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The OECD’s annual Revenue Statistics report found that the tax-to-GDP ratio in the United States decreased by 2.5 percentage points from 26.8% in 2017 to 24.3% in 2018. The corresponding figure for the OECD average was a slight increase of 0.1 percentage point from 34.2% to 34.3% over the same period.
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Key findings for the United States from the report "Pensions at a Glance 2019"
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The United States spends more on healthcare than any other OECD country, both as a proportion of GDP (16.9%) and per person (USD 10 586). High levels of spending have not translated into people leading longer lives. Life expectancy at birth is two years below the OECD average, and actually declined by over two months between 2012 and 2017.
Mr. Angel Gurría, Secretary-General of the OECD, will be in Washington, from 16 to 19 October 2019 to attend a G7 Finance Ministers and Central Bank Governors Meeting, a G20 Finance Ministers and Central Bank Governors Meeting, the meeting of the Coalition of Finance Ministers for Climate Action and the 2019 International Monetary Fund and World Bank Annual Meetings.
Placing Well-being at the Heart of Climate Policy
Urgent action on climate is needed now! The record heat waves we experienced this summer are just a taste of how climate change could spin out of control. Business leaders are recognising their role in addressing shared social and economic challenges – and that companies will face reputational risks if they do not act.
Mr. Angel Gurría, Secretary-General of the OECD, will be in New York on 22 to 26 September 2019, to attend the high-level week of the United Nations General Assembly (UNGA).