Capacity Utilization in European Union decreased to 81.10 percent in the fourth quarter of 2019 from 81.60 percent in the third quarter of 2019. Capacity Utilization in European Union averaged 81.20 percent from 1985 until 2019, 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.

Capacity Utilization in European Union is expected to be 84.50 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 84.60 in 12 months time. In the long-term, the European Union Capacity Utilization is projected to trend around 84.80 percent in 2020, according to our econometric models.

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European Union Capacity Utilization

Actual Previous Highest Lowest Dates Unit Frequency
81.10 81.60 85.10 69.90 1985 - 2019 percent Quarterly
Seasonally Adjusted

European Union Business Last Previous Highest Lowest Unit
Industrial Production Mom -0.10 -0.60 2.80 -3.70 percent [+]
Manufacturing Production -1.30 -1.80 10.00 -20.00 percent [+]
Industrial Production -1.30 -1.90 9.40 -19.30 percent [+]
Mining Production -4.50 -7.80 21.60 -18.90 percent [+]
Steel Production 12789.00 13336.00 19178.00 8457.00 Thousand Tonnes [+]
Business Confidence -10.10 -9.40 9.50 -38.10 points [+]
Capacity Utilization 81.10 81.60 85.10 69.90 percent [+]
Car Registrations 1215076.00 1175959.00 1890664.00 654766.00 Units [+]
Changes In Inventories 2600.70 22533.90 41214.30 -29022.30 EUR Million [+]