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Euro Area (Eurozone) Output Gap, Percent of Potential GDP Statistics

27, May 2012, CEST. Welcome to the beta version of Econ Stats, the Economic Statistics Database service provided by EconomyWatch.com.

Country or Region: Euro Area (Eurozone) › Change country
Economic Indicator: Output Gap, Percent of Potential GDP › See all Euro Area indicators, › See Output Gap, Percent of Potential GDP data for all countries
Detailed Analysis for Year: 2010 › Change year
Full Dataset: from 1980 to 2016
Dataset updated: 1st August 2011
Data Source: International Monetary Fund (IMF)
National or Regional Currency: US Dollar
Currency Symbol: US$

Output gaps for advanced economies are calculated as actual GDP less potential GDP as a percent of potential GDP. Estimates of output gaps are subject to a significant margin of uncertainty.

Output Gap, Percent of Potential GDP Statistics for Euro Area (Eurozone), Year 2010 - In Detail

Output Gap, Percent of Potential GDP for Euro Area in year 2010 is -2.808 %

This makes Euro Area n/a in world rankings according to Output Gap, Percent of Potential GDP in year 2010. The world's average Output Gap, Percent of Potential GDP value is -0.36 %; Euro Area is 2.45 less than the average.

In the previous year, 2009, Output Gap, Percent of Potential GDP for Euro Area was -3.53 % Output Gap, Percent of Potential GDP for Euro Area in 2010 was or will be 20.39% less than it was or will be in 2009.

In the following or forecasted year, 2011, Output Gap, Percent of Potential GDP for Euro Area was or will be -2.25 %, which is 19.80% less than the 2010 figure.

* Source: IMF
Output Gap, Percent of Potential GDP for Euro Area, in other Years
Year %
  2016 0.002
  2015 -0.312
  2014 -0.66
  2013 -1.163
  2012 -1.685
  2011 -2.252
2010 -2.808
  2009 -3.527
  2008 1.132
  2007 2.086
  2006 0.976
  2005 -0.351
  2004 -0.395
  2003 -0.974
  2002 -0.215
  2001 0.802
  2000 1.129
  1999 -0.209
  1998 -0.685
  1997 -1.346
  1996 -1.902
  1995 -1.231
  1994 -1.441
  1993 -2.035
  1992 1.258
  1991 2.123
  1990 n/a
  1989 n/a
  1988 n/a
  1987 n/a
  1986 n/a
  1985 n/a
  1984 n/a
  1983 n/a
  1982 n/a
  1981 n/a
  1980 n/a