European Union Productivity - Forecast

Productivity in European Union is expected to be 104.52 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Productivity in European Union to stand at 105.81 in 12 months time. In the long-term, the European Union Productivity is projected to trend around 105.23 Index Points in 2020, according to our econometric models.


European Union Productivity
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European Union Labour Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployed Persons 18116 18153 18181 18208 18235 18443
Long Term Unemployment Rate 3.4 3.45 3.47 3.48 3.5 3.6
Labour Costs 107 105 111 106 112 111
Labor Force Participation Rate 58 57.66 57.94 57.99 57.78 57.79
Part Time Employment 43332 43410 43415 43398 43385 43240
Population 512 513 513 513 513 516
Productivity 105 105 105 104 106 105
Retirement Age Men 64.52 64 64 64 64 64
Retirement Age Women 62.63 63 63 63 63 63
Employed Persons 227661 225306 226361 226334 225439 224434
Employment Change 0.4 0.28 0.24 0.21 0.19 0.17
Full Time Employment 178629 176719 178130 178288 176454 174448
Unemployment Rate 7.3 7.5 7.4 7.3 7.1 6.2
Wage Growth 2.1 2.08 1.69 1.77 1.74 1.84
Youth Unemployment Rate 16.2 15.82 15.76 15.82 15.96 17.44