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 item0.0862.0391.6992.0263.1762.6751.9371.9992.3402.024
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 item353 188 949 494.289368 651 823 548.101385 337 173 188.922401 970 384 578.753423 561 167 110.452447 338 428 210.202457 147 075 342.981468 858 213 974.597376 111 412 147.231397 456 847 111.969
Goods and services trade, volume in USDInformation on itemUS Dollar, 2015Information on item339 844 633 913.654347 225 535 660.476366 642 795 824.961383 792 114 075.814399 431 215 153.343423 792 135 012.189435 263 448 635.866443 656 516 221.276353 171 376 537.239376 217 137 417.044
Imports of goods and services, volume in USD (national accounts basis)Information on itemUS Dollar, 2015Information on item326 500 318 333.019325 799 247 772.850347 948 418 461.000365 613 843 572.875375 301 263 196.234400 245 841 814.176413 379 821 928.750418 454 818 467.954330 231 340 927.248354 977 427 722.119
Government accountsGeneral government gross financial assets as a percentage of GDPInformation on itemPercentageInformation on item34.97037.60538.58837.11535.86535.90736.00934.42942.81037.588
General government gross financial liabilities as a percentage of GDPInformation on itemRatioInformation on item93.456106.557119.499117.095117.351115.794114.726117.130151.206150.431
General government net lending as a percentage of GDPInformation on itemPercentageInformation on item-10.736-7.036-5.915-5.177-4.305-3.024-2.537-2.826-12.478-9.636
General government primary balance as a percentage of GDPInformation on itemPercentageInformation on item-8.190-4.110-2.974-2.565-1.869-0.741-0.312-0.756-10.150-7.549
Gross public debt, Maastricht criterion as a percentage of GDPInformation on itemPercentageInformation on item86.30795.782100.70099.30399.16698.55697.60195.466129.541128.766
Expenditure and GDPChange in inventories, contributions to changes in real GDPInformation on itemPercentage, 2015Information on item-0.648-0.0280.2970.934-0.155-0.0070.2050.0580.0880.000
Exports of goods and services, volume (national accounts basis)Information on itemEuro, 2015Information on item318 382 000 000.000332 321 000 000.000347 362 000 000.000362 356 000 000.000381 819 000 000.000403 253 000 000.000412 095 000 000.000422 652 000 000.000339 045 442 372.189358 287 273 931.964
Government final consumption expenditure, volumeInformation on itemEuro, 2015Information on item211 855 000 000.000207 313 000 000.000205 889 000 000.000209 910 000 000.000211 974 000 000.000214 064 000 000.000218 052 000 000.000223 067 000 000.000230 173 193 806.695232 947 726 362.190
Gross capital formation, total, volumeInformation on itemEuro, 2015Information on item182 970 000 000.000175 738 000 000.000186 007 000 000.000204 701 000 000.000207 599 000 000.000219 264 000 000.000232 715 000 000.000237 351 000 000.000182 059 637 833.622192 659 581 997.823
Gross domestic product, nominal value, market pricesInformation on itemEuroInformation on item1 031 099 000 000.0001 020 348 000 000.0001 032 158 000 000.0001 077 590 000 000.0001 113 840 000 000.0001 161 878 000 000.0001 202 193 000 000.0001 245 331 000 000.0001 073 734 374 436.7201 127 725 852 621.000
Gross domestic product, volume in USD, at constant purchasing power paritiesInformation on itemUS Dollar, 2015Information on item1 562 748 414 157.9501 540 313 825 198.4601 561 630 371 392.0401 621 523 154 929.8601 670 676 407 888.5701 718 991 504 964.9101 759 400 549 965.7801 794 222 390 673.5001 536 570 923 340.2701 613 053 721 201.880
Gross domestic product, volume in USD, constant exchange ratesInformation on itemUS Dollar, 2015Information on item1 152 197 839 406.0701 135 657 054 790.3901 151 373 518 326.8901 195 531 832 719.0901 231 772 005 062.7101 267 394 213 959.3701 297 187 374 471.1001 322 861 148 486.2201 132 897 452 928.0301 189 287 409 014.060
Gross domestic product, volume, market pricesInformation on itemEuro, 2015Information on item1 038 531 000 000.0001 023 622 000 000.0001 037 788 000 000.0001 077 590 000 000.0001 110 255 000 000.0001 142 363 000 000.0001 169 217 000 000.0001 192 358 000 000.0001 021 134 638 903.0601 071 961 602 364.620
Gross fixed capital formation, total, volumeInformation on itemEuro, 2015Information on item184 846 000 000.000177 853 000 000.000185 112 000 000.000194 124 000 000.000198 697 000 000.000210 435 000 000.000221 566 000 000.000225 532 000 000.000169 812 058 767.223180 284 284 904.569
Imports of goods and services, volume (national accounts basis)Information on itemEuro, 2015Information on item294 333 000 000.000293 701 000 000.000313 668 000 000.000329 593 000 000.000338 326 000 000.000360 813 000 000.000372 653 000 000.000377 228 000 000.000297 696 436 454.928320 004 500 354.473
Net exports, contributions to changes in real GDPInformation on itemPercentage, 2015Information on item1.9841.440-0.482-0.0970.996-0.085-0.2660.502-0.141-0.336
Private final consumption expenditure, volumeInformation on itemEuro, 2015Information on item619 901 000 000.000601 999 000 000.000612 170 000 000.000630 215 000 000.000647 189 000 000.000666 484 000 000.000678 789 000 000.000686 278 000 000.000567 787 424 179.375607 921 555 457.225
Selected variables: ready-made growth ratesExports of goods and services, volume, growth (national accounts basis)Information on itemPercentage, 2015Information on item0.9364.3784.5264.3175.3715.6142.1932.562-19.7815.675
Government final consumption expenditure, volume, growthInformation on itemPercentage, 2015Information on item-4.208-2.144-0.6871.9530.9830.9861.8632.3003.1861.205
Gross domestic product, market prices, deflator, growthInformation on itemPercentage, 2015Information on item-0.1150.399-0.2230.5450.3231.3811.0931.5780.6780.048
Gross domestic product, nominal value, growthInformation on itemPercentageInformation on item-3.071-1.0431.1574.4023.3644.3133.4703.588-13.7795.028
Gross domestic product, volume, growthInformation on itemPercentage, 2015Information on item-2.959-1.4361.3843.8353.0312.8922.3511.979-14.3604.977
Gross fixed capital formation, total, volume, growthInformation on itemPercentage, 2015Information on item-7.415-3.7834.0814.8682.3565.9075.2901.790-24.7066.167
Harmonised core inflationInformation on itemPercentage, 2015Information on item1.2801.258-0.1040.3350.6671.2431.0431.0630.343-0.021
Harmonised headline inflationInformation on itemPercentage, 2015Information on item2.4361.530-0.190-0.629-0.3372.0361.7360.780-0.150-0.185
Imports of goods and services, volume, growth (national accounts basis)Information on itemPercentage, 2015Information on item-5.835-0.2156.7985.0772.6506.6473.2811.228-21.0837.494
Private final consumption expenditure, volume, growthInformation on itemPercentage, 2015Information on item-3.318-2.8881.6902.9482.6932.9811.8461.103-17.2667.069
Household sector accountsNet disposable income of households and non-profit institutions serving householdsInformation on itemEuroInformation on item629 440 000 000.000629 150 000 000.000628 963 000 000.000653 814 000 000.000671 205 000 000.000690 266 000 000.000715 508 000 000.000743 258 000 000.000695 873 123 199.178716 167 704 025.794
Prices and deflatorsConsumer price index, harmonisedInformation on itemIndex, 2015Information on item0.9931.0081.0061.0000.9971.0171.0351.0431.0411.039
Core inflation index, harmonisedInformation on itemIndex, 2015Information on item0.9850.9980.9971.0001.0071.0191.0301.0411.0441.044
Exports of goods and services, deflator (national accounts basis)Information on itemIndex, 2015Information on item1.0191.0120.9951.0000.9881.0141.0241.0271.0131.004
Gross domestic product, market prices, deflatorInformation on itemIndex, 2015Information on item0.9930.9970.9951.0001.0031.0171.0281.0441.0521.052
Imports of goods and services, deflator (national accounts basis)Information on itemIndex, 2015Information on item1.0301.0091.0001.0000.9841.0181.0451.0581.0351.025
Purchasing power parity, national currency per USDInformation on itemEuroInformation on item0.6950.6750.6620.6650.6430.6300.6350.6330.6330.633
Labour marketsLabour forceInformation on itemPersonsInformation on item23 443 700.00023 190 125.00022 954 575.00022 922 025.00022 822 725.00022 741 725.00022 806 850.00023 027 074.99923 182 885.67723 326 637.982
Total employment (labour force survey basis)Information on itemPersonsInformation on item17 632 675.00017 139 000.00017 344 175.00017 866 050.00018 341 550.00018 824 800.00019 327 725.00019 779 300.00018 518 099.72218 217 298.722
Unemployment rateInformation on itemPercentageInformation on item24.78726.09424.44122.05719.63517.22415.25514.10420.12221.903
Monetary dataLong-term interest rate on government bondsInformation on itemPercentageInformation on item5.8474.5622.7221.7351.3931.5581.4190.6610.5100.560
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 29 Nov 2020 08:21 UTC (GMT) from OECD.Stat

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