Europe - Profile Total Population Unemployment GDP GDP per capita 2004, (Mil.) Rate 2004, (%) 2002, (Bil. ) EU15=100, 2002 EU25 454.9 9.0 9,613 91 EU15 380.8 8.0 9,169 100 10 ACC. 74.1 14.3 444 47 U.S. 291.4 5.7 11,084 137
Europe - Profile Annual Inflation Trade with EU25 Annual Average Rate Employment as % of Total Trade of Change 2003/2002 Rate, 2002, (%) 2002 EU25 2.0 62.9 66.0 EU15 2.0 64.3 66.0 10 ACC 1.9 55.8 74.0 U.S. 2.3 62.7 21.0
Europe 2004
Europe 1914
Europe National Boundary Realignments after the first World War
Financial Framework for Enlargement 2004-2006 Indicative Allocation of Commitment Appropriations in % of total Commission Budget for 2004 Total 10 Acc. Countries EU-15 EU-25 1. Agriculture 3.3 38.3 41.6 2. Structural Actions 7.5 26.8 34.3 3. Internal Policies 1.5 5.9 7.4 4. External Actions N/A 4.2 4.2 5. Administration 0.6 4.5 5.1 6. Reserves N/A 0.4 0.4 7. Pre-Accession Aid N/A 2.8 2.8 8. Compensation 1.2 N/A 1.2 Total Appropriations for Commitments (Heading 1-3) 14.1 82.9 97
Europe Population January 1, 2004 Total Population (Mil.) EU25 454.9 EU15 380.8 Czech Republic 10.2 Estonia 1.3 Cyprus 0.7 Latvia 2.3 Lithuania 3.4 Hungary 10.1 Malta 0.4 Poland 38.2 Slovenia 2.0 Slovakia 5.4 US 291.4
Europe Population January 1, 2004 Structure of the Population by Age in 2002 % aged < 15 % aged 15-64 % aged > 65 EU25 16.8* 67.2* 16.0* EU15 16.6* 66.8 16.6 Czech Rep. 15.9 70.3 13.8 Estonia 17.7** 67.0** 15.2** Cyprus 21.5 66.8 11.7 Latvia 16.6 67.8 15.5 Lithuania 19.0 66.8 14.2 Hungary 16.3 68.4 15.3 Malta 19.2 68.2 12.6 Poland 18.2 69.3 12.5 Slovenia 15.4 70.1 14.5 Slovakia 18.6 69.9 11.5 US 21.4 66.2 12.4 * Estimated, **2001
Migration Change Key Points, 2000 Although net migration declined from 731,000 in 1999 to 680,000 in 2000, net migration accounted for 65 percent of the total population growth in the EU in 2000 For most EU counties, non-eu nationals comprise the largest group in the immigration flows. -European Commission 2003
The Maastricht Convergence Criteria 1.Inflation - no more than 1.5% above the average inflation rate of the lowest 3 inflation countries in the EU 2.Interest rates - the long-term rate should be no more than 2% above the average of the three countries with the lowest inflation rates 3.Budget deficit - no more than 3% of GDP 4.National debt - no more than 60% of GDP 5.Exchange rates - currency within the normal bands of the ERM with no re-alignments for at least 2 years
Euro-Zone - Real GDP Growth 1995 Prices Percent Change, Year Ago 4.0 3.5 3.0 2.5 2.0 1.5 1.0 0.5 1999 2000 2001 2002
GDP: EU25 compared to EU15 GDP, Bil. GDP per capita* EU15=100 Annual Growth Rate** 2002 2002 Q3-03/Q3-02 EU25 9613 91 0.5 EU15 9169 100 0.4 Czech Rep. 78 62 3.4 Estonia 7 40 4.6 Cyprus 11 77 2.2 Latvia 9 35 7.3 Lithuania 15 39 8.8 Hungary 69 53 2.9 Malta 4 69 1.9 Poland 202 41 3.9 Slovenia 23 69 2.3 Slovakia 26 47 4.2 US 11 084 137 3.6 *Data is expressed in terms of Purchasing Power Standards (PPS) **Non seasonnally adjusted Data, except for the U.S.
GDP: EU25 compared to EU15 Sectoral Breakdown of Gross Value Added in 2002* (%) Agriculture Industry Services EU25 2.1 27.2 70.7 EU15 2.0 27.0 71.0 Czech Rep. 3.2 37.3 59.5 Estonia 5.4 29.3 65.3 Cyprus 4.1 20.3 75.6 Latvia 4.7 24.7 70.6 Lithuania 7.1 30.5 62.4 Hungary 3.7 30.7 65.6 Malta 2.8 28.1 69.1 Poland 3.1 30.0 66.9 Slovenia 3.0 35.2 61.8 Slovakia 4.4 31.1 64.5 US 1.4 20.1 78.6 *US: 2001 data
Regional GDP per capita in the EU 2001 One fifth of EU regions and 9 out of 10 Acceding Country regions below 75% of EU15 average. Acceding Countries: 37 out of 41 regions with GDP per capita below 75% of the EU15 average. -EUROSTAT 2004
Regional GDP per capita in the EU 2001 The four leading regions in the ranking of regional GDP per capita in 2001 were Inner London in the United Kingdom (263% of the average), Bruxelles- Capitale in Belgium (217%), the Grand Duchy of Luxembourg (194%) and Hamburg in Germany (171%). -EUROSTAT 2004
Regional GDP per capita in the EU 2001 GDP per capita in the 41 level-2 regions of the 10 Acceding Countries varied between 29% of the EU15 average in the Lubelskie region of Poland and 135% in the Praha region of the Czech Republic. -EUROSTAT 2004
Relative Growth Rates Real GDP Growth 1980 1985 1990 1995 2000 2003 China 7.9 13.5 3.8 10.5 8.0 7.5 Japan 9.6 4.6 5.2 1.8 2.8 2.0 United States -0.2 3.8 1.8 2.7 3.8 2.6 European Union 1.4 2.5 3.1 2.5 3.6 0.8 Latin America 6.3 3.1 0.6 1.8 4.0 1.1
Relative Growth Rate Comparisons Percent Change in GDP, Year Ago 25 20 Japan 15 Germany 10 5 United States 0-5 60 65 70 75 80 85 90 95 00
Percent 1 0-1 -2-3 -4-5 Euro-Zone Budget Balance Government Surplus/Deficit as Percent of GDP -6 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003
Euro-Zone: GDP, Deficit/Surplus & Debt Government Deficit at 2.7% of GDP in 2003 2002 2003 Euro-Zone, (, Mil.) GDP Market Prices (mp) 7,078,869.0 7,261,658.0 Government Deficit (-)/ Surplus (+) -160,575-192,930 (% of GDP) (-2.3) (-2.7) Government Debt 5 5 (% of GDP) 69.2 70.4 Primary Balance, (% of GDP) (+0.8) (+0.8)
EU15: GDP, Deficit/Surplus & Debt Government Deficit at 2.6% of GDP in 2003 2002 2003 EU15, (, Mil.) GDP Market Prices (mp) 9,176,719.0 9,306,794.0 Government Deficit (-)/ Surplus (+) -183,474-238,744 (% of GDP) (-2.0) (-2.6) Government Debt 5,737,861.0 5,958,950.0 (% of GDP) 62.5 64.0 Primary Balance, (% of GDP) (+1.3) +0.6
EU25: GDP, Deficit/Surplus & Debt Government Deficit at 2.7% of GDP in 2003 2002 2003 EU25, (, Mil.) GDP Market Prices (mp) 9,620,892.0 9,746,240.0 Government Deficit (-)/ Surplus (+) -205,211-263,822 (% of GDP) (-2.1) (-2.7) Government Debt 5,913,062.0 6,144,414.0 (% of GDP) 61.5 63.0 Primary Balance, (% of GDP) (+1.2) (+0.4)
The 10 Acceding Countries Government Deficit/Surplus as a % of GDP in 2003 Government Deficit (-)/ Surplus (+) as a % of GDP Czech Rep. -12.9 Estonia +2.6 Cyprus -6.3 Latvia -1.8 Lithuania -1.7 Hungary -5.9 Malta -9.7 Poland -4.1 Slovenia -1.8 Slovakia -3.6
EU15 Government Deficit/Surplus as a % of GDP in 2003 Government Deficit (-)/ Surplus (+) as a % of GDP Euro-Zone Belgium +0.2 Germany -3.9 Spain +0.3 France -4.1 Ireland +0.2 Italy -2.4 Luxembourg -0.1 Netherlands -3.0 Austria -1.1 Portugal -2.8 Finland +2.3 Greece -1.7 Denmark +1.5 Sweden +0.7 United Kingdom -3.2
Europe Unemployment Rate 12- Month Moving Average, Standardized, SAAR Percent 10.0 9.5 9.0 8.5 8.0 1998 1999 2000 2001 2002 2003
Unemployment Rate Acceding Countries, January 2004, (%) Total Female Under 25 EU25 9.0 9.9 17.8 EU15 8.0 8.9 15.4 Czech Rep. 8.0 10.3 18.3 Estonia 9.5 9.5 21 Cyprus 4.7 5.3 10.4 Latvia 10.5 10.7 17 Lithuania 11.7 12.7 25 Hungary 5.9 5.7 12.8 Malta 8.8 12.4 20.7 Poland 19.1 19.9 40.7 Slovenia 6.4 7 15.8 Slovakia 16.6 16.9 30.5 US 5.7 5.6 12
Employment Rate Acceding Countries, 2002, (%) Total Female Male EU25 62.9 54.7 71.0 EU15 64.3 55.6 72.8 Czech Rep. 65.4 57.0 73.9 Estonia 62.0 57.9 66.5 Cyprus 68.6 59.1 78.9 Latvia 60.4 56.8 64.3 Lithuania 59.9 57.2 62.7 Hungary 56.6 50.0 63.5 Malta 54.5 33.6 75.3 Poland 51.5 46.2 56.9 Slovenia 63.4 58.6 68.2 Slovakia 56.8 51.4 62.4 US 62.7 56.3 69.7
Relative Unemployment Rates 1985 1990 1995 2000 2003 China 1.8 2.5 2.9 3.1 N/A Japan 2.6 2.1 3.2 4.7 5.3 United States 7.2 5.6 5.6 4.0 6.0 European Union N/A 8.9 10.1 7.8 8.0 Latin America N/A 5.2 7.2 7.1 7.0
Hourly Labor Costs & Labor Prod. Lower in EU25 than EU15 Labor Productivity Hourly Labor per person employed, Costs,, 2000 (, Ths.), 2002 EU25 19.09 51.9 EU15 22.21 57.6 Czech Rep. 3.9 16.9 Estonia 3.03 12 Cyprus 10.74 N/A Latvia 2.42 12 Lithuania 2.71 10.7 Hungary 3.83 17 Malta N/A N/A Poland 4.48 16.9 Slovenia 8.98 25.4 Slovakia 3.06 13.3
Euro-Zone Foreign Labor Force, 2000 Foreign Labor Force (%) Belgium 8.8 Germany 8.8 Spain 1.0 France 6.0 Ireland 3.7 Italy 3.6 Luxembourg 57.3 Netherlands 3.4 Austria 10.5 Portugal 2.0 Finland 1.6
The EU-US Economic Partnership Largest Bilateral Economic Relationship in the World
EU & Main Trends in World Trade Trade Sep-03 Exports Imports Balance Value (, Bil.) World (w/o Intra EU-15)* 394.1 424.9 N/A European Union 84.6 84.4 0.2 United States 52.1 97.8-45.7 Japan 31.0 27.5 3.5 Intra EU-15 141.1 130.9 N/A World* 535.3 555.9 N/A * EUROSTAT estimate
Main EU Trading Partners Imports Partners 2002 (%) Extra EU-15 100 United States 17.7 China 8.3 Japan 6.9 Switzerland 5.9 Russia 4.8 Norway 4.7 Poland 2.8 Czech Republic 2.8 Hungary 2.6
Main EU Trading Partners Exports Partners 2002 (%) Extra EU-15 100 United States 24.3 Switzerland 7.1 Japan 4.3 Poland 3.7 China 3.4 Russia 3.0 Czech Republic 2.9 Norway 2.7 Hungary 2.5
EU15 Imports from its Major Partners Percent Change from year ago, January 2004 U.S. Norway Switzerland Japan Poland China EU15-16 -10-7 -6 9 8
EU15 Exports to its Major Partners Percent Change from year ago, January 2004 U.S. Norway Switzerland Turkey Russia China EU15-18 -13-12 14 10 7
Euro-Zone External Trade surplus 5.4 bn 1.8 bn deficit for EU15, Feb. 2004 The first estimate for euro-zone trade with the rest of the world in February 2004 was a 5.4 billion euro surplus, compared with +5.1 bn in February 2003. The January 2004 balance was +1.8 bn, against -1.5 bn in January 2003. -EUROSTAT 2004
European Union Enlargement: Implications for the United States and for California The EU accounts for 20% of California exports and is the largest regional purchaser of state exports. 50% of foreign investment in California comes from the EU; new member states will contribute to that total over time. - European Union Center of California
European Union Enlargement: Implications for the United States and for California EU foreign investment supports 350,000 jobs in California (of the US total of 4.4 million California exports to new member states increased more than 9% per annum between 1999 and 2002. - European Union Center of California
EU Trade Defense Definitive Anti-Dumping Measures Imports Definitive Ratio (, Bil.) Measures* S. Africa 32 97 3.08 Argentina 28 52 1.89 Brazil 75 56 0.74 Australia 79 46 0.58 Turkey 48 27 0.56 Canada 280 90 0.32 Mexico 175 55 0.32 India 54 191 3.54 USA 1,301 266 0.20 EU 1,036 174 0.17 World 5,525 1,220 0.22 Definitive Anti-Dumping Measures by main Users of Anti-Dumping in Force as of Dec. 31, 2002 compared to the Value of Imports in 2001
2004 Capital Access Index 5.8 5.6 5.4 5.2 5 4.8 4.6 Hong Kong Netherlands U.K. Singapore Switzerland U.S. Australia Finland Germany Denmark New Zealand Ireland Canada Sweden Taiwan Spain France Iceland Japan Austria Belgium Portugal Israel South Korea Norway
Euro-Zone - Foreign Direct Investment Foreign Investment Flows US $ Billions 250 200 150 100 50 0-50 1998 1999 2000 2001 2002 2003
The Tumbling Dollar Dollars per Euro Dollars per Euro 1.20 1.10 1.00 0.90 0.80 0.70 1999 2000 2001 2002 2003
Purchasing Power of the Euro Abroad February 2004 Country / City 1 =... Dominican Republic / Santo Domingo 1.45 Poland / Warsaw 1.41 Czech Republic / Prague South Africa / Cape Town 1.36 1.30 Tunisia / Tunis 1.21
Purchasing Power of the Euro Abroad February 2004 1 Country / City =... Hungary / Budapest 1.18 Luxembourg / Luxembourg 1.01 Greece / Athens 1.00 Belgium / Brussels 0.99 Canada / Ottawa 0.99 United States of America / Washington D. C. 0.98
Purchasing Power of the Euro Abroad February 2004 Country / City 1 =... Netherlands / The Hague 0.96 Australia / Sydney 0.95 Austria / Vienna 0.95 Italy / Rome 0.91 France / Paris 0.87 Switzerland / Bern, Geneva, Zurich 0.84
Purchasing Power of the Euro Abroad February 2004 Country / City 1 =... Sweden / Stockholm 0.84 Denmark / Copenhagen 0.79 United Kingdom / London 0.78 Norway / Oslo 0.77 Japan / Tokyo 0.63
Risk Spread, 9-11 and Iraq Basis Points 1200 1000 Congress authorized use of force in Iraq. 800 600 400 200 Sep.11, 2001 2001 Bush s Speech at the UN about Iraq 2002 Saddam statue toppled. 2003
1.30 Decline of the Dollar 9-11 and Iraq Dollar Per Euro 1.20 1.10 1.00 Sep.11, 2001 Bush s Speech at the UN about Iraq Congress authorized use of force in Iraq. 0.90 0.80 2001 2002 Saddam statue toppled. 2003
Decline of the Dollar 9-11 and Iraq Yen Per Dollar 135 130 125 Congress authorized use of force in Iraq. 120 115 110 Sep.11, 2001 105 100 2001 Bush s Speech at the UN about Iraq 2002 Saddam statue toppled. 2003
Euro-Zone Current Account Balance As Percent of GDP Percent 1.5 1.0 0.5 0.0-0.5-1.0 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003
The Future of Europe - Debate Purpose: Europol Strengthening of action by the Member States in preventing and combating serious crime affecting two or more Member States, terrorism and forms of crime which affect a common interest covered by an EU policy. -European Commission: Secretariat General
The Future of Europe - Debate European Constitution One Treaty A Legal Personality for the European Union Generalization of the Legislative Procedure A Reduced Number of Legislative Instruments Clarification of Competences. -European Commission: Secretariat General
The Future of Europe - Debate European Constitution Before the European Constitution: More than 15 Legislative Instruments With the European Constitution: 6 Legislative Instruments -European Commission: Secretariat General
Before the European Constitution More than 15 Legislative Instruments Regulation Convention (EC Treaty) Convention (EC Treaty) Directive Framework Decision Decision Decision (Title V, EU Treaty) Decision (Title VI, EU Treaty) Principles and general approaches Joint strategy Action Common position (Title V, EU Treaty) Common position (Title VI, EU Treaty) Recommendation Opinion -European Commission: Secretariat General
European Constitution 6 Legislative Instruments Law Framework law Legislative Acts Regulation Decision Non Legislative Acts BINDING Recommendation Opinion -European Commission: Secretariat General
The Future of Europe Decision Making Laws/Framework Laws Multiannual Cooperation Programs European Parliament/Council Conclusion of Agreements with Third Countries and Intern. Organizations Coordination of Cooperation Policies between the EU and the Member States Conclusion of the Agreement by the Council on a proposal from the Commission Coordination on the aid programs Possibility of joint actions -European Commission: Secretariat General
The Future of Europe - Debate Exclusive Competences of the Union Competition Customs Union Common Commercial Policy Monetary Policy for Euro Member States Conservation of Marine Biological Resources (in the context of the common Fisheries Policy) -European Commission: Secretariat General
The Future of Europe - Debate Clarification of the Union s Powers Exclusive competences Shared competences Supporting, coordinating and complementary actions Coordination of economic and employment policies Common foreign and security policy -European Commission: Secretariat General
The Future of Europe - Debate Shared Competences of the Union Internal market Area of freedom, security and justice Agriculture, fisheries Transport and trans-european networks Energy Social policy Economic, social and territorial cohesion Environment -European Commission: Secretariat General
The Future of Europe - Debate Shared Competences of the Union Consumer protection Public health (common safety concerns) Research, technological development and space Development cooperation and Humanitarian aid -European Commission: Secretariat General
NATO Enlargement 29 March 2004: 7 New Members join NATO On 29 March 2004, Bulgaria, Estonia, Latvia, Lithuania, Romania, Slovakia and Slovenia formally became members of NATO by depositing their instruments of accession with the United States Government. -NATO OTAN 2004
NATO Enlargement 29 March 2004: 7 New Members join NATO The fifth round of NATO enlargement may not be the last. At present, three countries - Albania, Croatia and the former Yugoslav Republic of Macedonia - are members of NATO s Membership Action Plan (MAP), designed to assist aspiring partner countries meet NATO standards and prepare for possible future membership. -NATO OTAN 2004
NATO Participation: In most recent U.S. Multilateral and U.N. Operations Country U.N. Non-U.N. Total U.S. 14 26 40 Belgium 8 9 17 Canada 11 8 19 Czech Republic 1 0 1 Denmark 9 5 14 France 10 18 28 Germany 7 15 22 Greece 5 11 16 Hungary 2 1 3 Iceland 1 0 1 U.N.= U.N. operations in which the U.S. participated with other NATO allies Non-U.N.= U.S. non-u.n. coalitions that included NATO allies
NATO Participation: In most recent U.S. Multilateral and U.N. Operations Country U.N. Non-U.N. Total Italy 7 14 21 Luxembourg 0 1 1 Netherlands 8 13 21 Norway 10 8 18 Poland 3 0 3 Portugal 6 8 14 Spain 4 11 15 Turkey 7 16 23 United Kingdom 7 22 29 U.N.= U.N. operations in which the U.S. participated with other NATO allies Non-U.N.= U.S. non-u.n. coalitions that included NATO allies
Aircraft provided in Balkan Operations Operation Name DENY ALLIED Country Flight, (%) FORCE, (%) U.S. 41.8 69.1 Belgium N/A 1.3 Canada N/A 1.7 Denmark N/A 0.8 France 13.8 7.9 Germany 5.9 3.1 Greece N/A N/A Iceland N/A N/A Italy 8.4 5.5 Luxembourg N/A N/A Netherlands 6.3 2.1 Norway 0.8 0.6 Portugal N/A 0.3 Spain 4.6 0.7 Turkey 3.3 2.0 U.K. 11.7 3.7 NAEWF 3.3 0.9
GDP & Defense Spending NATO Allies, 2001 GDP Defense Spending NATO Allies Total ($,Bil.) Per capita ($) Total ($,Bil.) % of GDP Belgium 231.0 22,461 3.1 1.3 Canada 708.4 22,812 7.9 1.1 Czech Republic 55.4 5,403 1.2 2.2 Denmark 165.8 30,943 2.5 1.5 France 1309.2 22,157 33.6 2.6 Germany 1857.3 22,516 27.5 1.5 Greece 117.7 10,928 5.6 4.8 Hungary 51.0 5,101 0.9 1.8 Italy 1096.9 18,931 21.3 1.9 Luxembourg 19.3 43,569 0.2 0.8 Netherlands 384.3 24,020 6.4 1.7 Norway 168.5 37,394 3.0 1.8 Poland 178.5 4,621 3.5 2.0 Portugal 109.5 10,928 2.3 2.1 Spain 584.2 14,778 7.0 1.2 Turkey 143.3 2,106 7.2 5.0 United Kingdom 1426.7 23,797 34.3 2.4 United States 10189.5 36,663 305.9 3.0
Military Expenditures Top 10 European Counties, Per Capita, 2003 $ France 772.67 Norway 684.75 Greece 573.78 United Kingdom 527.5 Sweden 495.03 Germany 470.88 Denmark 458.73 Netherlands 402.46 Italy 348.28 Switzerland 348.15
European Military European Aircraft - Fighter European Aircraft European Defence Fighter/Other Manufacturers Country Alpha-Jet Dassault-Dornier France/Germany Aviojet CASA C-101 Mir It Spain Eurocopter Tiger EADS Germany/France/Spain Eurofighter Typhoon EADS Germany/France/Spain L-159 Fighter AERO VODOCHODY Czech R. MILAN EUROMISSILE/EMDG France/Germany Mirage 2000 Dassault Aviation France Rafale Dassault Aviation France
Western Europe: Software Piracy Retail Software Piracy Rates Revenue Lost to Piracy, (Ths.) 2000, (%) 2000, ($) Austria 37 70,748 Belgium/Luxembourg 33 53,767 Denmark 26 40,076 Finland 29 39,135 France 40 480,604 Germany 28 635,264 Greece 66 61,542 Ireland 41 77,399 Italy 46 421,942 Netherlands 40 227,595 Norway 35 64,292 Portugal 42 23,609 Spain 51 168,514 Sweden 35 92,889 Switzerland 34 91,093 UK 26 530,787
Eastern Europe: Software Piracy Retail Software Piracy Rates Revenue Lost to Piracy, (Ths.) 2000, (%) 2000, ($) Bulgaria 78 10,019 Croatia 63 8,384 Czech Republic 43 44,674 Hungary 51 41,252 Poland 54 103,531 Romania 77 20,918 Russia 88 108,983 Slovakia 45 6,866 Slovenia 61 11,743 Ukraine/Other CIS 89 29,700 Other Eastern Europe 52 18,423
World: Software Piracy Retail Software Piracy Rates Revenue Lost to Piracy (Ths.) 2000, (%) 2000, ($) Western Europe 34 3,079,256 Eastern Europe 63 404,491 United States 24 2,632,438 Latin America 58 869,777 Asia/Pacific 51 4,083,061 Middle East 57 240,451 Africa 52 135,892
Europe: Est. Levels of Copyright Piracy European Counties on the Watch List, Piracy Level, 2002 Motion Records Business Software Entertainm. Pictures & Music Applications Software (%) (%) (%) (%) Watch List Estonia 30 60 53 N/A Hungary 30 30 45 N/A Italy 20 23 47 55 Latvia 85 67 58 N/A Lithuania 90 85 53 80 Romania 55 75 70 97 Spain 7 25 47 34
Austria: GDP, Deficit/Surplus & Debt Government Deficit at 1.1% of GDP in 2003 2002 2003 Austria, (, Mil.) GDP Market Prices (mp) 218,333 223,870 Government Deficit (-)/ Surplus (+) -492-2,553 (% of GDP) (-0.2) (-1.1) Government Debt 145,319 145,468 (% of GDP) 66.6 65.0 Primary Balance, (% of GDP) (+3.1) (+2.0)
Austria Real GDP Growth 1995 Prices Percent Change, Year Ago 6 5 4 3 2 1 0-1 1996 1997 1998 1999 2000 2001 2002 2003
Austria Foreign Direct Investment Foreign Investment Flows US $ Billions 7 6 5 4 3 2 1 0-1 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003
Percent Change, Year Ago 5 4 3 2 1 0 Austria Inflation Rate Consumer Price Index -1 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003
US $ Billions 0.5 Austria Trade Balance Merchandise Exports Minus Imports 0.0-0.5-1.0-1.5-2.0 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003
Czech R.: GDP, Deficit/Surplus & Debt Government Deficit at 12.9 % of GDP in 2003 2002 2003 Czech Republic, (Mil. CZK) GDP Market Prices (mp) 2,408,400 2,541,000 Government Deficit (-)/ Surplus (+) -154,600-328,500 (% of GDP) (-6.4) (-12.9) Government Debt 695,600 956,200 (% of GDP) 28.9 37.6 Primary Balance, (% of GDP) (-5.0) (-11.7)
Czech Republic Real GDP Growth 1995 Prices Percent Change, Year Ago 6 4 2 0-2 -4-6 1996 1997 1998 1999 2000 2001 2002 2003
Czech R. Foreign Direct Investment Foreign Investment Flows US $ Billions 6 5 4 3 2 1 0-1 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003
Czech Republic Inflation Rate Consumer Price Index Percent Change, Year Ago 14 12 10 8 6 4 2 0-2 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003
Czech Republic Trade Balance Merchandise Exports Minus Imports US $ Billions 0.4 0.2 0.0-0.2-0.4-0.6-0.8-1.0 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003
France: GDP, Deficit/Surplus & Debt Government Deficit at 4.1% of GDP in 2003 2002 2003 France, (, Mil.) GDP Market Prices (mp) 1,526,837 1,555,083 Government Deficit (-)/ Surplus (+) -49,500-63,157 (% of GDP) (-3.2) (-4.1) Government Debt 895,200 980,000 (% of GDP) 58.6 63.0 Primary Balance, (% of GDP) (-0.2) (-1.1)
France Real GDP Growth 1995 Prices Percent Change, Year Ago 7 6 5 4 3 2 1 0-1 1996 1997 1998 1999 2000 2001 2002 2003
France Foreign Direct Investment Foreign Investment Flows US $ Billions 30 25 20 15 10 5 0 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003
Percent Change, Year Ago 3.0 2.5 2.0 1.5 1.0 0.5 France Inflation Rate Consumer Price Index 0.0 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003
US $ Billions 8 6 4 2 0-2 France Trade Balance Merchandise Exports Minus Imports -4 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003
Germany: GDP, Deficit/Surplus & Debt Government Deficit at 3.9% of GDP in 2003 2002 2003 Germany, (, Mil.) GDP Market Prices (mp) 2,110,400 2,129,200 Government Deficit (-)/ Surplus (+) -74,300-82,100 (% of GDP) (-3.5) (-3.9) Government Debt 1,283,600 1,365,900 (% of GDP) 60.8 64.2 Primary Balance, (% of GDP) (-0.4) (-0.7)
Germany Real GDP Growth 1995 Prices Percent Change, Year Ago 5 4 3 2 1 0-1 1996 1997 1998 1999 2000 2001 2002 2003
Germany Foreign Direct Investment Foreign Investment Flows US $ Billions 30 25 20 15 10 5 0 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003
Germany Inflation Rate Consumer Price Index Percent Change, Year Ago 7 6 5 4 3 2 1 0-1 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003
US $ Billions 20 Germany Trade Balance Merchandise Exports Minus Imports 15 10 5 0-5 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003
Hungary: GDP, Deficit/Surplus & Debt Government Deficit at 5.9 % of GDP in 2003 2002 2003 Hungary, (Mil. HUF) GDP Market Prices (mp) 16,743,700 18,575,000 Government Deficit (-)/ Surplus (+) -1,549,300-1,101,542 (% of GDP) (-9.3) (-5.9) Government Debt 9,561,937 10,968,097 (% of GDP) 57.1 59.0 Primary Balance, (% of GDP) (-5.1) (-1.8)
Hungary Real GDP Growth 1995 Prices Percent Change, Year Ago 7 6 5 4 3 2 1 0 1996 1997 1998 1999 2000 2001 2002 2003
Hungary Foreign Direct Investment Foreign Investment Flows US $ Billions 4 3 2 1 0-1 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003
Hungary Inflation Rate Consumer Price Index Percent Change, Year Ago 35 30 25 20 15 10 5 0 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003
US $ Billions 0.4 0.2 0.0-0.2-0.4-0.6-0.8 Hungary Trade Balance Merchandise Exports Minus Imports -1.0 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003
Poland: GDP, Deficit/Surplus & Debt Government Deficit at 4.1 % of GDP in 2003 2002 2003 Poland, (Mil. PLN) GDP Market Prices (mp) 780,450.0 814,969.0 Government Deficit (-)/ Surplus (+) -28,307-33,360 (% of GDP) (-3.6) (-4.1) Government Debt 321,335.0 370,321.0 (% of GDP) 41.2 45.4 Primary Balance, (% of GDP) (-0.7) (-1.0)
Poland Real GDP Growth 1995 Prices Percent Change, Year Ago 8 6 4 2 0-2 1996 1997 1998 1999 2000 2001 2002 2003
Poland Foreign Direct Investment Foreign Investment Flows US $ Billions 10 8 6 4 2 0 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003
Consumer Price Index 60 50 40 30 20 10 0 Poland Inflation Rate Consumer Price Index -10 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003
US $ Billions 0.5 0.0-0.5-1.0-1.5-2.0-2.5-3.0 Poland Trade Balance Merchandise Exports Minus Imports -3.5 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003
Spain: GDP, Deficit/Surplus & Debt Government Surplus at 0.3% of GDP in 2003 2002 2003 Spain, (, Mil.) GDP Market Prices (mp) 696,208 743,046 Government Deficit (-)/ Surplus (+) -314 +2,574 (% of GDP) (0.0) (+0.3) Government Debt 379,918 377,527 (% of GDP) 54.6 50.8 Primary Balance, (% of GDP) (+2.8) (+2.9)
U.K.: GDP, Deficit/Surplus & Debt Government Deficit at 3.2% of GDP in 2003 2002 2003 United Kingdom, (, Mil.) GDP Market Prices (mp) 1,042,908 1,100,462 Government Deficit (-)/ Surplus (+) -16,277-34,945 (% of GDP) (-1.6) (-3.2) Government Debt 401,290 438,425 (% of GDP) 38.5 39.8 Primary Balance, (% of GDP) (+0.5) (-1.1)
Greece: GDP, Deficit/Surplus & Debt Government Deficit at 1.7% of GDP in 2003 2002 2003 Greece, (, Mil.) GDP Market Prices (mp) 141,334 153,460 Government Deficit (-)/ Surplus (+) -2,026-2,646 (% of GDP) (-1.4) (-1.7) Government Debt 148,023 157,092 (% of GDP) 104.7 102.4 Primary Balance, (% of GDP) (+4.7) (+3.9)
Estonia: GDP, Deficit/Surplus & Debt Government Surplus at 2.6 % of GDP in 2003 2002 2003 Estonia, (Mil. EEK) GDP Market Prices (mp) 108,024 116,200 Government Deficit (-)/ Surplus (+) +1,891 +3,039 (% of GDP) (+1.8) (+2.6) Government Debt 6,176 6,706 (% of GDP) 5.7 5.8 Primary Balance, (% of GDP) (+2.0) (+2.9)
Eastern Europe
Eastern Europe Foreign Direct Investment in Eastern Europe, 2003 Inflow Inflow per capita Mil. Czech Republic 4,000 393 Hungary -85-8 Poland 3,500 92 Slovak Republic 600 112 Slovenia 150 76 Estonia 800 591 Latvia 350 151 Lithuania 600 174 Albania 100 32 Bosnia and Herzegovina 200 53 Bulgaria 1,270 163 Croatia 1,300 293 Macedonia 50 24 Romania 1,300 61 Serbia and Montenegro 1,000 120 Russia 3,000 21 Eastern Europe 23,335 67
South East Europe Military Expenditures in selected counties Military expenditures Percent of GDP 2002, ($, Mil.) (%) Hungary 732.2 ('99) 1.4 ('99) Croatia 520 2.4 Serbia & Montenegro 654 N/A Romania 650 ('96) 2.5 ('96)
Hungary Country Profile Population Labor Force Unemployment Rate Debt - external 2004, (Mil.) 1997, (Mil.) 2002, (%) 2002 est., (Bil.) 10.2 4.2 5.8 31.5
Hungary GDP in 2002 GDP GDP GDP Real Growth Rate Per Capita est. 2002, ($ Bil.) est. 2002 (%) est. 2002, ($ Bil.) 134.7 3.2 13,000 GDP - composition by sector, 2000 est., (%) Agriculture Industry Services 4 34 62
Romania Country Profile Population Labor Force Unemployment Rate Debt - external 2002, (Mil.) 1999 est., (Mil.) 2002, (%) 2002, (Bil.) 21.7 9.9 8.3 13.7
Romania GDP in 2002 GDP GDP GDP Real Growth Rate Per Capita est. 2002, ($ Bil.) est. 2002 (%) est. 2002, ($ Bil.) 166 4.9 7,600 GDP - composition by sector, 2001, (%) Agriculture Industry Services 15 35 50
Serbia and Montenegro Country Profile Population Labor Force Unemployment Rate Debt - external 1998, (Mil.) 2001 est., (Mil.) 2002 est., (%) 2001, (Bil.) 11 3 28 9.2
Serbia and Montenegro GDP in 2002 GDP GDP GDP Real Growth RatePer Capita est. 2002, ($ Bil.) est. 2002 (%) est. 2002, ($ Bil.) 25.3 3.5 2,370 GDP - composition by sector, 2001 est., (%) Agriculture Industry Services 26 36 38
Croatia Country Profile Population Labor Force Unemployment Rate Debt - external 2003, (Mil.) 2002, (Mil.) 2002 est., (%) 2001, (Bil.) 4 1.75 21.7 16.5
Croatia GDP in 2002 GDP GDP GDP Real Growth Rate Per Capita est. 2002, ($ Bil.) est. 2002 (%) est. 2002, ($ Bil.) 38.9 5.2 8,800 GDP - composition by sector, 2002 est., (%) Agriculture Industry Services 9 33 58