8/2016 - 14 January 2016
First release for the third quarter of 2015
Business investment rate down to 22.1% in the euro areaBusiness profit share nearly stable at 39.7% in the euro area
In the third quarter of 2015, the business investment rate was 22.1% in the euro area, compared with 22.4% in the previous quarter.
The business profit share in the euro area was 39.7% in the third quarter of 2015, compared with 39.8% in the second quarter of 2015.
These data come from a first release of seasonally adjusted quarterly European sector accounts from Eurostat, the statistical office of the European Union, and the European Central Bank (ECB).
(seasonally adjusted)
Investment rate
Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 |
2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
26%
25%
24%
23%
22%
21%
20%
Profit share
Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 |
2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
43%
42%
41%
40%
39%
38%
37%
Geographical information
The euro area (EA19) consists of 19 Member States: Belgium, Germany, Estonia, Ireland, Greece, Spain, France, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Austria, Portugal, Slovenia, Slovakia and Finland, plus the European Central Bank and European Stability Mechanism.
Methods and definitions
The gross investment rate of non-financial corporations is defined as gross fixed capital formation divided by gross value added. This ratio relates the investment of non-financial businesses in fixed assets (buildings, machinery etc.) to the value added created during the production process.
The profit share of non-financial corporations is defined as gross operating surplus divided by gross value added. This profitability-type indicator shows the share of the value added created during the production process remunerating capital. It is the complement of the share of wage costs (plus taxes less subsidies on production) in value added.
The compilation of the European sector accounts follows the European System of Accounts 2010 (ESA2010) and covers the period from the first quarter of 1999 onwards.
Institutional sectors bring together economic units with broadly similar characteristics and behaviour, namely: households (including non-profit institutions serving households), non-financial corporations, financial corporations, government and the rest of the world. In the latter, to measure the external transactions of the euro area / European Union, it is necessary to remove cross-border flows within the area concerned.
Eurostat's website includes detailed annual and quarterly sector accounts of Member States of the European Economic Area and derived key indicators published 120 days after each quarter (which also cover annual indicators such as debt-to-income ratios). A subset of quarterly key indicators is published 102 days after each quarter.
Revisions and timetable
Compared with data released on 28 October 2015, the investment rate of non-financial corporations for the second quarter of 2015 has been revised from 22.3% to 22.4%. The profit share of non-financial corporations for the second quarter of 2015 has been revised from 40.0% to 39.8%.
The complete set of sectoral data will be updated in the dedicated section of the Eurostat website on 28 January 2016.
For more information
Eurostat's quarterly data on sector accounts (including complete euro area dataset - previous vintage) Eurostat's annual data on sector accounts (including complete euro area dataset - previous vintage) Eurostat's metadata on European sector accounts compilation
Detailed data and methodology on the Eurostat's website here and on the ECB's website here Eurostat's €-indicators release calendar
Issued by: Eurostat Press Office Tim ALLEN
Tel: +352-4301-33444eurostat-pressoffice@ec.europa.eu
ec.europa.eu/eurostat/
For further information:
Peter GAL Enrico INFANTEestat-sector-query@ec.europa.eu
@EU_Eurostat
Media requests: Eurostat media support / Tel: +352-4301-33 408 / eurostat-mediasupport@ec.europa.eu Key indicators and growth rates of selected transactions of the euro area (EA19)Investment rate, % | Profit share, % | Nominal growth, % change compared with the previous quarter (seasonally adjusted) | ||||||
Not seasonally adjusted | Seasonally adjusted | Not seasonally adjusted | Seasonally adjusted | Gross value added | Gross fixed capital formation | Compensation of employees and other taxes less subsidies on production | ||
2004 | Q1 | 22.2 | 22.3 | 42.9 | 40.9 | 1.4 | 0.9 | 0.8 |
Q2 | 23.0 | 22.5 | 40.6 | 40.9 | 0.8 | 1.9 | 0.8 | |
Q3 | 21.6 | 22.3 | 42.5 | 40.8 | 0.4 | -0.7 | 0.7 | |
Q4 | 22.6 | 22.2 | 38.6 | 40.9 | 1.1 | 0.8 | 0.9 | |
2005 | Q1 | 22.4 | 22.5 | 42.6 | 40.8 | 0.7 | 2.0 | 0.7 |
Q2 | 23.3 | 22.8 | 40.9 | 41.0 | 1.5 | 2.7 | 1.2 | |
Q3 | 22.2 | 22.9 | 42.7 | 41.2 | 1.1 | 1.7 | 0.8 | |
Q4 | 23.5 | 23.2 | 39.1 | 41.6 | 1.3 | 2.3 | 0.7 | |
2006 | Q1 | 23.5 | 23.5 | 43.6 | 41.4 | 0.9 | 2.4 | 1.2 |
Q2 | 23.7 | 23.3 | 40.8 | 41.9 | 1.8 | 1.1 | 1.1 | |
Q3 | 22.8 | 23.6 | 43.1 | 42.0 | 1.5 | 2.6 | 1.3 | |
Q4 | 24.3 | 24.0 | 39.8 | 42.3 | 1.9 | 3.8 | 1.3 | |
2007 | Q1 | 24.0 | 24.1 | 44.3 | 42.5 | 2.1 | 2.6 | 1.9 |
Q2 | 24.5 | 24.1 | 41.5 | 42.6 | 1.4 | 1.3 | 1.2 | |
Q3 | 23.1 | 23.9 | 43.8 | 42.8 | 1.4 | 0.5 | 1.0 | |
Q4 | 24.8 | 24.4 | 40.4 | 42.7 | 0.8 | 3.1 | 1.1 | |
2008 | Q1 | 23.9 | 24.1 | 43.3 | 41.7 | 1.2 | -0.1 | 2.9 |
Q2 | 24.5 | 23.9 | 41.4 | 42.0 | 0.5 | -0.2 | 0.0 | |
Q3 | 23.3 | 24.0 | 42.9 | 41.7 | 0.0 | 0.3 | 0.6 | |
Q4 | 23.5 | 23.1 | 38.4 | 40.4 | -2.6 | -6.4 | -0.5 | |
2009 | Q1 | 21.8 | 21.9 | 41.3 | 39.2 | -3.3 | -8.0 | -1.4 |
Q2 | 21.4 | 21.0 | 37.9 | 39.3 | -0.4 | -4.9 | -0.6 | |
Q3 | 20.5 | 21.1 | 41.4 | 39.9 | 0.7 | 1.6 | -0.3 | |
Q4 | 21.2 | 20.9 | 38.2 | 39.7 | 0.4 | -1.0 | 0.7 | |
2010 | Q1 | 20.7 | 20.9 | 42.0 | 40.0 | 0.7 | 0.7 | 0.2 |
Q2 | 22.0 | 21.5 | 39.0 | 40.4 | 1.2 | 4.2 | 0.6 | |
Q3 | 20.8 | 21.4 | 41.9 | 40.5 | 0.9 | 0.6 | 0.7 | |
Q4 | 21.6 | 21.2 | 39.4 | 40.6 | 1.1 | 0.1 | 0.8 | |
2011 | Q1 | 21.7 | 21.9 | 42.9 | 40.6 | 1.2 | 4.4 | 1.2 |
Q2 | 22.4 | 21.9 | 38.9 | 40.4 | 0.6 | 0.7 | 0.9 | |
Q3 | 21.5 | 22.1 | 41.8 | 40.5 | 0.6 | 1.7 | 0.4 | |
Q4 | 22.4 | 22.0 | 38.6 | 40.3 | 0.2 | -0.4 | 0.6 | |
2012 | Q1 | 21.7 | 21.9 | 42.2 | 39.7 | -0.3 | -0.7 | 0.6 |
Q2 | 22.5 | 22.0 | 37.6 | 39.5 | 0.0 | 0.2 | 0.3 | |
Q3 | 21.2 | 21.9 | 40.8 | 39.7 | 0.3 | 0.0 | 0.0 | |
Q4 | 22.3 | 21.9 | 37.5 | 39.4 | -0.1 | -0.1 | 0.3 | |
2013 | Q1 | 20.7 | 21.0 | 41.9 | 39.6 | 0.1 | -4.1 | -0.2 |
Q2 | 22.0 | 21.5 | 37.9 | 39.8 | 0.9 | 3.1 | 0.5 | |
Q3 | 20.9 | 21.6 | 41.2 | 39.8 | 0.4 | 0.9 | 0.5 | |
Q4 | 22.1 | 21.7 | 37.8 | 39.9 | 0.6 | 1.2 | 0.4 | |
2014 | Q1 | 21.4 | 21.7 | 42.1 | 39.7 | 0.3 | 0.5 | 0.6 |
Q2 | 22.2 | 21.7 | 37.5 | 39.5 | 0.2 | 0.0 | 0.5 | |
Q3 | 21.4 | 22.1 | 41.0 | 39.6 | 0.7 | 2.7 | 0.6 | |
Q4 | 22.4 | 21.9 | 37.7 | 39.5 | 0.4 | -0.5 | 0.5 | |
2015 | Q1 | 21.7 | 22.0 | 42.4 | 39.8 | 1.2 | 1.8 | 0.7 |
Q2 | 22.9 | 22.4 | 37.8 | 39.8 | 0.6 | 2.1 | 0.7 | |
Q3 | 21.5 | 22.1 | 41.4 | 39.7 | 0.6 | -0.5 | 0.7 |
The source dataset is available here.
EUROSTAT - European Union Statistical Office issued this content on 2016-01-14 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-14 10:13:04 UTC
Original Document: http://ec.europa.eu/eurostat/documents/2995521/7130718/2-14012016-BP-EN.pdf/3d96f22d-48a1-4d5d-bf9e-fd4a9ed84681