This week marks the fifth anniversary of the Economic Research Council’s Chart of the Week.
At the end of last week, Eurostat released a report on regional GDP per capita across the EU.
Eurostat announced their updated statistics for European government finances this morning, and the headline figure showed that across the EU, the average deficit improved from 3.3% to 3%.
European unemployment figures were released by Eurostat this morning, and showed a continuation of the downward trend in the aggregate EU unemployment rate.
With the UK Budget due later today, this week’s chart compares total government spending, as a percentage of GDP, across all the EU countries.
Eurostat released the latest unemployment figures for the EU at the end of last week, and the headline rate remained at 9.8% for the whole of the first quarter of this year (down from 10.4% in March 2014).