Over the past two decades, real median wage growth in many OECD countries has decoupled from labour productivity growth, partly reflecting declines in labour income shares.

Inflation may be present in some parts of an economy but not others. Contributions to annual inflation show how much different product groups contribute to overall inflation in a given year.

Large business groups, which played a key role in Korea's economic development, are still dominant today, especially in exporting.

Business and government should work more closely together to reduce inequality and foster inclusive growth. To help achieve this, at the Paris Peace Forum, Gabriela Ramos, OECD Chief of Staff, G7/G20 Sherpa and leader of the OECD’s Inclusive Growth Initiative, and Emmanuel Faber, Chairman & CEO of Danone, launched the Business for Inclusive Growth (B4IG) Platform.

In a growing number of OECD countries policymakers are designing specific regulations for lending-based crowdfunding platforms.

Imports in Switzerland decreased to 15849.16 CHF million in March from 16498.58 CHF million in February of 2020. Imports in Switzerland averaged 6636.68 CHF million from 1950 until 2020, reaching an all time high of 17688.56 CHF million in January of 2018 and a record low of 273.20 CHF million in February of 1950. In 2019, imports to Switzerland reached a record high of CHF 275 billion despite the global uncertainty surrounding trade disputes and the world economy. Main imports were: natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin (31 percent of total imports); pharmaceutical products (11 percent); nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (7 percent); vehicles (6 percent); electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles (5 percent); organic chemicals (5 percent); mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (3 percent); and optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (3 percent). Germany was the biggest source of imports (21 percent of total imports), followed by Italy (8 percent), France and the US (7 percent each), the UK and China (6 percent each), the UAE (5 percent), Austria and Ireland (3 percent each), Spain, Thailand, the Netherlands, Belgium and Japan (2 percent each). This page provides - Switzerland Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core consumer prices in Ukraine increased 3 percent in February of 2020 over the same month in the previous year. Core Inflation Rate in Ukraine averaged 10.37 percent from 2010 until 2020, reaching an all time high of 47.10 percent in April of 2015 and a record low of 0 percent in February of 2014. In Ukraine, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items. This page provides - Ukraine Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core consumer prices in Greece increased 0.20 percent in January of 2020 over the same month in the previous year. Core Inflation Rate in Greece averaged -0.25 percent from 2010 until 2020, reaching an all time high of 3.13 percent in July of 2010 and a record low of -16.39 percent in October of 2014. In Greece, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items. This page provides the latest reported value for - Greece Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Core consumer prices in Rwanda increased 2.80 percent in February of 2020 over the same month in the previous year. Core Inflation Rate in Rwanda averaged 5.25 percent from 2005 until 2020, reaching an all time high of 19.10 percent in March of 2009 and a record low of 1.30 percent in January of 2011. This page provides - Rwanda Core Inflation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core consumer prices in Mali decreased 0.40 percent in February of 2020 over the same month in the previous year. Core Inflation Rate in Mali averaged -0.11 points from 2015 until 2020, reaching an all time high of 3.40 points in July of 2017 and a record low of -5 points in November of 2019. This page provides - Mali Core Inflation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core consumer prices in Netherlands increased 1.60 percent in May of 2019 over the same month in the previous year. Core Inflation Rate in Netherlands averaged 1.66 percent from 1997 until 2019, reaching an all time high of 3.90 percent in January of 2002 and a record low of 0.10 percent in March of 2006. In Netherlands, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items. This page provides - Netherlands Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core consumer prices in China increased 1.20 percent in March of 2020 over the same month in the previous year. Core Inflation Rate in China averaged 1.38 percent from 2008 until 2020, reaching an all time high of 2.50 percent in June of 2011 and a record low of -1.60 percent in August of 2009. In China, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items. This page provides - China Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core consumer prices in the United States increased 2.10 percent in March of 2020 over the same month in the previous year. Core Inflation Rate in the United States averaged 3.60 percent from 1957 until 2020, reaching an all time high of 13.60 percent in June of 1980 and a record low of 0 percent in May of 1957. In the United States, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes volatile food and fuel costs. This page provides - United States Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core consumer prices in France increased 0.70 percent in March of 2020 over the same month in the previous year. Core Inflation Rate in France averaged 1.31 percent from 1991 until 2020, reaching an all time high of 4 percent in February of 1991 and a record low of -0.20 percent in November of 2014. This page provides the latest reported value for - France Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Core consumer prices in Spain increased 1.10 percent in March of 2020 over the same month in the previous year. Core Inflation Rate in Spain averaged 5.76 percent from 1977 until 2020, reaching an all time high of 27.10 percent in September of 1977 and a record low of -0.10 percent in April of 2010. In Spain, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items. This page provides - Spain Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core consumer prices in Italy increased 0.70 percent in March of 2020 over the same month in the previous year. Core Inflation Rate in Italy averaged 1.65 percent from 1997 until 2020, reaching an all time high of 3.06 percent in August of 2008 and a record low of 0.20 percent in October of 2016. In Italy, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items. This page provides the latest reported value for - Italy Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Core consumer prices in Germany increased 1.30 percent in March of 2020 over the same month in the previous year. Core Inflation Rate in Germany averaged 1.61 percent from 1992 until 2020, reaching an all time high of 6.29 percent in May of 1992 and a record low of 0.19 percent in December of 2010. This page provides the latest reported value for - Germany Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Core consumer prices in Luxembourg increased 1.10 percent in March of 2020 over the same month in the previous year. Core Inflation Rate in Luxembourg averaged 1.68 percent from 1996 until 2020, reaching an all time high of 2.90 percent in July of 2001 and a record low of -1.60 percent in January of 1999. This page provides - Luxembourg Core Inflation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core consumer prices in the United Kingdom increased 1.60 percent in March of 2020 over the same month in the previous year. Core Inflation Rate in the United Kingdom averaged 1.64 percent from 1997 until 2020, reaching an all time high of 3.70 percent in April of 2011 and a record low of -0.10 percent in June of 2000. In the United Kingdom, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items. This page provides - United Kingdom Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core consumer prices in South Africa increased 3.70 percent in March of 2020 over the same month in the previous year. Core Inflation Rate in South Africa averaged 4.93 percent from 2009 until 2020, reaching an all time high of 8.30 percent in May of 2009 and a record low of 2.90 percent in January of 2011. In South Africa, core consumer prices measure a broad rise or fall in prices that consumers pay for a standard basket of goods, excluding volatile items such as food and non-alcoholic beverages, fuel and energy. This page provides the latest reported value for - South Africa Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Core consumer prices in Canada increased 1.70 percent in March of 2020 over the same month in the previous year. Core Inflation Rate in Canada averaged 2.14 percent from 1984 until 2020, reaching an all time high of 5.40 percent in January of 1987 and a record low of 0 percent in June of 1984. In Canada, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items. This page provides - Canada Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core consumer prices in Japan increased 0.40 percent in March of 2020 over the same month in the previous year. Core Inflation Rate in Japan averaged 2.48 percent from 1971 until 2020, reaching an all time high of 24.70 percent in October of 1974 and a record low of -2.40 percent in August of 2009. In Japan, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes prices of fresh food. This page provides - Japan Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core consumer prices in Morocco increased 0.80 percent in March of 2020 over the same month in the previous year. Core Inflation Rate in Morocco averaged 1.07 percent from 2010 until 2020, reaching an all time high of 2.50 percent in June of 2013 and a record low of 0 percent in April of 2010. This page provides - Morocco Core Inflation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core consumer prices in Australia increased 1.80 percent in March of 2020 over the same month in the previous year. Core Inflation Rate in Australia averaged 3.59 percent from 1983 until 2020, reaching an all time high of 10.70 percent in the first quarter of 1983 and a record low of 1.50 percent in the fourth quarter of 2016. In Australia, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items. This page provides - Australia Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core consumer prices in Portugal decreased 0.10 percent in April of 2020 over the same month in the previous year. Core Inflation Rate in Portugal averaged 7.45 percent from 1978 until 2020, reaching an all time high of 31.27 percent in May of 1984 and a record low of -0.57 percent in January of 2010. This page provides - Portugal Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core consumer prices in Turkey increased 11.65 percent in March of 2020 over the same month in the previous year. Core Inflation Rate in Turkey averaged 8.34 percent from 2004 until 2020, reaching an all time high of 24.34 percent in October of 2018 and a record low of 2.50 percent in October of 2010. In Turkey, core consumer prices measure a broad rise or fall in prices that consumers pay for a standard basket of goods, excluding volatile items such as energy, food and non-alcoholic beverages, alcoholic beverages, tobacco and gold. This page provides the latest reported value for - Turkey Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Core consumer prices in Mexico increased 3.50 percent in April of 2020 over the same month in the previous year. Core Inflation Rate in Mexico averaged 23.43 percent from 1983 until 2020, reaching an all time high of 176.90 percent in February of 1988 and a record low of 2.30 percent in August of 2015. In Mexico, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items. This page provides - Mexico Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core consumer prices in Iraq increased 1.30 percent in February of 2020 over the same month in the previous year. Core Inflation Rate in Iraq averaged 7.82 percent from 2000 until 2020, reaching an all time high of 107.04 percent in July of 2004 and a record low of -2.10 percent in January of 2016. In Iraq, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items. This page provides the latest reported value for - Iraq Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Brazil boasts one of the largest increases in expenditure on education between 2000 and 2009 among the countries for which data was available.

Tax revenues in Latin American countries are lower as a proportion of their national incomes than in most OECD countries, but are rising slowly. Revenue Statistics in Latin America shows that the average tax revenue to GDP ratio in the 15 Latin American countries covered by the report increased from 19% in 2009 to 19.4% in 2010, after falling from a high point of 19.7% in 2008.

En países latinoamericanos, la población crece a un ritmo mayor que el promedio mundial, lo cual intensifica el uso de la tierra y aumenta la urbanización. La región también es propensa a los impactos negativos del cambio climático y de los desastres naturales.

In Latin American and Caribbean countries the population is growing faster than the world average, intensifying land use and increasing urbanisation. The region is also prone to the negative impact of climate change and natural disasters, putting further pressure on natural resources.

Education at a Glance 2013 - Country notes and key fact tables

This publication assesses the impact of previous competition law and policy reviews in nine Latin American countries: Argentina, Brazil, Chile, Colombia, El Salvador, Honduras, Mexico, Panama and Peru. This report was discussed during the 2012 annual meeting of the OECD-IDB Latin American Competition Forum held in the Dominican Republic.

After a decade of relatively strong growth, Latin America is facing headwinds associated with declining trade, a moderation in commodity prices and increasing uncertainty over external financial conditions, according to the latest Latin American Economic Outlook jointly produced by the OECD Development Centre, the UN Economic Commission for Latin America and the Caribbean (UN ECLAC) and CAF - Development Bank of Latin America.

OECD Secretary-General Angel Gurría today welcomed Brazil’s further engagement with the Organisation’s world-leading global education assessment programme (PISA) during a signing ceremony in Brasilia with Brazil’s Minister for Education Aloízio Mercadante.

Brazil has made remarkable progress in reducing poverty and inequality. This reduction is explained by strong growth but also by effective social policies. Besides growth, public services and cash transfers have played the biggest role, the latter notably through the successful "Bolsa Familia" programme.

Tax revenues in Latin American countries continue to rise but are lower as a proportion of their national incomes than in most OECD countries. Revenue Statistics in Latin America 2012 shows that Argentina and Brazil have the highest tax revenue to GDP ratio, while Guatemala and Dominican Republic stand at the lower end.

Hoje, a OCDE lança no Brasil, e na presença da lenda do futebol Pelé, o Índice para uma Vida Melhor totalmente em português. Este é o sexto idioma em que o site está disponível e a tradução permite que a OCDE alcance mais de 240 milhões de falantes de português ao redor do mundo.

Today, the OECD launched the Portuguese version of its Better Life Index in Brazil with football legend Pelé. The Portuguese version is the site’s 6th language edition, enabling the OECD to reach over 240 million Portuguese speakers across the globe.

Public investment in education has sharply increased since 2000 and is now one of the highest among OECD and partner countries. In 2011, the Brazilian government spent 19% of its total expenditure on education, which is well above the OECD average of 13%, and is the fourth highest among all OECD and partner countries with available data.

Country notes with main key findings of the book and key fact tables: a customised snapshot of a country's educational environment, highlighting the most important issues in the educational landscape.

Brazil must build on the positive momentum started with its new Corporate Liability Law and its first indictments in one foreign bribery case to investigate and prosecute more proactively foreign bribery.

The 2015 edition introduces more detailed analysis of participation in early childhood and tertiary levels of education. The report also examines first generation tertiary-educated adults’ educational and social mobility, labour market outcomes for recent graduates, and participation in employer-sponsored formal and/or non-formal education.

A educação, a proteção social e o empreendedorismo estão entre as áreas em que são necessárias ações prioritárias para acelerar o crescimento e combater as desigualdades econômicas na América Latina, de acordo com a OCDE.

Brazil remains a fairly closed economy, with small trade flows relative to its share of world income. This paper explores the effects of three possible policy reforms to strengthen Brazil’s integration into global trade: a reduction in import tariffs, less local content requirements and a full zero-rating of exports in indirect taxes.

Education at a Glance 2016 - Country Notes

Latin America and the Caribbean’s (LAC) GDP will shrink by between 0.9% and 1% in 2016, according to the latest estimates, the second consecutive year of negative growth and a rate of contraction the region has not seen since the early 1980s. According to the Latin American Economic Outlook 2017, the region should recover in 2017, but with modest GDP growth of between 1.5% and 2%, below expected growth in advanced economies.

The OECD and Brazil today launched a joint project to examine the similarities and gaps between the Brazilian and OECD approaches to valuing cross-border transactions between associated firms for tax purposes. The project will also assess the potential for Brazil to move closer to the OECD’s transfer pricing rules, which are a critical benchmark for OECD member countries and followed by countries around the world.

The OECD Working Group on Bribery is to send a high-level mission to Brasilia as soon as possible in November, to meet with senior officials, to reinforce the message that law enforcement capacity to investigate and prosecute foreign bribery should be preserved in order to ensure that Brazil remains able and committed to meeting its obligations under the OECD Anti-Bribery Convention.