The inflation rate in Iraq was recorded at 0.90 percent in January of 2020. Inflation Rate in Iraq averaged 9.53 percent from 2005 until 2020, reaching an all time high of 76.55 percent in August of 2006 and a record low of -6.37 percent in October of 2009. In Iraq, the most important components of the Consumer Price Index (CPI) basket are: housing, water, electricity and LPG (31.3 percent of total weight) and food and non-alcoholic beverages (30.1 percent). Transportation accounts for 11.1 percent, clothes and footwear for 7.3 percent, house supplies, appliances and maintenance for 6.4 percent. The index also includes: miscellaneous services and goods (3.9 percent), communications (2.9 percent), health (2.3 percent), recreation and culture (1.6 percent), restaurants (1.4 percent), education (1 percent) and alcoholic, beverages and tobacco (0.7 percent). The index has a base of 100 as of 2007. This page provides the latest reported value for - Iraq Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The benchmark interest rate in Iraq was last recorded at 4 percent. Interest Rate in Iraq averaged 6.67 percent from 2004 until 2020, reaching an all time high of 20 percent in December of 2007 and a record low of 4 percent in March of 2016. In Iraq, interest rates decisions are taken by the Central Bank of Iraq. The official interest rate is the Policy Rate. This page provides the latest reported value for - Iraq Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Temperature in Gambia decreased to 26.95 celsius in August from 28.92 celsius in July of 2013. Temperature in Gambia averaged 27.54 celsius from 1849 until 2013, reaching an all time high of 31.66 celsius in May of 2005 and a record low of 21.63 celsius in January of 1889. This page includes a chart with historical data for Gambia Temperature.

The Corporate Tax Rate in Gambia stands at 31 percent. In the Gambia, the corporate income tax rate is paid by companies or partnerships on their turnover or profit. Corporate income tax rate is currently the higher of 31 percent of the taxable profit and 1.5 percent of turnover for the year. However, if for any reason the company accounts are not audited, the corporate tax on turnover should be 2.5 percent and not 1.5 percent. This page provides - Gambia Corporate Tax Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Unemployment Rate in Gambia remained unchanged at 8.90 percent in 2019 from 8.90 percent in 2018. Unemployment Rate in Gambia averaged 9.79 percent from 1991 until 2019, reaching an all time high of 10.60 percent in 1999 and a record low of 8.90 percent in 2017. In Gambia, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides the latest reported value for - Gambia Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The benchmark interest rate in Gambia was last recorded at 12 percent. Interest Rate in Gambia averaged 18.64 percent from 2002 until 2020, reaching an all time high of 34 percent in September of 2003 and a record low of 12 percent in July of 2012. In Gambia, interest rates decisions are taken by the Central Bank of Gambia’s Monetary Policy Committee in its Monetary Policy Meetings. The CBG’s official interest rate is the policy rate. This page provides the latest reported value for - Gambia Interest 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 Gambia expanded 5.40 percent in 2019 from the previous year. GDP Annual Growth Rate in Gambia averaged 3.77 percent from 1968 until 2019, reaching an all time high of 12.39 percent in 1975 and a record low of -8.10 percent in 2011. Gambia, the smallest country in continental Africa, is one of the poorest nations in the world. Over 60 percent of population live below poverty line and the country depends on regular foreign aid to balance its budget. The main sector of the economy is agriculture, 75 percent of population depend on crops and livestock. In recent years, Gambia’s economy has been steadily growing due to development of tourism, inflow of remittances and re-exports. And the government is trying to keep the pace of expansion by undertaking reforms focusing on the modernization of the agriculture. This page provides - Gambia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Consumer Price Index in Gambia increased 0.63 percent in December of 2019 over the previous month. Inflation Rate Mom in Gambia averaged 0.53 percent from 2011 until 2019, reaching an all time high of 1.29 percent in April of 2019 and a record low of 0.14 percent in April of 2012. Inflation Rate MoM measures month over month change in the price of goods and services. This page provides - Gambia Inflation Rate MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.

In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Gambia thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Gambia as reported by major credit rating agencies.

Temperature in Burundi increased to 21.08 celsius in December from 20.68 celsius in November of 2015. Temperature in Burundi averaged 20.09 celsius from 1850 until 2015, reaching an all time high of 22.86 celsius in September of 2013 and a record low of 17.62 celsius in December of 1860. This page includes a chart with historical data for Burundi Average Temperature.

Unemployment Rate in Burundi remained unchanged at 1.50 percent in 2019 from 1.50 percent in 2018. Unemployment Rate in Burundi averaged 1.79 percent from 1991 until 2019, reaching an all time high of 2.10 percent in 1999 and a record low of 1.50 percent in 1992. In Burundi, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides the latest reported value for - Burundi Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The benchmark interest rate in Burundi was last recorded at 5.22 percent. Interest Rate in Burundi averaged 9.87 percent from 2007 until 2019, reaching an all time high of 16.24 percent in July of 2012 and a record low of 5.07 percent in June of 2018. In Burundi, interest rates decisions are taken by the Monetary Committee of the Bank of Burundi. The official rate is the refinance rate. This page provides the latest reported value for - Burundi Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The inflation rate in Burundi was recorded at 5.10 percent in January of 2020. Inflation Rate in Burundi averaged 10.81 percent from 1974 until 2020, reaching an all time high of 44.93 percent in May of 1997 and a record low of -8.40 percent in October of 2018. In Burundi, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods. This page provides - Burundi Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Consumer Price Index in Burundi increased 1.10 percent in January of 2020 over the previous month. Inflation Rate Mom in Burundi averaged 0.45 percent from 2012 until 2020, reaching an all time high of 6.80 percent in February of 2017 and a record low of -2.60 percent in June of 2019. This page provides - Burundi Inflation Rate MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.

In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Burundi thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Burundi as reported by major credit rating agencies.

This seminar aimed to advance shared understandings on policies to make the most of cross-border capital flows in support of growth and development and on the value of international co-operation, including the OECD Codes of Liberalisation, in the current context of serious global financial turbulence.

Global solutions are needed to ensure that tax systems do not unduly profit multinational enterprises, leaving citizens and small businesses with bigger tax bills.

The current Polish framework for fighting foreign bribery is still inadequate to fully meet foreign bribery risks resulting from Poland’s growing economy, says a new OECD report.

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.

The European Commission has proposed an integrated EU approach to stop profits from trading minerals being used to fund armed conflicts. The package of measures aims to make it more difficult for armed groups in conflict-affected and high-risk areas to finance their activities through the mining of and trade in minerals.

Beijing, 24 October 2014 - China presented guidelines intended to provide a roadmap for the responsible business conduct of Chinese companies operating overseas. In addition, China and the OECD signed a Memorandum of Understanding to promote the implementation by Chinese companies of responsible business conduct in global mineral supply chains.

Kazakhstan’s new anti-corruption strategy must be better defined, involving key stakeholders, with targeted actions and goals that address the key corruption challenges facing the country, says a new OECD report by the Istanbul Anti-Corruption Action Plan (IAP).

Widespread corruption was one of the main reasons that led to the change of the political regime in Ukraine in 2014. The new administration pledged to fight corruption, a challenging task in the current context of the economic crisis and military conflict in the East of the country.

With a focus on the Asia-Pacific region, this conference addressed what the Sustainable Development Goals will mean for business and how business sustainability strategies can be aligned to support their implementation.

In a historic visit by Chinese Premier Li Keqiang to the OECD in Paris, the People’s Republic of China today decided to enhance longstanding collaboration with the OECD and to join the OECD Development Centre.

There is strength in unity but when it comes to regional co-operation to enhance development, this lesson can be lost. This blog post examines how regions such as the Southern African Community for Development (SADC) and the Association of Southeast Asian Nations (ASEAN) use the Policy Framework for Investment to enhance their investment policies and to attract investment that works for the development of the region as a whole.

The OECD has produced assessments of country-specific investment strategies in G20 countries in order to improve the investment ecosystem, foster efficient infrastructure investment and support financing opportunities for SMEs. This booklet reproduces the highlights of these assessments which have been transmitted to G20 leaders for consideration at their Summit in November 2015..

This report on climate change disclosure in G20 countries takes stock of mandatory climate change reporting schemes in G20 countries and identifies commonalities and divergences between the various schemes.

Focused mainly on the Democratic Republic of the Congo, this report takes stock of 5 years of implementation of national and international programmes and initiatives designed to operationalise the recommendations of the OECD Due Diligence Guidance on Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas in the Great Lakes Region of Central Africa.

This update report by the IMF and the OECD was delivered to G20 in February 2016.

Leaders of the G20 countries meeting at their Summit in Hangzhou, China, have called on the OECD to help develop an agenda to build a stronger, more innovative and inclusive world economy.

Brandon L. Garrett is the Justice Thurgood Marshall Distinguished Professor of Law at the University of Virginia School of Law and author of Convicting the Innocent (2011) and Too Big to Jail (2014). These comments on corporate criminal liability are a contribution to a public consultation conducted by the OECD Working Group on Bribery.

9 December 2016, Paris: Held on International Anti-Corruption Day, this roundtable provided an opportunity for governments, the private sector, civil society, and the media, to reflect on the liability of legal persons following more than 15 years of work by the OECD Working Group on Bribery to promote its application for foreign bribery.

The paper summarises views expressed by practitioners at a workshop in Beijing on 13-14 April 2016 with respect to contemporary challenges in international co-operation in corruption cases and possible solutions to mitigate these challenges. It has a practical orientation and is intended to contribute to ongoing dialogue at national and multilateral levels on enhancing international co-operation.

Finland has proactively investigated seven allegations of Finnish individuals or companies paying bribes to foreign public officials since 1999 but needs to address its discouragingly high acquittal rate.

Some 16 years after joining the OECD Anti-Bribery Convention, Argentina remains in serious non-compliance.

Promoting responsible business conduct in the financial sector is vital to building a sustainable global economy. This paper will help institutional investors implement the due diligence recommendations of the OECD Guidelines for Multinational Enterprises in order to prevent or address adverse impacts related to human and labour rights, the environment, and corruption in their investment portfolios.

“I am deeply saddened to learn about the tragic deaths of Michael Sharp and Zaida Catalan, members of the UN Group of Experts on the Democratic Republic of the Congo (DRC). On behalf of my Organisation, I wish to convey our condolences to their families and colleagues from the UN and beyond, who had the pleasure of working with them."

This paper presents the findings of an international stocktaking of the regulatory frameworks that apply to institutional investment in different jurisdictions and how these frameworks are interpreted by institutional investors in terms of their ability or responsibility to integrate environmental, social and governance (ESG) factors in their governance processes.

Drawing on data presented in the 2017 OECD Business and Finance Outlook, this article looks at some of the forces influencing recent economic developments and asks what can be done to ensure a “fairer” global economy.

Globalisation has failed to create a level playing field in trade, investment and corporate behaviour, being one of the factors contributing to a backlash against openness in many countries and a decline in confidence in government institutions.

The Czech Republic must strengthen its efforts to detect, investigate and prosecute foreign bribery. Seventeen years after ratifying the OECD Anti-Bribery Convention, the Czech Republic has yet to prosecute a case involving the bribery of foreign public officials.

Effective international co-operation between countries is crucial for the successful investigation, prosecution and sanction of international corruption offences.

Chile must make further progress on key recommendations of the OECD Working Group on Bribery in International Business Transactions, more than three years after its Phase 3 evaluation in March 2014.

Sweden has still not implemented reforms to its Penal Code initially recommended by the OECD Working Group on Bribery in June 2012. Sweden’s legal provisions on corporate liability do not meet the requirements of the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions.

7 December 2017, Paris - This workshop addressed the growing demand for transparency and information on how companies deal with human rights, environmental, social and other "non-financial" issues with a particular focus on how companies are identifying and addressing impacts in their supply chains.

As part of the implementation strategy for the recently adopted OECD Due Diligence Guidance for Responsible Supply Chains in the Garment and Footwear Sector, the OECD is conducting a series of surveys that target SMEs operating within the sector.

The consultation on appointing authorities and the selection of arbitrators in investor-state dispute settlement paper and comments received are being made available in order to foster informed public and inter-governmental debate.

The Gross Domestic Product (GDP) in Portugal expanded 2.20 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Portugal averaged 1.42 percent from 1996 until 2019, reaching an all time high of 5 percent in the second quarter of 1998 and a record low of -4.50 percent in the fourth quarter of 2012. On the expenditure side, household consumption is the main component of GDP and accounts for 66 percent of its total use, followed by government expenditure (19 percent) and gross fixed capital formation (15 percent). Exports of goods and services account for 40 percent of GDP and imports account for 40 percent. This page provides - Portugal GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Employment Rate in Portugal decreased to 54.70 percent in the first quarter of 2020 from 55.30 percent in the fourth quarter of 2019. Employment Rate in Portugal averaged 55.35 percent from 1998 until 2020, reaching an all time high of 59.20 percent in the second quarter of 2002 and a record low of 48.80 percent in the first quarter of 2013. In Portugal, the employment rate measures the number of people who have a job as a percentage of the working age population. This page provides - Portugal Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.