External sectors, trade and payments | Balance of income, value in USD, balance of payments basis | | -1 453 260 011.942 | -1 317 805 539.310 | -703 166 281.724 | -1 185 939 869.319 | -1 326 963 266.287 | -1 267 614 530.896 | -768 261 938.349 | -800 055 176.219 | -800 055 176.219 |
Current account balance, value in USD | | -3 500 335 114.992 | -2 241 620 938.984 | 574 438 460.211 | 541 515 567.750 | 440 342 545.341 | -410 111 699.535 | -411 331 112.460 | -653 360 349.068 | -498 434 126.732 |
Current account balance, as a percentage of GDP | | -15.960 | -9.169 | 2.819 | 2.837 | 1.938 | -1.839 | -1.674 | -2.462 | -1.750 |
Competitiveness indicator, relative consumer prices (CPI), overall weights | | 105.681 | 113.070 | 114.901 | 110.460 | 111.880 | 110.568 | 113.832 | 115.077 | 115.077 |
Nominal effective exchange rate, chain-linked, overall weights | | 100.971 | 102.664 | 105.996 | 101.258 | 101.178 | 98.826 | 100.865 | 102.501 | 102.501 |
Exchange rate, National currency per USD | | 0.731 | 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 | | -2 021 744 204.706 | -974 198 562.506 | 1 079 845 528.863 | 1 328 399 979.806 | 830 830 944.713 | 50 793 652.058 | 27 295 355.106 | -240 227 459.778 | -104 554 929.024 |
Imports of goods and services, volume, USD, 2005 prices | | 14 165 698 031.580 | 13 177 814 186.343 | 9 085 653 037.788 | 11 001 919 053.138 | 14 129 636 893.255 | 15 379 481 638.170 | 16 225 899 208.797 | 17 128 745 679.132 | 18 041 167 527.234 |
Net current international transfers, value, balance of payments basis, USD | | 128 180 275.044 | 173 341 680.849 | 263 121 741.145 | 308 661 119.974 | 386 169 528.116 | 296 183 091.300 | 245 033 443.187 | 263 107 075.971 | 282 360 767.553 |
Competitiveness indicator, relative unit labour costs, overall economy | | 119.720 | 132.266 | 131.407 | 118.702 | 113.504 | 111.450 | 118.550 | 121.954 | 121.954 |
Exports of goods and services, volume, USD, 2005 prices | | 11 869 781 416.307 | 11 986 836 535.567 | 9 439 307 145.024 | 11 678 254 535.143 | 14 406 649 442.398 | 15 218 635 989.603 | 15 941 084 137.963 | 16 698 596 207.468 | 17 644 299 476.055 |
Export market for goods and services, volume, USD, 2005 prices | | 10 633 690 990.771 | 11 208 538 884.200 | 9 592 384 420.900 | 10 596 546 490.483 | 11 368 802 320.579 | 11 613 189 938.750 | 11 739 718 508.651 | 12 232 911 496.831 | 12 812 799 972.657 |
Export performance for goods and services, volume | | 1.116 | 1.069 | 0.984 | 1.102 | 1.267 | 1.310 | 1.358 | 1.365 | 1.377 |
Government accounts | Gross public debt, Maastricht criterion, as a percentage of GDP | | 3.685 | 4.542 | 7.096 | 6.689 | 6.058 | 9.831 | 9.547 | 9.347 | 8.899 |
General government gross financial liabilities, as a percentage of GDP | | 7.311 | 8.504 | 12.882 | 12.838 | 10.102 | 13.617 | 13.334 | 13.133 | 12.685 |
General government net financial liabilities, as a percentage of GDP | | -28.132 | -25.531 | -28.308 | -35.420 | -34.609 | -33.057 | -31.346 | -29.767 | -27.765 |
Net government interest payments, as a percentage of GDP | | -0.326 | -0.442 | -0.238 | -0.137 | -0.115 | -0.032 | -0.013 | -0.010 | -0.008 |
Government net lending, as a percentage of GDP | | 2.387 | -2.948 | -1.953 | 0.198 | 1.116 | -0.237 | -0.090 | -0.077 | 0.028 |
Total disbursements, general government, as a percentage of GDP | | 33.979 | 39.667 | 44.750 | 40.451 | 37.547 | 39.464 | 38.624 | 38.267 | 37.425 |
Total receipts general government, as a percentage of GDP | | 36.366 | 36.719 | 42.797 | 40.648 | 38.663 | 39.227 | 38.534 | 38.190 | 37.453 |
Expenditure and GDP | Government final consumption expenditure, volume | | 2 153 199 852.346 | 2 251 612 224.213 | 2 193 998 220.009 | 2 175 694 819.102 | 2 204 134 221.002 | 2 286 915 157.043 | 2 293 012 129.797 | 2 321 462 257.732 | 2 356 944 033.913 |
Private final consumption expenditure, volume | | 7 660 715 006.360 | 7 265 185 358.047 | 6 187 509 490.748 | 6 024 398 850.029 | 6 253 587 345.312 | 6 560 776 082.512 | 6 853 275 350.624 | 7 070 725 553.125 | 7 330 074 238.267 |
Gross domestic product, value, market prices | | 16 069 402 997.741 | 16 235 062 614.023 | 13 969 724 398.627 | 14 371 129 891.602 | 16 216 402 275.214 | 17 415 130 700.847 | 18 313 546 240.319 | 19 235 271 938.101 | 20 642 873 736.843 |
Gross domestic product, volume, market prices | | 13 233 148 615.181 | 12 683 793 593.876 | 10 895 589 385.366 | 11 175 060 262.137 | 12 243 164 109.757 | 12 725 410 974.674 | 12 851 396 405.592 | 13 153 446 910.008 | 13 673 137 027.600 |
Gross fixed capital formation, housing, volume | | 760 169 916.573 | 538 078 656.358 | 345 025 392.788 | 334 369 241.957 | 403 544 816.010 | 450 637 452.700 | 468 185 875.119 | 479 644 435.047 | 498 595 092.966 |
Gross fixed capital formation, total, volume | | 4 821 490 568.570 | 4 178 526 054.573 | 2 549 738 424.975 | 2 364 549 799.884 | 3 253 381 298.365 | 3 608 863 743.383 | 3 470 729 411.170 | 3 700 310 090.731 | 3 916 946 544.450 |
Total domestic expenditure, volume | | 15 099 002 278.253 | 13 728 513 196.009 | 10 744 841 874.365 | 10 757 974 816.214 | 12 184 539 467.527 | 12 911 219 736.918 | 13 092 739 386.966 | 13 578 825 925.988 | 14 075 092 237.741 |
Selected variables: ready-made growth rates | Government final consumption expenditure growth (volume) | | 6.622 | 4.571 | -2.559 | -0.834 | 1.307 | 3.756 | 0.267 | 1.241 | 1.528 |
Harmonised headline inflation | | 6.744 | 10.606 | 0.198 | 2.742 | 5.080 | 4.218 | 3.602 | 3.165 | 3.304 |
Private final consumption expenditure growth (volume) | | 8.765 | -5.163 | -14.833 | -2.636 | 3.804 | 4.912 | 4.458 | 3.173 | 3.668 |
Total employment, growth | | 1.272 | 0.159 | -9.215 | -4.229 | 6.854 | 2.490 | 3.088 | 0.857 | 0.373 |
Final domestic expenditure growth (volume) | | 8.628 | -6.249 | -19.545 | -3.216 | 10.255 | 6.180 | 1.426 | 3.642 | 3.804 |
GDP growth (volume) | | 7.492 | -4.151 | -14.098 | 2.565 | 9.558 | 3.939 | 0.990 | 2.350 | 3.951 |
Gross fixed capital formation growth (volume) | | 9.329 | -13.335 | -38.980 | -7.263 | 37.590 | 10.927 | -3.828 | 6.615 | 5.855 |
Imports of goods and services growth (volume) | | 6.346 | -6.974 | -31.053 | 21.091 | 28.429 | 8.846 | 5.504 | 5.564 | 5.327 |
Harmonised core inflation | | 6.079 | 6.180 | 0.932 | 0.444 | 2.358 | 2.756 | 2.166 | 2.995 | 3.275 |
Private final consumption expenditure, deflator, growth | | 7.927 | 7.821 | -0.403 | 2.426 | 4.929 | 3.646 | 3.803 | 2.633 | 2.753 |
Gross domestic product, deflator, market prices, annualised rate | | 11.639 | 5.407 | 0.169 | 0.301 | 2.996 | 3.322 | 4.128 | 2.621 | 3.239 |
Total domestic expenditure growth (volume) | | 9.183 | -9.077 | -21.733 | 0.122 | 13.261 | 5.964 | 1.406 | 3.713 | 3.655 |
Exports of goods and services growth (volume) | | 3.663 | 0.986 | -21.253 | 23.719 | 23.363 | 5.636 | 4.747 | 4.752 | 5.663 |
Export performance for total goods and services growth | | -5.105 | -4.193 | -7.985 | 11.995 | 14.983 | 3.413 | 3.618 | 0.529 | 0.881 |
Supply block | Output gap of the total economy | | 13.723 | 5.445 | -10.747 | -9.272 | -2.079 | -0.548 | -2.263 | -2.951 | -2.503 |
Potential output of total economy, volume | | 11 636 312 927.783 | 12 028 811 359.185 | 12 207 489 427.019 | 12 317 097 641.127 | 12 503 114 137.490 | 12 795 485 799.492 | 13 149 004 604.637 | 13 553 450 408.854 | 14 024 156 960.088 |
Productive capital stocks, volume | | 28 655 477 057.823 | 31 147 904 889.303 | 31 663 249 636.647 | 32 373 582 042.582 | 33 508 960 192.240 | 35 222 043 517.057 | 36 792 034 833.634 | 38 444 718 074.432 | 40 293 609 883.567 |
NAIRU - Unemployment rate with non-accelerating inflation rate | | 9.201 | 9.421 | 9.727 | 10.006 | 10.190 | 10.281 | 10.314 | 10.322 | 10.324 |
Cyclically adjusted government net lending, as a percentage of potential GDP | | -1.461 | -4.844 | 1.768 | 3.257 | 1.800 | -0.053 | 0.589 | 0.816 | 0.772 |
Underlying government net lending, as a percentage of potential GDP | | -0.929 | -3.550 | -1.231 | -0.225 | -0.270 | 0.996 | 0.589 | 0.816 | 0.772 |
Underlying government primary balance, as a percentage of potential GDP | | -1.299 | -4.016 | -1.444 | -0.349 | -0.383 | 0.964 | 0.577 | 0.806 | 0.764 |
Household sector accounts | Household and non-profit institutions serving households net saving ratio | | -8.182 | -4.130 | 5.721 | 0.580 | -0.167 | 0.498 | 0.277 | 0.608 | 0.707 |
Prices and deflators | Consumer price index, harmonised | | 1.115 | 1.233 | 1.236 | 1.269 | 1.334 | 1.390 | 1.440 | 1.486 | 1.535 |
Private final consumption expenditure, deflator | | 1.136 | 1.225 | 1.220 | 1.249 | 1.311 | 1.359 | 1.410 | 1.447 | 1.487 |
Gross domestic product, deflator, market prices | | 1.214 | 1.280 | 1.282 | 1.286 | 1.325 | 1.369 | 1.425 | 1.462 | 1.510 |
Imports of goods and services, deflator, National Accounts basis | | 1.075 | 1.148 | 1.114 | 1.172 | 1.237 | 1.270 | 1.264 | 1.295 | 1.337 |
Exports of goods and services, deflator, National Accounts basis | | 1.128 | 1.195 | 1.174 | 1.211 | 1.265 | 1.287 | 1.289 | 1.316 | 1.362 |
Labour markets | Total employment | | 655 126.278 | 656 170.914 | 595 707.344 | 570 514.230 | 609 617.564 | 624 798.384 | 644 091.277 | 649 608.297 | 652 028.179 |
Labour force | | 686 990.641 | 695 086.465 | 691 576.689 | 685 781.166 | 696 295.857 | 695 281.240 | 703 332.985 | 706 626.975 | 706 494.449 |
Labour productivity of the total economy | | 1.117 | 1.068 | 1.019 | 1.098 | 1.124 | 1.144 | 1.118 | 1.135 | 1.176 |
Unit labour cost in total economy | | 1.265 | 1.470 | 1.486 | 1.409 | 1.382 | 1.435 | 1.520 | 1.565 | 1.591 |
Unemployment, level | | 31 864.363 | 38 915.551 | 95 869.344 | 115 266.935 | 86 678.292 | 70 482.856 | 59 241.708 | 57 018.677 | 54 466.270 |
Unemployment rate | | 4.638 | 5.599 | 13.862 | 16.808 | 12.448 | 10.137 | 8.423 | 8.069 | 7.709 |
Compensation rate, total economy | | 12 681.132 | 13 899.470 | 13 467.305 | 13 766.947 | 13 857.791 | 14 681.655 | 15 284.740 | 16 025.052 | 16 873.624 |
Monetary data | Short-term interest rate | | 4.870 | 6.664 | 5.927 | 1.570 | 1.391 | 0.573 | 0.184 | 0.056 | 0.345 |