Luxembourg recorded a government budget surplus of 1600 EUR Million in 2018. Government Budget Value in Luxembourg averaged 587.22 EUR Million from 1995 until 2018, reaching an all time high of 1600 EUR Million in 2018 and a record low of -358.40 EUR Million in 2004. 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 - Luxembourg Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Revenues in Luxembourg increased to 26788.30 EUR Million in 2018 from 24525.60 EUR Million in 2017. Government Revenues in Luxembourg averaged 15166.20 EUR Million from 1995 until 2018, reaching an all time high of 26788.30 EUR Million in 2018 and a record low of 6838.20 EUR Million in 1995. Government Revenues refer to all receipts the government gets, including taxes, custom duties, revenue from state-owned enterprises, capital revenues and foreign aid. Government Revenues are part of government budget balance calculation. This page provides - Luxembourg Government Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Myanmar recorded a government debt equivalent to 49.41 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Myanmar averaged 87.05 percent from 1998 until 2018, reaching an all time high of 216.04 percent in 2001 and a record low of 37.14 percent in 2013. 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 - Myanmar Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Myanmar recorded a Government Budget deficit equal to 2.50 percent of the country's Gross Domestic Product in 2018. Government Budget in Myanmar averaged -3.28 percent of GDP from 1994 until 2018, reaching an all time high of 1.70 percent of GDP in 2012 and a record low of -7.10 percent of GDP in 2000. 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 - Myanmar Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The transition from education to work is not easy for many young people, particularly when it comes to finding sustainable employment with progression opportunities. Recently established national policies to support youth will be only effective if implemented in a coordinated way at local level.

These country notes contain indicators which compare the political and institutional frameworks of national governments as well as revenues and expenditures, employment, and compensation. They include a description of government policies on integrity, e-government and open government.

Austria has taken important steps to improve its school system, but needs to reform its complex school governance to further improve quality and equity, according to a new OECD report.

Government at a Glance provides a dashboard of key indicators to help you analyse international comparisons of public sector performance.

Uruguay recorded a government budget deficit of 35177.36 UYU Million in February of 2020. Government Budget Value in Uruguay averaged -1838.32 UYU Million from 1999 until 2020, reaching an all time high of 11132.20 UYU Million in April of 2012 and a record low of -35177.36 UYU Million in February of 2020. 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 - Uruguay Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Debt in Romania increased to 323601.80 RON Million in the second quarter of 2019 from 314907.90 RON Million in the first quarter of 2019. Government Debt in Romania averaged 187764.88 RON Million from 2006 until 2019, reaching an all time high of 323601.80 RON Million in the second quarter of 2019 and a record low of 38469.80 RON Million in the fourth quarter of 2006. This page provides the latest reported value for - Romania Central Government Debt - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Government Debt in Canada increased to 685.45 CAD Billion in 2019 from 671.25 CAD Billion in 2018. Government Debt in Canada averaged 315.18 CAD Billion from 1962 until 2019, reaching an all time high of 685.45 CAD Billion in 2019 and a record low of 14.83 CAD Billion in 1962. This page provides - Canada Government Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Debt In the Euro Area increased to 9859512.70 EUR Million in 2018 from 9760551 EUR Million in 2017. Government Debt in the Euro Area averaged 6776424.73 EUR Million from 1995 until 2018, reaching an all time high of 9859512.70 EUR Million in 2018 and a record low of 4072618.10 EUR Million in 1995. This page provides - Euro Area Government Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Debt in Singapore increased to 641094.30 SGD Million in the fourth quarter of 2019 from 612971.40 SGD Million in the third quarter of 2019. Government Debt in Singapore averaged 234324.80 SGD Million from 1990 until 2019, reaching an all time high of 641094.30 SGD Million in the fourth quarter of 2019 and a record low of 47443.50 SGD Million in the first quarter of 1990. This page provides - Singapore Government Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Debt in Slovakia decreased to 43184 EUR Million in the fourth quarter of 2019 from 43273 EUR Million in the third quarter of 2019. Government Debt in Slovakia averaged 28637.91 EUR Million from 2002 until 2019, reaching an all time high of 44329 EUR Million in the third quarter of 2018 and a record low of 12737 EUR Million in the first quarter of 2003. This page provides - Slovakia Government Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Debt in Portugal decreased to 249980 EUR Million in the fourth quarter of 2019 from 252278 EUR Million in the third quarter of 2019. Government Debt in Portugal averaged 159351.93 EUR Million from 2000 until 2019, reaching an all time high of 252278 EUR Million in the third quarter of 2019 and a record low of 62915 EUR Million in the second quarter of 2000. This page provides the latest reported value for - Portugal General Government Gross Debt - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Government Debt in Spain decreased to 1188861917 EUR Thousand in the fourth quarter of 2019 from 1207754952 EUR Thousand in the third quarter of 2019. Government Debt in Spain averaged 560073464.89 EUR Thousand from 1990 until 2019, reaching an all time high of 1210915185 EUR Thousand in the second quarter of 2019 and a record low of 136774640 EUR Thousand in the fourth quarter of 1990. This page provides the latest reported value for - Spain General Government Debt - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Government Debt in Russia decreased to 12564.70 RUB Billion in the fourth quarter of 2019 from 14052 RUB Billion in the third quarter of 2019. Government Debt in Russia averaged 7974.09 RUB Billion from 2008 until 2019, reaching an all time high of 14052 RUB Billion in the third quarter of 2019 and a record low of 2454.90 RUB Billion in the third quarter of 2008. This page provides - Russia Government Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Debt in Netherlands decreased to 402002 EUR Million in the fourth quarter of 2019 from 415619 EUR Million in the third quarter of 2019. Government Debt in Netherlands averaged 331062.12 EUR Million from 1999 until 2019, reaching an all time high of 444527 EUR Million in the first quarter of 2015 and a record low of 203865 EUR Million in the fourth quarter of 1999. This page provides - Netherlands Government Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Debt in South Africa increased to 77987 USD Million in the fourth quarter of 2019 from 70836 USD Million in the third quarter of 2019. Government Debt in South Africa averaged 37410.59 USD Million from 2002 until 2019, reaching an all time high of 81061 USD Million in the first quarter of 2018 and a record low of 11594 USD Million in the first quarter of 2003. This page provides - South Africa Government Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Debt in Australia decreased to 424164 AUD Million in February from 430211 AUD Million in January of 2020. Government Debt in Australia averaged 181251.67 AUD Million from 2007 until 2020, reaching an all time high of 430211 AUD Million in January of 2020 and a record low of -50019 AUD Million in May of 2008. This page provides - Australia Government Net Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Debt in Italy increased to 2446893 EUR Million in February from 2443483 EUR Million in January of 2020. Government Debt in Italy averaged 719921.78 EUR Million from 1950 until 2020, reaching an all time high of 2462572.70 EUR Million in August of 2019 and a record low of 1320.50 EUR Million in April of 1950. This page provides the latest reported value for - Italy General Government Debt - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Government Debt in France decreased to 2380.10 EUR Billion in the fourth quarter of 2019 from 2414.70 EUR Billion in the third quarter of 2019. Government Debt in France averaged 1453.46 EUR Billion from 1995 until 2019, reaching an all time high of 2414.70 EUR Billion in the third quarter of 2019 and a record low of 683.50 EUR Billion in the fourth quarter of 1995. This page provides the latest reported value for - France General Government Debt - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Government Debt in Turkey increased to 1462018 TRY Million in March from 1409519 TRY Million in February of 2020. Government Debt in Turkey averaged 302607.10 TRY Million from 1986 until 2020, reaching an all time high of 1462018 TRY Million in March of 2020 and a record low of 15 TRY Million in January of 1986. In Turkey, Government Debt refers to the central government gross debt stock in local and foreign currencies. This page provides the latest reported value for - Turkey Government Debt - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Government Debt in Ukraine increased to 856834047.09 UAH Thousand in March from 814644684.87 UAH Thousand in February of 2020. Government Debt in Ukraine averaged 266211105.04 UAH Thousand from 1999 until 2020, reaching an all time high of 856834047.09 UAH Thousand in March of 2020 and a record low of 14428105.68 UAH Thousand in December of 1999. This page provides - Ukraine Government Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Debt in the United States increased to 24974172 USD Million in April from 23686871 USD Million in March of 2020. Government Debt in the United States averaged 4374856.60 USD Million from 1942 until 2020, reaching an all time high of 24974172 USD Million in April of 2020 and a record low of 60000 USD Million in January of 1942. In the United States, government debt refers to federal debt held by individuals, corporations, state or local governments, foreign governments, and other entities outside of the United States Government less Federal Financing Bank securities. . This page provides - United States Government Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

OECD Secretary-General Angel Gurría opens the Global Forum on Better Governance for Inclusive Growth held in Paris. The Forum will focus on public sector reforms worldwide and identify lessons learned, good practices and innovative solutions for advancing the governance reforms necessary to foster inclusive growth.

Paris, 5 December 2012: This conference addressed the evolution of the terrorism threat and whether current insurance solutions adequately answer the needs of market players in an ever changing risk context.

The gross borrowing needs of OECD governments are projected to increase slightly to around USD 10.9 trillion in 2013, up from the already high level of USD 10.8 trillion in 2012, according to a new OECD report.

The management of operational risk is at the heart of efficient government, but countries often fail to apply good or even routine operational risk management practices and have difficulty in understanding how to put the processes in place. This paper sets out a widely-applicable and relevant policy approach and management framework and illustrates its practical application in Turkey.

The OECD provides an update on global economy in this statement to the International Monetary and Financial Committee - April 2013.

Governments are major issuers of debt instruments in the global financial market. This volume provides quantitative information on central government debt instruments for the 34 OECD countries.

This statistical yearbook provides quantitative information on African central government debt instruments. It includes individual country data but also comparative statistics to facilitate pan-African (cross-country) analysis.

This report shows how OECD’s work on financial markets, with the Committee on Financial Markets (CMF) at its core, has evolved over the past five decades. More than just a chronology, it attempts to explain and analyse the factors and dynamics that transformed financial markets and the work conducted in that area – thereby putting into perspective the challenges that lie ahead.

Since the 1980s, OECD investment-saving correlations – as an inverse measure of economic openness – indicate a very wide disparity of openness between the OECD and emerging market economies (EMEs) with an absence of open markets in the latter. Given the increasing weight of EMEs in the world economy, this paper warns that this pattern of growth with disparity of openness is ultimately unsustainable.

Washington DC, 10 September 2014: This meeting addressed the evolution of the terrorism threat, the availability and affordability of terrorism risk insurance, the financial liability of governments and short and long-term perspectives.

The infrastructure financing market has gone through a process of radical transformation starting from the mid-2000s. This article provides an overview of international trends in infrastructure finance. It proposes a map of the different investment channels that private investors can use to access the infrastructure investment on the equity and debt side, highlighting the historical evolution of these segments in the past few years.

Written statement by OECD Secretary-General Angel Gurría for the IMFC during the World Bank Group/International Monetary Fund 2015 Spring meetings in Washington, DC.

In October 2014 China launched the Asian Infrastructure Investment Bank (AIIB), drawing wide international attention. Nearly 60 countries have joined the new international financial institution, including several OECD member and partner countries, though others have remained cautiously outside. What is the purpose of the new bank and what impact will it have? We asked Yide Qiao for his views.

As part of continuing efforts to support market confidence and business integrity, the OECD has launched in Asia a new set of corporate governance principles that were endorsed at the G20 Finance Ministers meeting in September 2015.

This OECD-UNEP COP21 session will explore whether the governance of institutional investments, including in particular any applicable fiduciary standards, adequately considers climate change-related risks and green finance opportunities, and whether guidelines may be needed in this area to support investment decision-making.

This report contains the results of an international data collection survey that measured the financial literacy and financial inclusion of adults. A total of 51,650 adults aged 18 to 79 from 30 countries and economies participated in the survey.

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.

16 November 2017 - The OECD Guidelines on Insurer Governance provide guidance and serve as a reference point for insurers, governmental authorities, and other relevant stakeholders in OECD and non-OECD countries. The Guidelines have been revised and expanded to reflect evolving market practices and updates to international guidance following the financial crisis.

Small and medium-sized enterprises (SMEs) are increasingly turning to alternative sources of financing, while new bank lending is declining in a number of countries. Many SMEs remain over-reliant on bank credit, however, and the take-up of instruments other than straight debt varies greatly from one country to another, according to a new OECD report.

23 February 2018, Dublin - This event focussed on how to build better retirement by ensuring value for money, implementing automatic enrolment and designing retirement pay-outs.

7 March 2019 - The International Conference on Pension Supervision and Regulation this year will focus on Options for creating sustainable pension systems in emerging markets and will take place in New Delhi, India.

Mr. Angel Gurría, Secretary-General of the OECD, will participate in the G7 Finance Ministers and Central Bank Governors’ meeting in Chantilly, on 17-18 July 2019.