Welcome To Statistics Explained

Statistics Explained, your guide to European statistics. Statistics Explained is an official Eurostat website presenting statistical topics in an easily understandable way. Together, the articles make up an encyclopedia of European statistics for everyone, completed by a statistical glossary clarifying all terms used and by numerous links to further information and the latest data and metadata, a portal for occasional and regular users.

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New / updated articles

This article provides an overview of statistical information on end-of-life vehicles in the European Union since 2006. Information and data are based on the Directive 2000/53/EC on end-of-life vehicles and the Commission Decision 2005/293/EC, which lays down rules on the monitoring of the reuse / recovery and reuse / recycling targets for end-of-life vehicles. More ...
This article gives an overview of developments relating to waste electrical and electronic equipment in the European Union (EU) and some European non-member countries; it draws exclusively on data collected within the framework of Directive 2002/96/EC on waste electrical and electronic equipment (WEEE). More ...
This article presents the services producer price index (SPPI) (also called service output price index), measuring prices of services, as it is calculated and used at the level of the European Union (EU) and its Member States. The services producer price index is a business cycle indicator which provides information on the development of prices for numerous service industries. More ...
The 'integrated government finance statistics (GFS) presentation' is a dedicated presentation template for European Union (EU) government accounts that shows the economic activities of government in a manner suitable for fiscal analysis. It groups together all government statistics collected by Eurostat specifically for the general government sector (i.e. excluding public corporations) in the framework of [Glossary:National_accounts_(NA)[national accounts]], completed by statistical information gathered for administrative purposes. More ...
The construction costs index (CCI) (sometimes also referred to as “construction factor price index” or as “construction input price index”) is a European Union (EU) business cycle indicator showing the trend in the costs incurred by contractors in the construction of buildings. The CCI presents the total costs for new buildings. In addition, an index for material costs and an index for labour costs are available. Material and labour costs represent the most important cost components for construction. More ...
In recent years Eurostat has significantly expanded the range of integrated quarterly data on government finances available, providing a timely and increasingly high quality picture of the evolution of government finances in the European Union (EU). The data presented in this article reflect both non-financial and financial (quarterly non-financial and financial accounts for general government) transactions and cover all European Union (EU-28) countries as well as Iceland, Norway and Switzerland. More ...

Did you know that....

In 2013, the highest fertility rates were reported by France (1.99 live births per woman) and Ireland (1.96). In contrast, the lowest fertility rates were recorded in Poland (1.29), Spain (1.27) and Portugal (1.21). Read more...

Focus on

Balance of payment statistics
Current account transactions, EU-28, 2004–14 (¹) (EUR billion) YB15.png
The balance of payments records all economic transactions between resident and non-resident entities during a given period. This article presents data on the current and financial accounts of the balance of payments for the European Union (EU) and its Member States. For the first time, data are presented in regard to the new compilation standard of the IMF’s sixth Balance of payments manual (BPM6).

The current account balance determines the exposure of an economy to the rest of the world, whereas the capital and financial account explains how it is financed. An article on foreign direct investment provides more information on one component of the financial account, while an article on international trade in services focuses on one component of the current account.

Main statistical findings

Current account

The current account surplus of the EU-28 was EUR 126.5 billion in 2014 (see Figure 1), corresponding to 0.9 % of gross domestic product (GDP). This can be contrasted with data for 2013, when the current account surplus was EUR 155.5 billion. The latest developments for the EU-28’s current account showed a slight discontinuation of the pattern established in 2008: while the current account deficit peaked in 2008 at 2.3 % of GDP, it gradually reduced and in 2012 turned into a surplus equivalent to 0.7 % of GDP; the surplus was equivalent to 1.2 % of GDP in 2013 and 0.9 % in 2014. The current account surplus for 2014 comprised a deficit for secondary income (-0.6 % of GDP) with surpluses in the current accounts for goods (0.3 % of GDP), services (1.1 %) and primary income (0.1 %) — see Table 2.

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