Capacity Utilization in European Union decreased to 70.10 percent in the second quarter of 2020 from 80.70 percent in the first quarter of 2020.
Capacity Utilization in European Union averaged 81.12 percent from 1985 until 2020, reaching an all time high of 85.10 percent in the first quarter of 1990 and a record low of 69.90 percent in the third quarter of 2009. 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 July of 2020.
Capacity Utilization in European Union is expected to be 72.00 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 78.00 in 12 months time. In the long-term, the European Union Capacity Utilization is projected to trend around 80.00 percent in 2021 and 82.00 percent in 2022, according to our econometric models.