Nepal recorded a trade deficit of 103773.70 Million NPR in December of 2019. Balance of Trade in Nepal averaged -37973.27 Million NPR from 2001 until 2019, reaching an all time high of -3913.30 Million NPR in October of 2001 and a record low of -132194.70 Million NPR in September of 2018. Nepal’s lack of infrastructure and geographic constraints has led to chronic trade deficits. Nepal mainly exports iron and steel, knotted carpets, textiles, plastics, hollow tubes, beverages and vegetables. Nepal mainly imports oil, gold, iron and steel, clothes, pharmaceutical products, cement, electronic appliances, food and vehicles. This page provides - Nepal Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The inflation rate in Nepal was recorded at 6.90 percent in February of 2020. Inflation Rate in Nepal averaged 8.16 percent from 1964 until 2020, reaching an all time high of 30.42 percent in May of 1966 and a record low of -11.54 percent in May of 1967. In Nepal, the most important categories in the consumer price index are food and beverages (43.91 percent of the total weight) and housing, water, electricity, gas and other fuels (20.3 percent). The index also includes: education (7.4 percent); clothing and footwear (7.1 percent); transport (5.3 percent); furnishings, housing equipment (4.3 percent); healthcare (3.5 percent); communication (2.8 percent); miscellaneous goods and services (2.8 percent) and recreation and culture (2.5 percent). This page provides the latest reported value for - Nepal Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Cost of food in Nepal increased 9.80 percent in February of 2020 over the same month in the previous year. Food Inflation in Nepal averaged 9.39 percent from 2007 until 2020, reaching an all time high of 21.42 percent in June of 2009 and a record low of -1 percent in June of 2017. This page provides the latest reported value for - Nepal Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The benchmark interest rate in Nepal was last recorded at 6 percent. Interest Rate in Nepal averaged 6.73 percent from 2003 until 2020, reaching an all time high of 8 percent in July of 2012 and a record low of 5.50 percent in September of 2003. In Nepal, interest rates decisions are taken by the Nepal Rastra Bank. The official interest rate is the bank rate. This page provides - Nepal Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Nepal thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Nepal as reported by major credit rating agencies.

Nepal did not report any Coronavirus Deaths so far, according to the World Health Organization (WHO). This page includes a chart with historical data for Nepal Coronavirus Deaths.

Standard & Poor's credit rating for Morocco stands at BBB- with stable outlook. Moody's credit rating for Morocco was last set at Ba1 with stable outlook. Fitch's credit rating for Morocco was last reported at BBB- with negative outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Morocco thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Morocco as reported by major credit rating agencies.

Standard & Poor's credit rating for Mexico stands at BBB with negative outlook. Moody's credit rating for Mexico was last set at Baa1 with negative outlook. Fitch's credit rating for Mexico was last reported at BBB- with stable outlook. DBRS's credit rating for Mexico is BBB with negative outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Mexico thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Mexico as reported by major credit rating agencies.

Standard & Poor's credit rating for Luxembourg stands at AAA with stable outlook. Moody's credit rating for Luxembourg was last set at Aaa with stable outlook. Fitch's credit rating for Luxembourg was last reported at AAA with stable outlook. DBRS's credit rating for Luxembourg is AAA 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 Luxembourg thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Luxembourg as reported by major credit rating agencies.

Standard & Poor's credit rating for France stands at AA with stable outlook. Moody's credit rating for France was last set at Aa2 with stable outlook. Fitch's credit rating for France was last reported at AA with stable outlook. DBRS's credit rating for France is AAA with negative outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of France thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for France as reported by major credit rating agencies.

Standard & Poor's credit rating for China stands at A+ with stable outlook. Moody's credit rating for China was last set at A1 with stable outlook. Fitch's credit rating for China was last reported at A+ with stable outlook. DBRS's credit rating for China is A (high) with negative outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of China thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for China as reported by major credit rating agencies.

Standard & Poor's credit rating for Canada stands at AAA with stable outlook. Moody's credit rating for Canada was last set at Aaa with stable outlook. Fitch's credit rating for Canada was last reported at AAA with stable outlook. DBRS's credit rating for Canada is AAA 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 Canada thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Canada as reported by major credit rating agencies.

Standard & Poor's credit rating for Andorra stands at BBB with stable outlook. Fitch's credit rating for Andorra was last reported at BBB+ with stable outlook. This page provides - Andorra Credit Rating- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Standard & Poor's credit rating for Angola stands at CCC+ with stable outlook. Moody's credit rating for Angola was last set at B3 with under review outlook. Fitch's credit rating for Angola was last reported at B- 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 Angola thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Angola as reported by major credit rating agencies.

Standard & Poor's credit rating for Australia stands at AAA with negative outlook. Moody's credit rating for Australia was last set at Aaa with stable outlook. Fitch's credit rating for Australia was last reported at AAA with stable outlook. DBRS's credit rating for Australia is AAA 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 Australia thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Australia as reported by major credit rating agencies.

Standard & Poor's credit rating for Iraq stands at B- with stable outlook. Moody's credit rating for Iraq was last set at Caa1 with stable outlook. Fitch's credit rating for Iraq was last reported at B- with negative outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Iraq thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Iraq as reported by major credit rating agencies.

Temperature in Rwanda increased to 21.08 celsius in August from 20.02 celsius in July of 2013. Temperature in Rwanda averaged 19.24 celsius from 1850 until 2013, reaching an all time high of 21.66 celsius in September of 1997 and a record low of 16.88 celsius in December of 1860. This page includes a chart with historical data for Rwanda Temperature.

Military Expenditure in Rwanda increased to 119.50 USD Million in 2018 from 115.70 USD Million in 2017. Military Expenditure in Rwanda averaged 74.36 USD Million from 1973 until 2018, reaching an all time high of 158 USD Million in 1991 and a record low of 32.30 USD Million in 1975.

Deposit Interest Rate in Rwanda decreased to 5.39 percent in 2018 from 5.95 percent in 2017. Deposit Interest Rate in Rwanda averaged 7.64 percent from 1980 until 2018, reaching an all time high of 11.01 percent in 1996 and a record low of 5 percent in 1993. 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 Rwanda.

Rwanda scored 52.82 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum. Competitiveness Index in Rwanda averaged 19.84 Points from 2011 until 2019, reaching an all time high of 52.82 Points in 2019 and a record low of 3.99 Points in 2011. 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 - Rwanda Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Rwanda is the 100 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 Rwanda averaged 79.33 from 2011 until 2019, reaching an all time high of 108 in 2018 and a record low of 58 in 2016. 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 - Rwanda Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Rwanda recorded a capital and financial account deficit of 460.60 USD Million in 2018. Capital Flows in Rwanda averaged -60.91 USD Million from 1998 until 2018, reaching an all time high of 426.80 USD Million in 2009 and a record low of -814.60 USD Million in 2016. This page provides - Rwanda Capital Flows- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Foreign Direct Investment in Rwanda increased by 305.50 USD Million in 2018. Foreign Direct Investment in Rwanda averaged 238.14 USD Million from 2009 until 2018, reaching an all time high of 314.70 USD Million in 2014 and a record low of 118.67 USD Million in 2009. This page provides - Rwanda Foreign Direct Investment- actual values, historical data, forecast, chart, statistics, economic calendar and news.

External Debt in Rwanda increased to 3010 USD Million in 2017 from 2453 USD Million in 2016. External Debt in Rwanda averaged 1280.38 USD Million from 1991 until 2017, reaching an all time high of 3010 USD Million in 2017 and a record low of 511.20 USD Million in 2006. This page provides - Rwanda External Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Terrorism Index in Rwanda increased to 2.95 in 2018 from 2.18 in 2017. Terrorism Index in Rwanda averaged 2.73 from 2002 until 2018, reaching an all time high of 3.94 in 2010 and a record low of 0.42 in 2004. 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).

Rwanda recorded a Government Budget deficit equal to 4.30 percent of the country's Gross Domestic Product in 2018. Government Budget in Rwanda averaged -2.78 percent of GDP from 2006 until 2018, reaching an all time high of -0.10 percent of GDP in 2010 and a record low of -5.30 percent of GDP in 2013. 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 - Rwanda Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Rwanda scored 53 points out of 100 on the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Index in Rwanda averaged 44.27 Points from 2005 until 2019, reaching an all time high of 56 Points in 2018 and a record low of 25 Points in 2006. 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 - Rwanda Corruption Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Rwanda is the 51 least corrupt nation out of 175 countries, according to the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Rank in Rwanda averaged 67.73 from 2005 until 2019, reaching an all time high of 121 in 2006 and a record low of 44 in 2015. 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 - Rwanda Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Employment Rate in Rwanda increased to 46.50 percent in the fourth quarter of 2019 from 43.90 percent in the third quarter of 2019. Employment Rate in Rwanda averaged 45.25 percent from 2019 until 2019, reaching an all time high of 46.50 percent in the fourth quarter of 2019 and a record low of 43.90 percent in the third quarter of 2019. This page provides - Rwanda Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Unemployment Rate in Rwanda decreased to 15.40 percent in the fourth quarter of 2019 from 16 percent in the third quarter of 2019. Unemployment Rate in Rwanda averaged 12.04 percent from 2001 until 2019, reaching an all time high of 17.80 percent in the third quarter of 2017 and a record low of 1 percent in the fourth quarter of 2001. In Rwanda, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Rwanda Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Rwanda expanded 8.40 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Rwanda averaged 7.58 percent from 2000 until 2019, reaching an all time high of 13.40 percent in the first quarter of 2007 and a record low of 0.30 percent in the first quarter of 2017. Services is the largest sector of the Rwanda's economy and accounts for 53 percent of total GDP. Within services, the most important sub-sectors are: real estate activities (8 percent), wholesale and retail trade (8 percent), cultural, domestic & other services (6 percent), administrative and support service activities and public administration and defence; and compulsory social security (5 percent each). Agriculture, forestry and fishing account for 29 percent of GDP, with food crops contributing 17 percent. The industrial sector constitutes 18 percent of the GDP, with construction (7 percent) and manufacturing (6 percent) accounting for the largest shares. On the expenditure side, household consumption is the main component of GDP and accounts for 76 percent of its total use, followed by gross fixed capital formation (28 percent) and government expenditure (16 percent). Exports of goods and services account for 19 percent of GDP while imports account for 39 percent, subtracting 20 percent of total GDP. The major source of foreign trade is coffee, tea, tin cassiterite, wolframite and pyrethrum. This page provides the latest reported value for - Rwanda GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Consumer Price Index in Rwanda increased 1.90 percent in March of 2020 over the previous month. Inflation Rate Mom in Rwanda averaged 0.41 percent from 2009 until 2020, reaching an all time high of 4.04 percent in September of 2013 and a record low of -3.94 percent in December of 2013. Inflation Rate MoM measures month over month change in the price of goods and services. This page provides - Rwanda Inflation Rate MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cpi Housing Utilities in Rwanda increased to 126.10 points in March from 123.66 points in February of 2020. Cpi Housing Utilities in Rwanda averaged 102.66 points from 2009 until 2020, reaching an all time high of 126.10 points in March of 2020 and a record low of 87.71 points in April of 2010. This page provides - Rwanda Cpi Housing Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The transportation sub-index of the CPI basket in Rwanda increased to 120.10 points in March of 2020 from 119.94 points in February of 2020. CPI Transportation in Rwanda averaged 101.35 points from 2009 until 2020, reaching an all time high of 120.10 points in March of 2020 and a record low of 81.30 points in May of 2009. This page provides - Rwanda Cpi Transportation- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Standard & Poor's credit rating for Rwanda stands at B+ with stable outlook. Moody's credit rating for Rwanda was last set at B2 with stable outlook. Fitch's credit rating for Rwanda was last reported at B+ 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 Rwanda thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Rwanda as reported by major credit rating agencies.

Rwanda did not report any Coronavirus Deaths so far, according to the World Health Organization (WHO). This page includes a chart with historical data for Rwanda Coronavirus Deaths.

An overview of the long-term care situation in Belgium is available here.

Korea tops a new OECD PISA survey that tests how 15-year olds use computers and the Internet to learn. The next best performers were New Zealand, Australia, Japan, Hong-Kong China and Iceland.

Furthering efforts to fight against international tax evasion and bank secrecy, members of the Global Forum on Transparency and Exchange of Information for Tax Purposes have issued 12 new peer review reports.

This report provides, for the Flemish community of Belgium, an independent analysis of major issues facing the educational evaluation and assessment framework, current policy initiatives, and possible future approaches.

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

The main goal of the Strategy is to strengthen OECD’s contributions to “higher and more inclusive growth in the widest array of countries”, making full use of the OECD evidence-based approaches to improve policy making and economic reform for developing and developed countries.

Gains in female education attainment have contributed to a worldwide increase in women’s participation in the labour force, but considerable gaps remain in working hours, conditions of employment and earnings.  More specific data for Beligum are available in this country note.

The global crisis led to a smaller increase in the unemployment rate than in most other OECD countries as employment has been sustained through intensive use of reduced working time schemes.

OECD Report on Mental Health and Work in Belgium to launch on 29 January 2013 in Brussels

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.

This publication looks at regional innovation in Wallonia, Belgium, by examining the political context, governance issues and the role of innovation in the economy, along with regional innovation strategies to promote growth.

This paper discusses the results of the 2011-2012 OECD LEED study of measuring green growth in the Benelux countries (Belgium, The Netherlands and Luxembourg). The study paid particular attention to the challenges of measuring the transition to a low-carbon economy in cross-border areas as they have additional levels of complexity when it comes to measuring and monitoring their low-carbon transition.

Mr. Angel Gurría, Secretary-General of the OECD, will be in Brussels on Thursday 13th June to launch the 2013 OECD International Migration Outlook and to hold bilateral meetings with Officials of the European Union.

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