External sectors, trade and payments | Balance of income, value in USD, balance of payments basis | | -44 582 004 928.253 | -75 103 558 046.453 | -3 799 623 557.602 | 32 657 354 601.907 | 40 115 063 069.808 | 35 578 088 119.272 | 32 624 214 144.827 | 19 106 506 744.956 | 15 258 869 757.951 |
Current account balance, value in USD | | 25 829 396 942.139 | -89 900 870 862.716 | 41 349 869 271.011 | 64 709 958 703.515 | 88 498 007 910.160 | 228 055 514 766.442 | 329 873 429 281.383 | 351 270 402 767.058 | 383 955 025 807.601 |
Current account balance, as a percentage of GDP | | 0.216 | -0.688 | 0.305 | 0.536 | 0.680 | 1.881 | 2.592 | 2.610 | 2.778 |
Competitiveness indicator, relative consumer prices (CPI), overall weights | | 100.949 | 102.896 | 104.529 | 95.484 | 94.756 | 90.066 | 93.321 | 95.430 | 95.430 |
Nominal effective exchange rate, chain-linked, overall weights | | 103.091 | 107.130 | 110.929 | 102.838 | 103.447 | 98.948 | 103.556 | 106.500 | 106.500 |
Exchange rate, National currency per USD | | 0.730 | 0.681 | 0.718 | 0.754 | 0.719 | 0.778 | 0.751 | 0.725 | 0.725 |
Net exports of goods and services, value, National Accounts basis, USD | | 183 110 790 057.408 | 128 001 090 196.703 | 166 066 814 271.496 | 159 633 397 302.509 | 180 699 218 728.633 | 321 624 082 891.037 | 447 745 281 393.719 | 498 130 024 537.000 | 541 194 399 238.591 |
Imports of goods and services, volume, USD, 2005 prices | | 4 272 953 772 386.140 | 4 303 575 583 460.820 | 3 834 648 631 157.810 | 4 216 686 823 116.920 | 4 409 546 861 109.260 | 4 373 500 759 667.550 | 4 368 827 032 998.790 | 4 512 587 880 173.270 | 4 715 183 373 298.900 |
Share of value imports of good and services in world imports, USD | | 29.563 | 28.850 | 28.654 | 26.429 | 26.030 | 24.175 | 24.117 | 24.160 | 23.681 |
Net current international transfers, value, balance of payments basis, USD | | -131 222 127 117.052 | -148 526 893 735.146 | -145 276 210 414.031 | -150 556 056 108.115 | -153 923 087 229.946 | -147 165 257 324.296 | -167 513 843 675.102 | -177 758 529 998.305 | -183 915 380 503.542 |
Goods and services trade volume, USD, 2005 prices | | 4 373 256 734 158.370 | 4 407 160 437 090.740 | 3 892 671 979 405.160 | 4 311 449 724 871.370 | 4 553 101 867 119.610 | 4 596 819 338 597.160 | 4 619 791 063 254.220 | 4 779 668 604 013.380 | 5 001 331 202 252.990 |
Competitiveness indicator, relative unit labour costs, overall economy | | 98.094 | 99.891 | 103.704 | 94.258 | 92.406 | 86.782 | 90.375 | 92.556 | 92.556 |
Exports of goods and services, volume, USD, 2005 prices | | 4 473 559 695 930.600 | 4 510 745 290 720.660 | 3 950 695 327 652.510 | 4 406 212 626 625.820 | 4 696 656 873 129.950 | 4 820 137 917 526.770 | 4 870 755 093 509.660 | 5 046 749 327 853.480 | 5 287 479 031 207.070 |
Export market for goods and services, volume, USD, 2005 prices | | 4 573 680 401 767.220 | 4 684 578 978 511.000 | 4 158 735 901 349.420 | 4 623 576 865 692.740 | 4 885 150 905 283.600 | 4 963 411 096 661.930 | 5 055 928 037 492.410 | 5 263 525 680 184.310 | 5 535 338 357 491.310 |
Share of value exports of good and services in world exports expressed in USD | | 29.708 | 28.768 | 28.823 | 26.520 | 26.057 | 24.864 | 25.171 | 25.317 | 24.891 |
Government accounts | Gross public debt, Maastricht criterion, as a percentage of GDP | | 66.362 | 70.305 | 80.091 | 85.805 | 88.124 | 92.696 | 95.223 | 95.875 | 95.578 |
General government gross financial liabilities, as a percentage of GDP | | 72.687 | 77.941 | 88.784 | 93.881 | 95.792 | 104.273 | 106.430 | 107.145 | 106.841 |
General government net financial liabilities, as a percentage of GDP | | 43.436 | 48.167 | 55.278 | 58.137 | 60.691 | 65.859 | 68.244 | 69.401 | 69.359 |
Net government interest payments, as a percentage of GDP | | 2.606 | 2.631 | 2.491 | 2.504 | 2.626 | 2.690 | 2.613 | 2.585 | 2.576 |
Government net lending, as a percentage of GDP | | -0.691 | -2.142 | -6.355 | -6.212 | -4.145 | -3.679 | -2.853 | -2.480 | -1.764 |
Total disbursements, general government, as a percentage of GDP | | 45.979 | 47.175 | 51.274 | 51.096 | 49.519 | 49.945 | 49.472 | 49.168 | 48.571 |
Total receipts general government, as a percentage of GDP | | 45.288 | 45.033 | 44.919 | 44.884 | 45.375 | 46.266 | 46.619 | 46.688 | 46.807 |
Expenditure and GDP | Government final consumption expenditure, volume | | 1 889 818 567 541.360 | 1 933 117 731 528.630 | 1 983 628 145 444.330 | 1 995 828 554 274.470 | 1 994 283 857 882.070 | 1 982 678 717 197.580 | 1 986 898 323 462.950 | 1 993 572 779 113.020 | 1 999 604 674 001.370 |
Private final consumption expenditure, volume | | 5 148 231 780 080.050 | 5 168 010 335 570.410 | 5 122 095 337 742.020 | 5 170 925 195 219.780 | 5 184 444 787 371.310 | 5 111 759 786 713.320 | 5 079 557 528 230.310 | 5 109 426 163 873.050 | 5 168 968 449 728.710 |
Gross domestic product, value, market prices | | 9 020 648 754 436.150 | 9 216 059 517 667.930 | 8 895 646 203 241.570 | 9 136 066 153 181.100 | 9 395 844 796 479.170 | 9 460 323 809 858.600 | 9 562 569 873 044.220 | 9 756 200 081 033.370 | 10 021 157 799 672.300 |
Gross domestic product, volume, market prices | | 9 281 505 587 294.850 | 9 304 453 528 579.130 | 8 895 646 203 241.570 | 9 064 082 892 298.620 | 9 211 767 211 344.450 | 9 154 057 968 738.510 | 9 114 268 686 216.390 | 9 207 195 450 032.710 | 9 354 810 720 791.260 |
Gross fixed capital formation, total, volume | | 2 008 982 299 019.470 | 1 976 255 260 629.130 | 1 725 186 336 211.920 | 1 715 323 841 269.130 | 1 745 364 309 518.100 | 1 679 024 294 627.670 | 1 619 481 131 997.300 | 1 643 512 812 518.660 | 1 695 545 606 435.070 |
Total domestic expenditure, volume | | 9 094 807 607 731.810 | 9 113 113 405 683.780 | 8 777 888 207 378.960 | 8 883 878 119 151.240 | 8 950 541 152 750.980 | 8 755 842 650 089.870 | 8 671 727 547 372.460 | 8 738 414 666 444.010 | 8 855 371 490 416.160 |
Selected variables: ready-made growth rates | Government final consumption expenditure growth (volume) | | 2.184 | 2.291 | 2.613 | 0.615 | -0.077 | -0.582 | 0.213 | 0.336 | 0.303 |
Harmonised headline inflation | | 2.140 | 3.281 | 0.291 | 1.623 | 2.713 | 2.478 | 1.413 | 1.238 | 1.242 |
Private final consumption expenditure growth (volume) | | 1.635 | 0.384 | -0.888 | 0.953 | 0.261 | -1.402 | -0.630 | 0.588 | 1.165 |
Total employment, growth | | 1.993 | 0.893 | -1.897 | -0.326 | 0.303 | -0.705 | -0.909 | -0.031 | 0.511 |
GDP growth (volume) | | 2.981 | 0.247 | -4.394 | 1.893 | 1.629 | -0.626 | -0.435 | 1.020 | 1.603 |
Gross fixed capital formation growth (volume) | | 5.116 | -1.629 | -12.704 | -0.572 | 1.751 | -3.801 | -3.546 | 1.484 | 3.166 |
Harmonised core inflation | | 1.876 | 1.831 | 1.372 | 1.001 | 1.399 | 1.520 | 1.122 | 1.130 | 1.178 |
Private final consumption expenditure, deflator, growth | | 2.175 | 2.629 | -0.429 | 1.648 | 2.438 | 2.064 | 1.314 | 1.106 | 1.141 |
Gross domestic product, deflator, market prices, annualised rate | | 2.323 | 1.915 | 0.962 | 0.790 | 1.191 | 1.316 | 1.517 | 0.993 | 1.094 |
Total domestic expenditure growth (volume) | | 2.776 | 0.201 | -3.678 | 1.207 | 0.750 | -2.175 | -0.961 | 0.769 | 1.338 |
Goods and services trade growth, USD, 2005 prices, annualised rate | | 6.410 | 0.775 | -11.674 | 10.758 | 5.605 | 0.960 | 0.500 | 3.461 | 4.638 |
Supply block | Output gap of the total economy | | 3.460 | 2.253 | -3.094 | -2.066 | -1.330 | -2.676 | -3.828 | -3.807 | -3.392 |
Potential output of total economy, volume | | 8 971 960 238 039.330 | 9 100 916 184 440.360 | 9 182 242 560 930.940 | 9 256 800 793 417.380 | 9 339 859 944 901.520 | 9 414 963 164 777.490 | 9 490 782 657 537.270 | 9 588 087 409 121.300 | 9 702 318 135 786.580 |
NAIRU - Unemployment rate with non-accelerating inflation rate | | 8.521 | 8.644 | 9.058 | 9.354 | 9.555 | 9.855 | 10.142 | 10.211 | 10.223 |
Cyclically adjusted government net lending, as a percentage of potential GDP | | -2.170 | -3.387 | -5.276 | -5.031 | -3.421 | -2.446 | -1.034 | -0.546 | -0.048 |
Underlying government net lending, as a percentage of potential GDP | | -2.160 | -3.254 | -5.043 | -4.410 | -3.523 | -2.148 | -1.069 | -0.563 | -0.087 |
Underlying government primary balance, as a percentage of potential GDP | | 0.530 | -0.570 | -2.630 | -1.959 | -0.945 | 0.450 | 1.421 | 1.898 | 2.377 |
Household sector accounts | Household and non-profit institutions serving households net saving ratio | | 8.924 | 9.242 | 9.931 | 8.463 | 8.038 | 7.574 | 7.914 | 7.919 | 7.787 |
Prices and deflators | Consumer price index, harmonised | | 0.965 | 0.997 | 1.000 | 1.016 | 1.044 | 1.070 | 1.085 | 1.098 | 1.112 |
Private final consumption expenditure, deflator | | 0.979 | 1.004 | 1.000 | 1.016 | 1.041 | 1.063 | 1.077 | 1.089 | 1.101 |
Gross domestic product, deflator, market prices | | 0.972 | 0.990 | 1.000 | 1.008 | 1.020 | 1.033 | 1.049 | 1.059 | 1.071 |
Labour markets | Total employment | | 142 582 730.877 | 143 856 074.933 | 141 127 038.019 | 140 666 702.573 | 141 092 972.055 | 140 098 816.302 | 138 825 660.242 | 138 782 862.590 | 139 491 670.254 |
Labour force | | 154 147 071.336 | 155 579 960.121 | 155 935 996.815 | 156 327 679.121 | 156 898 486.242 | 157 905 653.954 | 157 845 191.420 | 157 947 666.394 | 158 215 556.152 |
Labour productivity of the total economy | | 1.031 | 1.026 | 1.000 | 1.024 | 1.036 | 1.036 | 1.040 | 1.051 | 1.062 |
Unit labour cost in total economy | | 0.922 | 0.960 | 1.000 | 0.993 | 0.999 | 1.011 | 1.021 | 1.026 | 1.034 |
Unemployment, level | | 11 564 340.459 | 11 723 885.188 | 14 808 958.795 | 15 660 976.548 | 15 805 514.187 | 17 806 837.651 | 19 019 531.179 | 19 164 803.804 | 18 723 885.898 |
Unemployment rate | | 7.502 | 7.536 | 9.497 | 10.018 | 10.074 | 11.277 | 12.049 | 12.134 | 11.834 |
Compensation rate, total economy | | 33 678.429 | 34 836.206 | 35 335.237 | 35 959.313 | 36 639.356 | 37 145.958 | 37 701.573 | 38 335.003 | 39 120.075 |
Monetary data | Long-term interest rate on government bonds | | 4.322 | 4.302 | 3.798 | 3.550 | 4.243 | 3.687 | 2.901 | 3.205 | 3.519 |
Short-term interest rate | | 4.279 | 4.634 | 1.236 | 0.812 | 1.391 | 0.573 | 0.184 | 0.056 | 0.345 |