The Single Market and Competitiveness Scoreboard tracks the functioning of the Single Market and the state of EU competitiveness. Its purpose is to support EU institutions, Member State policymakers and stakeholders in the business community with trendspotting, progress tracking and identification of new priorities for business policy.
The Single Market consists of 31 countries’ economies. First, it includes all 27 EU Member States. Second, through the Agreement on the European Economic Area (EEA) and with certain exceptions, it includes Iceland, Liechtenstein and Norway. Third, through bilateral treaties, Switzerland is also part of it. The Single Market facilitates the free movement of goods, capital, services, and people, known as the “four freedoms”, enshrined in the EU treaties.
A functioning Single Market stimulates competition and trade, improves market efficiency, raises the quality of products and services, and contributes to lowering prices. Already for more than 30 years now, the Single Market has fuelled economic growth and facilitated everyday life for European people and businesses. Furthermore, it contributes to making the European economy more resilient.
The Scoreboard encompasses more than 160 indicators giving detailed information on:
The Scoreboard is managed by units E.4 and A.4 at the European Commission's Directorate-General for Internal Market, Industry, Entrepreneurship and SMEs (DG GROW).