External sectors, trade and payments | Balance of income, value in USD, balance of payments basis | | 42 778 713 631.063 | 48 653 872 296.562 | 45 561 598 774.778 | 50 976 985 152.689 | 62 826 713 606.644 | 38 245 084 364.448 | 43 601 631 988.323 | 48 014 345 816.953 | 52 152 562 245.672 |
Current account balance, value in USD | | -25 475 113 356.675 | -50 431 891 485.772 | -35 105 872 712.701 | -35 299 045 038.201 | -48 973 439 347.170 | -57 908 391 927.945 | -60 837 359 928.092 | -70 339 644 712.851 | -68 680 161 168.294 |
Current account balance, as a percentage of GDP | | -0.971 | -1.770 | -1.334 | -1.371 | -1.757 | -2.217 | -2.205 | -2.425 | -2.309 |
Competitiveness indicator, relative consumer prices (CPI), overall weights | | 99.788 | 100.547 | 100.730 | 96.888 | 96.213 | 93.448 | 94.540 | 95.315 | 95.315 |
Contribution to world trade volume, goods and services expressed in USD, 2005 prices | | 0.033 | -0.044 | -0.051 | 0.090 | 0.028 | 0.001 | 0.019 | 0.035 | 0.046 |
Nominal effective exchange rate, chain-linked, overall weights | | 101.576 | 103.524 | 104.600 | 101.173 | 101.566 | 99.314 | 101.446 | 102.811 | 102.811 |
Exchange rate, National currency per USD | | 0.730 | 0.684 | 0.720 | 0.755 | 0.719 | 0.778 | 0.751 | 0.725 | 0.725 |
Net exports of goods and services, value, National Accounts basis, USD | | -40 908 208 037.727 | -59 664 686 945.839 | -47 533 558 651.179 | -58 062 246 078.471 | -82 062 868 368.404 | -57 397 386 740.392 | -59 653 445 113.804 | -67 387 716 993.698 | -65 728 233 449.141 |
Imports of goods and services, volume, USD, 2005 prices | | 639 850 982 087.581 | 643 659 559 694.847 | 582 534 623 716.611 | 632 744 703 307.966 | 666 416 556 703.277 | 660 160 495 640.167 | 667 699 662 706.125 | 689 594 145 219.609 | 720 104 683 258.563 |
Import penetration, goods and services | | 0.222 | 0.224 | 0.212 | 0.223 | 0.229 | 0.227 | 0.229 | 0.233 | 0.238 |
Share of value imports of good and services in world imports, USD | | 4.398 | 4.275 | 4.317 | 3.897 | 3.860 | 3.566 | 3.607 | 3.611 | 3.536 |
Net current international transfers, value, balance of payments basis, USD | | -32 109 271 587.241 | -35 503 170 251.219 | -46 336 731 212.502 | -42 167 747 016.807 | -48 956 904 339.013 | -46 486 812 760.512 | -53 178 749 504.768 | -59 242 706 393.544 | -63 380 922 822.264 |
Goods and services trade volume, USD, 2005 prices | | 623 155 520 931.520 | 623 197 839 870.502 | 556 891 767 407.843 | 605 885 973 820.912 | 639 063 716 833.165 | 643 648 406 882.866 | 648 408 147 399.673 | 669 016 688 705.310 | 701 396 358 059.913 |
Competitiveness indicator, relative unit labour costs, overall economy | | 100.635 | 101.058 | 101.557 | 98.769 | 98.210 | 95.574 | 97.740 | 99.153 | 99.153 |
Exports of goods and services, volume, USD, 2005 prices | | 606 460 059 775.459 | 602 736 120 046.157 | 531 248 911 099.075 | 579 027 244 333.857 | 611 710 876 963.053 | 627 136 318 125.566 | 629 116 632 093.220 | 648 439 232 191.011 | 682 688 032 861.262 |
Export market for goods and services, volume, USD, 2005 prices | | 658 463 215 262.838 | 674 274 432 649.295 | 600 571 433 104.349 | 666 935 997 693.597 | 701 572 822 287.484 | 713 128 622 803.557 | 727 414 489 708.856 | 757 926 699 841.249 | 797 800 922 358.800 |
Export performance for goods and services, volume | | 0.921 | 0.894 | 0.885 | 0.868 | 0.872 | 0.879 | 0.865 | 0.856 | 0.856 |
Share of value exports of good and services in world exports expressed in USD | | 4.028 | 3.865 | 3.887 | 3.478 | 3.372 | 3.200 | 3.218 | 3.214 | 3.171 |
Government accounts | Gross public debt, Maastricht criterion, as a percentage of GDP | | 64.189 | 68.262 | 79.185 | 82.403 | 85.834 | 90.255 | 93.963 | 96.698 | 97.782 |
General government gross financial liabilities, as a percentage of GDP | | 72.954 | 79.258 | 91.358 | 95.651 | 99.260 | 109.330 | 113.038 | 115.773 | 116.858 |
General government net financial liabilities, as a percentage of GDP | | 35.696 | 45.864 | 52.220 | 57.528 | 62.327 | 70.306 | 73.385 | 75.770 | 76.854 |
Net government interest payments, as a percentage of GDP | | 2.496 | 2.684 | 2.201 | 2.266 | 2.452 | 2.399 | 2.362 | 2.350 | 2.390 |
Government net lending, as a percentage of GDP | | -2.750 | -3.346 | -7.563 | -7.095 | -5.292 | -4.836 | -4.215 | -3.709 | -2.969 |
Total disbursements, general government, as a percentage of GDP | | 52.589 | 53.323 | 56.766 | 56.603 | 55.919 | 56.662 | 57.047 | 56.786 | 56.147 |
Total receipts general government, as a percentage of GDP | | 49.840 | 49.977 | 49.204 | 49.508 | 50.627 | 51.826 | 52.832 | 53.077 | 53.178 |
Expenditure and GDP | Government final consumption expenditure, volume | | 420 067 000 000.000 | 425 187 000 000.000 | 436 099 000 000.000 | 443 803 000 000.000 | 445 811 000 000.000 | 452 226 000 000.000 | 459 315 571 408.000 | 463 430 805 263.753 | 465 739 992 657.503 |
Private final consumption expenditure, volume | | 1 022 816 000 000.000 | 1 025 121 000 000.000 | 1 028 774 000 000.000 | 1 044 690 000 000.000 | 1 050 168 000 000.000 | 1 046 607 000 000.000 | 1 051 536 286 453.060 | 1 060 564 890 583.530 | 1 075 013 969 914.970 |
Gross domestic product, value, market prices | | 1 887 488 000 000.000 | 1 931 685 000 000.000 | 1 885 953 000 000.000 | 1 935 587 000 000.000 | 2 000 240 000 000.000 | 2 031 812 000 000.000 | 2 065 190 113 552.050 | 2 103 141 162 722.130 | 2 156 779 352 486.390 |
Gross domestic product, volume, market prices | | 1 801 371 000 000.000 | 1 797 843 000 000.000 | 1 742 729 000 000.000 | 1 771 455 000 000.000 | 1 807 355 000 000.000 | 1 808 250 000 000.000 | 1 811 309 014 183.520 | 1 829 306 243 087.760 | 1 858 041 298 208.770 |
Private non-residential gross fixed capital formation, volume | | 206 341 901 511.469 | 212 075 066 727.157 | 183 663 574 481.091 | 192 793 451 912.644 | 200 542 845 998.537 | 196 970 444 089.681 | 192 896 974 555.363 | 195 464 584 432.514 | 202 730 439 363.267 |
Gross fixed capital formation, housing, volume | | 104 794 438 045.825 | 101 584 254 720.460 | 89 830 074 188.304 | 89 617 997 727.565 | 91 741 104 861.476 | 91 438 152 230.266 | 88 022 660 188.018 | 88 243 572 807.610 | 90 022 037 824.552 |
Gross fixed capital formation, total, volume | | 367 727 000 000.000 | 368 146 000 000.000 | 329 687 000 000.000 | 333 542 000 000.000 | 343 423 000 000.000 | 339 360 000 000.000 | 331 078 078 341.226 | 333 179 455 234.530 | 342 490 470 423.992 |
Total domestic expenditure, volume | | 1 828 692 801 915.560 | 1 831 127 801 301.500 | 1 783 518 924 077.730 | 1 813 605 552 708.950 | 1 850 231 787 845.150 | 1 833 854 918 527.680 | 1 841 283 659 883.120 | 1 861 505 661 023.460 | 1 887 665 062 822.910 |
Selected variables: ready-made growth rates | Government final consumption expenditure growth (volume) | | 1.476 | 1.219 | 2.566 | 1.767 | 0.452 | 1.439 | 1.568 | 0.896 | 0.498 |
Harmonised headline inflation | | 1.607 | 3.159 | 0.103 | 1.736 | 2.293 | 2.220 | 1.034 | 1.171 | 1.157 |
Private final consumption expenditure growth (volume) | | 2.257 | 0.225 | 0.356 | 1.547 | 0.524 | -0.339 | 0.471 | 0.859 | 1.362 |
Total employment, growth | | 1.777 | 0.926 | -1.052 | 0.542 | 0.332 | 0.028 | -0.768 | 0.106 | 0.486 |
Final domestic expenditure growth (volume) | | 2.898 | 0.422 | -1.407 | 1.528 | 0.970 | -0.079 | 0.173 | 0.826 | 1.421 |
GDP growth (volume) | | 2.244 | -0.196 | -3.066 | 1.648 | 2.027 | 0.050 | 0.169 | 0.994 | 1.571 |
Gross fixed capital formation growth (volume) | | 6.363 | 0.114 | -10.447 | 1.169 | 2.962 | -1.183 | -2.440 | 0.635 | 2.795 |
Imports of goods and services growth (volume) | | 5.495 | 0.595 | -9.496 | 8.619 | 5.322 | -0.939 | 1.142 | 3.279 | 4.424 |
Harmonised core inflation | | 1.611 | 1.770 | 1.428 | 0.977 | 1.092 | 1.484 | 0.725 | 1.064 | 1.117 |
Private final consumption expenditure, deflator, growth | | 2.061 | 2.907 | -0.629 | 1.109 | 2.077 | 1.820 | 0.699 | 0.872 | 1.010 |
Gross domestic product, deflator, market prices, annualised rate | | 2.584 | 2.542 | 0.720 | 0.967 | 1.288 | 1.528 | 1.471 | 0.836 | 0.964 |
Total domestic expenditure growth (volume) | | 3.145 | 0.133 | -2.600 | 1.687 | 2.020 | -0.885 | 0.405 | 1.098 | 1.405 |
Goods and services trade growth, USD, 2005 prices, annualised rate | | 3.900 | 0.007 | -10.640 | 8.798 | 5.476 | 0.717 | 0.739 | 3.178 | 4.840 |
Exports of goods and services growth (volume) | | 2.270 | -0.614 | -11.860 | 8.994 | 5.645 | 2.522 | 0.316 | 3.071 | 5.282 |
Export performance for total goods and services growth | | -4.750 | -2.945 | -1.044 | -1.852 | 0.429 | 0.860 | -1.654 | -1.078 | 0.020 |
Supply block | Output gap of the total economy | | 3.261 | 1.520 | -2.505 | -1.934 | -1.177 | -2.326 | -3.418 | -3.816 | -3.800 |
Potential output of total economy, volume | | 1 744 490 641 386.010 | 1 770 926 480 491.750 | 1 787 513 525 424.190 | 1 806 391 927 354.510 | 1 828 875 123 415.160 | 1 851 313 697 301.260 | 1 875 412 501 582.130 | 1 901 886 637 409.200 | 1 931 443 735 967.530 |
Productive capital stocks, volume | | 3 802 574 384 661.210 | 3 889 694 858 079.780 | 3 944 639 434 426.520 | 4 003 950 636 029.130 | 4 071 286 229 104.000 | 4 130 909 591 159.820 | 4 182 047 870 299.050 | 4 231 867 872 179.130 | 4 286 905 368 569.770 |
NAIRU - Unemployment rate with non-accelerating inflation rate | | 8.497 | 8.416 | 8.794 | 8.919 | 8.965 | 9.098 | 9.163 | 9.171 | 9.158 |
Cyclically adjusted government net lending, as a percentage of potential GDP | | -4.294 | -4.532 | -6.725 | -5.968 | -4.552 | -3.698 | -2.400 | -1.568 | -0.804 |
Underlying government net lending, as a percentage of potential GDP | | -4.264 | -4.399 | -6.610 | -5.993 | -4.605 | -3.747 | -2.471 | -1.665 | -0.918 |
Underlying government primary balance, as a percentage of potential GDP | | -1.686 | -1.674 | -4.464 | -3.771 | -2.182 | -1.404 | -0.190 | 0.595 | 1.381 |
Household sector accounts | Household and non-profit institutions serving households gross saving ratio | | 15.458 | 15.576 | 16.387 | 15.991 | 16.355 | 15.716 | 15.424 | 15.394 | 15.166 |
Prices and deflators | Consumer price index, harmonised | | 1.035 | 1.068 | 1.069 | 1.088 | 1.113 | 1.138 | 1.149 | 1.163 | 1.176 |
Private final consumption expenditure, deflator | | 1.042 | 1.072 | 1.065 | 1.077 | 1.099 | 1.119 | 1.127 | 1.137 | 1.149 |
Gross domestic product, deflator, market prices | | 1.048 | 1.074 | 1.082 | 1.093 | 1.107 | 1.124 | 1.140 | 1.150 | 1.161 |
Imports of goods and services, deflator, National Accounts basis | | 1.043 | 1.083 | 1.014 | 1.054 | 1.113 | 1.134 | 1.124 | 1.132 | 1.148 |
Exports of goods and services, deflator, National Accounts basis | | 1.040 | 1.073 | 1.032 | 1.058 | 1.093 | 1.106 | 1.105 | 1.111 | 1.124 |
Labour markets | Total employment | | 25 590 120.150 | 25 827 003.713 | 25 555 268.306 | 25 693 739.235 | 25 778 935.567 | 25 786 156.256 | 25 588 000.852 | 25 615 067.221 | 25 739 552.167 |
Labour force | | 27 815 120.150 | 27 891 003.713 | 28 129 268.306 | 28 328 239.235 | 28 383 185.567 | 28 595 906.256 | 28 608 599.453 | 28 709 809.855 | 28 824 821.468 |
Labour productivity of the total economy | | 1.024 | 1.017 | 0.999 | 1.015 | 1.029 | 1.030 | 1.037 | 1.046 | 1.058 |
Unit labour cost in total economy | | 1.033 | 1.067 | 1.104 | 1.111 | 1.122 | 1.143 | 1.160 | 1.174 | 1.184 |
Unemployment, level | | 2 225 000.000 | 2 064 000.000 | 2 574 000.000 | 2 634 500.000 | 2 604 250.000 | 2 809 750.000 | 3 020 598.601 | 3 094 742.634 | 3 085 269.301 |
Unemployment rate | | 7.999 | 7.400 | 9.151 | 9.300 | 9.175 | 9.826 | 10.558 | 10.779 | 10.704 |
National unemployment rate commonly used | | 8.375 | 7.775 | 9.525 | 9.725 | 9.600 | 10.225 | 10.953 | 11.169 | 11.094 |
Compensation rate, total economy | | 39 681.350 | 40 724.330 | 41 438.643 | 42 435.798 | 43 568.621 | 44 489.872 | 45 388.889 | 46 233.583 | 47 135.085 |
Monetary data | Long-term interest rate on government bonds | | 4.304 | 4.234 | 3.648 | 3.118 | 3.320 | 2.537 | 2.233 | 2.690 | 3.101 |
Short-term interest rate | | 4.278 | 4.634 | 1.228 | 0.811 | 1.391 | 0.573 | 0.184 | 0.056 | 0.345 |