The Scoreboard measures the performance of the Single Market, also known as the Internal Market or Common Market.
The Single Market consists of the economies of the 27 Member States of the European Union (EU). Through the Agreement on the European Economic Area (EEA) and with certain exceptions, the Single Market also includes Iceland, Liechtenstein and Norway. Through bilateral treaties, Switzerland also forms part of it.
The Single Market guarantees the free movement of goods, capital, services, and labour/people, known as the “four freedoms”, which are at its heart.
A functioning single market stimulates competition and trade, improves efficiency, raises quality, and helps to cut prices. The Single Market has fuelled economic growth and made the everyday life of European businesses and citizens easier.
A well functioning Single Market:
- stimulates competition and trade
- improves efficiency
- raises quality
- helps cut prices.
The Single Market has fuelled economic growth and made the everyday life of European businesses and the public easier.
A well-functioning Single Market requires effective governance by the European Commission and EU/EEA Member States, as well as effective implementation “on the ground”, in Member States.
As part of the Single Market strategy, the Single Market Scoreboard monitors the countries’ performance when implementing the four freedoms.
The Scoreboard provides detailed information:
Aside from a performance overview for all countries, it also shows the results achieved, the feedback received and the conclusions drawn, all feeding into future action.