Economy of Euro areaPopulation:
GDP per Capita:
GDP and Economic Growth
Government spending and balances
International Trade and Investment
|Terms of Trade Base Year 2000||Euro area|
|Trade Openness||Euro area|
|Exports of Goods and Services % GDP|
|Exports Goods & Services|
|Exports Annual Growth||Euro area|
|Imports as % GDP||Euro area|
|Foreign Direct Investment % GDP|
|Foreign Direct Investment|
|Current Account Balance % GDP||USD Euro area % (|
|Current Account Balance||USD Euro area|
|Trade Balance % GDP||Euro area|
|Trade Balance||USD Euro area|
|Foreign Exchange Reserves incl Gold||Euro area|
|Remittances % GDP||Euro area|
|Balance of Payments||Euro area|
|Unemployment Rate Females||3.82 % (2019)|
|Unemployment Rate Males||3.97 % (2019)|
|Youth Unemployment (ages 15-24)|
|Labor Force Participation Rate||Euro area|
|Labor Force (Percent Female)||45.53 % (2019)|
|Female Labor Force Participation Rate||45.53 % (2019)|
|Male Labor Force Participation Rate||45.53 % (2019)|
|Dependent People||83.66 % (2018)|
|Forest Area km²|
|Agricultural Land||45.53 % (2019)|
|Agricultural Land km²|
|Value added % GDP|
|Agriculture Value added|
|Crop Production Index||45.53 % (2019)|
|Arable Land||45.53 % (2019)|
|Cereal Yield||45.53 % (2019)|
|Food production index||45.53 % (2019)|
|Fertilizer use of Arable Land||45.53 % (2019)|
|Livestock Production Index||45.53 % (2019)|
Economy of Euro area
According to the World Bank and its latest published data, the economy of the Euro area presents a growth rate of 4.95 % (2018) to the previous year.
With a population that reaches and a gross domestic product of , it translates a Gross Domestic Product per Capita of USD 0 placing its inhabitants on the threshold of an Low-income country (according to the World Bank's updated classification).
Euro area also has a workforce of with an unemployment rate of , where women represent 3.82 % (2019) and men 3.97 % (2019), the unemployment rate for young people between 15-24 years old stood at . The total number of dependent people stands at 83.66 % (2018).
The central government spent 12.49 % (2017) of its gross domestic product that year, which in absolute terms is . Its consolidated public debt reached 84.10 of its GDP, exceeding the 35% risk limit used by the European Union.
Regarding its international trade, Euro area exported , which represents of its gross domestic product, in that same sense its imports reached with a direct foreign investment of .
Euro area has a forest area of , which represents of its total area, an average rainfall of per year and a population of living in rural areas. With a total area of available for agriculture and of its employments, the agricultural sector contributes to the economy of the Euro area about ( of its GDP).