This note is taken from Chapter 2 of Economic Policy Reforms: Going for Growth 2012.

20/06/2012 - The Slovak Republic must urgently meet its obligations under the Convention it signed 12 years ago and introduce an effective corporate liability regime so that Slovak companies are held accountable for the bribery of foreign public officials in cross-border business deals, says a new OECD report.

Due to the rapidly changing world we need to be focused on tackling the social consequences of the crisis, fight poverty and social exclusion, exploiting in particular the potential of a green economy to promote growth and competitiveness. We are inspired by the OECD work in all these areas, said the Prime Minister of the Slovak Republic to the OECD Council.

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.

This note presents key findings for Slovak Republic from Society at a Glance 2014 - OECD Social indicators. This 2014 publication also provides a special chapter on: the crisis and its aftermath: a “stress test” for societies and for social policies.

Unemployment rose substantially in the Slovak Republic as a result of the crisis and has only declined slowly since reaching a peak of 14.8% of the labour force in early 2010. At 13.3% in August 2014, the unemployment rate remains one of the highest among developed countries and is twice as high as the OECD average.

The tax burden in the Slovak Republic increased by 1.5 percentage points from 28.1% to 29.6%, the third highest rise amongst member countries in 2013. The OECD average was an increase of 0.4 percentage points from 33.7% to 34.1%. The Slovak standard VAT rate is 20%, which is above the OECD average. The average VAT/GST standard rate in the OECD was 19.1% on 1 January 2014.

Going for Growth 2015: Key findings for Slovak Republic

This country note provides an environmental tax and carbon pricing profile for the Slovak Republic. It shows environmentally related tax revenues, taxes on energy use and effective carbon rates.

This country note presents student performance in science, reading and mathematics, and measures equity in education in the Slovak Republic. The interactive charts allow you to compare results with other countries participating in the OECD Programme for International Student Assessment (PISA).

This note presents marginal effective tax rates (METRs) that summarise the tax system’s impact on the incentives to make an additional investment in a particular type of savings. By comparing METRs on different types of household savings, we can gain insights into which assets or savings types receive the most favourable treatment from the tax system.

This country note for the Slovak Republic provides detail on the proportion of CO2 emissions from energy use subject to different effective carbon rates (ECR), as well as on the level and components of average ECRs in each of the six economic sectors (road transport, off-road transport, industry, agriculture and fishing, residential & commercial, and electricity).

The digital revolution, globalisation and demographic changes are transforming labour markets at a time when policy makers are also struggling with slow productivity and wage growth and high levels of income inequality. The new OECD Jobs Strategy provides a comprehensive framework and policy recommendations to help countries address these challenges.

The Slovak economy is experiencing a robust, broad-based expansion that is boosting living standards and promoting convergence with higher-income countries. Policies should now aim to sustain this expansion, prepare people for the future of work and ensure that the benefits of strong growth are shared amongst all Slovaks, according to a new report from the OECD.

This country note explains how the Slovak Republic taxes energy use. The note shows the distribution of effective energy tax rates across all domestic energy use. It also details the country-specific assumptions made when calculating effective energy tax rates and matching tax rates to the corresponding energy base.

The tax-to-GDP ratio in the Slovak Republic did not change between 2017 and 2018. The tax-to-GDP ratio remained at 33.1%. The corresponding f gure for the OECD average was a slight increase of 0.1 percentage points from 34.2% to 34.3% over the same period

The tax wedge for the average single worker in the Slovak Republic increased by 0.1 percentage points from 41.8 in 2018 to 41.9 in 2019. The OECD average tax wedge in 2019 was 36.0 (2018, 36.1). In 2019 the Slovak Republic had the 12th highest tax wedge among the 36 OECD member countries, occupying the same position in 2018.

The Honourble Supreme Court of India delivered in what is now called a landmark judgment comprising a series of guidelines to the Union and State Governments in the matters of posting of Bureaucrats who are pretending to be bulldozed by the...

Saudi officials ordered to arrest a citizen for abusing a non-Muslim expatriate for not embracing Islam. Saudi Arabia is a member of OIC that wrote to PM Modi on Islamophobia in India.

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This note highlights the most pressing issues on families and children in Portugal, as discussed in the OECD publication Doing Better for Families.

This note is taken from Chapter 2 of Economic Policy Reforms: Going for Growth 2012.

After two decades of strong economic growth and convergence in living standards towards the levels of more prosperous OECD countries, Portugal’s performance weakened in the 2000s, productivity growth slowed and competitiveness deteriorated. Restoring Portugal’s potential for strong, inclusive growth calls for a comprehensive reform of the State.

Portugal’s enforcement of its foreign bribery laws has been extremely low. Not a single prosecution has resulted from 15 allegations of Portuguese companies bribing foreign officials in high-risk countries.

Old-age poverty decreased in Portugal in the final few years of the last decade by more than twice the OECD average. The effective age of labour market exit is high in Portugal in international comparison...

This one-pager note presents key findings for Portugal from Society at a Glance 2014 - OECD Social indicators. This 2014 publication also provides on special chapter on the social impact of the recent crisis across the OECD.

Having been hit hard by the global crisis, the Portuguese government has taken action to put its economy back on track, and to correct external and budgetary imbalances. This document highlights some key priorities to support economic growth and competitiveness through further productivity-enhancing structural reforms.

According to a new OECD report, variation in rates of health care activity across geographic areas in countries is a cause for concern. Wide variation suggests that whether or not you will receive a particular health service depends to a very great extent on the region where you live within a country.

Fundamental reforms have helped put the Portuguese economy back on the right track, but a durable recovery will require additional measures to improve export competitiveness, create jobs and ensure social protection for those most in need, according to the latest OECD Economic Survey of Portugal.

The tax burden in Portugal increased by 2.2 percentage points from 31.2% to 33.4, the largest rise amongst member countries in 2013. The OECD average was an increase of 0.4 percentage points from 33.7% to 34.1%. The Portuguese standard VAT rate is 23%, which is well above the OECD average. The average VAT/GST standard rate in the OECD was 19.1% on 1 January 2014.

Going for Growth 2015: Key findings for Portugal

This country note provides an environmental tax and carbon pricing profile for Portugal. It shows environmentally related tax revenues, taxes on energy use and effective carbon rates.

This country note presents student performance in science, reading and mathematics, and measures equity in education in Portugal. The interactive charts allow you to compare results with other countries participating in the OECD Programme for International Student Assessment (PISA).

This report has been elaborated by the OECD in very close collaboration with the Portuguese government and, in particular, the Ministry of Labour. A final version was submitted to the government in late December 2016 and it is expected to be released in Lisbon on the 19th of January 2017.

Comprehensive reforms to Portugal’s labour market between 2011 and 2015 have helped create jobs and reduce the country’s high unemployment rate but important challenges remain, according to a new OECD report.

The Portuguese economy is gradually recovering from a deep recession thanks to a broad structural reform agenda that has led to rising economic growth, falling unemployment and remarkable progress in export performance.

Unemployment has fallen faster in Portugal than on average across OECD countries. However, at 9.8% in April 2017, it remains above its pre-crisis level in 2007, as well as significantly above the OECD average (5.9%).

This note presents marginal effective tax rates (METRs) that summarise the tax system’s impact on the incentives to make an additional investment in a particular type of savings. By comparing METRs on different types of household savings, we can gain insights into which assets or savings types receive the most favourable treatment from the tax system.

A broken social elevator? Key findings for Portugal

This country note for Portugal provides detail on the proportion of CO2 emissions from energy use subject to different effective carbon rates (ECR), as well as on the level and components of average ECRs in each of the six economic sectors (road transport, off-road transport, industry, agriculture and fishing, residential & commercial, and electricity).

The digital revolution, globalisation and demographic changes are transforming labour markets at a time when policy makers are also struggling with slow productivity and wage growth and high levels of income inequality. The new OECD Jobs Strategy provides a comprehensive framework and policy recommendations to help countries address these challenges.

Portugal needs to reform its pensions system to address the challenges of a fast-shrinking workforce and high levels of old-age inequality, according to a new OECD report.

This country note explains how Portugal taxes energy use. The note shows the distribution of effective energy tax rates across all domestic energy use. It also details the country-specific assumptions made when calculating effective energy tax rates and matching tax rates to the corresponding energy base.