Markets Actual Q4 Q1 Q2 Q3 2023
Currency 1.05 1.04 1.02 1 0.99 0.96
Stock Market (points) 1071.54 1037 1004 972 941 882
Government Bond 10Y (%) 2.94 3.15 3.39 3.64 3.91 4.51

Overview Actual Q4 Q1 Q2 Q3 2023
GDP Growth Rate (%) -1.40 0.4 0.5 0.8 0.4 0.4
GDP Annual Growth Rate (%) 3.40 -2.3 -0.8 2.4 2.4 6.3
Unemployment Rate (%) 5.30 5.6 5.8 5.6 5.6 6.1
Inflation Rate (%) 10.00 10.2 7.8 6 4 3
Interest Rate (%) 2.00 2.5 3 3.5 3.5 3.5
Balance of Trade (EUR Million) 260.66 -270 -270 -270 -270 -270
Current Account to GDP (% of GDP) 3.30 6.8 6.8 6.8 6.8 6.1
Government Debt to GDP (% of GDP) 74.70 82.5 82.5 82.5 82.5 82.5
Government Budget (% of GDP) -5.20 -4.2 -3.5 -3.5 -3.5 -3.5
Business Confidence (points) -5.00 -8 -5 -3 -1 2
Consumer Confidence (points) -37.00 -40 -40 -30 -25 -14
Retail Sales MoM (%) -0.70 -0.3 0.3 0.3 0.3 0.3
Corporate Tax Rate (%) 19.00 20 20 20 20 20
Personal Income Tax Rate (%) 45.00 45 45 45 45 45

GDP Actual Q4 Q1 Q2 Q3 2023
GDP Growth Rate (%) -1.40 0.4 0.5 0.8 0.4 0.4
GDP Annual Growth Rate (%) 3.40 -2.3 -0.8 2.4 2.4 6.3
GDP (USD Billion) 61.53 52.8 52.8 52.8 52.8 52.8
GDP Constant Prices (EUR Million) 11669.50 11464 11733 12202 11950 12186
Gross National Product (EUR Million) 52020.00 50824 51604 53268 53268 54025
Gross Fixed Capital Formation (EUR Million) 2374.80 2147 2354 2317 2432 2282
GDP per Capita (USD) 24703.63 27000 27000 27000 27000 27000
GDP per Capita PPP (USD) 39969.81 38800 38800 38800 38800 38800
Full Year GDP Growth (%) 8.35 5.1 0.6 0.6 0.6 0.6
GDP from Agriculture (EUR Million) 197.90 198 188 220 203 211
GDP from Construction (EUR Million) 608.50 522 516 542 623 555
GDP from Manufacturing (EUR Million) 2320.40 2401 2169 2556 2376 2552
GDP from Public Administration (EUR Million) 1656.00 1611 1643 1684 1696 1713
GDP from Services (EUR Million) 2298.90 2310 2262 2544 2354 2456

Labour Actual Q4 Q1 Q2 Q3 2023
Unemployment Rate (%) 5.30 5.6 5.8 5.6 5.6 6.1
Labour Costs (points) 129.60 128 129 134 133 133
Wages (EUR/Month) 1987.00 2114 2057 2057 2035 2166
Wages in Manufacturing (EUR/Month) 1971.00 2135 2037 2008 2019 2187
Minimum Wages (EUR/Month) 1074.43 1100 1100 1100 1100 1150
Population (Million) 2.11 2.07 2.07 2.07 2.07 2.07
Retirement Age Women (Years) 60.00 60 60 60 60 60
Retirement Age Men (Years) 60.00 60 60 60 60 60

Prices Actual Q4 Q1 Q2 Q3 2023
Inflation Rate (%) 10.00 10.2 7.8 6 4 3
Consumer Price Index CPI (points) 120.27 120 119 125 123 124
Harmonised Consumer Prices (points) 121.51 110 110 110 110 110
Core Consumer Prices (points) 117.33 117 117 121 121 122
Core Inflation Rate (%) 8.69 8.1 6.5 5.3 4.5 3.6
Producer Prices (points) 143.67 142 150 156 160 155
Inflation Rate MoM (%) 0.90 0.6 0.2 0.3 0.2 0.3
Producer Prices Change (%) 20.60 21.8 16.9 13.2 11.8 9.2
Food Inflation (%) 18.98 15.5 12 8.5 6 4
CPI Housing Utilities (points) 137.56 132 122 149 140 136
CPI Transportation (points) 115.10 116 116 116 117 117

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) 260.66 -270 -270 -270 -270 -270
Current Account to GDP (% of GDP) 3.30 6.8 6.8 6.8 6.8 6.1
Imports (EUR Million) 5038.87 2710 2710 2710 2710 2710
Exports (EUR Million) 5299.53 2440 2440 2440 2440 2440
Tourist Arrivals 398807.00 385000 381000 381000 381000 380000

Government Actual Q4 Q1 Q2 Q3 2023
Government Debt to GDP (% of GDP) 74.70 82.5 82.5 82.5 82.5 82.5
Government Budget (% of GDP) -5.20 -4.2 -3.5 -3.5 -3.5 -3.5
Government Budget Value (EUR Million) 45.00 117 117 117 117 117
Government Spending (EUR Million) 2146.00 2126 2128 2159 2198 2259
Government Spending to GDP (% of GDP) 49.10 44 44 44 44 44

Taxes Actual Q4 Q1 Q2 Q3 2023
Corporate Tax Rate (%) 19.00 20 20 20 20 20
Personal Income Tax Rate (%) 45.00 45 45 45 45 45
Sales Tax Rate (%) 22.00 22 22 22 22 22
Social Security Rate (%) 38.20 38.2 38.2 38.2 38.2 38.2
Social Security Rate For Companies (%) 16.10 16.1 16.1 16.1 16.1 16.1
Social Security Rate For Employees (%) 22.10 22.1 22.1 22.1 22.1 22.1

Business Actual Q4 Q1 Q2 Q3 2023
Business Confidence (points) -5.00 -8 -5 -3 -1 2
Industrial Production (%) -0.20 -0.8 1.2 2.1 2.5 3.1

Consumer Actual Q4 Q1 Q2 Q3 2023
Consumer Confidence (points) -37.00 -40 -40 -30 -25 -14
Retail Sales MoM (%) -0.70 -0.3 0.3 0.3 0.3 0.3
Retail Sales YoY (%) 8.50 11.2 11.2 7.5 4.3 1.5
Consumer Spending (EUR Million) 6319.50 6234 6424 6435 6471 6626
Consumer Credit (EUR Million) 2609.00 2531 2566 2648 2672 2691
Gasoline Prices (USD/Liter) 1.43 1.48 1.54 1.6 1.66 1.78
Bank Lending Rate (%) 4.65 5.15 5.65 6.15 6.15 6.15