Capacity Utilization in European Union increased to 77.70 percent in the first quarter of 2021 from 76.50 percent in the fourth quarter of 2020. source: European Commission
Capacity Utilization in European Union averaged 80.64 percent from 1985 until 2021, reaching an all time high of 84.80 percent in the fourth quarter of 1989 and a record low of 68.90 percent in the second quarter of 2020. This page provides - European Union Capacity Utilization - actual values, historical data, forecast, chart, statistics, economic calendar and news. European Union Capacity Utilization - values, historical data and charts - was last updated on April of 2021.
Capacity Utilization in European Union is expected to be 77.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Capacity Utilization in European Union to stand at 80.00 in 12 months time. In the long-term, the European Union Capacity Utilization is projected to trend around 82.00 percent in 2022 and 83.00 percent in 2023, according to our econometric models.