Euro Area | Economic Forecasts | 2014-2050 Outlook


Markets Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
Currency 1.25 1.26 1.25 1.25 1.25 1.26 1.28 1.33 [+]
Government Bond 10y 0.25 0.3 0.23 0.4 0.5 1.5 2.5 0.29 [+]
Stock Market 3113.32 2964 2953 2969 2987 3375 4114 5591 [+]
GDP Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
GDP 12749.93 13028 13079 13117 13145 13314 13425 13558 [+]
GDP Growth Rate 0.10 0.19 0.16 0.19 0.12 -1.02 -0.88 0.19 [+]
GDP Annual Growth Rate 0.80 0.5 1.64 1.39 1.07 1.37 1.03 1.07 [+]
GDP Constant Prices 2145.50 2153 2155 2156 2156 2179 2190 2212 [+]
GDP per capita 31806.76 31660 31639 31621 31606 31858 32014 32330 [+]
Gross Fixed Capital Formation 383.31 382 382 382 382 382 382 382 [+]
GDP per capita PPP 35830.41 35653 35627 35605 35587 35863 36040 36395 [+]
Labour Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
Unemployment Rate 11.50 11.3 11.2 11.2 11.1 11.3 11.7 11.4 [+]
Employed Persons 146.47 147 147 147 148 150 151 152 [+]
Unemployed Persons 18347.00 18133 18031 17941 17873 17609 17607 17607 [+]
Long Term Unemployment Rate 6.10 6.39 6.46 6.41 6.37 6.3 6.28 6.28 [+]
Youth Unemployment Rate 23.30 22.95 22.82 22.72 22.61 22.94 23.05 23.05 [+]
Productivity 107.80 108 108 109 109 109 110 111 [+]
Wages 1681.00 1687 1688 1689 1691 1698 1699 1699 [+]
Labour Costs 115.10 115 116 116 116 117 117 117 [+]
Population 332.88 335 335 335 335 335 338 339 [+]
Prices Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
Inflation Rate 0.40 0.16 0.09 0.17 0.29 0.2 0.34 0.28 [+]
Inflation Rate Mom 0.40 0.17 0.48 0.03 0.19 0.17 0.17 0.17 [+]
Consumer Price Index CPI 118.19 118 118 118 118 119 120 121 [+]
Core Inflation Rate 0.70 0.81 0.78 0.78 0.79 0.84 0.84 0.84 [+]
Core Consumer Prices 113.56 114 114 114 115 122 131 143 [+]
GDP Deflator 113.30 114 114 114 115 115 108 108 [+]
Producer Prices 106.79 107 106 106 106 107 108 109 [+]
Producer Prices Change -1.40 -1.43 -1.41 -1.32 -1.19 0.13 0.38 0.63 [+]
Import Prices 102.20 102 102 102 102 103 104 105 [+]
Food Inflation -0.20 -1.82 -2.23 -2.25 -1.85 -1.29 -1.07 -1.08 [+]
Money Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
Interest Rate 0.05 0.05 0.05 0.05 0.05 0.65 1.6 2.25 [+]
Interbank Rate 0.09 0.53 0.56 0.34 0.61 1.14 2.16 4.2 [+]
Money Supply M1 5693668.00 5664735 5725922 5786999 5847914 7147270 9301808 12817954 [+]
Money Supply M2 9496611.00 9466917 9522384 9576326 9628573 10502596 11108934 11397110 [+]
Money Supply M3 10107719.00 10023042 10058877 10093732 10126969 10652514 10900323 11037099 [+]
Central Bank Balance Sheet 2032783.00 1968732 1937865 1926666 1916609 1904029 1904029 1904029 [+]
Foreign Exchange Reserves 329372.00 349252 348268 344341 345618 348334 335777 340275 [+]
Loans to Private Sector 10446219.00 10362650 10310686 10264692 10217538 9664183 9432533 9402949 [+]
Trade Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
Balance of Trade 9200.00 15506 17379 17884 14885 15415 15643 14826 [+]
Exports 140500.00 154566 165957 162492 161016 156014 156799 158344 [+]
Imports 131300.00 139060 148577 144609 146132 140600 141156 143518 [+]
Current Account 15.10 28.56 23.47 27.65 25.24 53.95 92.41 169 [+]
Current Account to GDP 2.40 2.7 2.77 2.83 2.87 2.94 3.02 3.02 [+]
External Debt 11655489.82 11438998 11437477 11433858 11393069 11454315 11456312 11456261 [+]
Capital Flows -14.88 -26.39 -15.96 -24.75 -21.31 -26.36 -26.36 -26.36 [+]
Gold Reserves 503.19 503 503 503 503 503 503 503 [+]
Government Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
Government Budget -2.90 -2.55 -2.48 -2.43 -2.48 -2.35 -2.21 -2.21 [+]
Government Debt to GDP 90.90 95.4 94.44 94.71 94.95 96.97 97.25 97.25 [+]
Government Spending 405.78 414 410 409 412 425 428 432 [+]
Government Spending to GDP 49.40 49.59 49.56 49.54 49.53 49.5 49.45 49.45 [+]
Credit Rating 13.59 [+]
Business Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
Business Confidence 0.05 0.27 0.26 0.23 0.15 0.21 0.17 0.17 [+]
Manufacturing PMI 50.70 51 51.6 51.68 51.58 51.54 51.54 51.54 [+]
Services PMI 52.40 53.11 53.14 53.46 53.21 52.82 53.27 52.06 [+]
Industrial Production -1.90 0.08 -0.12 -0.29 -0.38 0.24 0.07 0.07 [+]
Industrial Production Mom -1.80 -0.72 -0.72 -0.62 -0.5 0.19 0.44 0.69 [+]
Manufacturing Production -1.50 1.15 0.91 0.52 0.44 0.48 1.15 0.89 [+]
Capacity Utilization 80.00 80.53 80.56 80.44 80.19 80.02 79.93 79.87 [+]
Changes In Inventories 5.35 2.49 3.06 2.67 1.7 2.1 2.11 2.1 [+]
Zew Economic Sentiment Index 4.10 10.28 13.43 7.68 4.71 14.97 15.9 15.94 [+]
Sentix Investors Sentiment -13.73 -3.84 -4.84 -8.19 -9.11 -5.51 -5.43 -5.43 [+]
Car Registrations 732.00 764 745 737 721 766 758 764 [+]
Composite Pmi 52.20 [+]
Consumer Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
Consumer Confidence -11.10 -8.15 -6.5 -3.82 -3.9 2.64 2.76 2.88 [+]
Retail Sales MoM 1.20 0.4 0.41 0.44 0.31 0.41 0.41 0.41 [+]
Retail Sales YoY 1.90 1.83 2.02 2.18 2.05 1.66 1.66 1.66 [+]
Consumer Spending 1387.04 1379 1379 1379 1379 1393 1400 1414 [+]
Disposable Personal Income 1596070.00 1597493 1601154 1604588 1607854 1664109 1689159 1707956 [+]
Personal Savings 12.90 12.96 12.98 12.98 12.95 12.96 12.96 12.96 [+]
Housing Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
Housing Index 96.96 96.18 95.97 96.22 96.42 96.47 96.55 96.54 [+]
Construction Output -0.30 4.58 3.65 2.99 2.8 4.16 4.16 4.16 [+]
Taxes Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
Corporate Tax Rate 25.90 26 26 26 26 25 25 25 [+]
Personal Income Tax Rate 44.50 47 47 47 47 48 51 54 [+]





This page includes economic forecasts for Euro Area. 11/1/2014