Euro Area | Economic Forecasts | 2015-2050 Outlook

Markets Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Currency 1.12 1.1 1.05 1.02 1 1.25 [+]
Stock Market 3286.59 3290 3190 3090 3020 3690 Index points [+]
Government Bond 10y 0.01 0.5 0.6 0.03 0.03 1.5 percent [+]
GDP Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
GDP 13402.70 13428 13457 13461 13479 14556 USD Billion [+]
GDP Growth Rate 0.30 0.5 0.3 0.2 0.3 0.9 percent [+]
GDP Annual Growth Rate 1.20 1.26 1.29 1.19 1.14 2.1 percent [+]
GDP Constant Prices 2442.69 2449 2454 2457 2460 2467 EUR Billion [+]
GDP per capita 32789.48 32812 32843 32913 33008 33843 USD [+]
Gross Fixed Capital Formation 480.96 484 486 490 495 514 EUR Billion [+]
GDP per capita PPP 36924.57 37105 37108 37111 37114 37808 USD [+]
Labour Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Unemployment Rate 11.10 11.1 11.1 11 11 9.5 percent [+]
Employed Persons 150.29 151 152 154 155 160 Million [+]
Unemployed Persons 17629.00 17536 17519 17489 17420 15924 Thousand [+]
Long Term Unemployment Rate 5.90 5.8 5.7 5.6 5.5 5.1 percent [+]
Youth Unemployment Rate 22.50 22.3 22.1 21.8 21.5 21.13 percent [+]
Productivity 102.20 103 103 103 104 105 Index Points [+]
Wages 1681.00 1696 1690 1704 1716 1959 EUR/Month [+]
Labour Costs 105.82 106 106 107 107 110 Index Points [+]
Population 338.34 339 339 339 340 341 Million [+]
Employment Change 0.10 0.08 0.08 0.09 0.1 0.13 percent [+]
Retirement Age Men 64.63 64.63 64.63 64.63 64.63 66 [+]
Retirement Age Women 63.94 63.94 63.94 63.94 63.94 66 [+]
Wage Growth 2.20 2.09 1 1.14 1.1 1.46 percent [+]
Prices Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Inflation Rate 0.20 0.2 0.3 0.4 0.5 1.62 percent [+]
Inflation Rate Mom -0.60 0.3 0.2 0.16 0.17 0.12 percent [+]
Consumer Price Index CPI 117.89 119 119 119 120 129 Index Points [+]
Core Inflation Rate 1.00 0.99 0.9 1.15 1.19 1.2 percent [+]
Core Consumer Prices 113.65 115 116 116 117 124 Index Points [+]
GDP Deflator 105.30 106 106 106 106 111 Index Points [+]
Producer Prices 104.81 105 106 106 107 111 Index Points [+]
Producer Prices Change -2.20 -1.9 -1.1 -0.6 -0.1 1.24 percent [+]
Import Prices 103.70 105 105 106 107 112 Index Points [+]
Food Inflation 0.50 0.4 0.6 0.1 0.8 1.29 percent [+]
Money Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Interest Rate 0.05 0.05 0.05 0.05 0.05 1.5 percent [+]
Interbank Rate -0.02 -0.02 0.02 0.2 0.4 1 percent [+]
Money Supply M1 6398685.00 6513232 6683318 6851348 7017344 9684332 EUR Million [+]
Money Supply M2 10031537.00 10040725 10111826 10287778 10541625 12763152 EUR Million [+]
Money Supply M3 10683882.00 10591701 10928001 11068954 11205911 13545930 EUR Million [+]
Central Bank Balance Sheet 2549254.00 2582156 2632239 2659450 2674125 2940928 EUR Million [+]
Foreign Exchange Reserves 320222.00 319257 317837 316451 315097 355237 USD Million [+]
Loans to Private Sector 10608647.00 10676878 10688325 10698325 10709137 11543012 EUR Million [+]
Loan Growth 0.90 0.2 0.5 0.7 0.9 4 percent [+]
Trade Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Balance of Trade 26368.70 16994 18412 16867 15852 21860 EUR Million [+]
Exports 182720.00 173851 174021 173767 173320 191608 EUR Million [+]
Imports 156352.00 7497492 7384277 7349059 7350761 170104 EUR Million [+]
Current Account 31.10 14.04 21.81 23.94 23.86 5.1 EUR Billion [+]
Current Account to GDP 2.10 1.41 1.42 1.16 1.89 0.74 percent [+]
External Debt 12632781.36 12063610 12136656 12993628 13094628 14621563 EUR Million [+]
Capital Flows 72.60 27.5 31.01 36.18 25.79 10.2 EUR Billion [+]
Gold Reserves 504.77 505 505 505 505 555 Tonnes [+]
Government Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Government Budget -2.40 -2.4 -2.4 -2.1 -2.1 -3.12 percent of GDP [+]
Government Debt to GDP 91.90 92 92 93 93 89.76 percent [+]
Government Spending 516.28 518 519 522 524 545 EUR Billion [+]
Government Spending to GDP 49.00 49 49 49 49 48.4 percent [+]
Credit Rating 13.59 [+]
Business Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Business Confidence 0.21 0.31 0.15 0.05 -0.02 1.16 [+]
Manufacturing PMI 52.40 52.25 52.18 52.15 52.15 49.73 [+]
Services PMI 54.30 55.15 54.66 53.28 53.51 50.96 Index Points [+]
Industrial Production 1.20 0.3 0.23 0.93 0.44 1.1 percent [+]
Industrial Production Mom -0.40 0.1 0.3 0.1 0.2 0.2 percent [+]
Manufacturing Production 1.40 1.06 0.86 1.65 1.64 1.49 percent [+]
Capacity Utilization 81.10 81.1 81.1 81.09 80.92 81.03 percent [+]
Changes In Inventories -5.80 -0.3 1.23 4.21 5.02 -6.98 EUR Billion [+]
Zew Economic Sentiment Index 47.60 49.74 34.03 14.03 29.18 25.61 [+]
Car Registrations 795.00 801 807 813 818 885 Thousand [+]
Composite Pmi 54.10 54.6 53.9 53.13 52.71 50.67 Index Points [+]
Mining Production -13.80 -7.31 -3.32 -2.39 -1.86 -0.72 percent [+]
Consumer Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Consumer Confidence -6.90 -5.8 -6.3 -7.2 -11 -8.79 [+]
Retail Sales MoM -0.60 0.08 0.3 0.11 0.11 0.14 percent [+]
Retail Sales YoY 1.20 1.17 2.17 1.87 1.83 1.57 percent [+]
Consumer Spending 1349.78 1353 1358 1362 1366 1397 EUR Billion [+]
Disposable Personal Income 1626204.00 1638404 1641123 1653765 1666054 1711701 EUR Million [+]
Personal Savings 12.78 13.13 12.1 12.66 12.65 13.61 percent [+]
Bank Lending Rate 2.77 2.95 2.9 2.49 2.47 3.5 percent [+]
Consumer Credit 580229.20 570565 572961 574195 578833 636232 EUR Million [+]
Private Sector Credit 12720808.30 12729709 12792512 12802512 12892512 16000322 EUR Million [+]
Housing Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Housing Index 97.15 97.75 97.8 98.3 98.74 103 Index Points [+]
Construction Output -2.30 2.51 -1.56 -2.4 -0.99 -0.96 percent [+]
Home Ownership Rate 66.60 66.6 66.6 66.6 66.6 68.03 percent [+]
Taxes Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Corporate Tax Rate 25.90 25.9 25.9 25.9 25.9 30.22 percent [+]
Personal Income Tax Rate 44.50 44.5 44.5 44.5 44.5 44.42 percent [+]
Sales Tax Rate 20.67 20.67 20.67 20.67 20.67 17.65 percent [+]



Economic Forecasts for Euro Area including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Euro Area economy. 8/30/2015