GDPEU: Real Gross Domestic Product for European Union (28 countries)

In hpfilter: The One- And Two-Sided Hodrick-Prescott Filter

Real Gross Domestic Product for European Union (28 countries)

Description

Units: Millions of Chained 2010 Euros, Seasonally Adjusted

Usage

data(GDPEU)

Format

A dataframe containing: **gdp** the seasonally-adjusted real Gross Domestic Product for 28 European Union countries **date** the date of each observation

Details

Frequency: Quarterly

Eurostat unit ID: CLV10_MNAC Eurostat item ID = B1GQ Eurostat country ID: EU28

Seasonally and calendar adjusted data.

For euro area member states, the national currency series are converted into euros using the irrevocably fixed exchange rate. This preserves the same growth rates than for the previous national currency series. Both series coincide for years after accession to the euro area but differ for earlier years due to market exchange rate movements.

European Union (28 countries): Belgium, Denmark, Germany, Ireland, Greece, Spain, France, Italy, Luxembourg, the Netherlands, Portugal, the United Kingdom, Austria, Finland, Sweden, Cyprus, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Malta, Poland, Slovenia, Slovakia, Bulgaria, Romania, and Croatia.

Copyright, European Union, http://ec.europa.eu, 1995-2016. Complete terms of use are available at http://ec.europa.eu/geninfo/legal_notices_en.htm#copyright

Source

Data retrieved from FRED, Federal Reserve Bank of St. Louis.

References

Eurostat, Real Gross Domestic Product for European Union (28 countries) [CLVMNACSCAB1GQEU28] (Eurostat)

Examples

# Load the dataset
data(GDPEU)

# Plot the y series
plot(GDPEU$date, GDPEU$y, type="l")

# Remove the date column if not needed and store in a df object
df <- GDPEU[,-1]

hpfilter documentation built on May 31, 2023, 6:43 p.m.