Euro -indicators 15. Maj 2024 Next release: August 14, 2024
GDP and Employment Flashing for the first quarter of 2024
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In the EU, GDP with 0.3% and the employment of 0.2%
GDP growth in the euro area and the EU
In the first quarter of the season of the 2024 season, GDP increased by 0.3% in bothEuro -areaInEUCompared to the previous quarter, according to a Flashestimat published byEurostat, the statistical office of the EU.I fourth quarter of 2023 GDP had fallen by 0.1%Euro -areaand had been stableEU.
In comparison with the same quarter of the year before, the season of the season rose by 0.4% by 0.4%Euro -areaand inEUIn the first quarter of 2024, after +0.1% inEuro -areaand +0.2% inEUIn the previous quarter.
During the first quarter of 2024, GDP inUnited Statesincreased by 0.4% compared to the previous quarter (after +0.8% in the fourth quarter of 2023).Compared to the same quarter of the year before, GDP rose by 3.0% (after +3.1% in the previous quarter).
Employment growth in the euro area and the EU
The number of employees increased by 0.3%Euro -areaand with 0.2% inEUIn the first quarter of 2024 compared to the previous quarter.
In comparison with the same quarter of the year before, employment increased by 1.0%Euro -areaand with 0.7% inEUIn the first quarter of 2024, after +1.2% inEuro -areaand +1.0% inEUIn the fourth quarter of 2023.
This data offers a picture of work input that meets the output and income goals of national accounts.
Tables
Growth rates of employment in people | ||||||||
|---|---|---|---|---|---|---|---|---|
Percentage change compared | Percentage change compared to | |||||||
2023 | 2023 Q. | 2023Q4 | 2024Q1 | 2023 | 2023 Q. | 2023Q4 | 2024Q1 | |
Euro -area | 0,1 | 0,2 | 0,3 | 0,3 | 1.4 | 1.4 | 1.2 | 1.0 |
EU | 0,1 | 0,2 | 0,2 | 0,2 | 1.2 | 1.2 | 1.0 | 0,7 |
Brong data set:TEC00108(quarterly change),Tain 05(Annual change) andTEC00109(Levels)
| ||||||||
Groeifacet for GDP in volume | ||||||||
|---|---|---|---|---|---|---|---|---|
Percentage change compared | Percentage change compared to the same quarter the year before | |||||||
2023 | 2023 Q. | 2023Q4 | 2024Q1 | 2023 | 2023 Q. | 2023Q4 | 2024Q1 | |
Euro -area | 0,1 | -0.1 | -0.1 | 0,3 | 0,6 | 0,1 | 0,1 | 0,4 |
EU | 0,1 | 0,0 | 0,0 | 0,3 | 0,6 | 0,1 | 0,2 | 0,4 |
Belgium | 0,3 | 0,3 | 0,3 | 0,3 | 1.3 | 1.3 | 1.3 | 1.3 |
Bulgaria | 0,4 | 0,4 | 0,5 | 0,4 | 2.0 | 1.8 | 1.6 | 1.7 |
Czech Republic | 0,3 | -0,8 | 0,4 | 0,5 | -0.1 | -0,6 | 0,2 | 0,4 |
Denmark | -0,8 | 0,4 | 2.6 | : | 0,7 | 0,6 | 3.5 | : |
Germany | -0.1 | 0,1 | -0,5 | 0,2 | 0,2 | -0.1 | -0.2 | -0.2 |
Estonia | -0,3 | -0,8 | -0,7 | -0,4 | -3.0 | -3.1 | -2,5 | -2.1 |
-0.1 | -2,5 | -3.4 | 1.1 | -0,4 | -5,7 | -9.1 | -4,9 | |
Greece | 1.1 | -0.1 | 0,2 | : | 2.7 | 2.1 | 1.2 | : |
Spain | 0,5 | 0,5 | 0,7 | 0,7 | 2.0 | 1.9 | 2.1 | 2.4 |
France | 0,6 | 0,1 | 0,1 | 0,2 | 1.1 | 0,7 | 0,8 | 1.1 |
Croatia | 1.5 | -0,7 | 2.0 | : | 3.3 | 1.8 | 4.4 | : |
Italy | -0.2 | 0,4 | 0,1 | 0,3 | 0,6 | 0,6 | 0,7 | 0,6 |
Cyprus | -0.2 | 1.4 | 1.0 | 1.2 | 2.2 | 2.4 | 2.3 | 3.3 |
Latvia | -0,4 | -0.1 | 0,4 | 0,8 | -0,3 | 0,2 | -0.1 | 0,7 |
Lithuania | 2.4 | -0.1 | -0.2 | 0,8 | 0,8 | 0,1 | 0,1 | 2.9 |
Luxemburg | 0,2 | -1.4 | 0,0 | : | -0,5 | -2.1 | -0,6 | : |
Hungary | 0,0 | 0,9 | 0,0 | 0,8 | -2.1 | -0.2 | 0,5 | 1.7 |
Malta | 0,8 | 2.3 | 0,3 | : | 4.9 | 7.0 | 4.3 | : |
Holland ** | -0,4 | -0,3 | 0,3 | -0.1 | -0.1 | -0,6 | -0.2 | -0,6 |
Austria | -1.3 | -0,3 | 0,0 | 0,2 | -1,5 | -1,7 | -1.4 | -1.3 |
Poland | -0.2 | 1.1 | -0.1 | 0,4 | -0,5 | 0,2 | 1.6 | 1.3 |
Portugal | 0,1 | -0.2 | 0,7 | 0,7 | 2.6 | 1.9 | 2.1 | 1.4 |
Romania | 1.0 | 0,9 | -0,6 | 0,5 | 2.8 | 3.5 | 1.1 | 1.8 |
Slovenia | 0,9 | -0.1 | 0,9 | 0,0 | 1.8 | 1.8 | 2.4 | 1.8 |
Slovakia | 0,8 | 0,6 | 0,6 | 0,7 | 1.5 | 1.8 | 2.2 | 2.7 |
Finland ** | 0,5 | -1.1 | -0,8 | 0,5 | -0,6 | -1.6 | -1.6 | -0,4 |
Sweden ** | -0,8 | -0.2 | -0.2 | -0.1 | -0,3 | -1.1 | -0.2 | -1.1 |
Island *** | 1.1 | -2,5 | 0,9 | : | 4.9 | 2.6 | 0,6 | : |
Norway | -0,3 | -0,4 | 1.5 | : | 0,9 | -1,5 | 1.0 | : |
-0.2 | 0,3 | 0,3 | : | 0,4 | 0,4 | 0,6 | : | |
United States | 0,5 | 1.2 | 0,8 | 0,4 | 2.4 | 2.9 | 3.1 | 3.0 |
: Data not available *Growth rates for the previous quarter and for the same quarter of the previous year in this table are both based on seasonal and calendar -adapted numbers, except where stated. ** percentage change compared to the same quarter of the year before calculated from calendar -adapted data. *** The season adjustment does not include adjustment of the calendar. Brong data set:Namq_10_gdpInNaidq_10_GDP(for American data)
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Comments for users
Audits
The reliability of GDP and employment flash - stimulations was tested by dedicated working groups andAuditsLater estimates are constantly checked.internet.
With these flashestimates, the euro area and the EU employment and GDP numbers are revised for previous quarters.
The estimates of the GDP BP of the first quarter of 2024 are based on data from the Member States for 99% of EA and EU BBP, while estimates of the employment of the flash are based on data from the Member States that 96% ofCover EA and 93% of eutotal employment.
A provisional flashestimate of GDP growth was published inNews itemPublished on April 30, 2024. This was based on GDP stimules for eighteen member states.
EA and EU are estimated for the last quarter, were revised as presented in the following table:
Growth percentage Estimates | Until the previous quarter (Q/Q-1) | Until the previous year (Q/Q-4) | ||
|---|---|---|---|---|
earlier | Gift | earlier | Gift | |
BNP EA | 0,3 | 0,3 | 0,4 | 0,4 |
Bbp me | 0,3 | 0,3 | 0,5 | 0,4 |
All figures presented in this release can be revised with the regular estimates of Eurostat of GDP and the most important agreements (including employment), planned for 7 June 2024 and 19 July 2024.
Grinding plan
Extensive estimates of European main main agreements (including GDP and employment) are based on countries of regular transmissions and published around 65 and 110 days after the end of each quarter to improve the timeliness of important indicators.About 30 and 45 days) and employment (after about 45 days).
This news item presents Flashestimates for the euro area and the EU BBP and the growth of employment after about 45 days.
Methods and definitions
European quarterly national accounts are collected in accordance with the European Account System 2010 (ESA 2010).
Gross National Product (GDP)The market prices measure the production activity for the production units of the resident.
Employment opportunitiesTreats employees and independent people who work in Resident Production Units (Domestic Concept).Employment employment stimulations are limited to total employment in persons, regular estimates also cover working hours and industrial strength.
The method used for collecting European GDP and labor estimates is the same as for earlier releases.
Geographic information
Euro -area(EA20): Belgium, Germany, Estonia, Ireland, Greece, Spain, France, Croatia, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Malta, Holland, Austria, Portugal, Slovakia and Finland.
Europees Unie(EU27): Belgium, Bulgaria, Czech Republic, Denmark, Germany, Estonia, Ireland, Greece, France, Croatia, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Hungary, Hungary, Slovakia, Finland and Sweden.
For purely information
Website Section on National AccountsspecialInformation about the European GDPInEmployment estimates
Database section on National AccountsInMetadata on quarterly national accounts
Statistics explained articles about measuring quarterly GDPInPresentation of updated quarterly estimates
Land -specific metadata
Land -specific metadata on the admission of Ukrainian refugees in the most important aggregates of national accounts
European Account System 2010
Euro Indicators Dashboard
Release calendar for euro -indicators
European statistics code for practice
PC and contact
Media -Requests
Eurostat Media Support
Telephone:(+352) 4301 33 408
E-mail:eurostat-mediasupport@ec.europa.eu
More information about data
Véronique Deneuville (BNP)
E-mail:Estat-dp-query@ec.europa.eu
Jenny Runesson (occupation)
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