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OECD - OECD Economic Surveys: Euro Area 2016

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OECD Economic Surveys: Euro Area 2016
Please cite this publication as:
OECD (2016), OECD Economic Surveys: Euro Area 2016, OECD Publishing, Paris, http://dx.doi.org/10.1787/eco_surveys-euz-2016-en.
Metadata Legal and Rights ISBN 978-92-64-25634-7 epub - 978-92-64-25635-4 - photo 2
Metadata, Legal and Rights
ISBN: 978-92-64-25634-7 (epub) - 978-92-64-25635-4 (print) - 978-92-64-25636-1 (pdf)
DOI: http://dx.doi.org/10.1787/eco_surveys-euz-2016-en
Series: OECD Economic Surveys
ISSN: 0376-6438 (print) - 1609-7513 (online)
OECD Economic Surveys: Euro Area
ISSN: 1995-3747 (print) - 1999-0804 (online)
This document and any map included herein are without prejudice to the status of or sovereignty over any territory, to the delimitation of international frontiers and boundaries and to the name of any territory, city or area.
The statistical data for Israel are supplied by and under the responsibility of the relevant Israeli authorities. The use of such data by the OECD is without prejudice to the status of the Golan Heights, East Jerusalem and Israeli settlements in the West Bank under the terms of international law.

This Survey is published on the responsibility of the Economic and Development Review Committee of the OECD, which is charged with the examination of the economic situation of member countries.

The economic situation and policies of the euro area were reviewed by the Committee on 3 May 2016. The draft report was then revised in the light of the discussions and given final approval as the agreed report of the whole Committee on 20 May 2016.

The Secretariats draft report was prepared for the Committee by lvaro Pina and Jan Strsk under the supervision of Pierre Beynet. Research assistance was provided by Desney Wilkinson-Erb and secretarial assistance was provided by Sylvie Ricordeau.

The previous Survey of the euro area was issued in April 2014.

Photo credits: Cover GregDale/GettyImages.
Corrigenda to OECD publications may be found on line at: www.oecd.org/about/publishing/corrigenda.htm.
OECD 2016
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Basic statistics of the euro area, 2015
(Numbers in parentheses refer to the OECD average)

LAND, PEOPLE AND ELECTORAL CYCLE

Population (million)

338.5

Population density per km

122.7

(35.1)

Under 15 (%)

15.3

(18.0)

Life expectancy (years, 2014)

82.0

(80.5)

Over 65 (%)

19.6

(16.3)

Men

79.2

(77.8)

Foreign-born (%)

11.7

Women

84.7

(83.1)

Latest 5-year average growth (%)

0.2

(0.6)

ECONOMY

Gross domestic product (GDP)

Value added shares (%, 2014)

In current prices (billion USD)

11.537

Primary sector

1.6

(2.4)

In current prices (billion EUR)

10.400

Industry including construction

24.4

(26.7)

Latest 5-year average real growth (%)

0.6

(1.7)

Services

73.9

(70.9)

Per capita (000 USD PPP)

40.2

(40.2)

GENERAL GOVERNMENT

Per cent of GDP

Expenditure

48.6

(42.3)

Gross financial debt

90.7

Revenue

46.6

(38.5)

EXTERNAL ACCOUNTS

Exchange rate (EUR per USD)

0.901

Main exports (% of total merchandise exports)

PPP exchange rate (USA = 1)

0.764

Machinery and transport equipment

44.6

In per cent of GDP

Other manufactured goods

25.0

Exports of goods and services (including intra EA)

45.7

(54.1)

Chemicals and related products, n.e.s.

18.4

Imports of goods and services (including intra EA)

41.3

(49.7)

Main imports (% of total merchandise imports)

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