Location:
Europe between the North Atlantic Ocean in the west and Russia, Belarus, and Ukraine to the east
Map references:
Area:
total:4,479,968 sq km
rank by area (sq km):
1. France (includes five overseas regions) 643,801
2. Spain 505,370
3. Sweden 450,295
4. Germany 357,022
5. Finland 338,145
6. Poland 312,685
7. Italy 301,340
8. United Kingdom (includes Gibraltar) 243,617
9. Romania 238,391
10. Greece 131,957
11. Bulgaria 110,879
12. Hungary 93,028
13. Portugal 92,090
14. Austria 83,871
15. Czechia 78,867
16. Ireland 70,273
17. Lithuania 65,300
18. Latvia 64,589
19. Croatia 56,594
20. Slovakia 49,035
21. Estonia 45,228
22. Denmark 43,094
23. Netherlands 41,543
24. Belgium 30,528
25. Slovenia 20,273
26. Cyprus 9,251
27. Luxembourg 2,586
28. Malta 316
Area - comparative:
less than one-half the size of the US
Land boundaries:
total:13,271 km
border countries (17):Albania 212 km, Andorra 118 km, Belarus 1176 km, Bosnia and Herzegovina 956 km, Holy See 3 km, Liechtenstein 34 km, Macedonia 396 km, Moldova 683 km, Monaco 6 km, Montenegro 19 km, Norway 2375 km, Russia 2435 km, San Marino 37 km, Serbia 1353 km, Switzerland 1729 km, Turkey 415 km, Ukraine 1324 km
note: data for European continent only
Coastline:
Climate:
cold temperate; potentially subarctic in the north to temperate; mild wet winters; hot dry summers in the south
Terrain:
fairly flat along Baltic and Atlantic coasts; mountainous in the central and southern areas
Elevation:
-7 mlowest point: Lammefjord, Denmark
-7 Zuidplaspolder, Netherlands4810 highest point: Mont Blanc
Natural resources:
iron ore, natural gas, petroleum, coal, copper, lead, zinc, bauxite, uranium, potash, salt, hydropower, arable land, timber, fish
Irrigated land:
154,539.82 sq km(2011 est.)
Population distribution:
population distribution varies considerably from country to country, but tends to follow a pattern of coastal and river settlement, with urban agglomerations forming large hubs facilitating large scale housing, industry, and commerce; the area in and around the Netherlands, Belgium, and Luxembourg (known collectively as Benelux), is the most densely populated area in the EU
Natural hazards:
flooding along coasts; avalanches in mountainous area; earthquakes in the south; volcanic eruptions in Italy; periodic droughts in Spain; ice floes in the Baltic
Environment - current issues:
various forms of air, soil, and water pollution; see individual country entries
Environment - international agreements:
party to:Air Pollution, Air Pollution-Nitrogen Oxides, Air Pollution-Persistent Organic Pollutants, Air Pollution-Sulphur 94, Antarctic-Marine Living Resources, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Hazardous Wastes, Law of the Sea, Ozone Layer Protection, Tropical Timber 83, Tropical Timber 94
signed, but not ratified:Air Pollution-Volatile Organic Compounds
Population:
517,111,329(July 2018 est.)
rank by population: Germany - 80,457,737France - 67,364,357United Kingdom - 65,105,246Italy - 62,246,674Spain - 49,331,076Poland - 38,420,687Romania - 21,457,116Netherlands - 17,151,228Belgium - 11,570,762Greece - 10,761,523Czechia - 10,686,269Portugal - 10,355,493Sweden - 10,040,995Hungary - 9,825,704Austria - 8,793,370Bulgaria - 7,057,504Denmark - 5,809,502Finland - 5,537,364Slovakia - 5,445,040Ireland - 5,068,050Croatia - 4,270,480Lithuania - 2,793,284Slovenia - 2,102,126Latvia - 1,923,559Estonia - 1,244,288Cyprus - 1,237,088Luxembourg - 605,764Malta - 449,043 (July 2018 est.)
Languages:
Bulgarian, Croatian, Czech, Danish, Dutch, English, Estonian, Finnish, French, German, Greek, Hungarian, Irish, Italian, Latvian, Lithuanian, Maltese, Polish, Portuguese, Romanian, Slovak, Slovene, Spanish, Swedish(2012)
note: only the 24 official languages are listed; German, the major language of Germany, Austria, and Switzerland, is the most widely spoken mother tongue - about 16% of the EU population; English is the most widely spoken foreign language - about 38% of the EU population is conversant with it
Religions:
Roman Catholic 48%, Protestant 12%, Orthodox 8%, other Christian 4%, Muslim 2%, other 1% (includes Jewish, Sikh, Buddhist, Hindu), atheist 7%, non-believer/agnostic 16%, unspecified 2%(2012 est.)
Age structure:
0-14 years:15.43%(male 40,905,648/female 38,860,151)
15-24 years:10.62%(male 28,085,190/female 26,851,677)
25-54 years:41.17%(male 107,404,085/female 105,480,809)
55-64 years:13.14%(male 33,083,278/female 34,885,100)
65 years and over:19.64%(male 43,673,572/female 57,881,819)(2018 est.)
population pyramid:![\"population](\"/attachments/images/thumb/EE_popgraph.bmp?1538604949\")
Europe
:: European UnionPrint This is the population pyramid for European Union. A population pyramid illustrates the age and sex structure of a country's population and may provide insights about political and social stability, as well as economic development. The population is distributed along the horizontal axis, with males shown on the left and females on the right. The male and female populations are broken down into 5-year age groups represented as horizontal bars along the vertical axis, with the youngest age groups at the bottom and the oldest at the top. The shape of the population pyramid gradually evolves over time based on fertility, mortality, and international migration trends.
For additional information, please see the entry for Population pyramid on the Definitions and Notes page under the References tab.
Median age:
Population growth rate:
Birth rate:
9.9 births/1,000 population(2018 est.)
Death rate:
10.4 deaths/1,000 population(2018 est.)
Net migration rate:
2.4 migrant(s)/1,000 population(2018 est.)
Population distribution:
population distribution varies considerably from country to country, but tends to follow a pattern of coastal and river settlement, with urban agglomerations forming large hubs facilitating large scale housing, industry, and commerce; the area in and around the Netherlands, Belgium, and Luxembourg (known collectively as Benelux), is the most densely populated area in the EU
Sex ratio:
at birth:1.06 male(s)/female
0-14 years:1.05 male(s)/female
15-24 years:1.05 male(s)/female
25-54 years:1.02 male(s)/female
55-64 years:0.95 male(s)/female
65 years and over:0.75 male(s)/female
total population:0.96 male(s)/female(2018 est.)
Infant mortality rate:
total:3.9 deaths/1,000 live births(2017 est.)
male:4.2 deaths/1,000 live births(2017 est.)
female:3.5 deaths/1,000 live births(2017 est.)
Life expectancy at birth:
total population:80.7 years
male:77.9 years
female:83.6 years(2018 est.)
Total fertility rate:
1.62 children born/woman(2018 est.)
HIV/AIDS - adult prevalence rate:
note - see individual entries of member states
HIV/AIDS - people living with HIV/AIDS:
note - see individual entries of member states
HIV/AIDS - deaths:
note - see individual entries of member states
Unemployment, youth ages 15-24:
total:21%(2016 est.)
male:21.3%(2016 est.)
female:20.8%(2016 est.)
Union name:
conventional long form:European Union
abbreviation:EU
Political structure:
a hybrid and unique intergovernmental and supranational organization
Capital:
name:Brussels (Belgium), Strasbourg (France), Luxembourg, Frankfurt (Germany); note - the European Council, a gathering of the EU heads of state and/or government, and the Council of the European Union, a ministerial-level body of ten formations, meet in Brussels, Belgium, except for Council meetings held in Luxembourg in April, June, and October; the European Parliament meets in Brussels and Strasbourg, France, and has administrative offices in Luxembourg; the Court of Justice of the European Union is located in Luxembourg; and the European Central Bank is located in Frankfurt, Germany
geographic coordinates:(Brussels) 50 50 N, 4 20 E
time difference:UTC+1 (6 hours ahead of Washington, DC, during Standard Time)
daylight saving time:+1hr, begins last Sunday in March; ends last Sunday in October
note: the 28 European Union countries spread across three time zones; a proposal has been put forward to do away with daylight savings time in all EU countries
Member states:
28 countries: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, UK; note - candidate countries: Albania, Macedonia, Montenegro, Serbia, Turkey
there are 25 OCTs (1 with Denmark [Greenland], 6 with France [French Polynesia; French Southern and Antarctic Lands; New Caledonia; Saint Barthelemy; Saint Pierre and Miquelon; Wallis and Futuna], 6 with the Netherlands [Aruba, Bonaire, Curacao, Saba, Sint Eustatius, Sint Maarten], and 12 with the UK [Anguilla; Bermuda; British Antarctic Territory; British Indian Ocean Territory; British Virgin Islands; Cayman Islands; Falkland Islands; Montserrat; Pitcairn Islands; Saint Helena, Ascension, and Tristan da Cunha; South Georgia and the South Sandwich Islands; Turks and Caicos Islands]), of which 22 have joined the Overseas Countries and Territories Association (OCTA); the 3 OCTs that are not part of OCTA (British Antarctic Territory, British Indian Ocean Territory, South Georgia and the South Sandwich Islands) do not have a permanent population
note: there are non-European overseas countries and territories (OCTs) having special relations with Denmark, France, the Netherlands, and the UK (list is annexed to the Treaty on the Functioning of the European Union), that are associated with the Union to promote their economic and social development; member states apply to their trade with OCTs the same treatment as they accord each other pursuant to the treaties; OCT nationals are in principle EU citizens, but these countries are neither part of the EU, nor subject to the EU
Independence:
7 February 1992 (Maastricht Treaty signed establishing the European Union); 1 November 1993 (Maastricht Treaty entered into force)
note: the Treaties of Rome, signed on 25 March 1957 and subsequently entered into force on 1 January 1958, created the European Economic Community and the European Atomic Energy Community; a series of subsequent treaties have been adopted to increase efficiency and transparency, to prepare for new member states, and to introduce new areas of cooperation - such as a single currency; the Treaty of Lisbon, signed on 13 December 2007 and entered into force on 1 December 2009 is the most recent of these treaties and is intended to make the EU more democratic, more efficient, and better able to address global problems with one voice
National holiday:
Europe Day (also known as Schuman Day), 9 May (1950); note - the day in 1950 that Robert SCHUMAN proposed the creation of what became the European Coal and Steel Community, the progenitor of today's European Union, with the aim of achieving a united Europe
Constitution:
history:none; note - the EU legal order relies primarily on two consolidated texts encompassing all provisions as amended from a series of past treaties: the Treaty on European Union (TEU), as modified by the 2009 Lisbon Treaty states in Article 1 that \"the HIGH CONTRACTING PARTIES establish among themselves a EUROPEAN UNION ... on which the Member States confer competences to attain objectives they have in common\"; Article 1 of the TEU states further that the EU is \"founded on the present Treaty and on the Treaty on the Functioning of the European Union (hereinafter referred to as 'the Treaties'),\" both possessing the same legal value; Article 6 of the TEU provides that a separately adopted Charter of Fundamental Rights of the European Union \"shall have the same legal value as the Treaties\"(2016)
amendments:European Union treaties can be amended in several ways: 1) Ordinary Revision Procedure (for key amendments to the treaties); initiated by an EU country’s government, by the EU Parliament, or by the EU Commission; following adoption of the proposal by the European Council, a convention is formed of national government representatives to review the proposal and subsequently a conference of government representatives also reviews the proposal; passage requires ratification by all EU countries; 2) Simplified Revision Procedure (for amendment of EU internal policies and actions); passage of a proposal requires unanimous European Council vote following European Council consultation with the EU Commission, the European Council, and the European Parliament, and requires ratification by all EU countries; 3) Passerelle Clause (allows the alteration of a legislative procedure without a formal amendment of the treaties); 4) Flexibility Clause (permits the EU to decide in subject areas not covered by the EU treaties); note - the Treaty of Lisbon (signed in December 2007 and effective in December 2009) amended the two treaties that formed the EU - the Maastricht Treaty (1993) and the Treaty of Rome (1958), known in updated form as the Treaty on the Functioning of the European Union (2007)(2016)
Legal system:
unique supranational law system in which, according to an interpretive declaration of member-state governments appended to the Treaty of Lisbon, \"the Treaties and the law adopted by the Union on the basis of the Treaties have primacy over the law of Member States\" under conditions laid down in the case law of the Court of Justice; key principles of EU law include fundamental rights as guaranteed by the Charter of Fundamental Rights and as resulting from constitutional traditions common to the EU's 28-member states; EU law is divided into 'primary' and 'secondary' legislation; primary legislation is derived from the consolidated versions of the Treaty on European Union and the Treaty on the Functioning of the European Union and are the basis for all EU action; secondary legislation - which includes directives, regulations, and decisions - is derived from the principles and objectives set out in the treaties
Suffrage:
18 years of age (16 years in Austria); universal; voting for the European Parliament is permitted in each member state
Judicial branch:
highest courts:European Court of Justice or ECJ (consists of 28 judges - 1 from each member state); the court may sit as a full court or in a \"Grand Chamber\" of 13 judges in special cases but usually in chambers of 3 to 5 judges
judge selection and term of office:judges appointed by the common consent of the member states to serve 6-year renewable terms
subordinate courts:General Court; Civil Service Tribunal
note: the ECJ is the supreme judicial authority of the EU; it ensures that EU law is interpreted and applied uniformly throughout the EU, resolves disputed issues among the EU institutions and with member states, and issues opinions on questions of EU law referred by member state courts
Executive branch:
the European Council:brings together heads of state and government, along with the president of the European Commission, and meets at least four times a year; its aim is to provide the impetus for the development of the Union and to issue general policy guidelines; the Treaty of Lisbon established the position of \"permanent\" (full-time) president of the European Council; leaders of the EU member states appoint the president for a 2 1/2 year term, renewable once; the president's responsibilities include chairing the EU summits and providing policy and organizational continuity; the current president is Donald TUSK (Poland), since 1 December 2014, succeeding Herman VAN ROMPUY (Belgian; 2009-14)
the Council of the European Union:consists of ministers of each EU member state and meets regularly in 10 different configurations depending on the subject matter; it conducts policymaking and coordinating functions as well as legislative functions; ministers of EU member states chair meetings of the Council of the EU based on a 6-month rotating presidency except for the meetings of EU Foreign Ministers in the Foreign Affairs Council that are chaired by the High Representative for Foreign Affairs and Security Policy
the European Commission:headed by a College of Commissioners comprised of 28 members (one from each member country) including the president; each commissioner is responsible for one or more policy areas; the Commission's main responsibilities include the sole right to initiate EU legislation (except for foreign and security/defense policy), promoting the general interest of the EU, acting as \"guardian of the Treaties\" by monitoring the application of EU law, implementing/executing the EU budget, managing programs, negotiating on the EU's behalf in core policy areas such as trade, and ensuring the Union's external representation in some policy areas; its current president is Jean-Claude JUNCKER (Luxembourg) elected on 15 July 2014 (took office on 1 November 2014); the president of the European Commission is nominated by the European Council and formally \"elected\" by the European Parliament; the Commission president allocates specific responsibilities among the members of the College (appointed by common accord of the member state governments in consultation with the president-elect); the European Parliament confirms the entire Commission for a 5-year term; President JUNCKER reorganized the structure of the College around clusters or project teams coordinated by 7 vice presidents in line with the current Commission's main political priorities and appointed Frans TIMMERMANS (Netherlands) to act as his first vice president; the confirmation process for the next Commission expected be held in the fall of 2019
under the EU treaties there are three distinct institutions, each of which conducts functions that may be regarded as executive in nature:
note: for external representation and foreign policy making, leaders of the EU member states appointed Federica MOGHERINI (Italy) as the High Representative of the European Union for Foreign Affairs and Security Policy; MOGHERINI took office on 1 November 2014, succeeding Catherine ASHTON (UK) (2009-14); the High Representative's concurrent appointment as Vice President of the European Commission endows the position with the policymaking influence of the Council of the EU and the budgetary influence (subject to Council's approval) of the Council of the EU and the budgetary/management influence of the European Commission; the High Representative helps develop and implement the EU's Common Foreign and Security Policy and Common Security and Defense Policy component, chairs the Foreign Affairs Council, represents and acts for the Union in many international contexts, and oversees the European External Action Service, the diplomatic corps of the EU, established on 1 December 2010
Legislative branch:
description:two legislative bodies consisting of the Council of the European Union (28 seats; ministers representing the 28 member states) and the European Parliament (751 seats; seats allocated among member states roughly in proportion to population size; members elected by proportional representation to serve 5-year terms); note - the European Parliament President, Antonio TAJANI (Italian center-right), was elected in January 2017 by a majority of fellow members of the European Parliament (MEPs) and represents the Parliament within the EU and internationally; the Council of the EU and the MEPs share responsibilities for adopting the bulk of EU legislation, normally acting in co-decision on Commission proposals (but not in the area of Common Foreign and Security Policy, which is governed by consensus of the EU member state governments)
elections:last held on 22-25 May 2014 (next to be held 23-26 May 2019)
election results:percent of vote - EPP 29.4%, S&D 25.4%, ECR 9.3%, ALDE 8.9%, GUE/NGL 6.9%, Greens/EFA 6.7%, EFD 6.4%, independent 6.9%; seats by party - EPP 221, S&D 191, ECR 70, ALDE 67, GUE/NGL 52, Greens/EFA 50, EFD 48, independent 52
Political parties and leaders:
Alliance of Liberals and Democrats for Europe or ALDE [Guy VERHOFSTADT]
European United Left-Nordic Green Left or GUE/NGL [Gabriele ZIMMER]
Europe of Freedom and Direct Democracy or EFDD [Nigel FARAGE]
Europe of Nations and Freedom or ENF or ENL [Nicolas BAY and Marcel DE GRAAFF]
European Conservatives and Reformists or ECR [Syed KAMALL]
European Greens/European Free Alliance or Greens/EFA [Ska KELLER and Philippe LAMBERTS]
European People's Party or EPP [Joseph DAUL]
Progressive Alliance of Socialists and Democrats or S&D [Udo BULLMANN]
International organization participation:
ARF, ASEAN (dialogue member), Australian Group, BIS, BSEC (observer), CBSS, CERN, EBRD, FAO, FATF, G-8, G-10, G-20, IDA, IEA, IGAD (partners), LAIA (observer), NSG (observer), OAS (observer), OECD, PIF (partner), SAARC (observer), SICA (observer), UN (observer), UNRWA (observer), WCO, WTO, ZC (observer)
Diplomatic representation in the US:
chief of mission:Ambassador David O'SULLIVAN (since 18 November 2014)
chancery:2175 K Street, NW, Suite 800, Washington, DC 20037
telephone:[1] (202) 862-9500
FAX:[1] (202) 429-1766
Diplomatic representation from the US:
chief of mission:Ambassador Gordon SONDLAND (since 9 July 2018)
embassy:13 Zinnerstraat/Rue Zinner, B-1000 Brussels
mailing address:use embassy street address
telephone:[32] (2) 811-4100
FAX:[32] (2) 811-5154
Flag description:
a blue field with 12 five-pointed gold stars arranged in a circle in the center; blue represents the sky of the Western world, the stars are the peoples of Europe in a circle, a symbol of unity; the number of stars is fixed
National symbol(s):
a circle of 12, five-pointed, golden yellow stars on a blue field; union colors: blue, yellow
National anthem:
name:Ode to Joy
lyrics/music:no lyrics/Ludwig VAN BEETHOVEN, arranged by Herbert VON KARAJAN
note: official EU anthem since 1985; the anthem is meant to represent all of Europe rather than just the organization, conveying ideas of peace, freedom, and unity
Economy - overview:
The 28 member states that make up the EU have adopted an internal single market with free movement of goods, services, capital, and labor. The EU, which is also a customs union, aims to bolster Europe's trade position and its political and economic weight in international affairs.
Despite great differences in per capita income among member states (from $28,000 to $109,000) and in national attitudes toward issues like inflation, debt, and foreign trade, the EU has achieved a high degree of coordination of monetary and fiscal policies. A common currency – the euro – circulates among 19 of the member states that make up the European Economic and Monetary Union (EMU). Eleven member states introduced the euro as their common currency on 1 January 1999 (Greece did so two years later). Since 2004, 13 states acceded to the EU. Of the 13, Slovenia (2007), Cyprus and Malta (2008), Slovakia (2009), Estonia (2011), Latvia (2014), and Lithuania (2015) have adopted the euro; 7 other member states - excluding the UK and Denmark, which have formal opt-outs - are required by EU treaties to adopt the common currency upon meeting fiscal and monetary convergence criteria.
The EU economy posted moderate GDP growth for 2014 through 2017, capping five years of sustained growth since the 2008-09 global economic crisis and the ensuing sovereign debt crisis in the euro zone in 2011. However, the bloc’s recovery has been uneven. Some EU member states (Czechia, Ireland, Malta, Romania, Sweden, and Spain) have recorded strong growth, others (Italy and the UK) are experiencing modest expansion and some (Greece) have only recently shaken off recession. Only Greece remains under an EU rescue program (due to end in August 2018), while Cyprus, Ireland, Portugal, and Spain have successfully concluded their agreements. Overall, the EU’s recovery has been buoyed by lower commodities prices and accommodative monetary policy, which has lowered interest rates and stimulated demand. The euro zone, which makes up about 70% of the total EU economy, is also performing well, achieving a growth rate not seen in a decade. In October 2017 the European Central Bank (ECB) announced it would extend its bond-buying program through September 2018, and possibly beyond that date, to keep the euro zone recovery on track. The ECB’s efforts to spur more lending and investment through its asset-buying program, negative interest rates, and long-term loan refinancing programs have not yet raised inflation in line with the ECB’s statutory target of just under 2%.
Despite its performance, high unemployment in some member states, high levels of public and private debt, muted productivity, an incomplete single market in services, and an aging population remain sources of potential drag on the EU’s future growth. Moreover, the EU economy remains vulnerable to a slowdown of global trade and bouts of political and financial turmoil. In June 2016, the UK voted to withdraw from the EU, the first member country ever to attempt to secede. Continued uncertainty about the implications of the UK’s exit from the EU (set for March 2019) could hurt consumer and investor confidence and dampen EU growth, particularly if trade and cross-border investment significantly declines. Political disagreements between EU member states on reforms to fiscal and economic policy also may impair the EU’s ability to bolster its crisis-prevention and resolution mechanisms. International investors’ fears of a broad dissolution of the single currency area have largely dissipated, but these concerns could resurface if elected leaders implement policies that contravene euro-zone budget or banking rules. State interventions in ailing banks, including rescue of banks in Italy and resolution of banks in Spain, have eased financial vulnerabilities in the European banking sector even though some banks are struggling with low profitability and a large stock of bad loans, fragilities that could precipitate localized crises. Externally, the EU has continued to pursue comprehensive free trade agreements to expand EU external market share, particularly with Asian countries; EU and Japanese leaders reached a political-level agreement on a free trade agreement in July 2017, and agreement with Mexico in April 2018 on updates to an existing free trade agreement.
GDP (purchasing power parity):
$20.85 trillion(2017 est.)
$20.38 trillion(2016 est.)
$19.98 trillion(2015 est.)
note: data are in 2017 dollars
GDP (official exchange rate):
$17.11 trillion(2017 est.)(2017 est.)
GDP - real growth rate:
2.3%(2017 est.)
2%(2016 est.)
2.3%(2015 est.)
GDP - per capita (PPP):
$40,900(2017 est.)
$39,400(2016 est.)
$38,200(2015 est.)
note: data are in 2017 dollars
Gross national saving:
22.7% of GDP(2017 est.)
22.2% of GDP(2016 est.)
22% of GDP(2015 est.)
GDP - composition, by end use:
household consumption:54.4%(2016 est.)
government consumption:20.4%(2016 est.)
investment in fixed capital:19.8%(2016 est.)
investment in inventories:0.4%(2016 est.)
exports of goods and services:43.9%(2016 est.)
imports of goods and services:-40.5%(2016 est.)
GDP - composition, by sector of origin:
agriculture:1.6%(2017 est.)
industry:25.1%(2017 est.)
services:70.9%(2017 est.)
Agriculture - products:
wheat, barley, oilseeds, sugar beets, wine, grapes; dairy products, cattle, sheep, pigs, poultry; fish
Industries:
among the world's largest and most technologically advanced regions, the EU industrial base includes: ferrous and non-ferrous metal production and processing, metal products, petroleum, coal, cement, chemicals, pharmaceuticals, aerospace, rail transportation equipment, passenger and commercial vehicles, construction equipment, industrial equipment, shipbuilding, electrical power equipment, machine tools and automated manufacturing systems, electronics and telecommunications equipment, fishing, food and beverages, furniture, paper, textiles
Industrial production growth rate:
Labor force:
Labor force - by occupation:
agriculture:5%
industry:21.9%
services:73.1%(2014 est.)
Unemployment rate:
8.6%(2016 est.)
9.4%(2015 est.)
Population below poverty line:
9.8%(2013 est.)
note: see individual country entries of member states
Household income or consumption by percentage share:
lowest 10%:23.8%(2016 est.)
highest 10%:23.8%(2016 est.)
Distribution of family income - Gini index:
30.8(2016 est.)
31(2015 est.)
Taxes and other revenues:
Budget surplus (+) or deficit (-):
Public debt:
86.8% of GDP(2014)
85.5% of GDP(2013)
Fiscal year:
Inflation rate (consumer prices):
1.5%(2017 est.)
1.1%(2016 est.)
Central bank discount rate:
0%(31 December 2017 est.)
0%(31 December 2016 est.)
note: this is the European Central Bank's rate on the marginal lending facility, which offers overnight credit to banks in the euro area
Commercial bank prime lending rate:
0.25%(31 December 2017 est.)
0.25%(31 December 2016 est.)
Stock of narrow money:
$8.775 trillion(31 December 2017 est.)
$13.13 trillion(31 December 2016 est.)
note: this is the quantity of money, M1, for the euro area, converted into US dollars at the exchange rate for the date indicated; it excludes the stock of money carried by non-euro-area members of the European Union, e.g., UK pounds, Danish kroner, and Czech koruny
Stock of broad money:
$8.138 trillion(31 December 2017 est.)
$12.62 trillion(31 December 2016 est.)
note: this is the quantity of broad money for the euro area, converted into US dollars at the exchange rate for the date indicated; it excludes the stock of broad money carried by non-euro-area members of the European Union
Stock of domestic credit:
$22.74 trillion(31 December 2016 est.)
$22.92 trillion(31 December 2015 est.)
note: this figure refers to the euro area only; it excludes credit data for non-euro-area members of the EU
Market value of publicly traded shares:
$7.185 trillion(31 December 2014 est.)
$7.932 trillion(31 December 2013 est.)
$10.4 trillion(31 December 2012 est.)
Current account balance:
$404.9 billion(2017 est.)
$359.7 billion(2016 est.)
Exports:
$1.929 trillion(2016 est.)
$1.985 trillion(2015 est.)
note: external exports, excluding intra-EU trade
Exports - partners:
United States 20.7%, China 9.6%, Switzerland 8.1%, Turkey 4.4%, Russia 4.1%(2016 est.)
Exports - commodities:
machinery, motor vehicles, pharmaceuticals and other chemicals, fuels, aircraft, plastics, iron and steel, wood pulp and paper products, alcoholic beverages, furniture
Imports:
$1.895 trillion(2016 est.)
$1.92 trillion(2015 est.)
note: external imports, excluding intra-EU trade
Imports - commodities:
fuels and crude oil, machinery, vehicles, pharmaceuticals and other chemicals, precious gemstones, textiles, aircraft, plastics, metals, ships
Imports - partners:
China 20.1%, United States 14.5%, Switzerland 7.1%, Russia 6.3%(2016 est.)
Reserves of foreign exchange and gold:
$740.9 billion(31 December 2014 est.)
$746.9 billion(31 December 2013)
note: data are for the European Central Bank
Debt - external:
$29.27 trillion(31 December 2016 est.)
$28.68 trillion(31 December 2015 est.)
Stock of direct foreign investment - at home:
$6.938 trillion(31 December 2016 est.)
$6.482 trillion(31 December 2015 est.)
Stock of direct foreign investment - abroad:
$8.411 trillion(31 December 2016 est.)
$7.649 trillion(31 December 2015 est.)
Exchange rates:
euros per US dollar -
0.885(2017 est.)
0.903(2016 est.)
0.9214(2015 est.)
0.885(2014 est.)
0.7634(2013 est.)
Electricity - production:
3.043 trillion kWh(2015 est.)
Electricity - consumption:
2.845 trillion kWh(2015 est.)
Electricity - exports:
390 billion kWh(2015 est.)
Electricity - imports:
397 billion kWh(2015 est.)
Electricity - installed generating capacity:
975 million kW(2015 est.)
Electricity - from fossil fuels:
44% of total installed capacity(2015 est.)
Electricity - from nuclear fuels:
12% of total installed capacity(2015 est.)
Electricity - from hydroelectric plants:
11% of total installed capacity(2015 est.)
Electricity - from other renewable sources:
44% of total installed capacity(2015 est.)
Crude oil - production:
1.488 million bbl/day(2016 est.)
Crude oil - proved reserves:
5.1 billion bbl(2016 est.)
Refined petroleum products - production:
11.66 million bbl/day(2016 est.)
Refined petroleum products - consumption:
12.89 million bbl/day(2015 est.)
Refined petroleum products - exports:
2.196 million bbl/day(2017 est.)
Refined petroleum products - imports:
8.613 million bbl/day(2017 est.)
Natural gas - production:
118.2 billion cu m(2016 est.)
Natural gas - consumption:
428.8 billion cu m(2016 est.)
Natural gas - exports:
93.75 billion cu m(2010 est.)
Natural gas - imports:
420.6 billion cu m(2010 est.)
Natural gas - proved reserves:
1.3 trillion cu m(1 January 2017 est.)
Carbon dioxide emissions from consumption of energy:
3.475 billion Mt(2015 est.)