Services production down by 0.3% in the euro area and up by 0.2% in the EU

Overview

In December 2024, compared with November 2024, seasonally adjusted services production decreased by 0.3% in the euro area and increased by 0.2% in the EU, according to first estimates from Eurostat, the statistical office of the European Union. In November 2024, services production grew by 0.3% in the euro area and by 0.4% in the EU.

In December 2024, compared with December 2023, services production increased by 1.5% in the euro area and by 1.9% in the EU.

The annual average services production for the year 2024, compared with 2023, increased by 1.6% in the euro area and by 1.7% in the EU.

Services production

Monthly comparison by service industry and by Member State

In the euro area in December 2024, compared with November 2024, services production

increased for transportation and storage by 1.0%,
decreased for accommodation and food services by 0.4%,
increased for information and communication by 0.3%,
decreased for real estate activities by 2.1%,
decreased for professional, scientific and technical activities by 0.5%,
remained stable for administrative and support services.

In the EU, services production

increased for transportation and storage by 2.4%,
decreased for accommodation and food services by 0.4%,
increased for information and communication by 0.2%,
decreased for real estate activities by 1.3%,
decreased for professional, scientific and technical activities by 0.7%,
increased for administrative and support services by 0.1%.

Among Member States for which data are available, the highest monthly increases were recorded in Denmark (+12.3%), Slovakia (+8.0%) and Slovenia (+2.9%). The largest decreases were observed in Belgium (-1.6%), Latvia and Austria (both -1.1%).

Annual comparison by service industry and by Member State

In the euro area in December 2024, compared with December 2023, services production

increased for transportation and storage by 1.9%,
increased for accommodation and food services by 0.7%,
increased for information and communication by 3.2%,
increased for real estate activities by 2.0%,
increased for professional, scientific and technical activities by 1.8%,
decreased for administrative and support services by 0.7%.

In the EU, services production

increased for transportation and storage by 3.5%,
increased for accommodation and food services by 0.8%,
increased for information and communication by 3.4%,
increased for real estate activities by 1.5%,
increased for professional, scientific and technical activities by 1.3%,
decreased for administrative and support services by 0.3%.

Among Member States for which data are available, the highest annual increases were recorded in Denmark (+15.7%), Lithuania (+13.5%) and Slovakia (+12.1%). The largest decreases were observed in Romania (-8.4%), Latvia (-4.7%) and Austria (-2.9%).

Tables

Services production % change compared with previous month*
	2024
	Jul	Aug	Sep	Oct	Nov	Dec
Euro area
Total services	0.8	0.3	-0.1	0.7	0.3	-0.3
Transportation and storage	1.8	0.0	-0.6	0.5	0.2	1.0
Accommodation and food services	0.1	0.0	0.0	0.6	0.9	-0.4
Information and communication	0.6	0.6	-0.4	1.2	0.6	0.3
Real estate activities	1.5	-0.3	0.4	1.9	-0.5	-2.1
Professional, scientific and technical activities	1.3	0.9	-0.8	1.1	0.0	-0.5
Administrative and support services	0.4	-0.1	0.1	0.1	0.2	0.0
EU
Total services	0.8	0.3	-0.1	0.8	0.4	0.2
Transportation and storage	1.9	0.2	-0.7	1.3	0.8	2.4
Accommodation and food services	0.1	0.1	-0.1	0.7	0.9	-0.4
Information and communication	0.7	0.7	-0.3	1.1	0.5	0.2
Real estate activities	1.3	-0.1	-0.1	1.7	-0.5	-1.3
Professional, scientific and technical activities	1.4	0.5	-0.6	1.1	0.0	-0.7
Administrative and support services	0.3	-0.1	0.4	-0.1	0.2	0.1
* Calendar and seasonally adjusted Source dataset: sts_sepr_m

Services production % change compared with previous month*
	2024
	Jul	Aug	Sep	Oct	Nov	Dec
Euro area	0.8	0.3	-0.1	0.7	0.3	-0.3
EU	0.8	0.3	-0.1	0.8	0.4	0.2
Belgium	1.2	-1.7	-1.0	1.6	1.0	-1.6
Bulgaria	1.6	0.2	0.2	-0.4	-0.8	2.1
Czechia	0.5	-0.8	0.1	0.9	0.0	0.3
Denmark	4.4	0.9	-0.9	7.8	4.0	12.3
Germany	0.5	0.1	0.0	0.8	-0.2	-0.3
Estonia	0.7	0.4	2.5	0.9	3.1	0.5
Ireland	c	c	c	c	c	c
Greece	3.3	-1.7	3.3	-3.1	1.0	2.6
Spain	1.2	-0.6	1.1	0.1	0.2	0.0
France	0.7	2.6	-1.2	0.2	0.5	0.8
Croatia	0.5	-2.0	1.0	1.3	-0.2	-0.4
Italy	1.4	-2.1	1.1	1.0	0.1	-0.4
Cyprus	c	c	c	c	c	c
Latvia	-0.3	-1.2	2.1	1.2	-0.3	-1.1
Lithuania	1.2	-1.3	0.7	2.5	0.5	1.8
Luxembourg	1.0	0.2	-0.6	2.3	0.8	1.3
Hungary	2.6	-3.3	1.4	2.0	-1.8	0.9
Malta	0.5	-0.2	0.9	-0.9	0.1	2.0
Netherlands	c	c	c	c	c	c
Austria	1.1	-0.3	-0.4	1.6	-0.4	-1.1
Poland	1.7	-0.7	-0.7	2.6	-2.2	2.0
Portugal	:	:	:	:	:	:
Romania	-0.9	1.2	-0.7	-1.0	1.8	0.9
Slovenia	1.3	1.8	-1.1	-1.0	1.9	2.9
Slovakia	1.9	0.6	0.2	0.8	-1.4	8.0
Finland	0.3	0.8	-2.2	1.1	-0.1	-0.2
Sweden	-1.1	2.7	0.9	c	c	c
* Calendar and seasonally adjusted : Data not available c Confidential Source dataset: sts_sepr_m

Services production % change compared with same month of the previous year*
	2024
	Jul	Aug	Sep	Oct	Nov	Dec
Euro area
Total services	0.8	1.1	1.1	2.1	2.5	1.5
Transportation and storage	0.8	1.3	1.3	1.7	1.8	1.9
Accommodation and food services	-1.0	1.5	-2.0	0.8	3.5	0.7
Information and communication	2.8	2.6	2.2	3.7	3.8	3.2
Real estate activities	0.7	0.7	0.7	2.0	2.6	2.0
Professional, scientific and technical activities	2.0	1.6	2.1	2.8	3.2	1.8
Administrative and support services	-0.2	-0.7	-0.1	0.6	0.5	-0.7
EU
Total services	0.7	1.1	1.0	2.1	2.4	1.9
Transportation and storage	-0.4	0.6	0.1	1.0	1.7	3.5
Accommodation and food services	-0.8	1.6	-1.9	1.0	3.6	0.8
Information and communication	2.8	3.0	2.8	4.2	4.3	3.4
Real estate activities	1.0	1.0	0.4	1.7	1.2	1.5
Professional, scientific and technical activities	2.0	1.2	1.8	2.6	3.2	1.3
Administrative and support services	-0.2	-0.8	0.2	0.7	0.5	-0.3
* Calendar adjusted Source dataset: sts_sepr_m

Services production % change compared with same month of the previous year*
	2024
	Jul	Aug	Sep	Oct	Nov	Dec
Euro area	0.8	1.1	1.1	2.1	2.5	1.5
EU	0.7	1.1	1.0	2.1	2.4	1.9
Belgium	3.1	1.7	0.3	2.8	1.9	-0.1
Bulgaria	8.6	5.7	7.0	5.6	3.3	6.0
Czechia	4.1	2.2	1.5	2.5	1.7	1.6
Denmark	-7.2	-3.2	-4.0	0.5	4.7	15.7
Germany	-1.1	-0.8	-0.4	1.3	1.6	2.0
Estonia	0.9	0.2	5.9	6.7	15.0	10.7
Ireland	c	c	c	c	c	c
Greece	-0.8	-0.4	4.9	-2.0	2.8	9.8
Spain	3.8	3.9	5.2	3.9	2.9	1.7
France	1.2	4.6	3.0	2.9	4.4	2.2
Croatia	5.2	3.0	0.2	3.1	2.5	-0.2
Italy	0.6	-4.7	-1.0	0.0	-0.2	-0.2
Cyprus	c	c	c	c	c	c
Latvia	-3.9	-3.3	-2.8	1.2	-1.2	-4.7
Lithuania	8.6	3.4	3.4	8.2	8.5	13.5
Luxembourg	6.5	9.7	4.7	6.1	4.0	-2.3
Hungary	7.2	-1.2	2.3	6.0	2.3	3.4
Malta	15.1	10.1	9.6	0.3	-2.2	6.9
Netherlands	c	c	c	c	c	c
Austria	-3.8	-3.7	-4.3	-2.6	-1.8	-2.9
Poland	8.3	5.1	3.2	6.3	2.3	5.0
Portugal	:	:	:	:	:	:
Romania	-8.6	-4.9	-6.1	-7.6	-7.3	-8.4
Slovenia	1.4	1.9	-0.1	1.0	0.2	0.8
Slovakia	3.6	1.3	1.9	3.0	2.1	12.1
Finland	2.4	3.8	-0.8	1.6	1.5	0.6
Sweden	-2.5	1.8	2.7	c	c	c
* Calendar adjusted : Data not available c Confidential Source dataset: sts_sepr_m

Services production, calendar and seasonally adjusted indices (base year 2021)
	2024
	Jul	Aug	Sep	Oct	Nov	Dec
Euro area	114.2	114.5	114.4	115.2	115.6	115.3
EU	114.3	114.7	114.6	115.5	116.0	116.2
Belgium	115.2	113.2	112.1	113.9	115.0	113.2
Bulgaria	119.0	119.2	119.4	118.9	117.9	120.4
Czechia	106.3	105.4	105.5	106.4	106.4	106.7
Denmark	115.0	116.0	114.9	123.9	128.8	144.7
Germany	111.4	111.5	111.5	112.4	112.2	111.9
Estonia	120.1	120.6	123.6	124.7	128.6	129.3
Ireland	c	c	c	c	c	c
Greece	133.2	131.0	135.3	131.1	132.4	135.9
Spain	119.0	118.3	119.6	119.7	119.9	119.9
France	116.3	119.3	117.9	118.1	118.7	119.7
Croatia	116.1	113.8	114.9	116.4	116.2	115.7
Italy	113.6	111.2	112.4	113.5	113.6	113.1
Cyprus	c	c	c	c	c	c
Latvia	111.3	110.0	112.3	113.6	113.3	112.0
Lithuania	113.6	112.1	112.9	115.7	116.3	118.4
Luxembourg	115.8	116.0	115.3	118.0	118.9	120.5
Hungary	113.8	110.0	111.5	113.7	111.6	112.6
Malta	133.2	132.9	134.1	132.9	133.0	135.7
Netherlands	c	c	c	c	c	c
Austria	105.0	104.7	104.3	106.0	105.6	104.4
Poland	123.2	122.3	121.5	124.7	122.0	124.4
Portugal	:	:	:	:	:	:
Romania	126.6	128.1	127.2	125.9	128.2	129.3
Slovenia	114.5	116.6	115.3	114.1	116.3	119.7
Slovakia	98.4	99.0	99.2	100.0	98.6	106.5
Finland	109.0	109.9	107.5	108.7	108.6	108.4
Sweden	109.2	112.1	113.1	c	c	c
: Data not available c Confidential Source dataset: sts_sepr_m

Services production, calendar adjusted indices (base year 2021)
	2024
	Jul	Aug	Sep	Oct	Nov	Dec
Euro area	113.6	111.9	114.8	118.2	115.6	134.6
EU	113.2	111.7	115.3	118.8	116.4	135.3
Belgium	110.4	102.1	114.8	119.1	115.8	135.0
Bulgaria	129.0	125.7	122.1	117.3	114.6	134.3
Czechia	104.3	98.5	106.0	107.6	108.6	123.4
Denmark	111.9	106.6	116.1	131.4	129.5	163.2
Germany	112.5	107.7	111.3	113.9	115.8	135.5
Estonia	116.2	117.3	123.4	124.6	129.7	156.0
Ireland	c	c	c	c	c	c
Greece	164.9	153.1	158.5	134.2	118.1	162.3
Spain	128.8	111.1	121.1	124.6	118.5	129.0
France	98.9	129.3	116.1	121.1	114.0	145.1
Croatia	147.5	136.9	125.7	109.2	97.3	124.4
Italy	130.2	91.5	114.0	118.3	111.9	123.7
Cyprus	c	c	c	c	c	c
Latvia	112.6	110.8	115.9	116.5	112.9	128.3
Lithuania	113.1	111.0	116.2	121.6	117.2	126.4
Luxembourg	115.5	104.8	111.4	121.2	124.6	143.1
Hungary	115.3	112.7	116.9	119.9	121.1	148.0
Malta	139.7	137.2	134.6	130.4	122.5	131.5
Netherlands	c	c	c	c	c	c
Austria	108.6	100.8	102.6	106.9	102.9	123.4
Poland	123.1	119.9	125.4	127.5	125.4	138.8
Portugal	:	:	:	:	:	:
Romania	130.1	128.1	131.1	131.6	128.8	142.7
Slovenia	114.6	111.6	119.9	117.5	118.5	133.2
Slovakia	97.8	92.8	100.8	104.5	101.5	122.1
Finland	99.2	106.9	108.5	111.4	109.3	131.9
Sweden	92.6	101.6	115.6	c	c	c
: Data not available c Confidential Source dataset: sts_sepr_m

Notes for users

Revisions and timetable

Compared with data issued in the News Release of 7 February 2025, the monthly percentage increase for November 2024 remained unchanged at +0.3% in the euro area and has been revised from +0.3% to +0.4% in the EU. The annual percentage increase has been revised from +2.0% to +2.5% in the euro area and from +1.6% to +2.4% in the EU.

Methods and definitions

The index of services production is a business indicator that measures the monthly changes in the production volume of the services industries (excluding financial and public services).

Seasonally adjusted euro area and EU series are calculated by aggregating the seasonally adjusted national data.

In this release, total services cover NACE Rev.2 sections H to N, excluding K. Missing observations from Member States for recent months are estimated for the calculation of the euro area and the EU aggregates.

Geographical information

The euro area (EA20) includes Belgium, Germany, Estonia, Ireland, Greece, Spain, France, Croatia, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Austria, Portugal, Slovenia, Slovakia and Finland.

The European Union (EU27) includes Belgium, Bulgaria, Czechia, Denmark, Germany, Estonia, Ireland, Greece, Spain, France, Croatia, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Hungary, Malta, the Netherlands, Austria, Poland, Portugal, Romania, Slovenia, Slovakia, Finland and Sweden.