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 2002 is 0.973 %.

GDP (Current Prices, US Dollars) for Euro Area in year 2002 is US$ 7,187.78 Billion.

GDP Deflator for Euro Area in year 2002 is 86.926 (Index, Base Year as per country's accounts = 100).

Output Gap, Percent of Potential GDP for Euro Area in year 2002 is 0.077 %.

Investment (% of GDP) for Euro Area in year 2002 is 21.765 %.

Gross National Savings (% of GDP) for Euro Area in year 2002 is 22.754 %.

Inflation (Average Consumer Price Change %) for Euro Area in year 2002 is 2.271 %.

Inflation (End of Year Change %) for Euro Area in year 2002 is 2.319 %.

Three-month London Interbank Offered Rate (LIBOR) Change % for Euro Area in year 2002 is 3.317 %.

Import Volume of All Items Including Goods and Services (Percent Change) for Euro Area in year 2002 is 1.19 %.

Import Volumes of Goods Only (Percent Change) for Euro Area in year 2002 is 1.635 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Euro Area in year 2002 is 2.651 %.

Export Volumes of Goods Only (Percent Change) for Euro Area in year 2002 is 3.195 %.

Terms of Trade of All Items Including Services and Goods (Percent Change) for Euro Area in year 2002 is 1.723 %.

Terms of Trade of Goods (Percent Change) for Euro Area in year 2002 is 1.284 %.

Unemployment Rate (% of Labour Force) for Euro Area in year 2002 is 8.667 %.

Employment for Euro Area in year 2002 is 97.496 Million .

General government revenue (% of GDP) for Euro Area in year 2002 is 44.147 %.

General government total expenditure (% of GDP) for Euro Area in year 2002 is 46.86 %.

Total Government Net Lending/ Borrowing (% of GDP) for Euro Area in year 2002 is -2.712 %.

General Government Structural Balance (% Potential GDP) for Euro Area in year 2002 is -2.828 %.

Current Account Balance (US Dollars) for Euro Area in year 2002 is US$ 34.729 Billion.

Current Account Balance (% GDP) for Euro Area in year 2002 is 0.483 %.

Imports of Goods and Services (US Dollars) for Euro Area in year 2002 is US$ 1,125.11 Billions.

Exports of Goods and Services (US Dollars) for Euro Area in year 2002 is US$ 1,205.27 Billions.

Financial account balance for Euro Area in year 2002 is US$ 16.512 Billions.

Direct Investment, Net (US Dollars) for Euro Area in year 2002 is US$ -116.708 Billions.

Other Private Portfolio Flows, Net (US Dollars) for Euro Area in year 2002 is US$ 58.611 Billions.

Financial derivatives, net for Euro Area in year 2002 is US$ -45.569 Billions.

Private Financial Flows, Net (US Dollars) for Euro Area in year 2002 is US$ 114.554 Billions.

Change in National Reserves (US Dollars) for Euro Area in year 2002 is US$ 5.624 Billions.