NextGenerationEU: forecasted additional increase in yearly GDP 2021-2030

Forecasted increase in annual Gross Domestic Product growth in the European Union due to the NextGenerationEU economic stimulus from 2021 to 2030

CharacteristicFast spending scenarioSlow spending scenario
2030 0.7% 0.7%
2029 0.7% 0.8%
2028 0.8% 0.8%
2027 0.8% 1%
2026 0.8% 1.2%
2025 1.2% 1.2%
2024 1.5% 1.1%
2023 1.4% 1%
2022 1.4% 1%
2021 0.8% 0.6%
Created with Highcharts 7.2.2Increase in GDP per capitaFast spending scenarioSlow spending scenario2021202220232024202520262027202820292030
0.4%0.6%0.8%1%1.2%1.4%1.6%
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Release date

July 2021

Region

Europe, EU

Survey time period

2021 to 2030

Supplementary notes

The fast spending scenario is based on the assumption that the EU member states spend the funds allocated to them earlier in the six years of the NGEU plan, while the slow spending scenario is based on the assumption that the member states spend the funds equally across each of the years.

Both scenarios are based on the assumption that the European economy attains a high level of productivity over the period.

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