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

16, Feb 2019, EST.

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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: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
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 2015 - In Detail

Output Gap, Percent of Potential GDP for Euro Area in year 2015 is -2.008 %. 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.

This makes Euro Area n/a in world rankings according to Output Gap, Percent of Potential GDP in year 2015. The world's average Output Gap, Percent of Potential GDP value is -0.23 %; Euro Area is 1.78 less than the average.

In the previous year, 2014, Output Gap, Percent of Potential GDP for Euro Area was -2.64 % Output Gap, Percent of Potential GDP for Euro Area in 2015 was or will be 23.97% less than it was or will be in 2014.

In the following or forecasted year, 2016, Output Gap, Percent of Potential GDP for Euro Area was or will be -1.53 %, which is 23.90% less than the 2015 figure.

* Source: IMF
Output Gap, Percent of Potential GDP for Euro Area, in other Years
Year %
  2021 0.104
  2020 -0.062
  2019 -0.305
  2018 -0.63
  2017 -1.003
  2016 -1.528
2015 -2.008
  2014 -2.641
  2013 -2.791
  2012 -2.041
  2011 -0.728
  2010 -1.63
  2009 -2.861
  2008 2.324
  2007 3.107
  2006 1.472
  2005 -0.195
  2004 -0.31
  2003 -0.815
  2002 0.077
  2001 1.142
  2000 1.001
  1999 -0.436
  1998 -0.968
  1997 -1.566
  1996 -2.019
  1995 -1.486
  1994 -1.998
  1993 -2.59
  1992 0.685
  1991 1.545
  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