Euro Area | Economic Forecasts | 2014-2050 Outlook


Markets Actual Q4/14 Q1/15 2020 2030 2050
Currency 1.25 1.23 1.22 1.23 1.26 1.33 [+]
Government Bond 10y 0.18 0.3 0.21 1.5 2.5 1.38 [+]
Stock Market 3226.08 3122 3083 2663 2414 2342 [+]
GDP Actual Q4/14 Q1/15 2020 2030 2050
GDP 12749.93 12792 13123 13256 13257 13257 [+]
GDP Growth Rate 0.20 0.2 0.3 0.4 0.3 0.3 [+]
GDP Annual Growth Rate 0.80 0.5 1.31 1.28 0.74 1.3 [+]
GDP Constant Prices 2410.24 2553 2546 2667 2667 2667 [+]
GDP per capita 31806.76 31790 31617 31443 31436 31436 [+]
Gross Fixed Capital Formation 471.22 550 590 666 666 666 [+]
GDP per capita PPP 35830.41 35810 35627 35508 35507 35507 [+]
Labour Actual Q4/14 Q1/15 2020 2030 2050
Unemployment Rate 11.50 11.3 11.24 11.29 11.71 11.51 [+]
Employed Persons 146.47 147 147 149 149 149 [+]
Unemployed Persons 18347.00 18257 18195 17941 17939 17939 [+]
Long Term Unemployment Rate 6.10 6.28 6.44 6.3 6.28 6.28 [+]
Youth Unemployment Rate 23.30 23.01 22.9 23.02 23.13 23.13 [+]
Productivity 107.80 108 108 108 108 109 [+]
Wages 1681.00 1687 1688 1699 1699 1700 [+]
Labour Costs 115.10 115 115 116 115 114 [+]
Population 332.88 335 335 338 340 341 [+]
Retirement Age Men 64.32 64 64 64 64 64 [+]
Retirement Age Women 63.59 64 64 63 63 63 [+]
Prices Actual Q4/14 Q1/15 2020 2030 2050
Inflation Rate 0.40 0.21 0.1 0.12 0.37 0.19 [+]
Inflation Rate Mom 0.00 0.15 0.46 0.15 0.15 0.15 [+]
Consumer Price Index CPI 118.12 118 118 119 119 119 [+]
Core Inflation Rate 0.70 0.79 0.74 0.8 0.8 0.8 [+]
Core Consumer Prices 113.57 114 114 120 127 137 [+]
GDP Deflator 113.30 114 114 119 121 121 [+]
Producer Prices 106.93 107 107 107 107 107 [+]
Producer Prices Change -1.40 -1.39 -1.42 0.12 0.37 0.62 [+]
Import Prices 102.40 103 103 103 103 103 [+]
Food Inflation 0.10 -1.82 -2.23 -1.29 -1.07 -1.08 [+]
Money Actual Q4/14 Q1/15 2020 2030 2050
Interest Rate 0.05 0.05 0.05 0.65 1.6 0 [+]
Interbank Rate 0.08 0.2 0.12 0.86 1.94 4.12 [+]
Money Supply M1 5693668.00 5782689 5861678 7474201 10056416 14492131 [+]
Money Supply M2 9496611.00 9593499 9702170 11381643 12489543 12878510 [+]
Money Supply M3 10107719.00 10214589 10396111 11771374 12274205 12340733 [+]
Central Bank Balance Sheet 2028156.00 2014680 1990461 1975295 1975295 1975295 [+]
Foreign Exchange Reserves 330113.00 334540 332471 332820 332793 332793 [+]
Loans to Private Sector 10430510.00 10406124 10380289 10042901 9926027 9911848 [+]
Trade Actual Q4/14 Q1/15 2020 2030 2050
Balance of Trade 18486.50 16749 18969 16309 16449 16464 [+]
Exports 171907.00 158502 170639 157765 158014 158018 [+]
Imports 153420.00 141753 151669 141456 141565 141554 [+]
Current Account 31.00 32.87 27.7 33.23 33.23 33.23 [+]
Current Account to GDP 2.40 2.47 3 3.18 3.18 3.18 [+]
External Debt 11655490.00 11460937 11350469 11247494 11246230 11246231 [+]
Capital Flows 27.86 -0.4 12.95 0.44 0.43 0.43 [+]
Gold Reserves 503.19 503 503 503 503 503 [+]
Government Actual Q4/14 Q1/15 2020 2030 2050
Government Budget -2.90 -2.85 -2.38 -2.12 -2.12 -2.12 [+]
Government Debt to GDP 90.90 95.4 92.67 94.76 94.92 94.92 [+]
Government Spending 405.78 406 413 409 410 410 [+]
Government Spending to GDP 49.40 49.39 49.32 49.28 49.28 49.28 [+]
Credit Rating 13.59 [+]
Business Actual Q4/14 Q1/15 2020 2030 2050
Business Confidence 0.18 0.14 0.1 0.12 0.11 0.11 [+]
Manufacturing PMI 50.40 50.12 50.29 50.38 50.38 50.38 [+]
Services PMI 51.30 52.57 52.46 52.48 52.55 51.91 [+]
Industrial Production 0.60 0.4 0.25 0.24 0.37 0.36 [+]
Industrial Production Mom 0.60 -0.31 -0.33 0.22 0.47 0.72 [+]
Manufacturing Production 1.20 1.2 0.96 0.9 1.04 1.03 [+]
Capacity Utilization 80.00 80.41 80.38 79.98 80.01 79.99 [+]
Changes In Inventories -1.30 0.54 0.74 0.63 0.51 0.6 [+]
Zew Economic Sentiment Index 11.00 7.86 9.55 11.76 13.67 13.93 [+]
Sentix Investors Sentiment -11.87 -8.08 -10.54 -9.62 -9.2 -9.2 [+]
Car Registrations 756.00 771 761 770 770 770 [+]
Composite Pmi 51.40 51.29 50.78 49.5 49.5 49.5 [+]
Consumer Actual Q4/14 Q1/15 2020 2030 2050
Consumer Confidence -11.60 -10.22 -9.78 -10.3 -11.23 -10.99 [+]
Retail Sales MoM -1.30 -0.16 -0.18 0.23 0.48 0.73 [+]
Retail Sales YoY 0.60 1.46 1.61 1.33 1.33 1.33 [+]
Consumer Spending 1400.92 1398 1393 1392 1392 1392 [+]
Disposable Personal Income 1596070.00 1610092 1620259 1690999 1713826 1716290 [+]
Personal Savings 12.90 12.94 12.97 12.94 12.94 12.94 [+]
Bank Lending Rate 3.31 3.4 3.24 4.32 4.39 4.39 [+]
Consumer Credit 568220.00 566161 564904 554456 553707 553700 [+]
Private Sector Credit 12562897.00 12524293 12382099 89000322 257091881 368624278 [+]
Housing Actual Q4/14 Q1/15 2020 2030 2050
Housing Index 96.96 96.86 96.4 96.72 96.76 96.76 [+]
Construction Output -1.70 2.96 1.85 2.62 2.62 2.62 [+]
Taxes Actual Q4/14 Q1/15 2020 2030 2050
Corporate Tax Rate 25.90 25.88 25.71 25.33 25.25 25.25 [+]
Personal Income Tax Rate 44.50 47 47.12 51.35 54.09 55.02 [+]
Sales Tax Rate 20.67 21 21 21 21 21 [+]





This page includes economic forecasts for Euro Area. 11/28/2014