The Gross Domestic Product per capita in European Union was last recorded at 34601.03 US dollars in 2023. The GDP per Capita in European Union is equivalent to 274 percent of the world's average. This dataset provides the latest reported value for - European Union GDP Per Capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

The Gross Domestic Product (GDP) In the Euro Area was worth 15780.69 billion US dollars in 2023, according to official data from the World Bank. The GDP value of Euro Area represents 14.97 percent of the world economy. This dataset provides the latest reported value for - Euro Area GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Data from 1st of June 2022. For most recent GDP data, consult dataset nama_10_gdp. Gross domestic product (GDP) is a measure for the economic activity. It is defined as the value of all goods and services produced less the value of any goods or services used in their creation. The volume index of GDP per capita in Purchasing Power Standards (PPS) is expressed in relation to the European Union average set to equal 100. If the index of a country is higher than 100, this country's level of GDP per head is higher than the EU average and vice versa. Basic figures are expressed in PPS, i.e. a common currency that eliminates the differences in price levels between countries allowing meaningful volume comparisons of GDP between countries. Please note that the index, calculated from PPS figures and expressed with respect to EU27_2020 = 100, is intended for cross-country comparisons rather than for temporal comparisons."

The Gross Domestic Product per capita in European Union was last recorded at 53783.06 US dollars in 2023, when adjusted by purchasing power parity (PPP). The GDP per Capita, in European Union, when adjusted by Purchasing Power Parity is equivalent to 303 percent of the world's average. This dataset provides the latest reported value for - European Union GDP Per Capita Ppp - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

This table presents Gross Domestic Product (GDP) and its main components according to the expenditure approach. Data is presented in US dollars. In the expenditure approach, the components of GDP are: final consumption expenditure of households and non-profit institutions serving households (NPISH) plus final consumption expenditure of General Government plus gross fixed capital formation (or investment) plus net trade (exports minus imports).

When using the filters, please note that final consumption expenditure is shown separately for the Households/NPISH and General Government sectors, not for the whole economy. All other components of GDP are shown for the whole economy, not for the sector breakdowns.

The table shows OECD countries and some other economies, as well as the OECD total, G20, G7, OECD Europe, United States - Mexico - Canada Agreement (USMCA), European Union and euro area.

These indicators were presented in the previous dissemination system in the QNA dataset.
See User Guide on Quarterly National Accounts (QNA) in OECD Data Explorer: QNA User guide
See QNA Calendar for information on advance release dates: QNA Calendar
See QNA Changes for information on changes in methodology: QNA Changes
See QNA TIPS for a better use of QNA data: QNA TIPS
Explore also the GDP and non-financial accounts webpage: GDP and non-financial accounts webpage
OECD statistics contact: STAT.Contact@oecd.org

During the post-war economic boom, between the Second World War and the 1970s' recession, virtually all areas of Europe experienced significant economic growth. While this period is known as the "Golden Age of Capitalism" in Western Europe, communist countries in Eastern Europe (with socialist economic systems) generally experienced higher GDP growth rates in the 1950s and 1960s. Although most of these economies entered the period at a much less-developed stage than the likes of Britain, France, or West Germany, the Soviet model proved to be an economic success in these decades. Controlling the means of production The transition to communism across Eastern Europe saw the nationalization of most industries, as governments took control of the means of production in their respective countries. As much of Eastern Europe entered the period with relatively-low levels of industrialization compared to the west, this meant that governments could dictate the development of their manufacturing and retail industries. By the end of the 1960s, state-owned endeavors in Eastern Europe were responsible for over 95 percent of national income. Problems did arise, however, when states attempted to take control of the agricultural sector, as many of the families who owned the land were unwilling to part with it. Agriculture proved to be the only major industry not mostly owned by the state during Eastern Europe's communist era; in the long term, agriculture suffered due to the lack of government investment in such state-run economic systems. Variations There is a correlation between the sides taken during the Second World War and the speed of economic growth in each decade; the Allied nations of Czechoslovakia, Poland, the Soviet Union and Yugoslavia all experienced faster economic growth in the 1950s; whereas the Axis nations of Bulgaria, Hungary, and Romania saw faster growth in the 1960s. East Germany was the exception to this rule, as its economy was much more developed than other former-Axis powers. The speed of recovery in these countries was the largest contributor to variations in growth rates, although regional variations in governance did influence development in later years (particularly in Yugoslavia).

Country, regional, and world GDP in current US Dollars ($). Regional means collections of countries, e.g., Europe and Central Asia. Data is sourced from the World Bank and converted to a standard normalized

This dataset provides values for GDP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

EDA has compared the 2005 to 2011 defence expenditure of its participating Member States with that of the United States for the same year.

The EU data represent spending of 26 EDA participating Member States*. The US data are based on public sources, mainly US Government publications. Data on GDP, General Government Expenditure, Population and Euro/US Dollar exchange rates were collected from Eurostat.

This dataset provides values for GDP PER CAPITA PPP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Since the oil price shock in 1974 unemployment increased significantly and also did not really decline in periods of economic upswings in Europe. This is especially the case for the countries of the European Union; therefore we face a special need for explanation. Looking at the member states on finds considerable differences. Since 1977 the unemployment rate within the EU is higher than the average unemployment rate of all OECD countries. The economic upswing in the second half of the 80s relaxed the labor market but nevertheless the unemployment rate remained on a high level. This study deals with the development of unemployment between 1974 and 1993 in four different G7 countries: Germany, France, Great Britain and Italy. Besides the common trend of an increasing unemployment rate, there are significantly different developments within the four countries. The analysis is divided in two parts: the first part looks at the reasons for the increase in unemployment in the considered countries; the second part aims to explain the difference between the developments of unemployment during economic cycles in the different countries. After the description of similarities and differences of labor markets in the four countries it follows a long term analysis based on annual data as well as a short and medium term analysis on quarterly data. This is due to the fact that short and medium term developments are mainly influenced by cyclical economic developments but long term developments are mainly influenced by other factors like demographical and structural changes. A concrete question within this framework is if an increase in production potential can contribute to a decrease in unemployment. For the long term analysis among others the Hysteresis-hypothesis (Hysteresis = Greek: to remain; denotes the remaining effect; in this context: remaining of unemployment) used for the explanation of the persistence of a high unemployment rate. According to this approach consisting unemployment is barely decreased after economic recovery despite full utilization of capacity. According to the Hysteresis-hypothesis there are two reasons for this. The first reason is that for long term unemployed the abilities to work and the qualification level decreased, their human capital is partly devalued. The second reason is that employees give up wage restraint, because they do not fear unemployment anymore and therefore enforce higher real wages. Besides economic recovery companies are not willing to hire long term unemployed with a lower expected productivity for the higher established tariff wages. In the context of the empirical investigation a multiple explanatory approach is chosen which takes supply side and demand side factors into consideration. The short and medium term analysis refers to Okun´s law (=an increase in the unemployment rate is connected with a decrease of the GDP; if the unemployment rate stays unchanged, the GDP grows with 3% p.a.) and aims to analyze more detailed the reactions of unemployment to economic cycles. A geometrical lag-model is compared with a lag-model ager Almon. This should ensure a precise as possible analysis of the Okun´s relations and coefficients. Register of tables in HISTAT: A.: Unemployment in the European G7 countries B.: Analysis of unemployment in the Federal Republic of Germany C.: Basic numbers: International comparison A.: Unemployment in the European G7 countries A.1. Determinates of unemployment in the EU, Germany (1974-1993) A.2. Determinates of unemployment in the EU, France (1974-1993) A.3. Determinates of unemployment in the EU, Great Britain (1974-1993) A.4. Determinates of unemployment in the EU, Italy (1974-1993) B: Analysis of unemployment in the Federal Republic of Germany B.1. Growth of unemployment in the Federal Republic of Germany (1984-1991) B.2. Output and unemployment in the Federal Republic of Germany (1961-1990) C: Basic numbers: International comparison C.1. Unemployment in EU countries, the USA, Japan and Switzerland (1960-1996) C.2. Gainful employments in EU countries, the USA, Japan and Switzerland (after inland and residency concept) (1960-1996) C.3. Employees in EU countries, the USA and Japan (1960-1996) C.4. Population in EU countries, the USA and Japan (1960-1996)

In the second half of the 20th century, Western Europe consistently had the highest GDP of any region in Europe, doubling any of the other given regions in the selected years. These years are significant, as 1950 marked the end of the post-war recovery period in most European countries, 1973 was the year when the post-war economic boom came to an end, and 1998 was when the former-Soviet states began to recover from the economic impact of communism's end.

The region with the largest GDP per capita growth in these years was the peripheral Western countries, which did not experience the same boom observed in most of the west in the 1950s and 1960s, but their economic boom came in later decades due to the emerging tourism sectors in Europe's south, and the investment in high-tech goods in Ireland. In contrast, GDP per capita in the East Bloc more than doubled between 1950 and 1973 but changed little in the non-Soviet states by 1998 and dropped by more than one-third in Russia and the Soviet-successor states.

The average for 2023 based on 27 countries was 140.58 percent. The highest value was in Luxembourg: 394.22 percent and the lowest value was in Italy: 66.24 percent. The indicator is available from 1960 to 2023. Below is a chart for all countries where data are available.

This dataset presents information on historical central government revenues for 31 countries in Europe and the Americas for the period from 1800 (or independence) to 2012. The countries included are: Argentina, Australia, Austria, Belgium, Bolivia, Brazil, Canada, Chile, Colombia, Denmark, Ecuador, Finland, France, Germany (West Germany between 1949 and 1990), Ireland, Italy, Japan, Mexico, New Zealand, Norway, Paraguay, Peru, Portugal, Spain, Sweden, Switzerland, the Netherlands, the United Kingdom, the United States, Uruguay, and Venezuela. In other words, the dataset includes all South American, North American, and Western European countries with a population of more than one million, plus Australia, New Zealand, Japan, and Mexico. The dataset contains information on the public finances of central governments. To make such information comparable cross-nationally the researchers chose to normalize nominal revenue figures in two ways: (i) as a share of the total budget, and (ii) as a share of total gross domestic product. The total tax revenue of the central state is disaggregated guided by the Government Finance Statistics Manual 2001 of the International Monetary Fund (IMF) which provides a classification of types of revenue, and describes in detail the contents of each classification category. Given the paucity of detailed historical data and the needs of our project, researchers combined some subcategories. First, they were interested in total tax revenue, as well as the shares of total revenue coming from direct and indirect taxes. Further, they measured two sub-categories of direct taxation, namely taxes on property and income. For indirect taxes, they separated excises, consumption, and customs.

This paper presents a new nonlinear time series model that captures a post-recession bounce-back in the level of aggregate output. While a number of studies have examined this type of business cycle asymmetry using recession-based dummy variables and threshold models, we relate the bounce-back effect to an endogenously estimated unobservable Markov-switching state variable. When the model is applied to US real GDP, we find that the Markov-switching regimes are closely related to NBER-dated recessions and expansions. Also, the Markov-switching form of nonlinearity is statistically significant and the bounce-back effect is large, implying that the permanent effects of recessions are small. Meanwhile, having accounted for the bounce-back effect, we find little or no remaining serial correlation in the data, suggesting that our model is sufficient to capture the defining features of US business cycle dynamics. When the model is applied to other countries, we find larger permanent effects of recessions.

We present a new, publicly available database of real-time data and forecasts from the Bank of Canada's staff economic projections, which will be updated on an annual basis. We describe the data construct, its variables, coverage, and frequency. We then provide a forecast evaluation for gross domestic product (GDP) growth, consumer price index (CPI) inflation and the policy rate since 1982: We compare the staff's forecasts with those from commonly used time series models estimated with the real-time data, and with forecasts from other professional forecasters, and provide standard bias tests. Finally, we study changes in predictability of the Canadian economy following the announcement of the inflation-targeting regime in 1991. Our data set is unprecedented outside the USA, and our evidence is particularly interesting, as it covers over 30 years of staff forecasts, two severe recessions, and different monetary policy regimes.

Introduction

This study reproduces the results of the article Relationship of gender differences in preferences to economic development and gender equality (DOI: 10.1126/science.aas9899) and partially its supplementary material.

The code for the analysis can be found at the following GitHub page: https://github.com/scerioli/Global-Preferences-Survey

Preparation of the data

Data Collection, Cleaning, and Standardization

The data used in the Falk & Hermle 2018 is not fully available because of two reasons:

1. Data paywall: Some part of the data is not available for free. It requires to pay a fee to the Gallup to access them. This is the case for the additional data set that is used in the article, for instance, the one that contains the education level and the household income quintile. Check the website of the briq - Institute on Behavior & Inequality for more information on it.

2. Data used in study is not available online: This is what happened for the LogGDP p/c calculated in 2005 US dollars (which is not directly available online). We decided to calculate the LogGDP p/c in 2010 US dollars because it was easily available, which should not change the main findings of the article.

Global Preferences Survey

This data is protected by copyright and cannot be given to third parties.

To download the GPS data set, go to the website of the Global Preferences Survey in the section "downloads". There, choose the "Dataset" form and after filling it, we can download the data set.

Hint: The organisation can be also "private".

The following two relevant papers have to be also cited in all publications that make use of or refer in any kind to GPS dataset:

• Falk, A., Becker, A., Dohmen, T., Enke, B., Huffman, D., & Sunde, U. (2018). Global evidence on economic preferences. Quarterly Journal of Economics, 133 (4), 1645–1692.

• Falk, A., Becker, A., Dohmen, T. J., Huffman, D., & Sunde, U. (2016). The preference survey module: A validated instrument for measuring risk, time, and social preferences. IZA Discussion Paper No. 9674.

GDP per capita

From the website of the World Bank, one can access the data about the GDP per capita on a certain set of years. We took the GDP per capita (constant 2010 US$), made an average of the data from 2003 until 2012 for all the available countries, and matched the names of the countries with the ones from the GPS data set.

Gender Equality Index

The Gender Equality Index is composed of four main data sets.

• Time since women’s suffrage: Taken from the Inter-Parliamentary Union Website. We prepared the data in the following way. For several countries more than one date where provided (for example, the right to be elected and the right to vote). We use the last date when both vote and stand for election right were granted, with no other restrictions commented. Some counties were a colony or within union of the countries (for instance, Kazakhstan in Soviet Union). For these countries, the rights to vote and be elected might be technically granted two times within union and as independent state. In this case we kept the first date. It was difficult to decide on South Africa because its history shows the racism part very entangled with women's rights. We kept the latest date when also Black women could vote. For Nigeria, considered the distinctions between North and South, we decided to keep only the North data because, again, it was showing the completeness of the country and it was the last date. Note: USA data doesn't take into account that also up to 1964 black women couldn't vote (in general, Blacks couldn't vote up to that year). We didn’t keep this date, because it was not explicitly mentioned in the original data set. This is in contrast with other choices made, but it is important to reproduce exactly the results of the publication, and the USA is often easy to spot on the plots.

• UN Gender Inequality Index: Taken from the Human Development Report 2015. We kept only the table called "Gender Inequality Index".

• WEF Global Gender Gap: WEF Global Gender Gap Index Taken from the World Economic Forum Global Gender Gap Report 2015. For countries where data were missing, data was added from the World Economic Forum Global Gender Gap Report 2006. We modified some of the country names directly in the csv file, that is why we provide it as an input file.

• Ratio of female and male labour force participation: Average International Labour Organization estimates from 2003 to 2012 taken from the World Bank database (http://data.worldbank.org/indicator/SL.TLF.CACT.FM.ZS). Values were inverted to create an index of equality. We took the average for the period between 2004 and 2013.

In our extended analysis, we also involved the following index:

• United Nations Development Programme Gender Development Index taken from Human Development Reports 2020. Note that we have downloaded the two tables of the Human Development Index for males and females, and used the ratio of the two as a GDI index, as described in the report.

This dataset provides values for GDP ANNUAL GROWTH RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

In 1870, the GDP of the U.S., Canada, Australia, and New Zealand was eight times larger than in 1820, and by 1913 it was almost 42 times larger. Although Europe had the largest share of global GDP in 1913, it had only grown by 5.4 times since 1820. GDP in the Asia-Pacific region did not double over this period, as it was not until the latter half of the twentieth century when industrialization began on a large scale.