Economy

Annual full-time adjusted salary in EU grew in 2023

Annual full-time adjusted salary in EU grew in 2023

In 2023, the average annual full-time adjusted salary for employees in the EU was €37 900, reflecting a 6.5% increase from €35 600 in 2022. Source dataset: nama_10_fte Among the EU countries, the highest average annual full-time ...

Read MoreArrow
What are goods and services used for in the EU?

What are goods and services used for in the EU?

In 2022, the EU produced €31 674 billion worth of goods and services, while imports from outside the EU (excluding intra-EU trade) were valued at €3 106 billion. Nearly half (48.7%) of these goods and services were used for intermediate ...

Read MoreArrow
Revised EU law heralds new chapter for official statistics

Revised EU law heralds new chapter for official statistics

The landscape of European statistics is entering a new chapter with the Council of the European Union’s adoption of the revised Regulation (EC) No 223/2009 on European statistics on 5 November — an updated law governing the development, ...

Read MoreArrow
Council highlights progress on EU statistics in its 2024 conclusions

Council highlights progress on EU statistics in its 2024 conclusions

The Economic and Financial Affairs Council (ECOFIN) approved the 2024 conclusions on EU statistics on 5 November. In its conclusions, the Council welcomed among others: the improvements in the quality and availability of the Principal ...

Read MoreArrow
EU and euro area tax-to-GDP ratio down in 2023

EU and euro area tax-to-GDP ratio down in 2023

The overall tax-to-GDP ratio, meaning the sum of taxes and net social contributions as a percentage of gross domestic product (GDP), stood at 40.0% in the EU in 2023, a decrease compared with 2022 (40.7%). In the euro area, the tax-to- ...

Read MoreArrow
Record high employment rate, regional disparities

Record high employment rate, regional disparities

In 2023, the EU’s employment rate stood at 75.3%, up 0.7 percentage points (pp) compared with 2022. This is the highest level in the entire available time series. Among the EU regions at level 2 of the nomenclature of territorial units ...

Read MoreArrow