Euro Area | Economic Forecasts | 2014-2030 Outlook

Markets Last Q3 Q4 Q1 2015 2020 2030
Currency 1.31 1.32 1.3 1.32 1.31 1.33 1.33 [+]
Government Bond 10y 0.31 0.35 2.45 0.01 0.04 3.94 3.64 [+]
Stock Market 3172.62 2999 2944 2908 2884 3211 3327 [+]
GDP Last Q3 Q4 Q1 2015 2020 2030
GDP 12749.93 13166 13305 13444 19247 27191 50117 [+]
GDP Growth Rate 0.00 0.12 0.06 0.07 0.13 2.87 2.56 [+]
GDP Annual Growth Rate 0.70 1.59 0.5 1.49 0.68 2.76 2.94 [+]
GDP Constant Prices 2141.45 2123 2125 2126 29226 389650 202621615 [+]
GDP per capita 31806.76 31692 31663 31640 38161 41804 50357 [+]
Gross Fixed Capital Formation 384.32 387 389 389 388 384 381 [+]
GDP per capita PPP 35392.52 37906 38069 38223 47146 54139 67024 [+]
Labour Last Q3 Q4 Q1 2015 2020 2030
Unemployment Rate 11.50 11.4 11.3 11.2 11.2 7.3 8.7 [+]
Employed Persons 146.09 144 144 144 1971 26345 13730425 [+]
Unemployed Persons 18409.00 9149 9214 9326 9458 9222 9377 [+]
Long Term Unemployment Rate 6.30 6.41 6.54 6.62 6.62 6.44 6.42 [+]
Youth Unemployment Rate 23.10 23 22.84 22.7 22.53 7.87 9.5 [+]
Productivity 107.90 108 108 108 124 133 153 [+]
Wages 736726.00 739939 742827 742913 746765 724502 726390 [+]
Labour Costs 114.80 115 115 115 115 115 115 [+]
Population 332.88 334 335 335 335 338 339 [+]
Retirement Age Men 64.32 63.73 63.6 63.48 63.17 63.42 63.33 [+]
Retirement Age Women 63.59 63.82 63.83 63.84 63.87 63.91 63.9 [+]
Prices Last Q3 Q4 Q1 2015 2020 2030
Inflation Rate 0.30 0.23 0.14 0.12 0.45 3.99 3.7 [+]
Inflation Rate Mom -0.65 0.01 -0.01 0.29 0.25 3.8 3.5 [+]
Consumer Price Index (cpi) 117.54 118 118 119 144 161 203 [+]
Core Inflation Rate 0.90 0.73 0.72 0.69 0.85 3.87 3.65 [+]
Core Consumer Prices 112.57 113 114 114 139 157 197 [+]
Gdp Deflator 113.20 114 114 114 115 115 108 [+]
Producer Prices 107.25 108 108 108 112 121 140 [+]
Producer Prices Change -0.80 -1.5 -1.52 -1.43 0.15 3.99 3.93 [+]
Import Prices 101.90 101 100 101 101 101 101 [+]
Food Inflation -0.30 -0.74 -1.23 -1.38 0.56 -1.27 1.59 [+]
Money Last Q3 Q4 Q1 2015 2020 2030
Interest Rate 0.15 0.15 0.25 0.05 0.12 0.65 1.61 [+]
Interbank Rate 0.20 0.02 0.04 0.31 0.44 0.92 1.89 [+]
Money Supply M1 5545218.00 5515308 5617831 5712972 82950388 945948329 [+]
Money Supply M2 9353619.00 9321317 9353346 9409318 132549915 1945713824 [+]
Money Supply M3 9954844.00 9916472 9955995 9987219 137850819 1820524166 [+]
Central Bank Balance Sheet 2025258.00 2009934 2005474 1939697 2047630 2097272 2095178 [+]
Foreign Exchange Reserves 340247.00 328900 327109 328358 328032 324468 324456 [+]
Loans to Private Sector 10437366.00 10484104 10392813 10321564 9994596 10404644 10130957 [+]
Trade Last Q3 Q4 Q1 2015 2020 2030
Balance of Trade 16808.50 15662 16432 18468 20182 22555 28496 [+]
Exports 162197.20 161488 155455 167019 197578 221816 280780 [+]
Imports 145388.70 145826 139022 148550 177194 198923 251572 [+]
Current Account 20.78 17.45 24.48 18.1 24.41 24.74 24.75 [+]
Current Account to GDP 2.40 2.7 2.36 2.83 2.94 0.1 0.05 [+]
External Debt 11825983.00 11533139 11438998 11437477 11350955 11454315 11456312 [+]
Capital Flows -34.52 -25.81 -31.21 -20.8 -30.55 -11.57 -4.14 [+]
Gold Reserves 503.19 503 503 503 503 503 503 [+]
Government Last Q3 Q4 Q1 2015 2020 2030
Government Budget -3.00 -2.63 -2.95 -2.48 -2.35 -2.21 -2.21 [+]
Government Debt to GDP 92.60 93.88 95.4 94.54 95.32 97.27 97.58 [+]
Government Spending 400.13 408 414 416 503 557 672 [+]
Government Spending to GDP 49.80 49.59 49.56 49.54 49.5 49.45 49.45 [+]
Credit Rating 13.59 [+]
Business Last Q3 Q4 Q1 2015 2020 2030
Business Confidence 0.16 0.51 0.58 0.57 0.23 1.06 1.65 [+]
Manufacturing PMI 50.70 52.06 51.2 51.79 50.79 51 51.05 [+]
Services PMI 53.50 53.94 54.29 54.46 54.02 53.54 53.57 [+]
Industrial Production 0.00 1.53 1.56 1.41 0.51 3.92 3.71 [+]
Industrial Production Mom -0.30 -0.35 -0.46 -0.43 0.22 2.3 2.3 [+]
Manufacturing Production 0.40 2.91 2.99 2.86 1.42 3.87 3.64 [+]
Capacity Utilization 79.80 78.82 78.95 78.96 78.06 78.63 78.45 [+]
Changes In Inventories 6.49 3.03 2.49 2.41 1.69 2.1 2.11 [+]
Zew Economic Sentiment Index 23.70 42.62 34.8 43.57 37 37.95 38.22 [+]
Sentix Investors Sentiment 2.70 12.82 12.99 14.93 9.96 10.52 10.46 [+]
Car Registrations 738.00 738 764 745 900 1006 1195 [+]
Consumer Last Q3 Q4 Q1 2015 2020 2030
Consumer Confidence -10.00 -6.71 -6.08 -3.87 0.17 2.52 2.64 [+]
Retail Sales MoM 0.36 0.16 0.27 0.27 0.27 3.87 3.57 [+]
Retail Sales YoY 2.40 2.53 2.79 3.05 2.71 4 3.6 [+]
Consumer Spending 1364.28 1379 1383 1396 19362 253656 132720618 [+]
Disposable Personal Income 1581678.00 1597344 1602788 1606156 1955275 2175819 2621809 [+]
Personal Savings 12.98 12.95 12.96 12.98 12.96 4.88 1.75 [+]
Bank Lending Rate 3.59 [+]
Housing Last Q3 Q4 Q1 2015 2020 2030
Housing Index 96.27 96.48 96.18 95.97 96.22 96.47 96.55 [+]
Construction Output -2.30 6.38 8.55 7.86 7.8 19.53 47.17 [+]
Taxes Last Q3 Q4 Q1 2015 2020 2030
Corporate Tax Rate 25.90 27 27 27 27 28 28 [+]
Personal Income Tax Rate 44.50 47 47 47 48 51 54 [+]
Sales Tax Rate 20.67 21 21 21 21 20 20 [+]






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This page includes economic forecasts for Euro Area. 9/2/2014