Purchasing Power Parities (PPPs) are commonly used to convert national currencies to a common unit. The main novel feature in the 2017 report is the collection of comparable and output-based prices for hospital services that can then be applied to matching health accounts expenditure data so as to derive consistent price and volume comparisons of health and hospital goods and services consumed.

Australia’s labour market continues to perform well in comparison with other major developed countries. The unemployment rate, at 5.1% in May 2012, is among the lowest in the OECD.

Skills and educational development for inclusive and sustainable growth are becoming significant drivers in OECD countries.