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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 16641 USD Billion 2022
GDP Annual Growth Rate 0.4 % 2Q/23
GDP Growth Rate 0 % 2Q/23
GDP per capita 33962 USD 2022
Inflation Rate YoY 5.9 % Aug/23
Unemployment Rate 5.9 % Aug/23
Balance of Trade 4932 EUR Million | 5.232 B USD Jul/23
Government Debt 13272709 EUR Million | 14080.956 B USD 2022


GDP Indicators

Indicator Data Period
GDP Value 16641 USD Billion 2022
GDP Annual Growth Rate 0.4 % 2Q/23
GDP Growth Rate 0 % 2Q/23
GDP per capita 33962 USD 2022


Budget Indicators

Indicator Data Period
Government Debt to GDP 84 % 2022
Government Spending 721 EUR Million | 0.765 USD Billion 2Q/23
Government Debt 13272709 EUR Million | 14080.956 USD Billion 2022


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 128 index points Aug/23
Food Inflation 10.68 % Aug/23
GDP Deflator 122 index points 2Q/23
Inflation Rate YoY 5.9 % Aug/23
Producer Prices 149 index points Aug/23
Inflation Rate Mom 0.5 % Aug/23


Trade Indicators

Indicator Data Period
Current Account to GDP -0.6 % 2022
Balance of Trade 4932 EUR Million | 5.232 USD Billion Jul/23
Exports 205236 EUR Million | 217.734 USD Billion Jul/23
Imports 200303 EUR Million | 212.501 USD Billion Jul/23


Labor Indicators

Indicator Data Period
Retirement Age Men 62.54 2022
Retirement Age Women 64.46 2022
Unemployment Rate 5.9 % Aug/23
Youth Unemployment Rate 14 % Aug/23


Taxes

Indicator Data Period
Corporate Tax Rate 21.3 % 2022
Personal Income Tax Rate 37.8 % 2021
Sales Tax Rate 21 % 2022


Production Indicators

Indicator Data Period
Industrial Production -2.4 % Jul/23
Mining Production -8 % Jul/23
Steel Production 9100 Thousand Tonnes Aug/23


Business Indicators

Indicator Data Period
Business Confidence -9 index points Sep/23
Manufacturing Production -1.8 % Jul/23


Consumer Indicators

Indicator Data Period
Consumer Confidence -18.7 index points Sep/23
Retail Sales MoM -0.9 % Aug/23
Retail Sales YoY -2 % Aug/23
Consumer Spending 1799 EUR Million | 1.909 USD Billion 2Q/23