Euro Area | Economic Forecasts | 2014-2050 Outlook


Markets Actual Q1/15 Q2/15 2020 2030 2050
Currency 1.14 1.12 1.09 1.1 1.17 1.32 [+]
Government Bond 10y 0.03 0.1 0.4 1.5 2.5 0.1 [+]
Stock Market 3372.57 3197 3180 2723 2432 2346 [+]
GDP Actual Q1/15 Q2/15 2020 2030 2050
GDP 12749.93 13081 13123 13256 13257 13257 [+]
GDP Growth Rate 0.20 0.2 0.3 0.4 0.3 0.11 [+]
GDP Annual Growth Rate 0.80 0.5 1.31 1.28 0.74 1.3 [+]
GDP Constant Prices 2409.75 2552 2545 2666 2666 2666 [+]
GDP per capita 31806.76 31617 31593 31443 31436 31436 [+]
Gross Fixed Capital Formation 471.95 518 542 562 562 562 [+]
GDP per capita PPP 35830.41 35653 35627 35508 35507 35507 [+]
Labour Actual Q1/15 Q2/15 2020 2030 2050
Unemployment Rate 11.50 11.32 11.26 11.37 11.44 11.44 [+]
Employed Persons 148.18 150 150 156 157 157 [+]
Unemployed Persons 18394.00 18382 18382 18372 18372 18372 [+]
Long Term Unemployment Rate 6.10 6.28 6.44 6.23 6.21 6.21 [+]
Youth Unemployment Rate 23.70 23.35 23.35 23.52 23.54 23.53 [+]
Productivity 107.80 108 108 108 108 109 [+]
Wages 1681.00 1687 1688 1699 1699 1700 [+]
Labour Costs 115.10 115 115 115 115 114 [+]
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 Q1/15 Q2/15 2020 2030 2050
Inflation Rate -0.20 -0.05 -0.13 0.04 0.06 0.06 [+]
Inflation Rate Mom -0.10 0.35 -0.1 0.04 0.04 0.04 [+]
Consumer Price Index CPI 117.79 118 118 118 118 118 [+]
Core Inflation Rate 0.80 0.73 0.7 0.76 0.75 0.75 [+]
Core Consumer Prices 113.89 114 114 119 126 136 [+]
GDP Deflator 104.70 102 99.48 87.96 88.01 88.01 [+]
Producer Prices 106.20 106 105 105 105 105 [+]
Producer Prices Change -1.60 -1.47 -1.5 0.1 0.37 0.61 [+]
Import Prices 102.40 102 102 102 102 102 [+]
Food Inflation -0.60 -1.82 -2.23 -1.29 -1.07 -1.08 [+]
Money Actual Q1/15 Q2/15 2020 2030 2050
Interest Rate 0.05 0.05 0.05 0.65 1.6 2.25 [+]
Interbank Rate 0.08 0.06 0.05 0.77 1.89 4.19 [+]
Money Supply M1 5814239.00 5944808 6032097 7728244 10583285 15531941 [+]
Money Supply M2 9571981.00 9717748 9825832 11520343 12707797 13123496 [+]
Money Supply M3 10206940.00 10377791 10502915 12066567 12667977 12744179 [+]
Central Bank Balance Sheet 2158222.00 2206533 2237512 2265205 2265245 2265245 [+]
Foreign Exchange Reserves 329322.00 328700 326411 329978 330028 330027 [+]
Loans to Private Sector 10431007.00 10415830 10406691 10288443 10245379 10240399 [+]
Trade Actual Q1/15 Q2/15 2020 2030 2050
Balance of Trade 19954.00 22356 23901 19415 19678 19624 [+]
Exports 162562.30 172454 169960 160044 160384 160387 [+]
Imports 142608.40 150098 146059 140629 140705 140763 [+]
Current Account 24.65 29.71 33.42 35.89 35.9 35.9 [+]
Current Account to GDP 2.40 2.94 3 3.18 3.18 3.18 [+]
External Debt 11959040.00 11774789 11900717 11962315 11966797 11966794 [+]
Capital Flows 78.87 66.36 70.83 78.08 78.05 78.05 [+]
Gold Reserves 503.19 503 503 503 503 503 [+]
Government Actual Q1/15 Q2/15 2020 2030 2050
Government Budget -2.90 -2.45 -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 405.78 413 403 409 410 410 [+]
Government Spending to GDP 49.40 49.33 49.32 49.28 49.28 49.28 [+]
Credit Rating 13.59 [+]
Business Actual Q1/15 Q2/15 2020 2030 2050
Business Confidence 0.04 0.03 0.1 0.06 0.05 0.06 [+]
Manufacturing PMI 51.00 51.55 51.92 51.75 51.75 51.75 [+]
Services PMI 52.30 51.91 52.11 52.2 51.89 51.74 [+]
Industrial Production -0.40 -0.41 -0.56 0.23 0.16 0.75 [+]
Industrial Production Mom 0.10 -0.02 0.02 0.25 0.5 0.75 [+]
Manufacturing Production 0.30 0.76 0.44 0.52 0.7 0.69 [+]
Capacity Utilization 80.00 80.41 80.34 79.98 80.01 79.99 [+]
Changes In Inventories -10.73 -11.19 -9.29 -7.86 -8.15 -8.16 [+]
Zew Economic Sentiment Index 45.20 23.07 15.27 18.24 20.25 20.47 [+]
Sentix Investors Sentiment 0.88 -9.58 -14.61 -10.24 -9.76 -9.76 [+]
Car Registrations 776.00 761 761 772 772 772 [+]
Composite Pmi 52.20 52.05 51.71 49.82 49.81 49.81 [+]
Consumer Actual Q1/15 Q2/15 2020 2030 2050
Consumer Confidence -8.50 -9.9 -8.48 -10.56 -10.4 -11.57 [+]
Retail Sales MoM 0.50 0.22 0.26 0.23 0.23 0.23 [+]
Retail Sales YoY 1.60 1.38 1.57 1.21 1.21 1.21 [+]
Consumer Spending 1416.14 1422 1423 1422 1422 1422 [+]
Disposable Personal Income 1596070.00 1610092 1616650 1690013 1713729 1716289 [+]
Personal Savings 13.12 13.16 13.19 13.09 13.09 13.09 [+]
Bank Lending Rate 3.20 3.4 3.24 4.32 4.39 4.39 [+]
Consumer Credit 566188.00 564998 563863 554942 554216 554209 [+]
Private Sector Credit 12545751.00 12524293 12382099 89000322 257091881 368624278 [+]
Housing Actual Q1/15 Q2/15 2020 2030 2050
Housing Index 97.66 97.25 97.31 97.71 97.81 97.81 [+]
Construction Output 2.20 0.52 -0.22 1.44 1.44 1.44 [+]
Taxes Actual Q1/15 Q2/15 2020 2030 2050
Corporate Tax Rate 25.90 25.75 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 [+]