Capacity Utilization In the Euro Area decreased to 69.70 percent in the second quarter of 2020 from 80.90 percent in the first quarter of 2020.
Capacity Utilization in the Euro Area averaged 81.15 percent from 1985 until 2020, reaching an all time high of 85.30 percent in the fourth quarter of 1989 and a record low of 69.60 percent in the third quarter of 2009. This page provides the latest reported value for - Euro Area Capacity Utilization - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area Capacity Utilization - values, historical data and charts - was last updated on July of 2020. source: European Commission
Capacity Utilization in Euro Area is expected to be 70.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Capacity Utilization in Euro Area to stand at 75.00 in 12 months time. In the long-term, the Euro Area Capacity Utilization is projected to trend around 80.00 percent in 2021 and 82.00 percent in 2022, according to our econometric models.