Euro Area (Eurozone) Economic Statistics and Indicators

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Economic Indicators For: Euro Area › Change country
Countries in this region: Austria, Belgium, Cyprus, Finland, France, Germany, Greece, Italy, Luxembourg, Malta, Netherlands, Portugal, Slovakia, Slovenia, Spain

Overview: The Euro Area, also known as the Eurozone, is a subset of 16 of the European Union countries who have adopted the Euro as a common currency. These countries have converted their national currencies into the Euro. Their monetary policy is set by the European Central Bank for the whole region. They maintain greater control over fiscal policy, within European Union rules. While giving up currency country, these countries benefit from enhanced freedom of movement (both of people and goods) and more stability from being part of a large economic system. In 2009, the Euro Area consisted of Austria, Belgium, Cyprus, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia and Spain.

Sources: International Monetary Fund (IMF)

GDP Growth (Constant Prices, National Currency) for Euro Area in year 1997 is 2.647 %.

GDP (Current Prices, US Dollars) for Euro Area in year 1997 is US$ 6,962.10 Billion.

GDP Deflator for Euro Area in year 1997 is 79.525 (Index, Base Year as per country's accounts = 100).

Output Gap, Percent of Potential GDP for Euro Area in year 1997 is -1.566 %.

Investment (% of GDP) for Euro Area in year 1997 is 21.599 %.

Gross National Savings (% of GDP) for Euro Area in year 1997 is 22.942 %.

Inflation (Average Consumer Price Change %) for Euro Area in year 1997 is 1.704 %.

Inflation (End of Year Change %) for Euro Area in year 1997 is 1.601 %.

Three-month London Interbank Offered Rate (LIBOR) Change % for Euro Area in year 1997 is n/a %.

Import Volume of All Items Including Goods and Services (Percent Change) for Euro Area in year 1997 is 9.73 %.

Import Volumes of Goods Only (Percent Change) for Euro Area in year 1997 is 8.311 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Euro Area in year 1997 is 11.146 %.

Export Volumes of Goods Only (Percent Change) for Euro Area in year 1997 is 10.654 %.

Terms of Trade of All Items Including Services and Goods (Percent Change) for Euro Area in year 1997 is -0.49 %.

Terms of Trade of Goods (Percent Change) for Euro Area in year 1997 is -1.887 %.

Unemployment Rate (% of Labour Force) for Euro Area in year 1997 is 10.8 %.

Employment for Euro Area in year 1997 is 90.716 Million .

General government revenue (% of GDP) for Euro Area in year 1997 is 45.791 %.

General government total expenditure (% of GDP) for Euro Area in year 1997 is 48.821 %.

Total Government Net Lending/ Borrowing (% of GDP) for Euro Area in year 1997 is -3.03 %.

General Government Structural Balance (% Potential GDP) for Euro Area in year 1997 is -2.064 %.

Current Account Balance (US Dollars) for Euro Area in year 1997 is US$ 56.94 Billion.

Current Account Balance (% GDP) for Euro Area in year 1997 is 0.818 %.

Imports of Goods and Services (US Dollars) for Euro Area in year 1997 is US$ n/a Billions.

Exports of Goods and Services (US Dollars) for Euro Area in year 1997 is US$ n/a Billions.

Financial account balance for Euro Area in year 1997 is US$ n/a Billions.

Direct Investment, Net (US Dollars) for Euro Area in year 1997 is US$ n/a Billions.

Other Private Portfolio Flows, Net (US Dollars) for Euro Area in year 1997 is US$ n/a Billions.

Financial derivatives, net for Euro Area in year 1997 is US$ n/a Billions.

Private Financial Flows, Net (US Dollars) for Euro Area in year 1997 is US$ n/a Billions.

Change in National Reserves (US Dollars) for Euro Area in year 1997 is US$ n/a Billions.