Macroeconomic Scoreboard

This table shows the indicators of the macroeconomic scoreboard. Furthermore, some additional indicators are shown. To identify in a timely manner existing and potential imbalances and possible macroeconomic risks within the countries of the European Union in an early stage, the European Commission has drawn up a scoreboard with fourteen indicators. This scoreboard is part of the Macroeconomic Imbalance Procedure (MIP). This table contains quarterly and annual figures for both these 14 indicators and nine additional indicators for the Netherlands. The 14 indicators in the macroeconomic scoreboard are: Current account balance as % of GDP, 3 year moving average — Net international investment position, % of GDP Real effective exchange rate, % change on three years previously Share of world exports, % change on five years previously — Nominal unit labour costs, % change on three years previously — Deflated house prices, % change on one year previously — Private sector credit flow as % of GDP — Private sector debt as % of GDP Government debt as % of GDP Unemployment rate, three year moving average Total financial sector liabilities, % change on one year previously Activity rate, % of total population aged 15-64, change in percentage points on three years previously — Long-term unemployment rate, % of active population aged 15-74, change in percentage points on three years previously Youth unemployment rate, % of active population aged 15-24, change in percentage points on three years previously The additional indicators are: — Real effective exchange rate, index — Share of world exports, % — Nominal unit labour costs, index Households credit flow as % of GDP — Non-financial corporations credit flow as % of GDP — Household debt as % of GDP — Non-financial corporations debt as % of GDP Activity rate, % of total population aged 15-64 Youth unemployment rate, % of active population aged 15-24 Data available from: first quarter of 2006. Status of the figures: Annual and quarterly data are provisional. Changes as of 14 October 2022: For all indicators figures on the second quarter of 2022 have been added, except for the youth unemployment and the activity rate. The figures for the long-term unemployment and the real effective exchange rate have been added for the first quarter of 2022. Furthermore, due to revision projects some historical figures have been adjusted. Changes as of 23 September 2022: The method for calculating the profits received from and paid to the rest of the world for non-financial corporations has been improved for the period from 1995 onwards. This led to new data for the current account balance. When will new figures be published? New data are published within 120 days after the end of each quarter. The first quarter may be revised in October, the second quarter in January. Quarterly data for the previous three quarters are adjusted along when the fourth quarter figures are published in April. This corresponds with the first estimate of the annual data for the previous year. The annual and quarterly data for the last three years are revised together with the publication of the first quarter in July.