Idea Transcript
EUROPEAN UNION Fact sheets are updated biannually; June and December
General information Capital: Land area: Population: Currency: Members:
Brussels President of the European Commission Mr Jean-Claude Juncker 4,236,562 sq km President of the European Council 509.7 million (2017) Mr Donald Tusk Euro Austria*, Belgium*, Bulgaria, Croatia, Cyprus*, Czech Republic, Denmark, Estonia*, Finland*, France*, Germany*, Greece*, Hungary, Ireland*, Italy*, Latvia*, Lithuania*, Luxembourg*, Malta*, Netherlands*, Poland, Portugal*, Romania, Slovak Republic*, Slovenia*, Spain*, Sweden, United Kingdom (* denotes Eurozone).
Economic indicators (a) GDP (US$b) (current prices) GDP per capita (US$) GDP PPP (Int'l $b) GDP per capita PPP (Int'l $) Real GDP growth (% change yoy) Current account balance (US$b) Current account balance (% GDP) Inflation (% change yoy) Unemployment (% labour force)
2013
2014
2015
2016
2017
2018
18,059.1 35,806.9 18,194.3 36,075.2 0.3 287.1 1.2 1.6 10.9
18,691.4 36,967.4 18,883.3 37,346.8 1.9 304.4 1.7 1.6 10.2
16,447.3 32,428.1 19,529.4 38,504.9 2.4 310.8 1.7 1.9 9.4
16,534.9 32,505.9 20,142.8 39,598.5 2.0 324.9 2.2 2.0 8.6
17,325.4 33,993.7 21,069.2 41,339.2 2.7 433.3 2.2 2.5 7.6
18,769.3 36,736.0 22,030.9 43,119.9 2.2 429.0 2.4 2.3 na
Australia's trade and investment relationship with European Union (b) Australian merchandise trade with European Union, 2017-18 (A$m) Exports to European Union 18,139 Imports from European Union 53,860 Total merchandise trade (exports + imports) 71,998 Major Australian exports, 2017-18 (A$m) Coal Gold Oil-seeds & oleaginous fruits, soft Alcoholic beverages
4,147 3,310 1,112 660
Australia's trade in services with European Union, 2017-18 (A$m) Exports of services to European Union 11,485 Imports of services from European Union 22,585 Major Australian services exports, 2017-18 (A$m) Personal travel excluding education Education-related travel
5,151 1,531
Totals share 5.8% 17.8% 11.7%
Rank .. .. ..
Major Australian imports, 2017-18 (A$m) Passenger motor vehicles Medicaments (incl veterinary) Pharm products (excl medicaments) Goods vehicles Total share 13.0% 24.3%
Rank .. ..
Major Australian services imports, 2017-18 (A$m) Personal travel excluding education Transport
Australia's investment relationship with European Union, 2017 (A$m) Australia's investment in European Union European Union's investment in Australia
Total 612,121 1,087,933
Growth (yoy) -4.5% 9.9% 5.9%
6,553 4,184 2,503 1,606 Growth (yoy) -3.7% 9.6% 9,339 3,707
FDI 117,797 188,746
European Union's global merchandise trade relationships European Union's principal export destinations, 2017 1 United States 2 China 3 Switzerland
14 Australia
19.7% 10.4% 7.9%
1.8%
European Union's principal import sources, 2017 1 China 2 United States 3 Russian Federation
29 Australia
20.2% 13.7% 7.1%
0.7%
Compiled by the Statistics Section, DFAT, using the latest data from the ABS, the IMF and various international sources
(a) Economic indicators data is from the IMF WEO where available, WKH(,8RURWKHUUHSXWDEOHVRXUFH'DWDPD\LQFOXGHIRUHFDVWVRUSURMHFWLRQVIRUUHFHQW\HDUV*1,PD\EHVKRZQLQOLHXRI*'3IRUFRXQWULHVZKHUH*'3GDWDLVXQDYDLODEOH E 0HUFKDQGLVHWUDGHGDWDLVEDVHGRQSXEOLVKHGDQGXQSXEOLVKHG$%6GDWD0D\H[FOXGHFRQILGHQWLDOLWHPVRIWUDGH7RWDOVPD\QRWDGGXSGXHWRURXQGLQJ,QYHVWPHQWGDWDLVVWRFNVDVDWHQG'HFHPEHU All data may be subject to future revisions. *'3*URVV'RPHVWLF3URGXFW3333XUFKDVLQJSRZHUSDULW\*1,*URVV1DWLRQDO,QFRPHQD'DWDLVQRWDYDLODEOHQS'DWDLVQRWSXEOLVKHG'DWDLVQRWPHDQLQJIXO3ULPDU\3ULPDU\JRRGV6706LPSO\WUDQVIRUPHGPDQXIDFWXUHV (70(ODERUDWHO\WUDQVIRUPHGPDQXIDFWXUHV2WKHU2WKHUJRRGVLQFOXGLQJQRQPRQHWDU\JROGIFI)UHVKFKLOOHGRUIUR]HQQHV1RWHOVHZKHUHVSHFLILHG