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Single Market and Competitiveness Scoreboard

Growth, productivity and investments

 

Labour productivity

The labour productivity indicator tracks the economic output per hour worked in the economy. It is measured in purchasing power adjusted (PPP) GDP per hour worked. Values are indexed with EU at 100 in 2024. 

Source: AMECO (2024)

Growth rate in GDP per person employed

This indicator shows the trends in the annual growth rates of economic output per person employed in the EU, UK, US and Japan. It is measured in constant prices.

Sources: AMECO (2024)

Private investment as a share of GDP

This chart shows the trend in private investment (gross fixed capital formation) as a share of annual GDP for the EU, UK and US.

The data refer to the increase of the capital stock belonging to businesses and individuals, including equipment, land, houses and other buildings, and intangibles like R&D. The indicator measures how the private sector improves its capacity to produce goods, deliver services and increase income in the future.

Source: AMECO (2024)

Public investment as a share of GDP

This chart shows the trend in public investment (gross fixed capital formation) as a share of annual GDP for the EU, UK and US.

Public investment is a measure of how much money a country spends to increase the value of fixed assets (e.g. road infrastructure, buildings, equipment and intangibles).

Source: AMECO (2024)

Net foreign direct investment flows

This indicator shows the net share of foreign direct investment (FDI) inflows going into the EU, US, UK, Japan and China, as shares of total global FDI inflows. FDI involves the taking of a lasting interest in a business located in another economy. A value below zero in a given year indicates that foreign disinvestment from an economy was greater than foreign investment into that economy during that year.

Source: FDI flows | OECD (2024)

Foreign direct investment stocks

This indicator shows accumulated FDI stocks hosted in the EU, US, UK, Japan and China, as shares of the total global FDI stock.  (2024)

Source: FDI stocks | OECD (2024)

EU investment in industrial transition

This indicator shows the cumulative volume of InvestEU investments supporting industry’s green and digital transition since the programme became operational.

Source: European Commission (2024)

High-growth enterprises

This indicator measures the share of EU high-growth businesses, defined as businesses experiencing 10% annual employment growth rates within a 3-year period, excluding micro-enterprises. The share is calculated by dividing the number of high-growth businesses by the number of active businesses with at least 10 employees. Higher shares of high-growth businesses indicate a stronger ability of businesses to grow and create jobs.

Note: Due to data availability in Eurostat, data up to 2020 refer to the non-financial business economy (NACE Rev. 2 code B-N_X_K642). From 2021 onwards, the statistical framework was extended to include additional sectors (K, P, Q, and R), corresponding to NACE Rev. 2 code B-S_X_O_S94, thereby replacing the previous definition.

Source: Eurostat (2023) bd_hg

Value added in industry

This indicator shows the trends in the annual percentage growth in the value added in industry, including construction, for EU, US, Japan and China.

Source: World Bank, national accounts

Value added in services

This indicator shows the trends in the annual percentage growth in the value added in services for EU, US, Japan and China.

Source: World Bank, national accounts

Value added by size of business

This indicator measures the total value added by size of business in the EU (measured at factor cost). Data are provided by business size (0-9 employees, 10-49, 50-249, 250+). Value added is expressed in current prices (EUR trillion).  (EU 27) 

Source: Eurostat (2024) sbs_sc_ovw, JRC

Wage levels and evolution

This indicator measures annual net earnings in purchasing power standard for people earning 100% of the average earnings of a specific category of households.

The chart on the left provides data for EU, US, UK and Japan. The chart on the right details the EU growth rates for the three categories of households.

Source: Eurostat (2024) earn_nt_net.

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