Statistical Annex. European Economic Forecast Autumn 2018

Transcription

1 European Economic Forecast

2 Contents Output : GDP and its components 1. Gross domestic product Profiles (q-o-q) of quarterly GDP Profiles (y-o-y) of quarterly GDP GDP per capita Final domestic demand Final demand Private consumption expenditure Government consumption expenditure Total investment Investment in construction Investment in equipment Public investment Potential GDP Output gap relative to potential GDP 178 Prices 15. Deflator of GDP Deflator of private consumption Harmonised consumer prices index Harmonised consumer prices quarterly profiles Deflator of exports of goods Deflator of imports of goods Terms of trade of goods 182 Wages, population and labour market Exchange rates 22. Total population Total employment Unemployment rate Compensation of employees per head Real compensation of employees per head Labour productivity Unit labour costs, whole economy Real unit labour costs Nominal bilateral exchange rates Nominal effective exchange rates Relative unit labour costs Real effective exchange rates

3 General Government 34. Total expenditure Total revenue Net lending (+) or net borrowing (-) Interest expenditure Primary balance Cyclically-adjusted net lending (+) or net borrowing (-) Cyclically-adjusted primary balance Structural budget balance Gross debt 192 Saving 43. Gross national saving Gross saving of the private sector Saving rate of households Gross saving of general government 194 Trade and international payments World economy 47. Exports of goods and services Imports of goods and services Merchandise trade balance (% of GDP) Current-account balance (% of GDP) Net lending (+) or net borrowing (-) Current-account balance (bn EUR) Export markets (goods and services) Export performance (goods and services) World GDP World exports of goods and services Export shares (goods) in EU trade World imports of goods and services Import shares (goods) in EU trade World merchandise trade balances (bn USD) World current-account balances (bn USD)

4 European Economic Forecast, Table 1: Gross domestic product, volume (percentage change on preceding year, ) Table 2: Profiles (qoq) of quarterly GDP, volume (percentage change from previous quarter, ) 2018/1 2018/2 2018/3 2018/4 2019/1 2019/2 2019/3 2019/4 2020/1 2020/2 2020/3 2020/ : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : :

5 Table 3: Profile (yoy) of quarterly GDP, volume (percentage change from corresponding quarter in previous year, ) 2018/1 2018/2 2018/3 2018/4 2019/1 2019/2 2019/3 2019/4 2020/1 2020/2 2020/3 2020/ : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : Table 4: Gross domestic product per capita (percentage change on preceding year, )

6 European Economic Forecast, Table 5: Domestic demand, volume (percentage change on preceding year, ) Table 6: Final demand, volume (percentage change on preceding year, )

7 Table 7: Private consumption expenditure, volume (percentage change on preceding year, ) Table 8: Government consumption expenditure, volume (percentage change on preceding year, )

8 European Economic Forecast, Table 9: Total investment, volume (percentage change on preceding year, ) Table 10: Investment in construction, volume (percentage change on preceding year, ) : : : : : : : : : : : : : 176

9 Table 11: Investment in equipment, volume (percentage change on preceding year, ) : : : : : : : : : : : : : Table 12: Public investment (as a percentage of GDP, ) : :

10 European Economic Forecast, Table 13: Potential GDP, volume (percentage change on preceding year, ) : : : : : : : : : : : Table 14: Output gap relative to potential GDP ¹ (deviation of actual output from potential output as % of potential GDP, ) : : : : : : : : : : : ¹ When comparing output gaps between the successive s it has to be taken into account that the overall revisions to the may have led to changes in the estimates for potential output. 178

11 Table 15: Deflator of gross domestic product (percentage change on preceding year, ) Table 16: Price deflator of private consumption (percentage change on preceding year, )

12 European Economic Forecast, Table 17: Harmonised index of consumer prices (national index if not available), (percentage change on preceding year, ) Table 18: Harmonised index of consumer prices (national index if not available), (percentage change on preceding year, ) 2018/1 2018/2 2018/3 2018/4 2019/1 2019/2 2019/3 2019/4 2020/1 2020/2 2020/3 2020/

13 Table 19: Price deflator of exports of goods in national currency (percentage change on preceding year, ) Table 20: Price deflator of imports of goods in national currency (percentage change on preceding year, )

14 European Economic Forecast, Table 21: Terms of trade of goods (percentage change on preceding year, ) Table 22: Total population (percentage change on preceding year, ) : :

15 Table 23: Total employment (percentage change on preceding year, ) : : Note: See note 6 on concepts and sources where countries using full-time equivalents are listed. Table 24: Unemployment rate ¹ (number of unemployed as a percentage of total labour force, ) : : ¹ Series following Eurostat definition, based on the Labour Force Survey. 183

16 European Economic Forecast, Table 25: Compensation of employees per head (percentage change on preceding year, ) : Note: See note 6 on concepts and sources where countries using full time equivalents are listed. Table 26: Real compensation of employees per head ¹ (percentage change on preceding year, ) : ¹ Deflated by the price deflator of private consumption. Note: See note 6 on concepts and sources where countries using full time equivalents are listed. 184

17 Table 27: Labour productivity (real GDP per occupied person) (percentage change on preceding year, ) Note : See note 6 on concepts and sources where countries using full time equivalents are listed. Table 28: Unit labour costs, whole economy ¹ (percentage change on preceding year, ) : : : : : : : : : : : ¹ Compensation of employees per head divided by labour productivity per head, defined as GDP in volume divided by total employment. Note: See note 6 on concepts and sources where countries using full time equivalents are listed. 185