Economy and finance
Starting from this news release, several improvements are introduced to provide users with more relevant and precise information. These changes are made in the first two sections.
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In the second quarter of 2025, the seasonally adjusted general government deficit to GDP ratio stood at 2.7% in the euro area (EA20) and at 2.9% in the EU. In the second quarter of 2025, the euro area deficit to GDP ratios remained unchanged compared to the first quarter of 2025, the EU deficit t...
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At the end of the second quarter of 2025, the general government gross debt to GDP ratio in the euro area (EA20) stood at 88.2%, increasing when compared with 87.7% at the end of the first quarter of 2025. In the EU, the ratio also increased from 81.5% to 81.9%.
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In the euro area the government deficit to GDP ratio decreased from 3.5% in 2023 to 3.1% in 2024, and in the EU from 3.4% to 3.1%. In the euro area the government debt to GDP ratio slightly increased from 87.0% at the end of 2023 to 87.1% at the end of 2024, and in the EU from 80.5% to 80.7%.
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In August 2025, compared with July 2025, seasonally adjusted production in construction decreased by 0.1% in the euro area and by 0.9% in the EU, according to first estimates from Eurostat, the statistical office of the European Union. In July 2025, production in construction grew by 0.5% in the ...
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The euro area annual inflation rate was 2.2% in September 2025, up from 2.0% in August. A year earlier, the rate was 1.7%. European Union annual inflation was 2.6% in September 2025, up from 2.4% in August. A year earlier, the rate was 2.1%. These figures are published by Eurostat, the statistica...
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The first estimates of euro area balance showed a €1.0 bn surplus in trade in goods with the rest of the world in August 2025, compared with + €3.0 bn in August 2024.
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In August 2025, compared with July 2025, seasonally adjusted industrial production decreased by 1.2% in the euro area and by 1.0% in the EU, according to first estimates from Eurostat, the statistical office of the European Union. In July 2025, industrial production grew by 0.5% in the euro area ...
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In July 2025, compared with June 2025, seasonally adjusted services production decreased by 0.2% in the euro area and by 0.1% in the EU, according to first estimates from Eurostat, the statistical office of the European Union. In June 2025, services production fell by 0.1% in the euro area and re...
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In the second quarter of 2025, the EU seasonally adjusted current account of the balance of payments recorded a surplus of €81.0 billion (+1.7% of GDP), compared with a surplus of €113.8 billion (+2.5% of GDP) in the first quarter of 2025 and a surplus of €120.8 billion (+2.7% of GDP) in the seco...
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The household saving rate in the euro area increased to 15.4% in the second quarter of 2025 (compared with 15.2% in the first quarter of 2025), which is explained by the consumption increasing at a slower rate than gross disposable income (respectively +0.7% and +1.0%).
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In 2023, domestic production accounted for €33 715 billion (91.5% of the total supply of goods and services in the EU), while imports contributed €3 147 billion (8.5%). This was an increase in domestic production of €1 259 billion (from €32 455 billion, 90.3% of total supply) compared with 2022, ...
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The general government financial accounts cover transactions in financial assets and liabilities as well as the stock of financial assets and liabilities. The difference between the stock of financial assets and the stock of liabilities is called net financial worth.
At the end of the second qua...
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In connection with the news releases for the Excessive deficit procedure (EDP) and the Government finance statistics (GFS) published today, a series of related documents have been updated:
Note on the stock of liabilities in trade credits and advances;
Stock-flow adjustment note explaining th...
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In the second quarter of 2025, house prices in the EU rose by 5.4% while rents increased by 3.2%, compared with the same quarter of 2024.
Relative to the first quarter of 2025, house prices increased by 1.6% and rents by 0.7%.
This information comes from data on house prices and rents publishe...
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In August 2025, the price of package holidays in the EU increased by 2.5% compared with August 2024. The price of domestic holidays recorded a higher increase (+6.8%) than the international holiday packages (+1.6%).
The prices of package holidays have increased at a more moderate pace since May ...
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In 2024, the EU countries combined had 390 600 professional firefighters, representing 0.19% of the total EU employment. Compared with 2023, the number of firefighters increased by 28 200.
Among the 20 EU countries with available data, Croatia registered the highest share of firefighters in tota...
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Key figures on Europe provides an overview of recent developments in the EU, covering topics from people and society to economy, business, environment and natural resources. Today, we focus on the economy, highlighting the inflation rate in the EU.
The inflation rate shows the change in the pric...
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Key figures on the EU in the world combines Eurostat data with international sources to provide a clear picture of the EU’s position in the global arena. Today, we highlight the EU’s role in the world tourism sector.
The EU received 25.9% of worldwide receipts from international tourism in 2023:...
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The general government financial accounts cover transactions in financial assets and liabilities as well as the stock of financial assets and liabilities. The difference between the stock of financial assets and the stock of liabilities is called net financial worth.
At the end of the first quar...
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In 2023, the EU automotive industry generated €91.6 billion in domestic value added from non-EU consumers, marking a nominal increase of 74% compared with 2010 (€52.7 billion) and a 7% rise from 2022 (€85.4 billion).
The United States was the largest consumer of EU automotive products, accountin...
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In the first quarter of 2025, house prices in the EU rose by 5.7%, while rents increased by 3.2% compared with the same quarter of 2024.
Compared with the fourth quarter of 2024, house prices increased by 1.4% and rents by 0.9%.
This information comes from data on house prices and rents publis...
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The labour productivity is the ratio of gross domestic product at current price (nominal) to total hours worked by employees and self-employed (domestic concept). The GDP per hour worked gives an indication of how much economic production activity can be attributed to each hour worked in the e...
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Persons in employment are those who, during the reference week, did any work for pay or profit, or were not working but had a job from which they were temporarily absent. Anyone who receives a wage for on-the-job training that involves the production of goods or services is also considered as bei...
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Gross domestic product (GDP) at market prices is the final result of the production activity of resident producer units. It is defined as the value of all goods and services produced less the value of any goods or services used in their creation. The ESA 2010 (European System of Accounts) regu...
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The nominal unit labour cost (NULC) index is defined as the ratio of labour cost to labour productivity, where labour cost is the ratio of compensation of employees (current prices) to hours worked by employees, and labour productivity is the ratio of gross domestic product (at market prices i...
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Compensation of employees (at current prices) is defined as the total remuneration, in cash or in kind, payable by an employer to an employee in return for work done by the latter during the accounting period. Compensation of employees consists of wages and salaries, and of employers' social cont...
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The annual building permits data are business cycle indicators providing information on the development of granted building permits in one year. Builders apply for building permits and local building administrations issue them normally before the beginning of the construction work. Therefore b...
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Private consumption expenditure consists of expenditure incurred for the direct satisfaction of individual or collective needs by private households or non-profit institutions serving households (such as religious societies, sports and other clubs, political parties, etc.). The data are presented...
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Gross Value Added (GVA) (ESA 2010, 9.31) is defined as output value at basic prices less intermediate consumption valued at purchasers' prices. GVA is calculated before consumption of fixed capital. GVA is available in a breakdown by 10 main economic activities according to NACE Rev. 2 (Statistic...
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Gross Value Added (GVA) (ESA 2010, 9.31) is defined as output value at basic prices less intermediate consumption valued at purchasers' prices. GVA is calculated before consumption of fixed capital. GVA is available in a breakdown by 10 main economic activities according to NACE Rev. 2 (Statistic...
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Gross Value Added (GVA) (ESA 2010, 9.31) is defined as output value at basic prices less intermediate consumption valued at purchasers' prices. GVA is calculated before consumption of fixed capital. GVA is available in a breakdown by 10 main economic activities according to NACE Rev. 2 (Statistic...
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Gross Value Added (GVA) (ESA 2010, 9.31) is defined as output value at basic prices less intermediate consumption valued at purchasers' prices. GVA is calculated before consumption of fixed capital. GVA is available in a breakdown by 10 main economic activities according to NACE Rev. 2 (Statistic...
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