The Secretary-General presented OECD’s recent analysis and recommendations on the world economy, on more balanced and efficient financial markets for growth, and on progress on the international tax system. He also spoke at the G7 High-Level Symposium “Future of the Global Economy”, organised by the Japanese G7 Presidency.

The Secretary-General attended the G7 Leaders’ Summit and spoke at the outreach sessions “Stability and Prosperity in Asia” and “2030 Agenda for Sustainable Development Goals”.

The global economy is stuck in a low-growth trap that will require more coordinated and comprehensive use of fiscal, monetary and structural policies to move to a higher growth path and ensure that promises are kept to both young and old, according to the OECD’s latest Global Economic Outlook.

This publication reviews the labour market integration of immigrants and their children in three OECD countries (Austria, Norway and Switzerland) and provides country-specific recommendations. It also includes a summary chapter highlighting common challenges and policy responses. It is the third and last in a series which has covered eleven OECD countries.

The OECD Working Group on Bribery regrets that Austria has not had a conviction of bribing foreign public officials despite a number of allegations, 13 years after ratifying the OECD Anti-Bribery Convention. However, enforcement appears to be picking up, with one case being tried, two more cases soon to be tried, and four ongoing investigations.

Mr. Angel Gurría, Secretary-General of the OECD, was in Vienna on Tuesday 2nd July 2013, to present the 2013 OECD Economic Survey of Austria and meet with representatives of the government.

Austria has achieved high levels of economic growth and well-being, but must address serious demographic, environmental and globalisation challenges if future generations are to share the same prosperity, according to the OECD’s latest Economic Survey of Austria.

Environmental goods and services are now a bigger driver of Austria’s economy and job market than traditionally strong sectors like tourism and construction, thanks to the government’s policy of subsidising green investments, a new OECD report shows.

Austria should set a timeframe to increase its aid budget in line with a pledge to allocate 0.7% of its gross national income (GNI) to development aid, according to an OECD Review.

IP Addresses in Uruguay increased to 959629 IP in the first quarter of 2017 from 846123 IP in the fourth quarter of 2016. IP Addresses in Uruguay averaged 551610.03 IP from 2007 until 2017, reaching an all time high of 1002106 IP in the second quarter of 2015 and a record low of 117262 IP in the third quarter of 2007. This page includes a chart with historical data for UruguayIP Addresses.

Precipitation in Uruguay increased to 170.49 mm in December from 97.45 mm in November of 2015. Precipitation in Uruguay averaged 100.76 mm from 1901 until 2015, reaching an all time high of 358.54 mm in February of 2010 and a record low of 7.70 mm in August of 1948. This page includes a chart with historical data for Uruguay Average Precipitation.

Temperature in Uruguay increased to 22.85 celsius in December from 19.52 celsius in November of 2015. Temperature in Uruguay averaged 17.17 celsius from 1832 until 2015, reaching an all time high of 25.83 celsius in January of 1997 and a record low of 8.20 celsius in June of 1916. This page includes a chart with historical data for Uruguay Average Temperature.

Military Expenditure in Uruguay decreased to 1164 USD Million in 2018 from 1166 USD Million in 2017. Military Expenditure in Uruguay averaged 999.79 USD Million from 1972 until 2018, reaching an all time high of 1865 USD Million in 1981 and a record low of 530 USD Million in 1972.

The Gross Domestic Product per capita in Uruguay was last recorded at 14617.50 US dollars in 2018. The GDP per Capita in Uruguay is equivalent to 116 percent of the world's average. GDP per capita in Uruguay averaged 8085.06 USD from 1960 until 2018, reaching an all time high of 14617.50 USD in 2018 and a record low of 5248.90 USD in 1967. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page provides - Uruguay GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product per capita in Uruguay was last recorded at 20916.20 US dollars in 2018, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Uruguay, when adjusted by Purchasing Power Parity is equivalent to 118 percent of the world's average. GDP per capita PPP in Uruguay averaged 14624.22 USD from 1990 until 2018, reaching an all time high of 20916.20 USD in 2018 and a record low of 9841.90 USD in 1990. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page provides - Uruguay GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Deposit Interest Rate in Uruguay increased to 5.12 percent in 2018 from 5.07 percent in 2017. Deposit Interest Rate in Uruguay averaged 46.13 percent from 1980 until 2018, reaching an all time high of 147.55 percent in 1990 and a record low of 1.83 percent in 2006. The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Uruguay.

Uruguay scored 63.47 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum. Competitiveness Index in Uruguay averaged 17.67 Points from 2007 until 2019, reaching an all time high of 63.47 Points in 2019 and a record low of 3.90 Points in 2007. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. The report is made up of 98 variables, from a combination of data from international organizations as well as from the World Economic Forum’s Executive Opinion Survey. The variables are organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. The GCI varies between 1 and 100, higher average score means higher degree of competitiveness. With the 2018 edition, the World Economic Forum introduced a new methodology, aiming to integrate the notion of the 4th Industrial Revolution into the definition of competitiveness. It emphasizes the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. This page provides the latest reported value for - Uruguay Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Uruguay is the 54 most competitive nation in the world out of 140 countries ranked in the 2018 edition of the Global Competitiveness Report published by the World Economic Forum. Competitiveness Rank in Uruguay averaged 68.46 from 2007 until 2019, reaching an all time high of 85 in 2014 and a record low of 50 in 2017. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. In 2018, the World Economic Forum introduced a new methodology emphasizing the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. As a result, the GCI scale changed to 1 to 100 from 1 to 7, with higher average score meaning higher degree of competitiveness. The report is made up of 98 variables organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. This page provides the latest reported value for - Uruguay Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Housing Index in Uruguay increased to 273.05 Index Points in the fourth quarter of 2013 from 217.47 Index Points in the second quarter of 2013. Housing Index in Uruguay averaged 140.18 Index Points from 1991 until 2013, reaching an all time high of 273.05 Index Points in the fourth quarter of 2013 and a record low of 43.35 Index Points in the fourth quarter of 2003. In Uruguay, Housing Index is measured by the Index of New Housing Construction Volume with the base value of 100 in 1990. This page provides - Uruguay New Housing Construction Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Uruguay is ranked 101 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Uruguay deteriorated to 101 in 2019 from 95 in 2018. Ease of Doing Business in Uruguay averaged 95.83 from 2008 until 2019, reaching an all time high of 114 in 2009 and a record low of 85 in 2012. The Ease of doing business index ranks countries against each other based on how the regulatory environment is conducive to business operationstronger protections of property rights. Economies with a high rank (1 to 20) have simpler and more friendly regulations for businesses. This page includes a chart with historical data for Ease of Doing Business in Uruguay.

Terrorism Index in Uruguay decreased to 0.17 in 2018 from 0.34 in 2017. Terrorism Index in Uruguay averaged 0.21 from 2002 until 2018, reaching an all time high of 1.19 in 2005 and a record low of 0 in 2003. The Global Terrorism Index measures the direct and indirect impact of terrorism, including its effects on lives lost, injuries, property damage and the psychological aftereffects. It is a composite score that ranks countries according to the impact of terrorism from 0 (no impact) to 10 (highest impact).

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.

The Sales Tax Rate in Uruguay stands at 22 percent. Sales Tax Rate in Uruguay averaged 22.13 percent from 2006 until 2020, reaching an all time high of 23 percent in 2007 and a record low of 22 percent in 2008. In Uruguay, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Uruguay. This page provides - Uruguay Sales Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Uruguay was worth 58 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Uruguay represents 0.05 percent of the world economy. GDP in Uruguay averaged 17.49 USD Billion from 1960 until 2019, reaching an all time high of 59.60 USD Billion in 2018 and a record low of 1.24 USD Billion in 1960. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides - Uruguay GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The benchmark interest rate in Uruguay was last recorded at 14.30 percent. Interest Rate in Uruguay averaged 26.78 percent from 1998 until 2019, reaching an all time high of 173.90 percent in October of 2002 and a record low of 9.30 percent in July of 2007. The Central Bank of Uruguay abandoned the use of a single benchmark interest rate in 2013 to fight inflation and instead it started using money supply variables to guide policy. This page provides - Uruguay Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

Unemployment Rate in Uruguay increased to 10.50 percent in February from 8.50 percent in January of 2020. Unemployment Rate in Uruguay averaged 7.75 percent from 2006 until 2020, reaching an all time high of 13.40 percent in January of 2006 and a record low of 5.40 percent in December of 2010. In Uruguay, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Uruguay Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Employment Rate in Uruguay decreased to 56.40 percent in February from 57.50 percent in January of 2020. Employment Rate in Uruguay averaged 58.20 percent from 2006 until 2020, reaching an all time high of 61.11 percent in February of 2014 and a record low of 52.62 percent in February of 2006. In Uruguay, the employment rate measures the number of people who have a job as a percentage of the working age population. This page provides - Uruguay Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The number of employed persons in Uruguay decreased to 57.80 percent in January of 2020 from 58 percent in December of 2019. Employed Persons in Uruguay averaged 55.32 percent from 1996 until 2020, reaching an all time high of 61.10 percent in June of 2011 and a record low of 46.50 percent in November of 2002. In Uruguay, employed persons are individuals with a minimum required age who work during a certain time for a business. This page provides - Uruguay Employed Persons - actual values, historical data, forecast, chart, statistics, economic calendar and news.

CPI Housing Utilities in Uruguay increased to 218.89 points in April from 209.60 points in March of 2020. CPI Housing Utilities in Uruguay averaged 97.18 points from 1997 until 2020, reaching an all time high of 218.89 points in April of 2020 and a record low of 28.79 points in March of 1997. This page provides - Uruguay Cpi Housing- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The transportation sub-index of the CPI basket in Uruguay increased to 201.41 points in April of 2020 from 200.75 points in March of 2020. CPI Transportation in Uruguay averaged 101.82 points from 1997 until 2020, reaching an all time high of 201.41 points in April of 2020 and a record low of 34.75 points in March of 1997. This page provides - Uruguay Cpi Transportation- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Standard & Poor's credit rating for Uruguay stands at BBB with stable outlook. Moody's credit rating for Uruguay was last set at Baa2 with stable outlook. Fitch's credit rating for Uruguay was last reported at BBB- with negative outlook. DBRS's credit rating for Uruguay is BBB (low) with stable outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Uruguay thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Uruguay as reported by major credit rating agencies.

Uruguay recorded 694 Coronavirus Cases since the epidemic began, according to the World Health Organization (WHO). In addition, Uruguay reported 18 Coronavirus Deaths. This page includes a chart with historical data for Uruguay Coronavirus Cases.

Uruguay recorded 18 Coronavirus Deaths since the epidemic began, according to the World Health Organization (WHO). In addition, Uruguay reported 694 Coronavirus Cases. This page includes a chart with historical data for Uruguay Coronavirus Deaths.

Uruguay recorded 506 Coronavirus Recovered since the epidemic began, according to the World Health Organization (WHO). In addition, Uruguay reported 18 Coronavirus Deaths. This page includes a chart with historical data for Uruguay Coronavirus Recovered.

Borrowing operations by OECD governments are set to decrease, as their borrowing needs continue to decline, according to a new OECD report. Net borrowing needs are projected to fall from USD 2.0 trillion in 2013 to USD 1.5 trillion in 2014, the lowest level since 2007.

Low growth, low interest rates and low returns on investment linked to the slow global economy are now compounding the problems of population ageing for both public and private pension systems, according to a new OECD report.

The greatest puzzle today is that since the global crisis financial markets see so little risk, with asset prices rising everywhere in response to zero interest rates and quantitative easing, while companies that invest in the real economy appear see so much more risk. What can be happening?

Kuala Lumpur, Malaysia: This Symposium addressed cutting-edge issues to further integrate financial education and financial consumer protection policies with a view to enhancing financial well-being and to address the challenges and identify solutions in delivering effective financial education.

What is blocking business investment and productivity growth? OECD Business and Finance Outlook 2016 will focus on fragmentation at all levels of the global economy: heterogeneous policies, rules, laws and industry practices that create perverse incentives and block business efficiency.

OECD Pensions Outlook 2016, to be published on Monday 5 December at 12p.m. Paris time, assesses policy issues regarding strengthening pension systems and, in particular, funded pension plans.

Malaysia has sustained over four decades of rapid, inclusive growth, reducing its dependence on agriculture and commodity exports to become a more diversified, modern and open economy.

The global economy is expected to pick up moderately but greater efforts are needed to ensure that the benefits from growth and globalisation are more widely shared, according to the OECD’s latest Economic Outlook.

Belgian companies, mutualities and employment services should be more proactive in helping people with mental health problems stay in the workplace or find a job, according to a new OECD report.

Fighting foreign bribery is not a priority in Belgium. Together with the flagrant lack of resources for Belgian law enforcement authorities, this has resulted in very few foreign bribery investigations and prosecutions. In the 14 years since the entry into force of the foreign bribery offence in Belgium, only one case of bribery of foreign public officials has been concluded.

The Belgian economy has returned to growth and continues scoring well on broader measures of well-being, but further reforms will be needed to secure fiscal sustainability while promoting employment and competitiveness, according to the latest OECD Economic Survey of Belgium 2015.

Mr. Angel Gurría, Secretary-General of the OECD, was in Brussels on Monday 16th October 2017 to attend the General Assembly of the World Steel Association, where he delivered a keynote address.

Imports from Norway in Turkey decreased to 42868.69 USD THO in March from 47441.03 USD THO in February of 2020. Imports from Norway in Turkey averaged 62447.43 USD THO from 2014 until 2020, reaching an all time high of 113060 USD THO in December of 2014 and a record low of 31261.20 USD THO in June of 2016. This page includes a chart with historical data for Turkey Imports from Norway.

Imports from Malaysia in Turkey decreased to 147.60 USD Million in March from 153.39 USD Million in February of 2020. Imports from Malaysia in Turkey averaged 165.25 USD Million from 2014 until 2020, reaching an all time high of 325.28 USD Million in October of 2017 and a record low of 81.16 USD Million in October of 2014. This page includes a chart with historical data for Turkey Imports from Malaysia.