1. INTERNATIONAL OVERVIEW. 1.0 Area and population. population (1,000) area
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1 1.0 Area and population area population (1,000) km inhabitants per km 2 Belgium 30,530 10,251 10,920 11, Germany 357,380 82,212 81,777 82, Estonia 45,230 1,397 1,331 1, Finland 338,420 5,176 5,363 5, France 549,087 60,762 64,819 67, Greece 131,960 10,806 11,121 10, Ireland 70,280 3,805 4,560 4, Italy 301,340 56,942 59,277 60, Latvia 64,490 2,368 2,098 1, Lithuania 65,286 3,500 3,097 2, Luxembourg 2, Malta ,485 Netherlands 41,540 15,926 16,615 17, Austria 83,879 8,012 8,363 8, Portugal 92,225 10,290 10,573 10, Slovakia 49,035 5,389 5,391 5, Slovenia 20,270 1,989 2,049 2, Spain 505,940 40,568 46,577 46, Cyprus 9, Euro area (19) 2,759, , , , Bulgaria 111,000 8,170 7,396 7, Denmark 42,922 5,340 5,548 5, United Kingdom 243,610 58,893 62,766 66, Croatia 56,590 4,397 4,296 4, Poland 312,680 38,259 38,043 37, Romania 238,390 22,443 20,247 19, Sweden 447,420 8,872 9,378 10, Czech Republic 78,870 10,255 10,474 10, Hungary 93,030 10,211 10,000 9, EU (28) 4,383, , , , Albania 28,750 3,047 2,913 2, Iceland 103, Macedonia 25,710 2,026 2,055 2, Montenegro 13, Serbia 88,360 7,516 7,279 7, Turkey 785,350 64,252 73,142 81, Switzerland 41,290 7,184 7,828 8, Norway 385,178 4,491 4,889 5, United States 9,831, , , , Japan 377, , , , estimate (EU-Commission, May 2018) source: EU-Commission, WB 7
2 1.1 Gross domestic product (GDP) Gross Domestic Product (GDP) 1 billion EUR %-share 2017 of EU (28) Belgium Germany 2, , , , , Estonia Finland France 1, , , , , Greece Ireland Italy 1, , , , , Latvia Lithuania Luxembourg Malta Netherlands Austria Portugal Slovakia Slovenia Spain , , , , Cyprus Euro area (19) 7, , , , , Bulgaria Denmark United Kingdom 1, , , , , Croatia Poland Romania Sweden Czech Republic Hungary EU (28) 9, , , , , Albania Iceland Macedonia Montenegro Serbia Turkey Switzerland Norway United States 11, , , , ,523.9 Japan 5, , , , , at current prices and current exchange rates source: EU-Commission, OECD 2 estimate (EU-Commission, May 2018) 8
3 Gross domestic product (GDP) 2018 billion EUR 1 Germany United Kingdom France Italy Spain Netherlands Turkey Switzerland Poland Sweden Belgium Austria Norway Ireland Denmark Finland Czech Republic Romania Portugal Greece Hungary Slovakia 90.7 Luxembourg 58.3 Bulgaria 53.5 Croatia 51.3 Slovenia 46.5 Lithuania 44.3 Serbia 39.8 Latvia 28.5 Estonia 24.7 Iceland 21.9 Cyprus 20.2 Albania 12.6 Malta 12.0 Macedonia 10.8 Montenegro 4.5 1, , , , , estimate (EU-Commission, May 2018) source: EU-Commission 9
4 1.2 Gross domestic product (GDP) per capita GDP per head, in EUR at PPP Belgium 24,526 30,646 34,416 34,793 35,768 Germany 24,142 30,544 36,102 36,739 38,037 Estonia 8,230 16,492 21,698 23,006 24,220 Finland 23,443 29,641 31,763 32,751 33,948 France 22,985 27,537 30,574 30,941 31,887 Greece 17,104 21,539 20,159 20,108 20,907 Ireland 26,450 33,103 52,449 56,209 59,679 Italy 23,683 26,541 27,667 28,774 29,633 Latvia 7,027 13,438 18,510 19,946 21,103 Lithuania 7,411 15,373 21,735 23,242 24,625 Luxembourg 48,425 65,435 77,439 75,319 77,504 Malta 16,028 21,281 26,957 28,700 30,219 Netherlands 27,693 34,058 37,416 38,238 39,744 Austria 25,745 32,152 37,725 38,091 39,506 Portugal 16,550 20,896 22,300 23,267 24,189 Slovakia 9,929 18,966 22,298 23,199 24,471 Slovenia 15,813 21,224 23,765 25,335 26,902 Spain 18,876 24,435 26,311 27,557 28,679 Cyprus 18,658 25,428 23,804 24,967 26,091 Euro area (19) 22,278 27,511 30,889 31,738 32,885 Bulgaria 5,589 11,217 13,679 14,748 15,601 Denmark 25,123 32,907 36,764 36,723 37,736 United Kingdom 23,005 27,428 31,406 31,804 32,571 Croatia 9,425 15,125 17,167 18,111 19,007 Poland 9,335 15,908 19,837 20,886 22,119 Romania 5,152 13,016 16,281 18,236 19,441 Sweden 25,657 31,823 36,163 36,386 37,388 Czech Republic 14,163 21,085 25,280 26,703 27,938 Hungary 10,408 16,478 19,744 20,542 21,737 EU (28) 19,837 25,468 29,033 29,900 31,009 Albania 3,430 7,367 8,559 8,867 9,334 Iceland 25,814 29,462 35,869 38,410 39,737 Macedonia 5,391 8,693 10,454 10,845 11,302 Montenegro 5,299 10,433 12,287 13,667 14,372 Serbia 5,018 9,240 10,493 10,934 11,511 Turkey 8,266 13,186 18,773 19,801 20,764 Switzerland 31,050 40,448 48,061 47,081 48,348 Norway 32,383 44,357 46,600 43,807 44,877 United States 31,918 36,926 42,584 43,098 44,675 Japan 23,733 26,914 30,884 31,927 32,895 1 at current prices and purchasing power parities source: EU-Commission 2 estimate (EU-Commission, May 2018) 10
5 1. INTERNATIONAL OVERVIEW GDP per head 2018 at current prices and PPP (EUR) 1 77,504 Luxembourg 59,679 Ireland 48,348 Switzerland 44,877 Norway 39,744 Netherlands Iceland 39,737 Austria 39,506 Germany 38,037 Denmark 37,736 37,388 Sweden 35,768 Belgium 33,948 Finland United Kingdom 32,571 31,887 France Malta 30,219 Italy 29,633 Spain 28,679 Czech Republic 27,938 Slovenia 26,902 Cyprus 26,091 Lithuania 24,625 Slovakia 24,471 Estonia 24,220 Portugal 24,189 Poland Hungary 21,737 Latvia 21,103 Greece 20,907 Turkey 20,764 Romania 19,441 Croatia 19,007 Bulgaria Montenegro 15,601 14,372 Serbia 11,511 Macedonia 11,302 Albania 1 22,119 9,334 estimate (EU-Commission, May 2018) source: EU-Commission 11
6 1.3 Economic growth Real GDP, change from previous year (%) Belgium Germany Estonia Finland France Greece Ireland Italy Latvia Lithuania Luxembourg Malta Netherlands Austria Portugal Slovakia Slovenia Spain Cyprus Euro area (19) Bulgaria Denmark United Kingdom Croatia Poland Romania Sweden Czech Republic Hungary EU (28) Albania Iceland Macedonia Montenegro Serbia Turkey Switzerland Norway United States Japan and 2019: forecast (May 2018) source: EU-Commission, OECD 2 average annual growth rate 12
7 Economic growth AUSTRIA Economic growth GERMANY Economic growth EU(28) Economic growth USA and 2019 forecast (May 2018) source: EU-Commission 13
8 1.4 Foreign trade and export ratios 2017 imports of goods 1 exports of goods 1 billion EUR exports of goods 1 % of GDP exports g & s 2 Belgium Germany 1, , Estonia Finland France Greece Ireland Italy Latvia Lithuania Luxembourg Malta Netherlands Austria Portugal Slovakia Slovenia Spain Cyprus Euro area (19) 3, , Bulgaria Denmark United Kingdom Croatia Poland Romania Sweden Czech Republic Hungary EU (28) 5, , Albania Iceland Macedonia Montenegro Serbia Turkey Switzerland Norway United States 2, , Japan acc. to National Accounts: partly estimates (EUROSTAT, May 2018) source: EUROSTAT 2 exports of goods and services acc. to National Accounts 14
9 1.5 Current balances Current balance in % of GDP Belgium Germany Estonia Finland France Greece Ireland Italy Latvia Lithuania Luxembourg Malta Netherlands Austria Portugal Slovakia Slovenia Spain Cyprus Euro area (19) Bulgaria Denmark United Kingdom Croatia Poland Romania Sweden Czech Republic Hungary EU (28) Albania Iceland Macedonia Montenegro Serbia Turkey Switzerland Norway United States Japan and 2019: forecast (May 2018) source: EU-Commission 2 period averages 15
10 1.6 Unemployment rates unemployed persons in % of labour force Belgium Germany Estonia Finland France Greece Ireland Italy Latvia Lithuania Luxembourg Malta Netherlands Austria Portugal Slovakia Slovenia Spain Cyprus Euro area (19) Bulgaria Denmark United Kingdom Croatia Poland Romania Sweden Czech Republic Hungary EU (28) Albania Iceland Macedonia Montenegro Serbia Turkey Switzerland Norway United States Japan and 2019: forecast (May 2018) source: EU-Commission 2 period averages 16
11 Unemployment rates 2018 % of labour force 1 Albania Macedonia Greece Montenegro Spain Serbia Italy Turkey Croatia Cyprus France Finland Latvia Portugal no data available Slovakia Lithuania Belgium Sweden Estonia 6.0 Slovenia 5.6 Bulgaria 5.5 Denmark Ireland Luxembourg Austria Romania United Kingdom 4.4 Switzerland 4.1 Poland 4.1 Iceland Malta Netherlands Hungary Germany 3.6 Norway 3.6 Czech Republic forecast (May 2018) source: EU-Commission 17
12 1.7 Inflation rates change of consumer prices from previous year in % Belgium Germany Estonia Finland France Greece Ireland Italy Latvia Lithuania Luxembourg Malta Netherlands Austria Portugal Slovakia Slovenia Spain Cyprus Euro area (19) Bulgaria Denmark United Kingdom Croatia Poland Romania Sweden Czech Republic Hungary EU (28) Albania Iceland Macedonia Montenegro Serbia Turkey Switzerland Norway United States Japan and 2019: forecast (May 2018) source: EU-Commission 2 period averages 18
13 Inflation rates 2018 %-change of consumer prices 1 Turkey Romania Estonia Albania Latvia Lithuania Montenegro United Kingdom Slovakia Iceland Hungary Norway Austria Czech Republic Slovenia Sweden Macedonia Bulgaria France 1.7 Serbia 1.7 Belgium 1.6 Germany 1.6 Malta 1.6 Netherlands Luxembourg Finland 1.4 Spain 1.4 Croatia 1.4 Poland 1.3 Italy 1.2 Portugal 1.2 Ireland 0.8 Denmark 0.8 Cyprus 0.7 Greece 0.5 Switzerland forecast (May 2018) source: EU-Commission 19
14 1.8 Public financial balances deficit/surplus of general government in % of GDP Belgium Germany Estonia Finland France Greece Ireland Italy Latvia Lithuania Luxembourg Malta Netherlands Austria Portugal Slovakia Slovenia Spain Cyprus Euro area (19) Bulgaria Denmark United Kingdom Croatia Poland Romania Sweden Czech Republic Hungary EU (28) Albania Iceland Macedonia Montenegro Serbia Turkey Switzerland Norway United States Japan and 2019: forecast (May 2018) source: EU-Commission 2 period averages 20
15 Public deficit/surplus 2018 % of GDP 1 Norway Cyprus Czech Republic Germany Malta Luxembourg Sweden Croatia Netherlands Bulgaria Serbia Switzerland Slovenia Lithuania Iceland Greece Estonia Denmark Ireland Austria Finland Portugal Slovakia Latvia Belgium Poland Italy United Kingdom Albania Turkey France Hungary Spain Macedonia Romania Montenegro forecast (May 2018) source: EU-Commission 21
16 1.9 Public debt debt of general government in % of GDP Belgium Germany Estonia Finland France Greece Ireland Italy Latvia Lithuania Luxembourg Malta Netherlands Austria Portugal Slovakia Slovenia Spain Cyprus Euro area (19) Bulgaria Denmark United Kingdom Croatia Poland Romania Sweden Czech Republic Hungary EU (28) Albania Iceland Macedonia Montenegro Serbia Turkey Switzerland Norway United States Japan and 2018: forecast (May 2018) source: EU-Commission, OECD 2 period averages 22
17 Public debt 2018 % of GDP 1 Greece Italy Portugal Cyprus Belgium Spain 97.6 France 96.4 United Kingdom 86.3 Austria 74.8 Croatia 73.7 Hungary 73.3 Montenegro 69.9 Slovenia 69.3 Albania 68.5 Ireland 65.6 Finland 60.4 Germany 60.2 Serbia 58.9 Netherlands 53.5 Poland 49.6 Slovakia 49.0 Malta 47.1 Switzerland 43.6 Macedonia 42.0 Iceland 41.2 Sweden 38.0 Latvia 37.0 Lithuania 36.0 Romania 35.3 Denmark 33.6 Norway 33.3 Czech Republic 32.7 Turkey 27.8 Bulgaria 23.3 Luxembourg 22.6 Estonia forecast (May 2018) source: EU-Commission, OECD 23
18 1.10 Worldwide economic growth weight real annual change of GDP in % EU (28) Euro area (19) Germany France United Kingdom Italy Spain EU Candidate countries United States Japan Canada Norway Switzerland Australia New Zealand Advanced Economies CIS Russia Other CIS Middle East & North-Africa Asia China India Korea Indonesia Latin America Brazil Mexico Sub-Saharan Africa Emerging & develop. economies World World excluding EU (28) World excluding Euro area (19) relative weights based on GDP figures 2016 source: EU-Commission (constant prices und purchasing power parities) 2 forecast (May 2018) 3 Albania, Macedonia, Montenegro, Serbia, Turkey 24
19 1.11 Worldwide export growth (goods & services) real annual change in % weight EU (28) Euro area (19) EU Candidate countries Turkey Macedonia Montenegro Serbia Albania United States Canada Japan Korea Norway Switzerland Iceland Australia New Zealand Advanced Economies CIS Russia Other CIS Middle East & North-Africa Asien China India Indonesia Latin America Brasilia Mexico Sub-Saharan Africa Emerging & develop. economies World World excluding EU (28) World excluding Euro area (19) relative weights based on export volume figures 2016 source: EU-Commission (constant prices und purchasing power parities) 2 forecast (May 2018) 3 Intra- and Extra-EU trade 4 Albania, Macedonia, Montenegro, Serbia, Turkey 25
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