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Eurostat Annual Real GDP Per Capita Data
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About
Real Gross Domestic Product (GDP) per capita statistics for the European Union (EU) provide a crucial indicator of economic activity and material living standards. This metric is calculated as the ratio of real GDP to the average population within a given year. The data serves a vital role in monitoring progress toward the Sustainable Development Goal (SDG) 8, which targets decent work and sustained economic growth. By adhering to international frameworks like ESA 2010 and SNA 2008, the data ensures robust comparability across all EU Member States. It offers essential insights into economic productivity and welfare, although it is important to note that it does not account for factors like unpaid household work or environmental degradation.
Columns
The dataset contains 46 columns, detailing various aspects of the economic measure and its context:
- real UE/Dataset: The core indicator value representing the real GDP per capita for the Union Europe aggregate.
- YEAR: Specifies the reference year for the economic measurement, aligning with the expected annual update frequency.
- PERCENTEGE: Numerical data likely detailing annual growth rates or percentage changes associated with the economic figures.
- VALUE: A field containing various aggregated or auxiliary numerical data points.
- STRUTECTED: Potentially captures structural data or specific sub-components of the GDP measure.
- COUNTRYES: Identifies the specific EU Member State or country grouping to which the data applies.
- ECONOMIC, HEATH, OTHER: These likely represent breakdowns or classifications related to economic sectors or data status.
Distribution
The information originates from Eurostat, the statistical office of the European Union. The data is available in a CSV file format, extracted on 11/11/2023. The file, named
eurostar upt.csv, is approximately 8.51 kB and features 46 distinct columns. While the precise total number of records is not explicitly defined, internal data checks suggest samples typically involve around 54 to 57 unique data points or labels.Usage
This data is ideal for:
- Policy analysis focused on achieving SDG 8 targets related to economic growth and productivity.
- Tracking the effectiveness of European funding instruments, such as the European Social Fund, in stimulating job creation and competitiveness.
- Macroeconomic modelling and forecasting across EU Member States.
- Analysing trends in material living standards and overall economic welfare within the EU context.
- Serving as an impact indicator for the European Commission’s Strategic Plan priorities.
Coverage
The geographic scope of the data encompasses all EU Member States. The information is collected and updated annually. While the precise continuous time series is not defined, various metrics within the dataset include ranges that span many years, indicating an annual reporting schedule. The measurements are specifically focused on national economic output relative to the average population of a specific year.
License
CC0: Public Domain
Who Can Use It
- Academics and Economists: Utilising the standardised data for cross-country comparisons and long-term economic studies.
- Government and EU Officials: Monitoring progress toward European Green Deal objectives and targets defined under SDG 8.
- Financial Analysts: Incorporating macro-level EU growth indicators into investment research and reports.
- Journalists and Researchers: Reporting on EU economic performance, wealth distribution, and quality of life indicators.
Dataset Name Suggestions
- Eurostat Annual Real GDP Per Capita Data
- European Union Sustainable Economic Growth Monitor
- EU Member State Material Living Standards (SDG 8)
- Real GDP Per Capita Statistics (All EU MS)
Attributes
Original Data Source: Eurostat Annual Real GDP Per Capita Data
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