Japan is the most indebted country in the world. Japan’s debt as a percentage of GDP is more than double that of the US. However Japan’s costs to service its national debt is much lower than that of the US as shown in the chart below. The following chart shows the Net Government Interest Costs as …
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The Countries With The Highest Cancer Rates are shown in the chart below. Australia and New Zealand have the highest skin cancer rates in the world. Enlarge Source: RFE/RL
We looked at social spending as a percentage of GDP in OECD countries last week.The following chart shows public social spending as a percentage of GDP. France is the biggest social spender and most of developed Europe spends higher than the OECD average on public spending because of highly liberal social benefits. The US ranks …
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Labor productivity is an important factor that is used not only by economists but also by successful companies. The measure shows how productive labor is for a given hour, day, month, etc. Higher the productivity better the performance of a company or in the case of a country the higher the GDP. According to OECD, …
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The corporate income tax rate in the most European countries range between 19 and 25 percent according to OECD data. France has the highest corporate income tax rate at 34.4% while Hungary has the lowest at just 9%. Click to enlarge Source: Corporate Income Tax Rates in Europe, Tax Foundation