There are now 42 signatories to the OECD Declaration on Green Growth. Lithuania has joined Costa Rica, Colombia, Croatia, Latvia, Morocco, Tunisia, as well as OECD members in having adhered to the declaration. Latest reports are now available on Zambia, Slovak Republic, Slovenia and Korea.
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This country note from Going for Growth 2015 for Hungary identifies and assesses progress made on key reforms to boost long-term growth, improve competitiveness and productivity and create jobs.
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The tax burden in Hungary increased by 0.4 percentage points from 38.5% to 38.9% in 2013. The corresponding figure for the OECD average was an increase of 0.4 percentage points from 33.7% to 34.1%. The Hungarian standard VAT rate is 27%, the highest of the OECD countries and considerably above the OECD average. The average VAT/GST standard rate in the OECD was 19.1% on 1 January 2014.
Hungary has gradually become a destination country for international migrants, as well as a transit country for migration flows, mainly in the East-to-West migration corridor, although flows remain stable and limited.
OECD-GVH Regional Centre for Competition in Budapest website
Country notes outlining regional variations in health, jobs, safety, environment, access to services, civic engagement, housing, education, income, and employment. These notes are from the OECD publication "How's Life in Your Region?".
Getting regions and cities 'right', adapting policies to the specificities of where people live and work, is vital to improving citizens’ well-being. View the country factsheets from the publication OECD Regional Outlook 2014.
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.
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Educational attainment matters greatly in Hungary’s labour market: people with tertiary education have much higher employment rates and earn more than twice as much than those without.
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Hungary was hit harder by the global crisis than most OECD countries. Unemployment reached record levels at the peak of the crisis but has since recovered to its pre-crisis level around the current OECD average of 8%.