Euro Area | Economic Forecasts | 2014-2050 Outlook


Markets Actual Q4/14 Q1/15 2020 2030 2050
Currency 1.22 1.23 1.22 1.23 1.26 1.33 [+]
Government Bond 10y 0.16 0.3 0.21 1.5 2.5 1.38 [+]
Stock Market 3141.28 3122 3083 2663 2414 2342 [+]
GDP Actual Q4/14 Q1/15 2020 2030 2050
GDP 12749.93 13081 13123 13256 13257 13257 [+]
GDP Growth Rate 0.20 0.2 0.03 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 31645 31617 31443 31436 31436 [+]
Gross Fixed Capital Formation 472.48 521 519 563 563 563 [+]
GDP per capita PPP 35830.41 35653 35627 35508 35507 35507 [+]
Labour Actual Q4/14 Q1/15 2020 2030 2050
Unemployment Rate 11.50 11.33 11.27 11.31 11.4 11.4 [+]
Employed Persons 148.18 149 150 156 157 157 [+]
Unemployed Persons 18395.00 18423 18446 18533 18533 18533 [+]
Long Term Unemployment Rate 6.10 6.28 6.44 6.23 6.21 6.21 [+]
Youth Unemployment Rate 23.50 23.17 23.09 23.2 23.28 23.27 [+]
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 Q4/14 Q1/15 2020 2030 2050
Inflation Rate 0.30 0.24 0.14 0.19 0.2 0.59 [+]
Inflation Rate Mom -0.20 0.12 0.42 0.12 0.12 0.12 [+]
Consumer Price Index CPI 117.91 118 118 119 119 119 [+]
Core Inflation Rate 0.70 0.77 0.72 0.77 0.77 0.77 [+]
Core Consumer Prices 113.48 114 114 119 126 134 [+]
GDP Deflator 104.70 102 99.48 87.96 88.01 88.01 [+]
Producer Prices 106.56 106 106 106 106 106 [+]
Producer Prices Change -1.30 -1.32 -1.34 0.12 0.37 0.63 [+]
Import Prices 102.40 103 103 103 103 103 [+]
Food Inflation 0.00 -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 2.25 [+]
Interbank Rate 0.08 0.15 0.04 0.89 1.97 4.13 [+]
Money Supply M1 5746629.00 5807422 5895593 7573839 10263734 14904990 [+]
Money Supply M2 9503797.00 9571742 9670115 11150785 12118156 12451512 [+]
Money Supply M3 10134014.00 10212019 10322970 11747122 12287210 12362992 [+]
Central Bank Balance Sheet 2038091.00 2011892 2037401 1970316 1970316 1970316 [+]
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 24000.00 18737 21649 18814 19094 19112 [+]
Exports 179600.00 161853 174954 161642 162124 162129 [+]
Imports 155600.00 143116 153305 142829 143030 143017 [+]
Current Account 30.60 35.21 30.21 30.24 36.27 34.36 [+]
Current Account to GDP 2.40 2.94 3 3.18 3.18 3.18 [+]
External Debt 11664698.00 11468216 11354954 12113411 11621449 11574676 [+]
Capital Flows 27.83 -0.42 12.93 0.42 0.42 0.42 [+]
Gold Reserves 503.19 503 503 503 503 503 [+]
Government Actual Q4/14 Q1/15 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 405.78 406 413 409 410 410 [+]
Government Spending to GDP 49.40 49.33 49.32 49.28 49.28 49.28 [+]
Credit Rating 13.59 [+]
Business Actual Q4/14 Q1/15 2020 2030 2050
Business Confidence 0.18 0.14 0.1 0.12 0.11 0.11 [+]
Manufacturing PMI 50.80 50.8 51.77 49.8 49.8 49.8 [+]
Services PMI 51.90 51.9 52.07 52.44 52.45 51.88 [+]
Industrial Production 0.70 0.14 -0.06 0.01 0.16 0.16 [+]
Industrial Production Mom 0.10 -0.21 -0.22 0.23 0.48 0.73 [+]
Manufacturing Production 1.20 1.2 0.96 0.9 1.04 1.03 [+]
Capacity Utilization 80.00 80.41 80.34 79.98 80.01 79.99 [+]
Changes In Inventories -10.08 -9.77 -10.36 -2.24 -9.47 -3.15 [+]
Zew Economic Sentiment Index 10.00 7.86 5.95 11.76 13.67 13.93 [+]
Sentix Investors Sentiment -2.50 -8.08 -10.7 -10.75 -10.44 -10.44 [+]
Car Registrations 756.00 771 761 770 770 770 [+]
Composite Pmi 51.70 51.7 51.48 49.43 49.43 49.43 [+]
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 0.40 -0.16 -0.01 0.25 0.5 0.75 [+]
Retail Sales YoY 1.40 1.27 1.42 1.21 1.21 1.21 [+]
Consumer Spending 1417.10 1426 1423 1423 1423 1423 [+]
Disposable Personal Income 1596070.00 1610092 1616650 1690013 1713729 1716289 [+]
Personal Savings 12.90 12.94 12.97 12.94 12.94 12.94 [+]
Bank Lending Rate 3.29 3.4 3.24 4.32 4.39 4.39 [+]
Consumer Credit 569251.00 567244 566187 558579 558055 558051 [+]
Private Sector Credit 12522548.00 12524293 12382099 89000322 257091881 368624278 [+]
Housing Actual Q4/14 Q1/15 2020 2030 2050
Housing Index 96.56 96.51 96.03 96.62 96.63 96.63 [+]
Construction Output 1.40 2.23 0.84 1.61 1.61 1.61 [+]
Taxes Actual Q4/14 Q1/15 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 [+]





This page includes economic forecasts for Euro Area. 12/21/2014