Markets Actual Q4 Q1 Q2 Q3 2023
Currency 1.05 1.02 1.01 0.99 0.97 0.94
Stock Market (points) 947.78 912 893 873 855 819
Government Bond 10Y (%) 3.67 3.99 4.19 4.4 4.62 5.09

Overview Actual Q4 Q1 Q2 Q3 2023
GDP Growth Rate (%) 0.50 0.5 1.2 1 0.8 0.9
GDP Annual Growth Rate (%) 2.00 0.1 0.7 3 3 3.9
Unemployment Rate (%) 8.30 9.8 9.6 9.6 9.6 9.5
Inflation Rate (%) 23.60 20.5 18.1 15.3 12 9.1
Inflation Rate MoM (%) 1.20 1.5 1 0.8 0.6 1
Interest Rate (%) 2.00 2.5 3 3.5 3.5 3.5
Balance of Trade (EUR Million) -830.00 -200 -200 -200 -200 -200
Current Account (EUR Million) -276.20 -260 -400 -330 -310 -300
Current Account to GDP (% of GDP) 1.40 3.2 2.6 2.6 2.6 2.6
Government Debt to GDP (% of GDP) 44.30 45 43 43 43 43.8
Government Budget (% of GDP) -1.00 -4.8 -2.5 -2.5 -2.5 -2.5
Business Confidence (points) -13.20 -0.5 1 1 1 -1
Consumer Confidence (points) -15.00 -6 -2 -2 -2 -1
Retail Sales MoM (%) -1.50 16.1 11.3 0.9 -7.8 14.8
Corporate Tax Rate (%) 15.00 15 15 15 15 15
Personal Income Tax Rate (%) 20.00 15 15 15 15 15

GDP Actual Q4 Q1 Q2 Q3 2023
GDP Growth Rate (%) 0.50 0.5 1.2 1 0.8 0.9
GDP Annual Growth Rate (%) 2.00 0.1 0.7 3 3 3.9
GDP (USD Billion) 65.50 52 52 52 52 52
GDP Constant Prices (EUR Million) 11857.10 11704 11839 12151 12213 12161
Gross National Product (EUR Million) 53392.60 53446 53766 54994 54994 55530
Gross Fixed Capital Formation (EUR Million) 2826.00 2822 2265 2755 2911 2932
GDP per Capita (USD) 18072.29 18000 18000 18000 18000 18000
GDP per Capita PPP (USD) 38957.63 37300 37300 37300 37300 37300
Full Year GDP Growth (%) 6.00 2.5 1.5 1.5 1.5 1.5

Labour Actual Q4 Q1 Q2 Q3 2023
Unemployment Rate (%) 8.30 9.8 9.6 9.6 9.6 9.5
Wages (EUR/Month) 1780.50 1881 1860 1895 1910 1990
Wages in Manufacturing (EUR/Month) 1780.50 990 990 990 990 990
Minimum Wages (EUR/Month) 730.00 730 840 840 840 840
Population (Million) 2.80 2.65 2.65 2.65 2.65 2.65
Retirement Age Women (Years) 63.67 63.67 63.67 63.67 63.67 63.67
Retirement Age Men (Years) 64.33 64.33 64.33 64.33 64.33 64.33

Prices Actual Q4 Q1 Q2 Q3 2023
Inflation Rate (%) 23.60 20.5 18.1 15.3 12 9.1
Inflation Rate MoM (%) 1.20 1.5 1 0.8 0.6 1
Consumer Price Index CPI (points) 148.78 148 155 161 165 162
Harmonised Consumer Prices (points) 146.15 116 116 116 116 116
Core Consumer Prices (points) 132.92 135 136 137 137 140
Core Inflation Rate (%) 12.20 12.8 10.6 7.5 4.9 3.6
Producer Prices (points) 142.10 142 143 145 141 143
Producer Prices Change (%) 28.20 25 15 3.5 1.2 0.8
Food Inflation (%) 33.70 27.8 22 16 10 4.8
CPI Housing Utilities (points) 190.68 103 103 103 103 103
CPI Transportation (points) 144.02 146 148 149 150 151

Money Actual Q4 Q1 Q2 Q3 2023
Interest Rate (%) 2.00 2.5 3 3.5 3.5 3.5
Interbank Rate (%) 1.83 2.33 2.83 3.33 3.33 3.33

Trade Actual Q4 Q1 Q2 Q3 2023
Balance of Trade (EUR Million) -830.00 -200 -200 -200 -200 -200
Current Account (EUR Million) -276.20 -260 -400 -330 -310 -300
Current Account to GDP (% of GDP) 1.40 3.2 2.6 2.6 2.6 2.6
Imports (EUR Million) 5240.50 2950 2950 2950 2950 2950
Exports (EUR Million) 4410.50 2750 2750 2750 2750 2750
Foreign Direct Investment (EUR Million) 709.85 75.78 75.78 75.78 75.78 75.78

Government Actual Q4 Q1 Q2 Q3 2023
Government Debt to GDP (% of GDP) 44.30 45 43 43 43 43.8
Government Budget (% of GDP) -1.00 -4.8 -2.5 -2.5 -2.5 -2.5
Government Budget Value (EUR Million) 786.40 -136 -136 -136 -136 -136
Government Spending (EUR Million) 1456.60 1575 1705 1715 1500 1636
Government Spending to GDP (% of GDP) 38.70 35 35 35 35 35

Taxes Actual Q4 Q1 Q2 Q3 2023
Corporate Tax Rate (%) 15.00 15 15 15 15 15
Personal Income Tax Rate (%) 20.00 15 15 15 15 15
Sales Tax Rate (%) 21.00 21 21 21 21 21
Social Security Rate (%) 21.27 21.27 21.27 21.27 21.27 21.27
Social Security Rate For Companies (%) 1.77 1.77 1.77 1.77 1.77 1.77
Social Security Rate For Employees (%) 19.50 19.5 19.5 19.5 19.5 19.5

Business Actual Q4 Q1 Q2 Q3 2023
Business Confidence (points) -13.20 -0.5 1 1 1 -1
Industrial Production (%) 1.00 3.7 -3.3 4.6 2.2 2.9
Industrial Production Mom (%) 1.10 0.5 0.5 0.5 0.5 0.5

Consumer Actual Q4 Q1 Q2 Q3 2023
Consumer Confidence (points) -15.00 -6 -2 -2 -2 -1
Retail Sales MoM (%) -1.50 16.1 11.3 0.9 -7.8 14.8
Retail Sales YoY (%) -3.50 -2.2 -4.5 2.8 3.4 5.2
Consumer Spending (EUR Million) 7345.67 7389 6804 7286 7566 7677
Gasoline Prices (USD/Liter) 1.67 1.77 1.84 1.91 1.98 2.13
Consumer Credit (EUR Million) 915.60 776 819 894 943 806