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TAXING WAGES 2026
Taxes on labour continue to rise across OECD countries
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Effective tax rates on labour income increased across OECD countries in 2025, especially for households with children, according to a new OECD report.
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Top 5 DAC providers account for most of the ODA decline
The five largest providers in 2025 were Germany (USD 29.1 billion), which has become the largest provider of Official development assistance (ODA) for the first time, followed by the United States (USD 29.0 billion), the United Kingdom (USD 17.2 billion), Japan (USD 16.2 billion), and France (USD 14.5 billion), according to preliminary data collected by the OECD. This was the first year on record in which the top five providers all reduced their ODA, accounting for 95.7% of the total decline in ODA overall. ODA provided by the United States declined by 56.9%.
Eight out of the 34 DAC (Development Assistance Committee) members maintained or increased their ODA, while four countries exceeded the United Nations’ target of 0.7% ODA to GNI: Denmark (0.72%), Luxembourg (0.99%), Norway (1.03%) and Sweden (0.85%).
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