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NACE R2 Industrial Output by European Country
Data Science and Analytics
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About
This data resource focuses on Production in industry using annual statistics compiled from European sources. It provides necessary context for understanding drivers of climate change in Europe related to industrial output. The dataset is derived from official European statistical databases, offering detailed economic activity metrics across various countries and industrial sectors.
Columns
There are seven columns included in the dataset:
- indic_bt: Indicator used, which has one unique value, PROD.
- nace_r2: NACE Revision 2 classification, detailing specific industrial activities (359 unique values).
- s_adj: Seasonal adjustment indicator, split mainly between CA (Calendar Adjusted) and NSA (Non-Seasonally Adjusted).
- unit: The unit of measurement for the production value (three unique types, including I15 and I10).
- geo: The geographic coverage, represented by 38 unique 2-character acronyms corresponding to EU countries and regional groups.
- year: The specific year the annual data point refers to.
- value: The reported production value. Note that 56% of records in this column are listed as missing.
Distribution
The information is available in a CSV format file named
eu_production_in_industry_annual_data.csv, which is approximately 27.26 MB in size. The dataset contains around 877,000 valid records across the majority of its fields.Usage
This dataset is ideal for:
- Economic Modelling: Analysing long-term industrial trends and performance metrics across different European nations.
- Policy Research: Evaluating the impact of policy changes on industrial output and economic stability.
- Environmental Analysis: Studying the relationship between industrial production levels and key climate change drivers in Europe.
- Macroeconomic Forecasting: Utilizing seasonally adjusted and non-adjusted figures for predicting future economic activity.
Coverage
The data provides annual coverage spanning from 1980 to 2020. Geographically, it focuses on Europe, specifically EU countries and specific country groups, with 38 unique geographic entities represented by acronyms. The expected update frequency for this dataset is annually.
License
CC0: Public Domain
Who Can Use It
This dataset is designed for:
- Economists and Researchers: Using detailed NACE classifications to conduct sector-specific analysis.
- Business Analysts: Identifying market trends and industrial shifts within Europe.
- Government Bodies: Monitoring national and regional industrial performance.
- Climate Scientists: Integrating industrial production data into larger environmental models concerning European climate drivers.
Dataset Name Suggestions
- European Industrial Activity Annual Data
- Eurostat Annual Production in Industry Metrics
- NACE R2 European Production Index (1980–2020)
Attributes
Original Data Source: NACE R2 Industrial Output by European Country
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