Macroeconomic forecast 1995 - 2020   Table summary
Year 1995-2018 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
SpecificationDimension summary
Gross domestic product (GDP) (in volume)Item summary   3.7   4.9   2.5   -0.4   3.7   4.3   4.3   4.6   1.8   3.1   2.8   2.4
Total domestic employmentItem summary   3.4   1.8   3.0   2.4   1.8   2.6   2.6   3.0   3.4   3.7   3.7   3.2
Unemployment rate (in %)Item summary   4.4   5.8   5.7   6.1   6.8   7.1   6.8   6.3   5.9   5.4   5.3   5.3
Consumer price index (NCPI)Item summary   2.1   2.3   3.4   2.7   1.7   0.7   0.5   0.3   1.7   1.5   1.7   1.6
Average of the nominal wage costsItem summary   3.0   1.9   1.9   1.8   2.3   3.5   1.8   0.8   3.0   3.3   2.5   2.6
Capacity/financing requirement (public administration, in % of the GDP)Item summary   2.0   -0.5   0.6   0.4   0.8   1.3   1.4   1.8   1.4   2.7   2.8   1.3




 


Publication date : 03/12/2019
Periodicity: yearly
Contact person

 
Annual variations in %, if not mentioned differently.

 
1995 - 2018 Observed national accounts; 2019 and 2020: forecast.

Definitions :
GDP (Gross domestic product)

 
National accounts concept. 1995 - 2018: Observed national accounts; 2019 and 2020: forecast.

 
Based on unemployment records at the national employment agency (ADEM); a methodological break at the beginning of 2012 makes comparisons with previous forecasts impossible. 2019 and 2020: forecast.

Definitions :
Unemployment rate

 
1995 - 2018: National price index, observed figures; 2019 et 2020: forecast.

Definitions :
National consumer price index (CPI)

 
National accounts concept. 1995 - 2018: Observed national accounts; 2019 and 2020: forecast.

 
STATEC forecast for the years 2019 and 2020 (mesures announced in the stability and growth pact not included), average 1995 - 2018.

Definitions :
Net lending (+) / net borrowing (-) (B.9)