Money Buzz! Europa

Tag: eurostat

  • 42% of births in the European Union are outside marriage

    42% of births in the European Union are outside marriage

    Eurostat shows that the proportion of live births outside marriage in the EU stood at 42% in 2018. This is 17 percentage points above the value in 2000.

    It signals new patterns of family formation alongside the more traditional model where children were born within a marriage. Extramarital births occur in non-marital relationships, among cohabiting couples and to lone parents.

    In 2018, extramarital births outnumbered births inside marriages in eight EU Member States: France (60%), Bulgaria (59%), Slovenia (58%), Portugal (56%), Sweden (55%), Denmark and Estonia (both 54%) as well as the Netherlands (52%).

    Greece and Croatia were at the other end of the spectrum along with Lithuania and Poland as more than 70% of births in each of these Member States occurred within marriages.

    Extramarital births increased in almost every EU Member State in 2018 compared to 2000

    The exceptions are Estonia, Latvia and Sweden that remained relatively stable with less than 1 percentage point decrease.

    The Iberian countries, Portugal and Spain, were the two countries where births outside marriage rose the most between 2000 and 2018 (+33.7 and +29.6 percentage points respectively).

  • Industrial production up by 12.4% in euro area and 11.4% in EU

    Industrial production up by 12.4% in euro area and 11.4% in EU

    In May 2020 industrial production rose by 12.4% in the euro area and by 11.4% in the EU, compared with April 2020, according to estimates from Eurostat.

    In April 2020, industrial production fell by 18.2% both in the euro area and in the EU.

    In May 2020 compared with May 2019, industrial production decreased by 20.9% in the euro area and by 20.5% in the EU.

    In the euro area in May 2020, compared with April 2020, production of durable consumer goods rose by 54.2%, capital goods by 25.4%, intermediate goods by 10.0%, non-durable consumer goods by 2.8% and energy by 2.3%.

    In the EU, production of durable consumer goods rose by 47.7%, capital goods by 24.8%, intermediate goods by 8.7%, energy by 2.5% and non-durable consumer goods by 1.8%.

    The highest increases were registered in Italy (+42.1%), France (+20.0%) and Slovakia (+19.6%).

    The largest decreases were observed in Ireland (-9.8%), Croatia (-3.5%) and Finland (-1.3%).

  • European Union: Rents up by 20.8%, house prices by 20.5% since 2007

    European Union: Rents up by 20.8%, house prices by 20.5% since 2007

    House prices and rents in the EU-27 have followed very different paths since 2007. While rents increased steadily throughout the period up to the first quarter of 2020, house prices have fluctuated significantly, says Eurostat.

    After an initial sharp decline following the financial crisis, house prices remained more or less stable between 2009 and 2014. Then there was a rapid rise in early 2015, since when house prices have increased at a much faster pace than rents.

    Over the period 2007 until the first quarter of 2020, rents increased by 20.8% and house prices by 20.5%.

    House prices decreased in six EU Member States

    When comparing the first quarter of 2020 with 2007, house prices increased in 21 EU Member States and decreased in 6, with the highest rises in Luxembourg (+91.4%), Austria (+91.3%) and Sweden (+82.8%).

    The largest decreases are in Greece (-35.6%), Romania (-23.6%) and Ireland (-17.5%).

    For rents, the pattern was different. When comparing the first quarter of 2020 with 2007, prices increased in 26 EU Member States and decreased in one, with the highest rises in Lithuania (+101.8%), Czechia (+82.2%) and Hungary (+75.1%) and the only decrease in Greece (-17.5%).

  • Euro zone area unemployment at 7.4%

    Euro zone area unemployment at 7.4%

    In May 2020 the euro area seasonally-adjusted unemployment rate was 7.4%, up from 7.3% in April 2020.

    The EU unemployment rate was 6.7% in May 2020, up from 6.6% in April 2020.

    These figures are published by Eurostat, the statistical office of the European Union.

    Eurostat estimates that 14.366 million men and women in the EU, of whom 12.146 million in the euro area, were unemployed in May 2020.

    Compared with April 2020, the number of persons unemployed increased by 253 000 in the EU and by 159 000 in the euro area.

  • Household saving rate all time high at 16.9% in the euro area

    Household saving rate all time high at 16.9% in the euro area

    The household saving rate in the euro area was at 16.9% in the first quarter of 2020 compared with 12.7% in the fourth quarter of 2019.

    This was the highest increase since the beginning of the series in 1999.

    The household investment rate in the euro area was 8.7% in the first quarter of 2020, lower than the rate of 9.1% during the previous quarter.

    These data come from a first release of seasonally adjusted quarterly European sector accounts from Eurostat, the statistical office of the European Union and the European Central Bank (ECB).

    The quarterly increase of the household saving rate of 4.2 percentage points is related to 0.9% increase of gross disposable income and 4.0% decline in individual consumption expenditure of households.

    The quarterly decline of 0.4 percentage points compared to the previous quarter is explained by 3.2% decline in gross fixed capital formation and 0.9% increase of gross disposable income.

  • Business profit share recorded sharpest drop in the euro area

    Business profit share recorded sharpest drop in the euro area

    In the first quarter of 2020, when Member States began to widely introduce COVID-19 containment measures in March 2020, the business profit share dropped to 37.9% in the euro area, compared with 39.6% in the previous quarter.

    This decline of the business profit share is the highest since the beginning of the series in 1999.

    The business investment rate in the euro area was slightly down to 25.5% in the first quarter of 2020, compared with 25.8% in the previous quarter.

    These data come from a first release of seasonally adjusted quarterly European sector accounts from Eurostat, the statistical office of the European Union, and the European Central Bank (ECB).

  • 54% of people aged 16-74 in EU are using social media

    54% of people aged 16-74 in EU are using social media

    54% of people aged 16-74 participated in social networks in 2019 in the last 3 months prior to Eurostat survey in EU.

    The EU’s social network participation rate has steadily increased since the beginning of the data collection (36% in 2011).

    Social network participation includes activities such as creating a user profile, posting messages or other contributions to social networks.

    Among EU Member States, the social network participation rate was highest in Denmark (81%), ahead of Belgium (76%), Cyprus and Sweden (both 72%) and Malta (71%).

    At the opposite end of the scale, this share was below 50% in two Member States: France and Italy (both 42%).  

    Among younger people in the EU aged 16 to 24 years, almost 9 in every 10 participated in social networks (86%). This share ranged from 73% in Italy and 74% in France to 98% in Cyprus. 

    Among older people aged 65 to 74 years, almost one fifth (18%) participated in social networks. This share ranged from 9% in Bulgaria to 51% in Denmark. 

  • Over 23 000 people killed in road accidents in the EU in 2018

    Over 23 000 people killed in road accidents in the EU in 2018

    In 2018, 23 339 people died in road accidents in the EU, 45% being passenger car occupants, 21% pedestrians, 15% motorcycles, 8% bicycles and 12% other categories, shows Eurostat.

    There has been a downward trend over the last 10 years in the number of road traffic victims in the EU.

    Compared with 2008, the number of road fatalities has fallen by more than 13 000 persons (-37%), from almost 37 000 to less than 24 000 in 2018.

    Highest number of road fatalities in Romania and Bulgaria

    Compared with the population of each member state, the lowest rates of road fatalities in 2018 were observed in Ireland (29 road traffic victims per million inhabitants), Denmark (30), Sweden (32) and the Netherlands (35), ahead of Malta (38), Spain (39) and Germany (40).

    At the opposite end of the scale, the highest rates were recorded in Romania (96 road traffic victims per million inhabitants), Bulgaria (87), Croatia and Latvia (both 77) and Poland (75).

    In 2018, there were in total 52 road traffic victims per million inhabitants in the EU as a whole.

  • Households accounted for 26.1% of energy consumption in EU

    Households accounted for 26.1% of energy consumption in EU

    In 2018, households accounted for 26.1% of final energy consumption in the European Union (EU), latest Eurostat data shows.

    Most of the EU final energy consumption in the households is covered by natural gas (32.1%) and electricity (24.7%).

    Renewables account for 19.5%, followed by petroleum products (11.6%) and derived heat (8.7%). A small proportion (3.4%) is still covered by coal products (solid fuels).

    Energy consumption in households by type of end-use

    In the EU, the main use of energy by households is for heating their homes (63.6% of final energy consumption in the residential sector).

    Electricity used for lighting and most electrical appliances represents 14.1% (this excludes the use of electricity for powering the main heating, cooling or cooking systems), while the proportion used for water heating is slightly higher, representing 14.8%.

    Main cooking devices require 6.1% of the energy used by households, while space cooling and other end-uses cover 0.4% and 1.0% respectively.

    The heating of space and water consequently represents 78.4% of the final energy consumed by households.

  • 22% of workers born outside EU, employed on a temporary contract

    22% of workers born outside EU, employed on a temporary contract

    In the European Union (EU), in 2019, more than one fifth (22%) of employees born outside the EU were employed on a temporary contract, latest Eurostat data shows.

    In comparison, the share of people with a temporary contract among employees born in another EU Member State was 15%, while native-born employees with a temporary job had the lowest rate, standing at 13%.

    Highest share of employees born outside the EU on temporary contracts in Poland

    In 2019, across the EU Member States, the highest share of employees born outside the EU employed on temporary contracts was recorded in Poland (53%), followed by Spain (38%), Cyprus (33%), Portugal (29%), Sweden (26%) and the Netherlands (25%).

    By contrast, the lowest share was observed in Estonia (2%), followed by Latvia (4%), Austria (8%) and Ireland (10%).

    For persons born in another EU Member State (other than the Member State of residence), the highest share of temporary employees in the total number of employees was recorded in 2019 in Spain (29%), followed by Portugal (24%), Greece (23%) and Italy (21%).

    At the opposite end of the scale, the lowest share of employees with a temporary job was observed in Hungary and Ireland (both 6%), Austria (7%), Luxembourg, Cyprus and Slovenia (all 9%).

    In 2019, the share of temporary employees in the total number of native-born employees peaked in Spain (24 %), followed by Poland (21%), Portugal (19%) and Croatia (18%).

    By contrast, the lowest shares were observed in Lithuania, Romania (both 1%), Estonia, Latvia (both 3%) and Bulgaria (4%).

  • Luxembourg has the most cars per inhabitant in the EU

    Luxembourg has the most cars per inhabitant in the EU

    Among EU Member States, Luxembourg recorded the highest ’motorisation rate’ with 676 passenger cars per 1.000 inhabitants in 2018, Eurostat data shows.

    However, cross-border workers using company cars registered in the country may influence this figure.

    Luxembourg was followed by Italy (646 cars), Cyprus and Finland (both 629 cars). In contrast, the lowest rates were recorded in Romania (332 cars), Latvia (369 cars) and Hungary (373 cars).

    In 2018, the highest number of registered passenger cars was recorded in Germany with 47 million cars. Thereafter followed Italy (39 million cars) and France (32 million cars).

    From 2014 to 2018, Romania had the strongest growth in the number of registered passenger cars

    Romania (31%) was followed by Czechia, Slovakia and Lithuania (each 19%), Hungary and Portugal (both 17%) and Cyprus (15%).

    Poland has the ”oldest” cars in EU

    Several EU Member States reported a large share of ’old’ passenger cars (20 years or older) in 2018. The Member States with the highest shares were Poland (36.5%), Estonia (29.6%), Finland (25.2%), Romania (21.4%) and Malta (20.8%).

    By contrast, the shares of the ’youngest’ passenger cars (less than 2 years old) were highest in Ireland (29.2%), Luxembourg (23.8%), Denmark (23.3%) and Belgium (23.1%).

  • Duration of working life on the rise in the European Union

    Duration of working life on the rise in the European Union

    In 2019, the expected average duration of working life for the European Union’s (EU) adult population aged 15 years and more was 35.9 years, Eurostat data shows.

    This was 0.2 years longer than the average for 2018, and 3.6 years longer than in 2000.

    Men were expected to work longer than women in 2019 (38.3 years for men compared with 33.4 years for women).

    Although the expected average duration of working life has been longer for men than women since the start of the data series, the gender gap has been shrinking.

    Men worked 7.1 years longer than women in 2000, but by 2019 the gender gap had shrunk to 4.9 years.

    Expected duration of working life longest in Sweden, shortest in Italy

    Among EU Member States, Sweden and the Netherlands had the longest duration of working life (42.0 and 41.0 years in 2019 respectively).

    These were the only two EU Member States where the expected duration of working years exceeded 40 years.

    These two Member States were followed by Denmark (40.0 years), Germany (39.1 years) and Estonia (39.0 years).

    In contrast, the shortest expected duration of working life was recorded in Italy (32.0 years) followed by Croatia (32.5 years), Greece (33.2 years), Belgium and Poland (both 33.6 years).

    Highest increase in duration of working life recorded in Malta, lowest increase in Denmark, only decrease in Romania

    Compared with 2000, the expected average duration of working life was higher for all EU Member States in 2019, with the exception of Romania (a decline of 2.2 years).

    The largest increases between 2000 and 2019 in the duration of working life were recorded in Malta (7.6 years), Hungary (6.9 years) and Estonia (5.6 years), and the smallest increases in Denmark (1.7 years) and Greece (1.8 years).