The OECD Review of the Independent Authority for Fiscal Responsibility (AIReF) in Spain is among the first wave of independent fiscal institution evaluations. While still a very young institution, the reviewers found AIReF’s work to be in line with good practice in terms of approach, rigour and transparency, as well as in comparison to peer IFIs.
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This note presents selected findings based on the set of well-being indicators published in How's Life? 2017.
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Selected findings for Spain from the report "Preventing Ageing Unequally"
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The labour market situation in Spain has continuously improved over the past three years. Employment in Spain, as a share of the population aged 15-74 years, has increased by more than 4 percentage points since the crisis trough in 2013 but it is still 6 percentage points below its pre-crisis level.
The tax burden on labour income is expressed by the tax wedge, which is a measure of the net tax burden on labour income borne by the employee and the employer.
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Spain had the 15th highest tax wedge among the 35 OECD member countries in 2016. The country had the 14th highest position in 2015. The average single worker in Spain faced a tax wedge of 39.5% in 2016 compared with the OECD average of 36.0%.
These country specific notes provide figures and commentary from the Taxation and Skills publication that examines how tax policy can encourage skills development in OECD countries.
Spain is enjoying a robust recovery from a deep recession, with GDP growth averaging 2.5% over the past three years.
As part of the STI Outlook 2016, the OECD has released policy profiles by country. These include cross-country analyses that draw on the first joint EC-OECD survey on STI policies. They focus on major STI policy areas, instruments and trends.
This publication provides detailed country notes on Value Added Tax/Goods and Services Tax (VAT/GST) and excise duty rates in OECD member countries.