Markets Actual Q4 Q1 Q2 Q3 2020
Currency 1.14 1.15 1.14 1.13 1.13 1.1
Stock Market 10924.70 12196 12056 11919 11784 11256
Government Bond 10Y 0.28 0.52 0.56 0.61 0.66 0.93
Overview Actual Q4 Q1 Q2 Q3 2020
GDP Growth Rate -0.20 0.4 0.5 0.6 0.5 0.6
GDP Annual Growth Rate 1.10 2 2.1 2 2.2 2.4
Unemployment Rate 3.30 3.4 3.5 3.6 3.7 4
Inflation Rate 2.30 2.2 1.9 1.9 1.9 2.4
Inflation Rate Mom 0.10 0.6 0.4 0.3 0.2 0.6
Interest Rate 0.00 0 0 0 0.25 0.75
Balance of Trade 18300.00 17400 24000 23600 17200 11400
Current Account 15900.00 17400 30600 20800 19500 15400
Current Account to GDP 8.00 7.8 7.7 7.7 7.7 6.2
Government Debt to GDP 64.10 62.4 60.5 60.5 60.5 60.1
Government Budget 1.30 0.6 0.7 0.7 0.7 1
Business Confidence 102.00 103 103 104 103 100
Services PMI 53.30 53.9 52.6 54.1 54.6 53.3
Manufacturing PMI 51.80 52.3 51.9 53.4 55.5 54.9
Consumer Confidence 10.40 10.4 9.8 9.7 9.6 9
Retail Sales MoM -0.30 0.9 -0.4 -0.2 0.2 0.2
Corporate Tax Rate 29.79 29.79 29.79 29.79 29.79 29.79
Personal Income Tax Rate 47.50 47.5 47.5 47.5 47.5 47.5
GDP Actual Q4 Q1 Q2 Q3 2020
GDP Growth Rate -0.20 0.4 0.5 0.6 0.5 0.6
GDP Annual Growth Rate 1.10 2 2.1 2 2.2 2.4
GDP 3677.44 4020 4140 4140 4140 4370
GDP Constant Prices 744.61 755 758 761 761 787
Gross National Product 865.59 862 874 883 885 899
Gross Fixed Capital Formation 153.73 153 155 156 157 159
GDP per capita 46747.19 47400 48500 48500 48500 49500
GDP per capita PPP 45229.25 46000 46700 46700 46700 47400
GDP From Agriculture 6.24 5.9 5.44 5.58 6.38 6.15
GDP From Construction 43.69 41.23 32.76 41.48 44.65 42.97
GDP From Manufacturing 178.02 176 179 186 182 183
GDP From Public Administration 137.67 142 140 136 141 148
GDP From Services 125.83 124 119 129 129 130
Labour Actual Q4 Q1 Q2 Q3 2020
Unemployment Rate 3.30 3.4 3.5 3.6 3.7 4
Employed Persons 44852.00 44800 44850 44900 45090 45900
Unemployed Persons 2186.11 2490 2520 2550 2600 2710
Unemployment Change -16.00 7 11 15 9 15
Long Term Unemployment Rate 1.40 1.6 1.7 1.8 1.9 2.3
Youth Unemployment Rate 6.20 6 6.1 6.2 6.3 6.9
Labour Costs 115.29 114 114 115 116 120
Productivity 101.20 104 105 105 106 109
Job Vacancies 807.03 670 691 685 668 640
Wages 3875.00 3940 3980 4000 4010 4110
Wages in Manufacturing 114.20 114 115 115 116 120
Wage Growth 0.50 1.4 1.5 1.5 1.6 1.8
Minimum Wages 8.84 8.84 9.5 9.5 9.5 9.5
Population 82.85 82.85 83.14 83.14 83.14 83.45
Retirement Age Women 65.58 65.58 65.67 65.67 65.67 65.75
Retirement Age Men 65.58 65.58 65.67 65.67 65.67 65.75
Labor Force Participation Rate 60.90 62 62.4 62.6 62.8 64
Living Wage Family 1990.00 2000 2150 2150 2150 2200
Living Wage Individual 1240.00 1300 1360 1360 1360 1450
Part Time Employment 10897.10 11800 12000 12100 12250 13500
Wages Low Skilled 2050.00 2140 2200 2200 2200 2280
Wages High Skilled 3550.00 3650 3700 3700 3700 3750
Employment Change 0.20 0.4 0.5 0.5 0.4 0.3
Employment Rate 75.40 75.9 76 75.9 75.7 75.4
Full Time Employment 29382.30 31200 31400 31500 31600 32500
Prices Actual Q4 Q1 Q2 Q3 2020
Inflation Rate 2.30 2.2 1.9 1.9 1.9 2.4
Inflation Rate Mom 0.10 0.6 0.4 0.3 0.2 0.6
Consumer Price Index CPI 112.40 113 113 114 115 118
Harmonised Consumer Prices 104.90 105 106 106 107 110
Core Consumer Prices 111.20 112 112 112 113 116
Core Inflation Rate 1.46 1.5 1.5 1.7 1.8 2.1
Producer Prices 105.00 104 105 106 107 109
Producer Prices Change 3.30 2.2 2.3 2.5 2.4 2.3
Export Prices 102.60 103 104 104 105 107
Import Prices 104.70 104 104 105 106 109
Food Inflation 1.60 2 2.1 2.2 2.4 2.5
CPI Housing Utilities 113.20 113 113 114 115 118
CPI Transportation 114.20 111 111 114 115 116
Money Actual Q4 Q1 Q2 Q3 2020
Interest Rate 0.00 0 0 0 0.25 0.75
Interbank Rate -0.32 -0.32 -0.32 -0.32 -0.07 0.43
Money Supply M1 2158.30 2200 2220 2260 2280 2400
Money Supply M2 2993.30 3130 3200 3240 3290 3540
Money Supply M3 3028.10 3500 3620 3740 3830 4510
Foreign Exchange Reserves 168198.00 171000 173000 175000 177000 185000
Banks Balance Sheet 7848.14 8550 8910 9100 9440 10200
Loans to Private Sector 1476.91 1480 1510 1520 1540 1700
Private Debt to GDP 147.60 142 138 138 138 132
Central Bank Balance Sheet 1817.30 1950 2220 2520 3220 4680
Trade Actual Q4 Q1 Q2 Q3 2020
Balance of Trade 18300.00 17400 24000 23600 17200 11400
Current Account 15900.00 17400 30600 20800 19500 15400
Current Account to GDP 8.00 7.8 7.7 7.7 7.7 6.2
Imports 98910.00 76900 83700 82500 86600 79900
Exports 117204.00 94300 107700 106100 103800 91300
External Debt 4882730.00 4910000 4980000 5060000 5150000 5510000
Capital Flows 6288.01 18800 30600 19400 18500 14800
Foreign Direct Investment 15054.43 2500 15100 11100 7400 2130
Gold Reserves 3369.80 3400 3400 3400 3400 3400
Terms Of Trade 97.99 99.04 100 99.05 99.06 98.17
Tourist Arrivals 37452.00 38800 40000 40000 40000 42100
Crude Oil Production 41.00 44 44 44 44 44
Government Actual Q4 Q1 Q2 Q3 2020
Government Debt to GDP 64.10 62.4 60.5 60.5 60.5 60.1
Government Budget 1.30 0.6 0.7 0.7 0.7 1
Government Budget Value 36.06 13 -2 31 -7 9
Government Spending 142.29 144 144 145 145 150
Government Spending to GDP 43.90 43.8 43.6 43.6 43.6 43.2
Government Revenues 373.32 365 325 348 342 381
Government Debt 1771735.10 1920000 1940000 1950000 1980000 2070000
Fiscal Expenditure 337.26 352 327 317 349 372
Asylum Applications 13190.00 4300 10900 17500 14200 1900
Taxes Actual Q4 Q1 Q2 Q3 2020
Corporate Tax Rate 29.79 29.79 29.79 29.79 29.79 29.79
Personal Income Tax Rate 47.50 47.5 47.5 47.5 47.5 47.5
Sales Tax Rate 19.00 19 19 19 19 19
Social Security Rate 40.21 40.21 40.21 40.21 40.21 40.21
Social Security Rate For Companies 19.43 19.43 19.43 19.43 19.43 19.43
Social Security Rate For Employees 20.78 20.78 20.78 20.78 20.78 20.78
Business Actual Q4 Q1 Q2 Q3 2020
Business Confidence 102.00 103 103 104 103 100
Services PMI 53.30 53.9 52.6 54.1 54.6 53.3
Manufacturing PMI 51.80 52.3 51.9 53.4 55.5 54.9
Composite Pmi 52.30 52.9 51.5 53.9 55.2 53.1
Industrial Production 1.60 2.5 2.9 3.2 2.9 2.2
Industrial Production Mom -0.50 0.9 -0.3 0.5 -0.6 0.6
Manufacturing Production 1.50 2.6 3 2.8 2.5 2.4
Capacity Utilization 87.10 86.8 86.7 86.6 86.6 86.2
New Orders 107.60 105 106 107 107 111
Factory Orders 0.30 0.6 -0.6 0.9 -2 0.6
Bankruptcies 1616.00 1830 1890 1850 1810 1750
Corporate Profits 192.30 211 214 216 218 235
Zew Economic Sentiment Index -17.50 -22 -20 -4 20 25
Car Production 450500.00 375000 572000 528000 556000 393000
Car Registrations 272674.00 269000 368000 332000 316200 287000
Mining Production -5.70 1.6 1.8 1.9 1.7 1.9
Steel Production 3600.00 3010 3900 3770 3320 3050
Consumer Actual Q4 Q1 Q2 Q3 2020
Consumer Confidence 10.40 10.4 9.8 9.7 9.6 9
Retail Sales MoM -0.30 0.9 -0.4 -0.2 0.2 0.2
Retail Sales YoY 5.00 2.6 2.5 2.4 2.3 1.8
Consumer Spending 402.80 409 411 412 412 426
Disposable Personal Income 496.88 498 500 502 505 515
Personal Savings 10.70 10.5 10.4 10.4 10.3 11
Consumer Credit 232195.00 265000 271000 274000 279000 295000
Private Sector Credit 2946631.00 2920000 2930000 2940000 2950000 3120000
Bank Lending Rate 2.03 2.05 2.05 2.05 2.3 2.8
Gasoline Prices 1.72 1.74 1.71 1.68 1.65 1.53
Households Debt To GDP 52.50 51.2 50.4 50.4 50.4 49.5
Households Debt To Income 82.51 79.5 77.4 77.4 77.4 75
Housing Actual Q4 Q1 Q2 Q3 2020
Construction Output 5.00 4.2 3.6 3.2 2.7 1.9
Housing Index 152.86 159 162 165 167 175
Building Permits 25293.00 41700 36500 40500 34700 49700
Construction Pmi 51.30 54.4 54 54.1 53.8 52
Construction Orders 4.10 3.2 3 2.8 2.5 2.7
Home Ownership Rate 51.70 51.4 51.2 51.2 51.2 51


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