External sectors, trade and payments | Balance of income, value in USD, balance of payments basis | | -12 743 545 396.566 | -15 606 760 057.086 | -12 482 777 176.272 | -10 171 540 956.804 | -11 964 910 691.983 | -3 983 499 701.480 | -4 742 947 443.411 | -5 892 229 037.510 | -6 897 027 381.199 |
Current account balance, value in USD | | -44 864 944 586.437 | -51 153 885 928.668 | -36 037 056 202.015 | -30 005 945 199.342 | -28 737 409 453.969 | -8 467 472 068.614 | -896 567 345.586 | 3 120 491 184.621 | 5 627 870 024.576 |
Current account balance, as a percentage of GDP | | -14.609 | -14.922 | -11.173 | -10.131 | -9.895 | -3.372 | -0.383 | 1.268 | 2.286 |
Competitiveness indicator, relative consumer prices (CPI), overall weights | | 102.504 | 104.713 | 106.393 | 105.229 | 105.855 | 102.052 | 101.203 | 102.084 | 102.084 |
Contribution to world trade volume, goods and services expressed in USD, 2005 prices | | 0.023 | -0.015 | -0.022 | 0.002 | -0.008 | -0.006 | -0.001 | 0.003 | 0.004 |
Nominal effective exchange rate, chain-linked, overall weights | | 101.535 | 103.722 | 105.545 | 101.986 | 102.498 | 100.063 | 102.017 | 103.431 | 103.431 |
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 | | -43 361 592 010.835 | -49 822 250 583.090 | -36 917 766 769.409 | -27 367 833 326.790 | -23 520 328 706.491 | -12 542 145 644.159 | -4 292 177 641.270 | 1 156 389 167.566 | 4 668 566 351.209 |
Imports of goods and services, volume, USD, 2005 prices | | 99 288 143 049.267 | 100 179 180 066.662 | 79 935 337 973.130 | 75 004 270 768.362 | 69 497 678 559.715 | 59 929 424 367.674 | 55 223 970 673.618 | 54 295 106 887.230 | 55 319 418 606.610 |
Import penetration, goods and services | | 0.273 | 0.275 | 0.238 | 0.236 | 0.236 | 0.221 | 0.213 | 0.210 | 0.211 |
Share of value imports of good and services in world imports, USD | | 0.693 | 0.686 | 0.645 | 0.511 | 0.447 | 0.368 | 0.334 | 0.312 | 0.291 |
Net current international transfers, value, balance of payments basis, USD | | 2 174 419 192.316 | 4 109 661 137.863 | 1 768 131 560.193 | 107 906 363.068 | 755 891 672.204 | 1 840 631 794.036 | 2 384 238 592.964 | 1 931 167 666.736 | 1 931 167 666.736 |
Goods and services trade volume, USD, 2005 prices | | 80 798 677 227.970 | 81 762 134 620.166 | 65 489 804 693.229 | 64 348 036 387.888 | 61 682 707 249.332 | 56 241 581 410.556 | 54 503 657 686.186 | 55 818 992 643.394 | 58 559 208 404.110 |
Competitiveness indicator, relative unit labour costs, overall economy | | 100.602 | 103.402 | 106.577 | 102.203 | 98.625 | 87.414 | 80.029 | 79.335 | 79.335 |
Exports of goods and services, volume, USD, 2005 prices | | 62 309 211 406.672 | 63 345 089 173.669 | 51 044 271 413.328 | 53 691 802 007.414 | 53 867 735 938.950 | 52 553 738 453.438 | 53 783 344 698.754 | 57 342 878 399.559 | 61 798 998 201.611 |
Export market for goods and services, volume, USD, 2005 prices | | 57 674 254 017.132 | 59 908 264 880.623 | 53 092 369 003.242 | 58 740 288 371.461 | 62 440 324 440.214 | 64 272 866 174.167 | 66 061 873 645.797 | 69 025 058 786.770 | 72 848 518 273.776 |
Export performance for goods and services, volume | | 1.080 | 1.057 | 0.961 | 0.914 | 0.863 | 0.818 | 0.814 | 0.831 | 0.848 |
Share of value exports of good and services in world exports expressed in USD | | 0.421 | 0.418 | 0.392 | 0.349 | 0.328 | 0.300 | 0.303 | 0.306 | 0.299 |
Government accounts | Gross public debt, Maastricht criterion, as a percentage of GDP | | 107.232 | 112.901 | 129.691 | 148.328 | 170.306 | 156.992 | 176.640 | 181.255 | 182.961 |
General government gross financial liabilities, as a percentage of GDP | | 119.294 | 122.432 | 138.320 | 157.304 | 179.868 | 167.292 | 186.940 | 191.555 | 193.260 |
General government net financial liabilities, as a percentage of GDP | | 85.610 | 93.954 | 104.033 | 120.669 | 142.508 | 102.482 | 123.030 | 129.543 | 132.349 |
Net government interest payments, as a percentage of GDP | | 4.548 | 4.816 | 4.932 | 5.631 | 6.803 | 4.527 | 3.659 | 4.310 | 4.639 |
Government net lending, as a percentage of GDP | | -6.761 | -9.926 | -15.626 | -10.827 | -9.590 | -9.027 | -2.351 | -2.158 | -1.408 |
Government net lending, percentage of GDP, country specific | | -6.761 | -9.926 | -15.626 | -10.827 | -9.590 | -9.027 | -4.077 | -3.561 | -2.811 |
Total disbursements, general government, as a percentage of GDP | | 47.501 | 50.598 | 53.980 | 51.429 | 52.000 | 53.646 | 47.876 | 47.896 | 47.184 |
Total receipts general government, as a percentage of GDP | | 40.739 | 40.672 | 38.354 | 40.602 | 42.410 | 44.619 | 45.525 | 45.738 | 45.776 |
Expenditure and GDP | Government final consumption expenditure, volume | | 38 575 294 093.000 | 37 559 194 484.000 | 39 397 913 425.000 | 35 988 098 032.000 | 34 129 100 879.000 | 32 684 544 235.000 | 31 094 829 784.007 | 29 837 070 334.289 | 28 646 247 824.674 |
Private final consumption expenditure, volume | | 145 644 381 874.000 | 151 852 233 229.000 | 149 476 008 299.000 | 140 138 230 722.000 | 129 321 496 958.000 | 117 591 793 378.000 | 110 122 038 717.575 | 107 279 566 697.909 | 107 856 794 921.854 |
Gross domestic product, value, market prices | | 223 160 797 413.466 | 233 198 816 247.069 | 231 079 451 047.816 | 222 151 725 145.273 | 208 531 118 350.764 | 193 594 950 318.778 | 182 715 596 289.715 | 178 453 474 312.101 | 178 479 389 963.468 |
Gross domestic product, volume, market prices | | 210 894 601 274.281 | 210 442 584 654.993 | 203 842 878 016.844 | 193 768 101 783.652 | 180 001 196 150.327 | 168 462 444 572.007 | 162 637 244 315.147 | 161 923 322 680.364 | 164 822 734 521.469 |
Gross fixed capital formation, housing, volume | | 26 122 000 000.000 | 17 349 000 000.000 | 13 764 000 000.000 | 10 785 000 000.000 | 8 847 154 065.523 | 5 938 838 238.291 | 4 047 266 464.439 | 3 631 947 733.346 | 3 570 294 767.662 |
Gross fixed capital formation, total, volume | | 56 468 078 964.000 | 48 382 612 021.000 | 41 748 690 136.000 | 35 473 051 435.000 | 28 519 454 567.000 | 23 037 800 219.000 | 20 816 088 356.926 | 20 559 183 374.445 | 20 964 407 314.665 |
Total domestic expenditure, volume | | 242 248 778 834.476 | 241 559 809 564.327 | 228 258 311 566.735 | 212 064 268 104.978 | 193 516 212 070.908 | 175 316 100 294.714 | 165 380 193 398.344 | 160 726 633 265.996 | 160 676 017 406.080 |
Selected variables: ready-made growth rates | Government final consumption expenditure growth (volume) | | 7.103 | -2.634 | 4.896 | -8.655 | -5.166 | -4.233 | -4.864 | -4.045 | -3.991 |
Harmonised headline inflation | | 2.989 | 4.232 | 1.349 | 4.701 | 3.119 | 1.037 | -0.733 | -1.583 | -1.425 |
Private final consumption expenditure growth (volume) | | 3.591 | 4.262 | -1.565 | -6.247 | -7.719 | -9.070 | -6.352 | -2.581 | 0.538 |
Total employment, growth | | 1.293 | 1.099 | -1.113 | -2.662 | -6.789 | -8.011 | -4.727 | -1.509 | 0.694 |
Final domestic expenditure growth (volume) | | 8.141 | -1.168 | -2.988 | -8.400 | -9.250 | -9.711 | -6.506 | -2.664 | -0.031 |
GDP growth (volume) | | 3.538 | -0.214 | -3.136 | -4.942 | -7.105 | -6.410 | -3.458 | -0.439 | 1.791 |
Gross fixed capital formation growth (volume) | | 22.784 | -14.319 | -13.711 | -15.032 | -19.602 | -19.221 | -9.644 | -1.234 | 1.971 |
Imports of goods and services growth (volume) | | 14.500 | 0.897 | -20.208 | -6.169 | -7.342 | -13.768 | -7.852 | -1.682 | 1.887 |
Harmonised core inflation | | 3.095 | 3.120 | 2.263 | 2.612 | 1.078 | -0.329 | -2.142 | -1.694 | -1.525 |
Private final consumption expenditure, deflator, growth | | 3.091 | 4.194 | 0.680 | 4.025 | 3.386 | 0.921 | -1.418 | -1.616 | -1.427 |
Gross domestic product, deflator, market prices, annualised rate | | 3.315 | 4.723 | 2.299 | 1.135 | 1.048 | -0.804 | -2.239 | -1.902 | -1.745 |
Total domestic expenditure growth (volume) | | 6.272 | -0.284 | -5.507 | -7.095 | -8.746 | -9.405 | -5.667 | -2.814 | -0.031 |
Goods and services trade growth, USD, 2005 prices, annualised rate | | 11.536 | 1.192 | -19.902 | -1.743 | -4.142 | -8.821 | -3.090 | 2.413 | 4.909 |
Exports of goods and services growth (volume) | | 7.118 | 1.662 | -19.419 | 5.187 | 0.328 | -2.439 | 2.340 | 6.618 | 7.771 |
Export performance for total goods and services growth | | -1.381 | -2.129 | -9.074 | -4.927 | -5.617 | -5.221 | -0.432 | 2.041 | 2.115 |
Supply block | Output gap of the total economy | | 8.074 | 6.610 | 3.100 | -1.479 | -7.630 | -12.608 | -13.644 | -13.063 | -11.368 |
Potential output of total economy, volume | | 195 138 501 907.526 | 197 394 463 817.759 | 197 714 341 302.903 | 196 676 591 542.260 | 194 869 803 779.228 | 192 765 837 714.230 | 188 333 839 006.870 | 186 253 286 243.996 | 185 963 629 448.353 |
Productive capital stocks, volume | | 303 915 528 711.207 | 322 817 179 353.774 | 337 976 642 120.828 | 348 988 203 705.662 | 353 931 131 075.359 | 356 325 974 708.152 | 358 887 511 222.893 | 361 548 539 192.548 | 363 952 316 295.085 |
NAIRU - Unemployment rate with non-accelerating inflation rate | | 10.826 | 11.154 | 11.837 | 12.503 | 12.929 | 13.295 | 15.552 | 16.818 | 17.466 |
Cyclically adjusted government net lending, as a percentage of potential GDP | | -10.422 | -13.214 | -17.355 | -10.101 | -5.756 | -2.418 | 3.646 | 3.591 | 3.504 |
Underlying government net lending, as a percentage of potential GDP | | -10.886 | -13.030 | -16.355 | -10.409 | -6.762 | -0.538 | 1.400 | 1.583 | 1.492 |
Underlying government primary balance, as a percentage of potential GDP | | -5.971 | -7.896 | -11.270 | -4.861 | -0.478 | 3.418 | 4.560 | 5.330 | 5.604 |
Prices and deflators | Consumer price index, harmonised | | 1.064 | 1.109 | 1.124 | 1.177 | 1.214 | 1.226 | 1.217 | 1.198 | 1.181 |
Private final consumption expenditure, deflator | | 1.066 | 1.111 | 1.118 | 1.164 | 1.203 | 1.214 | 1.197 | 1.177 | 1.161 |
Gross domestic product, deflator, market prices | | 1.058 | 1.108 | 1.134 | 1.146 | 1.158 | 1.149 | 1.123 | 1.102 | 1.083 |
Imports of goods and services, deflator, National Accounts basis | | 1.060 | 1.118 | 1.105 | 1.161 | 1.237 | 1.288 | 1.260 | 1.243 | 1.231 |
Exports of goods and services, deflator, National Accounts basis | | 1.060 | 1.106 | 1.085 | 1.145 | 1.207 | 1.239 | 1.220 | 1.196 | 1.171 |
Labour markets | Total employment | | 4 509 825.000 | 4 559 375.000 | 4 508 650.000 | 4 388 625.000 | 4 090 700.000 | 3 762 975.000 | 3 585 096.488 | 3 530 981.684 | 3 555 480.633 |
Labour force | | 4 916 750.000 | 4 937 225.000 | 4 979 750.000 | 5 017 325.000 | 4 967 600.000 | 4 966 800.000 | 4 925 492.712 | 4 842 024.928 | 4 841 521.986 |
Labour productivity of the total economy | | 1.057 | 1.042 | 1.015 | 0.991 | 0.975 | 0.995 | 1.009 | 1.020 | 1.031 |
Unit labour cost in total economy | | 1.036 | 1.098 | 1.160 | 1.157 | 1.134 | 1.058 | 0.964 | 0.907 | 0.868 |
Unemployment, level | | 406 925.000 | 377 850.000 | 471 100.000 | 628 700.000 | 876 900.000 | 1 203 825.000 | 1 340 396.224 | 1 311 043.244 | 1 286 041.353 |
Unemployment rate | | 8.276 | 7.653 | 9.460 | 12.531 | 17.652 | 24.237 | 27.213 | 27.076 | 26.563 |
Compensation rate, total economy | | 24 823.835 | 25 711.687 | 26 620.541 | 25 935.101 | 25 059.527 | 24 005.225 | 22 239.173 | 21 222.874 | 20 770.836 |
Monetary data | Long-term interest rate on government bonds | | 4.500 | 4.803 | 5.174 | 9.092 | 15.749 | 22.498 | 9.766 | 8.387 | 7.811 |
Short-term interest rate | | 4.278 | 4.634 | 1.228 | 0.811 | 1.391 | 0.573 | 0.184 | 0.056 | 0.345 |