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 reports on three forms of unemployment in the European Union (EU) which are not covered by the ILO definition of unemployment. They are: underemployed part-time workers, jobless persons seeking a job but not immediately available for work and jobless persons available for work but not seeking it. These three groups do not meet all criteria of the ILO unemployment definition i.e. being without work, actively seeking work, and being available for work. More ...
This article is part of a set of statistical articles based on the Eurostat flagship publication 'Being young in Europe today' (which can be consulted in order to get a layouted pdf version). Youth employment is a key aspect of Europe's prosperity. Young people represent an important source of skills, creativity and dynamism. A better harnessing of these qualities could help Europe’s economy grow and become more competitive. However, the youth unemployment rate has been rising steadily over the last few years, turning it into a major concern for the EU. More ...
This article is part of an online publication and provides information on a range of business statistics for the enlargement countries (except Iceland), in other words the candidate countries and potential candidates.. More ...
This article presents recent statistics on resource productivity in the European Union (EU) and its Member States. The EU’s resource productivity has increased by 26.3% in the 2002–13 timeframe. Whereas resource productivity has slowly increased over the years between 2002 and 2008, the sharp increases in 2008-2010 and 2011-2013 were, to a large extent, caused by a decline in various resource-intensive industries during the economic crisis. More ...
International trade — especially the size and evolution of imports and exports — is an important indicator of a country’s economic performance, showing its status on the international stage. This article takes a closer look at recent trends in imports and exports of several of the world’s big economies, focusing on key trade statistics for goods and giving an insight into EU trading patterns compared to the world’s major economies. The article only deals with extra-EU trade, and does not consider trade between EU Member States (intra-EU trade). 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. This article is based on data transmitted to Eurostat at the end of March 2015 and during April 2015 and includes data coverage of the fourth quarter of 2014. It is the third ESA 2010 data published for quarterly government finance statistics. More ...

Did you know that....

In 2012, 41 % of the EU-28 population lived in flats, just over one third (34 %) in detached houses and 24 % in semi-detached houses. The share of persons living in flats was highest among the EU Member States in Estonia (65 %), Spain (65 %) and Latvia (64 %). Read more...

Focus on

Balance of payment statistics
Current account transactions, EU-28, 2003–13 (1) (EUR 1 000 million) YB14.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.

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 155 700 million in 2013 (see Figure 1), corresponding to 1.2 % of gross domestic product (GDP). This can be contrasted with data for 2012, when the current account surplus was EUR 68 600 million. The latest developments for the EU-28’s current account showed a continuation of the pattern established in 2009: the current account deficit peaked in 2008 at 2.2 % of GDP; progressively smaller deficits were recorded between 2009 and 2011, turning to a surplus equivalent to 0.5 % of GDP in 2012. The current account surplus for 2013 comprised a deficit for current transfers (-0.6 % of GDP) with surpluses in the current accounts for goods (0.2 % of GDP), services (1.3 %) and the income account (0.3 %) — see Table 2.

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