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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- Unemployment statistics
- Migration and migrant population statistics
- National accounts and GDP
- Minimum wage statistics
- Wages and labour costs
- GDP per capita, consumption per capita and price level indices
- Employment statistics
- Energy price statistics
- Electricity and natural gas price statistics
- Population structure and ageing
Moreover, the development of specific GDP components and related indicators, such as those for economic output, imports and exports, domestic (private and public) consumption or investments, as well as data on the distribution of income and savings, can give valuable insights into the driving forces in an economy and thus be the basis for the design, monitoring and evaluation of specific EU policies.
Main statistical findings
Developments in GDP
Growth in the EU-28’s GDP slowed substantially in 2008 and GDP contracted considerably in 2009 as a result of the global financial and economic crisis. There was a recovery in the level of EU-28 GDP in 2010 and this development continued (albeit at a progressively slower pace) in 2011, 2012 and 2013, as GDP increased to EUR 13 075 000 million — its highest ever level in current price terms (see Figure 1).
The euro area (EA-18) accounted for 73.4 % of this total in 2013, while the sum of the five largest EU Member State economies (Germany, France, the United Kingdom, Italy and Spain) was 71.0 %. However, cross-country comparisons should be made with caution as notably exchange rate fluctuations may significantly influence the development of nominal GDP figures for those EU Member States which have not adopted the euro.More ...