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World/Forecast/European Union

Forecast

European Union — macro forecast

Forward projections from the prediction engine — baseline plus an optimistic/pessimistic band and a confidence interval, per macro indicator. These are PROJECTIONS, not observations: generated from observed history, never a guarantee. A country we hold no projections for is shown honestly.

How to read this:Observeda real measured value from a named source.Derivedcomputed by Predictonomy from observed series using a reproducible method.AI readan AI interpretation of already-computed figures. Opinion, not a new data point.

Forecast

Forward projections

Need it as JSON? GET /api/v1/forecast/country/{iso3}.

Forecast heldDerivedledger 94b4664
Real GDP growth — 2026 baseline projection
2.04

European Union: forward projections across 11 macro indicators, horizons 2026, 2028, 2030, 2035. These are projections, not observations — each carries an optimistic/pessimistic band and a confidence interval, anchored against the latest observed value where one is held.

Exports of goods and services

Weak track record · +1%

Nowcast

Where the data already points

Each indicator nowcast from its strongest leading series — inferable from observations already in hand.

Leading-indicator nowcastDerived

For each indicator, European Union's strongest leading series is fit by ordinary least squares over their shared observed history, then the leader's already-observed recent values project the target — so the next year or two is inferable from data already in hand. These are nowcasts from a leading correlation: correlation, not causation, and not a guaranteed forecast.

GDP (current US$)

low confidence

Led by CPI inflation by 2 years (it moves withthe target; r = 0.767 over 7 obs).

YearNowcastImplied by CPI inflation in
202617.5T2024 (2.44)

Latest observed49.61(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
202650.156.6844.448.36 – 51.84
202851.0962.4841.2147.01 – 55.17
203052.0766.7839.3245.8 – 58.34
203554.5375.3436.542.84 – 66.23

Blended 1-yr-ahead50.1· skill-weighted across models

Track record±3.21typical miss · 25 realized · 6% MAPE

Method: linear_trend; lookback 8y; horizon 1y; confidence 80%

Gross domestic product, current US dollars

Weak track record · +8%

Latest observed21.2T(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
202622.1T24.2T20.3T21.5T – 22.8T
202824.4T28T21.2T22.6T – 26.2T
203026.6T31.3T22.5T23.6T – 29.6T
203532.2T38.8T26.4T25.5T – 38.8T

Blended 1-yr-ahead22T· skill-weighted across models

Track record±2Ttypical miss · 25 realized · 11% MAPE

Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%

Real GDP growth

Below naive baseline · -8%

Latest observed1.54(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20262.0412-7.960.08 – 4
20283.0812-10-0.4 – 6.57
20304.1312-10-0.51 – 8.76
20356.7312-10-0.43 – 12

Blended 1-yr-ahead1.94· skill-weighted across models

Track record±6.64typical miss · 25 realized · 461% MAPE

Method: weighted_composite; lookback 6y; horizon 1y; confidence 80%

GDP per capita, current US dollars

Weak track record · +8%

Latest observed47.1k(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
202649k53.6k44.9k47.4k – 50.5k
202853.7k61.8k46.6k49.7k – 57.6k
203058.4k68.8k49.3k51.7k – 65k
203570.1k84.9k57.3k55.6k – 84.7k

Blended 1-yr-ahead48.8k· skill-weighted across models

Track record±4.4ktypical miss · 25 realized · 10% MAPE

Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%

Imports of goods and services

Weak track record · +4%

Latest observed45.82(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
202646.2854.0938.4744.34 – 48.22
202847.2160.7433.6742.87 – 51.55
203048.1465.6130.6641.61 – 54.66
203550.4675.1725.7538.6 – 62.31

Blended 1-yr-ahead46.32· skill-weighted across models

Track record±3.37typical miss · 25 realized · 7% MAPE

Method: linear_trend; lookback 8y; horizon 1y; confidence 80%

Consumer price inflation

Below naive baseline · -8%

Latest observed2.47(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20262.8410.12-4.961.18 – 4.5
20282.8815.49-5-0.05 – 5.82
20302.9319.21-5-0.91 – 6.77
20353.0426.06-5-2.55 – 8.63

Blended 1-yr-ahead2.36· skill-weighted across models

Track record±6.54typical miss · 4 realized · 235% MAPE

Method: exponential_smoothing; lookback 6y; horizon 1y; confidence 80%

Gross fixed capital formation to GDP

Weak track record · +3%

Latest observed21.31(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
202621.1622.3320.1520.51 – 21.82
202820.8122.8319.0719.27 – 22.35
203020.4623.0618.2118.14 – 22.79
203519.5923.2716.415.52 – 23.65

Blended 1-yr-ahead21.5· skill-weighted across models

Track record±2.15typical miss · 25 realized · 10% MAPE

Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%

Total population

Strong track record · +54%

Latest observed451.1m(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
2026450.8m472.1m431m436.8m – 464.7m
2028451.7m473.1m431.9m418.3m – 485.2m
2030452.7m474.1m432.9m401.3m – 504.1m
2035455.2m476.7m435.2m360.8m – 549.6m

Blended 1-yr-ahead451.8m· skill-weighted across models

Track record±2.1mtypical miss · 25 realized · 0% MAPE

Method: exponential_smoothing; lookback 10y; horizon 1y; confidence 80%

Productivity growth

Below naive baseline · -3%

Latest observed1.66(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20261.812.61-6.30.43 – 3.18
20282.215-10-0.24 – 4.65
20302.615-10-0.63 – 5.83
20353.5915-10-1.25 – 8.44

Blended 1-yr-ahead1.81· skill-weighted across models

Track record±3.8typical miss · 25 realized · 239% MAPE

Method: weighted_composite; lookback 7y; horizon 1y; confidence 80%

Reserves in months of imports

Weak track record · +1%

Latest observed4.22(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20264.025.222.823.78 – 4.27
20283.795.871.713.29 – 4.29
20303.686.3612.97 – 4.38
20353.587.3802.43 – 4.74

Blended 1-yr-ahead4.25· skill-weighted across models

Method: mean_reversion; lookback 10y; horizon 1y; confidence 80%

Unemployment rate

Weak track record · +1%

Latest observed5.93(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20265.676.35.035.48 – 5.85
20285.156.254.054.73 – 5.56
20304.636.053.214.04 – 5.21
20353.335.331.322.49 – 4.17

Blended 1-yr-ahead6· skill-weighted across models

Track record±3.22typical miss · 20 realized · 52% MAPE

Method: linear_trend; lookback 6y; horizon 1y; confidence 80%

Reliability badges show each indicator's best model skill— how much it beats a naive last-value forecast, measured out-of-sample on that series' own observed history (backtested one-step-ahead). A track record, not a guarantee of future accuracy.

Generated by the prediction engine (model prediction-engine-v1) on 2026-08-01 from observed history. Projections, not observations — never a guarantee of future values.

Machine-readable: GET /api/v1/forecast/country/EUU · Country page → · Full brief → · API docs

202717.5T2025 (2.47)

Fit: GDP (current US$) ≈ 16210891064357.684 + 512113814005.3456·CPI inflation. Correlation, not causation.

Unemployment

moderate confidence

Led by CPI inflation by 1 year (it moves inversely tothe target; r = -0.687 over 8 obs).

YearNowcastImplied by CPI inflation in
20266.62025 (2.47)

Fit: Unemployment ≈ 6.9286 + -0.1335·CPI inflation. Correlation, not causation.

Real GDP growth

low confidence

Led by GDP (current US$) by 1 year (it moves inversely tothe target; r = -0.52 over 65 obs).

YearNowcastImplied by GDP (current US$) in
2026-0.032025 (21.2T)

Fit: Real GDP growth ≈ 4.0108 + 0·GDP (current US$). Correlation, not causation.

CPI inflation

low confidence

Led by Unemployment by 3 years (it moves inversely tothe target; r = -0.513 over 9 obs).

YearNowcastImplied by Unemployment in
20264.812023 (6.03)
20274.92024 (5.92)
20284.892025 (5.93)

Fit: CPI inflation ≈ 9.9643 + -0.8556·Unemployment. Correlation, not causation.

Machine-readable: GET /api/v1/nowcast/country/EUU?indicator= · API docs