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

Inflation in the euro area
Updated 31/08/2015
The data in this article show the most recent annual rates of change for the euro area headline inflation and its main components issued by Eurostat. The figures presented are early estimates of euro area inflation. More ...
This article analyses the tourism trends of the 2014-2015 winter season[1] in the European Union (EU) Member States, EFTA and candidate countries. In terms of nights spent at hotels and similar accommodation establishments, tourism recorded positive growth rates in most countries, compared with the same period in 2013-2014. More ...
This article presents statistical data on man-made (anthropogenic) emissions of six greenhouse gases within the European Union (EU), discussing the trends on the basis of the latest available data from the annual greenhouse gas (GHG) inventories, submitted to the United Nations Framework Convention on Climate Change (UNFCCC), covering years up to 2012. More ...
This article is part of a set of statistical articles based on the Eurostat regional yearbook publication. It emphasises the geographic aspects of the digital divide by presenting statistical data for a range of issues linked to the use of the internet across the regions of the European Union (EU). More ...
Increasing migration into an already culturally diverse European Union (EU) generates a need to prepare immigrants, and their descendants, to be more successful and more active participants in society by means of education and training. This article presents EU statistics on education as a measure of migrant integration and elaborates on the existing Zaragoza indicators on education More ...
The industrial production index (abbreviated IPI and sometimes also called industrial output index or industrial volume index) is a business cycle indicator which measures monthly changes in the price-adjusted output of industry. This article takes a look at the industrial production index as it is calculated in the European Union (EU) as well as in some EFTA and candidate countries. More ...

Did you know that....

For medium size household consumers, electricity prices during the second semester of 2014 were the highest in the EU in Denmark (EUR 0.304 per kWh), Germany (EUR 0.297per kWh) and Ireland (EUR 0.254 per kWh), while the lowest were found in Bulgaria (EUR 0.090 per kWh), Hungary (EUR 0.115 per kWh) and Malta (EUR 0.125 per kWh). 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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  1. The winter season runs from November to April of the following year. For example, the 2014/2015 winter season ran from November 2014 to April 2015.

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