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.

To find the information you need, please select a theme from the menu below or use the coloured boxes on the right. The search function (alt-f) can also be used.

New / updated articles

Inflation in the euro area
Updated 31/07/2015
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 ...
Unemployment statistics
Updated 31/07/2015
This article presents the very latest unemployment figures for the European Union (EU), the euro area and individual Member States, complemented by an overview of long-term developments since the year 2000. Unemployment levels and rates move in a cyclical manner, largely related to the general business cycle. However, other factors such as labour market policies and demographic developments may also influence the short and long-term evolution. More ...
This article analyses labour market participation in the European Union (EU), broken down by sex and age, on the basis of the results of the EU Labour force survey (EU-LFS). In 2014, the number of inactive persons as a percentage of the working age population in the EU-28 reached a new low of 27.7 %, continuing the downward trend of the previous years. This positive development is largely due to the increased participation of women in the labour market. More ...
The indices for building permits are business cycle indicators providing information on the development of granted building permits in the European Union (EU). Short-term statistics provide two types of indices for building permits. The so-called "dwelling index" simply reflects the evolution in terms of the number of dwellings. More ...
The production index for construction is a business cycle indicator which measures monthly changes in the price adjusted output of construction. The construction production index corresponds to the industrial production index but covers (parts of) NACE section F. More ...
This article focuses on a selection of indicators on quarterly sector accounts for households in the European Union (EU) and the euro area. Covered are, among others, the household saving rate and the household investment rate. Another article focuses on quarterly sector accounts for non-financial corporations, covering, among others, the business investment rate and the profit share of non-financial corporations. 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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