Government Spending in Malawi increased to 139966.40 MWK Million in 2018 from 134737.90 MWK Million in 2017. Government Spending in Malawi averaged 90742.62 MWK Million from 2002 until 2018, reaching an all time high of 139966.40 MWK Million in 2018 and a record low of 27173.70 MWK Million in 2002. Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides - Malawi Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Unemployment Rate in Malawi remained unchanged at 5.40 percent in 2019 from 5.40 percent in 2018. Unemployment Rate in Malawi averaged 7.02 percent from 1991 until 2019, reaching an all time high of 7.80 percent in 2003 and a record low of 5.40 percent in 2018. In Malawi, the unemployment rate is based on the strict ILO definition, which is much lower than the unemployment rate obtained using the broad definition (20.4 percent). This page provides - Malawi Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Malawi recorded a government budget deficit of 33.90 MWK Billion in December of 2019. Government Budget Value in Malawi averaged -12.35 MWK Billion from 2012 until 2019, reaching an all time high of 56.50 MWK Billion in June of 2014 and a record low of -54.50 MWK Billion in November of 2018. 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 - Malawi Government Budget Value- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Unemployment Rate in Mali increased to 9.80 percent in 2019 from 9.60 percent in 2018. Unemployment Rate in Mali averaged 6.91 percent from 1991 until 2019, reaching an all time high of 11.70 percent in 2007 and a record low of 3.10 percent in 1992. In Mali, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Mali Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Exports to Turkmenistan in Turkey increased to 61154.43 USD THO in March from 52931.09 USD THO in February of 2020. Exports to Turkmenistan in Turkey averaged 99966.32 USD THO from 2014 until 2020, reaching an all time high of 239095 USD THO in September of 2014 and a record low of 30049.83 USD THO in September of 2018. This page includes a chart with historical data for Turkey Exports to Turkmenistan.

Exports to Yemen in Turkey increased to 97774.94 USD THO in March from 92437.88 USD THO in February of 2020. Exports to Yemen in Turkey averaged 54464.39 USD THO from 2014 until 2020, reaching an all time high of 119408.06 USD THO in January of 2019 and a record low of 4734 USD THO in May of 2015. This page includes a chart with historical data for Turkey Exports to Yemen.

Imports from Turkmenistan in Turkey decreased to 11422.40 USD THO in March from 21969.97 USD THO in February of 2020. Imports from Turkmenistan in Turkey averaged 33823.55 USD THO from 2014 until 2020, reaching an all time high of 82683 USD THO in May of 2014 and a record low of 10167.53 USD THO in August of 2018. This page includes a chart with historical data for Turkey Imports from Turkmenistan.

Government Debt in Greece increased to 356014.92 EUR Million in the fourth quarter of 2019 from 353850.25 EUR Million in the third quarter of 2019. Government Debt in Greece averaged 304520.13 EUR Million from 2005 until 2019, reaching an all time high of 367978 EUR Million in the fourth quarter of 2011 and a record low of 215415.74 EUR Million in the fourth quarter of 2005. This page provides the latest reported value for - Greece Central Government Debt - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Greece recorded a government budget deficit of 715.30 EUR Million in March of 2020. Government Budget Value in Greece averaged -4933.55 EUR Million from 1995 until 2020, reaching an all time high of 22737.60 EUR Million in October of 1998 and a record low of -30872 EUR Million in December of 2009. 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 the latest reported value for - Greece Government Budget Value - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Unemployment Rate in Greece decreased to 16.10 percent in February from 16.20 percent in January of 2020. Unemployment Rate in Greece averaged 16.28 percent from 1998 until 2020, reaching an all time high of 27.90 percent in July of 2013 and a record low of 7.40 percent in May of 2008. In Greece, 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 - Greece Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Employment Rate in Greece increased to 83.04 percent in February from 82.81 percent in January of 2020. Employment Rate in Greece averaged 83.06 percent from 2004 until 2020, reaching an all time high of 93.28 percent in May of 2008 and a record low of 71.29 percent in November of 2013. In Greece, the employment rate measures the number of people aged 15 to 74 who have a job as a percentage of the labour force from the same age group. This page provides - Greece Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Employment Rate in Cyprus increased to 71 percent in the fourth quarter of 2019 from 70.80 percent in the third quarter of 2019. Employment Rate in Cyprus averaged 67.17 percent from 2000 until 2019, reaching an all time high of 71.50 percent in the fourth quarter of 2007 and a record low of 60.90 percent in the first quarter of 2014. In Cyprus, the employment rate measures the number of people who have a job as a percentage of the working age population. This page provides - Cyprus Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Unemployment Rate in Cyprus increased to 6.70 percent in March from 5.80 percent in February of 2020. Unemployment Rate in Cyprus averaged 7.80 percent from 2000 until 2020, reaching an all time high of 16.50 percent in March of 2014 and a record low of 3 percent in March of 2002. In Cyprus, 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 - Cyprus Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Cyprus recorded a government budget deficit of 277.40 EUR Million in the fourth quarter of 2019. Government Budget Value in Cyprus averaged -104.93 EUR Million from 1995 until 2019, reaching an all time high of 417.30 EUR Million in the third quarter of 2019 and a record low of -1522.40 EUR Million in the first quarter of 2014. 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 - Cyprus Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news.

OECD Secretary-General Angel Gurría has welcomed the measures adopted by the Italian government to address fiscal sustainability while boosting growth and equity.

Germany recovered rapidly from the 2008-09 recession, with GDP topping pre-crisis rates during 2011 and unemployment falling significantly. Public finances are sound, but further reforms are needed to transform its growth model to thrive as a knowledge-based economy.

Italy has made a major effort to speed up long-overdue economic reforms but it is now essential to maintain the momentum, OECD Secretary-General Angel Gurría said today in Rome.

OECD Secretary-General Angel Gurría welcomes the Spanish government's budget and the economic policy measures announced yesterday.

Micro, small and medium-sized firms (MSMEs) are a key source of employment and economic growth in Indonesia. They contributed to the country’s economic resilience during the 2008-09 financial crisis.

The Secretary-General presents the OECD’s views on “new approaches to economic development” at the 4th Annual Global Perspectives Conference, one of the most important gatherings of Civil Society Organisations.

In this paper we examine whether past labour market reforms aiming at reducing the rate of unemployment have raised its long-run volatility.

In this paper we document the impact of education levels on labour market outcomes from 1994 to 2010 using national household survey data.

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.

Instead of resorting to trade measures such as export restrictions, Chile manages its minerals sector through a combination of balanced taxation, stable investment measures, good management of tax revenue, exchange rate policy and initiatives aimed at producing a multiplier effect of economy-wide development, according to this study.

The unemployment rate among young people has reached painfully high levels, in particular among those young people with low levels of education.

Legal systems provide the basic institutions for firms and markets to operate. Their quality can have important consequences on the size distribution of firms, who rely on them for contract enforcement. This paper uses the variation in legal system quality across states in Mexico to examine the relationship between judicial quality and firm size.

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

Japan is poised for an economic expansion, but long-term growth prospects remain contingent on additional efforts to revitalise the economy and reduce unsustainable levels of public debt, according to the OECD’s latest Economic Survey of Japan.

Austerity programmes to restore order to public finances can add to the woes of already struggling economies, leading to more job losses and social hardship. But there are ways for governments to put their fiscal houses in order, while supporting growth and reducing income inequality at the same time.

China’s exceptional economic expansion has led to rising energy demand and pollution as well as other environmental pressures. Strong efforts by the government have moderated emissions of some types of air and water pollution from high levels but others, including greenhouse gas emissions, continue to rise. Poor air and water quality threaten human health, create other costs and reduce well-being.

Italy has made considerable progress in strengthening its public finances and adopting wide-ranging reforms to boost economic growth. The new government must build on past achievements and ensure that they are sustained and reinforced, says a new OECD report.

Well-functioning judicial systems play a crucial role in determining economic performance – notably by guaranteeing the security of property rights and the enforcement of contracts – but not all countries’ judiciaries operate at the same level of efficiency.

This paper derives estimates of the efficiency of welfare spending in Slovenia and the other OECD countries from data envelopment analysis based on model specifications used in earlier OECD studies.

OECD indicators of structural policy show that policy changes in Italy since 1998 should have improved the environment for entrepreneurship significantly, but in the same period its economic performance has deteriorated noticeably.

This study proposes a structured approach to selecting instruments of fiscal consolidation that are consistent with growth, equity and global-rebalancing objectives, which is then illustrated with a particular application.

Young people have been hit hard by unemployment during the Irish recession. While much research has been undertaken to study the effects of the recession on overall labour market dynamics, little is known about the specific effects on youth unemployment and the associated challenges.

This report provides a framework to understand the changing relationships between urban and rural areas. Specifically, it documents the characteristics of these partnerships and the factors that can hinder as well as enable rural-urban co-operation.

The purpose of this paper is to gain a better understanding of the role of natural capital for productivity measurement and as a source of economic growth.

This paper reviews the empirical evidence on the link between environmental policy stringency and productivity growth, and the various channels through which such effects can take place.

In Europe, the two most pressing structural policy priorities that must be addressed are the challenge of unemployment and the restoration the health of euro area banks, said OECD Secretary-General in Brussels.

This paper takes stock of informal employment in Russia analysing its incidence and determinants. Using the regular 2003-11 waves and an informality supplement of the Russian Longitudinal Monitoring Survey (RLMS) it develops several measures of informal employment and demonstrates that the incidence varies widely across the different definitions.

Government bond yields have recently increased in many OECD countries from rock-bottom levels and a further increase is likely with the normalisation of monetary policies.

Finland’s economy is gradually picking up, but uncertainty surrounds the recovery. Determined action to implement structural reforms is needed to revive economic growth, restore competitiveness and preserve high standards of living and well-being, according to the OECD’s latest Economic Survey of Finland.

A broad agenda of reforms in four areas – labour markets, education, product markets and innovation – should strengthen Poland’s economy and allow it to continue its path of convergence towards the income levels of the more affluent OECD economies, said Angel Gurría during a seminar in Warsaw.

A moderate recovery is under way in major advanced economies after two years of subdued growth. Overall, most indications point to a continued underlying strengthening of the pace of growth, helped by accommodative monetary policy and reduced fiscal drag.

Growth in emerging market economies (EMEs) is set to durably slow from the rates observed over 2010-12 as cyclical effects fade, potential growth declines and external financing conditions tighten.

This paper provides an assessment of how households’ income has fared compared with GDP. While the prime focus is on incomes around the median, attention is paid also to the bottom of the income distribution.

Over the past decade, the growth potential of the Hungarian economy has declined substantially. Trend productivity has ceased to increase, and investment has fallen to historically low levels.

Korea needs to move away from its current economic model and implement a range of reforms to develop a creative economy that can sustain long-term growth, according to the latest OECD Economic Survey of Korea. The strategy should be accompanied by new measures to reduce income inequality and poverty, particularly among the elderly, the OECD said.

This report focuses on the effects of climate change impacts on economic growth. The analysis finds that the effect of climate change impacts on annual global GDP is projected to increase over time, leading to a global GDP loss of 0.7% to 2.5% by 2060 for the most likely equilibrium climate sensitivity range.