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EU Regional Development Fund Payment Data
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About
Data provides a detailed overview of the European Union Structural Funds Absorption Rate for the 2007–2013 programming period. It explains the annual payments made by the EU Commission from the central budget to individual Member States. The data is broken down by specific Fund types and reporting year. It is crucial for understanding the financial execution of the EU Cohesion Policy, which includes the European Regional Development Fund, the Cohesion Fund, and the European Social Fund. The primary metric tracked is the percentage of the total available budget that was paid out to each Member State.
Columns
The dataset contains seven essential columns:
- country: Identifies the European Member State receiving the funding (e.g., Latvia, Spain).
- year: The calendar year in which the payments were made, covering the operational period.
- fund: Specifies the source of the funds (e.g., ERDF, ESF).
- total_paid: The aggregate financial value paid out during the specific year and fund combination (measured in Euros, with values ranging up to 52.2 billion).
- advance: The pre-financing or advance payments component of the total paid amount.
- interim: The subsequent interim payments component of the total paid amount.
- absorption: The calculated percentage paid to the Member State relative to their total available budget, indicating the funds absorption rate (ranging from 0% to 100%).
Distribution
The data is typically provided in a CSV file format, specifically referenced as eu_sf_far_2007_2013.csv (weighing approximately 64.76 kB). The structure includes 7 columns and holds 1000 valid records. The expected update frequency for this material is quarterly.
Usage
This data is ideal for various analytical applications, including:
- Comparing the differences in fund absorption percentages across various European countries over the years 2007 to 2013 (and subsequent payment years).
- Analysing correlations between the amounts allocated to different countries and their respective rates of fund absorption.
- Tracking the distribution of funds between pre-financing (advance) and interim payments.
- Combining with demographic or economic indicators to study the impact and efficiency of EU Regional Development funding.
Coverage
The data covers the EU Cohesion Policy, encompassing payments made under the European Regional Development Fund, Cohesion Fund, European Social Fund, and European Territorial Cooperation. Geographically, it covers Member States participating in the EU Cohesion Policy (with samples showing up to 29 unique countries). The primary programming period is 2007–2013, though annual payment data ranges from 2007 up to 2016 in the sample set.
License
CC0: Public Domain
Who Can Use It
- Government Analysts: To monitor the efficiency of structural fund usage and identify performance gaps across regions.
- Economists and Researchers: For studying regional convergence, fiscal policy, and macroeconomic trends within the EU.
- Policy Makers: To inform decisions regarding future EU budget allocations and structural support mechanisms.
Dataset Name Suggestions
- EU Structural Funds Absorption Rate 2007–2013 Payments
- European Cohesion Policy Fund Payment Tracker
- Annual EU Structural Funds Absorption by Member State
- EU Regional Development Fund Payment Data
Attributes
Original Data Source: EU Regional Development Fund Payment Data
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