Monthly European Union Economic Report


  • Mod

    December 2016 - January 2017

    The European Union's economy held fast over the course of December 2016 - January 2017. The regional economy had the following data:

    • GDP in this period reached €53,828,600,768,000, the highest it has been for several months.
    • GDP per capita in this period for the European population (1.4 billion) was €27,830.08, its highest since June 2016.
    • Every European nation experienced wage growth of at least 1% from December 2016-January 2017
    • Every European nation experienced GDP growth of at least 1% from December 2016-January 2017
    • The average value of non-Euro currency in the European Union was 23 cents higher than the Euro.

    Our list of the 8 Largest Economies in the European Union:

    1. The Duxburian Union
    2. Angleter
    3. The United KIngdom
    4. Australia
    5. Aalen
    6. Fremet
    7. Derecta
    8. Sitanova

    The currencies with the highest exchange rates:

    1. Pound sterling (United Kingdom): £1:€1.58
    2. Australian dollar: $1:€1.57
    3. Franc miracois (Miraco): ₣1:€1.55
    4. Fremetian franc: ₣1:€1.55
    5. Duxburian kael: K:1:€1.54

    Any further information can be found in the European Union's Economic Spreadsheet.


  • Mod

    January 2017 - October 2017

    The European Union's economy held fast over the course of January 2017 - October 2017. The regional economy had the following data:

    • GDP in this period reached €41.1 trillion Euros
    • GDP per capita in this period for the European population (1.4 billion) was €49,908 its highest ever.
    • Duxburian wages have decreased over the period. Fastest wage growth has come from Derecta and Australia.
    • Every European nation experienced GDP growth of at least 1% from January 2017 - October 2017
    • Average value of non-Euro currencies: €1.71

    Our list of the 8 Largest Economies in the European Union (in euros):

    1. Inquista 
    2. Duxburian Union
    3. Angleter
    4. The United Kingdom
    5. Australia
    6. Fremet
    7. Derecta
    8. Miraco

    The currencies with the highest exchange rates:

    1. Australian dollar: $1:€1.58
    2. Pound sterling (United Kingdom): £1:€1.57
    3. Inquistan Inquisto: I1:€1.57
    4. Franc miracois (Miraco): ₣1:€1.55
    5. Angleteric pound: A£1:€1.52

    The currencies with largest reserves

    1. Angleteric pound
    2. Duxburian kael
    3. Pound sterling (UK)
    4. Inquistan Inquisto
    5. Australian dollar

    Any further information can be found in the European Union's Economic Spreadsheet.


  • Mod

    October 2017 - November 2017

    • Wage growth shown in the United Kingdom (1.3%), Australia (1.2%), Derecta (1.2%)
    • Wage stagnation in Angleter, Duxburian Union, Inquista
    • Wages fell in Miraco (-1.5%), Fremet (-0.4%), Liban (-0.9%), Pefki (-0.4%), Inimicus (-0.28%)
    • Q3 GDP growth: 
      • The United Kingdom (2.8%)
      • Australia (3.3%)
      • Derecta (0.5%)
      • Duxburian Union (1.1%)
      • Angleter (3.4%)
      • Inquista (1.7%)
      • Miraco (-0.1%)
      • Pefki (0.2%)
      • Fremet (-0.17%)
      • Liban (-0.29%)
      • Inimicus (-0.39%)

    Largest EU economies:

    1. Inquista
    2. Duxburian Union
    3. Angleter
    4. The United Kingdom
    5. Inimicus
    6. Australia
    7. Fremet
    8. Derecta


  • Mod

    November 2017 - December 2017

    • Wage growth in the United Kingdom (1.2%), Australia (1.9%), and Derecta (7.4%)
    • Wage stagnation in Angleter, Duxburian Union, Inquista
    • Wages fell in Miraco (-7.3%), Fremet (-0.5%), Pefki (-2.1%)
    • November GDP growth:
      • Derecta (15%)
      • Australia (2.9%)
      • The United Kingdom (2.2%)
      • Angleter (1.8%)
      • Inquista (1.2%)
      • Fremet (1.2%)
      • Duxburian Union (0.8%)
      • Pefki (-0.5%)
      • Miraco (-3.3%)

    Top European Economies

    1. Inquista
    2. Duxburian Union
    3. Angleter
    4. The United Kingdom
    5. Australia
    6. Fremet
    7. Derecta
    8. Miraco


  • Mod

    January - February 2018

    Europe's Largest Economies (E6) - measured in euros

    1. Inquista (€10.9 trillion)
    2. Duxburian Union (€10.4 trillion)
    3. Angleter (€6.4 trillion)
    4. The United Kingdom (€6.3 trillion)
    5. Australia (€1.8 trillion)
    6. Derecta (€1.6 trillion)
    • Wages grew in the United Kingdom, Australia, Montenbourg, Fremet
    • Wage stagnation in Duxburian Union, Angleter, Derecta, and Inquista
    • Major currencies held strong.
    • Ghan added to monitoring of European economies. 

    Annual GDP growth:

    • The United Kingdom (3.7%)
    • Australia (3.3%)
    • Angleter (2.9%)
    • Inquista (2.9%)
    • Duxburian Union (1.1%)
    • Derecta (4.5%)
    • Fremet (2.1%)


  • Mod

    February - March 2018

    Europe's Largest Economies (E8)

    1. Inquista - €11.058 trillion
    2. Duxburian Union - €10.630 trillion
    3. Angleter - €6.391 trillion
    4. The United Kingdom - €5.396 trillion
    5. Australia - €2.491 trillion
    6. Fremet - €1.924 trillion
    7. Miraco - €1.405 trillion
    8. Icholasen - €918 billion

    Europe's Newest Economies

    1. Montenbourg - €888 billion
    2. Scoye - €15.2 billion
    3. Omnibus - €1.834 billion
    4. Luxemlandberg - €15.7 billion
    5. Freuletia - €1.7 billion
    6. Thyrnia - €8.535 billion
    • Wages grew in The United Kingdom, Australia, Miraco, and Montenbourg
    • Wages stagnated in Inquista, the Duxburian Union, and Angleter.
    • No wages fell in the European Union for the first time.

    European Central Bank Summary:

    The economic growth of the European Union is felt across all of its constituent nations, with wages growing and economies powering up. The United Kingdom, leading the old guard of wealthier nations, has done quite a bit of reaching out to the smaller economies, particularly Omnibus in the last month. The impending trade deal should help both countries and in particular Omnibus grow. Inquista, Angleter, and the Duxburian Union have entered a 14 month period of relative wage stagnation, particularly in the Duxburian Union, which has allowed Inquista to overtake and maintain its lead in economic strength. 

    The full report can be read here.

    Dr. Michael Reed

    President of the European Central Bank


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