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Economy of European Union. Statistics, Data and Indicators

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European Union
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European Union


European Union Major Economic Indicators

Indicator Data Period
GDP Value 15276 USD Billion 2020
GDP Annual Growth Rate 5.6 % 1Q/22
GDP Growth Rate 0.7 % 1Q/22
GDP per capita 30997 USD 2020
Inflation Rate YoY 8.8 % May/22
Unemployment Rate 6.1 % May/22
Balance of Trade -43625 EUR Million | -45.499 B USD Apr/22
Government Debt 12078219 EUR Million | 12596.962 B USD 2020


GDP Indicators

Indicator Data Period
GDP Value 15276 USD Billion 2020
GDP Annual Growth Rate 5.6 % 1Q/22
GDP Growth Rate 0.7 % 1Q/22
GDP per capita 30997 USD 2020


Budget Indicators

Indicator Data Period
Government Debt to GDP 88.1 % 2021
Government Spending 714 EUR Million | 0.745 USD Billion 1Q/22
Government Debt 12078219 EUR Million | 12596.962 USD Billion 2020


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 118 index points May/22
Food Inflation 10.01 % May/22
GDP Deflator 111 index points 4Q/21
Inflation Rate YoY 8.8 % May/22
Producer Prices 149 index points Apr/22
Inflation Rate Mom 1 % May/22


Trade Indicators

Indicator Data Period
Current Account to GDP 3 % 2020
Balance of Trade -43625 EUR Million | -45.499 USD Billion Apr/22
Exports 198502 EUR Million | 207.027 USD Billion Apr/22
Imports 242128 EUR Million | 252.527 USD Billion Apr/22


Labor Indicators

Indicator Data Period
Retirement Age Men 64.54 2020
Retirement Age Women 63.81 2020
Unemployment Rate 6.1 % May/22
Youth Unemployment Rate 13.3 % May/22


Taxes

Indicator Data Period
Corporate Tax Rate 20.7 % 2021
Personal Income Tax Rate 37.8 % 2021
Sales Tax Rate 21.5 % 2021


Production Indicators

Indicator Data Period
Industrial Production 0.7 % Mar/22
Mining Production 0.5 % Mar/22
Steel Production 12900 Thousand Tonnes May/22


Business Indicators

Indicator Data Period
Business Confidence 5.4 index points Jun/22
Manufacturing Production 0.8 % Mar/22


Consumer Indicators

Indicator Data Period
Consumer Confidence -24 index points Jun/22
Retail Sales MoM -1.3 % Apr/22
Retail Sales YoY 5 % Apr/22
Consumer Spending 1760 EUR Million | 1.836 USD Billion 1Q/22