5
Graphic detail Charts, maps and infographics European economy guide Taking Europe’s pulse Feb 13th 2015, 20:00 by The Data team Our interactive overview of European GDP, debt and jobs Europe’s economies Currency Economy GDP per person Unemployment Youth unemployment Debt Public debt Budget balance Primary balance Growth Latest GDP change 2015 GDP forecast 2016 GDP forecast Source: The Economist IS THE euro zone at a turningpoint? Policymakers, unsurprisingly, would have you believe so. They point to fasterthanexpected growth in the fourth quarter of 2014: the euro zone as a whole grew by 0.3% in the quarter, and its biggest economy, Germany, expanded by 0.7%. The European Commission is forecasting growth in 2015 of 1.3%, which would be the euro area's best outcome since 2010. Still, it's hard to get excited. France and Italy, the zone's second and thirdlargest economies, stagnated in the final quarter of the year. Greece's return to the headlines has the potential to unsettle markets. And fears grow that the 18member currency club may fall into deflation: prices are falling in Germany, Italy and Spain. The ECB has adopted measures to boost prices and growth—most notably by agreeing to a controversial programme of quantitative easing—but it did so for a reason. Our interactive graphic (updated February 13th 2015) displays the latest economic and fiscal differences across the European Union.

European Economy Guide_ Taking Europe’s Pulse _ the Economist

Embed Size (px)

DESCRIPTION

European Ecoomy falling

Citation preview

  • GraphicdetailCharts,mapsandinfographics

    Europeaneconomyguide

    TakingEuropespulseFeb13th2015,20:00byTheDatateam

    OurinteractiveoverviewofEuropeanGDP,debtandjobs

    Europeseconomies

    CurrencyEconomy

    GDPperpersonUnemploymentYouthunemployment

    DebtPublicdebtBudgetbalancePrimarybalance

    GrowthLatestGDPchange2015GDPforecast2016GDPforecast

    Source:TheEconomist

    ISTHEeurozoneataturningpoint?Policymakers,unsurprisingly,wouldhaveyoubelieveso.Theypointtofasterthanexpectedgrowthinthefourth

    quarterof2014:theeurozoneasawholegrewby0.3%inthequarter,anditsbiggesteconomy,Germany,expandedby0.7%.TheEuropeanCommissionis

    forecastinggrowthin2015of1.3%,whichwouldbetheeuroarea'sbestoutcomesince2010.

    Still,it'shardtogetexcited.FranceandItaly,thezone'ssecondandthirdlargesteconomies,stagnatedinthefinalquarteroftheyear.Greece'sreturntothe

    headlineshasthepotentialtounsettlemarkets.Andfearsgrowthatthe18membercurrencyclubmayfallintodeflation:pricesarefallinginGermany,Italy

    andSpain.TheECBhasadoptedmeasurestoboostpricesandgrowthmostnotablybyagreeingtoacontroversialprogrammeofquantitativeeasingbutit

    didsoforareason.

    Ourinteractivegraphic(updatedFebruary13th2015)displaysthelatesteconomicandfiscaldifferencesacrosstheEuropeanUnion.

  • Source:Eurostat

    Source:Eurostat

  • *15to24yearoldsSource:Eurostat

    Source:EuropeanCommission

    Source:EuropeanCommission

  • Source:EuropeanCommission

    *Q42014orlatestSource:Eurostat

  • Source:EuropeanCommission

    Source:EuropeanCommission