Spring 2019 Economic Forecast: Growth continues at a more moderate pace

The European economy is forecast to continue expanding for the seventh year in a row in 2019, with real GDP expected to grow in all EU Member States. As global uncertainties continue to weigh, domestic dynamics are set to support the European economy. Growth is expected to gather pace again next year.

Economic forecast documents

Economic forecast map

Economic forecast by country

EU Member States
Austria	Germany	Poland
Belgium	Greece	Portugal
Bulgaria	Hungary	Romania
Croatia	Ireland	Slovakia
Cyprus	Italy	Slovenia
Czechia	Latvia	Spain
Denmark	Lithuania	Sweden
Estonia	Luxembourg	The United Kingdom
Finland	Malta	EA and EU outlook
France	The Netherlands

Candidate Countries	Other Non-EU Countries
Albania	EFTA
North Macedonia	China
Montenegro	Japan
Serbia	Russia
Turkey	USA

Economic forecast thematic boxes

Box.1: Looking at euro area GDP growth in 2019 through the lens of an estimated model

English (55.7 KB - PDF)

Box 2: Euro area banks 10 years after the crisis

07 May 2019

English (284.8 KB - PDF)

Box 3: The impact of European Structural and Investment Funds on near-term forecasting

07 May 2019

English (259.9 KB - PDF)

Box 4: Changes to HICP methodology

English (74.3 KB - PDF)

Box 5: Some technical elements behind the forecast

English (41.2 KB - PDF)

Media