With COVID-19 extraordinary uncertainty, this Economic Outlook presents two possible scenarios, Please check the other forecast scenario: Single-hit

CountryInformation on item
FrequencyAnnual
Time2012201320142015201620172018201920202021
VariableUnit
External sectors, trade and paymentsCurrent account balance as a percentage of GDPInformation on itemPercentageInformation on item-1.6131.6360.1580.2301.1721.3020.388-0.086-0.132-0.106
Exchange rate, national currency per USDInformation on itemEuroInformation on item0.7780.7530.7540.9010.9040.8870.8470.8930.9190.924
Exchange rate, USD per national currencyInformation on itemUS DollarInformation on item1.2861.3281.3291.1091.1061.1291.1811.1191.0881.082
Exports of goods and services, volume in USD (national accounts basis)Information on itemUS Dollar, 2015Information on item68 152 111 371.91973 060 635 900.11076 204 822 494.35780 976 413 160.47584 564 194 468.68891 672 345 104.93695 801 044 995.65199 368 344 131.26280 892 260 699.89383 631 295 946.134
Goods and services trade, volume in USDInformation on itemUS Dollar, 2015Information on item66 638 633 206.89670 617 017 803.43574 889 037 675.84780 236 116 898.60684 022 255 747.23290 958 206 408.30495 608 553 788.06999 905 483 950.91582 318 605 667.29085 220 851 225.204
Imports of goods and services, volume in USD (national accounts basis)Information on itemUS Dollar, 2015Information on item65 125 155 041.87368 173 399 706.76073 573 252 857.33879 495 820 636.73783 480 317 025.77690 244 067 711.67295 416 062 580.487100 442 623 770.56883 744 950 634.68686 810 406 504.273
Government accountsGeneral government gross financial assets as a percentage of GDPInformation on itemPercentageInformation on item48.57244.30144.82541.56743.38138.67136.13237.61739.43035.865
General government gross financial liabilities as a percentage of GDPInformation on itemRatioInformation on item139.365142.783152.752150.173146.030145.121138.399137.569159.797157.826
General government net lending as a percentage of GDPInformation on itemPercentageInformation on item-6.180-5.105-7.356-4.449-1.935-2.956-0.4420.190-9.486-7.352
General government primary balance as a percentage of GDPInformation on itemPercentageInformation on item-1.903-0.929-3.004-0.1721.9490.6522.7933.056-6.519-4.716
Gross public debt, Maastricht criterion as a percentage of GDPInformation on itemPercentageInformation on item129.035131.430132.941131.179131.506126.143122.004117.738139.966137.995
Expenditure and GDPChange in inventories, contributions to changes in real GDPInformation on itemPercentage, 2016Information on item-0.155-0.0330.2570.0150.0060.1020.0950.029-0.5620.000
Exports of goods and services, volume (national accounts basis)Information on itemEuro, 2016Information on item60 435 327 000.00064 788 065 000.00067 576 239 000.00071 807 548 000.00074 989 089 000.00081 292 392 000.00084 953 604 000.00088 116 982 000.00071 732 924 024.73774 161 821 493.046
Government final consumption expenditure, volumeInformation on itemEuro, 2016Information on item33 160 330 000.00032 466 509 000.00032 267 756 000.00032 536 840 000.00032 799 599 000.00032 863 588 000.00033 148 205 000.00033 499 422 000.00034 785 344 466.36735 150 964 258.113
Gross capital formation, total, volumeInformation on itemEuro, 2016Information on item27 519 154 000.00026 127 851 000.00027 190 154 000.00028 797 123 000.00029 526 046 000.00033 036 545 000.00035 093 396 000.00037 385 940 000.00030 947 847 689.62531 668 892 211.482
Gross domestic product, nominal value, market pricesInformation on itemEuroInformation on item168 295 569 000.000170 492 269 000.000173 053 691 000.000179 713 159 000.000186 489 811 000.000195 947 210 000.000204 304 761 000.000212 319 328 000.000191 392 447 218.466201 006 155 981.595
Gross domestic product, volume in USD, at constant purchasing power paritiesInformation on itemUS Dollar, 2015Information on item302 314 420 928.991299 525 135 809.474301 897 945 493.030307 308 098 166.320313 514 142 819.933324 507 024 854.823333 065 071 811.239340 273 944 125.797301 750 168 502.882316 107 620 210.185
Gross domestic product, volume in USD, constant exchange ratesInformation on itemUS Dollar, 2015Information on item196 137 786 491.336194 328 133 456.743195 867 582 476.965199 377 621 351.916203 404 024 913.763210 536 068 244.207216 088 421 259.860220 765 446 770.357195 771 706 628.062205 086 640 361.204
Gross domestic product, volume, market pricesInformation on itemEuro, 2016Information on item179 827 804 000.000178 168 634 000.000179 580 069 000.000182 798 228 000.000186 489 813 000.000193 028 786 000.000198 119 429 000.000202 407 533 000.000179 492 165 778.121188 032 509 317.230
Gross fixed capital formation, total, volumeInformation on itemEuro, 2016Information on item27 318 762 000.00026 005 957 000.00026 601 100 000.00028 175 661 000.00028 893 362 000.00032 212 916 000.00034 088 223 000.00036 328 517 000.00030 992 695 494.34331 726 359 080.335
Imports of goods and services, volume (national accounts basis)Information on itemEuro, 2016Information on item56 831 601 000.00059 491 658 000.00064 203 851 000.00069 372 192 000.00072 849 271 000.00078 751 672 000.00083 265 024 000.00087 651 463 000.00073 080 204 065.15875 755 280 458.474
Net exports, contributions to changes in real GDPInformation on itemPercentage, 2016Information on item3.4870.929-1.346-0.707-0.1990.215-0.467-0.653-0.873-0.123
Private final consumption expenditure, volumeInformation on itemEuro, 2016Information on item115 091 066 000.000113 890 994 000.000116 602 440 000.000118 978 917 000.000122 024 350 000.000124 587 933 000.000128 189 248 000.000131 056 652 000.000114 965 287 688.680122 755 824 583.945
Selected variables: ready-made growth ratesExports of goods and services, volume, growth (national accounts basis)Information on itemPercentage, 2016Information on item3.0817.2024.3046.2624.4318.4064.5043.724-18.5943.386
Government final consumption expenditure, volume, growthInformation on itemPercentage, 2016Information on item-3.557-2.092-0.6120.8340.8080.1950.8661.0603.8391.051
Gross domestic product, market prices, deflator, growthInformation on itemPercentage, 2016Information on item-0.3882.2490.7052.0201.7171.5121.5861.7211.6520.253
Gross domestic product, nominal value, growthInformation on itemPercentageInformation on item-4.4301.3051.5023.8483.7715.0714.2653.923-9.8565.023
Gross domestic product, volume, growthInformation on itemPercentage, 2016Information on item-4.057-0.9230.7921.7922.0193.5062.6372.164-11.3214.758
Gross fixed capital formation, total, volume, growthInformation on itemPercentage, 2016Information on item-16.713-4.8062.2885.9192.54711.4895.8226.572-14.6882.367
Harmonised core inflationInformation on itemPercentage, 2016Information on item1.1850.1210.1760.5950.8781.2480.8090.4360.0960.071
Harmonised headline inflationInformation on itemPercentage, 2016Information on item2.7760.440-0.1600.5080.6361.5561.1680.3000.0930.028
Imports of goods and services, volume, growth (national accounts basis)Information on itemPercentage, 2016Information on item-6.2764.6817.9218.0505.0128.1025.7315.268-16.6243.660
Private final consumption expenditure, volume, growthInformation on itemPercentage, 2016Information on item-5.319-1.0432.3812.0382.5602.1012.8912.237-12.2786.776
Household sector accountsGross disposable income of household and non-profit institutions serving householdsInformation on itemEuroInformation on item123 822 230 000.000122 732 963 000.000122 394 645 000.000126 586 105 000.000131 371 578 679.940135 497 634 177.694141 421 179 000.000146 168 548 000.000151 364 479 282.786152 692 899 258.961
Prices and deflatorsConsumer price index, harmonisedInformation on itemIndex, 2016Information on item0.9860.9900.9890.9941.0001.0161.0271.0301.0311.032
Core inflation index, harmonisedInformation on itemIndex, 2016Information on item0.9830.9840.9850.9911.0001.0121.0211.0251.0261.027
Exports of goods and services, deflator (national accounts basis)Information on itemIndex, 2016Information on item1.0521.0421.0301.0161.0001.0301.0511.0571.0541.061
Gross domestic product, market prices, deflatorInformation on itemIndex, 2016Information on item0.9360.9570.9640.9831.0001.0151.0311.0491.0661.069
Imports of goods and services, deflator (national accounts basis)Information on itemIndex, 2016Information on item1.1331.1041.0801.0331.0001.0381.0621.0611.0451.051
Purchasing power parity, national currency per USDInformation on itemEuroInformation on item0.6050.5840.5790.5850.5710.5750.5790.5740.5720.572
Labour marketsLabour forceInformation on itemPersonsInformation on item5 382 600.0005 284 600.0005 225 575.0005 195 175.0005 178 275.0005 219 425.0005 232 600.0005 252 550.0005 244 286.4475 279 356.256
Total employment (labour force survey basis)Information on itemPersonsInformation on item4 546 875.0004 429 375.0004 499 550.0004 548 675.0004 605 225.0004 756 600.0004 866 650.0004 913 075.0004 564 163.4334 655 603.571
Unemployment rateInformation on itemPercentageInformation on item15.52616.18313.89412.44411.0668.8676.9946.46312.96911.815
Monetary dataLong-term interest rate on government bondsInformation on itemPercentageInformation on item10.5476.2933.7542.4233.1723.0531.8390.7580.4730.483
Short-term interest rateInformation on itemPercentageInformation on item0.5730.2210.210-0.019-0.264-0.329-0.322-0.356-0.401-0.399
Data extracted on 21 Sep 2020 15:30 UTC (GMT) from OECD.Stat

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