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Build #: DEV
Economic activity
Exchange rates and balance of payments
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Selected Indicators for the Euro Area
(annual percentage changes unless otherwise stated)
Euro Area
Reference Period
Inflation rate (HICP)
8.5
2023Feb
Monetary aggregate M3
3.5
2023Jan
GDP in prices of the previous year (economic growth)
1.8
2022Q4
Unit labour costs
4.7
2022Q4
Population (in thousands)
344569
2022
Unemployment rate (as a % of labour force)
6.7
2023Jan
Labour productivity
0.3
2022Q4
Current account balance (as a % of GDP)
1.05
2022Q4
US dollar / Euro exchange rate
1.0717
20 Mar 2023
Government deficit (-) / surplus (+) (as a % of GDP)
-2.6
2022Q3
Government debt (as a % of GDP)
93.0
2022Q3
Euro Area External Transactions and Positions
(EUR billions)
2022Nov
2022Dec
2023Jan
2023Feb
Current account balance
12.7
28.9
.
.
Direct investment balance
4.3
21.3
.
.
Portfolio investment balance
-16.8
90.3
.
.
Reserve assets (end of period position)
1,115.1
1,114.3
1,125.4
1,096.1
Effective Exchange Rate of the Euro EER-42
