Eurostat published today the indicators of the macroeconomic imbalance procedure (MIP) scoreboard.

The MIP scoreboard consists of 13 indicators relevant for the early detection of existing or emerging macroeconomic imbalances at EU member level. It provides statistical support to the annual alert mechanism report released by the European Commission at the start of the European Semester. The alert mechanism report identifies EU countries for which in-depth analyses are required, based on an economic reading of the scoreboard indicators, complemented by other auxiliary indicators. 

In 2024, in line with the MIP Regulation 1176/2011, the set of MIP indicators was reviewed. The revision aimed to streamline the set of indicators for MIP surveillance, considering ongoing statistical quality improvements while preserving the scoreboard’s stability and relevance. 

Table: Macroeconomic Imbalance Procedure (MIP), scoreboard indicators values and thresholds for the 2025 Alert Mechanism Report

 

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Methodological notes

  • MIP-relevant statistical data originate from statistical domains with long track records and of recognised quality. Eurostat collects the data for MIP scoreboard indicators from EU Member States. Other data sources are the Commission's Directorate General for Economic and Financial Affairs, the European Central Bank, and the Organisation for Economic Co-operation and Development.
  • The data from National Accounts and Balance of Payments/International Investment Position used for the compilation of the MIP scoreboard indicators are based on the European System of National and Regional Accounts in the European Union (ESA 2010) and the sixth edition of the IMF's Balance of Payments and International Investment Position Manual (BPM6).

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