Euro Area | Economic Forecasts | 2014-2050 Outlook


Markets Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
Currency 1.26 1.26 1.25 1.25 1.25 1.26 1.28 1.33 [+]
Government Bond 10y 0.26 0.3 0.23 0.4 0.5 1.5 2.5 0.27 [+]
Stock Market 3008.53 2999 2944 2908 2904 2884 3211 3327 [+]
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 0.06 0.07 0.15 0.16 0.12 0.06 0.06 [+]
GDP Annual Growth Rate 0.80 0.5 1.49 1.25 0.97 1.26 0.94 0.98 [+]
GDP Constant Prices 2145.50 2155 2157 2159 2127 2289 2351 2492 [+]
GDP per capita 31806.76 31687 31660 31639 31621 31910 32015 32330 [+]
Gross Fixed Capital Formation 383.31 383 382 382 382 382 382 382 [+]
GDP per capita PPP 35830.41 35685 35653 35627 35605 35929 36041 36395 [+]
Labour Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
Unemployment Rate 11.50 11.65 11.3 11.2 11.2 11.2 11.3 11.7 [+]
Employed Persons 146.47 147 147 147 147 149 151 152 [+]
Unemployed Persons 18326.00 18504 18825 18864 18871 18872 18872 18872 [+]
Long Term Unemployment Rate 6.10 6.25 6.35 6.41 6.36 6.38 6.28 6.25 [+]
Youth Unemployment Rate 23.30 23.1 22.95 22.82 22.72 22.64 22.94 23.05 [+]
Productivity 107.80 102 102 103 103 103 104 105 [+]
Wages 1681.00 1678 1680 1677 1672 1673 1656 1661 [+]
Labour Costs 115.10 115 116 116 115 118 119 121 [+]
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 0.30 0.4 0.13 0.06 0.15 0.5 0.25 0.12 [+]
Inflation Rate Mom 0.40 0.17 0.48 0.03 0.19 0.17 0.17 0.17 [+]
Consumer Price Index CPI 118.19 118 118 119 118 119 121 108 [+]
Core Inflation Rate 0.80 0.8 0.81 0.78 0.78 0.82 0.84 0.84 [+]
Core Consumer Prices 113.56 114 114 114 115 122 131 143 [+]
GDP Deflator 113.20 114 114 114 114 115 115 108 [+]
Producer Prices 106.79 107 107 106 106 107 108 109 [+]
Producer Prices Change -1.40 -1.33 -1.35 -1.31 -1.21 0.15 0.4 0.64 [+]
Import Prices 101.90 102 102 102 102 103 104 105 [+]
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 0.15 0.65 1.6 1.6 [+]
Interbank Rate 0.20 0.55 0.59 0.38 0.34 0.7 1.45 2.96 [+]
Money Supply M1 5545218.00 5603730 5664735 5725922 5786999 5967716 7182653 9393451 [+]
Money Supply M2 9353619.00 9408636 9466917 9522384 9576326 9775839 10554589 11218382 [+]
Money Supply M3 9954844.00 9984835 10023042 10058877 10093732 10260222 10705249 11007716 [+]
Central Bank Balance Sheet 2025258.00 2029774 2006561 1984234 1975923 1967449 1963738 1963738 [+]
Foreign Exchange Reserves 340247.00 349252 348268 344341 327896 338070 348334 335777 [+]
Loans to Private Sector 10435354.00 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 15575 17457 17962 14958 15475 15716 14835 [+]
Exports 140500.00 154566 165957 162492 161016 156014 156799 158344 [+]
Imports 131300.00 138991 148500 144530 146058 140540 141083 143509 [+]
Current Account 15.10 28 21.98 24.43 20.51 27.99 27.99 27.99 [+]
Current Account to GDP 2.40 2.7 2.77 2.83 2.87 2.94 3.02 3.02 [+]
External Debt 11825983.00 11533139 11438998 11437477 11433858 11350955 11454315 11456312 [+]
Capital Flows -15.14 -32.13 -21.8 -30.19 -29.69 -31.4 -31.53 -31.53 [+]
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 95.4 94.83 94.83 95.32 97.27 97.58 [+]
Government Spending 400.51 408 414 410 409 421 427 432 [+]
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 0.07 0.37 0.42 0.41 0.36 0.19 0.3 0.23 [+]
Manufacturing PMI 50.30 51.1 50.19 50.42 50.62 50.58 50.58 50.58 [+]
Services PMI 52.40 54.29 53.77 53.88 54.08 53.08 53.19 53.94 [+]
Industrial Production -1.90 0.03 -0.15 -0.3 -0.36 0.23 0.49 0.03 [+]
Industrial Production Mom -1.80 -0.75 -0.74 -0.64 -0.52 0.2 0.44 0.69 [+]
Manufacturing Production -1.50 0.92 0.73 0.39 0.32 0.63 0.75 0.73 [+]
Capacity Utilization 79.80 80.53 80.56 80.44 78.83 79.89 80.02 79.93 [+]
Changes In Inventories 6.49 3.03 2.49 3.06 2.67 1.69 2.1 2.11 [+]
Zew Economic Sentiment Index 4.10 10.28 13.43 7.68 4.71 11.03 14.97 15.9 [+]
Sentix Investors Sentiment -13.70 3.81 -3.84 -4.84 -8.19 -7.93 -5.51 -5.43 [+]
Car Registrations 738.00 764 745 737 737 791 829 867 [+]
Composite Pmi 52.00 [+]
Consumer Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
Consumer Confidence -11.40 -8.15 -8.15 -6.5 -3.82 -4 2.76 2.88 [+]
Retail Sales MoM 1.20 0.26 0.41 0.42 0.45 0.42 0.42 0.42 [+]
Retail Sales YoY 1.90 1.81 1.99 2.23 2.41 2.05 1.89 1.89 [+]
Consumer Spending 1387.04 1379 1379 1379 1403 1407 1421 1449 [+]
Disposable Personal Income 1581678.00 1593696 1597493 1601154 1604588 1627056 1672347 1705801 [+]
Personal Savings 12.98 12.96 12.98 12.98 12.98 12.96 9.52 6.89 [+]
Housing Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
Housing Index 96.27 96.48 96.18 95.97 96.22 96.22 96.47 96.55 [+]
Construction Output -0.30 4.36 3.42 2.68 2.57 3.95 3.95 3.95 [+]
Taxes Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
Corporate Tax Rate 25.90 27 27 27 27 27 28 28 [+]
Personal Income Tax Rate 44.50 47 47 47 47 48 51 54 [+]





This page includes economic forecasts for Euro Area. 10/23/2014