Well-being indicators
The economy is recovering and productivity growth has slowed down
GDP growth could be much stronger with more ambitious structural reforms
After a deep recession, the economy is recovering
Inflation has come down, the exchange rate has depreciated
Financial markets contain risks, but these appear manageable
External debt has risen but currency reserves are high
Inflation and core inflation have eased, while expectations converge towards the target
Monetary policy has responded to declining inflationary pressures
Fiscal outcomes have deteriorated sharply (graph)
Investment is closely following domestic savings
Public debt levels are middle-range but interest expenditures are high
Public debt trajectory
Main functional areas of public expenditure
Poverty is relatively high for young people
Different benefits reach people at different income levels
Pension reform is urgent
Potential gains from greater spending efficiency on health
High expenditures in education coincide with weak outcomes
Compensation of general government employees
After years of decline, investment is low in international comparison
Infrastructure quality is low
Hours required to prepare taxes
Regulatory barriers to entrepreneurship are high
Exposure to trade and participation in global value chains are low
Trade barriers are high, especially in capital goods
The potential consumer benefits from lower trade barriers are highly progressive
Export performance has been weak
Active labour market policies are not focused on training and labour market services
Women and youths have lower labour market attachment
Net greenhouse gas emissions by sector of origin
Deforestation is increasing
Taxes on fossil fuel are low in international comparison
Green growth indicators