Indicator database

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    Real effective exchange rate - 37 trading partners

    “The REER (or Relative price and cost indicators) aim to assess a country's (or currency area's) price or cost competitiveness relative to its principal competitors in international markets. Changes in cost and price competitiveness depend not only on exchange rate movements but also on cost and price trends.

    Turnover from innovation

    This indicator is defined as the ratio of turnover from products new to the enterprise and new to the market as a % of total turnover. It is based on the Community innovation survey and covers at least all enterprises with 10 or more employees.

    Retrieved from, http://ec.europa.eu/eurostat/web/products-datasets/-/tsdec340, January 15, 2015

    Investment by institutional sectors

    The percentage of GDP that is used for gross investment in the economy. It includes investment in the acquisition, improvement of, or additions to fixed assets held by government, business and household sectors.

    Intangible fixed assets (net)

    Intangible fixed assets (net) are immaterial assets (e.g. computer software).
    The concept and the numbers are based on National Accounts and a component of total fixed assets (net).
    (for more information: Eurostat, http://ec.europa.eu/eurostat/cache/metadata/en/nama_esms.htm, 23-01-2015)

    Total fixed assets (net)

    Total fixed assets (net) is a concept of the annual national accounts. It is the sum of the following asset types:
    "Cultivated assets (AN.1114), Transport equipment (AN.11131), Other machinery and equipment (AN.11132), Dwellings (AN.1111), Other buildings and structures (AN.1112), Intangible fixed assets (AN.112).

    More detailed information can be found in annex 7.1 of ESA95." (Eurostat, http://ec.europa.eu/eurostat/cache/metadata/en/nama_esms.htm, 22-01-2015)

    Productivity of artificial land

    Productivity of artificial land is defined as the gross domestic product (GDP) of a country divided by its total artificial land. Artificial land consists of built-up areas (areas covered with buildings and greenhouses) and non built-up areas (streets and sealed surfaces). Artificial land productivity shows whether built-up and non built-up areas are efficiently used to generate added economic value.
    For the calculation of artificial land productivity Eurostat uses the GDP in millions of PPS (Purchasing Power Standard).