GDP growth in the euro area and EU: In the third quarter of 2020, seasonally adjusted GDP increased by 12.5% in the euro area and by 11.5% in the EU compared with the previous quarter, according to an estimate published by Eurostat, the statistical office of the European Union. Eurostat attributed the downturn to the COVID-19 containment measures still in place in most EU member states. GDP up by 12.7% in the euro area and by 12.1% in the EU. The Eurozone economy shrank by 4.3 percent year-on-year in the third quarter of 2020, easing from a record slump of 14.7 percent in the previous period and compared with a second estimate of a 4.4 percent contraction. The Euro area economy bounced back strongly in Q3, according to a second release. ESA 2010 - Overview page (Eurostat) European accounts - Main aggregates (Eurostat) European accounts - Employment (Eurostat) Different portals, same data. <> GDP growth in the euro area and EU28 Seasonally adjusted GDP rose by 0.2% in the euro area (EA19) and by 0.3% in the EU28 during the third quarter of 2019, compared with the previous quarter, according to a flash estimate published by Eurostat, the statistical office of the European Union. Euro GDP using DFM Ben Norwood & Rebecca Killick Monday 26th March, 2018 1/18. Eurostat said the number of employed persons decreased by 2.6 percent in the EU and by 2.8 percent in the euro area in the second quarter, compared with the previous quarter. Compared with the same quarter of the previous year, The Euro Area economy grew an annualized 60.5 percent in the third quarter of 2020, the most on record, recovering from a historical slump of 39.5 percent in the previous period due to the coronavirus crisis. more. Short-term business statistics methodology (Eurostat) In this case the statistics of Eurostat's Urban Audit for Larger Urban Zones have been used. Other series (indicators) are known to correlate and reflect the nature of the series of interest. 1 0 obj Eurostat says Q2 GDP down by 11.7 pct in EU, 12.1 pct in euro area ... the figures declined by 14.1 percent in the EU and by 15.0 percent in the euro area respectively. This page provides - Euro Area GDP Growth Rate - actual … The economy therefore grew at the fastest pace since the series began in 1995. %���� �����?�z�P�kx�U7P�ނ�ź�/�f�����*ւ�֕:z����@�.���v��κ�3����귻 t��X��|�y�[��l�yU��v`-�2`L1�Ɋ!�FCip-G��B�^yƉ��n����>���g����5;-x8"�w���8I��M��b��Ĉ�**!Z^��VUTR��K/����ꎠQ�.v��Z�\� y3���'��޾��4�+>�u 䍬t� ~����Ϩ��{�[[����]�w5Q���eTU����P]߀ �{/�����C+���[t�U�g �5{=f��r��:&�'�o ���h4:��� ... to be the leading provider of high quality statistics on Europe. more, In October 2020, the euro area seasonally-adjusted unemployment rate was 8.4%, down from 8.5% in September 2020 and up from 7.4% in October 2019. The site aims to facilitate the understanding, use and comparison of euro area and national statistics. For further information on GDP, output and demand, please access the documentation below: Statistics Bulletin - Note to Tables 5.2 . Government Debt to GDP in the Euro Area averaged 74.64 percent from 2000 until 2019, reaching an all time high of 86.60 percent in 2014 and a record low of 62.20 percent in 2007. endobj A second estimate confirmed that the Eurozone economy contracted sharply in the first quarter of this year, after marginally expanding in Q4 2019. Activities of U.S. Affiliates of Foreign Multinational Enterprises, 2018. ��o{��w��+~��z ��y�> �ɕ�tb���k] �~���|�7 ?��7|�\�pxE�����w=_��-��4��)��� �YT��5�9�����[�Z�!���;/����3j�1�gE�VL���=O6�$�ž���`�O����+���p���b`{@���*n�����qX���݇HZ��E9�)�yg��Q�! Government Debt to GDP in the Euro Area averaged 74.64 percent from 2000 until 2019, reaching an all time high of 86.60 percent in 2014 and a record low of 62.20 percent in 2007. The seasonally adjusted Gross Domestic Product (GDP) expanded by 12.5% in the third quarter in the euro area and 11.5% in the EU, the data published by the Eurostat showed on Tuesday. 2.8% in the euro area In the EU, GDP down by 11.7% and employment down by 2.6% GDP growth in the euro area and EU In the second quarter of 2020, still marked by COVID-19 containment measures in most Member States, seasonally adjusted GDP decreased by 12.1% in the euro area and by 11.7% in the EU compared with the In the first quarter of 2020, Eurostat is providing practical guidance for official statisticians on the issues triggered by COVID-19. Money, credit and central bank interest rates . Graph and download economic data for Real Gross Domestic Product (Euro/ECU series) for Euro area (19 countries) (CLVMEURSCAB1GQEA19) from Q1 1995 to Q3 2020 about Euro Area, Europe, real, and GDP. Go to digital publication. Originated with the aim of predicting Meteorological series. 4 0 obj 21 days ago. TGM interface replaced by Data Browser on 4 January, GDP main aggregates and employment estimates for the third quarter of 2020: GDP up by 12.5% and employment up by 1.0% in the euro area, Volume of retail trade up by 1.5% in both euro area and EU, Industrial producer prices up by 0.4% in the euro area and by 0.3% in the EU, Harmonised Indices of Consumer Prices (HICP), Labour market (including Labour Force Survey), General government gross debt - annual data, Harmonised unemployment rate, age group 15-24, Key figures on Europe – Statistics visualised. more, In October 2020, industrial producer prices rose by 0.4% in the euro area and by 0.3% in the EU, compared with September 2020, according to estimates from Eurostat, the statistical office of the European Union. Banks' Corner Download area “Euro area statistics” is a website provided by the European Central Bank (ECB) and the national central banks (NCBs) of the Eurosystem. =d"&��[�em�� ���6xR��E���]ƪ/ ���$�c_i�S�bKj(�F��M�3�C�����_�'�X�����s� �,ٚA��}��`#����|y/�mW��wU�6�,"䀰�?ïg� CfW��C�n���.? <>/ExtGState<>/XObject<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 595.4 841.8] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> In the first quarter of 2020, GDP had decreased by 3.2 percent in the EU and by 3.6 percent in the euro area. Gross Domestic Product, 3rd Quarter 2020 (Second Estimate); Corporate Profits, 3rd Quarter 2020 (Preliminary Estimate) 13 days ago. more, In October 2020, the seasonally adjusted volume of retail trade rose by 1.5% in both the euro area and the EU, compared with September 2020, according to estimates from Eurostat, the statistical office of the European Union. GDP surged a seasonally-adjusted 12.6% from the previous quarter (previously reported: +12.7% qoq s.a.), contrasting Q2’s record 11.8% plunge. Gross domestic product at market prices Gross domestic product at market prices - Euro area 19 (fixed composition) - Domestic (home or reference area), Total economy, Euro, Current prices, Non transformed data, Neither seasonally adjusted nor calendar adjusted data . Reset zoom. Graph and download economic data for Gross Domestic Product (Euro/ECU series) for Euro Area (19 Countries) (EUNNGDP) from Q1 1995 to Q3 2020 about Euro Area, Europe, and GDP. Eurozone GDP surges at fastest rate since 1995. This statistic shows the growth of the real gross domestic product (GDP) in the Euro area from the second quarter 2017 to the second quarter 2020. x��=]o7����%���j5�I`�@{}Y\p���}0�a,�l���%�?V��M�4�-[ y��f����G��e}���7�����������y{�f����o�~ޞ�ڼ����w7������m7��/�[����ߞ>������k�S�l�d�m�l�>��_���O~x�����Y�x�����+v k$o5W����擯��i���F��X�Tz����U��w��O�������Lܾf�����Bg����O���}��W�/w�5 ӭ����b7���9���ǟ�7��on�7�������B9o��(W���6��V�)ҏb� F�B4�ӭ:$���2ݼ�x�b\}[KX�k�[�X߮��f�;�>㫮Y�o�j�E�곺�L� May 15, 2020. The euro area’s government gross-debt-to-GDP ratio 1 is expected to increase by roughly 22.3 percentage points (p.p.) The seasonally adjusted Gross Domestic Product (GDP) expanded by 12.5% in the third quarter in the euro area and 11.5% in the EU, the data published by the Eurostat showed on Tuesday. Our main task is to maintain price stability in the euro area and so preserve the purchasing power of the single currency. On a yearly basis, the euro area GDP contracted by 4.3% in Q3 and came in slightly better than the market expectation for a decline of 4.4%. In the euro area, households’ financial wealth per capita continues to grow, reaching close to €55,000 at the end of the second quarter of 2020. Euro Area Current Account to GDP The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Graph and download economic data for Real Gross Domestic Product (Euro/ECU series) for Euro area (19 countries) (CLVMEURSCAB1GQEA19) from Q1 1995 to Q3 2020 about Euro Area, Europe, real, and GDP. Personal Income by County and Metropolitan Area, 2019. These were by far the sharpest declines observed since time series started in 1995. “Euro area statistics” is a website provided by the European Central Bank (ECB) and the national central banks (NCBs) of the Eurosystem. The eurozone, officially called the euro area, is a monetary union of 19 member states of the European Union (EU) that have adopted the euro as their primary currency and sole legal tender.The monetary authority of the eurozone is the Eurosystem.Eight members of the European Union continue to use their own national currencies, although most of them will be obliged to adopt the euro in the future. GDP (Nominal) $12.712 trillion: Interest rate-0.50%: Inflation: 0.2%: Unemployment (2019 ... officially called the euro area, is a monetary union of 19 member states of the European Union (EU) that have adopted the euro as their primary currency and sole legal tender. It offers a range of interactive visualisations and short texts on a wide range of statistics. The economy therefore grew at the fastest pace since the series began in 1995. 13/11/2020. ��3߰��ܦn�lM k2��*R���պ�3��շ���gbu����v_�b�u��E�Yk��z骢����ִ�����8�n,0�����>_���+�Ɨ67� ��s�i}ƺ���3��}]s��O��n��X� According to a new publication by Eurostat, seasonally adjusted gross domestic product increased by 12.5% in the euro area … Eurozone employment and GDP grew at the fastest rate since records began in the third quarter of 2020. 2 0 obj A metropolitan region's gross domestic product, or GDP, is one of several measures of the size of its economy.Similar to GDP, GMP is defined as the market value of all final goods and services produced within a metropolitan area in a given period of time. stream $) Share in 2019 (%) Rank PPP/Nom; 2018 2019 Change Europe World Europe World; Albania: 38.305: 40.151: 1.846: 0.127 source: Eurostat. The monetary authority of the eurozone is the Eurosystem. Eurostat calculates the GDP based on the information provided by national statistics institutes affiliated to eurostat.. Introduction Nowcasting Forecasting a series at time ‘now’. Photo: Getty. <> Real GDP growth is defined as year on year percentage change of real GDP (i.e. Eurostat is the statistical office of the European Union situated in Luxembourg. Eurozone employment and GDP grew at the fastest rate since records began in the third quarter of 2020. Euro area data presented on this page are provided by Eurostat and the ECB. Take a look at our digital publication ‘Key figures on Europe – Statistics visualised’. It is the second largest economy in the world in nominal terms, after the United States, and the third one in purchasing power parity (PPP) terms, after China and the United States. These were by far... adjusted GDP decreased by 12.1% in the euro areaand by 11.9% in the EU, compared with the previous quarter, according to a preliminary flash estimate published by Eurostat, the statistical office of the European Union. Employment rebounded by 1% between … GDP growth in the euro area and EU: In the third quarter of 2020, seasonally adjusted GDP increased ... Eurostat created a new blog post, GDP main aggregates and employment estimates for the third quarter of 2020: GDP up by 12.5% and employment up by 1.0% in the euro area - ChatPips Current Account to GDP in the Euro Area averaged 0.76 percent from 1999 until 2019, reaching an all time high of 3.10 percent in 2016 and a record low of -1.80 percent in 2008. $) Share in 2019 (%) Rank PPP/Nom; 2018 2019 Change Europe World Europe World; Albania: 38.305: 40.151: 1.846: 0.127 <>>> In September 2020, the retail trade volume fell by 1.7% in the euro area... “Euro area statistics” - The ECB website "Euro area statistics" is about euro area and national central bank statistics, and presents a sub-set of available statistics. As of 29 April 2016, Eurostat will publish preliminary GDP flash estimates for the euro area and the European Union about 30 days after the end of the reference quarter. of GDP over the period 2007-12, from 66.2% to 88.5% of GDP, which equates to one-third more debt compared to the pre-crisis level (2007). Government Debt to GDP In the Euro Area decreased to 77.60 percent in 2019 from 79.50 percent in 2018. In … Real GDP growth forecasts. November 13, 2020 The Euro area economy bounced back strongly in Q3, according to a second release. Gross domestic product at market prices, total economy, denominated in euro, chain-linked volumes (rebased, reference year 2010), seasonally and working day-adjusted. 3 0 obj A metropolitan region's gross domestic product, or GDP, is one of several measures of the size of its economy.Similar to GDP, GMP is defined as the market value of all final goods and services produced within a metropolitan area in a given period of time. ... (GDP) growth in EU and Euro area 2021; ... Eurostat… The main objective of the webpage is to provide professional users with the possibility to compare core national statistics using graphical presentations. European union flag against parliament in Brussels, Belgium. How does your region compare? GDP dived a seasonally-adjusted 3.8% in Q1 from the previous quarter, contrasting Q4’s 0.1% uptick and thus logging the sharpest contraction since the series began … U.S. International Trade in … The seasonally adjusted Gross Domestic Product (GDP) expanded by 12.5% in the third quarter in the euro area and 11.5% in the EU, the data published by the Eurostat showed on Tuesday. The statistic shows the growth of the real gross domestic product (GDP) in the European Union and the Euro area from 2009 to 2019, with projections up until 2021. GDP Growth Rate in the Euro Area averaged 0.34 percent from 1995 until 2020, reaching an all time high of 12.60 percent in the third quarter of 2020 and a record low of -11.80 percent in the second quarter of 2020. GDP dived a seasonally-adjusted 3.8% in Q1 from the previous quarter, contrasting Q4’s 0.1% uptick and thus logging the sharpest contraction since the series began in 1995. in volumes) in the euro area , according to the standardised European System of national and regional Accounts 2010 definition, as published by Eurostat. Do you use statistics when you teach? These figures are published by... Eurostat: The Euro Area is an economic and monetary union of 19 European countries that adopted the euro as their currency. GDP growth in the euro area and EU: In the third quarter of 2020, seasonally adjusted GDP increased by 12.5% in the euro area and by 11.5% in the EU compared with the previous quarter, according to an estimate published by Eurostat, the statistical office of the European Union. The economy of the European Union is the joint economy of the member states of the European Union (EU). A second estimate confirmed that the Eurozone economy contracted sharply in the first quarter of this year, after marginally expanding in Q4 2019. Then the Education corner is the right place for you! GDP growth in the euro area and EU: In the third quarter of 2020, seasonally adjusted GDP increased by 12.5% in the euro area and by 11.5% in the EU compared with the previous quarter, according to an estimate published by Eurostat, the statistical office of the European Union. Photo: Getty. Official data published by Eurostat on Tuesday showed employment and economic activity both grew at the fastest rate since 1995 when data began to be compiled. Compared with the same quarter of the previous year, seasonally-adjusted the euro area In the EU, GDP up by 11.5% and employment up by 0.9% GDP growth in the euro area and EU ... European System of Accounts 2010 Eurostat €-indicators release calendar European Statistics Code of Practice Eurostat Press Office Veronika LANG Tel: +352-4301-33 408 eurostat-pressoffice@ec.europa.eu For further information on data: Thierry COURTEL (GDP) Tel: +352-4301-36 … On a yearly basis, the euro area GDP contracted by 4.3% in Q3 and came in slightly better than the market expectation for a decline of 4.4%. In the third quarter of 2020, seasonally adjusted GDP increased by 12.5% in the euro area and by 11.5% in the EU compared with the previous quarter, according to an estimate published by Eurostat, the statistical office of the European Union. 28 days ago. GDP (Nominal) and GDP (PPP) of 28 European Union countries by IMF. The EU unemployment rate was 7.6% in October 2020, stable compared with September 2020 and up from 6.6% in October 2019. endobj GDP growth in the euro area and EU: In the third quarter of 2020, seasonally adjusted GDP increased by 12.6% in the euro area and by 11.6% in the EU compared with the previous quarter, according to a flash estimate published by Eurostat, the statistical office of the European Union. The economy of the European Union is the joint economy of the member states of the European Union (EU). Euro area international trade in goods surplus €24.8 bn. GDP refers to … *) 2018 figures **) 2017 figures Notes: 1. It is the second largest economy in the world in nominal terms, after the United States, and the third one in purchasing power parity (PPP) terms, after China and the United States. Series are not published till much later after the fact. The statistic shows the growth of the real gross domestic product (GDP) in the European Union and the Euro area from 2009 to 2019, with projections up until 2021. ||�6��8�Z��Xs���A�;�孿��ᙳ�-�#�Y�b&��r�M��N1�#�,��qT�**��A��Fg�uWd�Z'J=8���b!�|�~�k��tUT\�����q�JX����ʺ�q4a��n�1? Do you want to get a quick, interactive overview of a selection of key figures for your country and compare it to others? GDP (PPP) Country/Economy GDP (billions of Int. Current Account to GDP In the Euro Area decreased to 2.30 percent in 2019 from 2.90 percent in 2018. Gross domestic product at market prices - Euro area 19 (fixed composition) - Domestic (home or reference area), Total economy, Euro, Current prices, Non transformed data, Calendar and seasonally adjusted data (National accounts, Main aggregates (Eurostat ESA2010 TP, table 1)) Period ↓ value: obs. This statistic shows the gross domestic product (GDP) of the European Union (EU) per capita from 2009 to 2019. The source can be consulted by clicking on the data label, or on … The Eurozone economy shrank by 4.3 percent year-on-year in the third quarter of 2020, easing from a record slump of 14.7 percent in the previous period and compared with a second estimate of a 4.4 percent contraction. From national to euro area HICP. Outdoor Recreation Satellite Account, U.S. and States, 2019. Changes in gdp, world rank and continent rank, % share in world economy and continent economy. GDP (PPP) Country/Economy GDP (billions of Int. This early information on economic growth in Europe will complement the quarterly GDP estimates released about 45 days and 65 days after the end of the reference quarter. In the third quarter 2020, seasonally adjusted GDP increased by 12.7% in the euro area and by 12.1% in the EU, compared with the previous quarter, according to a preliminary flash estimate published by Eurostat, the statistical office of the European Union. The Euro Area is an economic and monetary union of 19 European countries that adopted the euro as their currency. 25 days ago. Or are you a student wanting to understand more about statistics? 12/11/2020. This is a list of European regions (NUTS2 regions) sorted by their gross domestic product (GDP). The HICP for the euro area as a whole is calculated as an average of the national HICPs for the euro area countries, weighted by the countries’ relative household consumption expenditure shares in the euro area total. The European Central Bank (ECB) is the central bank of the 19 European Union countries which have adopted the euro. European union flag against parliament in Brussels, Belgium. GDP and employment flash estimates for the third quarter of 2020: GDP up by 12.6% and employment up by 0.9% in the euro area. GDP and employment flash estimates for the third quarter of 2020: GDP up by 12.6% and employment up by 0.9% in the euro area See on Internet Archive Eurostat News Releases 22 days ago Eurostat … "�T���h�����K��!ކ���{��_`�?�� Graph and download economic data for Gross Domestic Product (Euro/ECU series) for Euro Area (19 Countries) (EUNNGDP) from Q1 1995 to Q3 2020 about Euro Area, Europe, and GDP. endobj Official data published by Eurostat on Tuesday showed employment and economic activity both grew at the fastest rate since 1995 when data began to be compiled. GDP Deflator in the Euro Area averaged 89.63 points from 1995 until 2020, reaching an all time high of 107.56 points in the second quarter of 2020 and a record low of 72.21 points in the first quarter of 1995. Key real economy characteristics of the euro area and other major economic areas in 2019 ; Sources: For the euro area: ECB, Eurostat, national data and ECB calculations; for the United States, Japan and China: BIS, IMF, OECD, Reuters, World Bank and national sources. in volumes) in the euro area , according to the standardised European System of national and regional Accounts 2010 definition, as published by Eurostat. Euro Area: Lockdowns plunge Eurozone economy to series low in Q1. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. ��^}�R�3LJ GDP surged a seasonally-adjusted 12.6% from the previous quarter (previously reported: +12.7% qoq s.a.), contrasting Q2’s record 11.8% plunge. Amounts sent to non-EU countries by EU residents up at €33.2 billion in 2019. Explore the diversity of EU regions in the new interactive publication "Regions in Europe - Statistics visualised". The weights are updated annually and … 12/11/2020. Source: Eurostat . In September 2020, prices increased by 0.4% in the euro area and by 0.3% in the EU. In this case the statistics of Eurostat's Urban Audit for Larger Urban Zones have been used. The source can be consulted by clicking on the data label, or on the link to the metadata in the "More info" column. and Eurostat. Government Debt to GDP In the Euro Area decreased to 77.60 percent in 2019 from 79.50 percent in 2018. Selected Indicators for the Euro Area (annual percentage changes unless otherwise stated) Euro Area : Reference Period : Inflation rate (HICP)-0.3: 2020Nov: Monetary aggregate M3: 10.5: 2020Oct: GDP in prices of the previous year (economic growth)-4.3: 2020Q3: Unit labour costs: 2.9: 2020Q3: Population (in millions) 342: 2019 GDP Constant Prices In the Euro Area increased to 2722.30 EUR Billion in the third quarter of 2020 from 2416.14 EUR Billion in the second quarter of 2020. source: EUROSTAT 3Y 10Y 25Y Year-on-year, the GDP shrank by 4.4 percent, easing from a record contraction of 14.8 percent in the second quarter. GDP Deflator In the Euro Area increased to 107.56 points in the second quarter of 2020 from 106.56 points in the first quarter of 2020. 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