Eurostat - European Business 2023

The report serves as a comprehensive resource for understanding the European business economy. It provides key business statistics indicators for the European Union (EU), its Member States, and European Free Trade Association (EFTA) countries, utilizing data from Eurostat, the statistical office of the European Union. The publication begins with an overview of the entire business economy, offering a broad perspective on its structure and performance. It then delves into more detailed analyses of specific sectors within the business economy, including industry, construction, distributive trades, and other non-financial services. Additionally, a chapter is dedicated to the tourism sector. Each chapter starts by presenting an overview of the economic structure, highlighting key indicators such as value added and employment. It then provides information on annual developments from 2000 or 2005 until 2022, offering insights into long-term trends and recent changes. It is important to note that the COVID-19 pandemic and related restrictions have had a profound impact on almost every aspect of life in the EU and beyond since early 2020. The report acknowledges that data for 2022 may be influenced by a wider range of issues, including the aftereffects of the COVID-19 crisis on supply chains, higher levels of inflation, and impacts from the Russian military aggression against Ukraine and related sanctions. For the most up-to-date statistics on the economic and social impacts of recent events, Eurostat provides the Eurostat Recovery Dashboard and the Euro indicators dashboard, which can be accessed online. Overall, this report offers a comprehensive and detailed analysis of the European business economy, providing valuable insights into its structure, performance, and recent developments. Researchers, policymakers, and business professionals can find this publication to be an informative and useful resource for understanding the dynamics of the European business landscape.