Asylum Applications in European Union increased to 65810 persons in October from 55890 persons in September of 2019. Asylum Applications in European Union averaged 44159.19 persons from 2008 until 2019, reaching an all time high of 167190 persons in October of 2015 and a record low of 10785 persons in March of 2008. Asylum Application in this page refers to first time asylum applicants. Data is supplied to Trading Economics by the Eurostat, National Ministries of Interior and other official agencies.

The number of unemployed persons in European Union increased to 15349 Thousand in January of 2020 from 15333 Thousand in December of 2019. Unemployed Persons in European Union averaged 20760.38 Thousand from 2000 until 2020, reaching an all time high of 26638 Thousand in April of 2013 and a record low of 15333 Thousand in December of 2019. This page provides the latest reported value for - European Union Unemployed Persons - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product (GDP) in European Union was worth 19100 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of European Union represents 15.77 percent of the world economy. GDP in European Union averaged 7813.96 USD Billion from 1960 until 2019, reaching an all time high of 19163.62 USD Billion in 2008 and a record low of 359.02 USD Billion in 1960. This page provides the latest reported value for - European Union GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

GDP Constant Prices in European Union increased to 3697577.90 EUR Million in the fourth quarter of 2019 from 3692337.30 EUR Million in the third quarter of 2019. GDP Constant Prices in European Union averaged 3089111.69 EUR Million from 1995 until 2019, reaching an all time high of 3697577.90 EUR Million in the fourth quarter of 2019 and a record low of 2404032.90 EUR Million in the first quarter of 1995. This page provides - European Union GDP Constant Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Spending in European Union increased to 766147.70 EUR Million in the fourth quarter of 2019 from 760031.40 EUR Million in the third quarter of 2019. Government Spending in European Union averaged 644107.44 EUR Million from 1995 until 2019, reaching an all time high of 766147.70 EUR Million in the fourth quarter of 2019 and a record low of 512028 EUR Million in the first quarter of 1995. Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides - European Union Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Spending in European Union increased to 2051492.20 EUR Million in the fourth quarter of 2019 from 2046405.50 EUR Million in the third quarter of 2019. Consumer Spending in European Union averaged 1739018.51 EUR Million from 1995 until 2019, reaching an all time high of 2051492.20 EUR Million in the fourth quarter of 2019 and a record low of 1356724.50 EUR Million in the first quarter of 1995. This page provides - European Union Consumer Spending- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP Deflator in European Union increased to 103.14 points in the fourth quarter of 2019 from 101.88 points in the third quarter of 2019. GDP Deflator in European Union averaged 87.82 points from 1995 until 2019, reaching an all time high of 103.14 points in the fourth quarter of 2019 and a record low of 69.03 points in the first quarter of 1995. This page provides - European Union GDP Deflator - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Employment in European Union increased by 0.30 in December of 2019. Employment Change in European Union averaged 0.18 percent from 1995 until 2019, reaching an all time high of 0.60 percent in the second quarter of 2006 and a record low of -0.70 percent in the first quarter of 2009. In the European Union, employment change refers to the quarterly change in the number of persons who work for pay or profit, or perform unpaid family work. Estimates include both full-time and part-time employment. This page provides - European Union Employment Change- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Industrial Production in European Union increased 1.80 percent in January of 2020 over the previous month. Industrial Production Mom in European Union averaged 0.07 percent from 1991 until 2020, reaching an all time high of 2.70 percent in January of 2016 and a record low of -3.70 percent in January of 2009. This page provides - European Union Industrial Production MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The total population in European Union was estimated at 513.5 million people in 2019, according to the latest census figures and projections from Trading Economics. Looking back, in the year of 1960, European Union had a population of 406.7 million people. In the European Union, data from 1960 until 1974 refers to EU27, whereas from 1975 to present year refers to EU28. This page provides - European Union Population - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Industrial Production in European Union decreased 1.60 percent in January of 2020 over the same month in the previous year. Industrial Production in European Union averaged 1.04 percent from 1992 until 2020, reaching an all time high of 9.40 percent in August of 2000 and a record low of -19.30 percent in April of 2009. This page provides - European Union Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Producer Prices in European Union increased 0.20 percent in January of 2020 over the same month in the previous year. Producer Prices Change in European Union averaged 1.71 percent from 1991 until 2020, reaching an all time high of 10.70 percent in July of 2008 and a record low of -7.60 percent in July of 2009. Producer prices change refers to year over year change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period. This page provides the latest reported value for - European Union Producer Prices Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Producer Prices in European Union increased to 106.70 points in January from 106.20 points in December of 2019. Producer Prices in European Union averaged 85.64 points from 1990 until 2020, reaching an all time high of 107.70 points in October of 2018 and a record low of 65.30 points in February of 1990. This page provides - European Union Producer Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Mining production in European Union decreased 5.60 percent in January of 2020 over the same month in the previous year. Mining Production in European Union averaged -1.68 percent from 1987 until 2020, reaching an all time high of 21.60 percent in June of 1990 and a record low of -18.90 percent in June of 1989. This page provides - European Union Mining Production- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Manufacturing Production in European Union decreased 1.40 percent in January of 2020 over the same month in the previous year. Manufacturing Production in European Union averaged 1.10 percent from 1991 until 2020, reaching an all time high of 10 percent in December of 1994 and a record low of -20 percent in April of 2009. This page provides - European Union Manufacturing Production - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Wages in European Union increased 2.80 percent in December of 2019 over the same month in the previous year. Wage Growth in European Union averaged 2.05 percent from 2009 until 2019, reaching an all time high of 3.60 percent in the second quarter of 2009 and a record low of 0.90 percent in the third quarter of 2010. This page provides - European Union Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news.

CPI Housing Utilities in European Union increased to 106.32 points in January from 105.90 points in December of 2019. CPI Housing Utilities in European Union averaged 80.87 points from 1996 until 2020, reaching an all time high of 106.32 points in January of 2020 and a record low of 47.81 points in January of 1996. This page provides - European Union Cpi Housing & Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Exports in European Union decreased to 158518.80 EUR Million in January from 171261.90 EUR Million in December of 2019. Exports in European Union averaged 112807.28 EUR Million from 1999 until 2020, reaching an all time high of 190167.40 EUR Million in October of 2019 and a record low of 42243.20 EUR Million in January of 1999. This page provides the latest reported value for - European Union Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Imports in European Union increased to 178394.90 EUR Million in January from 156825.50 EUR Million in December of 2019. Imports in European Union averaged 120027.33 EUR Million from 1999 until 2020, reaching an all time high of 188944.50 EUR Million in October of 2019 and a record low of 52217 EUR Million in February of 1999. This page provides the latest reported value for - European Union Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

European Union recorded a trade deficit of 19876 EUR Million in January of 2020. Balance of Trade in European Union averaged -7220.05 EUR Million from 1999 until 2020, reaching an all time high of 21555.80 EUR Million in December of 2016 and a record low of -34765.70 EUR Million in January of 2008. This page provides the latest reported value for - European Union Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Business Confidence in European Union decreased to -10.40 points in March from -6.20 points in February of 2020. Business Confidence in European Union averaged -5.11 points from 1985 until 2020, reaching an all time high of 9.30 points in January of 2018 and a record low of -36.80 points in March of 2009. In the European Union, the business confidence refers to the sentiment among manufacturers. This page provides the latest reported value for - European Union Economic Sentiment Indicator - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Economic Optimism Index in European Union decreased to 94.80 in March from 103 in February of 2020. Economic Optimism Index in European Union averaged 99.49 from 1985 until 2020, reaching an all time high of 118.30 in May of 2000 and a record low of 65.20 in March of 2009. In the European Union, the Economic sentiment indicator is a composite measure (average=100) that calculates the confidence level among: manufacturers (40 percent of the index); service providers (30 percent); consumers (20 percent); retailers (5 percent) and constructors (5 percent). This page provides - European Union Economic Sentiment Indicator- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Youth Unemployment Rate in European Union increased to 14.20 percent in January from 14.10 percent in December of 2019. Youth Unemployment Rate in European Union averaged 18.87 percent from 2000 until 2020, reaching an all time high of 24.10 percent in January of 2013 and a record low of 14.10 percent in December of 2019. In European Union, youth unemployment rate refers to unemployed persons from 15 to 25 years of age. This page provides the latest reported value for - European Union Youth Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Unemployment Rate in European Union remained unchanged at 6.20 percent in January from 6.20 percent in December of 2019. Unemployment Rate in European Union averaged 8.75 percent from 2000 until 2020, reaching an all time high of 11 percent in January of 2013 and a record low of 6.20 percent in October of 2019. In European Union, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides the latest reported value for - European Union Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Productivity in European Union decreased to 103.40 points in the fourth quarter of 2019 from 103.50 points in the third quarter of 2019. Productivity in European Union averaged 91.61 points from 1995 until 2019, reaching an all time high of 103.50 points in the third quarter of 2019 and a record low of 75.40 points in the first quarter of 1995. In the European Union, productivity refers to real labour productivity per hour worked. This page provides - European Union Productivity - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Housing Index in European Union increased to 121.50 points in the fourth quarter of 2019 from 120.66 points in the third quarter of 2019. Housing Index in European Union averaged 100.98 points from 2005 until 2019, reaching an all time high of 121.50 points in the fourth quarter of 2019 and a record low of 83.50 points in the first quarter of 2005. This page provides - European Union House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Labor Force Participation Rate in European Union remained unchanged at 58.30 percent in the fourth quarter of 2019 from 58.30 percent in the third quarter of 2019. Labor Force Participation Rate in European Union averaged 57.51 percent from 2002 until 2019, reaching an all time high of 58.30 percent in the third quarter of 2019 and a record low of 56.30 percent in the second quarter of 2002. This page provides - European Union Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Car Registrations in European Union decreased to 567308 Units in March from 957052 Units in February of 2020. Car Registrations in European Union averaged 1174451.82 Units from 2003 until 2020, reaching an all time high of 1890664 Units in March of 2017 and a record low of 567308 Units in March of 2020. This page provides - European Union Car Registrations- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core Consumer Prices in European Union increased to 105.44 points in March from 104.42 points in February of 2020. Core Consumer Prices in European Union averaged 90.25 points from 1996 until 2020, reaching an all time high of 105.44 points in March of 2020 and a record low of 74.69 points in January of 1996. This page provides - European Union Core Consumer Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The inflation rate in European Union was recorded at 1.20 percent in March of 2020. Inflation Rate in European Union averaged 2.41 percent from 1997 until 2020, reaching an all time high of 8.40 percent in November of 1997 and a record low of -0.50 percent in January of 2015. This page provides the latest reported value for - European Union Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

European Union recorded a Government Budget deficit equal to 0.80 percent of the country's Gross Domestic Product in 2019. Government Budget in European Union averaged -2.80 percent of GDP from 1995 until 2019, reaching an all time high of -0.70 percent of GDP in 2000 and a record low of -6.90 percent of GDP in 1995. This page provides - European Union Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

European Union recorded a government debt equivalent to 79.30 percent of the country's Gross Domestic Product in 2019. Government Debt To GDP in European Union averaged 72.45 percent from 2000 until 2019, reaching an all time high of 87 percent in 2014 and a record low of 58.10 percent in 2007. This page provides - European Union Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Confidence in European Union remained unchanged at -10.40 points in April from -10.40 points in March of 2020. Consumer Confidence in European Union averaged -9.59 points from 1985 until 2020, reaching an all time high of -1.50 points in May of 2000 and a record low of -23 points in March of 2009. This page provides the latest reported value for - European Union Consumer Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product (GDP) in European Union contracted 3.50 percent in the first quarter of 2020 over the previous quarter. GDP Growth Rate in European Union averaged 0.40 percent from 1995 until 2020, reaching an all time high of 1.30 percent in the third quarter of 1999 and a record low of -3.50 percent in the first quarter of 2020. Since July 1, 2013, with the addition of Croatia, the EU has 28 Member States. Among them, the biggest economies are Germany (21 percent of total GDP); the United Kingdom (15 percent); France (15 percent); Italy (11 percent); and Spain (8 percent). On the expenditure side, household consumption is the main component of GDP and accounts for 56 percent of its total use, followed by gross fixed capital formation (20 percent) and government expenditure (20 percent). Exports of goods and services account for 46 percent of GDP while imports account for 42 percent, adding 4 percent of total GDP. This page provides the latest reported value for - European Union GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product (GDP) in European Union contracted 2.70 percent in the first quarter of 2020 over the same quarter of the previous year. GDP Annual Growth Rate in European Union averaged 1.73 percent from 1996 until 2020, reaching an all time high of 4.60 percent in the second quarter of 2000 and a record low of -5.50 percent in the first quarter of 2009. Among EU Member States, the biggest economies are Germany (21 percent of total GDP); the United Kingdom (15 percent); France (15 percent); Italy (11 percent); and Spain (8 percent). On the expenditure side, household consumption is the main component of GDP and accounts for 56 percent of its total use, followed by gross fixed capital formation (20 percent) and government expenditure (20 percent). Exports of goods and services account for 46 percent of GDP while imports account for 42 percent, adding 4 percent of total GDP. This page provides the latest reported value for - European Union GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Capacity Utilization in European Union decreased to 70.10 percent in the second quarter of 2020 from 80.70 percent in the first quarter of 2020. Capacity Utilization in European Union averaged 81.12 percent from 1985 until 2020, reaching an all time high of 85.10 percent in the first quarter of 1990 and a record low of 69.90 percent in the third quarter of 2009. This page provides - European Union Capacity Utilization - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Household Saving Rate in European Union increased to 10.51 percent in the fourth quarter of 2019 from 10.46 percent in the third quarter of 2019. Personal Savings in European Union averaged 11.26 percent from 1999 until 2019, reaching an all time high of 13.19 percent in the fourth quarter of 2009 and a record low of 9.21 percent in the second quarter of 2017. This page provides - European Union Personal Savings - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Standard & Poor's credit rating for European Union stands at AA with stable outlook. Moody's credit rating for European Union was last set at Aaa with stable outlook. Fitch's credit rating for European Union was last reported at AAA with stable outlook. DBRS's credit rating for European Union is AAA with stable outlook. This page provides - European Union Credit Rating- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Deposit Interest Rate In the Euro Area remained unchanged at -0.50 percent in April from -0.50 percent in March of 2020. Deposit Interest Rate in the Euro Area averaged 1.27 percent from 1999 until 2020, reaching an all time high of 3.75 percent in October of 2000 and a record low of -0.50 percent in September of 2019. The deposit facility, as a standing facility, aims to absorb overnight liquidity, signal the general stance of monetary policy and normally provides a floor for the overnight market interest rate. The deposit facility is used at overnight deposits with the national central banks. This page provides - Euro Area Deposit Interest Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Full Time Employment in European Union increased to 184143.70 Thousand in the third quarter of 2019 from 182567.10 Thousand in the second quarter of 2019. Full Time Employment in European Union averaged 175151.98 Thousand from 2002 until 2019, reaching an all time high of 184143.70 Thousand in the third quarter of 2019 and a record low of 167275.40 Thousand in the first quarter of 2013. This page provides - European Union Full Time Employment- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Full Time Employment In the Euro Area increased to 117277.70 Thousand in the third quarter of 2019 from 116318.80 Thousand in the second quarter of 2019. Full Time Employment in the Euro Area averaged 112848.11 Thousand from 2000 until 2019, reaching an all time high of 118849 Thousand in the third quarter of 2008 and a record low of 107485.60 Thousand in the first quarter of 2013. This page provides - Euro Area Full Time Employment- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Steel Production in European Union decreased to 12029 Thousand Tonnes in March from 12277 Thousand Tonnes in February of 2020. Steel Production in European Union averaged 13626.48 Thousand Tonnes from 1990 until 2020, reaching an all time high of 19178 Thousand Tonnes in March of 2007 and a record low of 8457 Thousand Tonnes in December of 1992. This page has Steel Production values for European Union.

Euro Area recorded a Current Account surplus of 33.84 EUR Billion in February of 2020. Current Account in the Euro Area averaged 7.70 EUR Billion from 1999 until 2020, reaching an all time high of 50.38 EUR Billion in December of 2017 and a record low of -33.54 EUR Billion in January of 2008. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides the latest reported value for - Euro Area Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Imports of Petroleum Crude & Products in India decreased to 744.62 INR Billion in March from 768.94 INR Billion in February of 2020. Imports of Petroleum Crude & Products in India averaged 635.74 INR Billion from 2014 until 2020, reaching an all time high of 1038.65 INR Billion in October of 2018 and a record low of 321.70 INR Billion in March of 2016. This page includes a chart with historical data for India Imports of Petroleum Crude & Products.

Imports of Liquefied Petroleum Gas in India decreased to 1.23 TONNE Million in March from 1.34 TONNE Million in February of 2020. Imports of Liquefied Petroleum Gas in India averaged 0.94 TONNE Million from 2014 until 2020, reaching an all time high of 1.59 TONNE Million in September of 2019 and a record low of 0.56 TONNE Million in June of 2014. This page includes a chart with historical data for India Imports of Liquefied Petroleum Gas.

Government spending in European Union was last recorded at 45.8 percent of GDP in 2019 . Government Spending To GDP in European Union averaged 47 percent from 1995 until 2019, reaching an all time high of 51.10 percent in 1995 and a record low of 44.80 percent in 2007. This page provides - European Union Government Spending To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government spending In the Euro Area was last recorded at 47.1 percent of GDP in 2019 . Government Spending to GDP in the Euro Area averaged 48.30 percent from 1995 until 2019, reaching an all time high of 52.90 percent in 1995 and a record low of 45.60 percent in 2007. This page provides the latest reported value for - Euro Area Government Spending to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Euro Area Marginal Lending Rate was at 0.25 percent on Friday May 8. Lending Rate in the Euro Area averaged 2.42 percent from 1999 until 2020, reaching an all time high of 5.75 percent in October of 2000 and a record low of 0.25 percent in March of 2016. In the Euro Area, the marginal lending facility aims to provide overnight liquidity, signal the general stance of monetary policy and normally provides a ceiling for the overnight market interest rate. This facility is available to eligible counterparties on their own initiative, subject to their fulfilment of certain operational access conditions. Counterparties can use the marginal lending facility to obtain overnight liquidity from the national central banks against eligible assets. Under normal circumstances, there are no credit limits or other restrictions on counterparties' access to the facility, apart from the requirement to present sufficient underlying assets. The marginal lending facility is administered in a decentralised manner by the national central banks. This page provides - Euro Area Lending Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Labour Costs in European Union decreased to 105.80 points in the third quarter of 2019 from 111 points in the second quarter of 2019. Labour Costs in European Union averaged 96.94 points from 2009 until 2019, reaching an all time high of 111 points in the second quarter of 2019 and a record low of 84.20 points in the first quarter of 2009. This page provides - European Union Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Labour Costs In the Euro Area decreased to 103.50 points in the third quarter of 2019 from 110.90 points in the second quarter of 2019. Labour Costs in the Euro Area averaged 97.21 points from 2009 until 2019, reaching an all time high of 110.90 points in the second quarter of 2019 and a record low of 83.40 points in the first quarter of 2009. In the Euro Area, unit labour costs are a measure of total labour costs per unit of output calculated as the ratio of compensation per employee to labour productivity (defined as GDP per person employed). This page provides the latest reported value for - Euro Area Labour Costs - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.