Macroeconomic projections

Eurosystem/ECB staff macroeconomic projections for the euro area

The macroeconomic projections cover the outlook for the euro area, in particular with regard to GDP and inflation.

The projections are published four times a year:

  • in March and September, when they are produced by ECB staff members;
  • in June and December, when they are produced jointly by euro area national central banks and ECB staff members.

In June and December a country breakdown is also published, two weeks after the euro area projections.

As of December 2016, the projection horizon in every December publication will be extended by one year.

2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
2007
2006
2005
2004

Other projections by the national central banks of the ESCB

The national central banks (NCBs) of the ESCB prepare macroeconomic projections for their own country. These are not necessarily identical to those which underlie the Eurosystem and ECB staff macroeconomic projections for the euro area.

Austria
Oesterreichische Nationalbank
Belgium
National Bank of Belgium
Czech Republic
Česká národní banka
Estonia
Eesti Pank
Finland
Suomen Pankki
France
Banque de France
Germany
Deutsche Bundesbank
Latvia
Latvijas Banka
Lithuania
Lietuvos bankas
Malta
Central Bank of Malta
Netherland
De Nederlandsche Bank
Romania
Banca Naţională a României
Slovakia
Národná banka Slovenska
Slovenia
Banka Slovenije
Spain
Banco de España
Sweden
Sveriges Riksbank