Economy and finance
In the third quarter of 2024, seasonally adjusted GDP increased by 0.4% both in the euro area and in the EU, compared with the previous quarter, according to an estimate published by Eurostat, the statistical office of the European Union. In the second quarter of 2024, GDP had grown by 0.2% in both ...
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In September 2024, compared with August 2024, seasonally adjusted services production decreased by 0.5% in the euro area and by 0.2% in the EU, according to first estimates from Eurostat, the statistical office of the European Union. In August 2024, services production grew by 0.5% in both the euro ...
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In October 2024, compared with September 2024, the seasonally adjusted retail trade volume decreased by 0.5% in the euro area and by 0.3% in the EU, according to first estimates from Eurostat, the statistical office of the European Union. In September 2024, retail trade volume grew by 0.5% in the eu...
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In October 2024, compared with September 2024, industrial producer prices increased by 0.4% in both the euro area and the EU, according to first estimates from Eurostat, the statistical office of the European Union. In September 2024, industrial producer prices fell by 0.6% in both the euro area and...
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In October 2024, the euro area seasonally-adjusted unemployment rate was 6.3%, stable compared with September 2024 and down from 6.6% in October 2023. The EU unemployment rate was 5.9% in October 2024, also stable compared with September 2024 and down from 6.1% in October 2023. These figures are pub...
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Euro area annual inflation is expected to be 2.3% in November 2024, up from 2.0% in October according to a flash estimate from Eurostat, the statistical office of the European Union.
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In September 2024, compared with August 2024, seasonally adjusted production in construction decreased by 0.1% in both the euro area and the EU, according to first estimates from Eurostat, the statistical office of the European Union. In August 2024, production in construction remained stable in the...
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The euro area annual inflation rate was 2.0% in October 2024, up from 1.7% in September. A year earlier, the rate was 2.9%. European Union annual inflation was 2.3% in October 2024, up from 2.1% in September. A year earlier, the rate was 3.6%. These figures are published by Eurostat, the statistical...
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The first estimates of euro area balance showed a €12.5 bn surplus in trade in goods with the rest of the world in September 2024, compared with + €9.8 bn in September 2023.
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In the third quarter of 2024, seasonally adjusted GDP increased by 0.4% in the euro area and by 0.3% the EU, compared with the previous quarter, according to a flash estimate published by Eurostat, the statistical office of the European Union. In the second quarter of 2024, GDP had grown by 0.2% in ...
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In September 2024, compared with August 2024, seasonally adjusted industrial production decreased by 2.0% in both the euro area and the EU, according to first estimates from Eurostat, the statistical office of the European Union. In August 2024, industrial production grew by 1.5% in the euro area an...
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In 2023, for the 11 EU countries that report inward foreign direct investment (FDI) positions by ultimate investing economy, the total value of investment amounted to €3 263 billion, up from €3 241 billion in 2022.
Germany replaced the United States as the top ultimate investing economy, with inve...
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In 2022, the domestic value added of the EU automotive industry attributed to non-EU consumers amounted to €78.9 billion, representing a 54% increase from 2010 (€51.1 billion) but a 7% decline in nominal terms from 2015 (€84.4 billion).
In 2022, China was the largest consumer of EU vehicle products...
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Net foreign direct investment (FDI) stocks held in non-EU countries by investors resident in the EU amounted to €9 160 billion in 2023, reflecting a 4.1% decrease from 2022 (€9 551 billion).
A similar trend was visible in investment stocks held by non-EU residents in the EU, which decreased to €7 ...
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In 2023, household final consumption expenditure, corrected for inflation, in the EU rose slightly by 0.5%. For comparison, it was 5.7% higher in 2022 than in 2021 when restrictions due to COVID-19 were still in place.
Last year, household consumption expenditure increased the most for restaurants ...
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Eurostat has released the 2024 edition of the interactive publication Housing in Europe, offering statistical insights into housing trends and challenges across Europe.
The publication consolidates data on various aspects of housing, including types, ownership, size, quality and environmental impa...
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Eurostat invites you to follow the launch of a new dataset - Macroeconomic Globalisation Indicators. The dataset, created in collaboration with the European Commission’s Joint Research Centre, will shed light on EU's participation and exposure within global value chains.
The new data will provide ...
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Anyone watching the news has come across articles and stories about inflation and prices going up and down. Eurostat news often cover price variations of many household staples in the EU, such as olive oil, pasta, meat, coffee and other breakfast foods. We also did a deep dive into inflation and how...
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In 2022, the EU produced €31 674 billion worth of goods and services, while imports from outside the EU (excluding intra-EU trade) were valued at €3 106 billion.
Nearly half (48.7%) of these goods and services were used for intermediate consumption, meaning they were used to make other products. An...
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In 2023, the average annual full-time adjusted salary for employees in the EU was €37 900, reflecting a 6.5% increase from €35 600 in 2022.
Source dataset: nama_10_fte
Among the EU countries, the highest average annual full-time adjusted salary was recorded in Luxembourg (€81 100), followed by...
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The overall tax-to-GDP ratio, meaning the sum of taxes and net social contributions as a percentage of gross domestic product (GDP), stood at 40.0% in the EU in 2023, a decrease compared with 2022 (40.7%). In the euro area, the tax-to-GDP ratio also decreased from 41.4% in 2022 to 40.6% in 2023.
In...
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The general government financial accounts published by Eurostat cover transactions in financial assets and liabilities as well as the stock of financial assets and liabilities.
Governments hold currency and deposit assets (stocks) such as money in bank accounts and cash reserves to make daily paym...
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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 buil...
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